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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
Lenzing: Strong Rise in Profits Expected
For analysts, the Austrian fiber manufacturer Lenzing will report highly satisfying results. Sales, earnings as well as profits should increase.
November 12, 2011
Treibacher Takes Over Austria Email
The Carinthian company acquires the interest from Buy-Out Central Europe II, raising its stake to 90%.
November 11, 2011
ATB Posts Loss due to Court Ruling
The former subsidiary of A-Tec lost a lawsuit and has to pay € 13.4m. EBIT amounted to € 6.1m in the period July to September.
November 11, 2011
Significant Drop in Earnings for BWT
The Austrian water technology company registered a 41% drop in EBIT during the third quarter, despite an increase in revenue of 5%.
November 11, 2011
Palfinger Reports Continued Growth
Revenue of the Austrian crane manufacturer increased by 34% in the first three quarters of 2011, EBIT more than doubled to € 52.4m.
November 10, 2011
Wienerberger Continues Growth Course in Third Quarter
Despite weakening economic sentiment due to growing uncertainty across the euro zone, the Austrian brick producer recorded a 10% increase each in revenues and operating EBITDA for the third quarter.
November 9, 2011
Andritz Reports Rise in Sales, Earnings and Profits
As expected the Austrian technology Group Andritz achieved a significant increase in all relevant financial key figures in the third quarter of 2011 compared to the previous year’s reference period.
November 8, 2011
Austrian State Print Office to Go Public
Shares of the State Print Office (Österreichische Staatsdruckerei) will be traded by November 11 in the “standard market auction” segment.
November 7, 2011
Wienerberger: Analysts See a Strong Rise in Results
The Austrian brick manufacturer will, according to analysts, report a substantial rise in sales and earnings. The figures will be presented the day after tomorrow.
November 7, 2011
Andritz: Analysts Optimistic
The Austrian engineering and technology group Andritz is expected to report a significant rise in sales, earnings and profits.
November 5, 2011
China Entry: Palfinger Under Pressure
In order to ensure the internationalization strategy, the Austrian cranes manufacturer is expected to show improvements in entering the Chinese market.
November 5, 2011
Palfinger General Meeting Supports Further Growth
The Management Board of the Austrian crane manufacturer was authorized to buy back own shares that may be used as acquisition funding.
November 4, 2011
RHI Anticipates Slowdown in Business
The negative trend could come to an end in the second quarter of 2012. In the first nine months of the current year, the Austrian producer of refractory materials increased revenues and profit.
November 3, 2011
Sale of A-Tec Problematic
The insolvent Austrian A-Tec corporation, which is currently being dissolved, faces several problems. The sale of the remaining subsidiaries Brixlegg and Emco could be delayed.
November 2, 2011
BWT Wants to Become More Visible
The Austrian water technology company knows its main problem very well. Despite a solid business and a high degree of innovation, BWT is not very well-known.
November 1, 2011
Good Prospects for AMAG
The Austrian aluminum company expects satisfying results for the third quarter of 2011. Also analysts have high sales and profits estimations.
November 1, 2011
AMAG Builds New Plant in Canada
The Austrian aluminum manufacturer participates in a CAD 1.5bn contract. AMAG´s share is 20%. The project brings a new capacity of 355,000 tons.
October 31, 2011
Full Order Books For VTA
The Austrian water technology company expects a substantial rise in sales for 2012. Recently an order from Indonesia has been recorded.
October 30, 2011
Silhouette Will Remain in Linz
For several years, the Austrian manufacturer of glasses experienced declining sales. Nevertheless, the management is optimistic.
October 29, 2011
Austria Email to be Sold
Because of the wish of its shareholders, the interest of the Buy-Out holding company could be sold soon.
October 29, 2011
High Expectations for RHI
Analysts forecast a substantial rise in sales for the Austrian refractory manufacturer. However, profits should decline, analysts state.
October 29, 2011
RHI Wins Contract with voestalpine
The producer of refractory materials and the Austrian steel company extend their existing partnership for another three years. The contract has a volume of € 24m.
October 28, 2011
Hirsch Servo Achieves Turnaround in EBIT
Total sales of the Austrian machine manufacturer and packaging supplier increased by 8%. EBIT improved by € 7.6m to € 2.2m.
October 28, 2011
Plansee Grows in Korea
With the acquisition of TCB, he Austrian Plansee Group expands in South Korea.
October 25, 2011
Lenzing Expands Capacities in China
The Austrian fiber manufacturer experiences still strong growth in China. Investments will rise significantly too.
