Sponsored Content
Vienna International Industrial Company News
Read the latest headlines about Austrian industries
Hungary: Constitutional Amendmends Signed By Vast Majority
EU Commission fears that Hungary’s state institutions will have to experience major restrictions.
March 12, 2013
Czech Republic: Slight Increase of Consumer Price Index
Consumer prices in February increased by 0.1% compared with January. This rise came primarily from price increases in 'transport' and 'recreation and culture'. The year-on-year growth of consumer prices decelerated to 1.7% in February (1.9% in January).
March 11, 2013
Czech Republic: GDP Decreasing by 2.1%
The gross domestic product adjusted for price, seasonal, and calendar effects decreased according to the refined estimate by 1.2% compared to 2011; the decrease was gradually deepening during the year.
March 11, 2013
Austria: RHI Faces Downsizing
RHI, the Austrian manufacturing company of fireproof equipment for steel and cement factories, needs to economize and is considering closing down in Europe.
March 9, 2013
Lithuania: Exports Decreased by 7.6 % in January
Foreign trade in January 2013 decreased. Major losses in Agricultural sector.
March 8, 2013
Estonia: Hope For Employment Rate to Increase
Employment continued to grow at the end of 2012.
March 8, 2013
Hungary: Austrian Farmers on the Verge of Dispossession
A new regulation should help Hungarians prevent from "greedy speculators".
March 8, 2013
Recession in Euro-Area Still Affects CESEE Countries
According to the Vienna Institute For International Economic Studies (wiiw), the double-dip recession over, yet there is no economic growht in sight for CESEE countries.
March 7, 2013
Hungary: Industrial Production Continues Decreasing
According to preliminary data, the Hungarian industrial production decreased by 1.4% in January.
March 7, 2013
Hungary: Expropriation of Foreign Farmers
Prime Minister Viktor Orbán announced further steps and plans the dispossession of foreign investors.
March 7, 2013
Romania: Slight Increase of GDP for 2012 at 0.1 % on Y/Y Comparison
Record decrease at 24.6 % in agriculture, industrial production better off with decrease of 2.4 %. The highest increase was recorded in IT and communication, services and health/social assistance.
March 6, 2013
Latvia: Drop in Industrial Productivity by 3.5 %
Data of the Central Statistical Bureau show that, in comparison with December 2012, industrial production in January 2013 has declined by 3.5 %
March 6, 2013
Estonia: Turnover in Business Sector Increased by 7 %
2012 proves to be a successful year for the business sector
March 6, 2013
Slovakia: Gross Domestic Product Rose in Q 4 of 2012
Compared to Q 3 of 2012 this means an increase of 0.2 %, by y/y the GDP rose by 2 %.
March 6, 2013
Lithuania: Investment in Tangible Fixed Assets and Construction 2012 Grew Slightly
Statistics Lithuania presents a statistical publication Investment in Tangible Fixed Assets and Construction, which provides statistical information for the year 2012 prepared based on quarterly statistical survey data.
March 6, 2013
Austria: Zumtobel Attracted Attention of FMA
The sudden price slump of 6 % for shares astonishes the authorities. Profits have dropped from € 18.0m to € 9.7m.
March 6, 2013
Austria: New CEO for Alpine
The construction company was saved from bankrupcy and is now looking for a new CEO
March 5, 2013
“Austrian Industry Still Taking a Breather”
Signs of a stabilisation emerging in employment. |Reduced cost pressure as a result of current price trends. | Delayed spring awakening in industry may provide too little support for a GDP increase in the first quarter of 2013.
March 5, 2013
Austria: Zumtobel Shows Profit Shrinkage and Faces Structural Measures
Group revenues fade by 1.8% to EUR 946.5 million (prior year: EUR 964.2 million) while adjusted EBIT totals EUR 29.5 million (adj. EBIT margin: 3.1%; prior year: 3.5%). Adj. EBIT is higher in Q3 than in prior year due to structural adjustment measures.
March 5, 2013
Austria: Alpine Turns Out a Big Burden For FCC
The construction company has avoided bankrupcy and is save – for the time being.
March 5, 2013
Czech Republic: Economy still Down. Hopes are Up.
Specialists, despite of the current situation, predict slight economic growth for 2013 after year of recession.
March 4, 2013
Hungary: Percentage of Foreign Direct Investments in Decline
Foreign Direct Investments in 2012 was 5.2 % less than in 2011. According to the statistical central office in Hungary (KSH), the drop in the last quarter showed even -7.9 %. Massive declines in almost all sectors.
March 4, 2013
Austrian Construction Group Alpine Rescued
For the time being, Alpine´s bankruptcy could be prevented. The creditors agreed on a partial waiver.
March 4, 2013
Slovakia: Economy Stagnating
On February 22, the European Commission anounced its modifications concerning the annual prognosis of the eurozone’s economic outlook for 2013. While the majority of the countries are in recession, Slovakia’s economy is forecast to grow by 1.1 %
March 4, 2013
Alpine: Austrian Ministry of Finance Rejects Waiver
Although the banks reached an agreement, the restructuring of the Austrian construction group may collapse.
