Sponsored Content
Vienna International Industrial Company News
Read the latest headlines about Austrian industries
RHI: 2012 Will be Successful
The Austrian refractory company will record a substantial increase in revenues and earnings, CEO Struzl says. However, results of the fourth quarter are expected to slacken.
November 30, 2012
Strabag: Losses Ahead
Next Friday, the Austrian construction group presents its results for the first nine months of 2012.
November 28, 2012
Porr: Renaissance Group to Enlarge its Interest
The Turkish Renaissance Group owns a 10% interest in Porr and wants to reach a blocking minority at the Austrian construction company.
November 23, 2012
Porr: Shareholder Structure to Change
The Austrian construction company plans to increase its free float. CEO Karl-Heinz Strauss has made his compulsory offer.
November 22, 2012
AMAG: Management Board Reappointed
The Supervisory Board of AMAG Austria Metall AG announces the reappointment of the Management Board members.
November 22, 2012
Hungarian Construction Industry Performs Well
In September 2012, construction increased by 6.8% in output year-on-year. The construction of buildings rose by 4.2% and that of civil engineering works grew by 9.4%.
November 20, 2012
Steel Industry: „Up to 100,000 Jobs Endangered“
Wolfgang Eder, CEO of the Austrian steel company voestalpine, warns of the persistently high oversupply in the European steel industry.
November 17, 2012
Borealis: Profits and Sales Increase Remarkably
The Austrian chemical group Borealis recorded a net profit of € 129m in the third quarter of 2012, an increase of € 22m compared to the third quarter of 2011
November 16, 2012
Voestalpine: Expansion into U.S.
The special steel division Böhler Uddeholm of the Austrian steel producer voestalpine opens a new site in Illinois.
November 15, 2012
Declining Profit at Mayr-Melnhof
Sales remained almost stable, net income was down by 20%. Regarding the near future, the company is cautious.
November 15, 2012
Wienerberger: Earnings Up, Profits Down
Today, the Austrian brick group has published the results for the first nine months of 2012. Group revenues were up by 18%. Net profit declined by 26%.
November 13, 2012
Lenzing: Earnings Expected to Decrease
The Austrian fiber producer will present its results for the third quarter on Thursday. Operating results are expected to fall by 31%.
November 12, 2012
Borealis to Acquire Dutch DEXPlastomers
The Austrian chemical group expands into the Netherlands.
November 12, 2012
Alpine: Funding is Secured
The financially stricken construction company has reached an agreement with its creditors.
November 10, 2012
Palfinger Records Stable Earnings
Consolidated net result for the first three quarters of 2012 rose to € 688.2m. Revenues in non-European areas increased by 43 per cent.
November 9, 2012
RHI Opens Largest Raw Material Fusion Plant
Largest on-shore investment in Norway. Independence from Asian imports strengthened.
November 9, 2012
Strabag: Major Order in Chile
Strabag awarded large-scale contract for Alto Maipo Hydropower Plant in Chile. Contract value of USD 490m. Design and construction time of four and a half years.
November 9, 2012
Voestalpine: Savings Higher than Planned
The Austrian steel group could reduce its costs more effectively than initially planned. From 2010 to 2013, total savings reach € 650m.
November 7, 2012
A-Tec: Quota Reaches 39%
The insolvent A-Tec Group pays out the insolvency quota next week.
November 7, 2012
Czech Construction Industry Affected by Recession
In September 2012 the construction output decreased by 10.6%, year-on-year (y-o-y), in real terms.
November 6, 2012
AMAG: Sales Up, Earnings Down
Sales up slightly to € 635m from same nine-month-period of prior year. EBITDA for the AMAG Group at€ 109.9m in the first three quarters of 2012 (comparable period of 2011: € 124.6m).
November 6, 2012
Andritz Group With Solid Business Development
The Austrian technology Group Andritz showed solid business development during the third quarter of 2012 and the first three quarters of 2012. Net income was up by 11.1%.
November 6, 2012
Lenzing Group Expands in Indonesia
Successful start of the fifth line at Indonesian subsidiary SPV. PT. South Pacific Viscose (SPV) is now the world’s largest viscose fiber plant.
November 6, 2012
RHI Increases Earnings Again
Revenues of the Austrian RHI Group increased by 7.0% in the third quarter of 2012 in comparison to the same quarter of 2011 and amounted to € 459.9 million.
November 6, 2012
Magna May Withdraw from Austria
The automotive group threatens to leave Austria. The wages would be too high, Magna Europe´s CEO Günther Apfalter says in an interview with “Kurier”.
