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Vienna International Industrial Goods Industry News
Read the latest headlines about developments in the international industrial goods industry in Vienna and Austria
Hypo Alpe Adria Divests TLM-TVP in Croatia
The nationalized Austrian bank successfully has sold the aluminum hot-rolling mill TLM-TVP d.o.o. in Croatia to the Vienna-based Euris.
August 13, 2012
SBO: Favorable Results Anticipated
The Austrian oilfield operator Schoeller Bleckmann is expected to continue its strong performance.
August 10, 2012
Mayr-Melnhof: Stable Results Ahead
Next Thursday, the Austrian packaging company will present its results for the first quarter of 2012. Mayr-Melnhofs EBIT margin is expected to increase.
August 10, 2012
BWT Remains on a Solid Growth Path
Today, the Austrian water technology company reports first half-year figures. Revenues were up by 3.4%.
August 10, 2012
2012 Export Winners Series: Andritz AG
Since 1994 the Austrian Federal Economic Chamber and the Austrian Federal Ministry of Economy, Family and Youth have been awarding "Export prizes" to Austrian companies for their exceptional success on international markets.
August 9, 2012
RHI Does Not Exclude Shutdowns
The Austrian manufacturer of refractory products faces capacity problems in the steel sector. Investments may be cut.
August 9, 2012
Siemens Austria: Major Contract in India
A consortium led by Siemens Austria was awarded with a contract worth € 290m by the Indian National Mineral Development Corporation Limited (NMDC).
August 7, 2012
MTC Invests € 25m in Romania
The Montana Tech Components AG industrial group will invest € 25m to expand the production facilities of their Romanian subsidiary, UACE (Universal Alloy Corporation Europe SRL).
August 7, 2012
Moderate Increase in Andritz Earnings
The Austrian technology Group ANDRITZ showed satisfactory business development in the second quarter of 2012. Sales rose by 15.1%, EBITA wa up by 10.1%.
August 7, 2012
Sharp Profit Decrease at voestalpine
At € 3.051bn in the first quarter of 2012/13, revenue remains constant in a year-to-year comparison. EBITDA declines by 19% from € 463m to € 375m. Net profit down by 30.9%.
August 7, 2012
RHI Announces Surprisingly High Profit
In the second quarter of 2012, the Austrian manufacturer of refractory products could achieve strong EBIT(+24%) and EBITDA (+13%) growth rates.
August 7, 2012
Voestalpine: Drop in Profits Expected
Next Tuesday, the Austrian steel group will publish the results fort he first quarter of 2012.
August 4, 2012
Positive Forecasts for Andritz
Analysts expect a substantial rise in order intake. Sales should grow by 15%. Next week, the Austrian technology company presents its results for the second quarter.
August 3, 2012
RHI: Moderate Rise Earnings Expected
Next Tuesday, the Austrian manufacturer of refractory products will announce its half-year results.
August 3, 2012
AMAG: Decline in Earnings
Today, the Austrian aluminum company presented the results of the second quarter and refers to the difficult market environment. Sales remained stable.
August 3, 2012
RHI: Slight Increase in EBIT Ahead
According to Berenberg Bank, the Austrian manufacturer of refractory products has achieved a 4% increase in sales in the second quarter of 2012
August 1, 2012
SBO: „We are growing organically“
In an interview with the Austrian business magazine „Wirtschaftsblatt“, SBO´s CEO Gerald Grohmann underlines the company´s intention to keep the gearing low and generate further growth.
July 31, 2012
Zumtobel: Dividend of € 0.20
The actions of Management Board and Supervisory Board of the Austrian lighting cokmpany in 2011/12 were ratified. A dividend of EUR 0.20 per share was approved by the Shareholders' Meeting.
July 30, 2012
Ams: Revenue Growth Reached 66%
ams reports second quarter and first half results. EBIT was up remarkably.
July 24, 2012
Sikorsky and Pankl enter into new long Term Supply Agreement
Austrian Pankl Aerospace Systems wins first Sikorsky Entrepreneurial Challenge.
July 23, 2012
Siemens Austria to supply Electrical Works to Indian BMM Ispat
The Indian steelmaker BMM Ispat Ltd. ordered the core systems for an electrical steel plant from Siemens VAI Metals Technologies.
July 23, 2012
Lenzing AG Intensifies Pulp Cooperation with Sappi
Lenzing AG, global market leader for man-made cellulose fibers, is intensifying its longstanding cooperation with the paper and pulp group Sappi.
July 23, 2012
Takeover of Croatian Aluflex Failed
The Austrian Hypo Group Alpe Adria will not sell the Croatian aluminum group to the Swiss MTC (Montana Tech Components).
July 19, 2012
Botlek Lift Bridge: Major Order for Waagner-Biro
Waagner-Biro Bridge Systems AG has received de order for the drive system of "Botlek lift bridge" with a value of € 30m and has firmly established itself against well-known international competitors.
July 17, 2012
FACC Builds New Technology Center
The Austrian aviation company enlarges its R&D activities. The new technology center should be completed in 2013.
July 16, 2012
Schuler Recommends Accepting Takeover Bid by Andritz
The Board of Management and the Supervisory Board of the German engineering company recommend that shareholders accept the takeover bid issued by Andritz. A Bid price of € 20.00 per share is deemed to be fair.
July 12, 2012
Zumtobel Group Strengthens its Presence in China
The Austrian lighting company announces that the newly built factory was opened in Tianjin, China, for road and tunnel lighting. R&D activities in China will be expanded.
July 12, 2012
FACC Achieves Record Turnover
Operating result remains high despite massive increase in development activities. Positive outlook thanks to increasing demand for aircraft and constant development of market position.
July 6, 2012
Railway Cartel: € 8.5m Fine for voestalpine
The steel group participated in a railway cartel in Germany. The cartel proceedings are finished now.
July 5, 2012
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
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