Read the latest headlines about developments in the international basic resources industry in Vienna and Austria
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Vienna International Basic Resources Industry News

Number of Agricultural Holdings Still Shrinks

Agricultural census 2010: Number of Austrian agricultural and forestry holdings decreased, trend towards larger holdings.

October 10, 2011

Teak Holz Wins Major Order

The Upper Austrian timber company signed a € 50m contract for external forest management activities in Costa Rica.

October 6, 2011

Teak Holz Cancels Capital Increase

The Upper Austrian timber company will delay its expansion to a later point in time. Forest management and other projects are not affected by the decision.

September 24, 2011

Austria and Azerbaijan Expand Cooperation

An Austrian delegation will hold several meetings with Azerbaijani ministries and private companies.

September 20, 2011

Hammerer Aluminium: € 8.5m Investment for Austrian Industrial Location

The aluminum company Hammerer Aluminium Industries (HAI) enlarges the headquarters location in Ranshofen, Austria.

September 13, 2011

Agrana Raises Sugar Price Drastically

The Austrian sugar and starch company confirmed that the sugar price will rise significantly by the beginning of October. This is due to the “world market price”, the company stated.

September 6, 2011

Mayr-Melnhof with Improved Sales and Earnings

The Austrian packaging company reported an increase in sales of 14.5% for the period from January to June. Profit was improved from € 48.9m to € 64.0m.

August 17, 2011

Wienerberger Returns to Profit Zone

The Austrian brick producer recorded a net profit of € 38m in the first half of the year. Earnings growth was supported by higher volumes, better capacity utilization and higher prices.

August 17, 2011

Green Light for Strabag’s Cooperation with Lafarge

The Austrian construction company has wrapped up the acquisition of a 30% stake in the joint venture with the French building material supplier.

August 5, 2011

Teak Holz International: Earnings Four Times as High as Revenue

The Upper Austrian timber company’s revenue more than doubled in the first nine months of the financial year. The value of plantations increased by € 8.7m.

August 4, 2011

voestalpine Sues EU Over Plans for Carbon Emissions

The Austrian steel company and four German competitors filed a lawsuit against the EU. They argue that CO2 emission targets are unrealistic and unachievable.

July 21, 2011

German Rail Cartel: Increasing Pressure on voestalpine

The German Federal Cartel Office made new inspections at a local subsidiary of the Austrian steel company. According to press reports, price fixing on the German rail market continued until 2011.

July 20, 2011

First Quarter: Agrana Improved Revenue and Earnings

The Austrian sugar, starch and fruit company increased revenue by 13.4% in the first three months of financial year 2011/2012. Operating profit went up 79.6%.

July 14, 2011

Plansee Group Achieved Sales Record

The Austrian provider of metallurgically manufactured products increased revenue by 46%. A new factory near Shanghai is scheduled to start operation in 2012.

July 7, 2011

voestalpine is the Leniency Applicant in the German Rail Cartel

The Austrian steel company applied for leniency in the case of anti-competitive practices in the German rail tracks market. The group expects to be exempted from any fines.

July 1, 2011

voestalpine May Revive Plans for New Factory

The Austrian steel company may revive plans next year to build a plant abroad as rising demand boosts prices.

June 29, 2011

Teak Holz to Raise Capital for Expansion

The Upper Austrian timber company announced a capital increase by € 15.6m. The funds will be used to boost growth.

June 28, 2011

voestalpine Acquires Dutch Company’s Research Department

The Austrian steel company expands its portfolio in railway systems technology with the acquisition of Baas R&D. The transaction is expected to boost expertise in diagnostic systems for rail transport.

June 27, 2011

Agrana Increases Annual Guidance after Strong First Quarter

The Austrian sugar, starch and fruit company expects significant improvement in results in the financial year 2011/12. Revenue increased by 13% in the first three months.

June 22, 2011

Agrana Opens Production Site in Egypt

The Austrian fruit, starch and sugar company has started production in its new plant which is seen as a basis for further expansion in the Middle East and North Africa.

June 7, 2011

Agrana Interested in Hellenic Sugar

The Austrian sugar and starch company is said to be interested in an acquisition of the Greek company which incurred a loss of € 27.1m in the last year.

May 31, 2011

Strong Growth for voestalpine in 2010/11

The Austrian steel company increased its operating result by 180% to € 984.8m. Annual profit tripled to around € 600m.

May 31, 2011

Austrian Cement Industry: Further Decline in Production

Total cement production is 20% lower than in 2008. A reversal of the trend is expected for 2012.

May 19, 2011

RWA: Strong Results in 2010

The Austrian conglomerate achieved double-digit growth rates of revenues and earnings. The positive trend continues in 2011.

