Read the latest headlines about developments in the international technology industry in Vienna and Austria
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Vienna International Technology Industry News

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

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

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

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

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

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

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

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

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

Kapsch: Major Order from Brazil

The Austrian IT company achieved the first order for delivery of on-board units from Brazil.

August 10, 2012

Kapsch TrafficCom Strengthens Presence in Mexico

The Austrian IT company acquired 33% of Mexican SIMEX.

August 1, 2012

Kapsch TrafficCom: Major Contract in U.S.

The Austrian IT company achieves a contract award in Texas for supply of first total system in North America. The contract value for implementation reaches $ 79 million (about € 64m).

July 30, 2012

Moderate Rise in Net Income at AT&S

The Ausstrian high-tech company AT&S reaffirms positive outlook for current financial year following modest first-quarter performance. Revenues were up by 14% and the EBITDA margin improved slightly.

July 24, 2012

Ams: Revenue Growth Reached 66%

ams reports second quarter and first half results. EBIT was up remarkably.

July 24, 2012

AT&S: Mixed Results Expected

Next week, the Austrian producer of semiconductors will publish its first quarter results. Analysts of Erste Group and RCB (Raiffeisen Centrobank) expect a rise in net income and revenues.

July 20, 2012

Kapsch CarrierCom Acquires Remaining Shares in Croatian TIS

With the acquisition of the remaining shares in the Croatian subsidiary Kapsch TIS d.o.o., Kapsch CarrierCom is further expanding its involvement in South-Eastern Europe.

July 18, 2012

Mixed Results for Kapsch TrafficCom

Strong growth continues, revenues up 42% in reporting period. However, earnings below previous year due to project delays. Net income is slightly down.

July 17, 2012

Kapsch TrafficCom: Rise in Revenues Ahead

Analysts expect the Austrian IT company to record a substantial increase in revenues. The earnings are different.

July 16, 2012

Kapsch: Poland Showing Excellent results

Revenue for Poland of over € 178m, investments amortized after only 18 months

July 13, 2012