Vienna International Industrial Company News

Read the latest headlines about Austrian industries

Griffner is Aiming at IPO for 2013

The Carinthian construction company, which specializes in ecological construction intends to acquire new capital in the coming years in order to expand.

March 12, 2011

Case IH: Increase in Tractor Production

The American company which produces tractors in Austrian St. Valentin, plans to expand its capacity massively.

March 12, 2011

FACC is Considering Going Public in Asia

The Austrian aircraft component manufacturer could soon be listed on the stock exchange in China.

March 11, 2011

Saubermacher Plans Expansion

The Austrian recycling company continues developing successfully. An expansion in South East Europe is being sought.

March 11, 2011

Schoeller-Bleckmann Records Steep Rise in Profits

Schoeller-Bleckmann Oilfield Equipment AG: Substantial profit improvement in fiscal 2010 – Dividend proposal € 1.00 after € 0.50

March 11, 2011

AMAG: First IPO since 2007

After more than three yeas, a new company will be listed on the Vienna Stock Exchange: the aluminum company AMAG.

March 10, 2011

New Plant for Agrana

The Austrian sugar and starch company builds a wheat starch plant - investment volume € 56m.

March 10, 2011

Capital Increase for Lenzing AG

Lenzing and B & C announce plans for Public Offering of Lenzing shares. € 75m are to be raised.

March 9, 2011

Borealis Invests in Linz

The Austrian-Arab plastics manufacturer builds a new plant for € 75m at the Upper Austrian location.

March 9, 2011

Lenzing AG: 2010 Figures Confirmed

The management of the Austrian Fiber Manufacturer proposes dividend of € 1.55 per share for 2010.

March 9, 2011

RHI: Rise in EBIT by 130%

The Austrian manufacturer of refractory products announced its preleminary results for 2010. Revenues increased by 23%. Operating result margin climbs from 6.4% to 9.1%.

March 9, 2011

Andritz: Favorable Business Development in 2010

The Austrian technology Group Andritz showed favorable business development in the 2010 business year. Sales rose by 11.1%, order intake increased by 23.4%

March 9, 2011

Austria's Construction Industry Expects Stagnation

In an interview with the newspaper "WirtschaftsBlatt", the CEO of the Porr construction company, Karl-Heinz Strauss, describes his prospects for the local construction industry.

March 8, 2011

Major Order from China for Emco

The A-Tec's subsidiary Emco has receaved an order from China for € 7m.

March 8, 2011

Strabag: Takeover of Swiss Companies

Strabag becomes third-largest construction company in Switzerland with acquisition of Brunner Erben and Astrada. Output increases up to € 615m.

March 8, 2011

Magna Europe in Euphoria

The Austrian-Canadian automotive supplier intends to increase car production significantly.

March 6, 2011

Stagnation in the Austrian Construction Industry

The economic outlook for the construction business continues being less favorable than for the overall economy. Only since 2012 is growth expected again.

March 5, 2011

Belo Monte: Construction Ban is Lifted

The recently imposed construction ban on the Brazilian building project was lifted in court. The dam has not to fulfill all requirements yet.

March 5, 2011

Andritz: Possible Loss of the Belo Monte Project

The Brazilian government is fighting for the realization of the controversial Belo Monte project, whose approval has been blocked in court.

March 3, 2011

Austrian Construction Supply Industry Stagnates

After a sales decrease of 11% in the crisis year 2009, total sales stagnates at € 3.2bn. The number of employees falls by 3.1%.

March 3, 2011

Volkswagen Acquires Automobile Trading Business of Porsche Holding Salzburg

Next major step towards the creation of the integrated automotive group of Volkswagen and Porsche

March 3, 2011

Binder+Co: Significant Rise in Sales and Profits

The Austrian engineering group Binder+Co was progressing well in 2010: sales revenues and EBIT above the level of last year, order intake up by 39%

March 3, 2011

2010 was an "Ambivalent Year" for the Austrian Paper Industry

Satisfactory capacity utilization, but rising costs for raw materials and personnel.

March 2, 2011

Austrian Production Rising Substantially

Opposing production trends in industry and construction in November 2010; turnover +14.5%. Strong increase of production in metal industry.

