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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
voestalpine is the Leniency Applicant in the German Rail Cartel
The Austrian steel company applied for leniency in the case of anti-competitive practices in the German rail tracks market. The group expects to be exempted from any fines.
July 1, 2011
Wienerberger Received Green Light for Tondach Acquisition
The Austrian brick producer will transfer 50% of the shares in Bramac to Monier Group and, in exchange, receive a further 25% stake in Tondach Gleinstätten plus an additional payment.
June 30, 2011
Zumtobel Achieved Turnaround
The Austrian lighting company announced strong results. Revenues increased by 10.2%. Net profit for the year is firmly back in the black at € 51.3m.
June 27, 2011
RHI Confirms Outlook and Rules Out Capital Increase
The Austrian manufacturer of refractory materials expects a moderate increase in revenues. A capital increase is not planned in the near future.
June 22, 2011
Bene: Reduced Operating Loss in the First Quarter
The Austrian office furniture supplier achieved an increase in sales of 18.5% . The management still expects a slightly negative result for the full business year.
June 22, 2011
Emerging Markets Boosting FACC
The Austrian aircraft component manufacturer relies on joint ventures in order to benefit from strong growth in emerging markets.
June 20, 2011
Wienerberger Plans New Bond Issue
The Austrian brick producer plans to issue a bond with a volume of € 100m and a seven-year term. Proceeds will be used for refinancing of liabilities and general corporate financing.
June 16, 2011
Constantia Packaging Starting the Sale of Duropack
The industrial holding will sell the board manufacturer Duropack for an estimated price of € 550 to 650m. The plan is received with great interest by Austrian and international groups.
June 15, 2011
Bene: Change in the Composition of the Management Board
Thomas Bene resigns from the board after having worked for the Austrian furniture company for 17 years.
June 10, 2011
Miba Continues Its Growth Course
The Austrian component supplier’s level of orders reached a peak of € 260m. Sales increased by 41.5% to € 138.7m in the first quarter.
June 10, 2011
Hirsch Servo Still in the Red
The Austrian machine manufacturer and packaging supplier improved its results in the first three quarters of the financial year. Operational turnaround is still planned for 2010/11.
May 31, 2011
C.A.T. oil: Results Influenced by Diversification into Third Core Business
The Lower-Austrian provider of oil and gas field services registered a net loss of € 1m due to high tax expense. Revenues increased by 29.4% yoy to € 61m.
May 30, 2011
Rosenbauer Slightly Below Expectations
The Austrian company manufacturing fire fighting vehicles reported revenues of € 107.3m in the first quarter of 2011. Analysts expected € 108.5m.
May 24, 2011
FACC: New Production Plant in China
The Austrian aircraft component manufacturer is planning the construction of a new site and considering going public soon.
May 23, 2011
Sales Decline for Bene in the Financial Year 2010/11
The Austrian office furniture company reported a sales drop of 4.7% for the last year. EBIT improved from € -14.0m to € -8.2m.
May 19, 2011
Binder+Co Starts 2011 with Strong First Quarter Growth
The Austrian machine and plant manufacturer began the 2011 financial year in a successful manner. Company sales revenues were some 44% higher at € 17.34m, EBIT more than trebled to € 1.10m.
May 18, 2011
Strong Growth Rates for Schoeller-Bleckmann
The Austrian oilfield equipment company recorded strong results in the first quarter. Sales went up by 81.8%, EBIT quadrupled to € 20m.
May 18, 2011
Signs of Recovery at A-Tec
The insolvent company showed a satisfactory development in all divisions in the first quarter.
May 13, 2011
RHI: Expansion of European Raw Material Supply through Acquisition
RHI signed a contract to acquire SMA Mineral Magnesia AS (SMA), Norway.
May 12, 2011
Strong Sales Growth for RHI
Revenues of the RHI Group amounted to € 413.8 m in the first quarter of 2011, up 20.9% on the reference quarter of 2010. In the Steel Division revenues grew by 20.1%, in the Industrial Division by 23.3%.
May 12, 2011
A-Tec Restructuring Plan Confirmed
With a quota of 47%, the restructuring plan of the insolvent A-Tec was confirmed.
May 12, 2011
Strong Results for Lenzing AG
The Austrian fiber manufacturer could record the best quarterly results in the company´s history. EBIT rose by 83.6% compared to Q1/2010.
May 11, 2011
Siemens Manufactures Parts for a New Train Generation in Graz
Siemens manufactures components for 130 new trains for the Deutsche Bahn (DB-German Railways) until 2030 in Graz. The contract is worth € 6.0bn.
May 11, 2011
Bosch Group Continues Growing in Austria
Bosch has had a good start in Austria in its anniversary year 2011 and continues having favorable growth prospects. Sales rose by 9%.
