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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
Eder: „Environmental Policy Endangers Economy“
Voestalpine´s CEO criticizes environmental specifications made by EU and domestic politics. Eder sees the danger of a de-industrialization.
March 5, 2012
Voestalpine Awarded Major Contract in the UK
Austrian voestalpine Group has been awarded a major contract for the supply of roughly 20,000 tons of pre-cut heavy-plate shapes for Siemens Wind Power for the London Array offshore wind tower project in the United Kingdom.
March 5, 2012
Komptech Increases Turnover to € 111m
The Austrian environmental specialist enjoys the best year in its company history. Infrastructure projects enable continued growth.
March 3, 2012
RHI Eyes Serbia’s Magnohrom
RHI, the Austrian maker of fire- proofing ceramics, is interested in Magnohrom, Serbia’s sole basic refractory product manufacturer, Privatization Agency chief Vladislav Cvetkovic said.
March 3, 2012
Andritz: Controversial Projects in Brazil and Turkey Are Going According to Plans
The Austrian machine manufacturer Andritz participates in the construction of two major hydro power plants in Turkey and Brazil.
March 2, 2012
Kapsch TrafficCom with Contract Award in France
Kapsch TrafficCom AG listed on the Vienna Stock Exchange in the prime market segment, reports a contract award in France worth more than € 25m.
March 2, 2012
Voestalpine Expands Operations in Automotive Segment
The Austrian steel company presents high-strength steel innovation for cars. CEO Eder expects to double sales in the automotive division.
March 2, 2012
AMAG´s CEO: “No Contact with Pecik”
The Chief Executive Officer of the Austrian metal company, Gerhard Falch, said he’s not been in contact with investor Ronny Pecik.
March 2, 2012
Siemens Austria Got Major Order from India
The Indian National Mineral Corporation orders a sintering plant at Siemens VAI. The order volume totals € 120m.
March 1, 2012
Andritz Surpasses Expectations
The Austrian technology Group Andritz showed very satisfactory business development in the 2011 business year, reaching record highs in order intake, sales, and earnings.
March 1, 2012
Hirsch Servo Still Records Losses
Sales revenue in EPS Processing down slightly due to drop in volume in Packaging division. The company emphasizes to take further steps to cut costs.
February 29, 2012
austriamicrosystems Reports Rise in Revenues and Earnings
The manufacturer of high performance analog ICs registered a 32% rise in revenues. EBIT rose by 59%.
February 29, 2012
Palfinger: Joint Venture in China
The Austrian crane producer initiates a joint venture company with Chinese Sany Heavy Industries.
February 28, 2012
Significant Increase in Austrian Steel Exports to U.S.
U.S. Steel Imports are rising substantially, prices are on the fall. Austrian suppliers could raise their share.
February 27, 2012
Frauenthal Considers Short Time Work
The Austrian component supplier experiences the first signs of the economic crisis. As orders are going down by 10% to 15%, short time work becomes an issue again.
February 24, 2012
Siemens Austria Has Growth Targets
The Austrian subsidiary of the German Siemens Group builds a new factory at the Viennese sub-headquarters.
February 24, 2012
Rosenbauer Has Good Prospects
The Austrian producer of fire fighting vehicles has full order books. In 2012, CEO Dieter Siegel expects a new record in sales.
February 24, 2012
Voestalpine to Build Two Track Switch Plants in Brazil
Voestalpine AG, Austria’s biggest steelmaker, plans to build two plants for rail-track switches in Brazil this year.
February 22, 2012
Lower Sales at Rosenbauer
The Austrian producer of fire fighting vehicles registered a 9% decrease in revenues. EBIT was down by 17%, order intake was up by 66%. Basic capacity utilization secured until 2014.
February 22, 2012
Voestalpine Amends Expansion Plans
The Austrian steel producer intends to use its technologic leadership in the automotive component business for further expansion steps.
February 18, 2012
RHI Invests in Carinthia
The manufacturer of refractory products upgrades its factory in Radenthein, Carinthia for € 2.3m. The capacity at the local subsidiary grows to 80,000 tons per year.
February 18, 2012
Slight Sales Increase at Internorm
The Austrian window manufacturer recorded sales of € 311m in 2011, which is a rise of 2.0% against 2010. Exports to Germany grew disproportionately high.
February 16, 2012
Wienerberger Takes Over Pipelife
Wienerberger is acquiring the remaining 50% stake in Pipelife for € 162m. Sales will increase by € 800m.
February 15, 2012
voestalpine Remains Below Expectations
The Austrian steel company records moderately rising revenues and a small increase in earnings. EBIT is up by 2.8%, revenues grew by 11.9%.
February 15, 2012
Major Order for voestalpine
The automotive division of the Austrian steel group received orders worth € 700m.
