Read the latest headlines about developments in the international technology industry in Vienna and Austria
Sponsored
Page 6/9

Vienna International Technology Industry News

austriamicrosystems Selected by Google

A module developed by the Austrian microelectronics and semiconductor manufacturer is on Google’s new Android Accessory Development Kit reference design.

July 7, 2011

Contractual Penalty for Kapsch in Poland

The Austrian technology group did not manage to finish work on an electronic toll collection system in time. Thus, the company will have to pay a contractual penalty.

July 6, 2011

Growing Output in the Electronics Industry

The production level of 2008 will be reached again this year. Growth is mainly driven by increasing exports and a positive development in the automotive industry.

July 5, 2011

Kapsch TrafficCom Makes Important Step in Russia

A joint venture of the Austrian technology group has made it to the final stage of a tendering process for a Russian highway project.

July 1, 2011

A-Tec Received Binding Offers from Investors

Investors will need at least € 210m in order to fulfill the payout plan. Up to five potential buyers were still interested in an acquisition.

July 1, 2011

S&T: Operating Loss Widened

The ailing Austrian IT service provider has not yet achieved the turnaround. Half of the company’s share capital has already been used up.

June 30, 2011

S&T Wins Contract in Serbia

The Austrian IT service provider will be responsible for the implementation of the largest SAP project in Serbia in the last years.

June 28, 2011

ACP Says No to IPO

The Viennese IT service provider has ruled out an IPO for the next two to three years as the market environment is “not suitable for medium-sized companies”.

June 27, 2011

Five Investors Still Interested in A-Tec

A-Tec boss Mirko Kovats has to find a buyer for his insolvent group by June 30. Investors will need at least € 225m in order to fulfill the payout plan.

June 24, 2011

Bilfinger Berger to Acquire Subsidiary of AE&E

The Czech subsidiary of the insolvent plant manufacturer will become part of the German construction group Bilfinger Berger.

June 20, 2011

austriamicrosystems Acquires US-based Company

The Styrian microelectronics and semiconductor manufacturer is going to buy 100% of the shares in an American light sensor supplier for $ 320m (€ 220m).

June 16, 2011

Record Loss for A-Tec in 2010

The insolvent company reported a loss of € 585m. Nonetheless, CEO Kovats sees a positive development and remains optimistic.

June 15, 2011

Kapsch TrafficCom Records Strong Growth in 2010/11

The Austrian technology group reported the best result in its history in the last year. EBIT almost doubled to € 48.9m.

June 8, 2011

HTI Announces Capital Increase

The Austrian technological group will raise about € 6.6m. Subscriptions for half of the volume have already been confirmed.

June 6, 2011

Fabasoft Planning Capital Increase

The Austrian software company prepares for a capital increase by € 2.5m.

June 3, 2011

Penta Investments Interested in A-Tec

Time is pressing. A decision has to be made by the end of June.

May 27, 2011

SW Umwelttechnik Still in the Red

The Austrian technology company reported a slight increase in revenue. EBIT improved from € -2.9m to € -2.5m.

May 25, 2011

The Austrian IT service company could raise its operating profits. Revenues declined.

The Austrian IT service company could raise its operating profits. Revenues declined.

May 13, 2011

Signs of Recovery at A-Tec

The insolvent company showed a satisfactory development in all divisions in the first quarter.

May 13, 2011

TeleTrader in the Red

TeleTrader increases its sales again by around 5.7%, but net earnings are impacted negatively by investments in data and infrastructure with € -0.155m.

May 12, 2011

Romania Offers Export Opportunities for Austria's Environment Industry

18 top Austrian companies active in the areas of environmental technology and renewable energies are present in Bucharest.

May 12, 2011

Oracle Partners with Linz University

The U.S. software giant opens a research laboratory at the Johannes Kepler University in Linz.

May 10, 2011

Infineon Makes an Investment for € 200m in Austria

The German technology group has announced that it intends to create 400 new jobs in Austria. The semiconductor production is to be expanded.

May 7, 2011

Optimism at AT&S

The Management Board expects developments of the increasing prevalence of electronic systems in everyday life to deliver above-average benefits for the AT&S Group.

May 6, 2011

Andritz: Good Business Development in the First Quarter of 2011

The Austrian technology Group increased all relevant key figures compared to last year’s reference period.

