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Nufarm Expands its Site in Upper Austria
The Australian manufacturer of pesticides is expanding production capacity at Linz.
March 12, 2011
Griffner is Aiming at IPO for 2013
The Carinthian construction company, which specializes in ecological construction intends to acquire new capital in the coming years in order to expand.
March 12, 2011
EPIC: Acquisition of Ukrainian Telekom is arranged
The purchase of the Ukrainian Telekom company by the Viennese financial investor EPIC has been completed. The purchase price is € 946m.
March 12, 2011
WKÖ Leads Austrian Education Exporters to China
WKÖ Secretary-General Hochhauser: Hong Kong continues being the gateway to China; Austrian exports rose to over € 500m.
March 12, 2011
Case IH: Increase in Tractor Production
The American company which produces tractors in Austrian St. Valentin, plans to expand its capacity massively.
March 12, 2011
Upward Trend for Erste Group and Raiffeisen
The two Austrian players rise slightly in the ranking of the world's biggest banks. Erste Group is among the top 100.
March 12, 2011
ÖBB Restructuring: "There is no other Alternative"
Christian Kern, CEO of the Austrian Federal Railways (ÖBB) explains his plans to manage the turnaround in an interview with the magazine "Standard".
March 12, 2011
Österreichische Kontrollbank: "There are no Failures to be Feared"
Despite the unpredictable political and economic consequences of the turmoil in the Arab, OeKB Member of the Board Rudolf Scholten consideres that there will be no failures.
March 12, 2011
Atrium Reaches Turnaround
The real estate company recorded positive net earnings in 2010. Profits amounted to € 111.06m.
March 12, 2011
Rise in Austrian Exports by 21.0%
January to December 2010: imports considerably above, exports just below € 110bn.
March 12, 2011
FACC is Considering Going Public in Asia
The Austrian aircraft component manufacturer could soon be listed on the stock exchange in China.
March 11, 2011
Significant Savings Potential by the Administration
Efficiency potential in public expenditure of over € 500 million. Felderer: "Significant savings potential”.
March 11, 2011
Saubermacher Plans Expansion
The Austrian recycling company continues developing successfully. An expansion in South East Europe is being sought.
March 11, 2011
2.7% Economic Growth Due to Exports
Austria's GDP increased compared with the previous year by 2.7%, stimulated mainly by exports and material goods production.
March 11, 2011
AWO Presents Business Opportunities for Austrian Companies in China
Big opportunities in consumer goods & lifestyle, plastics and automotive industries were informed in Vienna, Linz and Graz by Außenwirtschaft Österreich (AWO, Foreign Trade Austria).
March 11, 2011
Orange: Customer Growth and More Profits
The French telecommunications company in Austria managed to increase its profits in Austria despite falling sales.
March 11, 2011
Company Pension Funds Tend to Investment Funds
Investing in investment funds is a growing trend for company pension funds (betriebliche Vorsorgekassen), increasing by 32% in 2010. The volume of corporate pension funds increased by 26%.
March 11, 2011
Verbund Supervisory Board Appoints Members of the Board
The Austrian energy company appoints Günther Rabensteiner as a new board member. Baumgartner-Gabitzer’s Term renewed.
March 11, 2011
Škoda Increases Efficiency with S&T
The Austrian software company concluded a new IT-system for the Czech car manufacturer.
March 11, 2011
Passengers Still Rising at VIA
Vienna International Airport: Plus 5.1% in passengers during February 2011
March 11, 2011
Vienna Stock Exchange: Winners & Losers (2011-03-10)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
March 11, 2011
Viennese Stock Exchange Cooperates with Serbian Stock Exchange
The Vienna Stock Exchange welcomes Belgrade Stock Exchange as a new member of the data alliance.
March 11, 2011
Schoeller-Bleckmann Records Steep Rise in Profits
Schoeller-Bleckmann Oilfield Equipment AG: Substantial profit improvement in fiscal 2010 – Dividend proposal € 1.00 after € 0.50
March 11, 2011
Ruttenstorfer: "OMV Stays in Libya '
Despite unpredictable developments, Austrian OMV stays in Libya. Neither are there any changes planned in other Arab countries.
March 10, 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
AMAG: First IPO since 2007
After more than three yeas, a new company will be listed on the Vienna Stock Exchange: the aluminum company AMAG.
