Austria: KTM shows sustained growth

Article Abstract:

The Austrian based motorcycle manufacturer, KTM with a workforce of 1,038 is investing EUR 21mn in a research and development centre as well as a new motor works and international motor sport centre in order to safeguard growth in the industry. In the financial year of 2000/01, the profit before tax and interest was more than trebled compared to 2000, reaching EUR 20.2mn. KTM increased its turnover by 43% to EUR 230mn. With 45,648 motorcycles being sold, an increase of 34% was achieved. The US was the biggest market, with 13,900 machines being sold. The Austrian market share is 10%. KTM anticipates further growth, expecting to sell 60,000 motorcycles in 2002. In the first quarter of the new financial year of 2001/02, a 45% increase in the number of sales was shown, compared to 2000/01.

Sales, profits & dividends, Market share, Expanded capacity, plant expansion, KTM Motor-Fahrzeugbau AG (Austria)

---

AUSTRIA: RECOVERY IN BICYCLE MARKET

Article Abstract:

A study by the consultancy company Kreutzer, Fischer & Partner concludes that the Austrian bicycle market has recovered, after being hit by the in-line skating boom in 1998. In 1999 the sales of bicycles grew by 30,000 units to 486,000 units in 1999. As the average price has risen from Sch 3,185 in 1998 to Sch 3,288 in 2000, turnover has increased by 10% to Sch 1.6bn . While sales of mountain bikes continue to fall, there is a trend towards medium- and high-priced products. The sales of trekking bikes increased 16% in number and 23.4% in turnover in 1999.

Sales & consumption, Bicycles, BICYCLE MARKET

---

AUSTRIA: ELECTRIC VEHICLES BY REV

Article Abstract:

A company called REV (Rechargeable Electric Vehicles), which is backed by Italian investors, is looking for local subcontractors in Carinthia for the production of electric 2- and 3-wheel vehicles in Viktring. The company itself will concentrate on assembling and selling the vehicles. Initially it is to launch two vehicles. One of them will be a 3-wheeler targeting elderly consumers. It is said to be the first electric vehicle approved in the whole of the European Union.

Strategy & planning, Automobile Manufacturing, Electric Autos & Vans, Electric vehicles, REV

Similar abstracts:

• Abstracts: Austria: EU forbids CVC to buy Lenzing. AUSTRIA: COURT FORBIDS TELEKOM AD CLAIM. Lenzing f hrt mit Lyocell Millionenverluste ein
• Abstracts: Austria: Ticket Junior a success. AUSTRIA: GROWING DEMAND FOR LONG-TERM CARE. Austria: System encourages early retirement
• Abstracts: AUSTRIA: PORR LOOKING FOR NEW SHAREHOLDERS. AUSTRIA: CONSTRUCTION OUTPUT UP. Austria: Recession in wholesale and building trade
• Abstracts: Austria: Lifting of tax restrictions in Austria? Austria: Research into drivers' behaviour. AUSTRIA: LAYOFFS AT EUROSTAR
• Abstracts: New threats, new hopes. Leaving the feeding grounds: Canada. Saving Canada's wilderness - perhaps

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.