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Vienna International Industrial Company News
Read the latest headlines about Austrian industries
voestalpine Concluded Largest Single Contract to Date
The Automotive Division of the voestalpine Group has concluded its largest single contract to date, with a leading European car manufacturer. The order volume amounts to around € 700m.
January 27, 2012
Opel Records Rise in Production
Opel Austria, a subsidiary of the U.S. group General Motors, could raise production by 11% in 2011.
January 25, 2012
KTM to Enter India
Together with its Indian partner, the Austrian motor-bike producer KTM aims for entering India.
January 25, 2012
Agrana Completes Campaigns
The Austrian sugar and starch company successfully completes the 2011|12 sugar beet and potato starch campaigns – its longest ever.
January 25, 2012
Austrian Mercedes Production Endangered to Shift to Hungary
Construction of the SUV Mercedes G-class could switch from the Magna factory in Graz to Hungary.
January 24, 2012
AT&S: Profits Decreasing in Spite of Higher Sales
Mobile Devices’ sales for the third quarter reached a new record high of about € 83m. Revenues for the first three quarters of the year amounted to € 372m.
January 24, 2012
Asamer Returns to Libya
The Austrian manufacturer of building material aims for catching up the lost year 2011 in Libya.
January 23, 2012
Moderate Growth at Darbo
The Austrian jam producer Darbo could continue ist growth course in 2011. Sales were up by 2.5%.
January 23, 2012
Lenzing Enlarges Capacities
The Austrian fiber company plans investments of € 130m. 110 new jobs will be created. Production starts in 2014.
January 20, 2012
TGW to Expand in China and Brazil
The Austrian storage logistics supplier gained a first contract from China after having established a distribution company. In Brazil, TGW agreed on a joint venture.
January 20, 2012
Wienerberger: “Bond Issue Was Succesful”
The maximum possible issue size of € 200m was fully utilized. Proceeds from bond issue to be used primarily for maintaining and strengthening capital structure.
January 19, 2012
RHI Takes Over Swiss Stopinc AG
The Austrian producer of refractory takes over refractory specialty producer Stopinc AG. RHI thus increase the stake held from 50% to 100%.
January 18, 2012
SBO Reports Strong Rise in Earnings
Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX market of the Vienna Stock Exchange, again posted a remarkable increase in sales and profit in fiscal 2011.
January 17, 2012
Porr: Capital Increase Flows Smoothly
According to Porr´s CEO Karl Heinz Strauss, the Austrian construction group raises ist capital within the next 60 days. Operating business is performing well, Strauss says.
January 16, 2012
Binder Creates New Technology Company
Binder+Co AG has started the 2012 financial year with the foundation of a new subsidiary in the shape of Bublon GmbH. Binder+Co Group now consists of a total of four companies.
January 16, 2012
Lenzing Continues Supply to U.S. Army
U.S. President Obama signs permanent import approval allowing the Austrian Lenzing AG to supply flame-resistant fibers to the U.S. Army.
January 12, 2012
Dotter Takes Over Management of Alpine
The second-largest Austrian construction company has a new Chief Executive Officer, the 50-year-old Johannes Dotter.
January 12, 2012
Agrana Achieves Significant Rise in Earnings
The Austrian fruit and starch company posts its results for first three quarters of 2011|12. Revenues were up from € 1.62bn to € 1.95bn.
January 12, 2012
Pankl Takes Over German Automotive Company
The Austrian automotive and racing company Pankl acquires the German specialist Huber, which is located in Munich.
January 11, 2012
Wienerberger to Raise Bond Issue to € 200m
The subscription period for Wienerberger´s corporate bond runs from January 13.
January 11, 2012
Treibacher Industrie New Owner of Austria Email
The Carinthian Treibacher industrial holding raised its stake in Austria Email from 38.8% to 88.88%.
January 10, 2012
Wienerberger Issues Corporate Bond
The Austrian brick producer will issue bonds of at least € 50m in order to refinance liabilities.
January 10, 2012
Dismal Prospects for Construction Industry
According to WIFO (Austrian Institute of Economic Research), the Austrian construction industry will face stagnation in 2012.
January 9, 2012
Major Order for Strabag in Poland
The Austrian construction group strengthens its market position in Polish transportation infrastructures segment with a € 254m order.
January 9, 2012
Agrana Sues Chinese Yantai North Andre Juice.
