Vienna International Industrial Company News

Read the latest headlines about Austrian industries

Slovak Industrial Sector Continues to Grow

The Slovak Statistical Office has published the turnover figures in selected sectors of economy in January 2013.

March 13, 2013

Romania: Construction Output Goes Down

Volume of construction works, series adjusted with the working days number and seasonality, registered a decrease of 2.3% in January 2013, compared to December 2012.

March 13, 2013

Austria: New Head of Division for Magna

Former head of Opel, Karl-Friedrich Stracke, is going to assume the automotive engineering division at Magna in Steyr, Austria.

March 12, 2013

Andritz Lands Major Contract With Mondi

Andritz to support Mondi’s program for energy optimization and environmental protection with supply of state of the art plants and technologies

March 12, 2013

Slovakia: 3.4 % Increase in Industrial Production

Slovakia's industrial output grew 3.4 percent year-on-year in January, the Slovak Statistics Office (ŠÚ) informed on Monday, March 11.

March 12, 2013

Slovakia: Construction Output Declined by 14.1 %

In January 2013, construction output decreased, year-on-year, by 14,1 % to EUR 206,9 million. After seasonal adjustment, it decreased by 3,3 %, compared with December 2012.

March 12, 2013

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