Sponsored Content
Vienna International Construction Industry News
Read the latest headlines about developments in the international construction industry in Vienna and Austria
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
Czech Construction Industry Affected by Recession
In September 2012 the construction output decreased by 10.6%, year-on-year (y-o-y), in real terms.
November 6, 2012
Hungary: Decrease in Home Construction
In the first nine months of 2012, 6509 new dwellings were built, 20 percent fewer than a year ago.
November 5, 2012
Positive Signs in Construction Industry
Output of construction of buildings and civil engineering increased by 6.6% from January until July 2012. Turnover was up by 7.0%.
October 30, 2012
FCC Considers Downsizing Alpine
The financially stricken Austrian construction company may sell several business units. A sale of Alpine seems unlikely.
October 20, 2012