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China

ZKW Expands Rapidly

The Austrian component supplier raises its production significantly. A new factory site in China has been opened.

September 5, 2011

Lenzing Nanjing Starts Up New Fiber Production Line

With the opening of the new line, the Austrian fiber manufacturer almost doubled its production capacity in China to 140,000 tons per year.

August 16, 2011

S&T Deeper in the Red

The IT service provider recorded higher losses in the first six months of 2011. The Austrian workforce has been reduced by one third since October.

August 10, 2011

Zhengzhou Acquires Plant in Upper Austria

The Chinese state-owned company takes over a textile machine factory in Linz from Swiss Oerlikon.

August 9, 2011

Emerging Markets Boosting FACC

The Austrian aircraft component manufacturer relies on joint ventures in order to benefit from strong growth in emerging markets.

June 20, 2011

Shopping Tourism: Asian Visitors Spending Heavily

Russia remains the top shopping nation while Asian tourists' spending is increasing significantly.

June 14, 2011

FACC: New Production Plant in China

The Austrian aircraft component manufacturer is planning the construction of a new site and considering going public soon.

May 23, 2011

Optimism at AT&S

The Management Board expects developments of the increasing prevalence of electronic systems in everyday life to deliver above-average benefits for the AT&S Group.

May 6, 2011

Austria's Current Account: Net Income 2.7% of the GDP

Austria's current account achieved a surplus of € 7.8bn or 2.7% of the GDP in 2010. The domestic economy was thereby able to prove its high competitiveness.

May 5, 2011

FACC Reports Substantial Rise in Earnings

FACC AG returned to its planned rate of growth during the past fiscal year by virtue of strong operational business developments. Revenue rose 8% to € 272 m (previous year: € 251 m).

April 30, 2011

Andritz Defends Itself against the Greens

The Austrian technology group rejects vehemently the accusation of the Greens concerning the alleged sale of nuclear technology to Pakistan.

April 6, 2011

FACC Expands Austrian Establishment

The Chinese aircraft component group accelerates the pooling of development activities at the Upper Austrian establishment.

April 5, 2011

Strong Year 2010/11 for Keba

The automation company has seen strong revenue growth in the previous year. The growth outlook is positive thanks to new markets.

April 2, 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

Lenzing: Demand is Greater than Capacity

The Upper Austrian pulp producer finds it difficult to cope with the growing demand. Further works are planned.

March 15, 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

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

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

Major Order from China for Emco

The A-Tec's subsidiary Emco has receaved an order from China for € 7m.

March 8, 2011

AT&S Expands

The Austrian technology company AT&S lays foundations for further extension of high-end PCB market leadership.

March 2, 2011

VBI: Purchase by Sberbank is Looming

The sale of the Eastern European holding company of the Austrian ÖVAG is taking shape. Even Chinese investors are interested.

February 25, 2011

Kapsch: In-sourcing from China to Austria

The Viennese Kapsch CarrierCom brings the production of GSM systems from China back to Austria.

February 19, 2011

Red Bull Intends to Double Sales

The Austrian energy drink producer plans a period of strong growth for the next eight years.

February 15, 2011

Magna Pushes its Presence in Emerging Markets

The Austrian-Canadian automotive supplier intends to expand its international presence in the BRIC countries.

February 12, 2011

A-Tec: Bad News from China

Because of a joint venture gone insolvent in China in 2008, there are unpaid claims for about € 15m against the Austrian A-Tec.

February 8, 2011

Austrian Foreign Trade Figures Rising Strongly

From January to November 2010, Austrian foreign trade grew substantially. Imports and exports increased by 15.8%

February 5, 2011

Consumption Expenditure of Foreign Tourists Grows

Russian and Chinese tourists are proving to be particularly generous consumers in Austria. Overall sales rose by 23% in 2010.

February 3, 2011

Agrana Closes Chinese Joint Venture

The Austrian Agrana and the Chinese YNA divide their joint ventures for apple juice concentrate in China.

