AUSTRIA: CHANGES AHEAD AT OTTAKRINGER

Article Abstract:

Engelbert Wenckheim, who is resigning as chairman of the board of directors at Ottakringer , says that the drinks group will need to cut costs. The measures that are overdue could involve the outsourcing of areas such as workshop operations. Ottakringer, Austria's second-biggest drinks group, includes the mineral water bottler Voslauer and a brewery in Pecs, Hungary. The holding company, Getrankeindustrie Holding (GIH), is owned 58.7% by the family of Mr Wenckheim. Mr Wenckheim will be succeeded by Siegfried Menz, currently finance director at Ottakringer. Mr Wenckheim's daughter Christiane will be responsible for sales and marketing. Ottakringer estimates its 1999 sales at Sch 950mn. While the mineral water division is making profits, the beer division was just above break-even in 1999.

Executive changes & profiles, Brief Article

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AUSTRIA: OTTAKRINGER SUCCESSFUL IN EXPORTS

Article Abstract:

Ottakringer Brauerei reports that export sales are exceeding expectations. However, the Austrian Vienna-based brewery is suffering from strong pressure on prices on the Italian market. In November 2000 Ottakringer is to re-launch Null Komma Josef. A favourable development is reported for the key brand Ottakringer Helles and for Zwickl beer in kegs. In the first 9 months of 2000 Ottakringer increased profit on ordinary activities by more than half to Sch 2.2mn, while turnover grew 6% to Sch 758mn. Beer sales grew 5% to 445,000 hl and those of non-alcoholic beverages 7.7% to 151,000 hl.

Sales, profits & dividends, Canned & Bottled Soft Drinks, Soft Drink Manufacturing, Malt beverages, Bottled and canned soft drinks, Soft drinks

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AUSTRIA: ZWETTL LAUNCHING MILLENNIUM

Article Abstract:

In year 2000 the Austrian Zwettl-based beer producer Brauerei Zwettl is to increase the use of PET bottles, which have turned out to be successful in the lemonade and mineral water segments. In 1999 the company expects a turnover of Sch 250mn, up from Sch 240mn in 1998. Despite a 15% fall in the sales of low-alcohol beer, Zwettl saw a 2% increase in output to 53,000 hl between the beginning of January and mid-August 1999. Zwettl has engaged the Vienna advertising agency Publicis to handle the introduciton of the brewery's new brand Millennium.

Marketing procedures, Plastics Material and Resin Manufacturing, Packaging, Plastics Bottle Manufacturing, Polyethylene Terephthalate Plastics, Plastic Beer Bottles, Beer bottles, Polyethylene terephthalate, Plastic beverage bottles, Brauerei Zwettl Karl Schwarz Gesellschaft MbH

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