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Austria International Mining Industry News
Read the latest headlines about developments in the international mining industry in Vienna and Austria
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Increase of Budget for Investment Subsidies to EUR 2 Billion
The Austrian Government has announced a budget increase for investment subsidies. A high demand and investment volume in the first three weeks of the application period has lead to this decision that is welcomed by the Federal Chamber of Commerce.
September 23, 2020
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Foreign Trade Has Partially Recovered from Crisis
According to the latest report from Statistics Austria, imports and exports are only slightly behind last year's number indicating an upwards trend after Covid-19 has impacted foreign trade significantly.
September 8, 2020
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WKO Secretary General: Labor Market Situation Improves, But Remains Great Challenge
The secretary general of Austria's Federal Chamber of Commerce WKO recognizes a slightly positive trend in the labor market but underlines the importance of ongoing and future economic measures.
September 7, 2020
Economic Sentiment in Austria and the EU Brightened Further in August
Businesses and the population of the EU still have below-average economic sentiment although the expectations improved over the last month. The sharp decline due to Covid-19 is made up by about 60 % already.
August 31, 2020
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Vienna Based UNIDO Holds Expert Panel to Discuss Developments in Industry and Society
The United Nations Industrial Development Organization hosted an expert panel about the future of industry and society. Main topics were the advancement of attaining the sustainable development goals and shaping society as a whole.
August 21, 2020
Schwarzenegger in Vienna: Kick-off for Climate Conference
Arnold Schwarzenegger and Federal Chancellor Kurz stress the need for effective climate protection.
January 29, 2020
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Vienna Energy Forum 2020 as a Hub for Innovative and Sustainable Energy Solutions
During high-level talks at the United Nations Climate Change Conference (COP 25), Maria Patek, Austria's Federal Minister for Sustainability and Tourism, announced the hosting of the Vienna Energy Forum (VEF) 2020.
December 11, 2019
Further Increase in Greenhouse Gas Emissions in Austria
Environmental control report calls for increased investment in climate-neutral economy and society. Climate neutrality requires change in the economy and society.
October 16, 2019
What Does Vienna Have in Common with the New Silk Road?
In order to ensure sustainable development, the cities along the New Silk Road also have to face major infrastructural and social challenges, as well as climate-ecological challenges. More than 1000 participants from more than 178 cities are expected in September in the Vienna International Center for UNIDO's Bridge for Cities Conference as part of the Belt & Road Initiative.
August 12, 2019
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Austro-Arab Energy Community Meets in Vienna to Discuss International Cooperation
The 10th Arab-Austrian Economic Forum & Exhibition took place in Vienna yesterday, organized by the AACC Austro-Arab Chamber of Commerce in cooperation with the City of Vienna and the Regional Center for Renewable Energy and Energy Efficiency (RECREEE). Under the general theme "Energy Transition - Urban Technology and Sustainable Cities", New Opportunities for International Cooperation and Partnerships, representatives from EU institutions, international organizations, funds, European and international financial institutions as well as ministers and high-ranking personalities from the Arab economy met representatives of the local economy, politics and business community. Participants included Nabil R. Kuzbari, Richard Schenz, Michael Ludwig, Omar Al-Rawi, Mahdi Allak, Johannes Peterlik, Samir Koubaa, Michael Esterl and Li Yong.
October 2, 2018
Top Energy Events Put Vienna in the Focus of the Global Clean Energy Economy
The Vienna Energy Forum 2018 in May in Vienna brings together a multitude of people and institutions to discuss and solve the key questions of the present on the topic of energy. Among them are heads of state, ministers, energy experts, representatives of international and non-governmental organizations, academia, civil society and the private sector. The PFAN Climate and Clean Energy Investment Forum and the R20 Austria World Summit are also part of this huge event. This event, sponsored by Arnold Schwarzenegger, is a high-level summit about leadership on implementing the Paris Climate Agreement and the United Nations Sustainable Development Goals.
April 19, 2018
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OSCE: "Reliable, Affordable and Sustainable Energy Supplies are Prerequisite for Stability and Security"
Energy experts from the OSCE Mediterranean Partners for Co-operation, representing both government institutions and private sector companies, will begin a week-long field study of sustainable energy in Austria and Germany.
July 12, 2016
Calls for European Energy Union Become Louder
Polish PM Tusk called for a European energy union. His Hungarian counterpart supports the idea.
May 9, 2014
Turkey: Strong Industrial Production at Start of Q3
Turkey saw a strong industrial production at the start of the third quarter, according to official data, which gives hope for an improved economic growth as the country is facing more and more economic difficulties.
September 10, 2013
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Romania: Industrial Sales Increased 4.7 Percent in 2013
Romania’s industrial sales increased 4.7 percent in the first seven months.
September 9, 2013
Serbia: UK Enterprises Likely to Invest in Serbia
70 British companies are interested in investing in Serbia's economy.
September 6, 2013
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Poland To Enhance Supervision Over State Companies
Around twenty state-controlled enterprises will be watched more closely.
July 2, 2013
Hungary: Taxes to Be Raised
Shortly before the parliamentary summer recess taxes were raised by the government of Viktor Orban.
June 18, 2013
Bulgaria: Protests Against Shale Gas Exploration
Protests will make it problematic for the new Bulgarian government to lift the moratorium on shale gas exploration.
