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Vienna International Industrial Company News
Read the latest headlines about Austrian industries
Borealis: Slowdown in Net Profits
The Austrian chemical company Borealis recorded a net profit of € 140m in Q1 2012, compared to € 174m in Q1 2011. Net sales were up from € 1.86bn to € 1.88bn.
May 11, 2012
BWT Reports Higher Revenues and Earnings
Revenues of the Austrian water technology company reached € 119.1m (+3.0%). EBIT accounted for € 6.7m (+7.6%). BWT´s net result totaled € 4.3m (+19.6%).
May 11, 2012
Stagnating Revenues at Binder+Co
Sales revenues and EBIT at the processing, environmental and packaging technology company remained at the level of the preceding year. Order backlog rose by 24.1%.
May 10, 2012
Strong Growth at Palfinger
Revenue and EBIT increased by another 17 per cent. The Austrian crane manufacturer expects a moderate growth trend in 2012.
May 10, 2012
Declining Revenues and Net Income at Lenzing
The performance of the Austrian Lenzing Group in the first quarter of 2012 was in line with expectations. EBIT decreased to € 67.2m after € 90.7m in the first quarter of 2011.
May 10, 2012
Polytec: Sharp Cut in Earnings
Today, the Austrian automotive component supplier published its results for the first quarter 2012. Due to the sale of the interior business, sales and earnings were down considerably.
May 9, 2012
Wienerberger Records Higher Losses
Group revenues declined by 3% to € 382.4m (2011: € 395.1m). Operating EBITDA reached € 2.1m (2011: € 11.8m). Net losses reach € 50.1m.
May 9, 2012
Croatian Subsidiary of Alpine Said to be Insolvent
Osijek Koteks, the Croatian subsidiary of the Austrian construction group faces severe problems. According to rumors, Osijek Kotekts is illiquid.
May 8, 2012
Lenzing´s Earnings May Fall Considerably
Analysts of Erste Group and RCB (Raiffeisen Centrobank) expect the Austrian fiber producer to record a substantial cut in operating profits.
May 8, 2012
Palfinger: Strong Rise in Earnings Ahead
Analysts expect the Austrian crane manufacturer to achieve a 8.0% growth in revenues. EBIT is forecasted increase by 18.5%.
May 8, 2012
Again Losses at Wienerberger
Analysts of Erste Group, RCB (Raiffeisen Centrobank) and UBS expect the Austrian brick manufacturer to widen losses.
May 8, 2012
AMAG Issues € 70m Bonded Loan
One year after its IPO, the Austrian aluminum producer issues a bonded loan in order to enlarge the main factory.
May 7, 2012
Declining Results at Polytec Expected
Due to the sale of the interior business, he Austrian automotive supplier´s revenue is anticipated to decrease by 40.4%.
May 7, 2012
Alpine Launches New Corporate Strategy
The Austrian construction company underlines its commitment to the energy sector. Profitability should be enhanced, CEO Dotter emphasized.
May 7, 2012
Voestalpine Erects New Wire Production Facility
The Austrian steel producer enlarges its production capacities for ultra-high tensile fine wires.
May 7, 2012
RHI to Acquire Orient Refractories?
The Austrian refractory manufacturer is said to take over the Delhi bases Orient Refractories. The target company denies the rumor.
May 7, 2012
Haselsteiner to Leave Strabag Earlier
Hans-Peter Haselsteiner is mandated as CEO of Austria´s largest construction company until 2015. Nevertheless, he will leave the management board earlier.
May 4, 2012
Decreasing Profit at AMAG
The Austrian aluminum producer published its results of the first quarter of 2012. Sales were down by 3.0% to € 207.7m, EBIT fell by 9.0% to € 22.4m.
May 4, 2012
Andritz Continues Strong Performance
The Austrian technology Group ANDRITZ saw a favorable business development during the first quarter of 2012. Sales grew by 28.4%. Net income was up by 36.5%.
May 4, 2012
Agrana Starts € 65m Investment
The Austrian sugar and starch company is laying the foundation stone for a wheat starch plant in Lower Austria.
May 3, 2012
Miba Continues Strong Growth
The Austrian automotive component supplier records a significant rise in revenues. Extensive investments in USA and China are planned.
May 3, 2012
Strabag Issues € 100m Corporate Bond
Proceeds will be used for general business purposes and the further improvement of the financing structure of the Austrian construction company.
May 3, 2012
Bajaj Holds 47.2% in KTM
At the end of April, the Indian motor vehicle producer enlarged its stake in the Austrian company from 41% to 47.2%.
May 2, 2012
Major Order at TGW by U.S. Gap Inc.
The U.S. specialty apparel retailer Gap Inc selects the Austrian TGW Systems to manage their residual carton handling operation.
