Read the latest headlines about developments in the international industrial goods industry in Vienna and Austria
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Vienna International Industrial Goods Industry News

Voestalpine: CEO Eder Cautiously Optimistic

CEO Wolfgang Eder anticipates an economic recovery in the second half of 2013. Despite the difficult framework conditions, voestalpine´s management retains the earnings forecast.

February 7, 2013

Czech Industrial Production Slightly Decreased in 2012

Industrial production slightly decreased in 2012 after two years of growth. The year-on-year decrease started in the Q2 and gradually deepened in the following periods.

February 7, 2013

Andritz Acquires Majority stake in Shanghai Shende Machinery

Austrian technology Group Andritz has acquired an 80% stake in Shanghai Shende Machinery Co. Ltd., a renowned supplier of technologies and systems for feed and biomass pelleting.

January 28, 2013

SBO: Higher Earnings Ahead

The Austrian oilfield equipment producer Schoeller-Bleckmann (SBO) will present its results for 2012 next Thursday.

January 15, 2013

Voestalpine Leaves Europe Step by Step

The Austrian steel company wants to reduce the dependence on Europe. Growth will take place elsewhere, CEO Wolfgang Eder says.

December 20, 2012

Voestalpine: „Growing by 50% Until 2020“

The Austrian steel group presents its strategy for the next years. The importance of conventional steel and Europe will decrease.

December 18, 2012

Voestalpine: Major Investments in U.S.

The Austrian steel company wants to build a steel plant for $ 1.0bn in the U.S.

December 17, 2012 · Updated: December 17, 2012; 14:53

Wienerberger: Major Contract in Northern Africa

Wienerberger´s subsidiary Pipelife wins major contract for water pipeline.

December 14, 2012

Wienerberger reduces Managing Board from Three to Two Members

Johann Windisch to leave the Managing Board and take over responsibility for the Bricks & Tiles Division in Europe. Contracts of Heimo Scheuch and Willy Van Riet extended for five years.

December 13, 2012

Slovakia: Industrial Sector Grows

Today, the Slovak Statistical Office published data on turnover in selected sectors of economy in October 2012. In most industries, turnover is increasing.

December 11, 2012

Wienerberger Ends External Rating by S&P

Rating relationship with Moody’s (Ba2, stable outlook) remains unchanged, the Austrian brick producer says.

December 10, 2012

Slovak Industrial Production Grows Significantly

Industrial production index (IPI) increased by 8,1 % in October 2012, compared with October 2011. The development was affected by a rise in manufacturing by 8,7 %.

December 10, 2012

Czech Industry: More Working days, More Production

In October 2012, industrial production increased at constant prices by 4.1%, year-on-year; working days adjusted industrial production decreased by 3.3%.

December 10, 2012

Austrian Industrial Sector: Uncertainties Grow Massively

Due to the economic slowdown, the degree of predictability is declining. The industrial output tends to stagnate.

December 8, 2012

RBI Sells Stake in RHI

The Austrian Raiffeisen Bank International sells the 7.3% interest in the Austrian refractory company.

December 7, 2012

Voestalpine Acquires Canadian Sturdell Industries

The Vienna-listed voestalpine Group continues to further expand its market position in North America by undertaking an acquisition in its special steel segment.

December 7, 2012

Voestalpine Expects Stable Development

Regarding the next quarters, CEO Wolfgang Eder is slightly optimistic. Steel demand will remain stable, he says.

December 6, 2012

Lower Profits for Zumtobel

In the first six months of Zumtobel´s financial year, net income was down by 42.3%. Earnings decreased from € 43.6m to € 32.7m.

December 5, 2012

RHI: USA and India as Growth Markets

CEO Franz Struzl considers expanding into India, Russia and the U.S. Investments will reach about € 50m.

December 1, 2012

Serbia: Industrial Data on the Rise

In Serbia, the economic activity and foreign trade grows again, the Statistical Office says.

December 1, 2012

Austrian Industrial Sector Expands

Positive production trends in industry and construction in August 2012; turnover +3.9%. Output of construction of buildings and civil engineering increased by 6.3% from January until August 2012.

November 30, 2012

“Turnaround in sight for industrial activity”

The Bank Austria Purchasing Managers' Index climbs in November to best reading since June. Rising orders nudge production up slightly in Austrian industry for the first time since the summer

November 30, 2012

Hypo Group Sold AluFlexPack to MTC

After months of negotiations, the Austrian nationalized bank sold the Croatian aluminum company to the Switzerland-based Montana Tech Components.

November 30, 2012

RHI: 2012 Will be Successful

The Austrian refractory company will record a substantial increase in revenues and earnings, CEO Struzl says. However, results of the fourth quarter are expected to slacken.