March 1, 2013
Romania: Moderate Growth in Manufacturing and Construction Industry
Trends in the evolution of economic activity during: February - April 2013.
March 1, 2013
Hungary: Rise in Investments in Manufactury Industry
Yet investments in the national economy in general dropped by 7.9 % compared to the last quarter of 2011.
March 1, 2013
Alpine: Future Still Highly Uncertain
Today, Alpine´s creditors decide whether the financially stricken construction company will be restructured.
February 28, 2013
Alpine: Major Contract in Czech Republic
Alpine to rehabilitate the Czech D1 Motorway. Final award of contract to the Alpine/OHL ZS consortium upon expiration of statutory period for filing objections.
February 26, 2013
Austria: Wienerberger in the Red
Results for 2012:Group revenues: € 2,356 million (+23% versus 2011). Operating EBITDA: € 246 million (+2% versus 2011). After tax loss: € 41 million.
February 26, 2013
Austria: Final Talks about the Future of Alpine
Everything revolves around the debt cut and the Future of Construction Company.
February 25, 2013
Austria: Agrana Looking for New Market Shares in CEE and CESEE
CEO explains why Croatia and Serbia might be interesting settings
February 25, 2013 · Updated: February 25, 2013; 18:53
Czech Republic: Trends in 2012
Export and Import Price Indices and Price Indices for International Transport
February 25, 2013
Czech Republic: Agrofert Takes Over German Bakery Chain Lieken
Barilla, the world’s leading manufacturer of pasta products, announced that it had fixed a deal with the Czech company Agrofert to sell the German baking enterprise, Lieken AG.
February 25, 2013
Strabag to Return to Libya
Because of the war in 2011, the Austrian construction group withdrew from Libya. In total, 1,500 workers were employed in Libya.
February 23, 2013
Porr Achieves Turnaround
The Austrian construction group could generate a stable output. The order stock has reached a new record high.
February 23, 2013
Agrana Expanding in the US
The Austrian sugar, starch and fruit company Agrana is expanding its market presence in North America by constructing a fruit preparation plant in the Northeastern Region of the US.
February 22, 2013
Hungary: Sharp Decline in Dwelling Construction
In 2012, 10560 new dwellings were built, 17 percent fewer than in the previous year. The number of dwelling construction permits was 10600, a 15 percent decline compared to the data of 2011.
February 22, 2013
Strabag and Rio Tinto Enter into Exclusive Partnership
Cooperation between the Austrian construction group and the Australian mining group in research & development. Two phases: field trials and exclusivity period-
February 22, 2013
Palfinger Establishes Joint Venture for Access Platforms in Italy
The Austrian crane manufacturer is establishing Palfinger Platforms Italy Srl., a joint venture with headquarters in Bolzano, Italy.
February 19, 2013
Construction Industry: Polish Output Fell Sharply
In the EU, the construction output was down by 2.7%. Poland and Bulgaria record a substantial decrease in production.
February 19, 2013
Voestalpine´s Research Expenditures Have Tripled
Since 2000, voestalpine´s research expenses were up to € 132m. this corresponds to 1.1% of the total sales.
February 16, 2013
Hungary´s Construction Output Falls by 6%
Year-on-year, construction output decreased by 5.9% in 2012 and by 3.1% in December. Over the whole year, both the construction of buildings (7.6%) and civil engineering works (4.0%) decreased.
February 15, 2013
Strong Growth in Lativan Construction Industry
Data of the Central Statistical Bureau show that, in comparison with 2011, construction output in 2012 has grown by 14.8%. Of which construction of buildings increased by 14.7% and of civil engineering structures – by 16.2%.
February 15, 2013
Major Contracts For Palfinger
The Austrian crane manufacturing group awarded marine contracts for EUR 90 million.
February 14, 2013
Hungary: Industrial Production Shrinks Considerably
In December 2012, industrial output was 7.6% lower than a year ago.
February 14, 2013
Strabag: Results in 2012 Below Initial Targets
The Austrian construction group records a slightly shrinking output volume. The order backlog was down by 1%.
February 13, 2013
Bulgaria: Trade and Industrial Sectors Shrink
In November industrial production contracted at the same rate as in October (1.8%). The volume of output of manufacturing remained unchanged on an annual basis. The real-terms decline of domestic trade accelerated to 7.4% yoy.
February 11, 2013
Latvia: Industrial Sector Grows Significantly
Data of the Central Statistical Bureau show that, compared to 2011, manufacturing turnover1 at current prices in 2012 increasedby 11.9%, of which in domestic market by 5.7% and in export - by 18.2%. However, the growth flattens.
February 11, 2013
Voestalpine to Announce Decision on Expansion Into North America
The Austrian steel group plans a major investment in North America. According to voestalpine´s CEO Wolfgang Eder, the decision will be announced in February.
February 9, 2013
Fast News Search
This category only
