Vienna International Industrial Company News

Read the latest headlines about Austrian industries

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

Siemens Austria Got Major Order from India

The Indian National Mineral Corporation orders a sintering plant at Siemens VAI. The order volume totals € 120m.

March 1, 2012

Andritz Surpasses Expectations

The Austrian technology Group Andritz showed very satisfactory business development in the 2011 business year, reaching record highs in order intake, sales, and earnings.

March 1, 2012

Hirsch Servo Still Records Losses

Sales revenue in EPS Processing down slightly due to drop in volume in Packaging division. The company emphasizes to take further steps to cut costs.

February 29, 2012

austriamicrosystems Reports Rise in Revenues and Earnings

The manufacturer of high performance analog ICs registered a 32% rise in revenues. EBIT rose by 59%.

February 29, 2012

Positive Production Trends in Industry and Construction

In November 2011; turnover was up by+8.2%. Orders in the construction industry rose by 11.8%. Construction output went up moderately.

February 29, 2012

Negative Operating Results for Kapsch TrafficCom

Due to delays in two major projects, the Austria toll collection system supplier recorded operating losses in the third quarter of 2011/12. Revenues were up massively.

February 29, 2012

AMAG Posts Good Results in 2011

The Austrian aluminum producer recorded rising sales and earnings in 2011. However, results in the fourth quarter declined.

February 29, 2012

Palfinger: Joint Venture in China

The Austrian crane producer initiates a joint venture company with Chinese Sany Heavy Industries.

February 28, 2012

Tyrol Equity Takes over Rim Producer BBS

The Austrian industrial hold, owned by Raiffeisen, Hypo Tyrol and Swarovski, acquired the insolvent German rim producer BBS.

February 27, 2012

Significant Increase in Austrian Steel Exports to U.S.

U.S. Steel Imports are rising substantially, prices are on the fall. Austrian suppliers could raise their share.

February 27, 2012

Polytec Aims For Expanding in Asia

Friedrich Huemer, CEO of the Austrian automotive supplier, wants to start investments in China and India.

February 27, 2012

ORF Recorded Slight Profits in 2011

The Austrian public broadcaster ORF achieved profits of € 11.4m in 2011. Further cost cuts are planned.

February 25, 2012

Magna: Production on the Rise

The Canadian automobile supplier company increased its sales by one quarter. In Austria, car production was up by 51%.

February 25, 2012

Frauenthal Considers Short Time Work

The Austrian component supplier experiences the first signs of the economic crisis. As orders are going down by 10% to 15%, short time work becomes an issue again.

February 24, 2012

Siemens Austria Has Growth Targets

The Austrian subsidiary of the German Siemens Group builds a new factory at the Viennese sub-headquarters.

February 24, 2012

Rosenbauer Has Good Prospects

The Austrian producer of fire fighting vehicles has full order books. In 2012, CEO Dieter Siegel expects a new record in sales.

February 24, 2012

Bene Expands in Asia

The Austrian manufacturer of office furniture founded a joint venture together with the Singapur-based Ollo Group. Bene aims for entering new markets successfully.

February 24, 2012

Pecik is Said to Enter AMAG

The Austrian investor, who holds a 20% stake in Telekom Austria, seems to be interested in the Austrian aluminum producer AMAG

February 23, 2012

Borealis Shows Strong Growth

The Austrian chemical company announces a net profit of € 507m in 2011, compared to € 333m in 2010. Sales rose from € 6.27bn to € 7.1bn.

February 23, 2012

Frauenthal Increased Revenues and Earnings in 2011

The Austrian automotive supplier raised revenues by 9%, EBIT was up by 3.8%.

February 23, 2012

Head Reported Lower Sales and Earnings

The Dutch Ski producer, which has its production facilities in Austria, registered a decrease in sales of 1.3%. Higher amortizations caused a reduction in profits.

February 23, 2012

Andritz Supplies Equipment for Hydro Power Plant in Peru

Luz del Sur, one of the largest electric utility companies in Peru, has awarded Andritz Hydro a contract to supply the electromechanical equipment for the Santa Teresa hydropower station.

February 23, 2012

Turkey as Target for Austrian Construction Industry

As Turkey wants to modernize its infrastructure, Turkey is seen as growth market. Strabag intends to participate in future projects.

February 22, 2012

Voestalpine to Build Two Track Switch Plants in Brazil

Voestalpine AG, Austria’s biggest steelmaker, plans to build two plants for rail-track switches in Brazil this year.

February 22, 2012

Lower Sales at Rosenbauer

The Austrian producer of fire fighting vehicles registered a 9% decrease in revenues. EBIT was down by 17%, order intake was up by 66%. Basic capacity utilization secured until 2014.

February 22, 2012

All-Clear for Opel Site in Vienna

Although the German automobile producer faces serious troubles, the Viennese factory is not endangered to cut jobs.

February 21, 2012