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