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Isovoltaic: IPO Fixed
The Austrian component supplier in the solar power industry will be listed at the Vienna Stock Exchange. The subsription period starts by Monday.
April 4, 2011
Austrian Industrial Production on the Rise
Positive production trends in industry and construction in December 2010; turnover +15.8%
April 2, 2011
BWT Back on Growth Path
Sales of the Austrian water technology company rose by 15.0% to€ 460.7m. EBIT is up by 17.4% to € 31.5m.
April 2, 2011
Southeastern Europe as a Region of Hope for Austria
Great interest of Austrian companies at the Austria Foreign Trade Forum on Export and Investment Opportunities in Southeastern Europe
April 2, 2011
Turkcell Intends to Get Into Austria
The Turkish mobile operator strives for an entry into the Austrian market.
April 1, 2011
CEO Roiss: "OMV: an international player with Austrian roots"
The new CEO of OMV plans a strategy review on three main areas: regional focus, portfolio development and future challenges.
April 1, 2011
Good Prospects for Quanmax
The Austrian distributor of IT products could increase its profit. This year, the sales target is € 100m for the first time.
April 1, 2011
Uniqa: Preliminary result 2010 more than €150m
The Management Board of the Austrian insurance group Uniqa proposes dividend of 40 cents per share. Profits were higher than expected.
April 1, 2011
Austrian Public Deficit up to 4.6%
Public Finance 2010: Public deficit at 4.6%, public debt at 72.3% of GDP
April 1, 2011
Leitl Demands Reduction of Public Debt
The President of the Austrian Economic Chamber sees potential for efficiency in the administration, as well as in the health and pension system
April 1, 2011
AWO: "Great Italian Interest in Austrian Steel Know-How"
Foreign Trade Austria (Außenwirtschaft Österreich, AWO), sees good opportunities for domestic firms in Italy's steel industry.
March 31, 2011
Falkensteiner Builds in Serbia and Slovakia
The Austrian developer of tourism projects is expanding in the CEE region. The premium segment in the hotel industry is to be strengthened.
March 31, 2011
VIG Leaves Russia
The Austrian Vienna Insurance Group accepts the offer to sell its Russian insurance participations.
March 31, 2011
Macedonia: Court procedure ELEM – EVN settled
Today ongoing judicial proceedings since 2008 between state-owned ELEM and the Austrian energy company EVN have been terminated by an in court settlement.
March 31, 2011
Presentation of Austrian Top Companies at Equity Day in Paris
The 3rd Austrian Equity Day in Paris, co-organized with Crédit Agricole Cheuvreux, will be held on Friday, 1 April 2011.
March 31, 2011
Immofinanz Announces Improvement in Results
The Austrian real estate company publishes its Q1-Q3 resuls for 2010/11. Revenues and net profits grew moderately.
March 31, 2011
AUA: Antinori will Finally Not Become CEO
Three days before his planned entry into Austrian Airlines, Antinori surprisingly announced his withdrawal from the Lufthansa Group.
March 30, 2011
OeNB: "Positive Signals from the Banking System"
The expected consolidated net income of Austrian banks rose to € 4.58bn, generated in large part on foreign markets.
March 30, 2011
C-Quadrat Achieved Strong Profit Increase
In 2010, operating income of the Austrian investment funds was up by 76%. Operating profits almost tripled.
March 30, 2011
voestalpine Increases Research Budget to a Record High
In the new business year 2011/12, which begins on April 1, 2011, the Austrian steel company set asiede more than € 120m for product and technology development.
March 30, 2011
Bene Intensifies Activities in Asia and Australia
The Austrian office furniture manufacturer expands foreign operations. International sales are now conducted by Søren Trampedach.
March 30, 2011
Strong Profit Growth at Huber
The Austrian lingerie manufacturer managed to increase its earnings by 74%. Sales increase at 3.8% was relatively moderate.
March 29, 2011
Austrian SME as New Target for Bank Austria
In total, € 13.2bn of new loans could be granted at Bank Austria in Austria in 2010 (corresponding to an increase of 19.3 percent as compared to 2009)
March 29, 2011
Strabag Awarded for Project in Frankfurt
A subsidiary of the Austrian construction group Strabag, Züblin, is building the "TaunusTurm" in Frankfurt financial district. Construction period ends in 2013.
March 29, 2011
€ 110m Project for Andritz
The Austrian technology group Andritz will supply Francis turbines and generators for the Mica hydropower plant in Canada.
March 29, 2011
Economic Growth at 3.5% in the First Months of 2011
The Austrian economy is expanding relatively strongly, driven by the robust external demand.
