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Vienna International Industrial Company News
Read the latest headlines about Austrian industries


Voestalpine to Take Over Trafilerie di Cittadella S.p.a

Voestalpine extends its welding technologies product portfolio with an acquisition in Italy.
June 3, 2013


Zagreb: In-depth Analysis of SEE Infrastructure Development Plans

Many countries of Southeast Europe are outlining ambitious infrastructure development plans within transport, social, energy and environmental projects.
June 1, 2013


Kapsch Completes Successful Trial of EETS In Poland

Landmark moment for harmonization of European road networks.
May 27, 2013


Russia As Big Disappointment for Strabag-CEO

Austrian construction company Strabag has hoped to have gained substantial foodhold in the Russian market by now.
May 27, 2013


Siemens to Cut 1,000 Jobs in Austria?

No official figures were disclosed. However, there are “programs”, which have to be negotiated with employees, according to a spokesman.
May 24, 2013


FCC Wants Guggenheim Partners As Financial Ally

With debts having amounted to more than € 8bn, Spanish parent company of Alpine is now looking for potential financial partners.
May 24, 2013


Voestalpine Intends to Boost Business in Germany

The Upper-Austrian steel manufacturer voestalpine wants to significantly increase its business in Germany.
May 23, 2013


Red Bull: Austria’s Most Valuable Brand

According to the brand ranking “Brandz” by Millward Brown, Apple leads the way. Red Bull comes at 83rd rank before Pepsi and Nescafe.
May 21, 2013


Croatia: Plans For Croatian Airlines’ Bankruptcy

The Croatian government has started planning in case of its national carrier declaring bankruptcy.
May 21, 2013


Alpine Denies Bankruptcy Rumors

The Austrian construction company is to sell its affiliates. However, the expected sale earnings are disproportionate, according to experts. Spanish parent company FCC is said of not being able to raise any further aid money.
May 17, 2013


Austria: Biggest Investor in Serbia

Serbia encourages Austrian enterprises to further invest in Serbian industries.
May 16, 2013


Voestalpine Hopes for Participation in South Stream Project

CEO Eder announced the Austrian Steel Manufacturer was leading “intensive” talks with Russian energy company Gazprom.
May 16, 2013


Alpine: Dispute in Poland About to Escalate

A dispute about the construction of a bridge has intensified. The construction company Alpine has withdrawn from the contract for the building of a highway segment in Poland.
May 15, 2013


Bosnia, Serbia and Turkey to Sign Economic and Trade Agreement

Ministers for trade and economy from Ankara, Belgrade and Sarajevo agreed to improve economic relations in an effort to enhance shared trade.
May 15, 2013


Austria: EU Competition Authority to Search Agrana

The European competition authority has paid a visit to listed starch and sugar producer Agrana in April.
May 15, 2013


Strabag Subsidiary to Build Motorway in Poland

Strabag subsidiary building A4 motorway in Poland
May 14, 2013


Rosenbauer: Out of Court Settlement Reached

Rosenbauer and two other manufacturers have signed a settlement agreement with the German municipal umbrella organizations providing for out-of-court restitution in connection with the fire fighting vehicle cartel in Germany.
May 14, 2013


US Software Producer Oracle to Invest in Romania

US software producer Oracle will invest approximately € 100m in Romania
May 14, 2013


Austria: Pipelife Strengthens Wienerberger Q1 Results

Long, snowy winter leads to volume declines for Bricks & Tiles Europe. Report First Quarter 2013
May 8, 2013


EU Commission: Action Plan for Steel Industry in Europe

During his visit to Linz, EU Commissioner for Industry and Entrepreneurship Antonio Tajani announced measures for the steel industry in Europe.
May 7, 2013


AMAG: Slight Decrease in Sales in Q1 2013

Sound earnings despite strong decline in aluminium price.
May 7, 2013


Magna Negates Downsizing

The Canadian-Austrian automotive component supplier Magna has rejects the alleged cut in workstaff in its plant in Graz.
May 6, 2013


Magna: Workstaff in Europe to be Reduced

According to CEO Walker the factory in Graz needs to become more efficient.
May 6, 2013


Istanbul to Receive € 22bn for World's Largest Airport

Today, a Turkish construction consortium has secured itself a record sum of around € 22bn for the contract of the construction of the world’s biggest airport in Istanbul.
May 3, 2013


CESEE: Business Climate Index Dropped in April

Enterprises in CESEE countries remain cautious for the most part.
May 2, 2013


RHI: US Proceedings Completed

Chapter 11 proceedings of the US companies deconsolidated in 2001 completed
May 2, 2013


