Vienna International Industrial Goods Industry News

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

Voith Hydro Receives Major Order from Russia

The plant manufacturer was awarded a contract for modernization of a Russian hydro power station. Presence in the country will be expanded through a joint venture.

September 29, 2011

Tann´s Export Quota Reaches 100%

The Austrian special paper manufacturer benefits from the economic upswing in Eastern Europe. Exports are booming.

September 27, 2011

Lenzing Confirms Weninger as CEO

The Austrian fiber manufacturer Lenzing Extends Management Board Mandate of Friedrich Weninger.

September 27, 2011

Metal Workers Start Autumn Bargaining Round

Salaries of 190,000 employees in the metal industry will be negotiated. Trade unions demand substantial increases.

September 22, 2011

Andritz Acquires NSC Nonwoven, France and China

Austrian technology Group Andritz has signed a contract to acquire NSC Group’s nonwoven division encompassing its affiliates Asselin-Thibeau (Elbeuf, France) and NSC Wuxi (Wuxi, China).

September 21, 2011

Rising Sales for Bene

The Austrian office furniture manufacturer Bene could further expand its operations and turn the earnings positive.

September 21, 2011

Andritz to Supply Hydropower Equipment to Norway´s Statkraft

The Austrian Andritz Hydro has received a major order from Çetin Enerji A.S., a subsidiary of Norway's state owned electric utility company Statkraft,

September 21, 2011

A-Tec Sale: Penta Sues

The Czech-Slovak investment consortium Penta, which made a bid in the A-Tec sale, sues against the award for the competitor Contor Industries.

September 20, 2011

New Austerity Measures at RHI

The new CEO of the Austrian refractory manufacturer RHI, Franz Struzl, insists on the expansion to BRIC-countries and the sales target of € 2.0bn.

September 19, 2011

AMAG to Expand Capacity of Canadian Smelter

The Austrian manufacturer of aluminum products is currently negotiating the project with four partners.

September 16, 2011

RHI to Start Production in Brazil in 2013

The Austrian producer of refractory materials invests € 85m in a first step. The new plant will have an annual production capacity of 60,000 tons.

September 15, 2011

Hammerer Aluminium: € 8.5m Investment for Austrian Industrial Location

The aluminum company Hammerer Aluminium Industries (HAI) enlarges the headquarters location in Ranshofen, Austria.

September 13, 2011

Marzek Etiquettes Expands in Ukraine

The Austrian manufacturer of etiquettes takes over the Ukrainian subsidiary by 100%.

September 13, 2011

Austrian Textile Industry is Optimistic

The Austrian Chamber of Commerce sees a positive development in the domestic textile industry, especially in the export sector.

September 12, 2011

Miba Reports Strong Growth in Sales

The Austrian component supplier achieved a sales increase of 38.5% in the first half of FY 2011/12. EBT amounted to € 28.6m, slightly higher than in the previous year.

September 9, 2011

RHI AG: Change in the Management Board

Henning E. Jensen informed the Supervisory Board of RHI AG today that he will resign, with immediate effect, from his function as the CEO of RHI AG on his own request.

September 7, 2011

Lenzing Group: Capacity expansion completed at the Heiligenkreuz/Burgenland plant

The Lenzing Group has successfully completed its capacity expansion drive initiated three years ago at the fiber production facility located in Heiligenkreuz (Burgenland, Austria).

September 7, 2011

Slight Decrease in Profits for Zumtobel

The Austrian lighting company reports rising revenues in the first quarter 2011. Profits are declining.

September 6, 2011

A-Tec Accepts Offer of Contor Industries

After several months of negotiations a decision has been made: The group will be split up, ATB and Montanwerke Brixlegg will be sold to foreign investors.

September 5, 2011

voestalpine Merges Subsidiaries in the Automotive Division

The structural parts group of the Austrian steel company’s automotive division is united within voestalpine Stamptec.

September 1, 2011

C.A.T. oil: EBIT Burdened by Higher Depreciation Expenses

The Lower-Austrian provider of oil and gas field services reported mixed results. Revenues increased by 24.4%, EBIT declined by 19.4% to € 10.0m.

August 30, 2011

HTI Continues Positive Development in Second Quarter

The Austrian technological group recorded a plus in revenues of 7.1% in half-year comparison. The net result improved by € 3m to € 2.2m.

August 29, 2011

Palfinger Closes Acquisition of Russian Inman

The Austrian crane producer completed the takeover of its Russian competitor. The deal is regarded as an important step in the company’s growth strategy in the CIS area.

August 26, 2011

A-Tec: Supervisory Board Postpones Decision to September

A decision on the sale of the insolvent conglomerate will not be taken before 2 September. Penta Investments is irritated by the offer of a competing bidder.

August 26, 2011

Rosenbauer: CEO Wagner Retires

The boss of the Austrian manufacturer of fire fighting vehicles draws the consequences from the company’s involvement in cartel agreements on the German market.