November 5, 2012
Hungary: Decrease in Home Construction
In the first nine months of 2012, 6509 new dwellings were built, 20 percent fewer than a year ago.
November 5, 2012
RHI: Satisfying Results Ahead
The Austrian refractory company faces high expectations. The results of the third quarter will be published next Tuesday.
November 3, 2012
Positive Signs in Construction Industry
Output of construction of buildings and civil engineering increased by 6.6% from January until July 2012. Turnover was up by 7.0%.
October 30, 2012
Donau Chemie Starts Expansion in Hungary
The Austrian chemical group invests € 6.5m in a new factory in Eastern Hungary.
October 29, 2012
RHI Aims to Take Over Orient Refractories
The Austrian producer of refractories plans to expand in India. The investment may have a size of € 80m.
October 29, 2012
Major Order for Andritz in Laos
The Austrian technology group has received an order from CH. Karnchang (Lao) Company Ltd. to supply the electromechanical equipment for the Xayaburi run-of-river hydropower station.
October 25, 2012
FCC Considers Downsizing Alpine
The financially stricken Austrian construction company may sell several business units. A sale of Alpine seems unlikely.
October 20, 2012
Amag´s Management Shows Optimism
Gerhard Falch, CEO of the Austrian aluminum producer Amag expects satisfying results in the third quarter.
October 19, 2012
Porr´s Construction Output Shrinks
The third-largest Austrian construction group records an increase in orders. Porr´s CEO Karl-Heinz Strauss is satisfied.
October 18, 2012
Voestalpine Confirms Guidance
The Austrian steel company expects stable operating profits. Demand is declining substantially, CEO Eder comments.
October 18, 2012
Alpine: CEO Dotter Resigns
The management of the financially stricken Austrian construction group reshuffles. The holding company FCC decided to change the management.
October 17, 2012 · Updated: October 17, 2012; 19:15
Voestalpine: Eder Does Not Exclude to Leave Austria
Wolfgang Eder, CEO of the Austrian steel company voestalpine, underlines to stay in Austria “as long as possible”.
October 15, 2012
Alpine Confirms „Substantial Losses“
The Austrian construction company is in severe difficulties. The management demonstrates optimism.
October 15, 2012
Hungarian Construction Industry Shrinks
In August 2012, construction decreased by 5.3% in output year-on-year. The construction of buildings decreased by one tenth, while that of civil engineering works grew slightly.
October 15, 2012
Voestalpine: No Investments in Europe
Wolfgang Eder, CEO of the Austrian steel company expects that Europe faces a longer phase of stagnation. The steel industry will not recover before mid-2013.
October 12, 2012
Slovakia: Employment and Nominal Wages Growing
The highest wage increase was observed in the manufacturing and automotive industries. Employment was down in the construction sector and grew in the service sector.
October 12, 2012
Hungary: Industrial Production Declines Slightly
In August 2012, industrial gross output declined by 0.8% compared to the same month of 2011.
October 12, 2012
Alpine Needs Help from Banks
The Austrian construction company faces liquidity constraints. Talks with banks were started already.
October 11, 2012
Agrana: Substantial Increase in Net Profits
In the first half of 2012|13, AGRANA significantly grew both revenue (by 24.8% to € 1,603.1 million) and pre-exceptionals operating profit (by 20.6% to € 142.5 million).
October 11, 2012
Andritz is Concerned About China
The CEO of Andritz Wolfgang Leitner thinks that there are substantial risks for the Chinese and European economy.
October 10, 2012
Rudolf Kemler New Supervisory Board President of OMV
Result of OMV‘s Extraordinary General Meeting 2012: The chairman of ÖIAG (Austrian Industrial Holding) was elected as a member of the Supervisory Board.
October 9, 2012
Andritz Acquires Allied Environmental Solutions, USA
The Austrian technology Group Andritz has acquired Allied Environmental Solutions, Inc. (AES), with headquarters in Columbia, Maryland, USA.
October 8, 2012
Semperit Takes Over Malaysian Latexx Partners
The takeover leads to the next phase of global growth, the Austrian company says. Semperit has secured a 47.3% stake in Latexx Partners from its core shareholders.
October 8, 2012
Voestalpine to Launch New Image and Brand Campaign
“We’re taking the future into our own hands” is the philosophy embodied by the corporation.
October 5, 2012
Lenzing Expands into Czech Republic
The Austrian fiber producer Now Owns 100% Stake in Pulp Producer Biocel Paskov.
October 3, 2012
Fast News Search
This category only
