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

Rise in Earnings for Palfinger

The Austrian crane manufacturer records a 29-percent plus in revenues for 2010. For 2011, the company shows an optimistic outlook.

January 25, 2011

Upper Austrian Manufacturing Industry on Investment Course

AMAG and Lenzing show ambitions to be listed again on the Vienna Stock Exchange. Energie AG massively increases its investment budget.

January 21, 2011

voestalpine: Increased Employee Participation Possible

For the CEO of the Austrian steel group, Wolfgang Eder, the increase of the participation from the current 13.3% to around 16% is envisaged.

January 21, 2011

A-Tec Sells AE&E India

The insolvent Austrian group belonging to Mirko Kovats is being gradually separated from its stakes. AE&E India goes to the Korean Doosan.

January 19, 2011

SBO: Increase in Profits by 79%

The Austrian Oilfield equipment manufacturer Schoeller-Bleckmann (SBO) announces increasing sales as well as profits.

January 18, 2011

Recovery is in Sight for Keba

The Austrian automation manufacturer regains its pre-crisis levels, in particular through exports to growth markets.

January 18, 2011

OMV Pulls its Staff out of Tunisia

Due to the recent developments in Tunisia, the Austrian OMV pulls back to a large extent. The cardboard manufacturer Mayr-Melnhof stays on.

January 18, 2011

Slight Decline in Furniture Exports

Austria's furniture industry shows itself cautiously optimistic despite a slight decline in exports and expects production increases.

January 18, 2011

A-Tec Sells Subsidiary in Germany

Austrian A-Tec Industries AG has agreed to sell the German Doerries Scharmann group.

January 18, 2011

Slow upward trend in Austria's trade and handicrafts

For 2010, KMU-Forschung Austria expects slight sales increases. Support for research projects will be supported in future.

January 13, 2011

Smurfit Kappa Nettingsdorfer Reports Production Record

The paper manufacturing company reports increasing production numbers. However, sales are decreasing substantially

January 7, 2011

Austria's Material Goods Production Increases Massively

The production trend in the manufacturing and construction industry shows a positive effect in September 2010. Sales increased by 10.3%.

December 31, 2010

A-Tec: Restructuring Plan Accepted

The survival of the Austrian A-Tec is provisionally secure. An investor has to be found until mid-year.

December 30, 2010

A-Tec: Significant Increase of Quota is Probable

According to what is being heard about the negotiations of the creditors, it is clear that the quota should be increased. The vote on the restructuring plan takes place on Wednesday.

December 28, 2010

Voestalpine: Franz Rotter taking over from Claus Raidl

Already on Monday 31st March 2010 the Supervisory Board of voestalpine AG appointed Mr. Franz Rotter to the Management Board of voestalpine AG, with effect from 1st January 2011.

December 27, 2010

NXP Sells Sound Solutions Business

The major electronic company NXP moves to the Styrian Gratkorn. The former Philips-subsidiary has sold its division for speakers located in Vienna, Austria.

December 26, 2010

Change in Magna´s Management

The Austrian-Canadian component supplier announces a change in its Board of Directors. Belinda Stronach leaves.

December 22, 2010

BWT Speeds up Investment

BWT, an Austrian leader in water technology, is starting an extensive investment programme into brand and infrastructure.

December 22, 2010

Success For Siemens Austria in Norway

The Austrian Subsidiary of the German technology group received orders of 32 ecological threepart subway-trains for the Norwegian capital Oslo.

December 22, 2010

Order for Over € 100m for Voestalpine

The Austrian steel company receives an order for over € 100m by Daimler Trucks.

December 20, 2010

A-Tec Has to Divest Itself of Holdings

In the course of restructuring, several holdings of the insolvent conglomerate are sold in order to achieve an appropriate quota.

December 20, 2010

Further Increases in Prices of Industrial Goods

Increase in industrial producer prices in October 2010 is, according to Statistik Austria, +4.0% compared with the same month last year.

December 20, 2010

Decline in sales at Siemens Austria

Sales have dropped by 20% but the profit situation is stable. Orders have improved by 14%.

December 16, 2010

voestalpine: Change in Executive Board

The Supervisory board has decided the succession of executive board member Mülner. His successor as head of the Railway Systems Division is Franz Kainersdorfer.

December 16, 2010

Cooperation Between Korean LG and Austrian Zumtobel

LG Innotek and Zumtobel Group conclude LED cooperation agreement.

