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Vienna International Industrial Company News
Read the latest headlines about Austrian industries
Schuler Recommends Accepting Takeover Bid by Andritz
The Board of Management and the Supervisory Board of the German engineering company recommend that shareholders accept the takeover bid issued by Andritz. A Bid price of € 20.00 per share is deemed to be fair.
July 12, 2012
Zumtobel Group Strengthens its Presence in China
The Austrian lighting company announces that the newly built factory was opened in Tianjin, China, for road and tunnel lighting. R&D activities in China will be expanded.
July 12, 2012
Poland: Alpine Excluded from Tendering Procedure
After a dispute with Polish authorities, the Austrian construction company Alpine has been excluded from the tendering procedure of the national highway S8.
July 10, 2012
Major Order for Strabag in Chile
The Austrian construction company was awarded for a tunnelling contract at world’s largest copper mine in Chile.
July 10, 2012
Alpine Strengthens Domestic Market Austria
The second-biggest Austrian construction group changes ist management for the biggest market. The new corporate strategy should be implemented now.
July 6, 2012
FACC Achieves Record Turnover
Operating result remains high despite massive increase in development activities. Positive outlook thanks to increasing demand for aircraft and constant development of market position.
July 6, 2012
Railway Cartel: € 8.5m Fine for voestalpine
The steel group participated in a railway cartel in Germany. The cartel proceedings are finished now.
July 5, 2012
Dividend at voestalpine Unchanged
CEO Wolfgang Eder: “voestalpine focuses on continuity even in terms of dividends”. Heinrich Schaller succeeds Ludwig Scharinger on the Supervisory Board.
July 5, 2012
Voestalpine to Put Effort into Growth
The Austrian steel producer intends to grow through acquisitions again in the medium term. Exports to Brazil and Asian countries should be promoted.
July 4, 2012
New CEO at ATB
Andreas Schindler is the new Chief Executive Officer of the Wolong-owned ATB Austria Antriebstechnik.
July 4, 2012
Austrian Companies Exhibiting at Farnborough Airshow
Farnborough International Airshow is the world's most iconic global aviation event and one of the most important exhibitions in the aerospace industry worldwide.
July 4, 2012
Austrian Delta Bloc UK Wins British Precast Innovation Award
Delta Bloc UK, have been awarded British Precast’s Innovation award for 2012 for their Precast Concrete Road Safety Barrier project on the M4 in South Wales.
July 4, 2012
Strong Demand for Andritz Corporate Bond
Due to strong demand, subscription period terminated today prematurely. The volume issued amounts to € 350m. Two thirds were subscribed by Austrian private investors
July 4, 2012
„Up to 70% of European Steel Capacities are Endangered“
Wolfgang Eder, CEO of Austrian voestalpine, thinks that the European steel industry faces fierce competition from the East.
July 3, 2012
Iveco Shuts Down Austrian Factory
Fiat´s Subsidiary Iveco plans to close five factories in Europe. In total, 1,075 workers will be laid off. In Austria, 110 workers are affected.
July 2, 2012
Alfred Stern Joins Borealis Executive Board
Borealis, an Austria provider of chemical and innovative plastics solutions, announces the appointment of Alfred Stern as Executive Vice President for Polyolefins, effective July 1, 2012.
July 2, 2012
Massive Austerity Cuts at Porr
The third-biggest Austrian construction company examines its cost structure. First effects should be visible still in 2012.
July 2, 2012
Substantial Increase in Dividends at Agrana
Agrana´s Annual Shareholders’ Meeting approves a dividend increase and appoints members to the Supervisory Board.
July 2, 2012
Austrian Automotive Industry in NAFTA Markets
Austrian companies from the automotive sector present themsevels in Detroit on October 25th.
July 2, 2012
Lenzing Invests € 130m in New Plant
The Austrian fiber company expands ist production facilities. 110 new jobs will be created. The completion is expected in 24 months.
July 2, 2012
Austria-Korea Automotive Technology Days
From 14. November 2012 to 16. November 2012, Austrian automotive suppliers present themselves in Seoul.
June 30, 2012
Austrian Show Case „Engineering“ in Denmark
From 5. September 2012 to 6. September 2012, the Austrian consulting and engineering sector presents its knowledge and skills in Copenhagen.
June 29, 2012
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
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