March 26, 2011 · Updated: March 27, 2011; 00:00
Difficult Search for a Buyer for OMV Refinery
The Austrian energy group has tried, so far unsuccessfully, to sell a refinery of its Romanian subsidiary Petrom. Now it will be closed down.
March 25, 2011 · Updated: March 26, 2011; 13:13
Brau Union with Stable Results
The Austrian brewery Brau Union has sold more beer again, while maintaining sales and profits. Innovations and a more aggressive pricing policy provided for market growth.
March 26, 2011 · Updated: March 26, 2011; 12:10
Austrian Industrial Production Still Growing
Statistics Austria: Rise in Production index in January 2011: 8.4% over January 2010
March 26, 2011
The Black Sea Region is Gaining in Significance for the Austrian Economy
Austria's sound foreign economic relations with the Black Sea region could be strengthened still further. The export structure of Austria is consistent to a large extent with the import demand of Ukraine and Turkey.
March 25, 2011 · Updated: March 25, 2011; 03:52
Record Sales for VAMED AG
The Austrian health care group was able to increase sales and EBIT by 15%. Orders on hand at over € 800m are record high.
March 25, 2011 · Updated: March 25, 2011; 03:24
Upward Trend for Austria's Machinery and Metal Products Industry
The Austrian machinery and metal products industry has recovered in 2010 from a very difficult previous year. Orders increased to € 29.6bn (+18.3%), production to € 32.7bn (+6.5%).
March 25, 2011 · Updated: March 25, 2011; 03:12
Austrian Unemployment Shrinks Further
Increase in jobs and decrease in unemployment in the fourth quarter of 2010; job market relief in 2010 compared to 2009
March 25, 2011
KTM in the Black Again
After serious losses in 2009, the Austrian motorcycle manufacturer records rising sales and operating profits again.
March 25, 2011
AT&S Expands in China
The Austrian electronics company plans to build a € 500m factory in China.
March 24, 2011 · Updated: March 24, 2011; 01:46
ÖVAG Bundles Real Estate Activities
Austrian Volksbanken-AG (ÖVAG) bundles its real estate activities in the competence center "VB Real Estate Services”.
March 24, 2011 · Updated: March 24, 2011; 01:17
The Austrian Food Industry Still Suffers from Sales Decreases
The domestic food industry is faced with declining sales for the second year in a row: 2010 registered a decrease of 4.5%.
March 24, 2011 · Updated: March 24, 2011; 01:01
Bank Austria: Operating Performance Improved, Net Profits Decline
The Austrian subsidiary of UniCredit announces net consolidated profits of € 747m (-32%). Profits before taxes are down by 14%.
March 24, 2011
Gebrüder Weiss Books Persistent Growth
The Austrian transport and logistics company closed the 2010 financial year with a provisional 17.8% increase in turnover compared to the previous year.
March 24, 2011
Trend Reversal in Austrian Winter Tourism
Current tourism winter season 2010/11: -2.1% decrease in overnights due to slump in February
March 24, 2011
No Sale of ÖBB-Power Plants
The proposal that the Austrian Federal Railways sell its assets rather than increase its capital meets with vehement rejection.
March 23, 2011
OMV: Low Production in Libya
Production of the Austrian energy group is likely to amount to only a quarter of the normal level.
March 23, 2011
Dispute between Emirates and AUA
Emirates Airlines accuses Austrian Airlines to work with unfair means against the doubling of Vienna-Dubai flights.
March 23, 2011
Austria's Export Industry Grows Strongly
Driven by external demand, the Austrian economy shows a growth of 2.7% compared with the previous year.
March 23, 2011
Eco Business Back in Black
The Austrian real estate company records a fivefold increase in Group EBIT to € 25.0 m for the first three quarters of 2010.
March 22, 2011
Austrian Producer Prices Still on the Rise
Strong rise of industrial producer prices in January 2011: +5.0% compared to January 2010.
March 22, 2011
Semperit Raises Dividends
The Austrian Semperit Group confirms the figures announced on February 17, 2011 for the 2010 financial year.
March 22, 2011
Manufacturing Industry Sharply Criticizes the Union
Employees' proposals are not very productive, the Austrian Industrial Association says. There is no shift from wages toward corporate profits.
March 22, 2011
WKÖ: No EU Interference in Tariff Negotiations
The President of the Austrian Economic Chamber expects no interference from Brussels in domestic collective agreement negotiations.
March 22, 2011
Andritz: Order from Finland
The Austrian technology company Andritz supplies a biomass boiler island for Hämeenkyrön Voima, Finland.
March 22, 2011