February 2, 2011

Engel Expands in China

Engel, the Upper Austrian machine builder, benefits from the economy and intends to triple the capacity of the Shanghai location.

February 1, 2011

WKÖ Celebrates 40 years of Diplomatic Relations between Austria and China

The Austrian Economic Chamber stresses the relevance of China for Austria's foreign trade in the context of the anniversary.

January 27, 2011

Recovery is in Sight for Keba

The Austrian automation manufacturer regains its pre-crisis levels, in particular through exports to growth markets.

January 18, 2011

Austria's Trade Deficit with China Shrinks

Thanks to the rising export figures, the trade deficit in the traditionally negative balance with China is declining.

January 13, 2011

Rapid Increase in Exports to Emerging Markets

The Austrian export economy can benefit massively from the solid demand from Asian and South American emerging markets.

January 12, 2011

WIFO and IHS Foresee Economic Weakness

The two major Austrian Economic Research Institutes, WIFO and IHS, expect an economic slowdown in 2011.

January 5, 2011

Raiffeisen Foresees a Weak Decade for Europe

RLB Niederösterreich-Wien expects hardly any economic growth, particularly in the euro countries. Austria is however relatively well positioned.

December 28, 2010

Austria's Export Economy is Booming

Given the high growth rates in the past year, the Austrian export economy shows itself also optimistic for 2011.

December 22, 2010

Order for Over € 100m for Voestalpine

The Austrian steel company receives an order for over € 100m by Daimler Trucks.

December 20, 2010

Austrian Economic Chamber focuses Growth Market China

Minister of Economy Mitterlehner presented together with the President of the Economic Camber, Leitl, strategies for the export market China.

December 17, 2010

Lenzing Expands Fiber Production Capacity

The Lenzing Group, an Austrian actor in man-made cellulose fibers, sets the course for the future expansion of its fiber production capacity.

December 13, 2010

Strong Growth in Foreign Trade

In the first nine months, Austria imported goods for € 82.45bn (+14.8%). Exports increased by 5.8% to € 79.69bn.

December 8, 2010

Voestalpine: Doubling of Sales in Five Years

By 2015, the Chairman of the Board of the Austrian steel group, Wolfgang Eder, intends to achieve sales over € 15b billion through expansions.

December 6, 2010

Carinthia Strengthens Relations with China

The Carinthian Economic Chamber President, Franz Pacher, has signed a bilateral trade agreement with the Beijing Economic Chamber.

November 29, 2010

WKÖ: China Overtakes the U.S. as the Most Important Overseas Austrian Trade Partner

The volume of foreign trade (exports and imports) with China in the second third of the year was 5.6 billion euro compared to 5.1 billion euro with the U.S.

November 16, 2010

Zumtobel Opened Light Center in Shanghai

More than 120 architects, designers and business partners enjoyed the Zumtobel opening gala for the new Light Center in Shanghai.

October 7, 2010

AVL Opens Battery-Testing Lab in Shanghai

With the opening of its battery laboratory at AVL Shanghai Tech Center in China, the company has taken a further visible step on the path toward powertrain electrification in the area of battery development.

October 6, 2010

FACC Grows and Hires

The aircraft supplier FACC, since recently Chinese property, plans to grow further this year. In order to do this, the company needs 150 new employees.

October 1, 2010

Plansee expands into India and China

Despite the decline in sales, the Tyrolean company Plansee expands into Asia.

September 13, 2010

Riedel opens office in Shanghai

Georg Riedel, head of family-owned glass maker Riedel, has announced plans to put more focus on the firm’s investment in China.

September 6, 2010

Voestalpine back in black

The Austrian steel company Voestalpine has benefited from strong economic recovery in the first quarter of 2010/11 and has by far exceeded earnings expectations of analysts.

August 20, 2010

AT&S to shift gears

The expansion in China and India as a driver for the circuit board manufacturer.

July 22, 2010
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