Read the latest headlines about developments in the international construction industry in Vienna and Austria
Page 8/11

Vienna International Construction Industry News

Strong Growth in Industrial and Construction Turnover

Positive production trends in industry and construction in May 2011; total turnover up 18.7%. Automotive industry and engineering are dominant factors.

August 30, 2011

Slight Increase in Construction Output

Austrian output of construction of buildings and civil engineering increased by 1.9% in the period from January to May 2011. Volume of orders grew 7.9%.

August 30, 2011

Strabag Bores New Tunnel in Canada

The Austrian construction group won a € 200m contract for a wastewater tunnel in the Greater Toronto Area. It is a follow-up order after completion of tunneling below Niagara Falls.

August 29, 2011

Further Increase in Construction Cost

Construction cost continued to increase in July 2011: +2.1% against 2010, +0.1% compared to June 2011.

August 16, 2011

Strabag to Cooperate with German Engineering Company

The Austrian construction group entered into a co-operation in the field of power engineering. The agreement is expected to strengthen the group’s position in existing markets.

August 11, 2011

Construction Output Price Index Keeps Increasing

The index reached 103.2 points in the second quarter: +3.6% year-on-year, +0.5% against the first quarter.

August 10, 2011

Strabag Awarded Three Infrastructure Projects in Sweden and Finland

The Austrian construction group’s Swedish subsidiary has won the contracts for two projects in Sweden and one in Finland with a total volume of € 76m.

August 9, 2011

Green Light for Strabag’s Cooperation with Lafarge

The Austrian construction company has wrapped up the acquisition of a 30% stake in the joint venture with the French building material supplier.

August 5, 2011

Porr Wins Major Order in Germany

The Austrian construction company will build two tunnels as part of the Stuttgart 21 project. Total volume of the order is € 700m.

August 2, 2011

Austrian Industrial and Construction Turnover Up by 10.9%

Opposing production trends in industry and construction in April 2011; turnover increased by 10.9%. Energy and metal industry are dominant factors.

July 29, 2011

Construction Output Down by 3.4%

Austrian output of construction of buildings and civil engineering decreased by 3.4% from January until April 2011. Volume of orders increased by 8.1%.

July 29, 2011

PE Firm Acquires Prefabricated House Specialist Hanlo

The Styrian provider of prefabricated houses was acquired by H.I.G. European Capital Partners. Company founder Hanno Loidl will remain active in an advisory role.

July 19, 2011

Strabag Becomes Sole Shareholder of German Möbius

The Austrian construction company further expands its position in the German hydraulic engineering sector. A majority stake in Möbius had been acquired in 2007 already.

July 14, 2011

Construction Output Down by 5.1%

Austrian output of construction of buildings and civil engineering decreased by 5.1% from January until March 2011. Volume of orders fell by 3.2%.

June 30, 2011

Building Project for Strabag in Sweden

The Austrian construction company is going to develop over 15,000 m² of residential and retail space. The project has a volume of SEK 600m (€ 67m) and will be completed in 2013.

June 16, 2011

Strabag: No Early Comeback in Libya

The Austrian construction company had to stop projects worth € 350m, which resulted in a decrease in business backlog by 3% to € 15.2bn.

June 10, 2011

New Motorway Order for Strabag in Romania

The Austrian construction company is going to build a motorway section between the cities of Orăştie and Sibiu. Order volume amounts to € 166m.

June 7, 2011

Alpine Issues Corporate Bond

The volume will be € 75m with the possibility of an increase. The funds will be used for general corporate purposes and an optimization of the financial structure.

May 31, 2011

Strabag Raises Outlook for 2011 and 2012 after Solid Q1

The Austrian construction company increased its output volume by 26% in the traditionally weak first three months of the year. Operating result improved marginally to € -145.38m.

May 31, 2011

Decreasing Output in Austria’s Construction Industry

Output of construction of buildings and civil engineering decreasing by 8.6% in January and February 2011. Increase in volume of orders in construction of buildings cannot compensate for decline in civil engineering at the end of February 2011.

May 30, 2011

Alpine Lands Pipeline Project in Czech Republic

The Austrian construction company is going to build 105.8 km of a new gas pipeline. The contract value is € 76.7m.

May 26, 2011

Alpine to Build Motorway in Romania

The Austrian construction company is going to build a motorway section for € 91m within a period of 22 months.

