Sponsored Content
Vienna International Industrial Company News
Read the latest headlines about Austrian industries
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
KTM Heading for Record
The Austrian motorcycle manufacturer increased turnover by 12%. Previous year’s profit was already exceeded in the first three quarters of 2011.
November 3, 2011
Polytec Considers Acquisitions
The Austrian automotive component supplier Polytec, which recently achieved the turnaround, now also considers to expand its business via external growth.
November 2, 2011
Sale of A-Tec Problematic
The insolvent Austrian A-Tec corporation, which is currently being dissolved, faces several problems. The sale of the remaining subsidiaries Brixlegg and Emco could be delayed.
November 2, 2011
BWT Wants to Become More Visible
The Austrian water technology company knows its main problem very well. Despite a solid business and a high degree of innovation, BWT is not very well-known.
November 1, 2011
Good Prospects for AMAG
The Austrian aluminum company expects satisfying results for the third quarter of 2011. Also analysts have high sales and profits estimations.
November 1, 2011
AMAG Builds New Plant in Canada
The Austrian aluminum manufacturer participates in a CAD 1.5bn contract. AMAG´s share is 20%. The project brings a new capacity of 355,000 tons.
October 31, 2011
Moderate Upward Trend in Austrian Construction Industry
Increase in volume of orders in civil engineering but decline in construction of buildings at the end of July 2011. Construction output increased by 1.0% in the first half of 2011.
October 31, 2011
Silhouette Will Remain in Linz
For several years, the Austrian manufacturer of glasses experienced declining sales. Nevertheless, the management is optimistic.
October 29, 2011
Austria Email to be Sold
Because of the wish of its shareholders, the interest of the Buy-Out holding company could be sold soon.
October 29, 2011
High Expectations for RHI
Analysts forecast a substantial rise in sales for the Austrian refractory manufacturer. However, profits should decline, analysts state.
October 29, 2011
RHI Wins Contract with voestalpine
The producer of refractory materials and the Austrian steel company extend their existing partnership for another three years. The contract has a volume of € 24m.
October 28, 2011
Changes in the Management Board of Teak Holz
Siegfried Mader takes over as CEO from Markus Baumgartner who becomes CFO. Klaus Hennerbichler and Pavel Brenner leave the Board.
October 28, 2011
Hirsch Servo Achieves Turnaround in EBIT
Total sales of the Austrian machine manufacturer and packaging supplier increased by 8%. EBIT improved by € 7.6m to € 2.2m.
October 28, 2011
Alpine and Strabag Fighting for the Concession for Zagreb’s Airport
European airlines are facing difficult times, but the demand for flights is still high. The future belongs to South European countries. Therefore, international airlines and airport operators are seeking their chance there.
October 25, 2011
Plansee Grows in Korea
With the acquisition of TCB, he Austrian Plansee Group expands in South Korea.
October 25, 2011
Rabmer Building Opens a New Subsidiary in Poland
Rabmer Building has established a Polish subsidiary. Already since last year the Polish market has been managed by eleven employees from Bydgoszcz.
October 24, 2011
Lenzing Expands Capacities in China
The Austrian fiber manufacturer experiences still strong growth in China. Investments will rise significantly too.
October 24, 2011
Construction Companies Fight for Romanian Order
Three Austrian construction companies – Strabag, Porr and Alpine – compete for a major order from the Romania railways. The order volume is € 258m.
October 24, 2011
SBO Expects „Extreme Growth“
In the long run, Gerald Grohmann, CEO of the Austrian oilfield equipment manufacturer Schoeller-Bleckmann, sees an excellent development.
October 22, 2011
AT&S: Massive Investments in China
The Austrian manufacturer of conductor boards will invest € 600m for its factory in the Chinese Chongqing.
October 22, 2011
A-Tec: Kovats to be Replaced
Mirko Kovats, CEO of the Austrian A-Tec, will be replaced from his positions in order to avoid further “disturbances”.
October 22, 2011
OMV Buys Gas Discovery from Norwegian Noreco
Norwegian Energy Company (Noreco) has entered into an agreement to sell its 20 percent share of license on Haltenbanken to Austrian OMV.
October 21, 2011
Wienerberger Expects Significantly Better Results
Capacity utilization of the Austrian brick producer should increase to 65% this year, according to CEO Scheuch. Market shares have been growing recently.
