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Vienna International Technology Industry News

Kapsch Expands in Romania

The Austrian toll system supplier Kapsch has purchased the Romanian IT service provider Squario Management s.r.l. At the same time, Kapsch has strengthened its presence in a central CEE market.

February 3, 2012

Kapsch Wins Contract in Ireland

The Austrian toll system supplier wins Irish Rail GSM-R tender for the implementation of a digital train radio system.

February 2, 2012

Wind Power in Sahara: New Orders for Siemens Austria

The Austrian subsidiary of the German technology group Siemens achieved its first orders for the construction of wind power plants.

February 2, 2012

Major Order from Costa Rica for Andritz

The Austrian technology group Andritz was awarded a contract by the Institute of Electricity of Costa Rica.

February 1, 2012

RBI Structures Credit Facility for Chinese Company

Austrian Raiffeisen Bank International (RBI) finances delivery of the plant by Andritz-Group for Chinese Ganzhou.

February 1, 2012

AT&S: Profits Decreasing in Spite of Higher Sales

Mobile Devices’ sales for the third quarter reached a new record high of about € 83m. Revenues for the first three quarters of the year amounted to € 372m.

January 24, 2012

TGW to Expand in China and Brazil

The Austrian storage logistics supplier gained a first contract from China after having established a distribution company. In Brazil, TGW agreed on a joint venture.

January 20, 2012

AT&S Launches Strategic Alliance with U.S. MFLEX

Multi-Fineline Electronix, Inc. and AT&S Austria Technologie & Systemtechnik Aktiengesellschaft, today announced a Strategic Alliance Agreement.

January 19, 2012

Austriamicrosystems Reports Strong Rise in Revenues

austriamicrosystems announces its preliminary financial information for full year and fourth quarter 2011.

January 19, 2012

Binder Creates New Technology Company

Binder+Co AG has started the 2012 financial year with the foundation of a new subsidiary in the shape of Bublon GmbH. Binder+Co Group now consists of a total of four companies.

January 16, 2012

New Management for Microsoft Austria

With Georg Obermeier, the Austrian subsidiary of the U.S. software group has a new executive.

January 14, 2012

ATX: Andritz Becomes Number 4

The Austrian technology company Andritz could raise its weight in the prime market of the Austrian Traded Index. Erste Group and Raiffeisen lost massively.

January 7, 2012

Kapsch TrafficCom Wins Major Contract in Russia

The Austrian supplier of toll collection systems was chosen for the operation of a 400 km-long segment of the M4 Federal Highway.

December 29, 2011

Brain Force Appoints New Chief Financial Officer

Hannes Griesser succeeds Thomas Melzer as CFO of the Austrian software company as of 1 January.

December 23, 2011

Andritz Receives Major Order from Egypt

The Austrian technology group will supply the equipment for a hydropower plant on the River Nile. The order volume is € 107m.

December 22, 2011

Brain Force Achieves Operative Turnaround

The Austrian software company reported growth in revenues of 2% in 2010/11. Profit after tax was down to € -1.37m.

December 21, 2011

Major Order from Russia for Siemens Austria

The Russian railway company RZD reserves eight high-speed trains “Velaro RUS”. The order will be delivered in January 2014.

December 20, 2011

S&T Aims to Achieve Turnaround in 2012

The Austrian information technology service provider wants to return to the profit zone. In 2012, turnover should reach € 220m at least.

December 14, 2011

Infineon to Invest in Austria

In spite of the weak economic forecasts, the German semiconductor producer wants to invest further in the Austrian business location.

December 12, 2011

Kapsch Group Expands in Romania

With the opening of a new, larger branch office, the Austrian toll collecting system supplier Kapsch Group is providing a signal for expansion in Romania.

December 7, 2011

KapschTrafficCom to Gain Order from Russia

The Austrian toll collect system supplier expects final announcement on the award of a Russian contract in two weeks.

December 5, 2011

Ambitious Restructuring Plans for S&T

After serious troubles in 2010 and 2011, the Viennese software consulter should leave the red zone next year. The new CEO, Hannes Niederhauser, is cautiously optimistic.

December 5, 2011

Andritz Receives Major Order for Power Station in Portugal

The Austrian technology group was awarded an order for the supply and erection of the complete electromechanical equipment for the pumped storage project Foz Tua.

November 25, 2011

S&T Realizes Capital Increase and Investor Participation

Quanmax AG and grosso holding are new majority shareholders of the Austrian IT consulting company, which is planning to return to profitability in three phases.

