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Vienna International Industrial Company News
Read the latest headlines about Austrian industries
RHI Is Considering Raising Capital
The refractories manufacturer RHI wants to continue growing, and will need between 400 and 500 million euro for its expansion plans, the new boss of the group, Henning Jensen, said at the "Q-Check" experts forum.
October 6, 2010
AVL Opens Battery-Testing Lab in Shanghai
With the opening of its battery laboratory at AVL Shanghai Tech Center in China, the company has taken a further visible step on the path toward powertrain electrification in the area of battery development.
October 6, 2010
Schoeller-Bleckmann Acquired Dubai Based Special Tools Provider
Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX market of the Vienna Stock Exchange, has successfully completed acquisition of Drilling Systems International Ltd. (DSI).
October 5, 2010
Hypo Alpe-Adria: 25% of the Slovenian Merkur DIY Chain Put Up for Sale
Hypo Alpe-Adria-Bank International has put up for sale a 25% share of Merkur, the insolvent Slovenian DIY and home improvement products chain, in the daily newspaper "Delo”
October 5, 2010
Alpine: New 140 Million Euro Motorway Contract in Poland
The construction company from Salzburg is to build an 18-kilometer motorway section for almost 140 million euro.
October 5, 2010
Skylink: Position on the Report of the Audit Court
The contents of the Rechnungshof (Audit Court, RH) report is said to be prejudicial; the Airport Board will submit its opinion today.
October 4, 2010
Kapsch TrafficCom: Polish 1.24 Billion Euro Contract for Truck and Bus Toll System
The company listed in the Vienna Stock Exchange will build up the entire toll system for trucks and buses weighing over 3.5 tons on Poland's roads for July 2011.
October 4, 2010
FACC Grows and Hires
The aircraft supplier FACC, since recently Chinese property, plans to grow further this year. In order to do this, the company needs 150 new employees.
October 1, 2010
Baur: Sales Growth and Eastward Look.
Baur Prüf- und Messtechnik reported a moderate growth in sales during the crisis year. Now the company wants to continue growing abroad.
October 1, 2010
Bogner Edelstahl Continues to Grow
Austrian stainless steel specialist Bogner is pursuing an ambitious expansion plan in spite of the sales drop.
September 30, 2010
Vienna now has its own Expat Center
In Vienna, the first Expat Center in Austria was opened. The project was handled by the Vienna Business Agency (former WWFF).
September 30, 2010
Rehau invests EUR 2 million into office centre in Guntramsdorf
Polymer producer Rehau is to invest more than EUR 2 million into the modernisation of its Austrian office centre in Guntramsdorf, near Vienna.
September 30, 2010
Mondi - Russia's Syktyvkar Mill modernized
Paper and packaging group Mondi confirmed that the modernization of its Russian mill was complete and the mill was ready to meet Eastern Europe's growing demand for uncoated fine paper and container board.
September 29, 2010
Russian Machines: Siegfried Wolf Obtains a Stake and Receives Clear Voting Rights
Siegfried Wolf, one of the two former top executives of Magna International not only changes over (as reported) to Oleg Deripaska's “Basic Element” company, but will also have a stake in it.
September 29, 2010
Deripaska: Back to Austria as Strabag Shareholder?
In 2 weeks, on October 15, the deadline expires for Oleg Deripaska to re-purchase his 25% share of the domestic construction company Strabag for about half a billion euro.
September 29, 2010
Magna: Rapprochement to Opel through Astra-order
Magna will take over the development of a new Opel Astra model. Just a year ago, Magna attempted to acquire the whole German GM subsidiary, but the takeover was aborted by General Motors.
September 29, 2010
Insolvencies: Declining Trend for Both Companies and Individuals
KSV expects 10% less insolvencies for 2010, but warns about the consequences of fiscal budget adjustment.
September 28, 2010
A-Tec - Franz Fehringer appointed as CFO
Franz Fehringer, head of the Treasury and Accounts Department, and a member of the management team, has been appointed as the group´s Chief Financial Officer.
September 27, 2010
Oerlikon: Acquittal for Stumpf, Vekselberg, Pecik
In the case of Oerlikon, the Swiss Federal Criminal Court acquitted investors Viktor Vekselberg, Georg Stumpf and Ronny Pecik from the charge of violating the Exchange Act in the case of OC Oerlikon.
September 24, 2010
A-Tec has Good Prospects on Shipping Company in Rijeka
The Croatian Competition Agency (ATZN) gives the Austrian A-Tec group under Mirko Kovats good chances in the bid for the privatization of the shipyard "3 Maj" in Rijeka.
September 24, 2010
Lenzing places EUR 120 million corporate bond with mainly private investors
Lenzing AG, a world market leader in man-made cellulose fibers, placed a seven-year corporate bond with a coupon rate of 3.875 %.
September 24, 2010
Austria Continues Being the Largest Investor in Romania
"Romania is an important market in Eastern Europe for the Austrian economy. Its great importance for us is proved by the fact that Austria is by far the largest investor in Romania"
September 23, 2010
HTI Subsidiary Gruber & Kaja Receives 45 Million Euro Contract
HTI technology group wins a new major contract worth a total of around 45 million euro to be executed in the term of eight years.
September 23, 2010
Böhler-Uddeholm Forge Operation Obtains 130 Million Euro From voestalpine
The stock exchange listed steel group voestalpine has invested 130 million euro in a new forge operation at Böhler Edelstahl, Kapfenberg.