May 6, 2011

A-Tec: Coal Power Plant Will Not Be Converted

The insolvent company pulls back from its request to convert the Styrian power plant Voitsberg III. The total investment would have amounted to € 100m.

May 4, 2011

Carinthia: Further Development of Lakeside Park Secured

The course for further expansion of the flagship project has been set; an area of 4.5 hectares has been secured.

April 30, 2011

S&T Announces Group Results - Down in the Red

Consolidated revenues of the S&T Group in 2010 amounted to € 351 m, down from € 385 m in the previous year.

April 30, 2011

Revenue Growth by 30% for Quanmax

In the first quarter 2011, the Austrian IT company Quanmax could improve its results significantly.

April 28, 2011

According to its Employees, S&T is “Ripe for Bankruptcy"

The leadership of the troubled Viennese IT company is trying to hide an impending bankruptcy according to the company’s employees.

April 27, 2011

Interest in Acquiring A-Tec

The Austrian restructurer Erhard Grossnig is interested in acquiring parts of the insolvent A-Tec Group.

April 22, 2011

Kapsch TrafficCom IVHS and Federal Signal Corporation enter into Cooperation for North America

Kapsch TrafficCom IVHS Corp. ("KTC ,IVHS") and Federal Signal Corp. ("FSS") have entered into a Memorandum of Understanding regarding ways in which the two organizations mutual business interests in North America.

April 20, 2011

Research Undertaken by Enterprises is Growing Again

An increase in research expenditure of 5% is expected for 2011. The expenditure should amount to € 8.3bn this year.

April 20, 2011

Losses for update software AG

The Austrian software company, which is listed on the Frankfurt Stock Exchange, records declining sales as well as operating losses.

April 19, 2011

Kapsch CarrierCom Starts in Algeria

The Austrian provider of telecommunication solutions enters the African market: major GSM-R project in Algeria.

April 12, 2011

Substantial Financing Needs for S&T Again

The Austrian software company still suffers financial turmoil. New funds for € 3.5m are urgently required.

April 12, 2011

Austrian R&D Expenses on the Rise

R&D expenditures of Austrian firms increased by 3 per cent in 2009 despite the crisis.

April 8, 2011

A-Tec: Restructuring With Success Prospects

The insolvent A-Tec Group might actually succeed in completing its reorganization. An investor has yet to be found by the end of June.

April 7, 2011

S&T Reduces Jobs

The ailing Austrian software company has to reduce a quarter of its staff in the current year. There are also problems in Germany and Switzerland.

April 7, 2011

Strong Year 2010/11 for Keba

The automation company has seen strong revenue growth in the previous year. The growth outlook is positive thanks to new markets.

April 2, 2011

Good Prospects for Quanmax

The Austrian distributor of IT products could increase its profit. This year, the sales target is € 100m for the first time.

April 1, 2011

voestalpine Increases Research Budget to a Record High

In the new business year 2011/12, which begins on April 1, 2011, the Austrian steel company set asiede more than € 120m for product and technology development.

March 30, 2011

AT&S Expands in China

The Austrian electronics company plans to build a € 500m factory in China.

March 24, 2011 · Updated: March 24, 2011; 01:46

Škoda Increases Efficiency with S&T

The Austrian software company concluded a new IT-system for the Czech car manufacturer.

March 11, 2011

Verbund: Research Alliance with Technology University

The power group intends to expand its know-how in the field of environmental technology through cooperation with the Technical University of Vienna (TU).

March 10, 2011

Optimism in Austria's Creative Industries

Creatives wish to go new ways to support SMEs with creative services. The economic and technical network is to be intensified.

March 3, 2011

Kapsch Expects New Orders from the Arab Region

Kapsch emerges as the new GSM-R market leader in the international trade fair Middle East Rail 2011 in Abu Dhabi.

March 2, 2011

AT&S Expands

The Austrian technology company AT&S lays foundations for further extension of high-end PCB market leadership.

March 2, 2011

Massive Increase in Sales and Earnings for Kapsch

The Austrian Kapsch TrafficCom releases results for the third quarter of fiscal year 2010/11. EBIT margin doubled from 4.4% to 9.0%.

March 1, 2011

Beko Still Reports Losses

Despite a strong increase in sales, the Austrian ITservice provider is still in the red.

February 26, 2011