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Austria International Renewables Industry News
Read the latest headlines about developments in the international renewables industry in Vienna and Austria
Postponed: Decision on Nabucco Not Before 2011
Because the talks with the main supplying country Azerbaijan are proceeding with exceeding slowness, the decision about the construction of the pipeline will not be possible this year.
October 8, 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
EVN resolves on capital increase – transaction together with EnBW
With the Supervisory Board’s approval, the Managing Board of EVN AG has resolved on a capital increase from authorized capital through the issuance of up to 16,352,582 new ordinary no-par value bearer shares.
October 5, 2010
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
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'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
Liquefied Natural Gas: Plans for a Route from Georgia to Romania
Liquefied natural gas (LNG) is to be shipped from the Georgian port of Kulevi in the direction of Constanta.
September 17, 2010
Hypo Alpe Adria: Greek Entrepreneur Xeniadis Signals his Interest in Buying
The Greek businessman Vasileios Xeniadis is prepared to offer 1.35 billion euro for Hypo Alpe Adria.
September 16, 2010
OMV targets a 20% market share in Serbia
Important changes are foreseen for 2011 in the Serbian oil industry. Because, effective from January 1, the energy company NIS will lose, albeit theoretically, its artificially upheld monopoly position…
September 13, 2010
Putin: Gas pipeline Nabucco with "little chance of success"
Putin gives the competition project of the South Stream gas pipeline little chance of being realized, because as of now, Nabucco has no suppliers.
September 8, 2010
Energy - Three offers for Verbund power plants
Those interested are European companies. By mid 2011 the partial sale of Innkraftwerke shall be completed. Right now the current prospects review the economic documents.
September 7, 2010
The Austrian electricity price index ÖSPI is to decline in October
The electricity price index for October 2010, calculated by the Austrian Energy Agency (Österreichische Energieagentur), indicates that in October prices of electric energy will fall.
September 6, 2010
Miba Acquires Producers of Power Electronics Components
Miba, strategic partner to the international engine and automotive industry, has acquired EBG and DAU, producers of power electronics components, as of September 1, 2010.
September 1, 2010
OMV to cover 9 percent of Romanian energy demand
The gas-fuelled power plant Brazi in Romania of Austrian energy group OMV is going to be ready by autumn 2011 and will then produce enough energy to cover 9 percent of the Romanian energy demand.
August 30, 2010
Kelag with more sales and profits
Economic recovery brought growth for the Corinthian energy provider in the first half of 2010.
August 30, 2010
Russians buy Klausner
The financially ailing Tyrolean Wood Company Klausner has sold two of their last four German plants to the Russian competitors Ilim Timber.
August 25, 2010
Siemens Group upgrades Austrian business location
Siemens Austria has been named the global interface for the small hydropower plant activities of the Group.
August 25, 2010
Causa ÖBB - Verbund as top priority
Verbund AG wants to increase its equity, the federal government as majority shareholder will support the plan, which will be discussed, in tomorrows Council of Ministers.
August 23, 2010
OMV boss with possible prosecution
OMV CEO Wolfgang Ruttenstorfer maybe confronted with prosecution in the current proceedings against him as reported by Presse.
August 20, 2010
Albania - Green light for new power plant of Verbund and EVN
The EU's competition authorities have approved a joint power plant project of Verbund and EVN in Albania.
August 20, 2010
EVN - Majority of Bulgarian Gorna Arda is sought
Lower Austrian electricity company plans to acquire 70 percent of a hydroelectric project.
July 20, 2010
Eco World Styria - Styrians to outstrip U.S.
The network meets the future on the international market as "The World's Green Tech Valley": a success story.
July 16, 2010
Defying EU fusion reactors
According to calculations of the Green Party Federal Councillor Elisabeth Kerschbaum the project costs Austria €158m.
July 15, 2010
Union speaks of "death blow" for Austrian Railway
In the context of the forthcoming increase of capital of Verbund hydro electrical plants could be bought from the Austrian Railway Network ÖBB.
July 15, 2010
Siemens - Major contract in the Czech Republic
Siemens to build a photovoltaic system for about €10m
July 8, 2010
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
Intercell AG -Resolutions of the AGM
Intercell AG today announced that all proposed resolutions were approved by the Annual Shareholders meeting held today.
June 28, 2010
Andritz to supply electromechanical equipment for Ilisu hydropower station, Turkey
International technology Group Andritz will supply electromechanical equipment with a total value of approximately 340 MEUR as part of the construction of the Ilisu hydropower station in Turkey.
June 15, 2010
EVN scores a gas deal in Croatia
A new gas pipeline built by Austrian energy provider EVN will provide thousands of Croats.
June 2, 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
BWT AG - AGM agrees on all items of the agenda
The AGM of BWT Aktiengesellschaft passed all items of the agenda. The dividend was raised to EUR 0.40 per share after EUR 0.38 last year and will be discounted on May 31st and paid on June 2nd.
May 26, 2010
CEE oil & gas - MOL releases Q1 2010 financial results
The Hungarian-based MOL, one of the largest integrated oil and gas companies in Central and Eastern Europe, today posted its Q1 2010 unaudited financial results.
May 21, 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
Manpower to break threshold of 3000 temporary workers
In 2009 25 branches were opened in Austria and a turnover of €84,3m was achieved.
May 17, 2010
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