May 17, 2011

voestalpine: Eder Threatens to Withdraw from Austria

The voestalpine steel company has to struggle already massively with the EU’s climate change protection objectives, said Eder. They should not be increased further.

May 14, 2011

Strong Profit Growth for Agrana

The Austrian sugar and starch company could record an increase in sales by 8.9%. The starch segment could grow faster than the sugar segment.

May 13, 2011

New Inspections at voestalpine Subsidiary

The German Federal Cartel Office today made new inspections at a local subsidiary of the Austrian steel company.

May 12, 2011

Mayr-Melnhof Improves Results Significantly

The Austrian packaging company could rise profits by 27.3%. Sales went up by 12.6%.

May 12, 2011

Waste Collection is Growing in Austria

The recycling industry can look forward to higher amounts of waste collection. The amount of packages capable of being recycles has risen by 1.3%.

May 12, 2011

Inspections at German Subsidiary of voestalpine AG

Inspections by German Federal Cartel office at voestalpine Klöckner Bahntechnik GmbH.

May 11, 2011

Austria's Dairy Industry has Overcome the Crisis

Sales of dairies increased by 5%, results declined slightly. The export share is 43.5%.

April 20, 2011

Timber Production Increased Slightly Again in 2010

The timber harvest increased last year by 6.6% compared with 2009. Climate-damaged timber has decreased by 14%.

April 20, 2011

New Plant for Agrana

The Austrian sugar and starch company builds a wheat starch plant - investment volume € 56m.

March 10, 2011

Austrian Construction Supply Industry Stagnates

After a sales decrease of 11% in the crisis year 2009, total sales stagnates at € 3.2bn. The number of employees falls by 3.1%.

March 3, 2011

Merger between Agrana Juice and Ybbstaler Fruit Austria

The sugar, starch and fruit group Agrana and Raiffeisen Ware Austria (RWA) are considering a merger of their fruit juice concentrate subsidiaries.

March 1, 2011

Agrana Expands in Russia

The Austrian sugar and starch company invests € 27.6m in fast-growing Russian market.

February 23, 2011

voestalpine: EBIT Rise Three-Fold

The Austrian steel company voestalpine records a further progression of earnings in 3rd fiscal quarter 2010/11.

February 19, 2011

Strong Sales Growth Expected for voestalpine

Analysts expect that the largest Austrian steel group will present strong quarterly results.

February 17, 2011

Eder Favors Further Privatizations

The CEO of Austria's largest steel company, voestalpine, would like to see the state pushed away from business still further.

February 15, 2011

Eder Considers European Manufacturing Industry is at a Disadvantage

For the CEO of the Austrian steel company voestalpine, the European manufacturing industry is at a disadvantage, despite innovative leadership.

February 5, 2011

Agrana Closes Chinese Joint Venture

The Austrian Agrana and the Chinese YNA divide their joint ventures for apple juice concentrate in China.

February 2, 2011

Teak Holz Manages Turaround

The Austrian timber company could realize profits again in the fiscal year October 2009/September 2010.

January 29, 2011

Upper Austrian Manufacturing Industry on Investment Course

AMAG and Lenzing show ambitions to be listed again on the Vienna Stock Exchange. Energie AG massively increases its investment budget.

January 21, 2011

Agrana: Successful Completion of Campaigns

Agrana completed the sugar beet campaign at the sugar processing plant in Tulln|Lower Austria and, therefore, the 2010|2011 processing season at all of its facilities.

January 21, 2011

Agrana´s Upward Trend Continues

With a strong third quarter, Agrana, the Austrian sugar, starch and fruit group, continued its positive performance of the current financial year.

January 14, 2011

Voestalpine: Franz Rotter taking over from Claus Raidl

Already on Monday 31st March 2010 the Supervisory Board of voestalpine AG appointed Mr. Franz Rotter to the Management Board of voestalpine AG, with effect from 1st January 2011.

December 27, 2010

Order for Over € 100m for Voestalpine

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

December 20, 2010

Further Increases in Prices of Industrial Goods

Increase in industrial producer prices in October 2010 is, according to Statistik Austria, +4.0% compared with the same month last year.

December 20, 2010

Lenzing Expands Fiber Production Capacity

The Lenzing Group, an Austrian actor in man-made cellulose fibers, sets the course for the future expansion of its fiber production capacity.

December 13, 2010

Mayr-Melnhof: Bankruptcy in Switzerland

The Austrian manufacturer of packaging materials is preparing bankruptcy proceedings for the Swiss sawmill in Ems.

December 8, 2010
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