Austrian Times RSS FeedsLike the Austrian Times Facebook page!Follow us on Twitter!


Events for July
M T W T F S S
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3
Add your event FREE

Today

Videos


BurgKino

Pub Quiz everyTuesday at Johnny's Pub

Popular in Austria


Cosmo&Nanu

Stock exchange listed firm bene replaced directors

Stock exchange listed firm bene replaced directors

The stock exchange listed office furniture company Bene has replaced directors Frank Wiegmann and Dr. Wolfgang Neubert after staging an extraordinary general meeting shortly before Christmas.

The firm, listed on the Vienna stock exchange and based at Waidhofen an der Ybbs has replaced the two with Mag. Rudolf Payer (52) as the new CFO , who was formerly with Price Waterhouse Wien and GiroCredit and new COO is German born Michael Feldt (44) , formerly with Apple and IBM in America.

According to the report on presstext (http://adhoc.pressetext.com/news/20121217006) the Chairman of the Board of Directors Manfred Bene said: "If we increase our turnover by 16.2% over the previous year, but income still continues to worsen then something is being done wrong.

"As a result, the board has decided to go ahead with this change in management with immediate effect. I'm confident that with our strong position in the market, our excellent service facilities and network and our innovative products that we will be able to achieve a turnaround next year."

As earlier reported the listed office furniture producer grew in all segments in the first three quarters of 2012/13 and the company’s turnover rose 16 per cent to 159.3 million Euro. In spite of this rise, the net result for the period was a loss of 7.8 million Euro for the company. When added to last year’s loss of 4 million Euro this means that the company has slipped further into the red.

There could be several explanations for the negative figures. For one, Bene invested in distribution and logistics and opened up new markets in Asia.

The company also experienced a fall in profit from retail business and day-to-day business which they had not anticipated. In the third quarter, Bene sold their products too cheaply and the company also invested more in the development of new products such as dividing screens for large office rooms.

Bene AG employed 1,380 workers at the end of October 2013, which is 4.5 per cent more than last year.

Austrian Times


Are you on Facebook? Like the Austrian Times on Facebook and win great prizes!


Cosmo and Nanu
ORF Watch

Tag cloud:
furniture  Bene  grew  products  innovative  directors  listed  invested  presstext  rsquo  turnaround  turnover  Euro  loss  exchange  stock  spite  business  slipped  quarters

Latest News

 

Teen Dying Of Cancer Killed At Charity Event After Ride In Porsche Goes Wrong
The family of a sick boy who was offered a trip in a high-performance Porsche because he was dying of cancer is suing the charity after the Porsche he was travelling in crashed head-on into oncoming traffic.

Japanese Pervert Planned Natascha Kampusch Style Kidnap
A Japanese man inspired by Austrian pervert Wolfgang Priklopil kidnapped a 10-year-old girl and kept her in a purpose-built cellar where he planned to train her to become the perfect wife.

German Hiker Yodels For Help After Getting Trapped In Cattle Grid
A portly hiker dressed in traditional Lederhosen was rescued after he yodeled for help after getting stuck for three hours in a cattle grid.

Austrian Wine Grower Sets New Record For Maturing Grapes
An award-winning Austrian winegrower is believed to have set a new record after leaving harvested grapes for an incredible nine months before fermenting them to create an ultra-sweet white and red wine.

Austrian Castle Owner Shocked By Airplane Wheel In Duck Pond
An Austrian castle owner got a shock after discovering this massive aircraft wheel had landed in his duck pond.

Glock Receives Austrian Award At Birthday Party
Austrian gun maker Gaston Glock has celebrated his 85th birthday with a huge ceremony in which the charitable work of himself and his wife Kathrin was honoured with a top Austrian award, and confirmation that this year two streets and a business park are to be named after him.

Sausage Surprise As Giant Wurst Is Pinched
Austrian police are hunting crooks who broke open a market stall and stole a 1.5 metre sausage worth over 2,000 EUR in the picture postcard village of St Michael in the region of Lungau.

Multi Coloured UFOs In Formation Over Austria
Austrian officials say they are baffled to explain a UFO sighting in which dozens of people reported seeing between 50 and 100 objects flying in formation.

Priests Furious After Porn Films Shot In Local Parish Church
A furious Austrian Catholic priest has complained to police after discovering a local woman had apparently been using his church as a studio to make porn films.

Two metre snake sends woman motorist fleeing
An Austrian motorist got a shock after noticing something hanging down from under her car and realising it was a huge two metre snake that had ended up curled around the engine.

 


Mala Vrata

The most popular stories –
last 7 days



Don't moan alone, the Ombudsman Investigates.

Why suffer in silence. Let off steam by letting our readers share your troubles. File your complaints about anything and everything here.

Our ombudsman David Rogers will try and help solve some of the problems from lazy civil servants through to incompetent companies – and at the very least the worst transgressors will end up in our weekly special report.


Austrian Zimmers