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


London Cable Car Put Into Action

This week, the official opening of the 'Emirates Air-Line' (London Cable Car) took place. The cable car was produced by the Austrian manufacturer Doppelmayr and the Swiss partner Garaventa.
June 29, 2012


Zumtobel Records Drastic Profit Cut

The Austrian lighting company announced ist fourth quarters results today. Consolidated revenues were up by 4.2% at € 1,280.3m (2010/11: € 1.228.2m). Zumtobel´s Profit for the year was 68.9% below previous year at € 16.0m.
June 27, 2012


Zumtobel: Weaker Results Ahead

The Austrian lighting company will present ist fourth quarter results of 2011/12 tomorrow. Zumtobel´s net income is anticipated to decrease substantially.
June 26, 2012


“Market Place Austria 2012” on 3rd October in Vienna

"Marketplace Austria" gives buyers from all over the world unique opportunity to meet Austrian suppliers and producers from the food and drinks sector and to find new business partners.
June 25, 2012


U.S. Hedge Funds Hinders Andritz

The Austrian technology group Andritz plans a complete takeover of the German Schuler Group. The U.S. hedge funds Elliott Capital recently acquired a stake in Schuler.
June 25, 2012


Voestalpine to Issue Corporate Bonds of € 1.0bn

The Austrian steel company voestalpine is said to plan a bond program of € 1.0bn.
June 25, 2012


Agrana Opens 2012|13 With Strong First Quarter

The Austrian sugar and starch producer could increase sales by 26.4%. Operating profits rose by 15%.
June 25, 2012


Alpine Establishes Joint Venture with German RGM

Alpine establishes the AFM - Austrian Facility Management joint venture with Germany's RGM.
June 23, 2012


Strabag SE Announces Changes to the Management Board

Fritz Oberlerchner to resign from the management board effective 30 June 2012 and to be appointed director of Strabag 2013ff task force. Thomas Birtel designated as CEO as of June 2014.
June 22, 2012


Leipnik-Lundenburger May Go Public

The new CEO of Raiffeisen Holding Erwin Hameseder considers privatizing the food company. There would be other privatization candidates in the renewable energy sector.
June 22, 2012


Pankl: Major Contract of U.S. Subsidiary

Pankl Racing Systems AG - Sikorsky and Pankl Aerospace Systems enter into new long term supply agreement (Multi-Year VIII Contract).
June 22, 2012


Chemical Industry Warns of Investment Stop

Peter Untersperger, CEO of the fiber manufacturer Lenzing and chairman of the Austrian chemcial industry is very critical of the energy efficiency act.
June 22, 2012


Third Major Contract in Romania for Alpine

The Romanian railway line between Vintu des Jos and Simeria to be rehabilitated for € 295m by the Austrian construction company.
June 21, 2012


Frauenthal to Expand Further

The Austrian automotive component supplier wants to raise revenues by € 200m through acquisitions.
June 20, 2012


Borealis Plans to Issue a Corporate Bond

The subsidiary of Austrian OMV and the Abu Dhabi investment fund IPIC may issue a corporate bond of up to € 200m.
June 20, 2012


Last Financial Statement at A-Tec

The Austrian insolvent A-Tec Industries AG published its last financial statement. In 2011, A-Tec´s net income reached minus € 344m.
June 18, 2012


Euris Interested in Croatian TLM-TVP

The Austrian aluminum trader Euris shows interest in the Croatian aluminum rolling mill. Austrian Hypo Group is the seller, the Swiss Montana Tech Components is still a potential buyer.
June 18, 2012


Montana Tech Components Achieves Record Results

The Swiss-based MTC Group could reach a new record in revenues and earnings.
June 16, 2012


Borealis: Intended New Bond Issue

The Austrian chemcial company intends to issue corporate bonds of up to € 200m.
June 14, 2012


Alpine: „Not Affected by Spanish Crisis“

The Austrian construction company, which is wholly-owned by Spanish FCC, does not worry about the tensioned situation in Spain.
June 13, 2012


Strabag: New Contract in Moldova

€ 35m contract for the rehabilitation of 48 km between Ghindesti and Drochia. Strabag is operating in Moldova since the beginning of 2012.
June 11, 2012


Voestalpine Shuts Down Steelworks in Duisburg

The Austrian steel producer plans to close the mill in 2013. At the moment, voestalpine has talks with trade unions and the workforce.
June 9, 2012


Schmidt Retires as CEO of ATB

ATB Austria Antriebstechnik AG Christian Schmidt retires as CEO of the ATB Austria Antriebstechnik and joins the Supervisory Board of the Company Vienna, June 8, 2012.
June 8, 2012


Good Start for Miba

The Austrian automotive component supplier achieved a substantial rise in revenues and profits in the first quarter of 2012/13.
June 8, 2012


