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Vienna International Company News
Read the latest headlines about developments in international organizations, companies and institutions operating in Vienna, Austria
Verbund Supervisory Board Appoints Members of the Board
The Austrian energy company appoints Günther Rabensteiner as a new board member. Baumgartner-Gabitzer’s Term renewed.
March 11, 2011
Škoda Increases Efficiency with S&T
The Austrian software company concluded a new IT-system for the Czech car manufacturer.
March 11, 2011
Passengers Still Rising at VIA
Vienna International Airport: Plus 5.1% in passengers during February 2011
March 11, 2011
Viennese Stock Exchange Cooperates with Serbian Stock Exchange
The Vienna Stock Exchange welcomes Belgrade Stock Exchange as a new member of the data alliance.
March 11, 2011
Schoeller-Bleckmann Records Steep Rise in Profits
Schoeller-Bleckmann Oilfield Equipment AG: Substantial profit improvement in fiscal 2010 – Dividend proposal € 1.00 after € 0.50
March 11, 2011
Ruttenstorfer: "OMV Stays in Libya '
Despite unpredictable developments, Austrian OMV stays in Libya. Neither are there any changes planned in other Arab countries.
March 10, 2011
Verbund: Research Alliance with Technology University
The power group intends to expand its know-how in the field of environmental technology through cooperation with the Technical University of Vienna (TU).
March 10, 2011
AMAG: First IPO since 2007
After more than three yeas, a new company will be listed on the Vienna Stock Exchange: the aluminum company AMAG.
March 10, 2011
Significant Rise in Earnings for CA Immo
The Austrian real estate group benefits from the clearly improving business climate, especially regarding the investment market for real estate.
March 10, 2011
New Plant for Agrana
The Austrian sugar and starch company builds a wheat starch plant - investment volume € 56m.
March 10, 2011
Moderate Rise in Turnover for Austrian Service Industry
Austrian service enterprises have overcome the economic crisis: Turnover increase of 3.3% in 2010, employment activities booming
March 10, 2011
Banks: No Agreement on Salary Negotiations
No agreement has been reached either in the fourth round of collective negotiations for bank employees. The situation is worsening.
March 9, 2011
Gastronomy Rejects New Beverage Tax
Austria's restaurateurs and brewers fear an "attack on tourism and restaurant culture."
March 9, 2011
Capital Increase for Lenzing AG
Lenzing and B & C announce plans for Public Offering of Lenzing shares. € 75m are to be raised.
March 9, 2011
Borealis Invests in Linz
The Austrian-Arab plastics manufacturer builds a new plant for € 75m at the Upper Austrian location.
March 9, 2011
Immofinanz: New Tenants for Romanian Procect
The Austrian real estate group wins attractive international brands as tenants of its Romanian Maritimo Shopping Center in Constanta.
March 9, 2011
Lenzing AG: 2010 Figures Confirmed
The management of the Austrian Fiber Manufacturer proposes dividend of € 1.55 per share for 2010.
March 9, 2011
RHI: Rise in EBIT by 130%
The Austrian manufacturer of refractory products announced its preleminary results for 2010. Revenues increased by 23%. Operating result margin climbs from 6.4% to 9.1%.
March 9, 2011
Andritz: Favorable Business Development in 2010
The Austrian technology Group Andritz showed favorable business development in the 2010 business year. Sales rose by 11.1%, order intake increased by 23.4%
March 9, 2011
Austria's Construction Industry Expects Stagnation
In an interview with the newspaper "WirtschaftsBlatt", the CEO of the Porr construction company, Karl-Heinz Strauss, describes his prospects for the local construction industry.
March 8, 2011
OMV Continues Receiving Oil Deliveries from Libya
The Austrian oil and gas company is able to obtain deliveries from Libya in spite of the serious political crisis. Production is however limited.
March 8, 2011
Major Order from China for Emco
The A-Tec's subsidiary Emco has receaved an order from China for € 7m.
March 8, 2011
Zumtobel: New Light Center in Dubai
The lighting company based in Vorarlberg, Austria, is multiplying its competences in the Middle East. The Dubai Light Center aims to present realistic solutions for professional interior lighting.
March 8, 2011
ÖBB: Cargo Division as Loss-Maker
The continuing crisis of the Austrian Federal Railways (ÖBB) is due in large extent to the losses in freight traffic of Rail Cargo Austria (RCA).
