Sponsored Content
Latest News
Good Prospects for BDI
The manufacturer of biodiesel could realize rising profits in Q1/2011. However, sales were declining.
May 12, 2011
Vienna Airport: Plus 23.6% in Passengers During April 2011
Strong growth due to effects of the volcanic ash cloud in past year.
May 12, 2011
Strong Sales Growth for RHI
Revenues of the RHI Group amounted to € 413.8 m in the first quarter of 2011, up 20.9% on the reference quarter of 2010. In the Steel Division revenues grew by 20.1%, in the Industrial Division by 23.3%.
May 12, 2011
A-Tec Restructuring Plan Confirmed
With a quota of 47%, the restructuring plan of the insolvent A-Tec was confirmed.
May 12, 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
Waste Collection is Growing in Austria
The recycling industry can look forward to higher amounts of waste collection. The amount of packages capable of being recycles has risen by 1.3%.
May 12, 2011
German IVG is also Active in Austria Now
IVG Immobilien AG (IVG), the largest German real estate fund company, acquired the Austrian Hypo Real Invest in January 2011, changing its name to IVG Austria AG, with headquarters in Vienna.
May 12, 2011
Falkensteiner Michaeler Tourism Group on Growth Course
With the four-part investment strategy in Central and Southeastern Europe, the Falkensteiner Michaeler Tourism Group AG (FMTG) is on the path to success.
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
Immofinanz Closes Acquisition in Moscow
The Austrian real estate group takes over 100% of the GoodZone.
May 11, 2011
Inspections at German Subsidiary of voestalpine AG
Inspections by German Federal Cartel office at voestalpine Klöckner Bahntechnik GmbH.
May 11, 2011
Nearly all Federal Provinces have Overcome the Economic Slump
Strong demand from abroad will keep industry humming along. According to Bank Austria, Upper Austria and Vorarlberg have the brightest prospects for growth.
May 11, 2011
Strong Results for Lenzing AG
The Austrian fiber manufacturer could record the best quarterly results in the company´s history. EBIT rose by 83.6% compared to Q1/2010.
May 11, 2011
Highly Satisfying Results for Polytec
The Austrian component supplier could definitively leave the crisis behind. EBITDA rose more than four-fold.
May 11, 2011
Surprisingly High Losses for Telekom Austria
After profits of € 91.2m in the first quarter of 2010, Telekom Austria suffered losses of € 79.2m in Q1/2011. This is mainly due to a social restructuring plan.
May 11, 2011
OMV: Mixed Results in First Quarter 2011
“Strong oil price compensates impact of political instability”, the company states. Net Income declines, cashflows grow by 9%.
May 11, 2011
Zagreb Airport: Austrian construction companies hope for an addition
Austrian construction companies Strabag and Alpine fight for the award of an additional contract in a € 200m project.
May 11, 2011
Intercell: Sale Is No Longer Ruled Out
The new CEO of the Austrian pharmaceutical company, Thomas Lingelbach intends to implement a new strategy for the company. A sale is possible.
May 11, 2011
WIFI International: Partnership with TOBB University of Ankara
The Austrian (WKÖ) and the Turkish (TOBB) Economic Chambers have signed a Letter of Intent for an educational partnership with WIFI.
May 11, 2011
Siemens Manufactures Parts for a New Train Generation in Graz
Siemens manufactures components for 130 new trains for the Deutsche Bahn (DB-German Railways) until 2030 in Graz. The contract is worth € 6.0bn.
May 11, 2011
Moderate Increase in Austrian Construction Prices
Construction output price index (new base year 2010) increases in the first quarter of 2011 by 4.2%.
May 11, 2011
Bosch Group Continues Growing in Austria
Bosch has had a good start in Austria in its anniversary year 2011 and continues having favorable growth prospects. Sales rose by 9%.
May 11, 2011
Radovan Jelasity appointed CEO of Erste Bank Hungary
Radovan Jelasity (43) will join Erste Bank Hungary as of 1 June 2011. Subsequent to the approval of the respective Hungarian authorities, he will be appointed Chief Executive Officer (CEO).
May 10, 2011
UniCredit Leasing Still Number 1 in Austria's Leasing Market
With an increase of 43 per cent in the new business volume to €763m and a market share of 13.3 per cent, UniCredit is the clear market leader in Austria in 2010 again
May 10, 2011
Still Rise in New Car Registrations
Registrations of new motor vehicles in April 2011: +2.4%; passenger cars: +5.0%, lorries: -0.1%
May 10, 2011
"Need for Improvement" in Austria's Capital Market
According to a study by Ernst &Young;, the domestic capital market shows deficits particularly in the areas of investor protection, the depth of the capital markets and corporate governance.
