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Vienna International Construction Industry News
Read the latest headlines about developments in the international construction industry in Vienna and Austria
Strabag Exceeds Forecasts
The Austrian construction company recorded a construction volume of € 14.3bn in 2011. For 2012, stable results are expected.
February 18, 2012
Porr Takes over German TKDZ
The Austrian construction group takes over Trierer Kalk-, Dolomit- und Zementwerke (TKDZ) in Wellen.
February 17, 2012
Major Orders for Siemens Austria From Mexico and Thailand
The Mexican steel producer Tyasa ordered the construction of a completed steelworks. In Thailand, Siemens Austria builds a roller plant.
February 11, 2012
Strabag Awarded in Tanzania
The Austrian construction company is building a bus rapid transit system in Tanzania for € 134m.
February 10, 2012
Austrian Green Building Group Acquired Stake in Slovenian Lumar
The Austrian investment company acquired the Slovenian market leader in environmentally friendly construction.
February 7, 2012
Alpine Received Major Order from Germany
The Austrian construction company was awarded for the construction of a motorway bridge in Germany with an order value of € 32m.
February 7, 2012
Porr Extends Capital Increase
The Austrian construction group intends to restock its planned capital increase. The minimum volume is € 30m.
February 2, 2012
Rise in Unemployment at Construction Industry Expected
Due to the worse economic forecasts, the trade union expects more unemployed persons in the construction industry.
February 1, 2012
Slow Growth in Construction Industry
Output of the Austrian construction industry rose by 1.8% in 2011. Increase in volume of orders by 11.9% in civil engineering and construction of buildings at the end of October 2011.
January 30, 2012
Asamer Returns to Libya
The Austrian manufacturer of building material aims for catching up the lost year 2011 in Libya.
January 23, 2012
Porr: Capital Increase Flows Smoothly
According to Porr´s CEO Karl Heinz Strauss, the Austrian construction group raises ist capital within the next 60 days. Operating business is performing well, Strauss says.
January 16, 2012
Dotter Takes Over Management of Alpine
The second-largest Austrian construction company has a new Chief Executive Officer, the 50-year-old Johannes Dotter.
January 12, 2012
Dismal Prospects for Construction Industry
According to WIFO (Austrian Institute of Economic Research), the Austrian construction industry will face stagnation in 2012.
January 9, 2012
Major Order for Strabag in Poland
The Austrian construction group strengthens its market position in Polish transportation infrastructures segment with a € 254m order.
January 9, 2012
Siemens Austria Achieves Major Order in Russia
The Austrian subsidiary of the German technology group constructs the largest pellet plant in Russia.
January 4, 2012
Worsening Economic Outlook for 2012
Economists and analysts expect a massive fall in Austrian economic growth for 2012.
January 4, 2012
Strabag Group Expands Range of Services with Structural Timber Engineering
The German subsidiary Züblin gains access to the field of timber construction through an acquisition.
December 23, 2011
Alpine Receives Railroad Operator License
The Austrian construction company received official license from the Ministry of Transport, Innovation and Technology for freight transports today.
December 22, 2011
Belo Monte: Building Freeze Suspended
The Austrian plant construction company Andritz may expect the final order from Brazil. Andritz wants to deliver turbines and generators.
December 19, 2011
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
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