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Vienna International Construction Industry News
Read the latest headlines about developments in the international construction industry in Vienna and Austria
Siemens Austria: Order from Belarus
Siemens VAI Metals Technologies received a major order from the Belorussian steel producer Byelorussian Steelworks (BMZ),
December 17, 2011
Siemens Austria Expands in China
Siemens Metals Techologies enlarges its production facilities in China. Investments of $ 80m are expected.
December 14, 2011
Airport Zagreb: Strabag Not Awarded
Two offers for were submitted for the enlargement of Zagreb Airport. Strabag´s offer has been rejected.
December 13, 2011
Siemens VAI Receives Order from India
The Indian JSW Steel placed a major order at the Austrian Siemens VAI.
December 8, 2011
Porr Considers Capital Increase
In order to realize further growth, the owners of the second-largest Austrian construction company plan to raise the equity base.
December 3, 2011
Strabag Finishes Largest Project in Company History
The Austrian construction company finished work on the A2 motorway in Poland ahead of schedule. The project had a total volume of € 1.3bn.
December 1, 2011
Porr Issues Profit Warning
The Austrian construction company has to write down € 90m of receivables due to problems in Eastern Europe. For next year, however, management is confident to see stable development.
December 1, 2011
Austrian Companies Return to Libya
OMV and Asamer have already resumed business, while Strabag is still evaluating damages.
November 30, 2011
Strabag Increased Revenue and Earnings after Nine Months
Revenue of the Austrian construction group was up by 9%. EBIT stood at € 208m – 8% higher than in 2010.
November 30, 2011
Strabag Wins New Orders for Environmental Technology Division
The Austrian construction group secured new business worldwide. The total volume is € 110m.
November 29, 2011
Strabag delivers € 320m Steelworks in Russia
The Austrian construction company has finished its works in Russia. The factory will produce sheet steel in particular to manufacture pipes to be used in pipeline construction.
November 28, 2011
FCC Acquires Remaining Shares in Alpine
Supervisory board chairman Aluta-Oltyan will sell his 20% stake in Austria’s second largest construction company to the Spanish majority owner.
November 23, 2011
Siemens Austria Finishes Dutch Gas Power Plant
The contract value for the gas and steam power plant amounts to € 570m. 1.4 million households will be served with electricity.
November 21, 2011
Strabag Confirms „Solid Outook“
The EBIT forecast of the Austrian construction group has been raised to € 340m. Net income is expected at € 185m.
November 21, 2011
No Growth in Construction Industry in 2012
Austrian companies fear the effects of the debt brake while they still suffer from the consequences of the recession of 2009.
November 17, 2011
Strabag Strengthens Brand Presence in Sweden
The Austrian construction group renames two local subsidiaries. Planned national output for 2011 amounts to approximately € 350m.
November 17, 2011
Small Increase in Construction Costs
Austrian Construction costs increased by 1.8% in October 2011 compared to the previous year.
November 15, 2011
Porr Records Strong Growth in Orders
The Austrian construction group’s order bookings increased by 36.6% in the first nine months of the year, strongly driven by demand in foreign markets.
November 11, 2011
Swietelsky and Strabag Win Orders in Romania
The Austrian construction companies were commissioned by the national railways to renovate the infrastructure on two lines.
November 11, 2011
Moderate Rise in Construction Costs in the Third Quarter
The price index reached 103.5 points in the third quarter: +3.0% year-on-year, +0.3% against the second quarter.
November 10, 2011
Moderate Upward Trend in Austrian Construction Industry
Increase in volume of orders in civil engineering but decline in construction of buildings at the end of July 2011. Construction output increased by 1.0% in the first half of 2011.
October 31, 2011
Alpine and Strabag Fighting for the Concession for Zagreb’s Airport
European airlines are facing difficult times, but the demand for flights is still high. The future belongs to South European countries. Therefore, international airlines and airport operators are seeking their chance there.
October 25, 2011
Rabmer Building Opens a New Subsidiary in Poland
Rabmer Building has established a Polish subsidiary. Already since last year the Polish market has been managed by eleven employees from Bydgoszcz.
October 24, 2011
Construction Companies Fight for Romanian Order
Three Austrian construction companies – Strabag, Porr and Alpine – compete for a major order from the Romania railways. The order volume is € 258m.