May 10, 2011
Palfinger: Rise in Revenues by 48% in Q1/2011
Huge plus in revenue and earnings recorded in the first quarter of 2011. The Austrian crane manufacturer expects further growth for 2011.
May 10, 2011
Semperit Announces Earnings and Sales Growth
Revenue increase of +27% to € 194 m - rising costs of materials increased pressure on margins - Earnings after tax up +20% to € 11 m
May 10, 2011
Resistance to Privatization Plans
The SPÖ criticized the plans of its coalition partner ÖVP to reduce public participation in order to abate debt.
May 10, 2011
Wienerberger: Improvements, But Still Losses
Group revenues: up by 41% to € 395.1 m. Operating Profits could increase significantly. Net Losses amount to € 45.1m.
May 10, 2011
Vienna Stock Exchange: Winners and Losers (2011-05-10)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
May 10, 2011
Austria's Energy Industry Considers the U.S. as a Promising Market
The U.S. market offers opportunities for Austrian technology in solar systems, pellet stoves, biogas, biomass and software to control wind turbines
May 10, 2011
Strong Upswing in Austria
Indicators point to a strong and dynamic economic recovery. Surveys of local companies in the manufacturing sector reflect great optimism concerning the course their business is taking.
May 10, 2011
RBI Joint Bookrunner for € 1.75bn Bond
The bond, which is issued by Banca Monte dei Paschi di Siena, is the second largest EUR-denominated senior unsecured issue by an Italian bank in 2011
May 10, 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
Raiffeisen International Bank Intends to Get Further Involved in Poland
After the purchase of the Polbank in February, the Austrian RBI seems to be interested now in the Polish DZ Bank. Its chances are however considered to be low.
May 10, 2011
bwin.party Reports Slight Increase in Revenues
Total net revenue up 2% to €217.8m (2010: €213.9m); average daily revenue up 4% versus the previous quarter with growth in sports betting and casino & other games offset by weakness in poker.
May 9, 2011
Atrium Strengthens Polish Portfolio
Atrium European Real Estate announces that it has completed the acquisition of the Promenada Shopping Centre (“Promenada”) in Warsaw, Poland for €171 m from Carpathian PLC.
May 9, 2011
Vienna Stock Exchange: Winners and Losers (2011-05-09)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
May 9, 2011
Profit Decline for C-Quadrat
Strong increase in management fees from € 7.6 m to € 11.5 m (+52 %). Net profit amounts to € 1.0 m.
May 9, 2011
Kraft Foods Austria Reports Rising Sales
The U.S. food company could rise its sales figures by 4.8% in Austria. However, costs are increasing substantially.
May 9, 2011
Strong Rise in Foreign Trade Figures
January to February 2011: Austrian imports increased by 26%, exports rose by 24%.
May 9, 2011
Contradictions Regarding Expenditure for Bank Package
According to Eurostat, € 1.4bn more were spent on bank assistance than the corresponding revenues. The Ministry of Finance contradicts this.
May 7, 2011
Telekom Austria: Serbian Deal Failed
The new offer by Telekom Austria is rejected in Serbia: the sale has failed.
May 7, 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
Austria's Export Are Heading for Another Record Year
Exports grew by 24% to € 18bn in the first two months of 2011, continuing to be a crucial pillar of the Austrian economy.
May 7, 2011
Workers Continue Feeling the Crisis
The Austrian Working Climate Index increased only slightly from 107 to 108 points during the last half-year. According to the Labor Chamber, the crisis has not been mastered yet, particularly for workers.
May 7, 2011
Optimism in Chemical Industry for 2011
2010 represented a comeback for the chemical industry. A production value increase of 16% to € 14.2bn was reached, and exports grew by 16.7%.
May 7, 2011
Significant Rise in Wholesale Prices
Austrian Wholesale price index in April 2011: +9.5% against April 2010. Main Drivers are Cereals, Fuel and Fertilizer.
May 6, 2011
Nabucco Announces Further Delay of Pipeline Project
Nabucco Gas Pipeline International GmbH today announces a revised timeline for the Nabucco pipeline project., which is due to a lack in suppliers.
May 6, 2011
Fast News Search
