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Vienna International Industrial Company News
Read the latest headlines about Austrian industries
„Steel Industry Needs Market Adjustment“
Wolfgang Eder, CEO of the Austrian steel company voestalpine, sees massive overcapacities in the European steel Industry. Eder reaffirmed his warning to leave Austria.
April 4, 2012
Polytec Posts Significant Improvement of Earnings
Sales and Earnings performed as expected. Earnings per share reach € 1.54, a dividend per share of € 0.35 is proposed.
April 4, 2012
Polytec: Declining Revenues, but Rising Earnings Expected
Tomorrow, Wednesday, the Austrian automotive component supplier presents its results of 2011. Analysts anticipate a significant increase in earnings.
April 3, 2012
Frauenthal Expands into Slovakia
The Austrian conglomerate acquires a Slovak sanitary retailer. The automotive segment recovers, CEO Moser says.
April 2, 2012
British Mayr-Melnhof Factory Occupied
The Liverpool-based site of the Austrian packaging company Mayr-Melnhof will be closed. Workers occupy the factory in order to prevent the shutdown.
April 2, 2012
Bajaj Increases Stake in KTM
The Indian Investor Rajiv Bajaj now holds a 44.3% share in the Austrian motor-cycle manufacturer.
April 2, 2012
Construction Industry: Small Rise in Output, Good Prospects
The Austrian construction industry recorded an increase in volume of orders by 10.2% at the end of December 2011. Output of construction of buildings and civil engineering rose by 2.9% from January to December 2011.
March 30, 2012
Pröll Declines Konrad´s Succession
Josef Pröll, former Austrian Minister of Finance, excludes rumors about the succession of RZB´s chairman Christian Konrad.
March 30, 2012
Andritz Acquires U.S. Bricmont Inc.
The Austrian technology Group Andritz has acquired Bricmont Inc. from Inductotherm Group. Bricmont is headquartered in Pittsburgh, Pennsylvania, USA, and includes certain assets in China and India.
March 30, 2012
Mayr-Melnhof Closes Liverpool Plant
The Austrian packaging company today announced that it is to close its packaging plant in Liverpool.
March 29, 2012
Andritz Receives Order from ThyssenKrupp
The Austrian technology group is awarded to supply equipment for stainless steel production to ThyssenKrupp Nirosta, Germany.
March 29, 2012
Semperit Group Achieved Double-Digit Growth Rates
Revenue increased by 18.9% to € 820.0m. The Austrian producer of synthetic products recorded an increase in earnings after tax by 19.2% to € 54.1m.
March 29, 2012
FCC to Appoint Benita Ferrero-Waldner as Alpine´s Chairwoman
Austria´s former Minister of Foreign Affairs heads the supervisory board of Alpine. The appointment will take place at the next Supervisory Board meeting of Alpine, FCC's Central and Eastern European subsidiary.
March 29, 2012
Major Order at Strabag´s German Subsidiary
Ed. Züblin, a subsidiary of the Austrian construction group Strabag, was awarded to build new universites in Hamm and Lippstadt. The contraction volume amounts to € 100m.
March 29, 2012
Palfinger: High Expectations in China
The Austrian crane manufacturer is optimistic that China becomes the biggest market for the company.
March 28, 2012
Zumtobel Introduces Global Management for all Production Plants
As part of its growth strategy, the Zumtobel Group is placing all Zumtobel brand production plants under uniform global management.
March 28, 2012
Telekom Austria: Bond Issue Completed
The telecommunication company has successfully placed € 750m Eurobond with a coupon of 4.0% p.a. The order book´s volume surpassed the proceeds substantially.
March 27, 2012
Voestalpine Gets a New Group Structure
The Automotive Division and Profilform Division will be amalgamated to create the Metal Forming Division.
March 27, 2012
RHI Confirms Results 2011
The Austrian manufacturer of refractory products confirms its results published on March 6. RHI announces to have appointed a new CFO:
March 27, 2012
Voestalpine Forecasts Improved Business Conditions
Austrian steel group voestalpine expects results to improve from April 2012 as it benefits from price hikes and solid demand, Reuters reported.
March 27, 2012
Moderate Increase in Vienna-held Congresses
3,151 congresses were held in Vienna in 2011. This is an increase by 7.0%.
March 27, 2012
Alpine to Build Railroad Tunnel for Stuttgart 21
The Austrian construction company is involved in the German Railroad’s large-scale Stuttgart 21 project.
March 26, 2012
BWT Posts Decline in Profits
The Austrian water technology company recorded revenues of € 478.9m (+3.9%). Net profit was down from € 22.7m to € 13.6m.
March 26, 2012
Wolong Wants ATB to Become World Market leader
The Chinese Wolong Group, which took over ATB last year due to A-Tec´s insolvency, has big plans for the engine producer.