November 30, 2012

AMAG: Management Board Reappointed

The Supervisory Board of AMAG Austria Metall AG announces the reappointment of the Management Board members.

November 22, 2012

Steel Industry: „Up to 100,000 Jobs Endangered“

Wolfgang Eder, CEO of the Austrian steel company voestalpine, warns of the persistently high oversupply in the European steel industry.

November 17, 2012

Voestalpine: Expansion into U.S.

The special steel division Böhler Uddeholm of the Austrian steel producer voestalpine opens a new site in Illinois.

November 15, 2012

Palfinger Records Stable Earnings

Consolidated net result for the first three quarters of 2012 rose to € 688.2m. Revenues in non-European areas increased by 43 per cent.

November 9, 2012

RHI Opens Largest Raw Material Fusion Plant

Largest on-shore investment in Norway. Independence from Asian imports strengthened.

November 9, 2012

Voestalpine: Savings Higher than Planned

The Austrian steel group could reduce its costs more effectively than initially planned. From 2010 to 2013, total savings reach € 650m.

November 7, 2012

AMAG: Sales Up, Earnings Down

Sales up slightly to € 635m from same nine-month-period of prior year. EBITDA for the AMAG Group at€ 109.9m in the first three quarters of 2012 (comparable period of 2011: € 124.6m).

November 6, 2012

Andritz Group With Solid Business Development

The Austrian technology Group Andritz showed solid business development during the third quarter of 2012 and the first three quarters of 2012. Net income was up by 11.1%.

November 6, 2012

RHI Increases Earnings Again

Revenues of the Austrian RHI Group increased by 7.0% in the third quarter of 2012 in comparison to the same quarter of 2011 and amounted to € 459.9 million.

November 6, 2012

RHI: Satisfying Results Ahead

The Austrian refractory company faces high expectations. The results of the third quarter will be published next Tuesday.

November 3, 2012

RHI Aims to Take Over Orient Refractories

The Austrian producer of refractories plans to expand in India. The investment may have a size of € 80m.

October 29, 2012

Major Order for Andritz in Laos

The Austrian technology group has received an order from CH. Karnchang (Lao) Company Ltd. to supply the electromechanical equipment for the Xayaburi run-of-river hydropower station.

October 25, 2012

Amag´s Management Shows Optimism

Gerhard Falch, CEO of the Austrian aluminum producer Amag expects satisfying results in the third quarter.

October 19, 2012

Voestalpine Confirms Guidance

The Austrian steel company expects stable operating profits. Demand is declining substantially, CEO Eder comments.

October 18, 2012

Voestalpine: Eder Does Not Exclude to Leave Austria

Wolfgang Eder, CEO of the Austrian steel company voestalpine, underlines to stay in Austria “as long as possible”.

October 15, 2012

Voestalpine: No Investments in Europe

Wolfgang Eder, CEO of the Austrian steel company expects that Europe faces a longer phase of stagnation. The steel industry will not recover before mid-2013.

October 12, 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

Hungary: Industrial Production Declines Slightly

In August 2012, industrial gross output declined by 0.8% compared to the same month of 2011.

October 12, 2012

Andritz is Concerned About China

The CEO of Andritz Wolfgang Leitner thinks that there are substantial risks for the Chinese and European economy.

October 10, 2012

Rudolf Kemler New Supervisory Board President of OMV

Result of OMV‘s Extraordinary General Meeting 2012: The chairman of ÖIAG (Austrian Industrial Holding) was elected as a member of the Supervisory Board.

October 9, 2012

Andritz Acquires Allied Environmental Solutions, USA

The Austrian technology Group Andritz has acquired Allied Environmental Solutions, Inc. (AES), with headquarters in Columbia, Maryland, USA.

October 8, 2012

Voestalpine to Launch New Image and Brand Campaign

“We’re taking the future into our own hands” is the philosophy embodied by the corporation.

October 5, 2012

Voestalpine Places a Bond Issue of € 500m

The proceeds are intended for general financing purposes. The bond is predominantly subscribed by international investors

September 26, 2012

RHI Demonstrates Optimism

The Austrian manufacturer of refractory products expects increasing revenues and a growing EBIT margin.

September 24, 2012

Palfinger Strengthens its Market Presence in South America

Through the acquisition of Tercek, the Austrian crane manufacturer expandts into Brazil. Regional presence and market growth offer opportunities of strategic interest, Palfinger notes.

September 20, 2012

Eder Calls for Cut in Steel Production

The CEO of the Austrian steel producer voestalpine asks the European Union to introduce a controlled reduction of the steel production. The overcapacities would cause lower prices, Eder argues.

September 17, 2012