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Vienna International Basic Resources Industry News

Turkey: Industrial Turnover Index Grew 14.8 Percent

The statistical office of Turkey announced that the Industrial Turnover Index in July increased by 14.8 percent compared to the same month in 2012.

September 13, 2013

Eurozone: Industrial Production Decreased 1.5 Percent

Industrial production fell in fifteen EU member states.

September 13, 2013

Austria: voestalpine Sells its Interest in VA Intertrading

The voestalpine Group announced today that over the next three years it will gradually sell its 38.5% interest in VA Intertrading to an investor.

September 13, 2013

Turkey: Strong Industrial Production at Start of Q3

Turkey saw a strong industrial production at the start of the third quarter, according to official data, which gives hope for an improved economic growth as the country is facing more and more economic difficulties.

September 10, 2013

Romania: Industrial Sales Increased 4.7 Percent in 2013

Romania’s industrial sales increased 4.7 percent in the first seven months.

September 9, 2013

Russia: Disappointed About Joining WTO

A year ago, Russia joined the World Trade Organization (WTO). However, the country is not satisfied with the results despite of having negotiated about joining for 19 years.

August 26, 2013

Eurozone: Strongest Growth Rates in Two Years

The Eurozone continues to recover. Businesses in industrial production and in the service sector increased to a new high in more than two years. However, growth in both sectors is still not enough for the creation of new jobs.

August 22, 2013

Ukraine Remains in a Recession for a Year

In the second quarter of 2013 GDP contracted by 1.1 percent on a year-on-year comparison basis.

August 20, 2013

Wienerberger Facing Losses

H1 results confirm Wienerberger's diversification strategy.

August 20, 2013

Russia: Rusal to Slip into the Red

Russian metal giant Rusal has to decrease production by 357,000 tons this year due to a drop in prices in aluminium. The company now hopes for state subsidy.

August 19, 2013

Russia Blocks Imports from Ukraine

Kyiv demands to immediately remove bureaucratic obstacles.

August 16, 2013

Mayr-Melnhof Group: Profits Above Last Year's Value

Results for the 1st Half-year 2013

August 15, 2013

Wifo: Economic Growth with Brakes On

Economic upswing will take time. Considering the individual branches an uneven picture emerges.

August 9, 2013

Significant Increase in Serbian Exports

Serbia's exports rose 6% and imports 4.1%.

August 1, 2013

Romania: Drop of VAT on Bread and Baked Goods

Around 70 percent of Romanian bread and baked goods are sold on the black market. A drop in VAT is supposed to change that.

July 31, 2013

Voestalpine: Cartel Proceedings Finally Settled

voestalpine AG response to the German Cartel Office's rail cartel announcement issued yesterday.

July 24, 2013

Austria: Increased Demand in Romanian Exports

For the first time, Austria has imported goods from Romania exceeding the amount of € 1bn. Metals and machines are on top of the list of imported Austrian goods in Romania.

July 24, 2013

Austrian GDP Growth Above European Average

In 2012, Austria saw a growth of GDP of 0.9 percent which is signifantly above the European average.

July 12, 2013

Wienerberger‘s Brick Division Behind Expectations

Brick manufacturer Wienerberger informed investors about a rebound of the company’s biggest division: Business in Europe is considerably behind expectations.

July 12, 2013

Construction of voestalpine plant in US by Siemens and Midrex

voestalpine entrusts construction of the direct reduction plant in Texas to Siemens and Midrex.

July 5, 2013

Mitterlehner: Romania Offers New Chances for Austrian Economy

Austrian Economy Minister Reinhold Mitterlehner met his Romanian counterpart Varujan Vosganian in Vienna.

June 25, 2013

Eder Appeals for Reindustrialization in Europe

In an interview with Austrian daily „Kurier“, Wolfgang Eder, CEO of Austrian steel producer voestalpine talks about the future of the European steel industry and the differences to the US energy policy.

June 20, 2013

Siemens VAI Lands Major Contract in China

Tangshan orders cold rolling complex from Siemens.

June 18, 2013

Bankruptcy Case Mayr-Melnhof in Switzerland

In Domat/Ems, Switzerland’s biggest sawmill was supposed to be operated. The only thing left now, however, is a financial hole running in the millions. Erste Group is concerned by losses as well.

June 17, 2013

Slovenia: Mercator to be Finally Sold

It is the ninth sale attempt for Slovenian trade chain Mercator today, but it could be finally sealed. Croatian corporation Agrokor is the interested party. A dozen owners will decide about the retail chain’s fate.

