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

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

HTI Records Mixed Results

The Austrian High Tech Industries AG could raise revenues by 7.2% to € 207m. Net results stood at € -2.2m.

April 30, 2012

Pankl Achieved Record Results

The Austrian automotive component supplier recorded excellent results: in the first quarter of 2012, revenues were up by 25% to € 36.5m. EPS rose by 34%.

April 30, 2012

Frauenthal Sells Division to Japanese Ibiden

The Austrian Frauenthal Group reached an agreement with Japanese Ibiden Group on the sale of its Industrial Honeycombs division.

April 26, 2012

AMAG Starts Investment Program

The Austrian aluminum company invests € 220m in the enlargement of the main site in Ranshofen, Upper Austria. RLB Upper Austria now holds a 16.5% stake.

April 26, 2012

Rising Revenues at Linz Textil

Despite a major fire at Linz Textil´s site last year, the textile company could raise revenues by 9.2%. Profits decreased slightly.

April 26, 2012

Dividend Increase at SBO

Schoeller-Bleckmann Oilfield Equipment AG: Annual General Meeting adopts resolution to increase dividend to € 1.20 per share. A share buyback programme has been renewed.

April 26, 2012

AMAG Sale Completed

The last tranche in the Austrian aluminum producer AMAG was sold by CP Group/One Equity Partners to the Austrian B&C Industrieholding AG.

April 25, 2012

Mayr-Melnhof: Dispute in the UK Escalates

After the British site of the Austrian packaging company was shut down in February, the British trade union Unite attacks Mayr-Melnhof sharply.

April 23, 2012

Gorenje Not to Move to Vienna

The Slovenian producer of household appliances was said to move to Vienna. CEO Franjo Bobinac declines the rumors.

April 20, 2012

RHI to Cut Costs

The Vienna-listed manufacturer of fire-proof products starts a cost-cutting program. CEO Struzl pushes for more efficiency.

April 20, 2012

Rosenbauer Reports Decline in Revenue and Profit

The Austrian producer of fire-fighting equipment announced its results for 2011. Revenues decreased by 9.0%, net profit fell by 20%. Orders went up substantially.

April 20, 2012

Lenzing Resolves to Increase Dividends Substantially

The Ordinary Shareholders´ Meeting of Lenzing AG resolved to distribute a dividend of € 2.50 per share for the 2011 fiscal year (compared to € 1.55 per share for the previous fiscal year).

April 19, 2012

Gorenje Considers Setting Up Headquarters in Vienna

The Slovenian producer of household appliances is said to move to Vienna. The company does not comment this information.

April 19, 2012

Major Order at Andritz by Mondi Austria

International technology Group Andritz has been selected by Mondi Group to supply a 1,200 tds/d recovery boiler for Mondi Frantschach at its mill in Carinthia.

April 19, 2012

Moderate Growth at Wintersteiger

In 2011, the Austrian machine manufacturer could raise revenues by 9.0% to € 101.8m.

April 14, 2012

Kapsch: Critique by Czech Republic

The toll collection system in the Czech Republic is more expensive in Austria or Germany, the Czech audit authority alleges.

April 14, 2012

Lenzing Expects Not to Reach Results of 2011 Again

Lenzing´s CEO Peter Untersberger presented the excellent results of the last financial year. This year, earnings will reach the level of last year only “at best”.

April 13, 2012

Wienerberger Builds Firewall Against Hostile Takeover

The Austrian brick producer plans to lower the marginal value for takeover offers to 20%.

April 13, 2012

Voestalpine Indicates Significant Increase in Revenues

The Austrian steel company recorded about € 12.0bn in revenues last financial year. 25% of the revenues are based on exports apart from Europe.

April 12, 2012

Frauenthal to Sell Catalyzer Segment

The Austrian supply company intends to sell the “industrial honeycomb” segment with revenues of € 80m and 350 workers.

April 11, 2012

Ruttenstorfer Enters RHI

The former OMV executive becomes supervisory board member at the Austrian RHI.

April 11, 2012

Voestalpine Increases R&D Expenditure

voestalpine said it is increasing R&D expenditure to a record level of € 132m for the 2012-13 business year just begun.

April 11, 2012

Eder Ticks Off Rail Cartel

Voestalpine´s CEO Wolfgang Eder underlines the new compliance rules of voestalpine. Another participation in a cartel would be “impossible”.

April 7, 2012

FACC Enhances Revenues Massively.

The Austrian plane component supplier FACC could raise revenues by 31%.

April 5, 2012

„Steel Industry Needs Market Adjustment“

Wolfgang Eder, CEO of the Austrian steel company voestalpine, sees massive overcapacities in the European steel Industry. Eder reaffirmed his warning to leave Austria.

April 4, 2012

Frauenthal Expands into Slovakia

The Austrian conglomerate acquires a Slovak sanitary retailer. The automotive segment recovers, CEO Moser says.

April 2, 2012

British Mayr-Melnhof Factory Occupied

The Liverpool-based site of the Austrian packaging company Mayr-Melnhof will be closed. Workers occupy the factory in order to prevent the shutdown.

April 2, 2012

Andritz Acquires U.S. Bricmont Inc.

The Austrian technology Group Andritz has acquired Bricmont Inc. from Inductotherm Group. Bricmont is headquartered in Pittsburgh, Pennsylvania, USA, and includes certain assets in China and India.

March 30, 2012

Mayr-Melnhof Closes Liverpool Plant

The Austrian packaging company today announced that it is to close its packaging plant in Liverpool.

March 29, 2012

Andritz Receives Order from ThyssenKrupp

The Austrian technology group is awarded to supply equipment for stainless steel production to ThyssenKrupp Nirosta, Germany.

March 29, 2012

Palfinger: High Expectations in China

The Austrian crane manufacturer is optimistic that China becomes the biggest market for the company.

March 28, 2012

Zumtobel Introduces Global Management for all Production Plants

As part of its growth strategy, the Zumtobel Group is placing all Zumtobel brand production plants under uniform global management.

March 28, 2012

Voestalpine Gets a New Group Structure

The Automotive Division and Profilform Division will be amalgamated to create the Metal Forming Division.

March 27, 2012

RHI Confirms Results 2011

The Austrian manufacturer of refractory products confirms its results published on March 6. RHI announces to have appointed a new CFO:

March 27, 2012

Voestalpine Forecasts Improved Business Conditions

Austrian steel group voestalpine expects results to improve from April 2012 as it benefits from price hikes and solid demand, Reuters reported.

March 27, 2012

BWT Posts Decline in Profits

The Austrian water technology company recorded revenues of € 478.9m (+3.9%). Net profit was down from € 22.7m to € 13.6m.

March 26, 2012

CarbonLite Opens $ 58m PET Recycling Plant

The Austrian Erema supplies pelletizers for the world largest bottle-to-bottle recycling plant in Riverside, California.

March 22, 2012

Voestalpine to Invest € 500m at Main Site

The Austrian steel company builds a new strand casting house. Voestalpine warns of excessive greenhouse gas regulations.

March 22, 2012

Andritz: Major Order from Chile

The Austrian Andritz Energy & Environment receives major order to supply equipment for two coal-fired power stations in Chile.

March 22, 2012