Read the latest headlines about developments in the international automotive industry in Vienna and Austria
Sponsored
Page 5/5

Vienna International Automotive Industry News

Order for Over € 100m for Voestalpine

The Austrian steel company receives an order for over € 100m by Daimler Trucks.

December 20, 2010

ATB Group Still Records Losses

The A-Tec division ATB publishes its results for the first nine months: declining sales and losses.

December 14, 2010

India: New Promising Market for Austrian Supply Industry

Car sales in India rise steadily by 30%. Indian vehicle and component manufacturers are increasingly showing interest in foreign technology.

November 23, 2010

Pankl Announces 2009/10 Results

The Styrian Engineering Company records a slight fall in revenues. EBIT grew by 94%.

November 22, 2010

Magna: Fight for Pininfarina Car Designer

Magna is interested in buying the renowned car body manufacturer and designer Pininfarina, but Indians and Chinese also have purchase intentions.

November 18, 2010

Pankl Announces Results for 2009/10

The Styrian company Pankl Racing Systems AG presented its preliminary results for the 12-Month period in fiscal year 2009/10. Revenues grew by 20.5 percent in Q4.

November 11, 2010

Magna: Significant Increase in Sales and Earnings

Magna International Inc. today reported financial results for nine months ended September 30, 2010.

November 5, 2010

Polytec: Withdrawal of RLB Oberösterreich?

According to market information, the Raiffeisen Landesbank Oberösterreich (Upper Austria) will separate from the auto supplier, who was badly hit by the crisis, but is writing black figures again.

November 4, 2010

Polytec Group Continues Upward Trend

The Upper-Austrian automotive component supplier is able to record rising earnings also in Q3 2010.

November 3, 2010

KTM is Back Again

With a surprisingly positive quarterly result, the motorcycle manufacturer KTM shows its old strength. All expectations have been exceeded.

October 22, 2010

MAGNA: Still No Battery Plant in Burgenland

All efforts towards the establishment of the plant seem in vain so far, although the prospects for success seemed quite good recently.

October 18, 2010

Magna-Steyr Member of the Board Apfalter becomes Europe Boss of the Magna Group

Apfalter stays on as Magna-Steyr CEO; Eibeck, as Europe Vice-President, is responsible for the Russian market

October 15, 2010

Production of BMW X3 Shifts From Styria to USA

In Graz, where the BMW X3 has been manufactured until now, production will focus on Minis.

October 14, 2010

Coface CEE Top 500 - Poland Largest Number of Companies in CEE

Poland has the largest number of companies in the Central and Eastern Europe Top 500 with 28.4%. Hungary ranks second with 16.6%, overtaking the Czech Republic, which is home for 13.8% of the CEE Top 500.

October 12, 2010

Slovakia: Changes in Automobile Production Trend

Manufacturers operating in Slovakia invest again. Total production in 2010 may reach over half a million vehicles. An opportunity for foreign suppliers.

October 12, 2010

Chip Manufacturer Infineon: Revalorization of the Development Center Graz

The German chip maker based in Villach is bundling competencies. All future research on tire pressure sensors will be made at the Infineon Development Center Graz with 250 employees.

October 8, 2010

AVL Opens Battery-Testing Lab in Shanghai

With the opening of its battery laboratory at AVL Shanghai Tech Center in China, the company has taken a further visible step on the path toward powertrain electrification in the area of battery development.

October 6, 2010

Vienna now has its own Expat Center

In Vienna, the first Expat Center in Austria was opened. The project was handled by the Vienna Business Agency (former WWFF).

September 30, 2010

Russian Machines: Siegfried Wolf Obtains a Stake and Receives Clear Voting Rights

Siegfried Wolf, one of the two former top executives of Magna International not only changes over (as reported) to Oleg Deripaska's “Basic Element” company, but will also have a stake in it.

September 29, 2010

Deripaska: Back to Austria as Strabag Shareholder?

In 2 weeks, on October 15, the deadline expires for Oleg Deripaska to re-purchase his 25% share of the domestic construction company Strabag for about half a billion euro.

September 29, 2010

Magna: Rapprochement to Opel through Astra-order

Magna will take over the development of a new Opel Astra model. Just a year ago, Magna attempted to acquire the whole German GM subsidiary, but the takeover was aborted by General Motors.

September 29, 2010

HTI Subsidiary Gruber & Kaja Receives 45 Million Euro Contract

HTI technology group wins a new major contract worth a total of around 45 million euro to be executed in the term of eight years.

September 23, 2010

Magna International - Openings of New Plants in St. Petersburg Area

Magna International Inc., the world’s most diverse automotive supplier, announced today the opening of three facilities in the St. Petersburg, Russia, area.

September 23, 2010

Zizala to spend EUR 15 million for plant development

Zizala Lichtsysteme GmbH, Wieselburg, Lower Austria invested some EUR 15 million in the development of its plant in Scheibbs, in a bid to raise its production capacity.

