Ottakringer Getränke
#6972
Rank
$218.87M
Marketcap
Austria
Country
Ms. Doris Krejcarek (Director of Personnel, Accounting, IT, Organization & Controlling and Member of Management Board)
Mr. Markus Raunig (Chairman of Management Board)
Mr. Alexander Tesar (Director of Investor Relations)
Summary
History
The Ottakringer brewery was opened in 1837 by the master miller Heinrich Plank under the name of Planksche Brauerei, after the ruling diocese of Klosterneuburg had granted approval for brewing. In 1850, it was taken over and expanded into a large brewery by the cousins, Ignaz and Jakob Kuffner from Lundenburg. Within ten years, the production increased from 18,318 hl to 64,183 hl. When Kaiser Franz Joseph ordered that the city walls be pulled down and a large number of residential buildings began to be built, Ottakringer grew as well. A new fermentation cellar and a larger warehouse went into operation. Around 1890, the production was already at about 170,000 hl. Moriz von Kuffner, the son of Ignaz von Kuffner, took over the brewery in 1882 and increased the production to over 350,000 hl in the last year before the war, a quantity which was not again reached between the World Wars. In 1905, Kuffner converted the brewery into a joint-stock company.
Even before the annexation of Austria by Nazi Germany, Moriz von Kuffner was forced to sell his business because of his Jewish background. It was sold for a rather low price of 14 million Austrian schillings to Gustav Harmer, who was also forced out of the business for two years after the war. After the liberation by the Allies, the brewery was temporarily managed by the Russians, before the Harmer family managed to legally prove their purchase and again manufactured 150,000 hl as of 1955. The heirs of Moriz von Kuffner, who had died in Zürich in the meantime, were compensated because of their expulsion and the threats of the Nazi regime, which had led to the sale of the business to the Harmer family.
In 1977, the brewery considerably contributed to the breaking up of the beer cartel by withdrawing from it. From that time on, any restaurant could choose whichever beer brewery it wanted as a supplier, independently of its location. In 1986, Ottakringer was listed on the stock exchange. In 1989, bottling in the brown bottles usually used in Austria was stopped and Ottakringer was the first brewery in Austria to introduce the well-known green "shoulder bottles".In 2007, the company initiated a joint partnership with an Iranian company to build a factory in Tehran for producing non-alcoholic beer.
Mission
Vision
Key Team
Patricia Sandriesser (Board Secretariat)
Recognition and Awards
References
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Ms. Doris Krejcarek (Director of Personnel, Accounting, IT, Organization & Controlling and Member of Management Board)
Mr. Markus Raunig (Chairman of Management Board)
Mr. Alexander Tesar (Director of Investor Relations)