Read the latest headlines about developments in the international construction industry in Vienna and Austria
Page 4/11

Vienna International Construction Industry News

Slovak Unemployment Rate on the Rise

In January, compared with January 2012, the employment decreased in five surveyed sectors.

March 14, 2013

Romania: Construction Output Goes Down

Volume of construction works, series adjusted with the working days number and seasonality, registered a decrease of 2.3% in January 2013, compared to December 2012.

March 13, 2013

Slovakia: Construction Output Declined by 14.1 %

In January 2013, construction output decreased, year-on-year, by 14,1 % to EUR 206,9 million. After seasonal adjustment, it decreased by 3,3 %, compared with December 2012.

March 12, 2013

Austria: RHI Faces Downsizing

RHI, the Austrian manufacturing company of fireproof equipment for steel and cement factories, needs to economize and is considering closing down in Europe.

March 9, 2013

Lithuania: Investment in Tangible Fixed Assets and Construction 2012 Grew Slightly

Statistics Lithuania presents a statistical publication Investment in Tangible Fixed Assets and Construction, which provides statistical information for the year 2012 prepared based on quarterly statistical survey data.

March 6, 2013

Austria: New CEO for Alpine

The construction company was saved from bankrupcy and is now looking for a new CEO

March 5, 2013

Austria: Alpine Turns Out a Big Burden For FCC

The construction company has avoided bankrupcy and is save – for the time being.

March 5, 2013

Hungary: Percentage of Foreign Direct Investments in Decline

Foreign Direct Investments in 2012 was 5.2 % less than in 2011. According to the statistical central office in Hungary (KSH), the drop in the last quarter showed even -7.9 %. Massive declines in almost all sectors.

March 4, 2013

Austrian Construction Group Alpine Rescued

For the time being, Alpine´s bankruptcy could be prevented. The creditors agreed on a partial waiver.

March 4, 2013

Alpine: Austrian Ministry of Finance Rejects Waiver

Although the banks reached an agreement, the restructuring of the Austrian construction group may collapse.

March 1, 2013

Romania: Moderate Growth in Manufacturing and Construction Industry

Trends in the evolution of economic activity during: February - April 2013.

March 1, 2013

Alpine: Future Still Highly Uncertain

Today, Alpine´s creditors decide whether the financially stricken construction company will be restructured.

February 28, 2013

Alpine: Major Contract in Czech Republic

Alpine to rehabilitate the Czech D1 Motorway. Final award of contract to the Alpine/OHL ZS consortium upon expiration of statutory period for filing objections.

February 26, 2013

Austria: Final Talks about the Future of Alpine

Everything revolves around the debt cut and the Future of Construction Company.

February 25, 2013

Czech Republic: Trends in 2012

Export and Import Price Indices and Price Indices for International Transport

February 25, 2013

Strabag to Return to Libya

Because of the war in 2011, the Austrian construction group withdrew from Libya. In total, 1,500 workers were employed in Libya.

February 23, 2013

Porr Achieves Turnaround

The Austrian construction group could generate a stable output. The order stock has reached a new record high.

February 23, 2013

Hungary: Sharp Decline in Dwelling Construction

In 2012, 10560 new dwellings were built, 17 percent fewer than in the previous year. The number of dwelling construction permits was 10600, a 15 percent decline compared to the data of 2011.

February 22, 2013

Strabag and Rio Tinto Enter into Exclusive Partnership

Cooperation between the Austrian construction group and the Australian mining group in research & development. Two phases: field trials and exclusivity period-

February 22, 2013

Construction Industry: Polish Output Fell Sharply

In the EU, the construction output was down by 2.7%. Poland and Bulgaria record a substantial decrease in production.

February 19, 2013

Hungary´s Construction Output Falls by 6%

Year-on-year, construction output decreased by 5.9% in 2012 and by 3.1% in December. Over the whole year, both the construction of buildings (7.6%) and civil engineering works (4.0%) decreased.

February 15, 2013

Strong Growth in Lativan Construction Industry

Data of the Central Statistical Bureau show that, in comparison with 2011, construction output in 2012 has grown by 14.8%. Of which construction of buildings increased by 14.7% and of civil engineering structures – by 16.2%.

February 15, 2013

Strabag: Results in 2012 Below Initial Targets

The Austrian construction group records a slightly shrinking output volume. The order backlog was down by 1%.

February 13, 2013

Bulgaria: Trade and Industrial Sectors Shrink

In November industrial production contracted at the same rate as in October (1.8%). The volume of output of manufacturing remained unchanged on an annual basis. The real-terms decline of domestic trade accelerated to 7.4% yoy.

