AUSTRIA/GERMANY: EXPANSION PLANS BY NORDSEE

Article Abstract:

The German fish restaurant chain Nordsee is to enter the Swiss and northern Italian markets and is currently looking for sites there. The company is also planning to set up a chain of restaurants in eastern Europe. However, the high import duties for sea fish are a hindrance in that region. In Austria Nordsee is to double the number of restaurants from 38 at present. Between 5 and 10 new outlets are to be opened each year. Also a drive-in restaurant is being planned. In 1998 Austrian Nordsee generated a turnover of Sch 707mn. This includes wholesale operations, which were recently merged with those of the Austrian company Cerny.

Italy, Switzerland, Facilities & equipment, Food Services and Drinking Places, Eating Places, Restaurants, Nordsee Deutsche Hochseefischerei GmbH

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AUSTRIA: GERMAN SANOBUB ENTERING THE MARKET

Article Abstract:

German Sanobub aims to gain 10% of the Austrian frozen food market within five years. The company has set up its first Austrian branch in Ansfelden. The 15 staff there should generate a turnover of Sch 20mn in 1999. The company has already signed contracts with 500 clients in the restaurant and retail sector in Austria. German Sanobub generated a turnover of DM 160mn in 1998. Frozen food accounted for 70% of the total and ice-cream for the rest. Rather than vegetable fat or butter, Sanobub uses fresh cream in the production of ice-cream.

Frozen Food Manufacturing, Frozen Foods, Ice Cream and Frozen Dessert Manufacturing, Ice Cream, Sanobub Produktions GmbH

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CZECHIA: AUSTRIAN OLYMP SUCCESSFUL

Article Abstract:

Austrian Telfs-based Olymp has installed 1,000 hot-water controllers in the Czech Republic since 1992, and is aiming at sales of another 200 units by the end of 1999. In heating systems with a capacity of more than 100 kW, Olymp has a market share of 30% in the eastern European country. Competition is keen on the home market, which is why Olymp sells 85% of its products abroad. Olymp's product range includes heating boilers, radiators, burners and hot-water controllers for gas and wood-fired heating systems.

Czech Republic, All Other Miscellaneous Electrical Equipment and Component Manufacturing, Electrical Equipment NEC, Electric equipment

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