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