February 11, 2013

Slovak Construction Fell Massively

In December 2012, construction output decreased, year-on-year, by 16,5 % to EUR 416,9 million. After seasonal adjustment, it was higher by 0,7 % compared with November 2012.

February 8, 2013

Czech Construction Industry Shrinks Substantially

Construction output down by 6.5% in 2012. In December 2012 the construction output declined by 17.3%, year-on-year (y-o-y).

February 6, 2013

Alpine: Creditors Face Haircut

The financially stricken Austrian construction company wants its creditors to contribute to the restructuring.

February 2, 2013

Deripaska Increases Stake in Strabag

The Russian industrialist Oleg Deripaska buys 0.6% of Strabag shares. In total, he holds a stake of 18.2%.

January 18, 2013

Construction Output: Sharp Decrease in Slovenia and Slovakia

In the Euro area, the production in construction was down by 0.4%.

January 17, 2013

Hungary: Construction Output Decreases

In November 2012, construction output was down by 11.7% on the high base a year ago.

January 17, 2013

STRABAG Postpones Investments in Offshore Wind

Investments of several hundred million euros shelved. Strabag refers to the “uncertain legal situation in German offshore wind sector”.

January 15, 2013

Slovakia: Construction Production Decreases Sharply

In November 2012, construction output decreased, year-on-year, by 13,4 % to EUR 479 million. After seasonal adjustment, it was lower by 0,4 % compared with October 2012.

January 11, 2013

Czech Construction Output on the Fall

In November 2012 the construction output fell by 2.7%, year-on-year (y-o-y), in real terms.

January 7, 2013

CESEE: Construction Industry Shrinks Further

The European research institute Euroconstruct expects a negative development for the construction industry in the CESEE region.

January 5, 2013

Alpine: New Management Under Pressure

The Austrian construction company fights for survival. At the beginning of January, the management has to present a restructuring package.

December 29, 2012

Austrian Construction Industry Grows

Output of construction of buildings and civil engineering increased by 6.6% from January until September 2012. The order volume was up by 3.4%.

December 28, 2012

Alpine to Cut a Third of its Workforce

The Austrian financially stricken construction company has to implement radical restructuring measures.

December 21, 2012

Strabag SE Strengthens its Financial Position: € 400m Cash Credit Line

The publicly listed European construction company STRABAG SE has arranged a revolving syndicated cash credit line in the amount of € 400m with a consortium of banks.

December 21, 2012

Decreasing Production Output in Slovenia and Slovakia

October 2012 compared with September 2012: Euro area production in construction down by 1.6%.

December 19, 2012

Hungary: Construction Output Increased by 1.4%

In October 2012, construction increased by 1.4% in output year-on-year. Within this, the construction of buildings decreased by 0.3% and that of civil engineering works grew by 2.7%.

December 17, 2012

Strabag SE Appoints Christian Harder as CFO

Managing Director of STRABAG SE subsidiary BRVZ to join management board of STRABAG SE effective 1 January 2013. Appointment of Thomas Birtel as Deputy CEO.

December 17, 2012

Slovak Construction Shows Strong Growth

In October, construction output decreased, year-on-year, by 11 % to EUR 484 million. After seasonal adjustment, it increased by 1 % compared with September 2012.

December 10, 2012

Czech Construction Output Decreases

In October 2012 the construction output decreased by 4.3%, year-on-year (y-o-y), in real terms. Even a higher number of working days has not stopped the decline in construction output.

December 10, 2012

Austrian Industrial Sector Expands

Positive production trends in industry and construction in August 2012; turnover +3.9%. Output of construction of buildings and civil engineering increased by 6.3% from January until August 2012.

November 30, 2012

Strabag: Losses Ahead

Next Friday, the Austrian construction group presents its results for the first nine months of 2012.

November 28, 2012

Porr: Renaissance Group to Enlarge its Interest

The Turkish Renaissance Group owns a 10% interest in Porr and wants to reach a blocking minority at the Austrian construction company.

November 23, 2012

Porr: Shareholder Structure to Change

The Austrian construction company plans to increase its free float. CEO Karl-Heinz Strauss has made his compulsory offer.

November 22, 2012

Hungarian Construction Industry Performs Well

In September 2012, construction increased by 6.8% in output year-on-year. The construction of buildings rose by 4.2% and that of civil engineering works grew by 9.4%.

November 20, 2012

Alpine: Funding is Secured

The financially stricken construction company has reached an agreement with its creditors.

November 10, 2012

Strabag: Major Order in Chile

Strabag awarded large-scale contract for Alto Maipo Hydropower Plant in Chile. Contract value of USD 490m. Design and construction time of four and a half years.

November 9, 2012