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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
Vienna now has its own Expat Center
In Vienna, the first Expat Center in Austria was opened. The project was handled by the Vienna Business Agency (former WWFF).
September 30, 2010
Mondi - Russia's Syktyvkar Mill modernized
Paper and packaging group Mondi confirmed that the modernization of its Russian mill was complete and the mill was ready to meet Eastern Europe's growing demand for uncoated fine paper and container board.
September 29, 2010
Russian Machines: Siegfried Wolf Obtains a Stake and Receives Clear Voting Rights
Siegfried Wolf, one of the two former top executives of Magna International not only changes over (as reported) to Oleg Deripaska's “Basic Element” company, but will also have a stake in it.
September 29, 2010
Deripaska: Back to Austria as Strabag Shareholder?
In 2 weeks, on October 15, the deadline expires for Oleg Deripaska to re-purchase his 25% share of the domestic construction company Strabag for about half a billion euro.
September 29, 2010
A-Tec - Franz Fehringer appointed as CFO
Franz Fehringer, head of the Treasury and Accounts Department, and a member of the management team, has been appointed as the group´s Chief Financial Officer.
September 27, 2010
Oerlikon: Acquittal for Stumpf, Vekselberg, Pecik
In the case of Oerlikon, the Swiss Federal Criminal Court acquitted investors Viktor Vekselberg, Georg Stumpf and Ronny Pecik from the charge of violating the Exchange Act in the case of OC Oerlikon.
September 24, 2010
A-Tec has Good Prospects on Shipping Company in Rijeka
The Croatian Competition Agency (ATZN) gives the Austrian A-Tec group under Mirko Kovats good chances in the bid for the privatization of the shipyard "3 Maj" in Rijeka.
September 24, 2010
Lenzing places EUR 120 million corporate bond with mainly private investors
Lenzing AG, a world market leader in man-made cellulose fibers, placed a seven-year corporate bond with a coupon rate of 3.875 %.
September 24, 2010
Liebherr Lienz Employees on Short Time
The refrigeration equipment manufacturer requests AMS for short-time working aid from mid-October to mid-April 2011. Liebherr had 80% of its workforce working short time already in 2009. At the Lienz site, a staff of 1,475 is currently employed.
September 22, 2010
Austria's Management and Supervisory Boards’ Salaries on the Test Bench
The partly state-run OMV had the most expensive board of all Austrian corporations in 2009. In total, the oil company spent 10.2 million euro on its bosses, 23.4% more than the previous year.
September 20, 2010
A-Tec's Subsidiary AE & E: CFO Brandt Moves to Sulzer
AE & E’s CFO, Juergen Brandt, will be CFO of the Swiss industrial group Sulzer. Jürgen Boggild moves to the Board.
September 20, 2010
Parker Hannifin opens subsidiary in Upper Austria
In the future, Parker Hannifin, a U.S. industry supplier, will operate in 17 CEE countries from Austria.
September 8, 2010
Kapsch TrafficCom returns to profit zone
The listed “tolls specialist” has doubled its sales to almost €66.3m ($83.88) in the first quarter.
August 25, 2010
Voestalpine back in black
The Austrian steel company Voestalpine has benefited from strong economic recovery in the first quarter of 2010/11 and has by far exceeded earnings expectations of analysts.
August 20, 2010
Schoeller-Bleckmann Oilfield Equipment AG publishes half-year results
SBO, listed on the ATX market of the Vienna Stock Exchange, was able to take advantage of the increasingly rebounding market environment in the oilfield service industry in the first half of 2010.
August 18, 2010
Wienerberger approaching “black zero”
In the first half of 2010, the building materials group registered a loss of €39.4m. One year ago it was about €200m. Forecasts however remain cautious.
August 17, 2010
RHI AG to be the sole shareholder of Didier Werke AG.
The legal proceedings against a resolution adopted at the AGM of Didier-Werke were concluded today.