Germany: Upgrade and Expansion at Zumtobel Plant in Usingen

Lighting manufacturer invests 1.2 million euros in energy concept and factory hall expansion. Annual energy savings of approx. 25 per cent. EU Green Building certification applied for.
May 2, 2013

Vienna: Infrastructure & Construction Summit Brings Together All Balkan Countries
Government ministers from Austria and various Balkan countries will be discussing infrastructure and construction in the region at a two-day summit in Vienna at the end of May.
April 30, 2013 · Sponsored Content


Lopatka: „Poland Important Economic Partner and Ally of Austria in EU“

Austrian State Secretary encourages bilateral relations and trade between the two Central European countries as well as improved relations between EU and US.
April 30, 2013


Voestalpine: Compensations for Deutsche Bahn

Deutsche Bahn (DB) is to receive compensations by Austrian steel manufacturer voestalpine.
April 29, 2013


Alpine and Porr to Be Compensated by Serbia

The Austrian construction companies Alpine and Porr claim € 71m from Serbia before the court of arbitration due to a flopped major project for the building of a highway.
April 26, 2013


US: Most Important Export Market for Austrian Wine

The United States have replaced Germany as the most important export market for Austrian wine.
April 25, 2013


CEO of Alpine: „Hubris Led to Losses“

Schiefer, new CEO of Alpine, explained in an interview why Alpine made losses in 2012.
April 25, 2013


Austria: Porr to Increase Capital

Listed construction company Porr AG intends to get up to € 20.7m from the stock exchange. The offer only includes selected investors and existing shareholders.
April 25, 2013


Slovakia: R&D Spendings Low But Increasing

Compared with other countries, Slovakia’s R&D spendings are little but slowly and steadily they are increasing. Among the countries with the highest growth rates of R&D spendings, Slovakia ranks 5th.
April 22, 2013


KTM: Strong Growth in Q1 2013

Sales: 26,029 vehicles / +34.1%, Revenue: 163.5 mio. EUR / +20.5%, Overproportional growth in Asia (+424%), Increase of market shares in Europe (+9.4%) and US (+23.3%)
April 22, 2013


Hungary: Lopatka Presses For Legal Security for Austrian Enterprises

State Secretary Reinhold Lopatka met with Hungarian State Secretary for European Affairs Gergely Pröhle in Budapest toda to urge for legal security for Austrian enterprises in the neighboring country.
April 19, 2013


Germany: New Building for Brandenburg by STRABAG

Agreement on the financing, planning, construction and operation over 30 years of an office building in the state capital of Potsdam. Project value € 82 million
April 19, 2013


Slovenia: State Aid to Rescue and Re-Structure Companies

At its regular session, the Government also approved the draft Act Governing the Rescue and Restructuring Aid for Companies in Difficulty.
April 18, 2013


Slovenia to Emerge From Quagmire By Itself?

A recent report by the OECD paints a dim picture of the country’s economic future.
April 17, 2013


„Unlawful“ Farming in Hungary

The estimated 200 Austrians, who are engaged in agriculture in Hungary, are apparently not highly esteemed by Hungarian Prime Minister Viktor Orban.
April 16, 2013


Czech Republic: Finance Ministry Worsens Economic Outlook

In an updated macroeconomic forecast for the economic development, the Czech Finance Ministry deteriorated the country’s outlook.
April 16, 2013


Russia: Most Important Future Market for Opel

Head of General Motors, Dan Akerson, regards Russia as the most important future market for Opel.
April 15, 2013


Major Project for Alpine In Berlin

Alpine to build 345 appartments in Berlin. Building permission of € 56m project was announced yesterday.
April 12, 2013


Czech Republic: 5.7 % Decrease of Industrial Production.

In February 2013, industrial production decreased at constant prices by 5.7%, year-on-year; working day adjusted decreased by 1.6%. Compared to the previous month, seasonally adjusted industrial production was higher by 1.6%.
April 9, 2013


Fitch: Poland Best Placed For Economic Recovery

In a statement regarding a report on the need of structural reforms in the CESEE region, rating agency Fitch awarded Poland the best position for an economic recovery among five countries.
April 9, 2013


Czech Republic: Exports and Imports Decreased Considerably

In February 2013, according to preliminary data of ‘cross−border statistics’, exports and imports at current prices fell by 3.6% and 4.4%, year-on-year (y−o−y), respectively.
April 9, 2013


Slovakia: US Steel to Keep Producing in Kosice

US Steel and the Slovak government have come to an agreement which allows the steel manufacturer to stay in Eastern Slovakia.
April 8, 2013


Russia: Economic Growth Below Expectations

The Russian economy is flatlining. The government and the Central Bank of Russia (CBR) blame each other for the current state of affairs.
April 8, 2013