Vienna International Industrial Company News
Read the latest headlines about Austrian industries
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
Porr Cooperates with German InterCityHotel
In the coming years, the two German and Austrian companies plan 15 new hotels in the CEE area.
September 26, 2011
Strong Order Intake for Head
The Dutch and Vienna-listed sports article manufacturer Head records rising sales. Expectations for 2012/2013 are stable.
September 26, 2011
New Subsidiary for Rabmer Bau in Poland
The Austrian construction group, which is spezialized in renovating canal systems, established a new company in Poland.
September 26, 2011
Teak Holz Cancels Capital Increase
The Upper Austrian timber company will delay its expansion to a later point in time. Forest management and other projects are not affected by the decision.
September 24, 2011
Sale of A-Tec on the Brink of Failure
The Supervisory Board of the insolvent technology group wants to take up negotiations with Penta Investments again after a Pakistani investor pulled out of the deal.
September 22, 2011
Metal Workers Start Autumn Bargaining Round
Salaries of 190,000 employees in the metal industry will be negotiated. Trade unions demand substantial increases.
September 22, 2011
Strong Growth for Bernegger
The Upper-Austrian construction company could achieve a 7.5% growth in turnover.
September 21, 2011
Andritz Acquires NSC Nonwoven, France and China
Austrian technology Group Andritz has signed a contract to acquire NSC Group’s nonwoven division encompassing its affiliates Asselin-Thibeau (Elbeuf, France) and NSC Wuxi (Wuxi, China).
September 21, 2011
Rising Sales for Bene
The Austrian office furniture manufacturer Bene could further expand its operations and turn the earnings positive.
September 21, 2011
Andritz to Supply Hydropower Equipment to Norway´s Statkraft
The Austrian Andritz Hydro has received a major order from Çetin Enerji A.S., a subsidiary of Norway's state owned electric utility company Statkraft,
September 21, 2011
A-Tec Sale: Penta Sues
The Czech-Slovak investment consortium Penta, which made a bid in the A-Tec sale, sues against the award for the competitor Contor Industries.
September 20, 2011
Decreasing Registrations of Cars in Austria
Registrations of used motor vehicles in August 2011: -0.7%; passenger cars -1.8%, lorries +1.9%.
September 20, 2011
Austria and Azerbaijan Expand Cooperation
An Austrian delegation will hold several meetings with Azerbaijani ministries and private companies.
September 20, 2011
New Austerity Measures at RHI
The new CEO of the Austrian refractory manufacturer RHI, Franz Struzl, insists on the expansion to BRIC-countries and the sales target of € 2.0bn.
September 19, 2011
Alpine to Build Hotel in Warsaw
The Austrian construction group will be general contractor of the project in Poland. Total contract value is € 32m.
September 16, 2011
AMAG to Expand Capacity of Canadian Smelter
The Austrian manufacturer of aluminum products is currently negotiating the project with four partners.
September 16, 2011
RHI to Start Production in Brazil in 2013
The Austrian producer of refractory materials invests € 85m in a first step. The new plant will have an annual production capacity of 60,000 tons.
September 15, 2011
Hammerer Aluminium: € 8.5m Investment for Austrian Industrial Location
The aluminum company Hammerer Aluminium Industries (HAI) enlarges the headquarters location in Ranshofen, Austria.
September 13, 2011
Marzek Etiquettes Expands in Ukraine
The Austrian manufacturer of etiquettes takes over the Ukrainian subsidiary by 100%.
September 13, 2011
New Road Construction Project in Bulgaria for Alpine
Rehabilitation of 109 km of road - Contract value: € 20 m - 24-month construction period.
September 12, 2011
Austrian Textile Industry is Optimistic
The Austrian Chamber of Commerce sees a positive development in the domestic textile industry, especially in the export sector.
September 12, 2011
Trumpf Austria: „European Quality and Asian Cost Level“
In the last business year 2010/11, Trumpf Maschinen Austria was able to report substantial growth. The Austrian subsidiary of the German company still experiences no downturn of the business cycle.
September 12, 2011
Miba Reports Strong Growth in Sales
The Austrian component supplier achieved a sales increase of 38.5% in the first half of FY 2011/12. EBT amounted to € 28.6m, slightly higher than in the previous year.
