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Vienna International Industrial Company News
Read the latest headlines about Austrian industries
Hirsch Servo Posts Loss of € 1.32m
Sales revenue of the Austrian machine manufacturer and packaging supplier declined by 6% in the first three months of fiscal 2011/12. EBIT dropped to € -0.26m.
November 29, 2011
C.A.T. oil Maintains Positive Growth Momentum
The Austrian provider of oil and gas field services achieved an all-time high in operating activity levels. Revenue increased by 14.3% to € 74.7m in the third quarter of the year.
November 29, 2011
HTI Increases Revenues and Nine-Month Result
The Austrian technological group posted a plus in revenues of 7.2%. EBIT improved slightly from € 11.4m to € 11.6m.
November 29, 2011
Strabag delivers € 320m Steelworks in Russia
The Austrian construction company has finished its works in Russia. The factory will produce sheet steel in particular to manufacture pipes to be used in pipeline construction.
November 28, 2011
Share Repurchase at Palfinger
The Management Board of the Austrian crane manufacturer resolves to exercise its authorization to acquire own shares. The maximum contingent is € 10m.
November 26, 2011
Borealis to Acquire French Fertilizer Producer
The Austrian chemical company has made an offer to take over PEC-Rhin in its entirety.
November 25, 2011
Significant Growth in Earnings for Frauenthal Group
The Austrian component supplier reported growing revenue for the period from January to September. EBIT increased by 26.5% to € 18.6m.
November 25, 2011
Voestalpine Broadens Measures to Safeguard Liquidity
The Austrian steel company has agreed on a syndicated loan of € 800m in two tranches in order to safeguard medium and long-term financing.
November 24, 2011
FCC Acquires Remaining Shares in Alpine
Supervisory board chairman Aluta-Oltyan will sell his 20% stake in Austria’s second largest construction company to the Spanish majority owner.
November 23, 2011
Analysts Expect Good Results for Kapsch TrafficCom
The Austrian toll system supplier will increase sales as well as earnings in the third quarter, analysts say.
November 22, 2011
Siemens Austria Finishes Dutch Gas Power Plant
The contract value for the gas and steam power plant amounts to € 570m. 1.4 million households will be served with electricity.
November 21, 2011
Strabag Confirms „Solid Outook“
The EBIT forecast of the Austrian construction group has been raised to € 340m. Net income is expected at € 185m.
November 21, 2011
Strong Results for Pankl Racing Systems
The Austrian supplier of racing and aerospace systems could improve revenues, earnings as well as profits significantly.
November 21, 2011
A-Tec: Investigations Against Kovats
Investigations by the Austrian Public Prosecution Authority against the CEO of A-Tec, Mirko Kovats, proceed. The suspicions are massive.
November 19, 2011
Voestalpine Cuts Production
For the Austrian steel producer, the upward trend is now over. Steel production will be reduced by 10% in the last quarter.
November 19, 2011
FACC Builds R&D Center in Upper Austria
The Austrian aircraft component manufacturer invests a total of € 54m in the project. Turnover is expected to increase by 20% to € 330m in the current year.
November 18, 2011
Siemens Austria to Manufacture Trams Worth € 100m
The German technology group will build 40 new generation vehicles in Vienna, with parts coming from the plant in Graz.
November 18, 2011
Rosenbauer Reports Drop in Profit
The Austrian manufacturer of fire fighting vehicles registered record order intake of € 456m in the first nine months of the year. Revenues and EBIT came in lower than expected due to shipment delays.
November 18, 2011
No Growth in Construction Industry in 2012
Austrian companies fear the effects of the debt brake while they still suffer from the consequences of the recession of 2009.
November 17, 2011
Strabag Strengthens Brand Presence in Sweden
The Austrian construction group renames two local subsidiaries. Planned national output for 2011 amounts to approximately € 350m.
November 17, 2011
Zumtobel Group Refinances Loan Agreement to 2016
The Vorarlberg-based lighting company and seven banks signed an agreement that will replace an existing syndicated facility of € 480m.
November 17, 2011
Andritz Wins Order in the UK
The Austrian technology group and the energy group E.ON signed a contract on the supply of equipment for a biomass energy plant. The project has a volume of € 80m.
November 17, 2011
voestalpine Cuts Outlook for the Full Business Year
In the first half of the financial year 2010/11, the Austrian steel company recorded an increase in revenue of 15.1%. EBIT rose by 28.3% to € 531m.
November 17, 2011
Binder+Co Reports Strong Rise in Sales and Orders
Binder & Co, an Austrian supplier of environmental and packaging technology completed Q1–3/2011 with marked increases in both sales revenues and EBIT.
