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Vienna International Industrial Company News
Read the latest headlines about Austrian industries
Austrian Paper Industry Shows Itself Cautiously Optimistic
2010 was marked by a production volume increase of 9%. Investment behavior remains hesitant.
April 7, 2011
Polytec Achieves Turnaround
The Austrian component supplier could improve its results substantially. Net profits are in the black again.
April 7, 2011
Bene Still in the Red
The Austrian furniture company could improve its results slightly. However, EBIT is still negative. Turnover decreased by 5%.
April 7, 2011
Andritz Defends Itself against the Greens
The Austrian technology group rejects vehemently the accusation of the Greens concerning the alleged sale of nuclear technology to Pakistan.
April 6, 2011
Saubermacher: Further Expansion in the SEE Region
The Austrian waste recycler takes over a Croatian supplier and takes further expansion steps.
April 6, 2011
Tough Collective Bargaining in the Electrical Industry
The second round of collective bargaining in Austria's electrical industry had to be interrupted. About 50,000 workers are affected.
April 6, 2011
Hirsch Servo Opens New Plant in Romania
Expanding its eastern and southeastern European production network, the HIRSCH Servo Group is setting up another operation in Oradea/Romania. Production at the site will total some 600 tonnes of packaging material a year.
April 6, 2011
FACC Expands Austrian Establishment
The Chinese aircraft component group accelerates the pooling of development activities at the Upper Austrian establishment.
April 5, 2011
Green Jobs are Booming in Austria
Environmental production and services sector defies the crisis – 2009 employment increases by 3.7%.
April 5, 2011
Plansee Expands Into Chile
The Austrian Plansee Group acquires minority ownership of the Chilean company Molibdenos y Metales S.A.
April 5, 2011
Wienerberger Acquires French Plastic Pipe Business from Alphacan
Alphacan France is a specialist for the development, production and maketing of PVC pipe systems.
April 5, 2011
Schlumberger Takes Over Distribution of Evian and Volvic
The Austrian sparkling wine producer considers this cooperation a "strategic expansion of the beverage competence by means of international Danone water brands".
April 5, 2011
Strong Year 2010/11 for Keba
The automation company has seen strong revenue growth in the previous year. The growth outlook is positive thanks to new markets.
April 2, 2011
Decreasing Output in Austria´s Construction Industry
Output of construction of buildings and civil engineering decreasing by 4.7% from January to December 2010. Volume of orders increasing by 0.3% at the end of December 2010.
April 2, 2011
BWT Back on Growth Path
Sales of the Austrian water technology company rose by 15.0% to€ 460.7m. EBIT is up by 17.4% to € 31.5m.
April 2, 2011
Frauenthal: Turnaround in 2010 Completed
Revenue was up by 19% to € 539.4 m (m). Profits rose from € -29.4m to € +17.4m.
April 1, 2011
AWO: "Great Italian Interest in Austrian Steel Know-How"
Foreign Trade Austria (Außenwirtschaft Österreich, AWO), sees good opportunities for domestic firms in Italy's steel industry.
March 31, 2011
Mixed Results for Crafts and Business Enterprises
Austria's business establishments are struggling especially with strong price pressures. Growth is moderate.
March 30, 2011
Bene Intensifies Activities in Asia and Australia
The Austrian office furniture manufacturer expands foreign operations. International sales are now conducted by Søren Trampedach.
March 30, 2011
voestalpine Increases Research Budget to a Record High
In the new business year 2011/12, which begins on April 1, 2011, the Austrian steel company set asiede more than € 120m for product and technology development.
March 30, 2011
Alpine: Confrontation with Polish Authorities
Due to the termination of a construction project, a violent dispute has broken out between the construction company and Polish authorities.
March 29, 2011
6.1 Million Cars in Austria
Stock 2010: over 6 million motor vehicles for the first time; Austrians own 4.4 million passenger cars.
March 29, 2011
€ 110m Project for Andritz
The Austrian technology group Andritz will supply Francis turbines and generators for the Mica hydropower plant in Canada.
March 29, 2011
Strabag Awarded for Project in Frankfurt
A subsidiary of the Austrian construction group Strabag, Züblin, is building the "TaunusTurm" in Frankfurt financial district. Construction period ends in 2013.
March 29, 2011
Brau Union with Stable Results
The Austrian brewery Brau Union has sold more beer again, while maintaining sales and profits. Innovations and a more aggressive pricing policy provided for market growth.