August 17, 2010
Constantia Packaging subsidiary with acquisition in Spain
A 100-percent subsidiary of the packaging manufacturer Constantia Packaging AG, which was incorporated a few weeks by the U.S. financial investor One Equity Partners (OEP) is buying in Spain.
July 21, 2010
A-Tec Industries announces changes on Management Board
Christian Schrötter, CFO, today informed the company´s Supervisory Board of his decision not to extend his contract.
July 21, 2010
Constantia Packaging - shareholders will be reconciled with €47
The new owners of Constantia Packaging make cash payment of €47 ($60.61) per share to its minority shareholders.
July 20, 2010
Voestalpine AG - Resolutions of AGM
Voestalpine AG Annual General Meeting approves dividend and share repurchase program.
July 8, 2010
Zumtobel AG - Announcement pursuant to § 93 of the Austrian Stock Exchange Act
Zumtobel, internationally leading supplier of integral lighting solutions for a variety of applications, announces that the capital decrease of 2009 led to an increase in the voting rights held by the members of the syndicate agreement to 35.3%.
July 6, 2010
MAN-Chief
The Austrian Georg Pachta-Reyhofen remains at the top of the German trucks and engineering group MAN.
July 2, 2010
Voestalpine AG - EU fines steel producers - voestalpine affected by €22m
Voestalpine has today been informed that the EU Commission has imposed fines, following action taken against a number of European prestressing steel manufacturers, including voestalpine Austria Draht GmbH.
June 30, 2010
Wienerberger with dampened expectations
Wienerberger AG expects a relatively good spring quarter, but is running after lost revenue of the first month.
June 30, 2010
A-Tec wants private bonds.
Denomination of €1000 - termination, at violation of certain ratios The A-Tec intends to target private investors with their planned five-year bond (subscription period from June 1 to July 5). The nominal value amounts to €1000 ($1223). The expiring A-
June 30, 2010
Zumtobel AG - Financial results for 2009/10
The 2009/2010 Financial Year for the Zumtobel Group was shaped by the effects of the global economic crisis, but the development of revenues stabilised gradually during the course of the year. Revenues recorded by this Austrian lighting group, w
June 29, 2010
A-Tec Industries AG to float corporate bond
A-TEC Industries AG is currently in preparations to issue a corporate bond.
June 28, 2010
Hirsch Servo shrinks Board
The listed Carinthian machine manufacturer and packaging supplier Hirsch Servo AG reduced its board. Chief Financial Officer Andrew Zois leaves the company, wanting to pursue new professional challenges.
June 28, 2010
Zumtobel AG - CFO Thomas Spitzenpfeil to resign at the end of September 2010
Thomas Spitzenpfeil, Chief Financial Officer of the Zumtobel Group, has announced his intention to resign in order to pursue a career opportunity on the management board of a German corporation.
June 24, 2010
Andritz to supply electromechanical equipment for Ilisu hydropower station, Turkey
International technology Group Andritz will supply electromechanical equipment with a total value of approximately 340 MEUR as part of the construction of the Ilisu hydropower station in Turkey.
June 15, 2010
Rosenbauer International AG - major order from Saudi Arabia
Rosenbauer, a leading manufacturer of fire fighting vehicles, has once again received a major order from the Saudi Arabian Ministry of the Interior.
June 8, 2010
Rosenbauer International AG - The new AT - the municipal fire service vehicle of the future
The AT from Rosenbauer has been a byword among fire services for more than 15 years. Moreover, ever since the first generation, it has been subject to ongoing improvements and in the meantime, over 2,000 vehicles are in operation worldwide.
June 7, 2010
Voestalpine - Difficult business year 2009/10 successfully mastered
Due to the extremely challenging economic circumstances, in the business year 2009/10, the voestalpine Group incurred a significant decline in revenue and operating result compared to the previous year.
June 1, 2010
Balda AG extends supervisory board
At the 11th general annual meeting the shareholders of the specialist in plastics Balda consistently approved the proposals of the company´s board of directors by a clear majority despite critical voices from shareholders.
May 25, 2010
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