AUSTRIA: OAF EXPECTS DECLINE IN TRUCKS
Article Abstract:
Osterreichische Automobilfabrik OAF-Graf & Stift AG expects the sales of lorries from 6 tonnes upwards in Europe to decline in the year to mid-2001. A fall is expected also on the Austrian market, following above-average sales in the past few years. In the financial year to 30 June 2000, the Austrian Vienna-based subsidiary of the German MAN group produced 3,422 lorry units, up 18% on a year earlier, and 41 "driveable bus underbodies", down from 91 a year earlier. Turnover grew 11% to EUR 241mn. The inflow of orders was up 4% at EUR 237.2mn, while order books decreased by almost 6% to EUR 63.9mn. Export orders grew 31%. Profit on ordinary activities rose from EUR 8.6mn to EUR 14.2mn and profit for the year from EUR 7.5mn to EUR 9.5mn.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2000
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AUSTRIA: INVESTMENT BY DOPPELMAYER
Article Abstract:
The Austrian Wolfurt-based cable car manufacturer Doppelmayr is spending Sch 240mn on a new production building to accommodate those parts of production that cause most noise. Last financial year Doppelmayr saw a 12% increase in turnover to Sch 3.65bn. The company with 1,100 staff has production, sales and service outlets in 45 countries and exports to 68 countries. One of Doppelmayr's latest products is a chairlift for eight passengers per seat row. Beside merely making cable car and ski lift systems, the company is to expand as an operator of the system.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2000
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AUSTRIA: JOB CUTS AT MAN SUBSIDIARIES
Article Abstract:
German commercial vehicle group MAN announced to scrap another 1,900 jobs. 170 of those job cuts will take place in MAN's Austrian subsidiaries, which currently have 3,800 staff and produced about one-third of all trucks sold through MAN Nutzfahrzeuge AG in 2000. 150 jobs will be lost Steyr Nutzfahrzeuge, which produces small to medium-sized trucks. Bus producer OAF-Graf & Stift will have to cut 20 jobs. The job cuts in Austria are moderate as the doldrums in truck sales have not hit product range of Steyr to the full extent.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
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