March 10, 2011
Lack of Venture Capital for Austrian Companies
The Ministry of Economy considers providing funds for start-ups. The Israeli concept serves as a model.
March 10, 2011
Economic Chamber Demands Redeployment of "Manual Workers Regulation" in Favor of Research
The Austrian Economic Chamber presented a list of demands to the federal government. Critics say it is to no purpose.
March 10, 2011
Leitl Favors EU Financial Transaction Tax
The President of the Austrian Economic Chamber says: "The EU Parliamen has taken an important step towards EU financial transaction tax"
March 10, 2011
Significant Rise in Earnings for CA Immo
The Austrian real estate group benefits from the clearly improving business climate, especially regarding the investment market for real estate.
March 10, 2011
Vienna Stock Exchange: Winners & Losers (2011-03-09)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
March 10, 2011
New Plant for Agrana
The Austrian sugar and starch company builds a wheat starch plant - investment volume € 56m.
March 10, 2011
Moderate Rise in Turnover for Austrian Service Industry
Austrian service enterprises have overcome the economic crisis: Turnover increase of 3.3% in 2010, employment activities booming
March 10, 2011
Significant Rise in Car Registrations
February 2011: Considerable increases for new passenger cars in Austria: +21.2%; over one-third more diesel-driven vehicles. Registrations rose by 23.5%.
March 10, 2011
Banks: No Agreement on Salary Negotiations
No agreement has been reached either in the fourth round of collective negotiations for bank employees. The situation is worsening.
March 9, 2011
Gastronomy Rejects New Beverage Tax
Austria's restaurateurs and brewers fear an "attack on tourism and restaurant culture."
March 9, 2011
Capital Increase for Lenzing AG
Lenzing and B & C announce plans for Public Offering of Lenzing shares. € 75m are to be raised.
March 9, 2011
Borealis Invests in Linz
The Austrian-Arab plastics manufacturer builds a new plant for € 75m at the Upper Austrian location.
March 9, 2011
Immofinanz: New Tenants for Romanian Procect
The Austrian real estate group wins attractive international brands as tenants of its Romanian Maritimo Shopping Center in Constanta.
March 9, 2011
New Sharp Criticism of the Pension System
Austria's Young Industry's opinion on pensions: "politicians can no longer deny reality" There are many known weaknesses in the system.
March 9, 2011
Austria's Businesses Satisfied with Government Research Initiative
The strategy of the Federal Government regarding RTI (Research, Technology and Innovation) is an important step for the location Austria, according to the opinion of the Economic Chamber.
March 9, 2011
Lenzing AG: 2010 Figures Confirmed
The management of the Austrian Fiber Manufacturer proposes dividend of € 1.55 per share for 2010.
March 9, 2011
Vienna Stock Exchange: Winners & Losers (2011-03-08)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
March 9, 2011
Leitl: "Austria Continues as Top Investor in Bulgaria"
Bulgarian President Parvanov for economic talks at the WKÖ: Foreign trade volume between Bulgaria and Austria amounts to € 900m.
March 9, 2011
RHI: Rise in EBIT by 130%
The Austrian manufacturer of refractory products announced its preleminary results for 2010. Revenues increased by 23%. Operating result margin climbs from 6.4% to 9.1%.
March 9, 2011
Andritz: Favorable Business Development in 2010
The Austrian technology Group Andritz showed favorable business development in the 2010 business year. Sales rose by 11.1%, order intake increased by 23.4%
March 9, 2011
Austria's Construction Industry Expects Stagnation
In an interview with the newspaper "WirtschaftsBlatt", the CEO of the Porr construction company, Karl-Heinz Strauss, describes his prospects for the local construction industry.
March 8, 2011
OMV Continues Receiving Oil Deliveries from Libya
The Austrian oil and gas company is able to obtain deliveries from Libya in spite of the serious political crisis. Production is however limited.
March 8, 2011
Major Order from China for Emco
The A-Tec's subsidiary Emco has receaved an order from China for € 7m.
March 8, 2011
Austria's Public Debt Ratio Increases to over 80%
By including again non-active budget items, which are no longer allowed under EU law, debts of the Republic of Austria increase dramatically.
March 8, 2011
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