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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
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
Wienerberger Records Higher Losses
Group revenues declined by 3% to € 382.4m (2011: € 395.1m). Operating EBITDA reached € 2.1m (2011: € 11.8m). Net losses reach € 50.1m.
May 9, 2012
Lenzing´s Earnings May Fall Considerably
Analysts of Erste Group and RCB (Raiffeisen Centrobank) expect the Austrian fiber producer to record a substantial cut in operating profits.
May 8, 2012
Palfinger: Strong Rise in Earnings Ahead
Analysts expect the Austrian crane manufacturer to achieve a 8.0% growth in revenues. EBIT is forecasted increase by 18.5%.
May 8, 2012
Again Losses at Wienerberger
Analysts of Erste Group, RCB (Raiffeisen Centrobank) and UBS expect the Austrian brick manufacturer to widen losses.
May 8, 2012
AMAG Issues € 70m Bonded Loan
One year after its IPO, the Austrian aluminum producer issues a bonded loan in order to enlarge the main factory.
May 7, 2012
Voestalpine Erects New Wire Production Facility
The Austrian steel producer enlarges its production capacities for ultra-high tensile fine wires.
May 7, 2012
RHI to Acquire Orient Refractories?
The Austrian refractory manufacturer is said to take over the Delhi bases Orient Refractories. The target company denies the rumor.
May 7, 2012
Decreasing Profit at AMAG
The Austrian aluminum producer published its results of the first quarter of 2012. Sales were down by 3.0% to € 207.7m, EBIT fell by 9.0% to € 22.4m.
May 4, 2012
Andritz Continues Strong Performance
The Austrian technology Group ANDRITZ saw a favorable business development during the first quarter of 2012. Sales grew by 28.4%. Net income was up by 36.5%.
May 4, 2012
Bajaj Holds 47.2% in KTM
At the end of April, the Indian motor vehicle producer enlarged its stake in the Austrian company from 41% to 47.2%.
May 2, 2012
Major Order at TGW by U.S. Gap Inc.
The U.S. specialty apparel retailer Gap Inc selects the Austrian TGW Systems to manage their residual carton handling operation.
May 2, 2012
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