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Vienna International Construction Industry News
Read the latest headlines about developments in the international construction industry in Vienna and Austria
Porr´s Construction Output Shrinks
The third-largest Austrian construction group records an increase in orders. Porr´s CEO Karl-Heinz Strauss is satisfied.
October 18, 2012
Alpine: CEO Dotter Resigns
The management of the financially stricken Austrian construction group reshuffles. The holding company FCC decided to change the management.
October 17, 2012 · Updated: October 17, 2012; 19:15
Alpine Confirms „Substantial Losses“
The Austrian construction company is in severe difficulties. The management demonstrates optimism.
October 15, 2012
Hungarian Construction Industry Shrinks
In August 2012, construction decreased by 5.3% in output year-on-year. The construction of buildings decreased by one tenth, while that of civil engineering works grew slightly.
October 15, 2012
Slovakia: Employment and Nominal Wages Growing
The highest wage increase was observed in the manufacturing and automotive industries. Employment was down in the construction sector and grew in the service sector.
October 12, 2012
Alpine Needs Help from Banks
The Austrian construction company faces liquidity constraints. Talks with banks were started already.
October 11, 2012
Good Outlook for Austrian Construction Industry
Positive production trends in industry and construction in June 2012; turnover +7.9%. Output was up by 4.8% in the first six months of 2012. Orders grew substantially.
September 28, 2012
Strabag: Major Order in Slovenia
The Austrian construction company will build Europe’s most modern waste treatment plant in Ljubljana. The contract value amounts to € 112m.
September 27, 2012
Slight Decrease in Industrial Production in Hungary
In July, the industrial production was down by 0.3% compared to July 2011. In Austria, industrial production was up by 2.0%.
September 24, 2012
Slovenian Construction Industry Reaches New Low
Since 2008, Slovenia´s construction output decreased by 66%. This year, the construction industry will shrink again.
September 13, 2012
Slovakia: Declining Construction Production in July 2012
In July, the Slovakian construction output decreased, year-on-year, by 11,2 % to € 459,9m.
September 11, 2012
Alpine Completes First Singapore Subway Tunnel
The Austrian construction company is building six subway tunnels and three subway stations for the Singapore Downtown Line.
September 10, 2012
Strabag´s Free Float at 14%
Due to share-buy backs, the free float of the Austrian construction company went down to 14%.
September 4, 2012
Strabag: Major Contract in Hamburg, Germany
STRABAG Real Estate and Otto Wulff awarded contract for Hamburg’s € 700m college project.
September 4, 2012
Porr Reduces Losses
Revenues fell by 7.4%, the EBT figure is still negative. The Austrian construction group sees a clear commitment to its home markets.
September 1, 2012
Remarkable Loss at Strabag
In the first six months of 2012, Strabag´s output volume slightly (-2 %) lower than in the six-month comparison period. Non-operating effects push six-month EBITDA down from € 197.18m to € 16.14m. Net income reached € -157m.
August 31, 2012
Austrian Construction Industry: Growing Output, Shrinking Order Volume
Increase in volume of orders by 22.5% in civil engineering and construction of buildings at the end of May 2012.
August 30, 2012
Strabag: CEO Haselsteiner Is Said to Consider Delisting
The Austrian construction group Strabag may withdraw from Vienna Stock Exchange. “We do not need the stock exchange now.” He says in an interview with “Wirtschaftsblatt”.
August 27, 2012
Austrian companies profiting from the Olympics
The London Olympics were responsible for prestigious and lucrative orders running into double-digit millions in the run-up to the games.
August 14, 2012
Porr Achieves Order in Qatar
The Austrian construction company was awarded for a subway construction project in Doha.
August 13, 2012
Austrian Construction Industry Slackens
This year, unemployment in the Austrian construction industry is relatively high. The order situation is everything but favorable.
August 7, 2012
Alpine Cuts Losses Substantially
New ALPINE 2015 program for margin optimization is showing initial results. Increase in EBIT, EBT and revenue from construction services. The losses in Southeastern Europe should be compensated by the focus on Alpine´s core markets.
August 2, 2012
Strabag to Expand into Italy
The Austrian construction group intends to enter the Italian construction company „Autostrade Pedemontana“.
July 31, 2012
Still Upward Trend in Austrian Construction Industry
Increase in volume of orders by 21.8% in civil engineering and construction of buildings at the end of April 2012. Output increased by 7.4% from January until April 2012.
July 30, 2012
Croatian Bridge Construction Project: Strabag Withdraws
The biggest Austrian construction group withdraws from the € 20m contract.
July 27, 2012
Strabag Announces Profit Warning
For the Austrian construction company, the EBIT of EUR 300m will not be achievable.
