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Vienna International Industrial Company News
Read the latest headlines about Austrian industries
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
Alpine Lands Another Railway Project in Romania
Alpine, the Austrian construction company, landed another major contract for a railroad project in Romania. The project volume is € 218m.
May 25, 2012
Wienerberger Closes Takeover of Pipelife
For a purchase price of € 162m, Wienerberger will increase revenues by approx. € 800m and EBITDA by approx. € 70m per year.
May 25, 2012
Zumtobel Won Multi-million Contract in Vienna
The Zumtobel brand has succeeded in winning another multi-million contract in the Austrian capital.
May 24, 2012
Austrian Paper Industry Sees Lack in Skilled Workers
Last year, the domestic paper industry recovered. The new challenge would be to attract sufficient skilled workers.
May 23, 2012
Wienerberger Secures Liquidity Reserves up to 2016
New credit line provides € 250m for general corporate financing up to May 2016 .
May 23, 2012
Record Results at SBO
Austrian Schoeller-Bleckmann Oilfield Equipment achieves an all-time high in sales and profit figures in the first quarter of 2012.
May 23, 2012
Austrian Enterprises Participate in Reconstruction in Libya
AWO Austria initiated a market sounding journey to Tripoli. “Enterprises must be at the face before the rush begins.”
May 22, 2012
Rising Revenues at Novomatic
The Austrian vending machine producer recorded a 17.2% in revenues. The gambling segment was Novomatic´s growth driver.
May 22, 2012
Declining Sales and Earnings at Linz Textil
Linz Textil announced its first quarter results. The outlook is rather negative.
May 22, 2012
Profit Collapse at Frauenthal
Revenues came at € 135.4m, which is 2% less than in the first quarter of 2011. EBIT halved to € 1.8m.
May 21, 2012
Keba Improves Results
The Austrian producer of electronic goods recorded a substantial rise in revenues. Earnings could be enhanced too.
May 19, 2012
AMAG: Dividend of € 1.50 per Share Resolved
The Austrian aluminum producer enhances its dividend payout significantly. A bonus of € 0.75 was granted. The pay-out ratio reaches 60%.
May 19, 2012
Declining Sales at Ottakringer
The Austrian beer and mineral water producer faces a shrinking market in the first quarter of 2012. Sales fell by 8.9%.
May 16, 2012
Red Bull Still Waits for China
The Austrian energy drink producer aims to enter the Chinese market but still waits for the approval by Chinese authorities.
May 16, 2012
Lower Profits at Rosenbauer
The Austrian manufacturer of fire brigade equipment announced its1st quarter results. Revenues were up by 8% at € 115.6m (Q1/2011: € 107.3m). EBIT still down year-on-year, at € 3.7m (Q1/2011: € 6.9m).
May 16, 2012
Mayr-Melnhof Posts Profit Decrease
Sales were held up on previous year’s level. The operating profit was below last year’s value due to a sharp increase in input prices. Net income fell by 20%.
May 15, 2012
Decent Growth at Semperit
The Austrian manufacturer of synthetic products could record a rise in revenues by 4.2%. EBIT was down by 8.3%, net profit declined by 3.3%.
May 15, 2012
RHI: Profit Soared by 75%
The Austrian manufacturer of refractory products records a moderate increase in revenues. Earnings and profits were up remarkably. RHI predicts to achieve stable results in the second quarter.
May 15, 2012
Record Results at Agrana
The Austrian sugar and starch company could raise revenues and earnings significantly. The dividend increases to € 3.60 per share. A moderate increase in revenue is expected.
May 15, 2012
Voestalpine: Lower Net Income Expected
As the steel price is expected to rise, voestalpine´s steel division has favorable prospects. The profit level of 2010/11 will not be reached.
May 14, 2012
Austrian Demand for New Buildings Declines
Due to the weaker economic growth and the austerity policies, demand for new buildings is decreasing.
May 12, 2012
Schlumberger Wants to Raise Exports
The Austrian producer of sparkling wine wants to reach an export quota of 50%.
May 12, 2012
Manner: Decent Growth Rates
The Vienna-listed food producer recorded a rise in revenues of 3.7% in the first three months of 2012.
May 12, 2012
Major Orders for Sandvik Austria
The Austrian subsidiary of the Swedish plant construction group achieved two major orders in Brazil and Laos.
May 11, 2012
ATB Records Mixed Results
In spite of stagnating revenues the Austrian subsidiary of Wolong Group recorded an increase of 50% in operating results. Net income was down, though.
May 11, 2012
Decreasing Production at Magna Austria
The Canadian automotive component supplier records rising revenues and profits. The Austrian subsidiary registers a cut of 10% in production.
May 11, 2012
Austrian Chemical Industry Grows
In 2011, the domestic chemical industry registered a 10.5% growth in revenues. Exports were up by 8.5%.
May 11, 2012
Voestalpine Establishes Group for Centralized Purchase of Natural Gas
The voestalpine Group has established Austria’s first industrial gas balance group for the centralized purchasing of natural gas.
May 11, 2012
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