Vienna International Industrial Goods Industry News

Read the latest headlines about developments in the international industrial goods industry in Vienna and Austria

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

Excellent Results at Lenzing Group

The Austrian fiber producer announces that the € 2bn sales threshold was surpassed for the first time. EBIT was up by 60%.

March 22, 2012

Andritz Receives Major Order from Turkey

The Austrian technology Group Andritz has received an order to supply equipment for Beyhan-1 hydropower station in Turkey. The order value amounts to € 44m.

March 21, 2012

AMAG Appreciates Changes in Shareholder Structure

With B&C Industrieholding, the Austrian aluminum producer got a new major shareholder. RLB Upper Austria widens its share up to 16.44%.

March 19, 2012

Andritz Receives Order in DR Congo

The Austrian technology Group Andritz received a contract for reconstruction and rehabilitation of two Francis units (178 MW each) for the Inga 2 hydropower plant, DR Congo.

March 19, 2012

30% in AMAG Sold to B&C Industrial Holding

One Equity Partners (OEP), a subsidiary of JP Morgan, sold a major stake in the Austrian aluminum company to B&C Industrial Holding.

March 16, 2012

B&C Holding Interested in 30% AMAG Stake

The industrial holding aims for entering the aluminum producer AMAG. RLB Upper Austria is interested too.

March 15, 2012

Moderate Rise in Results at Mayr-Melnhof

The Austrian packaging company could enhance profits by 7.5% to 118.7m. Dividends rise from € 1.95 to € 2.10.

March 15, 2012

Voestalpine Closes TSTG Schienentechnik

The shutdown of German TSTG is due to a “lack in efficiency”. Because of the current cartel proceedings, the Austrian steel company has to build provisions of € 205m.

March 13, 2012

Palfinger Puts Effort Into China Entry

The Austrian crane manufacturer announced its joint venture with the Chinese partner Sany at the Austrian Federal Competition Authority (BWB).

March 13, 2012

Turkey as Growth Market for Siemens Austria

Siemens Austria ´s CEO Wolfgang Hesoun regards Turkey as most attractive growth market, as the economy is highly diversified and shows high economic growth rates.

March 12, 2012

„Going to America 2012“: AWO Supports Austrian Business in USA

Foreign Trade Austria (AWO) shows business opportunities in the U.S. to domestic companies.

March 8, 2012

Binder + Co Shows Strong Growth

The Austrian environmental technology company Binder+Co grows further in 2011: Sales revenues up by 29%, EBIT by 18%, order intake increased by 25%.

March 8, 2012

SBO: Massive Rise in Profits

The Austrian Schoeller-Bleckmann Oilfield Equipment notes a substantial improvement in results of 2011. Profits increased by 95%.

March 8, 2012

Pecik Unwanted at AMAG

A major shareholding in Austrian AMAG will be sold. Ronny Pecik, who is said to be interested, is not welcome.

March 7, 2012

RHI Has Growth Plans

The Austrian producer of fireproof ceramics puts effort into growth. Major investments and acquisitions are planned.

March 7, 2012

Hammerer Aims For Growth in Italy

The Austrian aluminum company wants to acquire a site of the U.S. Alcoa in Italy.

March 7, 2012

Getzner Werkstoffe: on to South America Following Success in Asia

The Austrian company produces materials for vibration isolation and plans to expand into South America.

March 7, 2012

Doppelmayr Hopes for China

The Austrian cable railway producer faces a small and stagnating market in the U.S. South America and China are seen as growth markets.

March 6, 2012

Zumtobel Recorded Losses in Third Quarter

Austrian Zumtobel Group recorded a 6.1% increase in revenues to € 964.2m in the first nine months of 2011/12. EBIT decreased substantially.

March 6, 2012

Kapsch TrafficCom IVHS to Open New North American Head Office

Kapsch TrafficCom IVHS Inc., a subsidiary of Austrian Kapsch TrafficCom AG, announced the opening of the new corporate head office in Tysons Corner, Virginia.

March 6, 2012

RHI Exceeds Expectations

The Austrian producer of fire-proof ceramics could raise revenues by 15.5%. EBIT was up by 19.8%.

March 6, 2012