In the business operations of ÖBf AG, the order intake is determined by the demand for timber as well as the use of real estate, e.g. the lease and rental of land and buildings. Because of the collapse in the global economy, a sharp fall in demand for timber was apparent from the third quarter of 2008, in particular. The weakness in demand also continued unabatedly in the first quarter of 2009. Given the problems faced by customers for timber, which are characterized, on the one hand, by over-capacity and by a sharp fall in demand, on the other hand, the price of timber has come under massive pressure.
The real estate segment performed very well both in 2008 and in the first quarter of the current year with a continual increase in business volumes despite the economic crisis.