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Vienna International Basic Resources Industry News
Read the latest headlines about developments in the international basic resources industry in Vienna and Austria
Estonia: Hope For Employment Rate to Increase
Employment continued to grow at the end of 2012.
March 8, 2013
Hungary: Austrian Farmers on the Verge of Dispossession
A new regulation should help Hungarians prevent from "greedy speculators".
March 8, 2013
Hungary: Industrial Production Continues Decreasing
According to preliminary data, the Hungarian industrial production decreased by 1.4% in January.
March 7, 2013
Hungary: Expropriation of Foreign Farmers
Prime Minister Viktor Orbán announced further steps and plans the dispossession of foreign investors.
March 7, 2013
Romania: Slight Increase of GDP for 2012 at 0.1 % on Y/Y Comparison
Record decrease at 24.6 % in agriculture, industrial production better off with decrease of 2.4 %. The highest increase was recorded in IT and communication, services and health/social assistance.
March 6, 2013
Latvia: Drop in Industrial Productivity by 3.5 %
Data of the Central Statistical Bureau show that, in comparison with December 2012, industrial production in January 2013 has declined by 3.5 %
March 6, 2013
Estonia: Turnover in Business Sector Increased by 7 %
2012 proves to be a successful year for the business sector
March 6, 2013
Slovakia: Gross Domestic Product Rose in Q 4 of 2012
Compared to Q 3 of 2012 this means an increase of 0.2 %, by y/y the GDP rose by 2 %.
March 6, 2013
“Austrian Industry Still Taking a Breather”
Signs of a stabilisation emerging in employment. |Reduced cost pressure as a result of current price trends. | Delayed spring awakening in industry may provide too little support for a GDP increase in the first quarter of 2013.
March 5, 2013
Romania: Moderate Growth in Manufacturing and Construction Industry
Trends in the evolution of economic activity during: February - April 2013.
March 1, 2013
Austria: Wienerberger in the Red
Results for 2012:Group revenues: € 2,356 million (+23% versus 2011). Operating EBITDA: € 246 million (+2% versus 2011). After tax loss: € 41 million.
February 26, 2013
Austria: Agrana Looking for New Market Shares in CEE and CESEE
CEO explains why Croatia and Serbia might be interesting settings
February 25, 2013 · Updated: February 25, 2013; 18:53
Czech Republic: Trends in 2012
Export and Import Price Indices and Price Indices for International Transport
February 25, 2013
Czech Republic: Agrofert Takes Over German Bakery Chain Lieken
Barilla, the world’s leading manufacturer of pasta products, announced that it had fixed a deal with the Czech company Agrofert to sell the German baking enterprise, Lieken AG.
February 25, 2013
Agrana Expanding in the US
The Austrian sugar, starch and fruit company Agrana is expanding its market presence in North America by constructing a fruit preparation plant in the Northeastern Region of the US.
February 22, 2013
Voestalpine: CEO Eder Cautiously Optimistic
CEO Wolfgang Eder anticipates an economic recovery in the second half of 2013. Despite the difficult framework conditions, voestalpine´s management retains the earnings forecast.
February 7, 2013
Hungary: Production of Main crops Decreases Sharply in 2012
In 2012, 25% less cereals were produced on a 2% larger area than in the previous year.
January 21, 2013
Voestalpine: Major Investments in U.S.
The Austrian steel company wants to build a steel plant for $ 1.0bn in the U.S.
December 17, 2012 · Updated: December 17, 2012; 14:53
Steel Industry: „Up to 100,000 Jobs Endangered“
Wolfgang Eder, CEO of the Austrian steel company voestalpine, warns of the persistently high oversupply in the European steel industry.
November 17, 2012
Declining Profit at Mayr-Melnhof
Sales remained almost stable, net income was down by 20%. Regarding the near future, the company is cautious.
November 15, 2012
Wienerberger: Earnings Up, Profits Down
Today, the Austrian brick group has published the results for the first nine months of 2012. Group revenues were up by 18%. Net profit declined by 26%.
November 13, 2012
Voestalpine: Eder Does Not Exclude to Leave Austria
Wolfgang Eder, CEO of the Austrian steel company voestalpine, underlines to stay in Austria “as long as possible”.
October 15, 2012
Agrana: Substantial Increase in Net Profits
In the first half of 2012|13, AGRANA significantly grew both revenue (by 24.8% to € 1,603.1 million) and pre-exceptionals operating profit (by 20.6% to € 142.5 million).
October 11, 2012
Agrana Launches 2012 Fall Campaigns
This year, the Austrian sugar and starch company expects lower yields.
September 6, 2012
Wienerberger: Declining Earnings Cause Austerity Measures
Group revenues of the Austrian brick producer rose by 5% to € 1,036m (2011: € 986m ). Operating EBITDA declined by 16% to € 104m (2011: € 123m ).
