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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