Vienna International Technology Industry News

Read the latest headlines about developments in the international technology industry in Vienna and Austria

Siemens Austria and Verbund to Establish Electric Mobility Provider

The technology and electricity company found a joint venture in order to serve and develop the Austrian electric mobility market.

April 20, 2012

EVN Expands into Serbia

EVN subsidiary WTE Wassertechnik GmbH wins the contract for construction of a drinking water treatment plant in Zrenjanin, Serbia.

April 19, 2012

Quanmax Posted Record Revenues

The Austrian IT copmany achieved record revenues of € 153.2m in fiscal year of 2011. This corresponds to an increase of 90 percent compared to € 80.7m in the previous year.

April 16, 2012

Kapsch: Critique by Czech Republic

The toll collection system in the Czech Republic is more expensive in Austria or Germany, the Czech audit authority alleges.

April 14, 2012

SW Umwelttechnik Improved Earnings

The Austrian environmental technology company still records operating losses. Turnover fell considerably.

April 13, 2012

CSC: Substantial Growth in CEE Markets Expected

The U.S. IT service supplier CSC upgrades the Viennese subsidiary again. Recently, CSC Austria became a regional headquarter for ten countries. Now, a R&D center was created.

April 5, 2012

S&T Achieved Turnaround

The realization of investor participation stabilized the Austrian IT service provider and showed positive effects on liquidity, equity capital and group results.

March 29, 2012

Growth in Austrian IT Industry

In 2011, the Austrian Information Technology and Communication Industry achieved revenues of € 54bn. This corresponds to an increase of 6.6%.

March 26, 2012

New Record in Swedish-Austrian Bilateral Trade Volume

Austrian exports to Sweden reached a new record level in 2011. Moreover, the first surplus could be registered.

March 17, 2012

Microsoft Austria Defends First Rank at „Great Place to Work“

In 2012, the U.S. software company is again the best employer among companies beyond 250 employees.

March 17, 2012

Increasing Importance of Environmental Sector

In 2010, the Austrian environmental goods and services sector continued its growth, 7.9% more employees.

March 15, 2012

Ascom Divests its Security Communication Business in Austria

The Swiss IT solution provider sells its subsidiary Ascom Austria Ges.m.b.H. in a management buy-out to the current Managing Director Peter Bernhofer.

March 13, 2012

Canada as Growth Market for Austria´s Environmental Technologic Industry

This week, the Canadian environmental trade fair “Globe 2012” will be held in Vancouver. For Austrian environmental technology suppliers, Canada may be a promising market.

March 12, 2012

Quanmax Achieves Record Turnover in 2011

The Austrian software company achieves turnover of € 150m after € 81m in 2010. Profits of € 7.0m are recorded. S&T generates revenues of approximately € 50m with a slight profit margin.

March 12, 2012

Kapsch TrafficCom IVHS to Open New North American Head Office

Kapsch TrafficCom IVHS Inc., a subsidiary of Austrian Kapsch TrafficCom AG, announced the opening of the new corporate head office in Tysons Corner, Virginia.

March 6, 2012

New Riyadh Sewage Plant With Austrian Technology

Saudi Arabia's Minister signs contract over 80 Mio $ sewage purification plant. ILF participates in the awarded consortium.

March 5, 2012

French and Austrian Automobile Clusters to Cooperate Closer

A delegation of French automobile companies will be received in Graz in order to intensify technologic cooperation.

March 2, 2012

Kapsch TrafficCom with Contract Award in France

Kapsch TrafficCom AG listed on the Vienna Stock Exchange in the prime market segment, reports a contract award in France worth more than € 25m.

March 2, 2012

austriamicrosystems Reports Rise in Revenues and Earnings

The manufacturer of high performance analog ICs registered a 32% rise in revenues. EBIT rose by 59%.

February 29, 2012

Kapsch TrafficCom Receives Order in Belarus

Kapsch TrafficCom receives order for a nationwide electronic toll collection system in Belarus. The contract value for implementation of the system reaches € 267m.

February 29, 2012

Negative Operating Results for Kapsch TrafficCom

Due to delays in two major projects, the Austria toll collection system supplier recorded operating losses in the third quarter of 2011/12. Revenues were up massively.

February 29, 2012

Saubermacher Leaves Croatia

The Austrian waste treatment acquired a stake in the largest Croatian waste management company. Now, the stake is sold again.

February 29, 2012

Atos Keeps Vienna as CEE Headquarters

After the takeover of Siemens IT solutions (SIS), the French IT service provider keeps Vienna as headquarters for Central and Eastern Europe.

February 27, 2012

CSC Establishes its CEE Headquarters in Vienna

The U.S. IT service supplier CSC upgrades the Viennese subsidiary as regional headquarters for ten countries.

February 22, 2012

Beko Shows Good Performance

The Austrian IT company could increase sales by 6.2% to € 13.8m. Operating profits were stable.

February 21, 2012

Strong Rise in Profits for Pankl

The Austrian producer of automotive and aeronautic components expects further revenues growth and EBIT improvement in 2012.

February 20, 2012

Brain Force Records Losses Again

In spite of rising sales, the Austrian IT company registers slight losses. Brain Force justifies itself with the price pressure and sales activities.

February 16, 2012

Rising Profits and Sales at Fabasoft

The Austrian software producer announces preliminary figures for the first nine months of the fiscal year 2011/2012.

February 13, 2012

BWT Records Declining Profits

The Austrian water technology company sees its revenue target met, earnings were affected by brand building. Dividends have to be cut substantially.

February 13, 2012

Major Orders for Siemens Austria From Mexico and Thailand

The Mexican steel producer Tyasa ordered the construction of a completed steelworks. In Thailand, Siemens Austria builds a roller plant.

February 11, 2012

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