November 24, 2011

Drop in Revenue for SW Umwelttechnik

The Austrian technology group was particularly burdened by a decrease in quantities in Hungary. The loss on ordinary activities doubled from € -1.6m to € -3.3m.

November 23, 2011

Kapsch TrafficCom Reports Strong Growth

Revenues of the Austrian toll system supplier increased by 90%, EBIT more than doubled in the first half of the fiscal year 2011/12.

November 23, 2011

Strong Results for Pankl Racing Systems

The Austrian supplier of racing and aerospace systems could improve revenues, earnings as well as profits significantly.

November 21, 2011

Binder+Co Reports Strong Rise in Sales and Orders

Binder & Co, an Austrian supplier of environmental and packaging technology completed Q1–3/2011 with marked increases in both sales revenues and EBIT.

November 16, 2011

Strabag Subsidiary Wins Contracts in India

EFKON, an Austrian supplier of toll systems has been awarded for contracts in India worth € 6.5m.

November 16, 2011

Brain Force Announces Turnaround

The Austrian software engineering company reported positive earnings. Revenues were up by 2.0%.

November 15, 2011

Bombardier Considers to Leave Vienna

The Canadian company is threatened to close its factory in Vienna, unless the city government orders new subway trains.

November 14, 2011

Fabasoft in the Black Zone

The Austrian software manufacturer reports improving sales and earning figures. Cash flow turned into positive.

November 12, 2011

AT&S Places € 100m Corporate Bond

The Austrian technology company will use the proceeds for general strategic objectives and for improving the quality of its funding portfolio.

November 10, 2011

SW Umwelttechnik Wins Major Contract in Hungary

The Austrian technology group will be managing a syndicate of three companies. The project has a total volume of € 24m.

November 10, 2011

Andritz Reports Rise in Sales, Earnings and Profits

As expected the Austrian technology Group Andritz achieved a significant increase in all relevant financial key figures in the third quarter of 2011 compared to the previous year’s reference period.

November 8, 2011

Andritz: Analysts Optimistic

The Austrian engineering and technology group Andritz is expected to report a significant rise in sales, earnings and profits.

November 5, 2011

Kovats Complains against Court Order

A-Tec’s outgoing CEO challenges a court decision as he sees an infringement of his property rights.

November 3, 2011

Austrian IT Service Provider Expands to Canada

The IT-service company Navax has ambitious growth plans. Expansion should not only take place in Austria, but also in Canada, Switzerland and Germany.

October 31, 2011

Quanmax Raises Targets for 2011

The Austrian distributor of IT products benefits from the acquisition of S&T. Target turnover for the fiscal year has been revised to € 150m.

October 28, 2011

S&T Shareholders Approve Capital Increase

Recapitalization of the Austrian IT consulting company authorized in today’s Extraordinary General Meeting.

October 25, 2011

Strong Rise in Sales for austriamicrosystems

Austriamicrosystems, a manufacturer of ICs for communications, industry & medical and automotive applications, reports revenue and earnings growth for the third quarter of 2011.

October 24, 2011

Negative Results for S&T

The Austrian IT service provider S&T had to report losses in the third quarter of 2011. Sales were below expectations.

October 22, 2011

AT&S: Massive Investments in China

The Austrian manufacturer of conductor boards will invest € 600m for its factory in the Chinese Chongqing.

October 22, 2011

A-Tec: Kovats to be Replaced

Mirko Kovats, CEO of the Austrian A-Tec, will be replaced from his positions in order to avoid further “disturbances”.

October 22, 2011

AT&S Reports Solid Quarterly Results

The Austrian technology company achieved record sales of € 131.4m in the second quarter. A new sales office in Taiwan will be opened soon.

October 20, 2011

Update Software Reports Positive Earnings

The Austrian software provider update software, which is listed at Frankfurt Stock Exchange, recorded a rise of 28% in sales. EBIT turned into the black zone.

October 19, 2011

U.S. Company Claims $ 25m From Andritz

The U.S. company Ovalstrapping accuses the Austrian technology Company Andritz to have copied its technologies. Andritz defends itself.

October 19, 2011

Online Shopping is Booming in Austria

45% of the Austrian population already practiced online shopping. The share of enterprises using mobile broadband connections rose significantly against 2010.

October 18, 2011

ATB is Optimistic to Find a New Buyer

The subsidiary of the insolvent A-Tec corporation is looking for a new owner. Now, it is important to find a quick solution.

October 10, 2011

Upper Austria Waits for Google

The Austrian province already has provided the infrastructure for the U.S. internet service provider google. But construction works for the data processing center did not began until now.

October 8, 2011