May 24, 2011

Strabag Takes Majority Stake in Project Companies for Offshore Wind Power Plants

The Austrian construction company acquires a 51% interest in a project portfolio with possible 850 locations in the German North Sea.

May 23, 2011

Major Contract for FMW

The Austrian industrial plant manufacturer wins a contract worth € 80m with one of Russia’s leading mining and metallurgical companies. Revenue already doubled to € 65m last year.

May 16, 2011

Habau Takes Over Dutch Construction Company

The Austrian construction company takes over the globally active pipeline specialist Nacap and increases sales by € 600m to € 1.4bn.

May 13, 2011

Zagreb Airport: Austrian construction companies hope for an addition

Austrian construction companies Strabag and Alpine fight for the award of an additional contract in a € 200m project.

May 11, 2011

Moderate Increase in Austrian Construction Prices

Construction output price index (new base year 2010) increases in the first quarter of 2011 by 4.2%.

May 11, 2011

Construction Output Down by 16.7%

Austrian Output of construction of buildings and civil engineering decreasing by 16.7% in January 2011. Volume of orders in construction of buildings and civil engineering increasing by 7.0%

May 2, 2011

Small Rise in Profits for Alpine

2010 construction output is € 3.2 bn, (-5 %) - result of ordinary business operations increases by 5 % to € 23,7 m in 2010 .

May 2, 2011

Weak Year for Porr

The Austrian Porr construction company had to report significant sales and profit declines in 2010. The EBIT fell by 23.3%.

April 30, 2011

Strabag Reports Stable Results

Revenues of the Austrian construction company decline slightly. Earnings per share show a plus of 8 % to € 1.53 – Management Board proposes a dividend per share of € 0.55.

April 28, 2011

Strabag: Significant Rise in Earnings Expected

According to analysts, the Austrian construction company will record a substantial rise in profits. However, sales will decline.

April 28, 2011

Strabag Expands its Activities in Hydraulic Engineering Sector

The Austrian construction company acquires 100 % of the German civil hydraulic engineering firm Ludwig Voss, Cuxhaven.

April 14, 2011

Austrian Construction Industry Aims at the Czech Republic

Despite the current downturn in the Czech construction market, the Economic Chamber presently recommends making use of the traditionally good relations with the Czech Republic.

April 13, 2011

Kapsch CarrierCom Starts in Algeria

The Austrian provider of telecommunication solutions enters the African market: major GSM-R project in Algeria.

April 12, 2011

Strabag Consortium Wins PPP Contract in Germany

The Austrian construction company has been awarded to upgrade a highway-section in Bavaria, Germany.

April 12, 2011

Decreasing Output in Austria´s Construction Industry

Output of construction of buildings and civil engineering decreasing by 4.7% from January to December 2010. Volume of orders increasing by 0.3% at the end of December 2010.

April 2, 2011

Alpine: Confrontation with Polish Authorities

Due to the termination of a construction project, a violent dispute has broken out between the construction company and Polish authorities.

March 29, 2011

Strabag Awarded for Project in Frankfurt

A subsidiary of the Austrian construction group Strabag, Züblin, is building the "TaunusTurm" in Frankfurt financial district. Construction period ends in 2013.

March 29, 2011

Collective Contracts: Wage Increase of 2.95% for 130,000 Construction Workers

In the current collective negotiation rounds, the construction union managed to get the so far highest wage increase. The paper-manufacturing industry agreed on an increase of 2.4%.

March 24, 2011 · Updated: March 24, 2011; 00:31

Andritz: Order from Finland

The Austrian technology company Andritz supplies a biomass boiler island for Hämeenkyrön Voima, Finland.

March 22, 2011

Vienna Reacts to Predicted Housing Shortage

Union and construction industry welcome the "housing offensive" of the city government.

March 17, 2011

Bosnia is a Promising Market for the Austrian Construction Industry

The Bosnian government invests in highway construction and energy: Austria is a top foreign investor in Bosnia-Herzegovina

March 16, 2011

Austrian Construction Costs Further on the Rise

According to Statistics Austria, construction cost continued to increase sharply in February 2011.

March 16, 2011

Griffner is Aiming at IPO for 2013

The Carinthian construction company, which specializes in ecological construction intends to acquire new capital in the coming years in order to expand.

March 12, 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

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

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

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