October 24, 2011
SBO Expects „Extreme Growth“
In the long run, Gerald Grohmann, CEO of the Austrian oilfield equipment manufacturer Schoeller-Bleckmann, sees an excellent development.
October 22, 2011
A-Tec: Kovats to be Replaced
Mirko Kovats, CEO of the Austrian A-Tec, will be replaced from his positions in order to avoid further “disturbances”.
October 22, 2011
ATB Sold to Chinese Wolong Group
The Austrian ATB company, a former subsidiary of the insolvent A-Tec Group, goes to the Chinese engineering corporation Wolong.
October 19, 2011
Solution Found: Wage Increase by 4.2%
After heated debates and strike threats, representatives of the Austrian metal industry and the trade union came to an agreement.
October 18, 2011
Metal Industry: New Bargaining Rounds
The Austrian trade union of metal workers and industry representatives could avert a strike. However, a compromise is still not found.
October 17, 2011
Austrian Metal Industry: Strike Threatens
After a warning strike on Friday, representatives of the metal industry and the trade union still reached no agreement. Now, a full strike threatens.
October 15, 2011
Palfinger Aims for Growth in China
The Austrian crane manufacturer, which has recently published a capital increase, will use these funds for further investments in China.
October 15, 2011
Binder+Co Presents Promising Technology
The Austrian machine and plant manufacturer and a Chinese partner together developed a new method for production of lightweight materials.
October 13, 2011
Palfinger Plans Capital Increase
The Austrian crane producer is gearing up for further growth. An extraordinary General Meeting has been called for 3 November.
October 13, 2011
Bargaining Suspended – Metal Workers Take Industrial Action
Employees of more than 140 Austrian companies went on strike after negotiators had failed to agree on wage increases.
October 13, 2011
Greiner Packaging Expands its Network in Romania
The Austrian packaging producer took over the major share of S.C. Amplast Co S.A. from a group of private owners.
October 13, 2011
Zumtobel Invests in New Production Facilities
The Austrian lighting company expands its capacities as part of the company’s global growth strategy. Internal plans for up to 200 new jobs by 2020.
October 11, 2011
Chamber of Labor Claims Substantial Wage Increase
The Austrian Chamber of Labor calls for a massive rise in wages for metal workers. The union refers to increase profits of the metal industry.
October 10, 2011
NKE Expands in Spite of Stagnation
The Austrian engineering company invests massively and created further jobs. The entry to China should bring growth again.
October 10, 2011
ATB is Optimistic to Find a New Buyer
The subsidiary of the insolvent A-Tec corporation is looking for a new owner. Now, it is important to find a quick solution.
October 10, 2011
Kovats Blames Creditors and Penta
Mirko Kovats, CEO of the A-Tec group, makes the Czech investment group Penta and the banks responsible for the failed restructuring plan
October 4, 2011
Cooperation Between Kapsch and Asfinag Extended
Austrian Kapsch TrafficCom and Asfinag Mautservice GmbH set out a framework agreement on the operations and maintenance contract for the nationwide electronic truck toll collection system in Austria until the end of 2018.
October 4, 2011
Potential for Austrian Suppliers in Spain
The Austrian AWO started a market exploration journey to Spain in order to create first business contacts. In the first term of 2011, exports to Spain grew by 6.6%.
October 3, 2011
A-Tec: Investors Call Kovats to Resign
The founder and CEO of the Austrian technology group A-Tec Mirko Kovats comes under fire. Wilhelm Rasinger from the Austrian investor´s representation asks Kovats and the liquidator Matthias Schmidt to step down.
October 3, 2011
Chinese Interest for ATB
After the collapse of the takeover of A-Tec, the subsidiary has to be sold separately. The Chinese Wolong group plans to acquire the Austrian automotive company.
October 1, 2011
A-Tec to be Dissolved
The Austrian technology company, which should have been sold as a whole, could not find a buyer. The remaining assets will now be offered separately.
October 1, 2011
RHI Buys Irish Raw Materials Producer
The Austrian producer of refractory materials takes over Premier Periclase Ltd. for a price of € 21m.
September 30, 2011
Tiger Coatings Continues Expansion in China
The Upper Austrian producer of industrial coatings will open a new plant in western China. Group turnover will amount to € 175m in 2011.
September 30, 2011
Kresta Takes Over Swiss Buss ChemTech
The newly acquired company will become the technology center of the Austrian plant building company.
September 30, 2011
Hirsch Servo Implements Long-Term Financing Plan
The Austrian machine manufacturer and packaging supplier reached an extension of the terms for its long-term loans.
September 30, 2011
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