September 23, 2010
Magna International - Openings of New Plants in St. Petersburg Area
Magna International Inc., the world’s most diverse automotive supplier, announced today the opening of three facilities in the St. Petersburg, Russia, area.
September 23, 2010
Liebherr Lienz Employees on Short Time
The refrigeration equipment manufacturer requests AMS for short-time working aid from mid-October to mid-April 2011. Liebherr had 80% of its workforce working short time already in 2009. At the Lienz site, a staff of 1,475 is currently employed.
September 22, 2010
Siemens Austria: Corruption Prosecution Expands Investigation
According to a media report, the prosecution has questioned two ex-managers of the group on suspicion of infidelity. They allegedly bribed business partners in South Eastern Europe.
September 21, 2010
Zizala to spend EUR 15 million for plant development
Zizala Lichtsysteme GmbH, Wieselburg, Lower Austria invested some EUR 15 million in the development of its plant in Scheibbs, in a bid to raise its production capacity.
September 20, 2010
Strabag acquires property und facility management service provider in the Czech Republic
The acquisition of 100% of ECM Facility a.s., Prague garantes the number 5 position in property & facility management in the the Czech Republic.
September 20, 2010
Austria's Management and Supervisory Boards’ Salaries on the Test Bench
The partly state-run OMV had the most expensive board of all Austrian corporations in 2009. In total, the oil company spent 10.2 million euro on its bosses, 23.4% more than the previous year.
September 20, 2010
A-Tec's Subsidiary AE & E: CFO Brandt Moves to Sulzer
AE & E’s CFO, Juergen Brandt, will be CFO of the Swiss industrial group Sulzer. Jürgen Boggild moves to the Board.
September 20, 2010
Ferdinand Piëch: Fortune Transferred to Austrian Foundations
The 73-year-old Porsche co-owner and Volkswagen's supervisory board chairman Ferdinand Karl Piëch has bequested his fortune.
September 20, 2010
Hypo Alpe Adria: Greek Entrepreneur Xeniadis Signals his Interest in Buying
The Greek businessman Vasileios Xeniadis is prepared to offer 1.35 billion euro for Hypo Alpe Adria.
September 16, 2010
Polytec Takes Off on the Stock Market. Huemer's Vision Blooms Again
The share of the auto supplier Polytec surprises the Vienna Stock Exchange with price jumps. "Who knows what is behind it," they say.
September 14, 2010
Asfinag Bond: The Motorway Operator Picked Up 1.3 Billion Euro
The local motorway operator Asfinag picked up 1.3 billion euro on the capital market.
September 14, 2010
Magna - Siegfried Wolf to leave in November
Magna International Inc. today announced that Siegfried Wolf, Magna's Co-Chief Executive Officer, has resigned as a director and officer effective November 15, 2010.
September 13, 2010
Plansee expands into India and China
Despite the decline in sales, the Tyrolean company Plansee expands into Asia.
September 13, 2010
XXXLutz takes over Slovenia's largest furniture retailer
The furniture store XXXLutz recently took over Slovenia’s largest furniture retailer Lesnina.
September 10, 2010
Bauhaus arrives in Bulgaria via Vienna
The German do-it-yourself group Bauhaus, which controls all its CEE business from Austria, has ambitious plans for Bulgaria.
September 10, 2010
Personnel-leasing PSL - 61 positions are tottering
As part of its reorganization, PSL wants to lease the company for a rent of 80 percent of the POA to the new PRS Personalservice GmbH.
September 9, 2010
Parker Hannifin opens subsidiary in Upper Austria
In the future, Parker Hannifin, a U.S. industry supplier, will operate in 17 CEE countries from Austria.
September 8, 2010
Opel - Plant in Vienna Aspern provides EUR 10.6 million per year to Germany
The staff of the automotive plant of General Motors in Aspern provides around EUR 10.6m p.a. for the reorganization of German car producer Opel
September 3, 2010
Kapsch TrafficCom's South African subsidiary wins contract worth EUR 17.5 million
TMT Services and Supplies, the South African subsidiary of Kapsch TrafficCom has been awarded a contract by the City of Johannesburg worth approximately EUR 17.5 million.
September 2, 2010
Magna - Plan of arrangement completed
Magna's plan of arrangement to eliminate Magna's dual-class share structure has been completed.
September 1, 2010
Miba Acquires Producers of Power Electronics Components
Miba, strategic partner to the international engine and automotive industry, has acquired EBG and DAU, producers of power electronics components, as of September 1, 2010.
September 1, 2010
Registration numbers of new passenger cars are up
Provisional number of new passenger car registrations in August 2010: +10.4%.
September 1, 2010
Teak Holz issues convertible bond with value of EUR 10 million
The bond matures in five years and bears a coupon of 5 percent.
September 1, 2010
Strabag cutting down losses
The construction company increased its backlog by ten percent, the number of employees fell by six per cent, the net loss was cut in half.
August 31, 2010
More profits and less jobs at Rosenbauer
The fire service supplier earned €14.64m ($18.7) this year, €4.21m ($5.37) more than a year ago.
August 30, 2010
Kapsch TrafficCom returns to profit zone
The listed “tolls specialist” has doubled its sales to almost €66.3m ($83.88) in the first quarter.
August 25, 2010
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