September 9, 2011
RHI AG: Change in the Management Board
Henning E. Jensen informed the Supervisory Board of RHI AG today that he will resign, with immediate effect, from his function as the CEO of RHI AG on his own request.
September 7, 2011
Lenzing Group: Capacity expansion completed at the Heiligenkreuz/Burgenland plant
The Lenzing Group has successfully completed its capacity expansion drive initiated three years ago at the fiber production facility located in Heiligenkreuz (Burgenland, Austria).
September 7, 2011
Italian Strabag subsidiary Wins € 161m contract in Tuscany
Adanti, the subsidiary of the Austrian building company will upgrade the State Road 223 between Grosseto and Siena. Adanti´s share is 65%.
September 7, 2011
Agrana Raises Sugar Price Drastically
The Austrian sugar and starch company confirmed that the sugar price will rise significantly by the beginning of October. This is due to the “world market price”, the company stated.
September 6, 2011
Slight Decrease in Profits for Zumtobel
The Austrian lighting company reports rising revenues in the first quarter 2011. Profits are declining.
September 6, 2011
A-Tec Accepts Offer of Contor Industries
After several months of negotiations a decision has been made: The group will be split up, ATB and Montanwerke Brixlegg will be sold to foreign investors.
September 5, 2011
ZKW Expands Rapidly
The Austrian component supplier raises its production significantly. A new factory site in China has been opened.
September 5, 2011
voestalpine Merges Subsidiaries in the Automotive Division
The structural parts group of the Austrian steel company’s automotive division is united within voestalpine Stamptec.
September 1, 2011
Alpine Reports Drop in Earnings
Austria’s second largest construction group incurred a loss of € 3.1m in the first half of the year. Strong growth in construction output was offset by increasing material and personnel expenses.
August 31, 2011
Strabag Posts Positive Semi-Annual Earnings for the First Time
The Austrian construction company recorded outstanding results in the first half of the year. Output volume grew by 17%, EBIT improved from € -10.36m to € 16.67m.
August 31, 2011
Strong Growth in Industrial and Construction Turnover
Positive production trends in industry and construction in May 2011; total turnover up 18.7%. Automotive industry and engineering are dominant factors.
August 30, 2011
Slight Increase in Construction Output
Austrian output of construction of buildings and civil engineering increased by 1.9% in the period from January to May 2011. Volume of orders grew 7.9%.
August 30, 2011
C.A.T. oil: EBIT Burdened by Higher Depreciation Expenses
The Lower-Austrian provider of oil and gas field services reported mixed results. Revenues increased by 24.4%, EBIT declined by 19.4% to € 10.0m.
August 30, 2011
Strabag Bores New Tunnel in Canada
The Austrian construction group won a € 200m contract for a wastewater tunnel in the Greater Toronto Area. It is a follow-up order after completion of tunneling below Niagara Falls.
August 29, 2011
HTI Continues Positive Development in Second Quarter
The Austrian technological group recorded a plus in revenues of 7.1% in half-year comparison. The net result improved by € 3m to € 2.2m.
August 29, 2011
Palfinger Closes Acquisition of Russian Inman
The Austrian crane producer completed the takeover of its Russian competitor. The deal is regarded as an important step in the company’s growth strategy in the CIS area.
August 26, 2011
Magna to Build Battery Factory in Styria
The international component supplier and Frank Stronach will start production of batteries for electric vehicles. They received a major order from Mercedes.
August 26, 2011
A-Tec: Supervisory Board Postpones Decision to September
A decision on the sale of the insolvent conglomerate will not be taken before 2 September. Penta Investments is irritated by the offer of a competing bidder.
August 26, 2011
Rosenbauer: CEO Wagner Retires
The boss of the Austrian manufacturer of fire fighting vehicles draws the consequences from the company’s involvement in cartel agreements on the German market.
August 26, 2011
Strong Profit Increase for Frauenthal Group
The Austrian component supplier reported growing revenue for the period from January to June. Net profit more than doubled to € 6.1m.
August 24, 2011
Fast News Search
This category only
