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Vienna International Company News
Read the latest headlines about developments in international organizations, companies and institutions operating in Vienna, Austria
C-Quadrat Investment AG Reports Q1-3/2010 Results
The fund management company records increasing income as well as rising profits.
November 15, 2010
Vienna Stock Exchange: Winners and Losers (2010-11-12)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
November 12, 2010
Fabasoft Announces Figures for the First Half of 2010
Fabasoft AG announces preliminary Group figures for the first half of the fiscal year 2010/2011. Slight losses are expected.
November 12, 2010
AE&E: New Details on Negotiations
Negotiations over the troubled A-Tec's subsidiary AE&E continue, but they get an unexpected sideshow.
November 12, 2010
S&T Denies Bankruptcy Petition
The Vienna Stock Exchange listed IT company provides S&T is facing widespread allegations. It has been rumored that the company is faced with a bankruptcy petition.
November 12, 2010
Wind Energy: Vendors Pressed for Time
Promotion for Austrian wind energy expires in 2012. The industry has only recently been able to set up new facilities.
November 12, 2010
BWT Announces its Results for Q3
BWT records a strong growth in revenues and EBITDA. However, net results fell by 10%.
November 12, 2010
Mobile Telephony: Growth and Continous Upward Trend
The use of mobile phones and telecommunications industry services continues to increase strongly in Austria.
November 12, 2010
Ottakringer Expands
After restructuring, the Vienna beer and mineral water producer plans to grow through acquisitions.
November 12, 2010
Porr Group: Slight Decline in Sales, Cautious Positive Outlook
The Porr Group’s development against the background of the economic crisis is relatively stable. The CEE region is still below expectations.
November 12, 2010
Immofinanz Expands into the Czech Republic and Slovakia
Immofinanz established a new retail concept: STOP.SHOP. has grown in both importance and size in recent years. The Czech Republic and Slovakia are the most important countries.
November 11, 2010
Erste Group: Job Reduction in Hungary
The Austrian bank plans to cut 250 jobs in Hungary. Reasons are the bad loans and the introduction of the bank tax.
November 11, 2010
Carinthia: Industry Faces Stagnation
Despite recent positive economic data, Carinthian industrial firms are less confident. For the coming year, a stagnation in production and in profits is expected.
November 11, 2010
Linz AG: Pause After Investment Offensive
The municipal company recorded extraordinary high capital expenses in 2009. The next projects are still in the planning phase.
November 11, 2010
Telekom Srbija: Sale is Resisted
The partially for sale Telekom Srbija which Telekom Austria is said to be interested in, raises passions in Serbia. Opposition to the sale is taking shape.
November 11, 2010
Basel III: Banks Expect Lower Profits
Private banks will have to adjust to lower profits because of Basel III regulations..
November 11, 2010
Pankl Announces Results for 2009/10
The Styrian company Pankl Racing Systems AG presented its preliminary results for the 12-Month period in fiscal year 2009/10. Revenues grew by 20.5 percent in Q4.
November 11, 2010
Manner: Slight Decline in Sales and Profits
Sales of the Viennese confectionery manufacturer are 1.4% lower that those of the previous year. Continued high prices of raw materials put pressure on the results.
November 11, 2010
Strabag: Major Contract in Romania for 220 Million Euro
A consortium led by Austria's Strabag has won a contract to build a Romanian motorway for 220.6 million euro.
November 11, 2010
Frauenthal Announces Results for Third Quarter of 2010
The process of consolidation at the Frauenthal Group continued according to schedule in the third quarter: revenues increased by 17.8%.
November 11, 2010
Vienna International Airport: Strong Increase in Passengers
Vienna International Airport: Plus 11.4% in passengers during October 2010. Forecast for 2010: +9.0 % in passengers.
November 11, 2010
Palfinger: Upward Trend in the First Three Quarters 2010
Market recovery and savings measures allowed for above-average increase in earnings. Revenue grew by 19.9 percent to € 464.9m
November 11, 2010
Vienna Stock Exchange: Winners and Losers (2010-11-10)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
November 10, 2010
Strabag SE With Optimistic Outlook for 2011 and 2012
The building company expects its output volume in 2011 to amount to € 13.5bn, the EBIT in 2011 is estimated to account for € 295m.
November 10, 2010
UniCredit CEO Ghizzoni: Counting on eastern growth
The eastern business should be expanded, says Ghizzoni, CEO of the parent company of Bank Austria.
