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

Austria: Kapsch Delivers Warning to Policy-Makers

Georg Kapsch, President of the Federation of Austrian Industries (IV), is very cautious about economic growth in Austria and warns the policy-makers of a budget consolidation on the basis of expectations of growth.

December 27, 2013

Austria: Industrial Output Shrinks

In October the industrial production in Austria declined.

December 23, 2013

Voestalpine to Construct New Plants in China

The Austrian steel manufacturer will invest € 450m in new facilities and plans to triple revenues until 2020.

October 28, 2013

German Rail Manufacturing Plant of Voestalpine to be Closed

At the end of October voestalpine will shut down its rail manufacturing plant TSTG Schienen Technik GmbH & Co KG in Duisburg, Germany.

October 21, 2013

Austrian Industrial Sector Well Positioned in International Competition

In 2012, the Austrian industrial sector was well positioned in the international competition, according to a study by the Austrian Institute for Economic Research (Wifo).

October 14, 2013

Trade in Austria Has Increased Since Opening of CESEE Market

Today the Austrian Institute for Economic Research (Wifo) published the “Analysis of the Austrian Balance of Trade“ on behalf of the Economic Ministry.

October 10, 2013

Eurozone: Inflation Drops to 1.1 Percent

According to first estimates by Eurostat, the Eurozone shows the lowest inflation rate in more than a year. Only twelve months ago the inflation rate was at 2.7 percent.

September 30, 2013

RHI: Growth Plans in Emerging Markets

Franz Struzl, CEO of producer of fused cast refractories RHI, announced that the long-term strategic corporate goals were still relevant. However, it is not clear when the targets will be reached.

September 24, 2013

Poland: Warsaw Stock Exchange to Introduce WIG30

The new index covers thirty enterprises instead of formerly twenty and reduced the dominance of the banking industry.

September 23, 2013

Romania: Austrian Investors Demand Transparency

In an interview with Business Review Romania, Rudolf Lukavsky, commercial counselor for Romania and Moldova at the Austrian Embassy described the downsides and advantages of the economic environment in the country.

September 17, 2013

Turkey: Industrial Turnover Index Grew 14.8 Percent

The statistical office of Turkey announced that the Industrial Turnover Index in July increased by 14.8 percent compared to the same month in 2012.

September 13, 2013

Eurozone: Industrial Production Decreased 1.5 Percent

Industrial production fell in fifteen EU member states.

September 13, 2013

Austria: voestalpine Sells its Interest in VA Intertrading

The voestalpine Group announced today that over the next three years it will gradually sell its 38.5% interest in VA Intertrading to an investor.

September 13, 2013

Turkey: Strong Industrial Production at Start of Q3

Turkey saw a strong industrial production at the start of the third quarter, according to official data, which gives hope for an improved economic growth as the country is facing more and more economic difficulties.

September 10, 2013

Romania: Industrial Sales Increased 4.7 Percent in 2013

Romania’s industrial sales increased 4.7 percent in the first seven months.

September 9, 2013

Eurozone: Slight Increase of Industrial Production

Cyprus and Croatia record the largest decrease in industrial production among EU member states.

September 3, 2013

Austria: Loss in Profits for Zumtobel

Zumtobel AG 1st Quarter Report (May – July 2013): Zumtobel Group reports substantial improvement in operating earnings.

September 3, 2013

Zumtobel: CEO Sommerer Resigns

After disputes about a new corporate strategy, the lighing producer sees a change of personnel in the board of managers. Ulrich Schuhmacher is becoming new CEO.

August 23, 2013

Eurozone: Strongest Growth Rates in Two Years

The Eurozone continues to recover. Businesses in industrial production and in the service sector increased to a new high in more than two years. However, growth in both sectors is still not enough for the creation of new jobs.

August 22, 2013

Austrian Zumtobel Sells Factory in Australia

Because of abandoning of a business area, Tridonic, affiliate of Austrian light producer Zumtobel, sells its magnetic plant in Melbourne.

August 21, 2013

Ukraine Remains in a Recession for a Year

In the second quarter of 2013 GDP contracted by 1.1 percent on a year-on-year comparison basis.

August 20, 2013

Russia: Rusal to Slip into the Red

Russian metal giant Rusal has to decrease production by 357,000 tons this year due to a drop in prices in aluminium. The company now hopes for state subsidy.

August 19, 2013

Wifo: Economic Growth with Brakes On

Economic upswing will take time. Considering the individual branches an uneven picture emerges.

