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

Dividend at voestalpine Unchanged

CEO Wolfgang Eder: “voestalpine focuses on continuity even in terms of dividends”. Heinrich Schaller succeeds Ludwig Scharinger on the Supervisory Board.

July 5, 2012

Voestalpine to Put Effort into Growth

The Austrian steel producer intends to grow through acquisitions again in the medium term. Exports to Brazil and Asian countries should be promoted.

July 4, 2012

New CEO at ATB

Andreas Schindler is the new Chief Executive Officer of the Wolong-owned ATB Austria Antriebstechnik.

July 4, 2012

Austrian Companies Exhibiting at Farnborough Airshow

Farnborough International Airshow is the world's most iconic global aviation event and one of the most important exhibitions in the aerospace industry worldwide.

July 4, 2012

Austrian Delta Bloc UK Wins British Precast Innovation Award

Delta Bloc UK, have been awarded British Precast’s Innovation award for 2012 for their Precast Concrete Road Safety Barrier project on the M4 in South Wales.

July 4, 2012

Strong Demand for Andritz Corporate Bond

Due to strong demand, subscription period terminated today prematurely. The volume issued amounts to € 350m. Two thirds were subscribed by Austrian private investors

July 4, 2012

„Up to 70% of European Steel Capacities are Endangered“

Wolfgang Eder, CEO of Austrian voestalpine, thinks that the European steel industry faces fierce competition from the East.

July 3, 2012

Lenzing Invests € 130m in New Plant

The Austrian fiber company expands ist production facilities. 110 new jobs will be created. The completion is expected in 24 months.

July 2, 2012

Austrian Show Case „Engineering“ in Denmark

From 5. September 2012 to 6. September 2012, the Austrian consulting and engineering sector presents its knowledge and skills in Copenhagen.

June 29, 2012

London Cable Car Put Into Action

This week, the official opening of the 'Emirates Air-Line' (London Cable Car) took place. The cable car was produced by the Austrian manufacturer Doppelmayr and the Swiss partner Garaventa.

June 29, 2012

Zumtobel Records Drastic Profit Cut

The Austrian lighting company announced ist fourth quarters results today. Consolidated revenues were up by 4.2% at € 1,280.3m (2010/11: € 1.228.2m). Zumtobel´s Profit for the year was 68.9% below previous year at € 16.0m.

June 27, 2012

Zumtobel: Weaker Results Ahead

The Austrian lighting company will present ist fourth quarter results of 2011/12 tomorrow. Zumtobel´s net income is anticipated to decrease substantially.

June 26, 2012

U.S. Hedge Funds Hinders Andritz

The Austrian technology group Andritz plans a complete takeover of the German Schuler Group. The U.S. hedge funds Elliott Capital recently acquired a stake in Schuler.

June 25, 2012

Voestalpine to Issue Corporate Bonds of € 1.0bn

The Austrian steel company voestalpine is said to plan a bond program of € 1.0bn.

June 25, 2012

Leipnik-Lundenburger May Go Public

The new CEO of Raiffeisen Holding Erwin Hameseder considers privatizing the food company. There would be other privatization candidates in the renewable energy sector.

June 22, 2012

Last Financial Statement at A-Tec

The Austrian insolvent A-Tec Industries AG published its last financial statement. In 2011, A-Tec´s net income reached minus € 344m.

June 18, 2012

Euris Interested in Croatian TLM-TVP

The Austrian aluminum trader Euris shows interest in the Croatian aluminum rolling mill. Austrian Hypo Group is the seller, the Swiss Montana Tech Components is still a potential buyer.

June 18, 2012

Montana Tech Components Achieves Record Results

The Swiss-based MTC Group could reach a new record in revenues and earnings.

June 16, 2012

Voestalpine Shuts Down Steelworks in Duisburg

The Austrian steel producer plans to close the mill in 2013. At the moment, voestalpine has talks with trade unions and the workforce.

June 9, 2012

Schmidt Retires as CEO of ATB

ATB Austria Antriebstechnik AG Christian Schmidt retires as CEO of the ATB Austria Antriebstechnik and joins the Supervisory Board of the Company Vienna, June 8, 2012.

June 8, 2012

Andritz Biomass Plant Opened in Sweden

The operation of Andritz' third biomass power plant in Sweden has been successfully transferred to its owner, Bollnäs Energi, during a celebration on 25 May 2012.

June 6, 2012

Andritz: Remarkable Order Intake in India

The Indian subsidiary of Austrian Andritz Hydro started 2012 on a promising note by getting a number of new contracts in India and abroad.

June 6, 2012

„India and China are not the Problems“

Voestalpine´s CEO Wolfgang Eder thinks that competitors from Turkey, Russia and Ukraine may become problematic for the European steel industry.

