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Vienna International Industrial Company News
Read the latest headlines about Austrian industries


CarbonLite Opens $ 58m PET Recycling Plant

The Austrian Erema supplies pelletizers for the world largest bottle-to-bottle recycling plant in Riverside, California.
March 22, 2012


Voestalpine to Invest € 500m at Main Site

The Austrian steel company builds a new strand casting house. Voestalpine warns of excessive greenhouse gas regulations.
March 22, 2012


Strabag Expands in Switzerland

The Swiss subsidiary of Austrian Strabag enters into strategic partnership with BH-Holding AG in Zurich and Zug.
March 22, 2012


Andritz: Major Order from Chile

The Austrian Andritz Energy & Environment receives major order to supply equipment for two coal-fired power stations in Chile.
March 22, 2012


Excellent Results at Lenzing Group

The Austrian fiber producer announces that the € 2bn sales threshold was surpassed for the first time. EBIT was up by 60%.
March 22, 2012


MAN Austria Records Lower Revenues

The Austrian subsidiary of the German truck producer registers a decline in revenues by 12%. The number of produced driver cabs was up significantly.
March 21, 2012


Substantial Rise in Sales at Red Bull

The Austrian energy drink producer sold 4.6 billion cans last year. Sales were up by 12%.
March 21, 2012


Strabag Extends Viennese Underground

Extension of underground line U1 in Vienna: The Austrian construction group receives contract for two construction lots. The order value reaches about € 90m.
March 21, 2012


Andritz Receives Major Order from Turkey

The Austrian technology Group Andritz has received an order to supply equipment for Beyhan-1 hydropower station in Turkey. The order value amounts to € 44m.
March 21, 2012


Denmark: Alpine Participates in Major Tender

New Railway Line in Copenhagen: Invitation to tender for Austrian company Alpine Bau GmbH.
March 20, 2012


Strabag SE places € 140m Bonded Loan

The Austrian construction company strengthens the diversification of financing structure. Strabag issues two fixed-interest and two variable tranches with terms to maturity of 5 and 7 years.
March 20, 2012


Serbia: Promising Market for Austrian Construction Industry

The Western Balkan state Serbia invests massively in the modernization of its infrastructure. This year, the civil engineering sector will grow by 20%.
March 19, 2012


AMAG Appreciates Changes in Shareholder Structure

With B&C Industrieholding, the Austrian aluminum producer got a new major shareholder. RLB Upper Austria widens its share up to 16.44%.
March 19, 2012


Andritz Receives Order in DR Congo

The Austrian technology Group Andritz received a contract for reconstruction and rehabilitation of two Francis units (178 MW each) for the Inga 2 hydropower plant, DR Congo.
March 19, 2012


Pankl Announces Strong Earnings Growth

The Austrian automotive component supplier achieved a 17% growth rate in revenues. EBIT was up by 85%.
March 19, 2012


30% in AMAG Sold to B&C Industrial Holding

One Equity Partners (OEP), a subsidiary of JP Morgan, sold a major stake in the Austrian aluminum company to B&C Industrial Holding.
March 16, 2012


Wolford Group Reports Stable Results

The Austrian textile company posted almost unchanged sales and profits figures. The outlook is cautiously positive.
March 16, 2012


B&C Holding Interested in 30% AMAG Stake

The industrial holding aims for entering the aluminum producer AMAG. RLB Upper Austria is interested too.
March 15, 2012


Lufthansa Grants Capital Injection to AUA

The German Airline raises the capital of the loss-making subsidiary by € 140m with reservations.
March 15, 2012


Moderate Rise in Results at Mayr-Melnhof

The Austrian packaging company could enhance profits by 7.5% to 118.7m. Dividends rise from € 1.95 to € 2.10.
March 15, 2012


Voestalpine Closes TSTG Schienentechnik

The shutdown of German TSTG is due to a “lack in efficiency”. Because of the current cartel proceedings, the Austrian steel company has to build provisions of € 205m.
March 13, 2012


Palfinger Puts Effort Into China Entry

The Austrian crane manufacturer announced its joint venture with the Chinese partner Sany at the Austrian Federal Competition Authority (BWB).
March 13, 2012


CFO Peter Simma to Leave Wolford AG

Peter Simma, Chief Financial Officer and Deputy Chairman of the Executive Board of Wolford AG, is leaving the company on his request.
March 13, 2012


Alpine to Build Beltway in Romania

Beltway to solve Brasov's traffic problems. The Austrian construction company prevails over six competitors in Romania.
March 13, 2012


Turkey as Growth Market for Siemens Austria

Siemens Austria ´s CEO Wolfgang Hesoun regards Turkey as most attractive growth market, as the economy is highly diversified and shows high economic growth rates.
March 12, 2012