June 14, 2013

Bulgaria: Sofia One Of Best European Destination for Manufacturing

The Bulgarian capital Sofia was labeled as one of the best destinations for opening a manufacturing plant in Europe.

June 13, 2013

AMAG to Provide Aluminium for Airbus

Listed aluminium manufacturer AMAG received a major order by defence and aerospace company EADS.

June 13, 2013

EU Commission to Support Steel Industry

EU Commissioner for Industry Antonio Tajani has presented the annouced steel action plan.

June 12, 2013

Agrana to Open New Wheat Starch Plant

Agrana opens wheat starch plant at site in Pischelsdorf | Lower Austria

June 12, 2013

Marihart President of CEFS

CEO Johann Marihart elected President of the European Association of Sugar Producers (CEFS) for a further three years.

June 12, 2013

Mayer-Melnhof Expands to Norway

MM Karton expands raw material supply for cartonboard production.

June 11, 2013

Major Contract for Andritz in Switzerland

Andritz to modernize Innertkirchen 1 and Handeck 2 hydropower stations, Switzerland

June 11, 2013

Siemens VAI to Modernize Ukrainian Steel Plant

The signing of a major contract in Ukraine for Upper-Austrian industrial plant construction company Siemens VAI is in its final steps.

June 10, 2013

Zagreb: In-depth Analysis of SEE Infrastructure Development Plans

Many countries of Southeast Europe are outlining ambitious infrastructure development plans within transport, social, energy and environmental projects.

June 1, 2013

Voestalpine Intends to Boost Business in Germany

The Upper-Austrian steel manufacturer voestalpine wants to significantly increase its business in Germany.

May 23, 2013

Red Bull: Austria’s Most Valuable Brand

According to the brand ranking “Brandz” by Millward Brown, Apple leads the way. Red Bull comes at 83rd rank before Pepsi and Nescafe.

May 21, 2013

Voestalpine Hopes for Participation in South Stream Project

CEO Eder announced the Austrian Steel Manufacturer was leading “intensive” talks with Russian energy company Gazprom.

May 16, 2013

Austria: EU Competition Authority to Search Agrana

The European competition authority has paid a visit to listed starch and sugar producer Agrana in April.

May 15, 2013

Austria: Pipelife Strengthens Wienerberger Q1 Results

Long, snowy winter leads to volume declines for Bricks & Tiles Europe. Report First Quarter 2013

May 8, 2013

CESEE: Business Climate Index Dropped in April

Enterprises in CESEE countries remain cautious for the most part.

May 2, 2013

RHI: US Proceedings Completed

Chapter 11 proceedings of the US companies deconsolidated in 2001 completed

May 2, 2013

Voestalpine: Compensations for Deutsche Bahn

Deutsche Bahn (DB) is to receive compensations by Austrian steel manufacturer voestalpine.

April 29, 2013

US: Most Important Export Market for Austrian Wine

The United States have replaced Germany as the most important export market for Austrian wine.

April 25, 2013

Slovakia: R&D Spendings Low But Increasing

Compared with other countries, Slovakia’s R&D spendings are little but slowly and steadily they are increasing. Among the countries with the highest growth rates of R&D spendings, Slovakia ranks 5th.

April 22, 2013

Hungary: Lopatka Presses For Legal Security for Austrian Enterprises

State Secretary Reinhold Lopatka met with Hungarian State Secretary for European Affairs Gergely Pröhle in Budapest toda to urge for legal security for Austrian enterprises in the neighboring country.

April 19, 2013

„Unlawful“ Farming in Hungary

The estimated 200 Austrians, who are engaged in agriculture in Hungary, are apparently not highly esteemed by Hungarian Prime Minister Viktor Orban.

April 16, 2013

Bulgaria: New Coca-Cola Headquarters in Sofia

The world’s largest soft drink producer Coca-Cola is to relocate one of its competence centers from Belgium to Bulgaria.

April 15, 2013

Czech Republic: 5.7 % Decrease of Industrial Production.

In February 2013, industrial production decreased at constant prices by 5.7%, year-on-year; working day adjusted decreased by 1.6%. Compared to the previous month, seasonally adjusted industrial production was higher by 1.6%.

April 9, 2013

Fitch: Poland Best Placed For Economic Recovery

In a statement regarding a report on the need of structural reforms in the CESEE region, rating agency Fitch awarded Poland the best position for an economic recovery among five countries.

April 9, 2013

Czech Republic: Exports and Imports Decreased Considerably

In February 2013, according to preliminary data of ‘cross−border statistics’, exports and imports at current prices fell by 3.6% and 4.4%, year-on-year (y−o−y), respectively.

April 9, 2013