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Vienna International Industrial Company News
Read the latest headlines about Austrian industries
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
Rosenbauer: Earnings Down, Revenues Up
In the first half of 2012, Rosenbauer Group recorded a 17% decrease in net income. Revenues soared by 14%. Order backlog grew by 60%.
August 24, 2012
SBO Exceeds Expectations
Schoeller-Bleckmann Oilfield Equipment AG: Half-year record sales and profit figures were up substantially. EBITDA increased by 37.9%.
August 23, 2012
Voestalpine Expands Into USA
In the next several years, the Austrian steel group will be investing more than € 100m in new plants in China, the USA, South Africa, Romania, and Germany
August 23, 2012
SBO: Analysts Demonstrate Optimistism
Tomorrow, the Austrian Schoeller Bleckmann Oilfield Group will present its results for the first half year of 2012. All relevant indicators are expected to improve substantially.
August 22, 2012
Vienna International Airport Announces Satisfying Results
Flughafen Wien AG: positive development of revenue and earnings in the first half of 2012. Forecast for expected net profit in 2012 raised to over € 60 million
August 22, 2012
Earnings and Net Income Down at Lenzing
Sales declined by 1.3%. The EBITDA margin fell from 23.0% to 18.2%. Lenzing´s net income decreased from € 145m to € 100m.
August 22, 2012
Wienerberger: Declining Earnings Cause Austerity Measures
Group revenues of the Austrian brick producer rose by 5% to € 1,036m (2011: € 986m ). Operating EBITDA declined by 16% to € 104m (2011: € 123m ).
August 21, 2012
Daimler Said to Double Production in Hungary
The Germany automobile producer may enlarge its production facilities in Hungary massively.
August 20, 2012
Lenzing: Profit Decrease Expected
Next Wednesday, Lenzing presents its half-year results. According to analysts, the Austrian fiber producer will report a 31% profit decrease.
August 20, 2012
Pankl Performs Outstandingly
In the first six months of 2012, revenues were up by 25%, EBIT grew by 45%. Pankl announces an “excellent development of the Austrian aerospace subsidiary”.
August 20, 2012
Austrian Technology at Green Expo 2012
From September 25, 2012 - September 27, 2012, Technology “made in Austria” will be presented at the "Green Expo 2012” in Mexico City.
August 20, 2012
Engineering Companies to Finland
Seven Austrian companies working in mechanical engineering are going to visit Tampere and Helsinki from September 19 to September 21 2012.
August 20, 2012
Wienerberger: High Losses Expected
In the first half year of 2011, the Austrian brick producer still recorded a net income of € 37.5m. On average, a loss of € 21.07m is expected.
August 17, 2012
Mayr-Melnhof Reports Worsened Results
The Austrian packaging company today announced its results for the first quarter. Sales were down slightly, the net profit declined by 20%.
August 16, 2012
Decreasing Profit at Mayr-Melnhof Expected
Next Thursday, the Austrian packaging company will present its results for the first half year of 2012. Revenues are anticipated to decrease.
August 14, 2012
Austrian companies profiting from the Olympics
The London Olympics were responsible for prestigious and lucrative orders running into double-digit millions in the run-up to the games.
August 14, 2012
Semperit: Profit Below Expectations
Increase in revenue to € 409.8m. EBIT of € 37.5m and net profit of € 23.9m generated in the first half of 2012, slightly below previous year´s level.
August 14, 2012
Red Bull: Difficulties in Italy
The Austrian energy drink producer faces examinations by the Italian Competition Authority.
August 13, 2012
Porr Achieves Order in Qatar
The Austrian construction company was awarded for a subway construction project in Doha.
August 13, 2012
Hypo Alpe Adria Divests TLM-TVP in Croatia
The nationalized Austrian bank successfully has sold the aluminum hot-rolling mill TLM-TVP d.o.o. in Croatia to the Vienna-based Euris.
August 13, 2012
SBO: Favorable Results Anticipated
The Austrian oilfield operator Schoeller Bleckmann is expected to continue its strong performance.
August 10, 2012
Mayr-Melnhof: Stable Results Ahead
Next Thursday, the Austrian packaging company will present its results for the first quarter of 2012. Mayr-Melnhofs EBIT margin is expected to increase.
August 10, 2012
BWT Remains on a Solid Growth Path
Today, the Austrian water technology company reports first half-year figures. Revenues were up by 3.4%.
August 10, 2012
2012 Export Winners Series: Andritz AG
Since 1994 the Austrian Federal Economic Chamber and the Austrian Federal Ministry of Economy, Family and Youth have been awarding "Export prizes" to Austrian companies for their exceptional success on international markets.
August 9, 2012
RHI Does Not Exclude Shutdowns
The Austrian manufacturer of refractory products faces capacity problems in the steel sector. Investments may be cut.
August 9, 2012
Borealis delivers solid profits in a difficult market environment
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.
August 9, 2012
Polytec: Drastic Decrease in Sales and Earnings
Today, the Austrian component supplier has published its results for the first six months of 2012. Due to the sale of the interior segment last year, EBIT and sales were down remarkably.
August 8, 2012
Lenzing to Expand Further
Lenzing´s CEO explains that the frame conditions for Lenzing are highly satisfying at the moment. However, 2012 will not be another record year.
August 7, 2012
Austrian Construction Industry Slackens
This year, unemployment in the Austrian construction industry is relatively high. The order situation is everything but favorable.
August 7, 2012
Siemens Austria: Major Contract in India
A consortium led by Siemens Austria was awarded with a contract worth € 290m by the Indian National Mineral Development Corporation Limited (NMDC).
August 7, 2012
MTC Invests € 25m in Romania
The Montana Tech Components AG industrial group will invest € 25m to expand the production facilities of their Romanian subsidiary, UACE (Universal Alloy Corporation Europe SRL).
August 7, 2012
Moderate Increase in Andritz Earnings
The Austrian technology Group ANDRITZ showed satisfactory business development in the second quarter of 2012. Sales rose by 15.1%, EBITA wa up by 10.1%.
August 7, 2012
Sharp Profit Decrease at voestalpine
At € 3.051bn in the first quarter of 2012/13, revenue remains constant in a year-to-year comparison. EBITDA declines by 19% from € 463m to € 375m. Net profit down by 30.9%.
August 7, 2012
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