Vienna International Industrial Company News
Read the latest headlines about Austrian industries
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
Greiner Packaging Expands its Network in Romania
The Austrian packaging producer took over the major share of S.C. Amplast Co S.A. from a group of private owners.
October 13, 2011
Agrana: Strong Results for First Half of 2011|12
The Austrian sugar and starch company expects a significant increase in pre-exceptionals operating profit for the full year.
October 13, 2011
Debt Crisis Reaches Steel Industry
The CEO of Austrian voestalpine expects stagnation in European steel production volumes. Declining commodity prices might reduce margin pressure.
October 12, 2011
Hungarian Consumer Price Index Increased by 3,6% Compared to September 2010
In September 2011 consumer prices increased by 3.6% compared to September 2010, it was the same rate as in the previous month, registered the Hungarian Central Statistic Office.
October 12, 2011
Drop in Car Production in Poland
In September 2011, the production of passenger cars and commercial vehicles in Poland amounted to 70,521 units, an increase by 63,24% (27,319 units) compared to August 2011 reported the Samar Institute.
October 12, 2011
Zumtobel Invests in New Production Facilities
The Austrian lighting company expands its capacities as part of the company’s global growth strategy. Internal plans for up to 200 new jobs by 2020.
October 11, 2011
Chamber of Labor Claims Substantial Wage Increase
The Austrian Chamber of Labor calls for a massive rise in wages for metal workers. The union refers to increase profits of the metal industry.
October 10, 2011
ATB is Optimistic to Find a New Buyer
The subsidiary of the insolvent A-Tec corporation is looking for a new owner. Now, it is important to find a quick solution.
October 10, 2011
Number of Agricultural Holdings Still Shrinks
Agricultural census 2010: Number of Austrian agricultural and forestry holdings decreased, trend towards larger holdings.
October 10, 2011
Teak Holz Wins Major Order
The Upper Austrian timber company signed a € 50m contract for external forest management activities in Costa Rica.
October 6, 2011
Andritz: Strong Rise in Sales Expected
At the Andritz Capital Market Days 2011, CEO Wolfgang Leitner today specified the sales and earnings targets of the Austrian technology group for 2011 and 2012.
October 5, 2011
BMW Austria Fears Lack in Skilled Labor
The German automobile corporation´s factory in Steyr, Austria, already produces 5000 engines per day. 200 new workers were hired this year.
October 4, 2011
Kovats Blames Creditors and Penta
Mirko Kovats, CEO of the A-Tec group, makes the Czech investment group Penta and the banks responsible for the failed restructuring plan
October 4, 2011
Cooperation Between Kapsch and Asfinag Extended
Austrian Kapsch TrafficCom and Asfinag Mautservice GmbH set out a framework agreement on the operations and maintenance contract for the nationwide electronic truck toll collection system in Austria until the end of 2018.
October 4, 2011
Potential for Austrian Suppliers in Spain
The Austrian AWO started a market exploration journey to Spain in order to create first business contacts. In the first term of 2011, exports to Spain grew by 6.6%.
October 3, 2011
Dutch Imtech Acquires Austrian Comnet
The Dutch Imtech (technical services provider in Europe) announces that it acquires the Austrian ICT company Comnet. This acquisition will strengthen Imtech’s position in the Austrian ICT market.
October 3, 2011
Czech Railways Orders 16 Railjets from Vienna
Major Order for Siemens Austria from the Czech National Railways Ceske Drahy: the railway group exercises an option, which was reserved for the Austrian Federal Railways originally.
October 3, 2011
A-Tec: Investors Call Kovats to Resign
The founder and CEO of the Austrian technology group A-Tec Mirko Kovats comes under fire. Wilhelm Rasinger from the Austrian investor´s representation asks Kovats and the liquidator Matthias Schmidt to step down.
October 3, 2011
Chinese Interest for ATB
After the collapse of the takeover of A-Tec, the subsidiary has to be sold separately. The Chinese Wolong group plans to acquire the Austrian automotive company.
October 1, 2011
TGW Aims for China and Brazil
The Austrian logistics company currently realizes its biggest orders in its history. Moreover, TGW intends to expand substantially.
October 1, 2011
A-Tec to be Dissolved
The Austrian technology company, which should have been sold as a whole, could not find a buyer. The remaining assets will now be offered separately.
October 1, 2011
RHI Buys Irish Raw Materials Producer
The Austrian producer of refractory materials takes over Premier Periclase Ltd. for a price of € 21m.
September 30, 2011
Tiger Coatings Continues Expansion in China
The Upper Austrian producer of industrial coatings will open a new plant in western China. Group turnover will amount to € 175m in 2011.
September 30, 2011
Kresta Takes Over Swiss Buss ChemTech
The newly acquired company will become the technology center of the Austrian plant building company.
September 30, 2011
Hirsch Servo Implements Long-Term Financing Plan
The Austrian machine manufacturer and packaging supplier reached an extension of the terms for its long-term loans.
September 30, 2011
Strabag Awarded Motorway Project in Poland
Two subsidiaries of the Austrian construction group lead the consortium which signed a contract worth € 120m. The group’s share is 55%.
September 30, 2011
Strabag Realizes € 250m High-Rise Project in Berlin
The Austrian construction group will invest € 250m in a property in prime capital location. Completion of the project is expected in 2015.
September 29, 2011
Voith Hydro Receives Major Order from Russia
The plant manufacturer was awarded a contract for modernization of a Russian hydro power station. Presence in the country will be expanded through a joint venture.
September 29, 2011
Red Bull Intends to Enter China
The Austrian energy drink producer has concluded the technical test phase. The market entry into China is now within splitting distance.
September 27, 2011
Siemens VAI: Major Order from South Korean Steel Industry
The Austrian Siemens VAI Metals Technologies has received the order to build a steelwork. The factory´s capacity should be 2m tons per year.
September 27, 2011
Tann´s Export Quota Reaches 100%
The Austrian special paper manufacturer benefits from the economic upswing in Eastern Europe. Exports are booming.
September 27, 2011
Donau Chemie Builds Factory in Hungary
The Viennese chemical group builds a hydrochloric acid factory near the Hungarian capital Budapest for € 6m.
September 27, 2011
Lenzing Confirms Weninger as CEO
The Austrian fiber manufacturer Lenzing Extends Management Board Mandate of Friedrich Weninger.
September 27, 2011
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