November 10, 2010
Construction Costs: Continuous Upward Trend
Just as previously, construction prices continue rising in Austria. There is no end in sight for the upwards trend.
November 10, 2010
Bank Austria: Results for the First Nine Months of 2010
Bank Austria experienced a significant drop in profits as well as operating results. However, the third quarter of 2010 showed an outstanding performance.
November 10, 2010
Results of Telekom Austria Group for the First Nine Months
Group revenues declined by 3.9% to € 3,480.1m, operating income increased dramatically.
November 10, 2010
voestalpine: Major project shelved in Styria
voestalpine’s project was to build an ore pellet plant at the Styrian town of Eisenerz. The project is not being talked about anymore.
November 10, 2010
Verbund: Further Expansion in Turkey
The power company intends to increase its presence in the rapidly growing Turkish market. But above all, investments will be made in Austria.
November 10, 2010
OMV Announces Results of January – September 2010
Austria´s biggest company posts a strong operating performance compared to previous year.
November 10, 2010
Vienna Stock Exchange: Winners and Losers (2010-11-09)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
November 9, 2010
Traffic Result of AUA for October: Significant Passenger Growth
Austrian Airlines transported 16.5 percent more passengers in scheduled service than in same month last year. Load factor in October rises to 81 percent.
November 9, 2010
Immofinanz Starts Share Repurchase Program
Immofinanz buys back shares to refinance its convertible bonds. The program´s volume is estimated to € 137m.
November 9, 2010
Intercell AG: Losses Doubled, Positive Outlook
Today, Vienna-based Intercell AG announced its financial results for the third quarter of 2010 and presented changes to the Management Board.
November 9, 2010
Fast Growth in Temporary Employment
The demand for temporary workers has increased strongly on the Austrian labor market strong, reaching almost the level before the economic crisis.
November 9, 2010
Kapsch CarrierCom Gets Major Contract for GSM-R Project in Spain
Kapsch was commissioned by the Spanish railway authority Adif with the implementation of a GSM-R network.
November 9, 2010
Heinzel Group: Unrestricted Expansion
This year, the Austrian paper group expects a turnover of 650 million euro; in 2011 the billion mark will be exceeded.
November 9, 2010
Vienna Insurance Group: Robust Rise in Earnings and Profits
Vienna Insurance Group experienced a rise in profits by 10,9 percent. Premiums increased by 7,1 percent to € 6.5 bn.
November 9, 2010
Post Partners: The Concept Establishes Itself
The concept developed by the Wirtschaftskammer and the Post is more successful than expected. In total it should come to 2,000 branches.
November 9, 2010
Nabucco: First Deliveries Before Year-End
While sharp criticism of the pipeline project is heard again from Moscow, there is optimism at Nabucco.
November 9, 2010
Vienna Stock Exchange: Winners and Losers (2010-11-08)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
November 8, 2010
DO & CO: Capital Increase by 25 Percent
DO & CO has decided to carry out a capital increase of 25 %.Maximum subscription and offer price amounts to EUR 21.90.
November 8, 2010
Windtec: World Market Leader In Only 5 Years
The Carinthian developer of wind turbines has catapulted in just five years to the the position of global market leader.
November 8, 2010
A-Tec: No Agreement Yet
According to the boss of the Kreditorenschutzverbandes (KSV, Creditor Protection Association), Hans-Georg Kantner, there will still be no solution on today Monday. Negotiations are still underway.
November 8, 2010
Metal Workers: Up to 3% Wage Increase
Workers in the metal industry receive a strong wage increase. The minimum wage rises by 2.5%.
November 8, 2010
Raiffeisen CEO Stepic: CEE Continues Being Europe’s Growth Driver
The boss of Raiffeisen Bank International Bank (RBI), Herbert Stepic, sees the CEE region continuing as long-term growth driver for Europe.
November 8, 2010
Umweltdachverband: Electricity Industry Power Plant List is Utopian!
Energy projects are unrealistic, alternatives have been ignored and the environment is neglected completely, according to the accusations.
November 8, 2010
Bank Boss Confirms: Bank Tax will be Passed on to Customers
Massive criticism of the federal government is also coming now from the boss of Raiffeisen Zentralbank (RZB). Bank customers will have to bear both the bank tax and the securities tax.
November 8, 2010
Andritz: Favorable Development in the First Three Quarters
Technology Group ANDRITZ showed a favorable business development in the first three quarters of 2010. Sales, earnings and profitability rose substantially.
November 8, 2010
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