August 9, 2013

Zumtobel: New energy management for more efficient operations

Tridonic site in Dornbirn achieves ISO 50001 certification

August 8, 2013

Palfinger: Revenue and EBIT Slightly Higher in 2013

Palfinger continued to profit from internationalization in the first half of 2013

August 8, 2013

AMAG: Sales and Net Income Down

Due to the declining aluminum price, the Austrian aluminum producer posts smaller profits. All divisions working at full capacity.

August 2, 2013

Significant Increase in Serbian Exports

Serbia's exports rose 6% and imports 4.1%.

August 1, 2013

Zumtobel Takes Over Chinese Affiliate

Listed light manufacturer Zumtobel Group has taken over the stakes of joint-venture partner Thorn Lighting Tianjin Limited.

July 29, 2013

Voestalpine: Cartel Proceedings Finally Settled

voestalpine AG response to the German Cartel Office's rail cartel announcement issued yesterday.

July 24, 2013

Austria: Increased Demand in Romanian Exports

For the first time, Austria has imported goods from Romania exceeding the amount of € 1bn. Metals and machines are on top of the list of imported Austrian goods in Romania.

July 24, 2013

Siemens Austria Plans Radical Job Cut

The Austrian subsidiary of the German technology group wants to reduce its workforce.

July 16, 2013

Eder Appeals for Reindustrialization in Europe

In an interview with Austrian daily „Kurier“, Wolfgang Eder, CEO of Austrian steel producer voestalpine talks about the future of the European steel industry and the differences to the US energy policy.

June 20, 2013

Siemens VAI Lands Major Contract in China

Tangshan orders cold rolling complex from Siemens.

June 18, 2013

Austria: Highwater Damages Higher Than in 2002

A surface of 22,000 hectars was flooded in Austria. The Chamber of Agriculture estimates damages to be highter than during the last major flood in 2002.

June 14, 2013

Bulgaria: Sofia One Of Best European Destination for Manufacturing

The Bulgarian capital Sofia was labeled as one of the best destinations for opening a manufacturing plant in Europe.

June 13, 2013

EU Commission to Support Steel Industry

EU Commissioner for Industry Antonio Tajani has presented the annouced steel action plan.

June 12, 2013

Major Contract for Andritz in Switzerland

Andritz to modernize Innertkirchen 1 and Handeck 2 hydropower stations, Switzerland

June 11, 2013

Siemens VAI to Modernize Ukrainian Steel Plant

The signing of a major contract in Ukraine for Upper-Austrian industrial plant construction company Siemens VAI is in its final steps.

June 10, 2013

Voestalpine to Take Over Trafilerie di Cittadella S.p.a

Voestalpine extends its welding technologies product portfolio with an acquisition in Italy.

June 3, 2013

Siemens to Cut 1,000 Jobs in Austria?

No official figures were disclosed. However, there are “programs”, which have to be negotiated with employees, according to a spokesman.

May 24, 2013

Austria: Biggest Investor in Serbia

Serbia encourages Austrian enterprises to further invest in Serbian industries.

May 16, 2013

Voestalpine Hopes for Participation in South Stream Project

CEO Eder announced the Austrian Steel Manufacturer was leading “intensive” talks with Russian energy company Gazprom.

May 16, 2013

Rosenbauer: Out of Court Settlement Reached

Rosenbauer and two other manufacturers have signed a settlement agreement with the German municipal umbrella organizations providing for out-of-court restitution in connection with the fire fighting vehicle cartel in Germany.

May 14, 2013

Zumtobel: Factory Expansion Despite JCL Exit

Zumtobel stands by outsourcing of logistics despite JCL exit.

May 14, 2013

EU Commission: Action Plan for Steel Industry in Europe

During his visit to Linz, EU Commissioner for Industry and Entrepreneurship Antonio Tajani announced measures for the steel industry in Europe.

May 7, 2013

AMAG: Slight Decrease in Sales in Q1 2013

Sound earnings despite strong decline in aluminium price.

May 7, 2013

RHI: US Proceedings Completed

Chapter 11 proceedings of the US companies deconsolidated in 2001 completed

May 2, 2013

Germany: Upgrade and Expansion at Zumtobel Plant in Usingen

Lighting manufacturer invests 1.2 million euros in energy concept and factory hall expansion. Annual energy savings of approx. 25 per cent. EU Green Building certification applied for.

May 2, 2013

Kapsch TrafficCom Lands Important Contract in Poland

Kapsch wins another important railway communications contract in Poland

April 29, 2013

Voestalpine: Compensations for Deutsche Bahn

Deutsche Bahn (DB) is to receive compensations by Austrian steel manufacturer voestalpine.

April 29, 2013