August 21, 2012
Voestalpine: Drop in Profits Expected
Next Tuesday, the Austrian steel group will publish the results fort he first quarter of 2012.
August 4, 2012
Agrana Posts Strong Results
The Austrian sugar and starch company announced its results for first quarter of 2012|13 (ended 31 May 2012): sound business performance is sustained in first three months.
July 12, 2012
Voestalpine to Put Effort into Growth
The Austrian steel producer intends to grow through acquisitions again in the medium term. Exports to Brazil and Asian countries should be promoted.
July 4, 2012
„Up to 70% of European Steel Capacities are Endangered“
Wolfgang Eder, CEO of Austrian voestalpine, thinks that the European steel industry faces fierce competition from the East.
July 3, 2012
Substantial Increase in Dividends at Agrana
Agrana´s Annual Shareholders’ Meeting approves a dividend increase and appoints members to the Supervisory Board.
July 2, 2012
Agrana Opens 2012|13 With Strong First Quarter
The Austrian sugar and starch producer could increase sales by 26.4%. Operating profits rose by 15%.
June 25, 2012
Declining Sales at Ottakringer
The Austrian beer and mineral water producer faces a shrinking market in the first quarter of 2012. Sales fell by 8.9%.
May 16, 2012
Red Bull Still Waits for China
The Austrian energy drink producer aims to enter the Chinese market but still waits for the approval by Chinese authorities.
May 16, 2012
Record Results at Agrana
The Austrian sugar and starch company could raise revenues and earnings significantly. The dividend increases to € 3.60 per share. A moderate increase in revenue is expected.
May 15, 2012
Agrana Starts € 65m Investment
The Austrian sugar and starch company is laying the foundation stone for a wheat starch plant in Lower Austria.
May 3, 2012
€ 110m Bond Issue at Agrana
The Austrian sugar and starch manufacturer places € 110m bonded loan with maturities of five, seven and ten years.
April 24, 2012
Mayr-Melnhof: Dispute in the UK Escalates
After the British site of the Austrian packaging company was shut down in February, the British trade union Unite attacks Mayr-Melnhof sharply.
April 23, 2012
Agrana Aims for Expansion into Balkan Region
The Austrian sugar and starch company Agrana is looking for acquisition targets in the Western Balkans.
April 23, 2012
Bad Prospects for Austrian Paper Industry
In 2011, production of the Austrian paper industry declined by 2.2%. In 2012, there is no reason to be optimistic, the industry says.
April 18, 2012
Lenzing Expects Not to Reach Results of 2011 Again
Lenzing´s CEO Peter Untersberger presented the excellent results of the last financial year. This year, earnings will reach the level of last year only “at best”.
April 13, 2012
Voestalpine Indicates Significant Increase in Revenues
The Austrian steel company recorded about € 12.0bn in revenues last financial year. 25% of the revenues are based on exports apart from Europe.
April 12, 2012
Eder Ticks Off Rail Cartel
Voestalpine´s CEO Wolfgang Eder underlines the new compliance rules of voestalpine. Another participation in a cartel would be “impossible”.
April 7, 2012
EU Approved Joint Venture between Agrana and Ybbstaler
The EU Commission granted Agrana and RWA Raiffeisen Ware Austria the green light for the merger of their fruit juice concentrates subsidiaries.
April 5, 2012
Power Struggle at Red Bull?
After the death of the inventor of Thai-Austrian energy drink, a power struggle between Mateschitz and the new majority owner may arise.
April 4, 2012
Go-Ahead for Joint Venture Between Agrana and RWA.
EU Commission approves joint venture between the two Austrian food companies Agrana Juice Holding GmbH and Ybbstaler Fruit Austria GmbH (RWA).
April 4, 2012
„Steel Industry Needs Market Adjustment“
Wolfgang Eder, CEO of the Austrian steel company voestalpine, sees massive overcapacities in the European steel Industry. Eder reaffirmed his warning to leave Austria.
April 4, 2012
Pröll Declines Konrad´s Succession
Josef Pröll, former Austrian Minister of Finance, excludes rumors about the succession of RZB´s chairman Christian Konrad.
March 30, 2012
Pecik Unwanted at AMAG
A major shareholding in Austrian AMAG will be sold. Ronny Pecik, who is said to be interested, is not welcome.
March 7, 2012
Hammerer Aims For Growth in Italy
The Austrian aluminum company wants to acquire a site of the U.S. Alcoa in Italy.
March 7, 2012
Eder: „Environmental Policy Endangers Economy“
Voestalpine´s CEO criticizes environmental specifications made by EU and domestic politics. Eder sees the danger of a de-industrialization.
March 5, 2012