February 14, 2012
Major Orders for Siemens Austria From Mexico and Thailand
The Mexican steel producer Tyasa ordered the construction of a completed steelworks. In Thailand, Siemens Austria builds a roller plant.
February 11, 2012
A-Tec´s Quota to Reach 30%
In July, the insolvency quota of A-Tec will be paid to creditors. The quota will range from 30% to 35%.
February 10, 2012
SLR Group Plans Major Increase in Sales
The Austrian foundry company expects to realize sales of 60m in 2011/12. In the first half year, sales were up by 24%.
February 9, 2012
Merger of Glencore and Xstrata: voestalpine Not Concerned
The Austrian steel company does not feel affected by the merger between the two major commodity corporations Glencore and Xstrata.
February 8, 2012
Montana Tech Components Acquires Croatian Aluminum Companies
The Austrian financial investor MTC takes over the two largest aluminum companies in Croatia. Turnover of the acquisition targets amount to € 240m.
February 6, 2012
Palfinger to Enter China in 2012
The Austrian crane manufacturer plans to enter the Chinese market in the first half of 2012. China will become the biggest market for Palfinger, says CEO Ortner.
February 4, 2012
AMAG to Become New Owners?
About one third of Austrian aluminum producer´s shares are for sale. Raiffeisen and B&C are potential buyers.
February 4, 2012
Gebauer & Griller to Expand Supply in India
The Indian subsidiary of the Austrian automotive component supplier Gebauer & Griller expands its production line.
February 3, 2012
Kapsch Expands in Romania
The Austrian toll system supplier Kapsch has purchased the Romanian IT service provider Squario Management s.r.l. At the same time, Kapsch has strengthened its presence in a central CEE market.
February 3, 2012
Palfinger Provides Surprisingly High Sales Figures
The Austrian crane manufacturer reports a rise in revenues of 29.7%. EBIT was up by 82.8%.
February 3, 2012
Palfinger: Rise in Sales and Profits Expected
Tomorrow, the Austrian crane manufacturer Palfinger presents figures for the financial year 2011. Sales are estimated to grow by 30%, net results should reach € 40m.
February 2, 2012
BDI Receives Major Order from USA
Austrian BioEnergy obtained order for retrofitting a U.S.-based biodiesel plant.
February 2, 2012
Major Order from Costa Rica for Andritz
The Austrian technology group Andritz was awarded a contract by the Institute of Electricity of Costa Rica.
February 1, 2012
RBI Structures Credit Facility for Chinese Company
Austrian Raiffeisen Bank International (RBI) finances delivery of the plant by Andritz-Group for Chinese Ganzhou.
February 1, 2012
voestalpine Concluded Largest Single Contract to Date
The Automotive Division of the voestalpine Group has concluded its largest single contract to date, with a leading European car manufacturer. The order volume amounts to around € 700m.
January 27, 2012
AT&S: Profits Decreasing in Spite of Higher Sales
Mobile Devices’ sales for the third quarter reached a new record high of about € 83m. Revenues for the first three quarters of the year amounted to € 372m.
January 24, 2012
Lenzing Enlarges Capacities
The Austrian fiber company plans investments of € 130m. 110 new jobs will be created. Production starts in 2014.
January 20, 2012
TGW to Expand in China and Brazil
The Austrian storage logistics supplier gained a first contract from China after having established a distribution company. In Brazil, TGW agreed on a joint venture.
January 20, 2012
RHI Takes Over Swiss Stopinc AG
The Austrian producer of refractory takes over refractory specialty producer Stopinc AG. RHI thus increase the stake held from 50% to 100%.
January 18, 2012
SBO Reports Strong Rise in Earnings
Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX market of the Vienna Stock Exchange, again posted a remarkable increase in sales and profit in fiscal 2011.
January 17, 2012
Binder Creates New Technology Company
Binder+Co AG has started the 2012 financial year with the foundation of a new subsidiary in the shape of Bublon GmbH. Binder+Co Group now consists of a total of four companies.
January 16, 2012
Lenzing Continues Supply to U.S. Army
U.S. President Obama signs permanent import approval allowing the Austrian Lenzing AG to supply flame-resistant fibers to the U.S. Army.
January 12, 2012
Wienerberger to Raise Bond Issue to € 200m
The subscription period for Wienerberger´s corporate bond runs from January 13.
January 11, 2012
Treibacher Industrie New Owner of Austria Email
The Carinthian Treibacher industrial holding raised its stake in Austria Email from 38.8% to 88.88%.
January 10, 2012
Wienerberger Issues Corporate Bond
The Austrian brick producer will issue bonds of at least € 50m in order to refinance liabilities.
January 10, 2012
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