May 2, 2012
Austrian Industrial Sector Expands
Positive production trends in industry and construction in January 2012: turnover was up by 11.1%. Construction output grew by 17.9%.
May 2, 2012
Porr Urgently Needs New Capital
The Austrian construction company wants to strengthen its equity base, which shrank to 15%. In 2010, the quota stood at 22%.
May 1, 2012
Cross Industries Still in the Red
Due to interest expenses, the Austrian industrial holding company recorded losses of € 4.5m after € 4.8m in 2010.
April 30, 2012
Drastic Losses at Porr
The third-largest Austrian construction company had to write off projects in Hungary and Romania. Net losses totaled € 72m.
April 30, 2012
Lower Net Income at Alpine
The Austrian construction company achieved profits of € 10m last year after € 17m in 2010. Revenues went up moderately.
April 30, 2012
New Record In Airline Industry
The Austrian air passenger transport reached an all-time high in 2011.
April 30, 2012
HTI Records Mixed Results
The Austrian High Tech Industries AG could raise revenues by 7.2% to € 207m. Net results stood at € -2.2m.
April 30, 2012
Pankl Achieved Record Results
The Austrian automotive component supplier recorded excellent results: in the first quarter of 2012, revenues were up by 25% to € 36.5m. EPS rose by 34%.
April 30, 2012
Strabag: Haselsteiner Underlines Importance of Russia
In 2007, the Austrian construction company announced to establish its third core market in Russia. However, Strabag is still far from that.
April 28, 2012
Strabag Posts Strong Rise in Profits
The Vienna-listed construction company recorded a 12% increase in net income. The output volume rose by 12%. In 2012, an output volume of € 14.3bn is expected, EBIT guidance is very ambitious, Strabag says.
April 27, 2012
Frauenthal Sells Division to Japanese Ibiden
The Austrian Frauenthal Group reached an agreement with Japanese Ibiden Group on the sale of its Industrial Honeycombs division.
April 26, 2012
AMAG Starts Investment Program
The Austrian aluminum company invests € 220m in the enlargement of the main site in Ranshofen, Upper Austria. RLB Upper Austria now holds a 16.5% stake.
April 26, 2012
Rising Revenues at Linz Textil
Despite a major fire at Linz Textil´s site last year, the textile company could raise revenues by 9.2%. Profits decreased slightly.
April 26, 2012
Dividend Increase at SBO
Schoeller-Bleckmann Oilfield Equipment AG: Annual General Meeting adopts resolution to increase dividend to € 1.20 per share. A share buyback programme has been renewed.
April 26, 2012
AMAG Sale Completed
The last tranche in the Austrian aluminum producer AMAG was sold by CP Group/One Equity Partners to the Austrian B&C Industrieholding AG.
April 25, 2012
€ 110m Bond Issue at Agrana
The Austrian sugar and starch manufacturer places € 110m bonded loan with maturities of five, seven and ten years.
April 24, 2012
Mayr-Melnhof: Dispute in the UK Escalates
After the British site of the Austrian packaging company was shut down in February, the British trade union Unite attacks Mayr-Melnhof sharply.
April 23, 2012
Agrana Aims for Expansion into Balkan Region
The Austrian sugar and starch company Agrana is looking for acquisition targets in the Western Balkans.
April 23, 2012
AUA Threatened by Strikes
After Austrian Airlines´ supervisory board resolved the transfer of undertakings, the Lufthansa subsidiary may face strikes.
April 21, 2012
Strabag Builds Waste Incineration Plant in Slovenia
The Austrian construction group was awarded to build an incineration plant near Ljubljana. The order volume is about € 112m.
April 21, 2012
Gorenje Not to Move to Vienna
The Slovenian producer of household appliances was said to move to Vienna. CEO Franjo Bobinac declines the rumors.
April 20, 2012
RHI to Cut Costs
The Vienna-listed manufacturer of fire-proof products starts a cost-cutting program. CEO Struzl pushes for more efficiency.
April 20, 2012
Siemens Austria and Verbund to Establish Electric Mobility Provider
The technology and electricity company found a joint venture in order to serve and develop the Austrian electric mobility market.
April 20, 2012
Rosenbauer Reports Decline in Revenue and Profit
The Austrian producer of fire-fighting equipment announced its results for 2011. Revenues decreased by 9.0%, net profit fell by 20%. Orders went up substantially.
April 20, 2012
Lenzing Resolves to Increase Dividends Substantially
The Ordinary Shareholders´ Meeting of Lenzing AG resolved to distribute a dividend of € 2.50 per share for the 2011 fiscal year (compared to € 1.55 per share for the previous fiscal year).
April 19, 2012
Gorenje Considers Setting Up Headquarters in Vienna
The Slovenian producer of household appliances is said to move to Vienna. The company does not comment this information.
April 19, 2012
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