June 5, 2012

Erne Fittings First Austrian 100% Ownership in Saudi-Arabia

Erne buys a 50% share from the former joint venture company Mada in Jubail, Saudi Arabia.

June 4, 2012

Zumtobel Expands LED Production

Tridonic, the Zumtobel Group’s lighting components brand, is expanding its production capacity for LED modules.

June 4, 2012

Mixed Results in Austrian Paper Industry

Production decreased slightly, costs could be compensated. Revenues were up by 6.1%.

June 1, 2012

Andritz Now Holds 53.5% in Schuler

The Austrian technology group acquires just over another 5% of Schuler AG shares.

June 1, 2012

Zumtobel Expects Difficult Financial Year

Harald Sommerer, CEO oft he Austrian lighting company Zumtobel awaits a difficult financial year 2012/13.

June 1, 2012

Andritz Acquires Further 10% of Schuler AG Shares

The Austrian technology group now has access to 48.5% of the total shares.

May 31, 2012

Loss Increase at Hirsch Servo

The Austrian packaging company announced its results for the first three quarters of 2011/12. Revenues and earnings were down substantially. Hirsch Servo aims to cut costs further.

May 31, 2012

New Major Order at Andritz

The Austrian technology group was awarded to supply a paper machine to Zellstoff Pöls, Austria.

May 31, 2012

Profit Decrease at voestalpine

The Austrian steel producer registered an increase in revenue to € 12.06bn (plus 10.1% over BY 2010/11). EBITDA was down by 18.9%.

May 30, 2012

Andritz Expands in Germany

Andritz acquires 38.5% stake in Schuler AG, Germany, and announces takeover offer to purchase the remaining shares.

May 29, 2012

U.K.: Mayr-Melnhof and Trade Union Settle Dispute

The Austrian manufacturer of packaging products grants a better social package to the former employees of the Liverpool-based factory.

May 29, 2012

Wienerberger Closes Takeover of Pipelife

For a purchase price of € 162m, Wienerberger will increase revenues by approx. € 800m and EBITDA by approx. € 70m per year.

May 25, 2012

Zumtobel Won Multi-million Contract in Vienna

The Zumtobel brand has succeeded in winning another multi-million contract in the Austrian capital.

May 24, 2012

Austrian Paper Industry Sees Lack in Skilled Workers

Last year, the domestic paper industry recovered. The new challenge would be to attract sufficient skilled workers.

May 23, 2012

Wienerberger Secures Liquidity Reserves up to 2016

New credit line provides € 250m for general corporate financing up to May 2016 .

May 23, 2012

Record Results at SBO

Austrian Schoeller-Bleckmann Oilfield Equipment achieves an all-time high in sales and profit figures in the first quarter of 2012.

May 23, 2012

Rising Revenues at Novomatic

The Austrian vending machine producer recorded a 17.2% in revenues. The gambling segment was Novomatic´s growth driver.

May 22, 2012

Keba Improves Results

The Austrian producer of electronic goods recorded a substantial rise in revenues. Earnings could be enhanced too.

May 19, 2012

AMAG: Dividend of € 1.50 per Share Resolved

The Austrian aluminum producer enhances its dividend payout significantly. A bonus of € 0.75 was granted. The pay-out ratio reaches 60%.

May 19, 2012

Lower Profits at Rosenbauer

The Austrian manufacturer of fire brigade equipment announced its1st quarter results. Revenues were up by 8% at € 115.6m (Q1/2011: € 107.3m). EBIT still down year-on-year, at € 3.7m (Q1/2011: € 6.9m).

May 16, 2012

Mayr-Melnhof Posts Profit Decrease

Sales were held up on previous year’s level. The operating profit was below last year’s value due to a sharp increase in input prices. Net income fell by 20%.

May 15, 2012

RHI: Profit Soared by 75%

The Austrian manufacturer of refractory products records a moderate increase in revenues. Earnings and profits were up remarkably. RHI predicts to achieve stable results in the second quarter.

May 15, 2012

Voestalpine: Lower Net Income Expected

As the steel price is expected to rise, voestalpine´s steel division has favorable prospects. The profit level of 2010/11 will not be reached.

May 14, 2012

Major Orders for Sandvik Austria

The Austrian subsidiary of the Swedish plant construction group achieved two major orders in Brazil and Laos.

May 11, 2012

Voestalpine Establishes Group for Centralized Purchase of Natural Gas

The voestalpine Group has established Austria’s first industrial gas balance group for the centralized purchasing of natural gas.

May 11, 2012

Strong Growth at Palfinger

Revenue and EBIT increased by another 17 per cent. The Austrian crane manufacturer expects a moderate growth trend in 2012.

May 10, 2012

Declining Revenues and Net Income at Lenzing

The performance of the Austrian Lenzing Group in the first quarter of 2012 was in line with expectations. EBIT decreased to € 67.2m after € 90.7m in the first quarter of 2011.

May 10, 2012
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