November 16, 2011
SBO Doubled Profits
The Austrian supplier of oilfield equipments raised sales by 36.6%. SBO starts into the fourth quarter with a sound order backlog
November 16, 2011
Small Increase in Construction Costs
Austrian Construction costs increased by 1.8% in October 2011 compared to the previous year.
November 15, 2011
Semperit Exceeds Forecasts
In the first nine months, the Austrian manufacturer of synthetic products was able to raise sales by 20.6% to € 626.2m. Profits increased by 18.7%.
November 15, 2011
Stable Results for Mayr-Melnhof
The Austria cartonboard producer announces rising sales, earnings and profits. However, the outlook is less optimistic. Mayr-Melnhof sees declining margins.
November 15, 2011
Lenzing Meets Expectations
In the first nine months of 2011, the Austrian Lenzing Group could improve financial key figures. Profits were up by 77.5%.
November 15, 2011
Bombardier Considers to Leave Vienna
The Canadian company is threatened to close its factory in Vienna, unless the city government orders new subway trains.
November 14, 2011
Stable Results for Ottakringer
In spite of increasing costs and sales problems in Hungary, the Austrian major brewery and mineral water producer expects to maintain results of 2010.
November 12, 2011
Lenzing: Strong Rise in Profits Expected
For analysts, the Austrian fiber manufacturer Lenzing will report highly satisfying results. Sales, earnings as well as profits should increase.
November 12, 2011
Porr Records Strong Growth in Orders
The Austrian construction group’s order bookings increased by 36.6% in the first nine months of the year, strongly driven by demand in foreign markets.
November 11, 2011
Swietelsky and Strabag Win Orders in Romania
The Austrian construction companies were commissioned by the national railways to renovate the infrastructure on two lines.
November 11, 2011
Treibacher Takes Over Austria Email
The Carinthian company acquires the interest from Buy-Out Central Europe II, raising its stake to 90%.
November 11, 2011
ATB Posts Loss due to Court Ruling
The former subsidiary of A-Tec lost a lawsuit and has to pay € 13.4m. EBIT amounted to € 6.1m in the period July to September.
November 11, 2011
Borealis’ Third Quarter Delivers Positive Results
The Austrian chemical company doubled its profit in an increasingly challenging market environment.
November 11, 2011
Significant Drop in Earnings for BWT
The Austrian water technology company registered a 41% drop in EBIT during the third quarter, despite an increase in revenue of 5%.
November 11, 2011
Moderate Rise in Construction Costs in the Third Quarter
The price index reached 103.5 points in the third quarter: +3.0% year-on-year, +0.3% against the second quarter.
November 10, 2011
Polytec Raises Outlook and Confirms Dividend
The Austrian component supplier registered a 50% decline in financing costs. Group sales are now expected to amount to € 650m in the full year.
November 10, 2011
Palfinger Reports Continued Growth
Revenue of the Austrian crane manufacturer increased by 34% in the first three quarters of 2011, EBIT more than doubled to € 52.4m.
November 10, 2011
Wienerberger Continues Growth Course in Third Quarter
Despite weakening economic sentiment due to growing uncertainty across the euro zone, the Austrian brick producer recorded a 10% increase each in revenues and operating EBITDA for the third quarter.
November 9, 2011
Andritz Reports Rise in Sales, Earnings and Profits
As expected the Austrian technology Group Andritz achieved a significant increase in all relevant financial key figures in the third quarter of 2011 compared to the previous year’s reference period.
November 8, 2011
Wienerberger: Analysts See a Strong Rise in Results
The Austrian brick manufacturer will, according to analysts, report a substantial rise in sales and earnings. The figures will be presented the day after tomorrow.
November 7, 2011
Agrana to Expand into South Africa
The Austrian fruit and starch company consolidates its presence in South Africa and starts production of fruit preparations in Johannesburg.
November 7, 2011
Andritz: Analysts Optimistic
The Austrian engineering and technology group Andritz is expected to report a significant rise in sales, earnings and profits.
November 5, 2011
China Entry: Palfinger Under Pressure
In order to ensure the internationalization strategy, the Austrian cranes manufacturer is expected to show improvements in entering the Chinese market.
November 5, 2011
Palfinger General Meeting Supports Further Growth
The Management Board of the Austrian crane manufacturer was authorized to buy back own shares that may be used as acquisition funding.
November 4, 2011
No Signs of Slowdown at AMAG
The Austrian aluminum company reported solid growth figures for the first nine months of the year. Sales increased by 15%, EBIT was up 22% to € 90.7m.
November 4, 2011
RHI Anticipates Slowdown in Business
The negative trend could come to an end in the second quarter of 2012. In the first nine months of the current year, the Austrian producer of refractory materials increased revenues and profit.
November 3, 2011
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