AUSTRIA: GROWTH FOR TETRA PAK IN 2000

Article Abstract:

Tetra Pak reports a record sales volume in Austria in 2000, at 612mn packaging units. Turnover increased 10% to Sch 853mn. The growth is attributed largely to large packaging units. Tetra Pak, which gained an approval for its PET bottle with an interior lining for beer in Austria in year 2000, reports a trend in the Austrian beverage market towards PET in single-portion packs and towards cartons in larger packaging sizes. It remains open when the PET beer bottle will be introduced in Austria. Tetra Pak sees chances in the event catering sector rather than in the food retail trade.

Product introduction, Plastic Containers, All Other Plastics Product Manufacturing, Plastics products, not elsewhere classified

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AUSTRIA: DECLINE FOR TETRA PAK IN 1999

Article Abstract:

In 1999 the Austrian arm of Tetra Pak saw a 8.6% decline from the exceptionally good year of 1998. The managing director for Austria, Hanns Per Kober, refers to the seasonal character of the drinks markets and to the fact that the planning and installation of machines was passed on to the Munich branch of the group. Tetra Pak sold 1.078bn liquid cartons and generated a turnover of Sch 777mn in Austria in 1999. According to Mr Kober, the result was "satisfactory".

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Hungary: Britton buys into Kartonpack

Article Abstract:

Britton, a US investment group, has taken a 29.8% stake in the Hungarian packaging manufacturer Kartonpack. Deutsche Balaton Broker Holding, which sold the stake, retains indirectly 43.7% of the stock. Also Mayr-Melnhof of Austria had been interested in Kartonpack .

Asset sales & divestitures, Hungary

Similar abstracts:

• Abstracts: AUSTRIA: GROWTH FOR STIEGL IN 2000. AUSTRIA: PET BOTTLE FOR BEER BY TETRA PAK. AUSTRIA: NEW BEER BY EGGENBERG
• Abstracts: AUSTRIA: BOOM FOR ALL-TERRAIN VEHICLES. AUSTRIA: SLIGHT DECLINE IN CAR MARKET EXPECTED. AUSTRIA: DECLINE IN NEW CAR REGISTRATIONS
• Abstracts: AUSTRIA: GENERALI GROWING IN THE EAST. AUSTRIA: MEDICAL INSURANCE PREMIUMS TO RISE. AUSTRIA: GENERALI RESULTS FOR 1999

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