Sponsored Content
Vienna International Industrial Goods Industry News
Read the latest headlines about developments in the international industrial goods industry in Vienna and Austria
“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
Mayr-Melnhof to Become Market Leader in Colombia
The Austrian carton producer Mayr-Melnhof Packaging acquires Colombian Plegacol and creates a new Colombian market leader in folding cartons.
September 17, 2012
RHI Adapts Brazil Project
The Austrian producer of refractories refers to increase in import duties and anti-dumping duties in Brazil.
September 17, 2012
Capital Increase at voestalpine
The Austrian steel company resolves to increase registered capital by 2% in order to further expand employee shareholding scheme.
September 12, 2012
Profit Decrease at Zumtobel
In the first six months of 2012, revenues of the Austrian lighting company were down by 0.9%. Net income fell from € 13.7m to € 9m, earnings decreased by 30%.
September 5, 2012
Downward Trend in Austrian Industrial Sector Accelerates
Due to the crisis in the Eurozone, the downward trend in Austria accelerates.
September 3, 2012
Palfinger´s Joint Venture in China Starts Operations
The Austrian crane manufacturer is about to intensify its China activities. After only six months, the competent authorities have given their approval to the Group’s joint venture with the Chinese Sany Group.
September 3, 2012
Wienerberger´s Pipelife Lands Contract Worth € 20m
Pipelife has been awarded a major order in Ghana: 8.8 km of 2.5 m diameter HDPE pipes for a power plant project.
August 31, 2012
Eder: „We are Cautious“
Wolfgang Eder, CEO of the Austrian steel company voestalpine, thinks that the market conditions will remain difficult.
August 27, 2012
Record Results for MTC
Montana Tech Components could enhance revenues, earnings and profits in the first half of 2012. Revenues were up by 6%.
August 27, 2012
Voestalpine Underlines Expansion Into Asia and America
For voestalpine´s CEO Wolfgang Eder, Europe is a stagnating market. By contrast, growth is expected to take place in the U.S.
August 25, 2012
Lenzing Continues to Supply Fibers to US Army
Flame-resistant fibers from Austria of superior quality.
August 25, 2012
Rosenbauer: Earnings Down, Revenues Up
In the first half of 2012, Rosenbauer Group recorded a 17% decrease in net income. Revenues soared by 14%. Order backlog grew by 60%.
August 24, 2012
SBO Exceeds Expectations
Schoeller-Bleckmann Oilfield Equipment AG: Half-year record sales and profit figures were up substantially. EBITDA increased by 37.9%.
August 23, 2012
Voestalpine Expands Into USA
In the next several years, the Austrian steel group will be investing more than € 100m in new plants in China, the USA, South Africa, Romania, and Germany
August 23, 2012
SBO: Analysts Demonstrate Optimistism
Tomorrow, the Austrian Schoeller Bleckmann Oilfield Group will present its results for the first half year of 2012. All relevant indicators are expected to improve substantially.
August 22, 2012
Austrian Technology at Green Expo 2012
From September 25, 2012 - September 27, 2012, Technology “made in Austria” will be presented at the "Green Expo 2012” in Mexico City.
August 20, 2012
Engineering Companies to Finland
Seven Austrian companies working in mechanical engineering are going to visit Tampere and Helsinki from September 19 to September 21 2012.
August 20, 2012
Wienerberger: High Losses Expected
In the first half year of 2011, the Austrian brick producer still recorded a net income of € 37.5m. On average, a loss of € 21.07m is expected.
August 17, 2012
Mayr-Melnhof Reports Worsened Results
The Austrian packaging company today announced its results for the first quarter. Sales were down slightly, the net profit declined by 20%.
August 16, 2012
Decreasing Profit at Mayr-Melnhof Expected
Next Thursday, the Austrian packaging company will present its results for the first half year of 2012. Revenues are anticipated to decrease.
August 14, 2012
Austrian companies profiting from the Olympics
The London Olympics were responsible for prestigious and lucrative orders running into double-digit millions in the run-up to the games.
August 14, 2012
Fast News Search
This category only