May 11, 2011
Palfinger: Rise in Revenues by 48% in Q1/2011
Huge plus in revenue and earnings recorded in the first quarter of 2011. The Austrian crane manufacturer expects further growth for 2011.
May 10, 2011
Semperit Announces Earnings and Sales Growth
Revenue increase of +27% to € 194 m - rising costs of materials increased pressure on margins - Earnings after tax up +20% to € 11 m
May 10, 2011
Wienerberger: Improvements, But Still Losses
Group revenues: up by 41% to € 395.1 m. Operating Profits could increase significantly. Net Losses amount to € 45.1m.
May 10, 2011
Infineon Makes an Investment for € 200m in Austria
The German technology group has announced that it intends to create 400 new jobs in Austria. The semiconductor production is to be expanded.
May 7, 2011
Optimism at AT&S
The Management Board expects developments of the increasing prevalence of electronic systems in everyday life to deliver above-average benefits for the AT&S Group.
May 6, 2011
Profit Decline for BWT
Results of the first three months 2011: Sales +3.2% to € 115.6 m, EBIT -20.2% to € 6.2 m, net income -33.8% to € 3.6 m
May 6, 2011
Andritz: Good Business Development in the First Quarter of 2011
The Austrian technology Group increased all relevant key figures compared to last year’s reference period.
May 6, 2011
Austria Tabak Plant Closes Down
Austria Tabak will close the cigarette factory in Hainburg. 320 jobs will be lost.
May 6, 2011
Miba Engine Running at Full Speed
The Austrian component supplier could significantly increase its results. EBIT could rise more than threefold. Investments are pushed strongly.
May 5, 2011
Better Results for Lenzing
The Austrian pulp manufacturer Lenzing expects better performance in 2011 than originally forecast.
May 5, 2011
Tondach Gleinstätten is Awarded Exclusive Contract in Russia
Tondach Gleinstätten AG is awarded the contract for the supply of roofing materials for the Olympic project "Sochi 2014”
May 3, 2011
Profit growth for Frauenthal
The supplier firm reported a sales increase of 22%; profit ratios increased significantly.
May 3, 2011
AMAG Group Records Strong Sales and Revenue Growth
Sales rise 27% to € 214.6 m (Q1 2010: € 168.6 m) EBITDA rises 15% to € 35.9 m from € 31.1 m.
May 3, 2011
Rise in Sales and Profits for Linz Textil
"Our profits did not just rise, they exploded", CEO Dionys Lehner stated.
May 2, 2011
voestalpine Awarded Major Contract in London
20.000 tons of pre-cut heavy-plate shapes from Linz, Austria, for windpark near London. Offshore wind tower project saving up to 560,000 tons of CO2 emissions.
April 30, 2011
FACC Reports Substantial Rise in Earnings
FACC AG returned to its planned rate of growth during the past fiscal year by virtue of strong operational business developments. Revenue rose 8% to € 272 m (previous year: € 251 m).
April 30, 2011
High Tech Industries Achieves Turnaround
HTI High Tech Industries AG ("HTI"), currently listed in the mid market of the Vienna Stock Exchange, generated significant earnings growth in the first quarter of 2011.
April 29, 2011
Doppelmayr Scores € 105m Contract
Doppelmayr Italia GmbH was awarded the contract for the construction of the new ropeway on the Mont Blanc.
April 29, 2011
Optimism in Austria's Textile Industry
Austria's textile, garment, footwear and leather industry (TBSL) recorded more employees and annual sales above € 4bn in 2010. However, massive increases in raw material prices are cause for worry.
April 28, 2011
SW Umwelttechnik Reports Satisfying Rise in Sales
Sales of the Austrian technology company were up by 12%. The company completed its first major export projects in Bulgaria and Moldova.
April 28, 2011
Christof Holding AG Takes over BEA Electrics from bluO
With the acquisition of 100 % of Vienna-based BEA Electrics, the Styrian Christof Holding AG, which is wholly owned by the Christof family, continues its expansion.
April 27, 2011
Teufelberger Becomes Supplier of Automotive Industry
The specialty cable manufacturer from Upper Austria is undertaking its first steps to establish itself in the automotive supplier industry.
April 27, 2011
Every second Company Concerned by Crisis in Libya and Japan
According to a survey in Upper Austria, 46% of the companies are concerned by the rise in commodity and energy prices or by supply bottlenecks in the electronic industry.
April 23, 2011
Interest in Acquiring A-Tec
The Austrian restructurer Erhard Grossnig is interested in acquiring parts of the insolvent A-Tec Group.
April 22, 2011
Banner on Growth Course
The Upper-Austrian manufacturer of car batteries could raise its sales up to € 225m. Investments of € 20m are planned.
April 22, 2011
ATB in Severe Turbulences
Losses of the Austrian A-Tec subsidiary will probably exceed half of the share capital.
April 22, 2011
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