March 8, 2011
Zumtobel: Earnings Doubled
The Austrian lighting company announced its results for the first nine months of 2010/11. EBIT rose by 66%.
March 8, 2011
Strabag: Takeover of Swiss Companies
Strabag becomes third-largest construction company in Switzerland with acquisition of Brunner Erben and Astrada. Output increases up to € 615m.
March 8, 2011
Signa Holding Invests More than € 1.00bn
The Austrian real estate holding company conducted by Rene Benko intends to put strong effort into further growth.
March 7, 2011
Telekom Srbija: Duel between Deutsche Telekom and Telekom Austria
In the selling process of the Serbian Telekom, the German and the Austrian telecom companies are seen as favourites.
March 7, 2011
Magna Europe in Euphoria
The Austrian-Canadian automotive supplier intends to increase car production significantly.
March 6, 2011
Stagnation in the Austrian Construction Industry
The economic outlook for the construction business continues being less favorable than for the overall economy. Only since 2012 is growth expected again.
March 5, 2011
Austrian Clearingbank Concludes Activities
The activities of the Oesterreichische Clearingbank, founded in 2008 to handle liquidity shortages at commercial banks end presently.
March 5, 2011
Decreasing Wine Production in Austria
According to Statistics Austria's wine harvest survey 2010, a wine production of 1 737 500 hl was achieved, produced on an area of 43 700 ha (-3% to 2009).
March 5, 2011
Belo Monte: Construction Ban is Lifted
The recently imposed construction ban on the Brazilian building project was lifted in court. The dam has not to fulfill all requirements yet.
March 5, 2011
Danone Reports € 63m of Sales
The French producer of dairy products realizes € 63m of sales in Austria. Danone intends to extend its product line with organic products.
March 5, 2011
Advertising Climate Index for Austria's Economy Shows Upward Trend
Advertising Climate Index: Economic Chamber and WIFO create the opportunity for more precise analysis of the Austrian advertising market situation.
March 5, 2011
AWD Austria Records Losses
The Swiss/German financial consulter could not manage the turnaround in 2010.
March 5, 2011
Wienerwald Grows Again
The restaurant chain is expected to start growing again after a long crisis. Investments worth € 20m are planned for the current year.
March 4, 2011
Allianz Austria’s Profits Jump
The result of the German insurance group in Austria was able to increase despite premiums falling by 2.9% to € 53.7m.
March 4, 2011
Increasing Profits for BKS
The Carinthian/Styrian regional bank could increase net earnings after taxes by 14.8%.
March 4, 2011
High Losses for ÖVAG-subsidiary
VBI, the subsidiary of foreign equity holding company of the Austrian Volksbanken-Group, realized losses in 2010 amounting to € 21.8m.
March 4, 2011
Immofinanz: Bookbuilding for the New Convertible Issue Starts
The Austrian real estate company Immofinanz AG announced its intention to issue new convertible bonds due 2018.
March 4, 2011
Sales Declining at Spar Hungary
The food trade chain records declining sales in Hungary - for the first time in its history.
March 4, 2011
Andritz: Possible Loss of the Belo Monte Project
The Brazilian government is fighting for the realization of the controversial Belo Monte project, whose approval has been blocked in court.
March 3, 2011
Slight Increase in Sales for Ottakringer
Yesterday, the Vienna beverage company Ottakringer Getränke AG announced preliminary figures for the financial year 2010.
March 3, 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
Volkswagen Acquires Automobile Trading Business of Porsche Holding Salzburg
Next major step towards the creation of the integrated automotive group of Volkswagen and Porsche
March 3, 2011
Verbund: Massive Decline in Results
As forecast, the Austrian energy company has presented a declining result for fiscal 2010. Operating results fell considerably.
March 3, 2011
Optimism in Austria's Creative Industries
Creatives wish to go new ways to support SMEs with creative services. The economic and technical network is to be intensified.
March 3, 2011
Tourism: Trend for High-Price Segment Continues
Austria's tourism industry shows itself satisfied with the current winter season. Guests come increasingly from Eastern Europe.
March 3, 2011
Binder+Co: Significant Rise in Sales and Profits
The Austrian engineering group Binder+Co was progressing well in 2010: sales revenues and EBIT above the level of last year, order intake up by 39%
March 3, 2011
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