Read the latest headlines about developments in other industries in Vienna and Austria
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Other Industrial Company News

Manufacturer of Fine Glass Villiglas Strengthens Management

Visionary and heir of billions Philipp D.Merckle takes Joseph Lindenberg and Manfred Pesek into the management of the fine glass manufacturing company.

October 11, 2010

Chip Manufacturer Infineon: Revalorization of the Development Center Graz

The German chip maker based in Villach is bundling competencies. All future research on tire pressure sensors will be made at the Infineon Development Center Graz with 250 employees.

October 8, 2010

Siemens Graz: - Investment of 12 Million in Plant for Railway Bogies

Siemens is investing a total of twelve million euro at the Graz location. The plant for railway bogies will receive a new assembly line for wheel sets. In addition to the present 950 employees new jobs will be created.

October 8, 2010

Zumtobel Closes Loss-Making Plant Space Cannon in Italy

Zumtobel, the shareholder of the company Space Cannon VH SRL, based in Fubine (Piedmont), a specialist in façade and event lighting and a member of the Zumtobel Group, has filed for liquidation.

October 7, 2010

Zumtobel Opened Light Center in Shanghai

More than 120 architects, designers and business partners enjoyed the Zumtobel opening gala for the new Light Center in Shanghai.

October 7, 2010

RHI Is Considering Raising Capital

The refractories manufacturer RHI wants to continue growing, and will need between 400 and 500 million euro for its expansion plans, the new boss of the group, Henning Jensen, said at the "Q-Check" experts forum.

October 6, 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

Kapsch TrafficCom: Polish 1.24 Billion Euro Contract for Truck and Bus Toll System

The company listed in the Vienna Stock Exchange will build up the entire toll system for trucks and buses weighing over 3.5 tons on Poland's roads for July 2011.

October 4, 2010

FACC Grows and Hires

The aircraft supplier FACC, since recently Chinese property, plans to grow further this year. In order to do this, the company needs 150 new employees.

October 1, 2010

Bogner Edelstahl Continues to Grow

Austrian stainless steel specialist Bogner is pursuing an ambitious expansion plan in spite of the sales drop.

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

Rehau invests EUR 2 million into office centre in Guntramsdorf

Polymer producer Rehau is to invest more than EUR 2 million into the modernisation of its Austrian office centre in Guntramsdorf, near Vienna.

September 30, 2010

Mondi - Russia's Syktyvkar Mill modernized

Paper and packaging group Mondi confirmed that the modernization of its Russian mill was complete and the mill was ready to meet Eastern Europe's growing demand for uncoated fine paper and container board.

September 29, 2010

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