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Read the latest headlines about Austrian industries
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
Slovak Construction Fell Massively
In December 2012, construction output decreased, year-on-year, by 16,5 % to EUR 416,9 million. After seasonal adjustment, it was higher by 0,7 % compared with November 2012.
February 8, 2013
Slovakia: Industrial Production Declining
In December 2012, industrial production index (IPI) decreased after a long-term year-on-year growth (since November 2009).
February 8, 2013
Voestalpine: CEO Eder Cautiously Optimistic
CEO Wolfgang Eder anticipates an economic recovery in the second half of 2013. Despite the difficult framework conditions, voestalpine´s management retains the earnings forecast.
February 7, 2013
Borealis to Acquire Outstanding Shares of TOTAL Affiliate GPN SA
Borealis, an Austrian provider of chemical and innovative plastics solutions, has made a firm offer to TOTAL to purchase all outstanding shares of GPN SA, France’s largest nitrogen fertilizer manufacturer.
February 7, 2013
Czech Industrial Production Slightly Decreased in 2012
Industrial production slightly decreased in 2012 after two years of growth. The year-on-year decrease started in the Q2 and gradually deepened in the following periods.
February 7, 2013
Czech Construction Industry Shrinks Substantially
Construction output down by 6.5% in 2012. In December 2012 the construction output declined by 17.3%, year-on-year (y-o-y).
February 6, 2013
Alpine: Creditors Face Haircut
The financially stricken Austrian construction company wants its creditors to contribute to the restructuring.
February 2, 2013
Andritz Acquires Majority stake in Shanghai Shende Machinery
Austrian technology Group Andritz has acquired an 80% stake in Shanghai Shende Machinery Co. Ltd., a renowned supplier of technologies and systems for feed and biomass pelleting.
January 28, 2013
Hungary: Production of Main crops Decreases Sharply in 2012
In 2012, 25% less cereals were produced on a 2% larger area than in the previous year.
January 21, 2013
Deripaska Increases Stake in Strabag
The Russian industrialist Oleg Deripaska buys 0.6% of Strabag shares. In total, he holds a stake of 18.2%.
January 18, 2013
Construction Output: Sharp Decrease in Slovenia and Slovakia
In the Euro area, the production in construction was down by 0.4%.
January 17, 2013
Hungary: Construction Output Decreases
In November 2012, construction output was down by 11.7% on the high base a year ago.
January 17, 2013
SBO: Higher Earnings Ahead
The Austrian oilfield equipment producer Schoeller-Bleckmann (SBO) will present its results for 2012 next Thursday.
January 15, 2013
STRABAG Postpones Investments in Offshore Wind
Investments of several hundred million euros shelved. Strabag refers to the “uncertain legal situation in German offshore wind sector”.
January 15, 2013
Slovak Industrial Production Grows
Industrial production index (IPI) increased by 5,2 % in November 2012, compared with November 2011.
January 12, 2013
Slovakia: Construction Production Decreases Sharply
In November 2012, construction output decreased, year-on-year, by 13,4 % to EUR 479 million. After seasonal adjustment, it was lower by 0,4 % compared with October 2012.
January 11, 2013
Czech Construction Output on the Fall
In November 2012 the construction output fell by 2.7%, year-on-year (y-o-y), in real terms.
January 7, 2013
CESEE: Construction Industry Shrinks Further
The European research institute Euroconstruct expects a negative development for the construction industry in the CESEE region.
January 5, 2013
Alpine: New Management Under Pressure
The Austrian construction company fights for survival. At the beginning of January, the management has to present a restructuring package.
December 29, 2012
Automotive Industry in CESEE Region Booms
According to an analysis issued by Austrian Erste Group, every fourth car produced in the EU in 2013 will be "Made in CEE".
December 28, 2012
Austrian Construction Industry Grows
Output of construction of buildings and civil engineering increased by 6.6% from January until September 2012. The order volume was up by 3.4%.
December 28, 2012
Alpine to Cut a Third of its Workforce
The Austrian financially stricken construction company has to implement radical restructuring measures.
December 21, 2012
Strabag SE Strengthens its Financial Position: € 400m Cash Credit Line
The publicly listed European construction company STRABAG SE has arranged a revolving syndicated cash credit line in the amount of € 400m with a consortium of banks.
December 21, 2012
Voestalpine Leaves Europe Step by Step
The Austrian steel company wants to reduce the dependence on Europe. Growth will take place elsewhere, CEO Wolfgang Eder says.
December 20, 2012
Decreasing Production Output in Slovenia and Slovakia
October 2012 compared with September 2012: Euro area production in construction down by 1.6%.