The Austrian sugar and starch company claims $ 9.8m from the Chinese Yantai North Andre Juice.
January 9, 2012
ATX: Andritz Becomes Number 4
The Austrian technology company Andritz could raise its weight in the prime market of the Austrian Traded Index. Erste Group and Raiffeisen lost massively.
January 7, 2012
Siemens Austria Achieves Major Order in Russia
The Austrian subsidiary of the German technology group constructs the largest pellet plant in Russia.
January 4, 2012
Worsening Economic Outlook for 2012
Economists and analysts expect a massive fall in Austrian economic growth for 2012.
January 4, 2012
Tyrol Equity Takes Over German RSN Sihn
The Austrian investment company acquired 50.1% in the German automotive supplier company RSN Sihn.
January 2, 2012
Austrian Enterprises Fear Nationalization in Hungary
Nationalization plans induce fierce criticism against the Hungarian Government. The Austrian waste management industry would be hit hard.
January 2, 2012
Pollmann China Doubles Production Area
The Austrian automotive supplier company expands its activities in China.
January 2, 2012
Voestalpine Involved in Further Cartel
According to German newspaper reports, the Austrian steel producer is involved in another cartel in the rail market.
December 28, 2011
Rising Market Share for Porsche Holding
The Salzburg-bases Porsche Holding announces that more than every third sold car in Austria comes from the VW/Porsche Group.
December 28, 2011
Optimism at Austrian Automobile Industry
In spite of a weak economic outlook for 2012, Austrian automobile industry enterprises expect a good year.
December 27, 2011
Emco With Growth Plans
The new owner of the former A-Tec subsidiary, now can begin to realize its expansion plans.
December 27, 2011
Polytec Sells Interior Business
The Austrian automotive component manufacturer sells its Spain-based interior segment. Results for 2011 are confirmed.
December 27, 2011
Growth Potential for Semperit
The Austrian synthetic product manufacturer already recognizes the weakening of the business cycle. However, investments will not be reduced. The BRIC countries are seen as future markets.
December 27, 2011
Strabag Group Expands Range of Services with Structural Timber Engineering
The German subsidiary Züblin gains access to the field of timber construction through an acquisition.
December 23, 2011
Changes to the Executive Board of Hirsch Servo
Dr. Johannes Kappel will join the new two-member board of the Austrian machine manufacturer and packaging supplier.
December 22, 2011
Alpine Receives Railroad Operator License
The Austrian construction company received official license from the Ministry of Transport, Innovation and Technology for freight transports today.
December 22, 2011
Agrana Increases Earnings in First Three Quarters
The Austrian sugar and starch company expects revenues of € 2.5bn fort he full year 2011/12.
December 22, 2011
Kuhn Holding Buys Emco
A purely Austrian solution was found for the former A-Tec subsidiary. The Austrian mechanical engineering company is acquired by Kuhn Holding.
December 21, 2011
Lenzing Group and smartfiber AG Intensify Their Cooperation
The Austrian fiber manufacturer takes over production of two specialty fibers from its German cooperation partner.
December 21, 2011
Siemens Austria Reports Strong Performance
The Austrian subsidiary of the German technology group shifts € 1.0bn dividends to its headquarters. Operating results were highly satisfying.
December 20, 2011
Major Order from Russia for Siemens Austria
The Russian railway company RZD reserves eight high-speed trains “Velaro RUS”. The order will be delivered in January 2014.
December 20, 2011
Sanochemia Achieves Turnaround
The Austrian pharmaceutical company could turn net results and EBIT into the profit zone. Sales were up too.
December 19, 2011
Many Applicants in Emco Sale
The Austrian mechanical engineering company, which is a subsidiary of the insolvent A-Tec group, is highly sought-after. The sale price is estimated to reach € 30m.
December 19, 2011
Belo Monte: Building Freeze Suspended
The Austrian plant construction company Andritz may expect the final order from Brazil. Andritz wants to deliver turbines and generators.
December 19, 2011
Siemens Austria: Order from Belarus
Siemens VAI Metals Technologies received a major order from the Belorussian steel producer Byelorussian Steelworks (BMZ),
December 17, 2011
Gebrüder Weiss Builds New Branch in Czech Republic
In Jeneč, near Prague, the Austrian logistics supplier builds a new terminal with an office complex and cross-docking facilities. Investments amount to € 15m.
December 17, 2011
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