September 20, 2010

Austria's Management and Supervisory Boards’ Salaries on the Test Bench

The partly state-run OMV had the most expensive board of all Austrian corporations in 2009. In total, the oil company spent 10.2 million euro on its bosses, 23.4% more than the previous year.

September 20, 2010

Ferdinand Piëch: Fortune Transferred to Austrian Foundations

The 73-year-old Porsche co-owner and Volkswagen's supervisory board chairman Ferdinand Karl Piëch has bequested his fortune.

September 20, 2010

Polytec Takes Off on the Stock Market. Huemer's Vision Blooms Again

The share of the auto supplier Polytec surprises the Vienna Stock Exchange with price jumps. "Who knows what is behind it," they say.

September 14, 2010

Magna - Siegfried Wolf to leave in November

Magna International Inc. today announced that Siegfried Wolf, Magna's Co-Chief Executive Officer, has resigned as a director and officer effective November 15, 2010.

September 13, 2010

Personnel-leasing PSL - 61 positions are tottering

As part of its reorganization, PSL wants to lease the company for a rent of 80 percent of the POA to the new PRS Personalservice GmbH.

September 9, 2010

Parker Hannifin opens subsidiary in Upper Austria

In the future, Parker Hannifin, a U.S. industry supplier, will operate in 17 CEE countries from Austria.

September 8, 2010

Opel - Plant in Vienna Aspern provides EUR 10.6 million per year to Germany

The staff of the automotive plant of General Motors in Aspern provides around EUR 10.6m p.a. for the reorganization of German car producer Opel

September 3, 2010

Kapsch TrafficCom's South African subsidiary wins contract worth EUR 17.5 million

TMT Services and Supplies, the South African subsidiary of Kapsch TrafficCom has been awarded a contract by the City of Johannesburg worth approximately EUR 17.5 million.

September 2, 2010

Magna - Plan of arrangement completed

Magna's plan of arrangement to eliminate Magna's dual-class share structure has been completed.

September 1, 2010

Miba Acquires Producers of Power Electronics Components

Miba, strategic partner to the international engine and automotive industry, has acquired EBG and DAU, producers of power electronics components, as of September 1, 2010.

September 1, 2010

Registration numbers of new passenger cars are up

Provisional number of new passenger car registrations in August 2010: +10.4%.

September 1, 2010

More profits and less jobs at Rosenbauer

The fire service supplier earned €14.64m ($18.7) this year, €4.21m ($5.37) more than a year ago.

August 30, 2010

Kapsch TrafficCom returns to profit zone

The listed “tolls specialist” has doubled its sales to almost €66.3m ($83.88) in the first quarter.

August 25, 2010

KTM confirms earning rise in the third quarter

Due to the focus on KTM´s core business and its efficient cost management, KTM managed to find the fastest track out of the crisis despite slightly lower sales.

July 23, 2010

A-Tec Industries announces changes on Management Board

Christian Schrötter, CFO, today informed the company´s Supervisory Board of his decision not to extend his contract.

July 21, 2010

Magna International AGM - Shareholders will vote about Frank Stronach’s future

The Austrian-Canadian supplier Magna International set a new general meeting for July 23rd, to vote about the retreat of founder Frank Stronach.

July 9, 2010

MAN-Chief

The Austrian Georg Pachta-Reyhofen remains at the top of the German trucks and engineering group MAN.

July 2, 2010

A-Tec wants private bonds.

Denomination of €1000 - termination, at violation of certain ratios The A-Tec intends to target private investors with their planned five-year bond (subscription period from June 1 to July 5). The nominal value amounts to €1000 ($1223). The expiring A-

June 30, 2010

A-Tec Industries AG to float corporate bond

A-TEC Industries AG is currently in preparations to issue a corporate bond.

June 28, 2010

Stronach handing off control of Magna International

Shareholders decide on the planned restructuring of the international subcontractor- development of e-cars

June 28, 2010

KTM Power Sports AG - KTM speeds up earning rise in the third quarter

The KTM-group is expected to generate an EBIT of €12.4m in the 3rd quarter of 2009/10 and is heading for an overly positive business year 2009/10.

June 25, 2010

Miba AG makes a strong start to the new business year

Miba, strategic partner to the international engine and automotive industry, had a strong start to the new business year.

June 11, 2010

Securing the future of the GM plant in Vienna-Aspern

Economy points to larger role of GM Powertrain in the restructuring plan.

June 10, 2010

Rosenbauer International AG - major order from Saudi Arabia

Rosenbauer, a leading manufacturer of fire fighting vehicles, has once again received a major order from the Saudi Arabian Ministry of the Interior.

June 8, 2010

Rosenbauer International AG - The new AT - the municipal fire service vehicle of the future

The AT from Rosenbauer has been a byword among fire services for more than 15 years. Moreover, ever since the first generation, it has been subject to ongoing improvements and in the meantime, over 2,000 vehicles are in operation worldwide.

June 7, 2010
Fast News Search
This category only