Red Bull Not Interested in Monster Beverage

Monster Beverage may not be a willing target. Moreover, the Austrian energy drink producer achieves strong organic growth in the U.S.
March 12, 2012


Automotive Industry Outlook in NAFTA Markets

In October, an automotive mission to Mexico and Detroit will be held by the Austrian Trade Commissions Mexico, Toronto and Chicago.
March 12, 2012


Magna Plans 40 New Sites

The automotive component supplier intends to establish new sites in Eastern Europe and South America.
March 12, 2012


„Going to America 2012“: AWO Supports Austrian Business in USA

Foreign Trade Austria (AWO) shows business opportunities in the U.S. to domestic companies.
March 8, 2012


Henkel CEE Achieves Stable Results

The Vienna based CEE-headquarters of the German Henkel Group raised sales by 7.2% in 2011.
March 8, 2012


Binder + Co Shows Strong Growth

The Austrian environmental technology company Binder+Co grows further in 2011: Sales revenues up by 29%, EBIT by 18%, order intake increased by 25%.
March 8, 2012


SBO: Massive Rise in Profits

The Austrian Schoeller-Bleckmann Oilfield Equipment notes a substantial improvement in results of 2011. Profits increased by 95%.
March 8, 2012


Pecik Unwanted at AMAG

A major shareholding in Austrian AMAG will be sold. Ronny Pecik, who is said to be interested, is not welcome.
March 7, 2012


RHI Has Growth Plans

The Austrian producer of fireproof ceramics puts effort into growth. Major investments and acquisitions are planned.
March 7, 2012


Hammerer Aims For Growth in Italy

The Austrian aluminum company wants to acquire a site of the U.S. Alcoa in Italy.
March 7, 2012


Getzner Werkstoffe: on to South America Following Success in Asia

The Austrian company produces materials for vibration isolation and plans to expand into South America.
March 7, 2012


Rewe is Said to Constrain Investigations

The Austrian Federal Competition Authority (BWB) suspects Rewe Austria to have made price arrangements. Rewe should have constrained BWB´s investigations.
March 6, 2012


Doppelmayr Hopes for China

The Austrian cable railway producer faces a small and stagnating market in the U.S. South America and China are seen as growth markets.
March 6, 2012


Zumtobel Recorded Losses in Third Quarter

Austrian Zumtobel Group recorded a 6.1% increase in revenues to € 964.2m in the first nine months of 2011/12. EBIT decreased substantially.
March 6, 2012


Kapsch TrafficCom IVHS to Open New North American Head Office

Kapsch TrafficCom IVHS Inc., a subsidiary of Austrian Kapsch TrafficCom AG, announced the opening of the new corporate head office in Tysons Corner, Virginia.
March 6, 2012


RHI Exceeds Expectations

The Austrian producer of fire-proof ceramics could raise revenues by 15.5%. EBIT was up by 19.8%.
March 6, 2012


Eder: „Environmental Policy Endangers Economy“

Voestalpine´s CEO criticizes environmental specifications made by EU and domestic politics. Eder sees the danger of a de-industrialization.
March 5, 2012


Voestalpine Awarded Major Contract in the UK

Austrian voestalpine Group has been awarded a major contract for the supply of roughly 20,000 tons of pre-cut heavy-plate shapes for Siemens Wind Power for the London Array offshore wind tower project in the United Kingdom.
March 5, 2012


Komptech Increases Turnover to € 111m

The Austrian environmental specialist enjoys the best year in its company history. Infrastructure projects enable continued growth.
March 3, 2012


RHI Eyes Serbia’s Magnohrom

RHI, the Austrian maker of fire- proofing ceramics, is interested in Magnohrom, Serbia’s sole basic refractory product manufacturer, Privatization Agency chief Vladislav Cvetkovic said.
March 3, 2012


Andritz: Controversial Projects in Brazil and Turkey Are Going According to Plans

The Austrian machine manufacturer Andritz participates in the construction of two major hydro power plants in Turkey and Brazil.
March 2, 2012


French and Austrian Automobile Clusters to Cooperate Closer

A delegation of French automobile companies will be received in Graz in order to intensify technologic cooperation.
March 2, 2012


Kapsch TrafficCom with Contract Award in France

Kapsch TrafficCom AG listed on the Vienna Stock Exchange in the prime market segment, reports a contract award in France worth more than € 25m.
March 2, 2012


Voestalpine Expands Operations in Automotive Segment

The Austrian steel company presents high-strength steel innovation for cars. CEO Eder expects to double sales in the automotive division.
March 2, 2012


AMAG´s CEO: “No Contact with Pecik”

The Chief Executive Officer of the Austrian metal company, Gerhard Falch, said he’s not been in contact with investor Ronny Pecik.
March 2, 2012