August 26, 2011

Strong Profit Increase for Frauenthal Group

The Austrian component supplier reported growing revenue for the period from January to June. Net profit more than doubled to € 6.1m.

August 24, 2011

Industry Raises Alarm over Lack of Technicians and Apprentices

voestalpine CEO Eder and WKÖ president Leitl call for measures against the shortage of skilled personnel. They want to increase the attractiveness of technical jobs and raise the retirement age.

August 23, 2011

German Municipalities to Sue Rosenbauer

After the antitrust fine of € 10.5m, the Austrian manufacturer of fire fighting vehicles might face damage payments to German municipalities. CEO Wagner refuses to step back.

August 23, 2011

Outstanding Results for Lenzing

The Austrian fiber manufacturer increased sales by 31% to more than € 1bn in the first six months of the year. EBIT almost doubled to € 199.2m.

August 23, 2011

Major Order from Russia for C.A.T. oil

The Lower-Austrian provider of oil and gas field services received new orders worth € 70m in Russia. The order book volume grew to € 239m.

August 19, 2011

FACC to Build Construction Plant in Russia

The Upper Austrian aircraft component manufacturer and its Russian partner invest a total of € 55m in Kazan. The new plant will supply components for commercial aircraft starting from 2013.

August 18, 2011

voestalpine Meets Expectations and Confirms Guidance

The Austrian steel company recorded continuing growth in the first quarter of FY 2011/12. Uneasy financial markets and the national debt crisis remain risk factors.

August 18, 2011

Rosenbauer Receives Record Order from Brazil

The Austrian manufacturer of fire fighting vehicles will outfit Brazilian airports with 80 Panther ARFF ready for Football World Cup 2014. It is the biggest single order for this vehicle in the company’s history.

August 18, 2011

SBO Tripled Profit

The Austrian oilfield equipment company presented strong half-year results. Sales went up 52%, EBIT increased from € 14.2m to € 40.1m.

August 18, 2011

Binder+Co Moves Up a Gear in the First Half of 2011

The Austrian machine and plant manufacturer achieved significant growth in the first six months of the year. EBIT increased from € 2.24m to € 3.03m.

August 17, 2011

Lenzing Nanjing Starts Up New Fiber Production Line

With the opening of the new line, the Austrian fiber manufacturer almost doubled its production capacity in China to 140,000 tons per year.

August 16, 2011

Constantia Flexibles Acquires Turkish Asaş

The subsidiary of Constantia packaging took over 93% of the Turkish company. The deal has already been approved by the cartel authorities.

August 11, 2011

ATB Returns to Profitability

The subsidiary of the insolvent A-Tec group achieved an increase in revenue of 18% in the first half of the year. EBIT turned positive to € 9.9m.

August 10, 2011

Palfinger with Considerable Growth in First Half of 2011

Revenue of the Austrian crane manufacturer increased by 39.3%, EBIT more than doubled to € 36m.

August 10, 2011

Semperit: Revenue and Earnings Increase in First Half of 2011

Revenue increased by 23% to € 406m. EBIT up to € 42m despite margin pressure. Earnings after tax rose 16% to almost € 26m.

August 9, 2011

Suspicion of Price Fixing in Building Material Industry

Inspections have taken place at several companies since the beginning of the week. Big players of the industry are also under suspicion.

August 4, 2011

RHI: Lower Operating Result despite Record Revenues in Second Quarter 2011

The Austrian producer of refractory materials reported an increase in revenues of 9.7%. Operating result amounted to € 40.0m.

August 4, 2011

AMAG Expects Record in Profitability

The Austrian manufacturer of aluminum products reported a strong development in the first half of 2011. Sales were up 21%, EBIT grew by 18% to € 59.9m

July 29, 2011

Pankl Acquires US-Based Superior Crankshaft

The Austrian component supplier takes over 100% of the American crankshaft producer which was also founded by Gerold Pankl.

July 27, 2011

German Rail Cartel: Increasing Pressure on voestalpine

The German Federal Cartel Office made new inspections at a local subsidiary of the Austrian steel company. According to press reports, price fixing on the German rail market continued until 2011.

July 20, 2011

Binder+Co Takes Over Italian Mechanical Engineering Company

Through the acquisition, the Austrian machine and plant manufacturer enlarges its portfolio and expands its sales network in the Mediterranean region.

July 12, 2011

Strong Development of Exports in Austrian Machinery Industry

In the first three months of the year, Austrian enterprises exported machinery and metalware for € 6.04bn. Germany is the main trading partner of the industry.

July 11, 2011

Palfinger Takes Over Russian Inman

The Austrian crane manufacturer acquires its leading Russian competitor. Inman will generate revenue of € 20m this year.

July 11, 2011

Plansee Group Achieved Sales Record

The Austrian provider of metallurgically manufactured products increased revenue by 46%. A new factory near Shanghai is scheduled to start operation in 2012.

July 7, 2011

RHI: Plans for New Plant in the US

The Austrian producer of refractory materials intends to open a new factory in the US. In the long run, bricks for the North American market will be produced locally.

July 4, 2011