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Latest News about Other Industries
Read the latest headlines about developments in other industries in Vienna and Austria
Russian Machines: Siegfried Wolf Obtains a Stake and Receives Clear Voting Rights

Siegfried Wolf, one of the two former top executives of Magna International not only changes over (as reported) to Oleg Deripaska's “Basic Element” company, but will also have a stake in it.
September 29, 2010
Deripaska: Back to Austria as Strabag Shareholder?

In 2 weeks, on October 15, the deadline expires for Oleg Deripaska to re-purchase his 25% share of the domestic construction company Strabag for about half a billion euro.
September 29, 2010
A-Tec - Franz Fehringer appointed as CFO

Franz Fehringer, head of the Treasury and Accounts Department, and a member of the management team, has been appointed as the group´s Chief Financial Officer.
September 27, 2010
Oerlikon: Acquittal for Stumpf, Vekselberg, Pecik

In the case of Oerlikon, the Swiss Federal Criminal Court acquitted investors Viktor Vekselberg, Georg Stumpf and Ronny Pecik from the charge of violating the Exchange Act in the case of OC Oerlikon.
September 24, 2010
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
Lenzing places EUR 120 million corporate bond with mainly private investors

Lenzing AG, a world market leader in man-made cellulose fibers, placed a seven-year corporate bond with a coupon rate of 3.875 %.
September 24, 2010
Böhler-Uddeholm Forge Operation Obtains 130 Million Euro From voestalpine

The stock exchange listed steel group voestalpine has invested 130 million euro in a new forge operation at Böhler Edelstahl, Kapfenberg.
September 23, 2010
Liebherr Lienz Employees on Short Time

The refrigeration equipment manufacturer requests AMS for short-time working aid from mid-October to mid-April 2011. Liebherr had 80% of its workforce working short time already in 2009. At the Lienz site, a staff of 1,475 is currently employed.
September 22, 2010
Zizala to spend EUR 15 million for plant development

Zizala Lichtsysteme GmbH, Wieselburg, Lower Austria invested some EUR 15 million in the development of its plant in Scheibbs, in a bid to raise its production capacity.
September 20, 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's Subsidiary AE & E: CFO Brandt Moves to Sulzer

AE & E’s CFO, Juergen Brandt, will be CFO of the Swiss industrial group Sulzer. Jürgen Boggild moves to the Board.
September 20, 2010


Plansee expands into India and China

Despite the decline in sales, the Tyrolean company Plansee expands into Asia.
September 13, 2010


Vienna International Airport: 13.0% increase in passengers during August 2010

In August 2010 the number of passengers handled by Vienna International Airport increased 13.0% year-on-year to 1,991,481.
September 10, 2010


Parker Hannifin opens subsidiary in Upper Austria

In the future, Parker Hannifin, a U.S. industry supplier, will operate in 17 CEE countries from Austria.
September 8, 2010


Teak Holz issues convertible bond with value of EUR 10 million

The bond matures in five years and bears a coupon of 5 percent.
September 1, 2010
More profits and less jobs at Rosenbauer

The fire service supplier earned €14.64m ($18.7) this year, €4.21m ($5.37) more than a year ago.
August 30, 2010
Kapsch TrafficCom returns to profit zone

The listed “tolls specialist” has doubled its sales to almost €66.3m ($83.88) in the first quarter.
August 25, 2010


Miba AG makes a strong start to the new business year

Miba, strategic partner to the international engine and automotive industry, had a strong start to the new business year.
June 11, 2010