Austria: Hurriclon has worldwide success
Article Abstract:
The Austria based PMT-Zyklontechnik, originated from a management buy-out of the company from Voest Alpine Finaltechnik. The product Hurriclon was developed between 1989 and 1990. This product is patented and the company produces each one to suit individual client needs. The Hurriclon works similarly to the actions of a cyclone, which increases energy efficiency. It uses air currents to separate particles from gases and is used in many industries, such as the cement, sugar and metal industries. In a large cement works, around 2mn to 3mn kilowatt hours can be saved per year. The Hurriclon is successful worldwide and approximately 85% of the company's trade is in export, with markets being in the far east, Latin America and Europe. In Austria the company employs 30 workers and is aspiring to a turnover of approximately Sch 90mn for 2001. This would be a 150% increase. From November 2001 the company is looking for graduates in engineering and other relevant fields in order to increase the workforce so that a 30% to 40% growth in turnover can be achieved in 2002.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
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Austria: Unsatisfactory performance by Post Office
Article Abstract:
The Austrian Post Office's turnover in 2001 is around Sch 21.7bn in 2001, instead of the anticipated Sch 23bn. In the time of the Internet, letters are no longer as popular, nor are new products proving to be successful. Many new products generated less turnover than was invested in them in the first place, despite an advertising budget of Sch 300mn. The Post Office's four boards have not been able to come to an agreement regarding the budget for 2002. Furthermore, around 640 post offices are being shut and the employment numbers being reduced to 6000 by 2003. The course of business in 2001 will be discussed at a meeting with the board of directors on 4 December 2001. A look at what is to happen in 2002 is also on the agenda. The budget will also be settled. The top management of the Post Office has been accused of lacking direction, with the long discussed new structure still not having been implemented. Anton Wais, chairman of the post office is to attend a conference with the head of its parent company, the Austrian state holding company OIAG.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
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AUSTRIA: POST TO CUT STAFF
Article Abstract:
The Austrian Post
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 1999
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