July 25, 2012
Growth in Austrian Construction Industry Slowed Again
Production growth to fall from 4.8 per cent in 2011 to a maximum annual average of 3 per cent in 2012, bringing output value to € 30bn. New residential construction with an increase of roughly 6 per cent for the year.
July 24, 2012
Botlek Lift Bridge: Major Order for Waagner-Biro
Waagner-Biro Bridge Systems AG has received de order for the drive system of "Botlek lift bridge" with a value of € 30m and has firmly established itself against well-known international competitors.
July 17, 2012
CEO Strauss Buys 38% of Porr´s Shares
Strauss-Group acquires equity stake of the B&C-Gruppe and of the UniCredit Bank Austria AG on the Austrian construction company.
July 16, 2012
New Supervisory Board at Alpine
Baldomero Falcones assumes the function of Chairman of the Supervisory Board at the Austrian construction company Alpine.
July 13, 2012
Agrana Posts Strong Results
The Austrian sugar and starch company announced its results for first quarter of 2012|13 (ended 31 May 2012): sound business performance is sustained in first three months.
July 12, 2012
Poland: Alpine Excluded from Tendering Procedure
After a dispute with Polish authorities, the Austrian construction company Alpine has been excluded from the tendering procedure of the national highway S8.
July 10, 2012
Major Order for Strabag in Chile
The Austrian construction company was awarded for a tunnelling contract at world’s largest copper mine in Chile.
July 10, 2012
Alpine Strengthens Domestic Market Austria
The second-biggest Austrian construction group changes ist management for the biggest market. The new corporate strategy should be implemented now.
July 6, 2012
Massive Austerity Cuts at Porr
The third-biggest Austrian construction company examines its cost structure. First effects should be visible still in 2012.
July 2, 2012
Alpine Establishes Joint Venture with German RGM
Alpine establishes the AFM - Austrian Facility Management joint venture with Germany's RGM.
June 23, 2012
Strabag SE Announces Changes to the Management Board
Fritz Oberlerchner to resign from the management board effective 30 June 2012 and to be appointed director of Strabag 2013ff task force. Thomas Birtel designated as CEO as of June 2014.
June 22, 2012
Third Major Contract in Romania for Alpine
The Romanian railway line between Vintu des Jos and Simeria to be rehabilitated for € 295m by the Austrian construction company.
June 21, 2012
Alpine: „Not Affected by Spanish Crisis“
The Austrian construction company, which is wholly-owned by Spanish FCC, does not worry about the tensioned situation in Spain.
June 13, 2012
Strabag: New Contract in Moldova
€ 35m contract for the rehabilitation of 48 km between Ghindesti and Drochia. Strabag is operating in Moldova since the beginning of 2012.
June 11, 2012
B&C Industrieholding to Sell Major Stake in Porr
The Bank Austria-owned B&C Industrieholding is said to sell ist 37% stake in the Austrian construction group. CEO Karl-Heinz Strauss may be a potential buyer.
June 5, 2012
Employment Benefits from High Growth Dynamics
The encouraging growth trends provided a very welcome boost to employment in the Austrian federal provinces. The construction industry stabilises.
June 5, 2012
Alpine: Major Contract in Norway
The Austrian construction company gained another contract in Norway. The contract value amounts to € 170m.
May 31, 2012
Strabag´s Loss Widened in First Quarter
The Austrian construction company announces a new record high for order backlog of € 15.7bn. The outlook for 2012 was confirmed.
May 31, 2012
Positive Trend in Austrian Industrial and Construction Sector
In February 2012; turnover in the industrial and construction sector was up by 11.8%. Construction output grew by 10.4%.
May 30, 2012
Alpine Lands Another Railway Project in Romania
Alpine, the Austrian construction company, landed another major contract for a railroad project in Romania. The project volume is € 218m.
May 25, 2012
Austrian Enterprises Participate in Reconstruction in Libya
AWO Austria initiated a market sounding journey to Tripoli. “Enterprises must be at the face before the rush begins.”
May 22, 2012
Austrian Demand for New Buildings Declines
Due to the weaker economic growth and the austerity policies, demand for new buildings is decreasing.
May 12, 2012
Croatian Subsidiary of Alpine Said to be Insolvent
Osijek Koteks, the Croatian subsidiary of the Austrian construction group faces severe problems. According to rumors, Osijek Kotekts is illiquid.
May 8, 2012
Alpine Launches New Corporate Strategy
The Austrian construction company underlines its commitment to the energy sector. Profitability should be enhanced, CEO Dotter emphasized.
May 7, 2012
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