October 24, 2011
Strabag Wins Major Contract in Oman
The Austrian construction group’s local subsidiary was commissioned to build the infrastructure extension of a port. The order has a volume of € 150m.
October 20, 2011
Alpine Has Completed „Yellow River Diversion Projekt“ in China
The 25,386-meter Pinglu Tunnel, part of a gigantic water supply project designed to supply China’s dry regions with water from the “Yellow River,” was completed after five years of construction, reported the Austrian constriction company Alpine.
October 19, 2011
Alpine’s Annual Reports Honored in New York City
The Alpine construction company’s communications team swept the board at this year’s “International ARC Awards” in New York City.
October 19, 2011
Strabag: No Bonus for Retail Investors
The Austrian construction corporation Strabag SE core shareholders will not grant a monetary bonus to retail investors.
October 18, 2011
Moderate Price Increase in Civil Engineering
Austrian Construction cost September 2011: smaller increase in residential building than in civil engineering.
October 17, 2011
CRM of Doka Group Awarded
An international jury awarded prizes for the best customer-relationship management projects, ranking Doka among the top three companies, at the Customer-Relationship Management (CRM) Expo in Nuremberg, Germany.
October 14, 2011
Andritz: Strong Rise in Sales Expected
At the Andritz Capital Market Days 2011, CEO Wolfgang Leitner today specified the sales and earnings targets of the Austrian technology group for 2011 and 2012.
October 5, 2011
Potential for Austrian Suppliers in Spain
The Austrian AWO started a market exploration journey to Spain in order to create first business contacts. In the first term of 2011, exports to Spain grew by 6.6%.
October 3, 2011
Czech Railways Orders 16 Railjets from Vienna
Major Order for Siemens Austria from the Czech National Railways Ceske Drahy: the railway group exercises an option, which was reserved for the Austrian Federal Railways originally.
October 3, 2011
TGW Aims for China and Brazil
The Austrian logistics company currently realizes its biggest orders in its history. Moreover, TGW intends to expand substantially.
October 1, 2011
Strabag Awarded Motorway Project in Poland
Two subsidiaries of the Austrian construction group lead the consortium which signed a contract worth € 120m. The group’s share is 55%.
September 30, 2011
Strabag Realizes € 250m High-Rise Project in Berlin
The Austrian construction group will invest € 250m in a property in prime capital location. Completion of the project is expected in 2015.
September 29, 2011
Siemens VAI: Major Order from South Korean Steel Industry
The Austrian Siemens VAI Metals Technologies has received the order to build a steelwork. The factory´s capacity should be 2m tons per year.
September 27, 2011
Porr Cooperates with German InterCityHotel
In the coming years, the two German and Austrian companies plan 15 new hotels in the CEE area.
September 26, 2011
New Subsidiary for Rabmer Bau in Poland
The Austrian construction group, which is spezialized in renovating canal systems, established a new company in Poland.
September 26, 2011
Strong Growth for Bernegger
The Upper-Austrian construction company could achieve a 7.5% growth in turnover.
September 21, 2011
Alpine to Build Hotel in Warsaw
The Austrian construction group will be general contractor of the project in Poland. Total contract value is € 32m.
September 16, 2011
New Road Construction Project in Bulgaria for Alpine
Rehabilitation of 109 km of road - Contract value: € 20 m - 24-month construction period.
September 12, 2011
Trumpf Austria: „European Quality and Asian Cost Level“
In the last business year 2010/11, Trumpf Maschinen Austria was able to report substantial growth. The Austrian subsidiary of the German company still experiences no downturn of the business cycle.
September 12, 2011
Italian Strabag subsidiary Wins € 161m contract in Tuscany
Adanti, the subsidiary of the Austrian building company will upgrade the State Road 223 between Grosseto and Siena. Adanti´s share is 65%.
September 7, 2011
Alpine Reports Drop in Earnings
Austria’s second largest construction group incurred a loss of € 3.1m in the first half of the year. Strong growth in construction output was offset by increasing material and personnel expenses.
August 31, 2011
Strabag Posts Positive Semi-Annual Earnings for the First Time
The Austrian construction company recorded outstanding results in the first half of the year. Output volume grew by 17%, EBIT improved from € -10.36m to € 16.67m.
August 31, 2011
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
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