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Austrian Retail and Consumer Headlines

Bene halved loss last year, will reduce employment

The troubled office furniture producer Bene has reported its intention to dismiss 127 employees, mainly from the management, to the labour office. Moreover, the number of employees in international branches will be reduced by 29.

April 24, 2015

Vienna City With Record Number of Overnight Stays in March

The Austrian capital Vienna enjoyed a record number of tourist overnight stays in March 2015 as the figure slightly exceeded one million, rising by 7.1 percent y/y, the city's tourism association said in a statement on Thursday.

April 23, 2015 Gets Full License in New Jersey

Austrian-British online gambling group has received a full Internet gambling license in New Jersey. Also Sportech, a sports betting company from London received a license. Both companies are already present in New Jersey, but could up till now operate only in cooperation with US partners.

April 22, 2015

Novomatic Gambling Said to Join Race for Casinos Austria

Listed gaming machines company Novomatic reportedly joined the race for the majority stake in casinos operator Casinos Austria, the daily Presse writes Wednesday citing sources.

April 22, 2015

Telekom Austria Loses 271.4K Mobile Customers in Austria Over Year

Listed telco Telekom Austria saw its mobile customers number fall by 271.4k or 4.8 percent over the past year in Austria to 5.38 million as of end of March, the company said in the quarterly report out Wednesday.

April 22, 2015

Bipa Cosmetics Online Store Turns to Profit

Cosmetics stores chain Bipa, a unit of retail giant Rewe, has seen its online sales become profitable in the past few months, management members Diermar Gruber and Hubert Sauer told APA without giving any specific figures.

April 22, 2015

Austria Faces Competition in Run for Casinos Austria Stake

Austrian state holding OBIB may face competition in the race for 67 percent in listed gambling group Casinos Austria as an Austrian-Czech investor group is reportedly also eyeing the stake, the daily Presse writes.

April 20, 2015

Austria Ever More Popular with Asian Tourists

Austria has enjoyed a rising inflow of tourists from Asia with the number of visitors growing by 140 percent in the last five years, Austrian marketing organisation Österreich Werbung's Klaus Ehrenbrandtner said.

April 17, 2015

Cosmetics Chain DM Austria Raised Sales By 6.4 Percent in H1

Cosmetics chain dm raised its sales in the first half of the financial year 2014/15 (October to March) in Austria by 6.4 percent to EUR 396 million (USD 419 million). The company’s market share in the segment of cosmetics increased over the past two years from 16 percent to 18 percent dm announced.

April 16, 2015

RWA Conglomerate Enters Romania, Revenues & Profit Down in 2014

Austrian warehouse operator and conglomerate Raiffeisen Ware Austria (RWA) launched a unit in Romania, Raiffeisen Agro Romania, completing its presence in CEE and SEE.

April 14, 2015