March 2, 2011

Output of Austrian Construction Industry Falls

Output of construction of buildings and civil engineering decreasing by 4.1% from January to November 2010

March 2, 2011

Strong Increase in Sales for austriamicrosystems

austriamicrosystems reports financial results for fiscal year 2010. With net profits of € 23.1m, he company managed the turnaround.

March 2, 2011

Merger between Agrana Juice and Ybbstaler Fruit Austria

The sugar, starch and fruit group Agrana and Raiffeisen Ware Austria (RWA) are considering a merger of their fruit juice concentrate subsidiaries.

March 1, 2011

Takeover of the Austrian Porsche Holding

The majority owner VW could soon take over the Austrian part of the Porsche Group. The price is € 3.3bn.

March 1, 2011

Alpine Builds in Norway

Bridge for 108 million Norwegian kroner (€ 14m) leads the way for further expansion of the Austrian building company into Northern Europe.

March 1, 2011

SW Umwelttechnik: Turnover up by 12%

Despite improving sales, the Austrian company still records losses. However, the operating results are positive.

March 1, 2011

Major order for Siemens Austria

The Austrian subsidiary of the German electronics group receives a new order from Poland for the construction of underground train sets.

February 26, 2011

Hirsch Servo Reports Improvements, but Still Losses

Sales rose by 20%, the EBIT could turn into black. However, profit after taxes are still negative.

February 26, 2011

BWT Records strong Increase in Sales and EBIT

The Austrian Water Technology company posts an increase in sales by 15%. EBIT grew by 17.4%.

February 26, 2011

Significant Growth for Borealis

The Austrian chemical company records substantial growth in sales. Profits grew from € 38m to € 333m.

February 26, 2011

Rosenbauer Group: Growing Sales and Results

EBIT could almost double, revenues rose by 10%. However, the order intake decreased by 14%.

February 24, 2011

Palfinger Announces Generation Change in its Supervisory Board

Hubert Palfinger and Alexander Exner retire from the Board. Hannes Palfinger and Heinrich Dieter Kiener are first-time nominees for election to the Board.

February 23, 2011

Agrana Expands in Russia

The Austrian sugar and starch company invests € 27.6m in fast-growing Russian market.

February 23, 2011

Wienerberger Still in the Red

The Austrian brick manufacturer experiences declining sales. Losses were reduced.

February 23, 2011

Libya: Withdrawal of Austrian Companies

Most Austrian companies are getting their employees out as the result of violent riots in Libya.

February 22, 2011

Sales Declining at Strabag

The Austrian construction company recorded an output volume at € 12.8bn in 2010. Order backlog up 6%

February 22, 2011

Pankl Racing Systems AG: Doubling Profits, Stagnating Sales

The Austrian component supplier´s EBIT doubled both in the 12-month and 15-month periods. In 2011, Pankl intends to raise sales by 10%.

February 22, 2011

Strongly rising Sales and Earnings for Lenzing Group

The Lenzing Group, an Austrian operator in cellulose fibers for the textile and nonwovens industry, achieved record results in the 2010 business year.

February 22, 2011

Record Sales for Würth Austria

The German supplier group recorded strong revenue growth. However, the operating result fell short of expectations

February 22, 2011

Knill Group Builds Factory in Russia for € 50m

The Austrian construction group records an order over € 50m for the establishment of the first optical fiber plant in Russia.

February 20, 2011

Baumit Group: Steady Sales

The sales situation of the Austrian construction group shows hardly any changes: sales for € 790m were recorded in 2010.

February 19, 2011

voestalpine: EBIT Rise Three-Fold

The Austrian steel company voestalpine records a further progression of earnings in 3rd fiscal quarter 2010/11.

February 19, 2011

Lenzing Sells Plastics Filaments Business

The Austrian fiber manufacturer sells plastics filaments business to consortium headed by the US-American Global Equity Partners

February 19, 2011

Semperit: Substantial Rise in Earnings

The Semperit Group could achieve a new revenue and earnings record in 2010. Revenue was up by 17.2%, EBIT rose by 18.4%.

February 18, 2011

Strong Sales Growth Expected for voestalpine

Analysts expect that the largest Austrian steel group will present strong quarterly results.

February 17, 2011

AE&E Quota only 5%

The largest division of the insolvent Austrian technology group A-Tec is likely to offer only very little to its creditors.

February 17, 2011