March 26, 2011 · Updated: March 26, 2011; 12:10
Austrian Industrial Production Still Growing
Statistics Austria: Rise in Production index in January 2011: 8.4% over January 2010
March 26, 2011
IPO of AMAG in April
The aluminum company Austria Metall AG is the first company going public in Vienna since 2007. The free float will amount to 55%.
March 25, 2011
Upward Trend for Austria's Machinery and Metal Products Industry
The Austrian machinery and metal products industry has recovered in 2010 from a very difficult previous year. Orders increased to € 29.6bn (+18.3%), production to € 32.7bn (+6.5%).
March 25, 2011 · Updated: March 25, 2011; 03:12
KTM in the Black Again
After serious losses in 2009, the Austrian motorcycle manufacturer records rising sales and operating profits again.
March 25, 2011
AT&S Expands in China
The Austrian electronics company plans to build a € 500m factory in China.
March 24, 2011 · Updated: March 24, 2011; 01:46
The Austrian Food Industry Still Suffers from Sales Decreases
The domestic food industry is faced with declining sales for the second year in a row: 2010 registered a decrease of 4.5%.
March 24, 2011 · Updated: March 24, 2011; 01:01
Collective Contracts: Wage Increase of 2.95% for 130,000 Construction Workers
In the current collective negotiation rounds, the construction union managed to get the so far highest wage increase. The paper-manufacturing industry agreed on an increase of 2.4%.
March 24, 2011 · Updated: March 24, 2011; 00:31
Good Prospects for Austria's Electric Industry
In its industry report, Bank Austria considers there is a sustainable recovery for the electric industry in spite of continued price pressures.
March 23, 2011
Semperit Raises Dividends
The Austrian Semperit Group confirms the figures announced on February 17, 2011 for the 2010 financial year.
March 22, 2011
Andritz: Order from Finland
The Austrian technology company Andritz supplies a biomass boiler island for Hämeenkyrön Voima, Finland.
March 22, 2011
Pankl: Operating Profits Rising
Pankl Racing Systems AG confirms preliminary figures for the 15-month period 2009/10. EBIT doubled. sales remained stable.
March 22, 2011
ÖBB: Massive Losses in Ireland
The ÖBB had to write off € 260m because of a sale and lease-back transaction.
March 19, 2011
Awards for Austrian Products at British Food Fair
Economic Delegate Karabaczek: Austrian food producers scored in product innovation and top-quality in the UK.
March 19, 2011
Rising Sales for Pfanner
The Austrian fruit juice producer achieves sales at its pre-crisis level. In 2010, sales amounted to € 235m after € 225m in 2009.
March 19, 2011
Wolford Achieves Significant Sales and Earnings Growth
The Austrian luxury clothing company reached a sales increase of 6.6 percent to € 120.0 m. Net profits grew by 59%.
March 19, 2011
Mayr-Melnhof: Satisfying Results for 2010
The Austrian packaging company realized an increase in sales by 11.1.% Profit was above the previous year´s level by 13.3%.
March 18, 2011
Tough Negotiations Epected in Austria's Electrical Industry
Collective agreement negotiations for about 50,000 workers in the electrical industry start today.
March 18, 2011
Wienerberger Acquires Belgian Brick Producer
The Austrian brick manufacturer reached the acquisition of facing brick producer Heylen Bricks in Veldwezelt, Belgium
March 18, 2011
Vienna Reacts to Predicted Housing Shortage
Union and construction industry welcome the "housing offensive" of the city government.
March 17, 2011
B&C Sells 29.9% of Lenzing AG
The initial step for the IPO of the Austrian pulp manufacturer Lenzing AG already has taken place.
March 17, 2011
Bosnia is a Promising Market for the Austrian Construction Industry
The Bosnian government invests in highway construction and energy: Austria is a top foreign investor in Bosnia-Herzegovina
March 16, 2011
Austrian Construction Costs Further on the Rise
According to Statistics Austria, construction cost continued to increase sharply in February 2011.
March 16, 2011
Lenzing: Demand is Greater than Capacity
The Upper Austrian pulp producer finds it difficult to cope with the growing demand. Further works are planned.
March 15, 2011
AMAG: € 170m Special Dividend before IPO
The owner of the Austrian metal company will sell 60% to 80% of the shares. Moreover, a capital increase is planned.
March 15, 2011
Nufarm Expands its Site in Upper Austria
The Australian manufacturer of pesticides is expanding production capacity at Linz.
March 12, 2011
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