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Vienna International Industrial Company News
Read the latest headlines about Austrian industries
Sales and Profits on the Rise at Do & Co
The Austrian catering company recorded an increase of 9.5% in sales. Profits were up by 27.6%.
February 9, 2012
Magna Steyr Builds Mercedes Until 2020
The contract between the German Daimler Group and the Austrian automotive supplier has been extended. However, Magna had to make concessions.
February 8, 2012
Merger of Glencore and Xstrata: voestalpine Not Concerned
The Austrian steel company does not feel affected by the merger between the two major commodity corporations Glencore and Xstrata.
February 8, 2012
Austrian Green Building Group Acquired Stake in Slovenian Lumar
The Austrian investment company acquired the Slovenian market leader in environmentally friendly construction.
February 7, 2012
Alpine Received Major Order from Germany
The Austrian construction company was awarded for the construction of a motorway bridge in Germany with an order value of € 32m.
February 7, 2012
Montana Tech Components Acquires Croatian Aluminum Companies
The Austrian financial investor MTC takes over the two largest aluminum companies in Croatia. Turnover of the acquisition targets amount to € 240m.
February 6, 2012
Blizzard Confirms Turnaround
The Austrian ski manufacturer could achieve profits again. Nevertheless, Blizzard´s management demonstrates cautious optimism.
February 4, 2012
Palfinger to Enter China in 2012
The Austrian crane manufacturer plans to enter the Chinese market in the first half of 2012. China will become the biggest market for Palfinger, says CEO Ortner.
February 4, 2012
AMAG to Become New Owners?
About one third of Austrian aluminum producer´s shares are for sale. Raiffeisen and B&C are potential buyers.
February 4, 2012
Spanish FCC Sole Owner of Alpine
The Salzburg-based construction group Alpine now has the Spanish FCC as sole owner. The industrialist Dietma Aluta-Oltyan sold his 13.5% stake.
February 3, 2012
Gebauer & Griller to Expand Supply in India
The Indian subsidiary of the Austrian automotive component supplier Gebauer & Griller expands its production line.
February 3, 2012
Kapsch Expands in Romania
The Austrian toll system supplier Kapsch has purchased the Romanian IT service provider Squario Management s.r.l. At the same time, Kapsch has strengthened its presence in a central CEE market.
February 3, 2012
Palfinger Provides Surprisingly High Sales Figures
The Austrian crane manufacturer reports a rise in revenues of 29.7%. EBIT was up by 82.8%.
February 3, 2012
Palfinger: Rise in Sales and Profits Expected
Tomorrow, the Austrian crane manufacturer Palfinger presents figures for the financial year 2011. Sales are estimated to grow by 30%, net results should reach € 40m.
February 2, 2012
Wind Power in Sahara: New Orders for Siemens Austria
The Austrian subsidiary of the German technology group Siemens achieved its first orders for the construction of wind power plants.
February 2, 2012
Coca Cola Closes Viennese Site
For cost reasons, the U.S. soft drink producer shifts production from Vienna to Burgenland. 80 employees will be laid off.
February 2, 2012
Porr Extends Capital Increase
The Austrian construction group intends to restock its planned capital increase. The minimum volume is € 30m.
February 2, 2012
BDI Receives Major Order from USA
Austrian BioEnergy obtained order for retrofitting a U.S.-based biodiesel plant.
February 2, 2012
Major Order from Costa Rica for Andritz
The Austrian technology group Andritz was awarded a contract by the Institute of Electricity of Costa Rica.
February 1, 2012
Borealis Acquired PEC-Rhin S.A. from GPN
The Austrian producer of synthetic products took over French PEC-Rhin S.A. A price was not announced.
February 1, 2012
RBI Structures Credit Facility for Chinese Company
Austrian Raiffeisen Bank International (RBI) finances delivery of the plant by Andritz-Group for Chinese Ganzhou.
February 1, 2012
Rise in Unemployment at Construction Industry Expected
Due to the worse economic forecasts, the trade union expects more unemployed persons in the construction industry.
February 1, 2012
Slow Growth in Construction Industry
Output of the Austrian construction industry rose by 1.8% in 2011. Increase in volume of orders by 11.9% in civil engineering and construction of buildings at the end of October 2011.
January 30, 2012
Al Jaber Owns Kneissl Again
The insolvent ski manufacturer Kneissl will be owned by the Arab investor Al Jaber again. Creditors approved to a 20% quota.
January 28, 2012
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
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