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Vienna International Technology Industry News
Read the latest headlines about developments in the international technology industry in Vienna and Austria
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Austrian Export Award 2014 for Above-Average Export Commitment
As part of a festive gala evening in Vienna's Museumsquartier, the Austrian Export Prize 2014 has been awarded by the Federal Minister for Science, Research and Economics, Reinhold Mitterlehner, and the President of the Economic Chamber Austria (WKO) Christoph Leitl.
June 26, 2014
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Voestalpine Plans Further Acquisitions
In an interview with the Financial Times, Voestalpine CEO Wolfgang Eder confirms his ambition to grow through acquisitions and to double its revenue by acquiring suitable targets in the special steel division in China and North America.
June 16, 2014
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S&T Buys 48% Stake of Russia's Affair OOO for EUR 5.87 Million
By acquiring a huge stake in the Russian energy and software development company, Linz based S&T AG substantially expands its appliances segment and smart energy portfolio. Affair OOO group employs 600 employees; its annual revenues amount to EUR 70 million. S&T's consolidated revenue is set to rise in 2015 to EUR 440 million.
June 6, 2014
London Roadshow with Austrian Companies
Austrian Companies with Erste Group and the Vienna Stock Exchange on Road Show to London
January 27, 2014
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Ten Capital Market Themes for 2014 by Raiffeisenbank
Leading indicators show a recovery of global growth.
December 11, 2013
Kapsch Lands Contract at Polish ADAC
Polish ADAC subsidiary hires Kapsch to optimize its call center.
October 9, 2013
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Kapsch Wins Contract for GSM-R Network in Slovenia
A step towards European integration: train communications technology from Kapsch is used in more than half of all EU Member States.
September 10, 2013
Austria: Kapsch Wins Bid For 450 Mhz Frequency Band
Kapsch CarrierCom has acquired nine frequency blocks in the 450 MHz range. The invitation to tender had been announced by RTR GmbH last March.
August 21, 2013
Kapsch Group Reports Solid Fiscal Year with Revenue of EUR 928m
Revenue growth in the domestic market of Austria and America.
August 12, 2013
Kapsch and the Czech Road and Motorway Directorate ŘSD recognized for transportation technology
Seven to ten wrong-way drivers per month are discovered in the Czech Republic through the use of Austrian transportation technology
August 8, 2013
Kapsch TrafficCom Starts Collecting Tolls in Belarus
The costs of the toll system established by Kapsch TrafficCom in Belarus came at € 267m and starts operating now.
August 1, 2013
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KapschTrafficCom Still Struggling in South Africa
The South African government cannot start the project since the state-controlled toll company is already in desperate straits. Further financial aids are not in sight.
July 25, 2013
Kapsch TrafficCom as Only Bidder in Slovenia.
Slovenia has cancelled the tender for the construction of an electronic toll system for trucks.
July 8, 2013
Kapsch Successfully Completes Interoperability Tests for GSM-R
Train communication systems from Kapsch CarrierCom successfully tested according to EU interoperability specifications.
June 28, 2013
Mitterlehner: Romania Offers New Chances for Austrian Economy
Austrian Economy Minister Reinhold Mitterlehner met his Romanian counterpart Varujan Vosganian in Vienna.
June 25, 2013
Zumtobel to Close Plant in Austria
Tridonic, which is part of listed light manufacturer Zumtobel Group, will close its plant in Fürstenfeld in the province of Styria. 100 employees will lose their jobs.
June 25, 2013
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US: Active Investor in Romania
US companies remained active investors in Romania last year. Particulary the IT sector, automotive industry and oil/gas sector are increasingly strengthening their local position. Foreign direct investments from the US came at more than $ 1bn.
June 24, 2013
Kapsch Technology Ensures Safety on the Mecca-Medina Railway Line with it GSM-R Solution
The Prestigious High-speed rail on the pilgrimage route between the two holy cities of the Kingdom of Saudi Arabia is being equipped with the GSM-R solution of Kapsch.
June 24, 2013
Kapsch Wins Contract for Traffic Management System in Chile
Variable Message Signs system increases traffic safety on access road to El Teniente copper mine.
June 20, 2013
Significant Trade Surplus in 2012 Reflects Austria's Competitive Strength
Despite the crisis, Austria managed to achieve a significant trade surplus in services in 2012. At the same time it was possible to eliminate Austria's foreign debt in full.
June 4, 2013
Kapsch Completes Successful Trial of EETS In Poland
Landmark moment for harmonization of European road networks.
May 27, 2013
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Siemens to Cut 1,000 Jobs in Austria?
No official figures were disclosed. However, there are “programs”, which have to be negotiated with employees, according to a spokesman.
May 24, 2013
Kapsch TrafficCom Lands Important Contract in Poland
Kapsch wins another important railway communications contract in Poland
April 29, 2013
Kapsch TrafficCom Last Bidder for Major Project in Slovenia
Austrian listed electronic toll system provider Kapsch is the only bidder for the establishing of an electronic toll system for trucks in Slovenia.