October 20, 2011
Novomatic Continues its Success in Italy
Novomatic celebrates a historic milestone in Italy, Europe’s largest gaming market. Italy is now operating the 10,000th video lottery terminal produced by Novomatic in Gumpoldskirchen, Austria.
October 20, 2011
Strabag Wins Major Contract in Oman
The Austrian construction group’s local subsidiary was commissioned to build the infrastructure extension of a port. The order has a volume of € 150m.
October 20, 2011
GM Makes Major Investment in Austria
The U.S. corporation invests € 50m in its Viennese powertrain factory.
October 19, 2011
ATB Sold to Chinese Wolong Group
The Austrian ATB company, a former subsidiary of the insolvent A-Tec Group, goes to the Chinese engineering corporation Wolong.
October 19, 2011
Austria with the Best Situation on the Real Estate Market in the Region
Austria, the Czech Republic and Poland are the three countries from Central Europe, where the condition of the property market according to the banks’ opinion is the best – states the KPMG’s research - CEE Property Lending Barometer 2011.
October 19, 2011
U.S. Investor Buys 44% Stake in Leica
The U.S. investment fund Blackstone acquired 44% in Leica Camera from the Austrian investor Andreas Kaufmann.
October 19, 2011
29 Austrian Companies Ranked in "EU Industrial R&D Investment Scoreboard"
Benteler International, Voestalpine, Borealis, Intercell, Zumtobel are the first five Austrian firms in the “EU Industrial R&D Investment Scoreboard”. The ranking was prepared by the European Commission.
October 19, 2011
Small Increase in Used Car Registrations
Registrations of used motor vehicles in Austria from January to September 2011: +0.8%; passenger cars +0.2%.
October 19, 2011
U.S. Company Claims $ 25m From Andritz
The U.S. company Ovalstrapping accuses the Austrian technology Company Andritz to have copied its technologies. Andritz defends itself.
October 19, 2011
Alpine Has Completed „Yellow River Diversion Projekt“ in China
The 25,386-meter Pinglu Tunnel, part of a gigantic water supply project designed to supply China’s dry regions with water from the “Yellow River,” was completed after five years of construction, reported the Austrian constriction company Alpine.
October 19, 2011
Alpine’s Annual Reports Honored in New York City
The Alpine construction company’s communications team swept the board at this year’s “International ARC Awards” in New York City.
October 19, 2011
Spectacular Surge in Profits of CEE Technology Companies
The annual Deloitte Technology Fast 50 Program honors the fastest growing Central European technology companies. It is based on the percentage of revenue growth over five-year period.
October 18, 2011
Strabag: No Bonus for Retail Investors
The Austrian construction corporation Strabag SE core shareholders will not grant a monetary bonus to retail investors.
October 18, 2011
Solution Found: Wage Increase by 4.2%
After heated debates and strike threats, representatives of the Austrian metal industry and the trade union came to an agreement.
October 18, 2011
Metal Industry: New Bargaining Rounds
The Austrian trade union of metal workers and industry representatives could avert a strike. However, a compromise is still not found.
October 17, 2011
Pecik Acquires Minor Stake in Telekom Austria
The Austrian investor now enters the Vienna-listed Telekom Austria Group. For the time being, Pecik holds a 5.4% stake.
October 17, 2011
Moderate Price Increase in Civil Engineering
Austrian Construction cost September 2011: smaller increase in residential building than in civil engineering.
October 17, 2011
Austrian Motor Vehicle Industry Prospers
Vehicle production recovered completely in 2010 – high commodity prices hindered significant earnings growth. In 2011, sales will reach € 14bn again.
October 17, 2011
Austrian Metal Industry: Strike Threatens
After a warning strike on Friday, representatives of the metal industry and the trade union still reached no agreement. Now, a full strike threatens.
October 15, 2011
CRM of Doka Group Awarded
An international jury awarded prizes for the best customer-relationship management projects, ranking Doka among the top three companies, at the Customer-Relationship Management (CRM) Expo in Nuremberg, Germany.
October 14, 2011
Binder+Co Presents Promising Technology
The Austrian machine and plant manufacturer and a Chinese partner together developed a new method for production of lightweight materials.
October 13, 2011
Palfinger Plans Capital Increase
The Austrian crane producer is gearing up for further growth. An extraordinary General Meeting has been called for 3 November.
October 13, 2011
Bargaining Suspended – Metal Workers Take Industrial Action
Employees of more than 140 Austrian companies went on strike after negotiators had failed to agree on wage increases.
October 13, 2011
Fast News Search
This category only