June 10, 2013
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Poland: Dispute Over Shale Gas Law
Polish Finance Minister Jacek Rostowski has criticized the Environment Ministry for the planned national participation in the production of shale gas.
May 24, 2013
Austrialian Mining Company Plans to Exploit Lithium in Austrian Alps
Global Strategic Metals NL plans a site with an investment volume of € 125m in Austria. For Austria, the lithium deposits would be a „highly strategic asset“.
June 9, 2012
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Styrian Mining Company Causes Problems for Austrian Banks
The Austrian mining company Decometal has debts reaching € 250m. Now, the company will be restructured. Loans must be extended.
December 28, 2011
OMV Promotes Nabucco Project Abroad
The Austrian oil corporation OMV pushes the gas pipeline project Nabucco in Turkey, Azerbaijan and Turkmenistan.
October 11, 2011
Austria and Azerbaijan Expand Cooperation
An Austrian delegation will hold several meetings with Azerbaijani ministries and private companies.
September 20, 2011
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East Coast Minerals Reaches Milestone in Lithium Project
Exploration and mining licenses for the lithium deposit in Carinthia have been transferred to the Australian company.
September 14, 2011
Noricum Announces Significant Gold Mineralization at Austrian Projects
The London-based gold exploration and development company gives a positive update regarding the exploration program at its projects in south-central Austria.
September 5, 2011
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Renaissance for Carinthian Lithium
A currently closed lithium mine in Carinthia will be reopened by an Australian company after its acquisition for a price of € 9.25m. It is the largest deposit in Europe.
May 30, 2011
CEO Roiss: "Gas and Oil Remain the Core Business"
Renewable energies are already part of the program of OMV, said Gerhard Roiss. However, oil and gas will dominate in Europe until 2020.
May 5, 2011
OMV Starts Operations in Tunisia
El-Badr-5 is the first OMV operated production well to go into operation with a production of 1,500 boe/d. Durra production concession has been granted. Both assets were part of the Pioneer portfolio acquired earlier this year.
April 27, 2011
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Oil Production Declined in Austria
Domestic oil production fell last year by 3.3% to 965,112 tons. Gas production increased however.
February 16, 2011
Australian Mining Company Seeks to Extract Lithium
Europe's largest lithium reserves are considered to be in the Austrian Alps. There is already interest for its extraction in Australia.
February 12, 2011
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Further Rise in Energy Prices for Households
Austrian energy prices in November 2010 were higher by 5.8% compared to the previous year. Only gas became cheaper.
December 27, 2010
Coface CEE Top 500 - Poland Largest Number of Companies in CEE
Poland has the largest number of companies in the Central and Eastern Europe Top 500 with 28.4%. Hungary ranks second with 16.6%, overtaking the Czech Republic, which is home for 13.8% of the CEE Top 500.
October 12, 2010
Schoeller-Bleckmann Acquired Dubai Based Special Tools Provider
Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX market of the Vienna Stock Exchange, has successfully completed acquisition of Drilling Systems International Ltd. (DSI).
October 5, 2010
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Energieallianz Austria Creates Subsidiary in Germany
Renewable energies are a rising trend. This has been recognized by the domestic Energieallianz Austria(EAA), a subsidiary of the energy provider for Vienna, Lower Austria and Burgenland.
September 30, 2010
Vienna now has its own Expat Center
In Vienna, the first Expat Center in Austria was opened. The project was handled by the Vienna Business Agency (former WWFF).
September 30, 2010
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A-Tec has Good Prospects on Shipping Company in Rijeka
The Croatian Competition Agency (ATZN) gives the Austrian A-Tec group under Mirko Kovats good chances in the bid for the privatization of the shipyard "3 Maj" in Rijeka.
September 24, 2010
Austria's Management and Supervisory Boards’ Salaries on the Test Bench
The partly state-run OMV had the most expensive board of all Austrian corporations in 2009. In total, the oil company spent 10.2 million euro on its bosses, 23.4% more than the previous year.
September 20, 2010
A-Tec Industries announces changes on Management Board
Christian Schrötter, CFO, today informed the company´s Supervisory Board of his decision not to extend his contract.
July 21, 2010
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C.A.T. Oil AG wins two hydraulic fracturing tenders in Western Siberia
C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, has been announced as the winner of two tenders for hydraulic fracturing services in Western Siberia.
July 5, 2010
A-Tec wants private bonds.
Denomination of €1000 - termination, at violation of certain ratios The A-Tec intends to target private investors with their planned five-year bond (subscription period from June 1 to July 5). The nominal value amounts to €1000 ($1223). The expiring A-
June 30, 2010
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A-Tec Industries AG to float corporate bond
A-TEC Industries AG is currently in preparations to issue a corporate bond.
June 28, 2010
C.A.T. Oil AG further improves profitability and earnings under abnormally harsh weather conditions
C.A.T. oil AG (O2C, ISIN: AT0000A00Y78), one of the leading providers of oil and gas field services in Russia and Kazakhstan, today has published its results for the first quarter 2010.
May 31, 2010
C.A.T. Oil AG - dividend announcement
The annual general meeting of shareholders of the company held on 18 June 2010, resolved to distribute dividends in the amount of €0.30 per eligible share for the fiscal year 2009.
May 18, 2010
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