March 24, 2012
New Sales Record at Pfanner
The Austrian fruit juice producer achieved constant growth rates last year. Sales were up to € 245m.
March 24, 2012
KTM Underlines Successful Year 2011
Results were significantly up last year. The emission of a € 75m corporate bond should strengthen the long-term financing structure.
March 23, 2012
CarbonLite Opens $ 58m PET Recycling Plant
The Austrian Erema supplies pelletizers for the world largest bottle-to-bottle recycling plant in Riverside, California.
March 22, 2012
Voestalpine to Invest € 500m at Main Site
The Austrian steel company builds a new strand casting house. Voestalpine warns of excessive greenhouse gas regulations.
March 22, 2012
Strabag Expands in Switzerland
The Swiss subsidiary of Austrian Strabag enters into strategic partnership with BH-Holding AG in Zurich and Zug.
March 22, 2012
Andritz: Major Order from Chile
The Austrian Andritz Energy & Environment receives major order to supply equipment for two coal-fired power stations in Chile.
March 22, 2012
Excellent Results at Lenzing Group
The Austrian fiber producer announces that the € 2bn sales threshold was surpassed for the first time. EBIT was up by 60%.
March 22, 2012
MAN Austria Records Lower Revenues
The Austrian subsidiary of the German truck producer registers a decline in revenues by 12%. The number of produced driver cabs was up significantly.
March 21, 2012
Substantial Rise in Sales at Red Bull
The Austrian energy drink producer sold 4.6 billion cans last year. Sales were up by 12%.
March 21, 2012
Strabag Extends Viennese Underground
Extension of underground line U1 in Vienna: The Austrian construction group receives contract for two construction lots. The order value reaches about € 90m.
March 21, 2012
Andritz Receives Major Order from Turkey
The Austrian technology Group Andritz has received an order to supply equipment for Beyhan-1 hydropower station in Turkey. The order value amounts to € 44m.
March 21, 2012
Denmark: Alpine Participates in Major Tender
New Railway Line in Copenhagen: Invitation to tender for Austrian company Alpine Bau GmbH.
March 20, 2012
Strabag SE places € 140m Bonded Loan
The Austrian construction company strengthens the diversification of financing structure. Strabag issues two fixed-interest and two variable tranches with terms to maturity of 5 and 7 years.
March 20, 2012
Serbia: Promising Market for Austrian Construction Industry
The Western Balkan state Serbia invests massively in the modernization of its infrastructure. This year, the civil engineering sector will grow by 20%.
March 19, 2012
AMAG Appreciates Changes in Shareholder Structure
With B&C Industrieholding, the Austrian aluminum producer got a new major shareholder. RLB Upper Austria widens its share up to 16.44%.
March 19, 2012
Andritz Receives Order in DR Congo
The Austrian technology Group Andritz received a contract for reconstruction and rehabilitation of two Francis units (178 MW each) for the Inga 2 hydropower plant, DR Congo.
March 19, 2012
Pankl Announces Strong Earnings Growth
The Austrian automotive component supplier achieved a 17% growth rate in revenues. EBIT was up by 85%.
March 19, 2012
30% in AMAG Sold to B&C Industrial Holding
One Equity Partners (OEP), a subsidiary of JP Morgan, sold a major stake in the Austrian aluminum company to B&C Industrial Holding.
March 16, 2012
Wolford Group Reports Stable Results
The Austrian textile company posted almost unchanged sales and profits figures. The outlook is cautiously positive.
March 16, 2012
B&C Holding Interested in 30% AMAG Stake
The industrial holding aims for entering the aluminum producer AMAG. RLB Upper Austria is interested too.
March 15, 2012
Lufthansa Grants Capital Injection to AUA
The German Airline raises the capital of the loss-making subsidiary by € 140m with reservations.
March 15, 2012
Moderate Rise in Results at Mayr-Melnhof
The Austrian packaging company could enhance profits by 7.5% to 118.7m. Dividends rise from € 1.95 to € 2.10.
March 15, 2012
Voestalpine Closes TSTG Schienentechnik
The shutdown of German TSTG is due to a “lack in efficiency”. Because of the current cartel proceedings, the Austrian steel company has to build provisions of € 205m.
March 13, 2012
Palfinger Puts Effort Into China Entry
The Austrian crane manufacturer announced its joint venture with the Chinese partner Sany at the Austrian Federal Competition Authority (BWB).
March 13, 2012
CFO Peter Simma to Leave Wolford AG
Peter Simma, Chief Financial Officer and Deputy Chairman of the Executive Board of Wolford AG, is leaving the company on his request.
March 13, 2012
Alpine to Build Beltway in Romania
Beltway to solve Brasov's traffic problems. The Austrian construction company prevails over six competitors in Romania.
March 13, 2012
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