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


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


Magna is Said to Lose Manufacturing of Mini

BMW considers shifting its production from Austria to the Netherlands or the U.K.
October 2, 2012


Lenzing: Mandate of CEO Untersperger Confirmed

The Austrian fiber producer extends the management board mandate of Peter Untersperger until 2016.
October 1, 2012
Good Outlook for Austrian Construction Industry

Positive production trends in industry and construction in June 2012; turnover +7.9%. Output was up by 4.8% in the first six months of 2012. Orders grew substantially.
September 28, 2012


Strabag: Major Order in Slovenia

The Austrian construction company will build Europe’s most modern waste treatment plant in Ljubljana. The contract value amounts to € 112m.
September 27, 2012


Voestalpine Places a Bond Issue of € 500m

The proceeds are intended for general financing purposes. The bond is predominantly subscribed by international investors
September 26, 2012


RHI Demonstrates Optimism

The Austrian manufacturer of refractory products expects increasing revenues and a growing EBIT margin.
September 24, 2012


Slight Decrease in Industrial Production in Hungary

In July, the industrial production was down by 0.3% compared to July 2011. In Austria, industrial production was up by 2.0%.
September 24, 2012


Palfinger Strengthens its Market Presence in South America

Through the acquisition of Tercek, the Austrian crane manufacturer expandts into Brazil. Regional presence and market growth offer opportunities of strategic interest, Palfinger notes.
September 20, 2012


Semperit Announces Changes of Management Board

Richard Stralz to leave the Management Board effective November 30, 2012.
September 17, 2012


Eder Calls for Cut in Steel Production

The CEO of the Austrian steel producer voestalpine asks the European Union to introduce a controlled reduction of the steel production. The overcapacities would cause lower prices, Eder argues.
September 17, 2012


Mayr-Melnhof to Become Market Leader in Colombia

The Austrian carton producer Mayr-Melnhof Packaging acquires Colombian Plegacol and creates a new Colombian market leader in folding cartons.
September 17, 2012


RHI Adapts Brazil Project

The Austrian producer of refractories refers to increase in import duties and anti-dumping duties in Brazil.
September 17, 2012


Slovenian Construction Industry Reaches New Low

Since 2008, Slovenia´s construction output decreased by 66%. This year, the construction industry will shrink again.
September 13, 2012


Spar Records Losses in Hungary

The Austrian retail chain operates 400 branches in Hungary. The economic crisis caused substantial losses.
September 13, 2012


Capital Increase at voestalpine

The Austrian steel company resolves to increase registered capital by 2% in order to further expand employee shareholding scheme.
September 12, 2012


Slovakia: Declining Construction Production in July 2012

In July, the Slovakian construction output decreased, year-on-year, by 11,2 % to € 459,9m.
September 11, 2012


Alpine Completes First Singapore Subway Tunnel

The Austrian construction company is building six subway tunnels and three subway stations for the Singapore Downtown Line.
September 10, 2012


Sales Increase for Miba

The Austrian automotive component supplier recorded an increase in sales and earnings in the first half year of 2012.
September 7, 2012


Agrana Launches 2012 Fall Campaigns

This year, the Austrian sugar and starch company expects lower yields.
September 6, 2012


Profit Decrease at Zumtobel

In the first six months of 2012, revenues of the Austrian lighting company were down by 0.9%. Net income fell from € 13.7m to € 9m, earnings decreased by 30%.
September 5, 2012


Magna Denies Reports on Expansion in Poland

According to Polish media reports, Magna was said to invest € 238m in Poland. The Canadian automotive group denies expanding in Poland.
September 4, 2012


Strabag´s Free Float at 14%

Due to share-buy backs, the free float of the Austrian construction company went down to 14%.
September 4, 2012


Strabag: Major Contract in Hamburg, Germany

STRABAG Real Estate and Otto Wulff awarded contract for Hamburg’s € 700m college project.
September 4, 2012


Magna to Invest € 238m in Poland

The Canadian automotive group plans to produce cars for “Mini” and “Infinity”.
September 3, 2012


Downward Trend in Austrian Industrial Sector Accelerates

Due to the crisis in the Eurozone, the downward trend in Austria accelerates.
September 3, 2012