December 19, 2012
Siemens Austria: Dividends Reach € 750m
This year, the Austrian subsidiary of the German technology group recorded a moderate profit decrease.
December 18, 2012
Voestalpine: „Growing by 50% Until 2020“
The Austrian steel group presents its strategy for the next years. The importance of conventional steel and Europe will decrease.
December 18, 2012
Major Contract for Kapsch in UK
Kapsch CarrierCom today announced that it has been awarded the contract to maintain the entire GSM-R (Global System for Mobile Communications – Railway) network on behalf of British railway infrastructure operator Network Rail.
December 18, 2012
Voestalpine: Major Investments in U.S.
The Austrian steel company wants to build a steel plant for $ 1.0bn in the U.S.
December 17, 2012 · Updated: December 17, 2012; 14:53
Hungary: Construction Output Increased by 1.4%
In October 2012, construction increased by 1.4% in output year-on-year. Within this, the construction of buildings decreased by 0.3% and that of civil engineering works grew by 2.7%.
December 17, 2012
Strabag SE Appoints Christian Harder as CFO
Managing Director of STRABAG SE subsidiary BRVZ to join management board of STRABAG SE effective 1 January 2013. Appointment of Thomas Birtel as Deputy CEO.
December 17, 2012
Wienerberger: Major Contract in Northern Africa
Wienerberger´s subsidiary Pipelife wins major contract for water pipeline.
December 14, 2012
Wienerberger reduces Managing Board from Three to Two Members
Johann Windisch to leave the Managing Board and take over responsibility for the Bricks & Tiles Division in Europe. Contracts of Heimo Scheuch and Willy Van Riet extended for five years.
December 13, 2012
Slovakia: Industrial Sector Grows
Today, the Slovak Statistical Office published data on turnover in selected sectors of economy in October 2012. In most industries, turnover is increasing.
December 11, 2012
Wienerberger Ends External Rating by S&P
Rating relationship with Moody’s (Ba2, stable outlook) remains unchanged, the Austrian brick producer says.
December 10, 2012
Slovak Industrial Production Grows Significantly
Industrial production index (IPI) increased by 8,1 % in October 2012, compared with October 2011. The development was affected by a rise in manufacturing by 8,7 %.
December 10, 2012
Slovak Construction Shows Strong Growth
In October, construction output decreased, year-on-year, by 11 % to EUR 484 million. After seasonal adjustment, it increased by 1 % compared with September 2012.
December 10, 2012
Czech Construction Output Decreases
In October 2012 the construction output decreased by 4.3%, year-on-year (y-o-y), in real terms. Even a higher number of working days has not stopped the decline in construction output.
December 10, 2012
Czech Industry: More Working days, More Production
In October 2012, industrial production increased at constant prices by 4.1%, year-on-year; working days adjusted industrial production decreased by 3.3%.
December 10, 2012
Austrian Industrial Sector: Uncertainties Grow Massively
Due to the economic slowdown, the degree of predictability is declining. The industrial output tends to stagnate.
December 8, 2012
RBI Sells Stake in RHI
The Austrian Raiffeisen Bank International sells the 7.3% interest in the Austrian refractory company.
December 7, 2012
Voestalpine Acquires Canadian Sturdell Industries
The Vienna-listed voestalpine Group continues to further expand its market position in North America by undertaking an acquisition in its special steel segment.
December 7, 2012
Voestalpine Expects Stable Development
Regarding the next quarters, CEO Wolfgang Eder is slightly optimistic. Steel demand will remain stable, he says.
December 6, 2012
Lower Profits for Zumtobel
In the first six months of Zumtobel´s financial year, net income was down by 42.3%. Earnings decreased from € 43.6m to € 32.7m.
December 5, 2012
RHI: USA and India as Growth Markets
CEO Franz Struzl considers expanding into India, Russia and the U.S. Investments will reach about € 50m.
December 1, 2012
Serbia: Industrial Data on the Rise
In Serbia, the economic activity and foreign trade grows again, the Statistical Office says.
December 1, 2012
Austrian Industrial Sector Expands
Positive production trends in industry and construction in August 2012; turnover +3.9%. Output of construction of buildings and civil engineering increased by 6.3% from January until August 2012.
November 30, 2012
“Turnaround in sight for industrial activity”
The Bank Austria Purchasing Managers' Index climbs in November to best reading since June. Rising orders nudge production up slightly in Austrian industry for the first time since the summer
November 30, 2012
Hypo Group Sold AluFlexPack to MTC
After months of negotiations, the Austrian nationalized bank sold the Croatian aluminum company to the Switzerland-based Montana Tech Components.
November 30, 2012
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