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Vienna International Construction Industry News
Read the latest headlines about developments in the international construction industry in Vienna and Austria
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
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
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