December 15, 2010

Bene Still Reports Losses

The Austrian manufacturer of office furniture reports an increase in sales by 10.2% in Q3 2010. Sales in Germany dropped by 18.5%. UK market perfomed well.

December 15, 2010

ATB Group Still Records Losses

The A-Tec division ATB publishes its results for the first nine months: declining sales and losses.

December 14, 2010

Lenzing Expands Fiber Production Capacity

The Lenzing Group, an Austrian actor in man-made cellulose fibers, sets the course for the future expansion of its fiber production capacity.

December 13, 2010

Miba Increases Both Sales and Earnings

At € 313.7m, revenue of the Austrian component supplier is up 37 percent from the previous year. Number of employees of the Miba Group up by 20 percent.

December 10, 2010

Mayr-Melnhof: Bankruptcy in Switzerland

The Austrian manufacturer of packaging materials is preparing bankruptcy proceedings for the Swiss sawmill in Ems.

December 8, 2010

Kovats Has to Increase Quota

The remaining divisions of the insolvent A-Tec Group are being valued. Kovats will not be able to avoid an increase of the quota for the creditors.

December 8, 2010

Kovats Remains CEO of A-Tec for the Time Being

Despite the resignation offer to the creditors Mirko Kovats, majority owner and founder of bankrupt A-Tec, stays on as CEO.

December 6, 2010

Sattler AG Expands to the U.S.

The Austrian specialty textiles manufacturer based in Graz, acquires the American brand Outdura in North Carolina.

December 6, 2010

Andritz Criticized Because of Belo Monte Hydroelectric Power Plant

After being sharply criticized by church organizations because of a construction project in Brazil, the plant manufacturer now turns to the public.

December 6, 2010

Voestalpine: Doubling of Sales in Five Years

By 2015, the Chairman of the Board of the Austrian steel group, Wolfgang Eder, intends to achieve sales over € 15b billion through expansions.

December 6, 2010

Zumtobel Announces Increasing Profits

Dynamic components business brings Austrian lighting group 60% increase in Profits. Revenues were up by 8%.

December 2, 2010

Kapsch TrafficCom Increases Revenues by 85%

In contrast to negative earnings in FY10-H1, Kapsch TrafficCom Group, listed on the Vienna Stock Exchange, recorded clearly positive earnings in FY11-H1.

November 26, 2010

Insolvency of AE&E

No agreement over the purchaser of the AE&E subsidiary could be reached. However, Andritz is still considered as a prospective buyer.

November 26, 2010

AE&E: Next Insolvency is Coming Up

A subsidiary of the insolvent AE&E group in Raaba is negotiating with the Styrian plant manufacturer Andritz. They have time until Friday.

November 25, 2010

Hirsch Servo Still Records Losses

Sales were up by 27% in the first quarter. Hirsch already experiences an upward trend, the turnaround is expected in 2011.

November 25, 2010

Tann Paper Opens Factory in Russia

The Upper-Austrian company makes its initial step in Russia. Further investments are possible.

November 23, 2010

Pankl Announces 2009/10 Results

The Styrian Engineering Company records a slight fall in revenues. EBIT grew by 94%.

November 22, 2010

Rosenbauer Group Announces Q1-Q3 2010 Results

Revenues rose by 9.6%, EBIT is 22.4% above the level of 1-9/2009.

November 19, 2010

Voestalpine Announces Q1-Q3 2010 Results

Voestalpine group increases EBIT by almost tenfold up to € 414m. Revenue goes up by 24.2% due to significant growth in sales

November 18, 2010

Schoeller-Bleckmann Oilfield Equipment AG Announces Results of Q1-Q3

Vienna-Stock-Exchange listed SBO records a clear increase of all key financial figures.

November 17, 2010

Binder&Co; Announces Q1-Q3 Results

Binder was able to increase its order intake by 50% over the previous year. However, company sales revenues and EBIT remained below the 2009 level.

November 17, 2010

Mayr-Melnhof Announces Results for Q3 2010

Mayr-Melnhof records a significant increase of results in Q3. The rise in cartonboard prices compensates the recent cost surge.

November 16, 2010

Voestalpine Expands into the Gulf Region

The Austrian steel group will manufacture rail components for Saudi Arabia over a joint venture.

November 16, 2010

Semperit Announces its Results of Q1-Q3 2010

Group revenue up by 17% to € 519.3m. EBT rose by. 15% to € 62.9m

November 16, 2010

Lenzing Group Announces Results for Q3 2010

Lenzing experiences its best quarter in company history. A new record result is expected for 2010.

November 16, 2010