Andritz Biomass Plant Opened in Sweden

The operation of Andritz' third biomass power plant in Sweden has been successfully transferred to its owner, Bollnäs Energi, during a celebration on 25 May 2012.
June 6, 2012


Andritz: Remarkable Order Intake in India

The Indian subsidiary of Austrian Andritz Hydro started 2012 on a promising note by getting a number of new contracts in India and abroad.
June 6, 2012


Austrian Furniture Industry Increases its Exports

In 2011, the total production of the Austrian furniture industry decreased by 3.3 percent to close to € 2.3bn according to the latest figures.
June 6, 2012


„India and China are not the Problems“

Voestalpine´s CEO Wolfgang Eder thinks that competitors from Turkey, Russia and Ukraine may become problematic for the European steel industry.
June 5, 2012


B&C Industrieholding to Sell Major Stake in Porr

The Bank Austria-owned B&C Industrieholding is said to sell ist 37% stake in the Austrian construction group. CEO Karl-Heinz Strauss may be a potential buyer.
June 5, 2012
Employment Benefits from High Growth Dynamics

The encouraging growth trends provided a very welcome boost to employment in the Austrian federal provinces. The construction industry stabilises.
June 5, 2012


Erne Fittings First Austrian 100% Ownership in Saudi-Arabia

Erne buys a 50% share from the former joint venture company Mada in Jubail, Saudi Arabia.
June 4, 2012


Zumtobel Expands LED Production

Tridonic, the Zumtobel Group’s lighting components brand, is expanding its production capacity for LED modules.
June 4, 2012


Mixed Results in Austrian Paper Industry

Production decreased slightly, costs could be compensated. Revenues were up by 6.1%.
June 1, 2012


Andritz Now Holds 53.5% in Schuler

The Austrian technology group acquires just over another 5% of Schuler AG shares.
June 1, 2012


Zumtobel Expects Difficult Financial Year

Harald Sommerer, CEO oft he Austrian lighting company Zumtobel awaits a difficult financial year 2012/13.
June 1, 2012


Refunding at Pankl

The Austrian automotive company Pankl takes a € 20m loan in order to redeem a ULSG credit early.
June 1, 2012


Management of New Joint Venture Ybbstaler Agrana Juice Appointed

Following the closing of the joint venture deal between Agrana Juice Holding GmbH and Ybbstaler Fruit Austria GmbH, the management team of the new company has now been appointed.
June 1, 2012


Alpine: Major Contract in Norway

The Austrian construction company gained another contract in Norway. The contract value amounts to € 170m.
May 31, 2012


Andritz Acquires Further 10% of Schuler AG Shares

The Austrian technology group now has access to 48.5% of the total shares.
May 31, 2012


Loss Increase at Hirsch Servo

The Austrian packaging company announced its results for the first three quarters of 2011/12. Revenues and earnings were down substantially. Hirsch Servo aims to cut costs further.
May 31, 2012


Mixed Results in Austrian Transport Industry

The transport volume in road freight transport increased in 2011 by almost 4.1%. In the rail sector, the transport volume declined slightly.
May 31, 2012


New Major Order at Andritz

The Austrian technology group was awarded to supply a paper machine to Zellstoff Pöls, Austria.
May 31, 2012


Strabag´s Loss Widened in First Quarter

The Austrian construction company announces a new record high for order backlog of € 15.7bn. The outlook for 2012 was confirmed.
May 31, 2012


Losses at High Tech Industries

After slower first quarter 2012 a balanced result for the whole year 2012 is expected at the Austrian component supplier. Revenues declined, losses totaled € 4.3m.
May 30, 2012


Positive Trend in Austrian Industrial and Construction Sector

In February 2012; turnover in the industrial and construction sector was up by 11.8%. Construction output grew by 10.4%.
May 30, 2012


Profit Decrease at voestalpine

The Austrian steel producer registered an increase in revenue to € 12.06bn (plus 10.1% over BY 2010/11). EBITDA was down by 18.9%.
May 30, 2012


Vienna hosts the 19th World Congress on Intelligent Transport Systems

The 19th ITS World Congress will be held from 22 to 26 October 2012 in Vienna, under the header ITS Vienna 2012 – Smarter on the way.
May 29, 2012


Andritz Expands in Germany

Andritz acquires 38.5% stake in Schuler AG, Germany, and announces takeover offer to purchase the remaining shares.
May 29, 2012


U.K.: Mayr-Melnhof and Trade Union Settle Dispute

The Austrian manufacturer of packaging products grants a better social package to the former employees of the Liverpool-based factory.
May 29, 2012


KTM: Rising Sales, Stagnating Profit

The Austrian producer of motorcycles recorded sales of 19,408 vehicles (+29.9%). Turnover was up by 13.5% to € 135.7m.
May 25, 2012