April 26, 2013
US: Kapsch TrafficCom Opens TDM Protocol
Kapsch and E-ZPass® Group paves the way for nationwide electronic tolling interoperability
April 26, 2013
NCR to Expand Business Activity in Serbia
US corporation National Cash Registers is to employ a further 300 staff members.
April 25, 2013
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Montana Tech Components: Record Results Again in 2012
The industrial group Montana Tech Components AG could once again surpass the year 2011 and completed the financial year 2012 with new record levels in sales and earnings. This course of growth is set to continue in 2013.
April 19, 2013
Poland: Appealing BPO Location
Poland has been increasing its attractivity as a location for Business Process Outsourcing (BPO). This becomes evident by the numbers of personnel.
April 15, 2013
Austria: How to Finance Future Innovations
„Austria’s Future Needs Innovation” was the title of a discussion organized by the Research Council, the Austrian Institute of Technology (AIT) and the Federation of Austrian Industries (IV).
April 9, 2013
Vienna: One of the Most Innovative Cities
According to a ranking by the Australian agency 2thinknow, Vienna is the most innovative city in Europe and scored 3rd place in the cities worldwide, succeeding Boston and New York.
March 22, 2013
Romania: Turnover of Market Services Decreased 14.1 % in January
In January 2013, the turnover of market services rendered mainly to enterprises, in nominal terms, decreased compared to the previous month.
March 14, 2013
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Slovakia: 3.4 % Increase in Industrial Production
Slovakia's industrial output grew 3.4 percent year-on-year in January, the Slovak Statistics Office (ŠÚ) informed on Monday, March 11.
March 12, 2013
Romania: Slight Increase of GDP for 2012 at 0.1 % on Y/Y Comparison
Record decrease at 24.6 % in agriculture, industrial production better off with decrease of 2.4 %. The highest increase was recorded in IT and communication, services and health/social assistance.
March 6, 2013
Kapsch and Thales Win Contract in Bulgaria
As leader of the consortium, Thales has signed a contract with the Bulgarian railway infrastructure company NRIC to provide electronic signalling and telecommunication technology for the Sofia-Plovdiv railway line.
February 7, 2013
Siemens Austria: Dividends Reach € 750m
This year, the Austrian subsidiary of the German technology group recorded a moderate profit decrease.
December 18, 2012
Major Contract for Kapsch in UK
Kapsch CarrierCom today announced that it has been awarded the contract to maintain the entire GSM-R (Global System for Mobile Communications – Railway) network on behalf of British railway infrastructure operator Network Rail.
December 18, 2012
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New Record Results for Montana Tech Components
The Switzerland-based industrial group Montana Tech Components AG (MTC-Group) recorded an increase in turnover by 10%. EBITDA was up by 33%.
November 23, 2012
Kapsch TrafficCom: Losses Ahead
The Austrian toll system developper Kapsch TrafficCom will publish its results tomorrow.
November 21, 2012
Major Order for Andritz in Laos
The Austrian technology group has received an order from CH. Karnchang (Lao) Company Ltd. to supply the electromechanical equipment for the Xayaburi run-of-river hydropower station.
October 25, 2012
Androsch: „AT&S Under Double Pressure“
In an interview with “Wirtschaftsblatt”, the major shareholder of the Austrian semiconductor producer AT&S explains that the company faces increasing costs and declining prices.
October 15, 2012
Spain: Kapsch Achieves Major Order
Austrian Kapsch CarrierCom successfully completes another project in Spain: Kapsch equipped 80 kilometers of the short-line network of the state railway operator Adif in Bilbao.
October 15, 2012
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Kapsch and Apple Expand Cooperation
Austrian Kapsch BusinessCom intensifies its cooperation with Apple. Kapsch offers solutions that will soon allow even the newest models such as the iPhone 5.
September 24, 2012
Stock Exchange Ranking: Kapsch Has First Place
No other company has managed the crisis better than the Austrian toll system company, Contrast Management Consulting says.
September 14, 2012
Kapsch Acquired Czech Data Storage
The Austrian IT company strengthens its presence in CEE with acquisition of Data Storage in the Czech Republic.
September 3, 2012
Kapsch TrafficCom IVHS Wins Project in Houston, Texas
Award signifies Kapsch’s first Incident Detection System deployment in the U.S.
August 30, 2012
Pioneers Festival 2012: Vienna is Hotspot for Innovative Companies
The place for more than 2,500 pioneers from all over the world as well as web, technology and mobile start-ups to network, present their innovations and exchange experiences.
August 29, 2012
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Contract award for tolling system in Sydney
Kapsch TrafficCom achieved a contract in Australia. The value for implementation reaches AUD 10 million (about € 8.5m)
August 28, 2012
Kapsch TrafficCom Posts Loss in the First Quarter of 2012/13
Decline in sales and negative result. Focus remains on large projects in Poland and South Africa. Net income reached € -4.4m.
August 24, 2012
Nokia Moves from Vienna to Budapest
The Finnish cell-phone company regroups and shifts its sub-headquarters for the CEE region from Austria to Hungary.
August 20, 2012
Pankl Performs Outstandingly
In the first six months of 2012, revenues were up by 25%, EBIT grew by 45%. Pankl announces an “excellent development of the Austrian aerospace subsidiary”.
August 20, 2012
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