Retail & Consumer

The latest retail and consumer industry and company news and analysis from FriedlNews
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Industrial Location Austria Losing Attractiveness

Among other things, labor costs and energy prices are too high, according to the Austrian Federation of Industries.

April 16, 2014

DiTech: Insolvency Postponed

Heavily affected computer equipement trader DiTech has to postpone filing for insolvency proceedings, which was planned today at the Commercial Court in Vienna.

March 14, 2014

Austria: DiTech to be Taken Over by Investor

Insolvent computer equipment trader DiTech is supposed to be taken over by a German investor with Polish roots.

March 13, 2014

Wifo: Economic Recovery Lacks in Momentum

Economic growth in the Eurozone is still without a major drive. In Austria too, economic recovery is still restrained.

March 11, 2014

Austria: Computer Trader DiTech Declares Insolvency

Viennese hardware computer trader DiTech has slipped into insolvency.

March 10, 2014

Bulgaria: FDI Keeps Increasing

FDI (foreign direct investments) increased by € 1,229.4m in Bulgaria in 2013 while equity capital came at € 953.4m last year.

February 18, 2014

Austria: Slight Economic Growth

The Austrian Institute for Economic Research (Wifo) has forecast an increase of the macroeconomic production by 0.2 percent in real terms compared to the previous quarter.

November 14, 2013

Slovenia: Significant Decline in Business Confidence

Sentiment indicator lower than in the previous month In October 2013 (-13 percentage points) the sentiment indicator was 1 percentage point lower than in September 2013 (-12 percentage points).

October 28, 2013

Amazon to Open Distribution Centers in the Czech Republic

The world’s largest online retailer Amazon plans to create 10,000 jobs in the Czech Republic within the next three years.

October 22, 2013

Poland: Amazon to Establish Three Logistic Centers

Leading online retailer Amazon will open three major logistic centers in Poland. According to the company’s own proclamation, this step does not relate to the latest striking problems in Germany.

October 8, 2013