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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
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