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Vienna International Industrial Company News
Read the latest headlines about Austrian industries
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
Palfinger´s Joint Venture in China Starts Operations
The Austrian crane manufacturer is about to intensify its China activities. After only six months, the competent authorities have given their approval to the Group’s joint venture with the Chinese Sany Group.
September 3, 2012
Porr Reduces Losses
Revenues fell by 7.4%, the EBT figure is still negative. The Austrian construction group sees a clear commitment to its home markets.
September 1, 2012
Wienerberger´s Pipelife Lands Contract Worth € 20m
Pipelife has been awarded a major order in Ghana: 8.8 km of 2.5 m diameter HDPE pipes for a power plant project.
August 31, 2012
Remarkable Loss at Strabag
In the first six months of 2012, Strabag´s output volume slightly (-2 %) lower than in the six-month comparison period. Non-operating effects push six-month EBITDA down from € 197.18m to € 16.14m. Net income reached € -157m.
August 31, 2012
Austrian Construction Industry: Growing Output, Shrinking Order Volume
Increase in volume of orders by 22.5% in civil engineering and construction of buildings at the end of May 2012.
August 30, 2012
Eder: „We are Cautious“
Wolfgang Eder, CEO of the Austrian steel company voestalpine, thinks that the market conditions will remain difficult.
August 27, 2012
Strabag: CEO Haselsteiner Is Said to Consider Delisting
The Austrian construction group Strabag may withdraw from Vienna Stock Exchange. “We do not need the stock exchange now.” He says in an interview with “Wirtschaftsblatt”.
August 27, 2012
Record Results for MTC
Montana Tech Components could enhance revenues, earnings and profits in the first half of 2012. Revenues were up by 6%.
August 27, 2012
Voestalpine Underlines Expansion Into Asia and America
For voestalpine´s CEO Wolfgang Eder, Europe is a stagnating market. By contrast, growth is expected to take place in the U.S.
August 25, 2012
ATB Enhances Profitability
In the first half year, the Austrian engineering company increased the net income and recorded stable revenues. However, the rising net result was due to the shutdown of a part of ATB´s business segments.
August 25, 2012
Lenzing Continues to Supply Fibers to US Army
Flame-resistant fibers from Austria of superior quality.
August 25, 2012
Borealis Posts Declining Net Income
Borealis recorded a net profit of € 112m in the second quarter of 2012 compared to € 168m during the same period in the record year 2011. Sales were down slightly.
August 24, 2012
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