Sponsored Content
China
Austrian Trade With China to Double
On the occasion of the state visit of the Chinese President Hu Jintao, the Austrian Minister of Economics stated to aim a deepening of the bilateral economic relations.
November 1, 2011
State Visit: Hu Jintao in Austria
The Chinese President Hu Jintao arrived in Austria. Today the official meetings with the Austrian President Heinz Fischer and the Government will take place.
October 31, 2011
Chinese Companies Looking for Investment Opportunities in Austria
China’s President Hu Jintao comes for a state visit and is accompanied by a 160-member business delegation.
October 28, 2011
R&D Expenses on the Rise
The largest Austrian Enterprises increased their budgets for research & development by 9.6% on average. This is slightly beyond the global average (9.3%).
October 24, 2011
Lenzing Expands Capacities in China
The Austrian fiber manufacturer experiences still strong growth in China. Investments will rise significantly too.
October 24, 2011
Leitl Deepens Relations to Chinese Province Jiangsu
The Austrian President of the Economic Chamber regards the Chinese province Jiangsu as an important export market and trading partner.
October 22, 2011
Victory AG Sold to China
The Austrian investor Ronny Pecik, who recently acquired a minor stake in Telekom Austria, sold his investment company to China. Raiffeisen and Hypo Group still have uncovered loans.
October 22, 2011
AT&S: Massive Investments in China
The Austrian manufacturer of conductor boards will invest € 600m for its factory in the Chinese Chongqing.
October 22, 2011
A-Tec: Kovats to be Replaced
Mirko Kovats, CEO of the Austrian A-Tec, will be replaced from his positions in order to avoid further “disturbances”.
October 22, 2011
AT&S Reports Solid Quarterly Results
The Austrian technology company achieved record sales of € 131.4m in the second quarter. A new sales office in Taiwan will be opened soon.
October 20, 2011
ATB Sold to Chinese Wolong Group
The Austrian ATB company, a former subsidiary of the insolvent A-Tec Group, goes to the Chinese engineering corporation Wolong.
October 19, 2011
Alpine Has Completed „Yellow River Diversion Projekt“ in China
The 25,386-meter Pinglu Tunnel, part of a gigantic water supply project designed to supply China’s dry regions with water from the “Yellow River,” was completed after five years of construction, reported the Austrian constriction company Alpine.
October 19, 2011
Austria´s Manufacturing Industry Maintains its Competitiveness
Austrian goods exports rose significantly since 1995. According to a study of the Austrian Central Bank (OeNB), this is mainly due to a higher degree of competitiveness.
October 17, 2011
Palfinger Aims for Growth in China
The Austrian crane manufacturer, which has recently published a capital increase, will use these funds for further investments in China.
October 15, 2011
Binder+Co Presents Promising Technology
The Austrian machine and plant manufacturer and a Chinese partner together developed a new method for production of lightweight materials.
October 13, 2011
NKE Expands in Spite of Stagnation
The Austrian engineering company invests massively and created further jobs. The entry to China should bring growth again.
October 10, 2011
ATB is Optimistic to Find a New Buyer
The subsidiary of the insolvent A-Tec corporation is looking for a new owner. Now, it is important to find a quick solution.
October 10, 2011
Penta Bids for A-Tec Again
The Czech-Slovak group is still interested in an acquisition of the insolvent Austrian conglomerate and has now submitted a new offer.
October 7, 2011
Kovats Blames Creditors and Penta
Mirko Kovats, CEO of the A-Tec group, makes the Czech investment group Penta and the banks responsible for the failed restructuring plan
October 4, 2011
Dispute Over A-Tec´s Liquidation
After the Sale of the insolvent Austrian A-Tec has failed, the subsidiaries will be sold separately. Austrian politicians warn of the loss of jobs, technology and tax revenue.
October 3, 2011
Chinese Interest for ATB
After the collapse of the takeover of A-Tec, the subsidiary has to be sold separately. The Chinese Wolong group plans to acquire the Austrian automotive company.
October 1, 2011
TGW Aims for China and Brazil
The Austrian logistics company currently realizes its biggest orders in its history. Moreover, TGW intends to expand substantially.
October 1, 2011
A-Tec to be Dissolved
The Austrian technology company, which should have been sold as a whole, could not find a buyer. The remaining assets will now be offered separately.
October 1, 2011
Tiger Coatings Continues Expansion in China
The Upper Austrian producer of industrial coatings will open a new plant in western China. Group turnover will amount to € 175m in 2011.
September 30, 2011
Red Bull Intends to Enter China
The Austrian energy drink producer has concluded the technical test phase. The market entry into China is now within splitting distance.
September 27, 2011
Andritz Acquires NSC Nonwoven, France and China
Austrian technology Group Andritz has signed a contract to acquire NSC Group’s nonwoven division encompassing its affiliates Asselin-Thibeau (Elbeuf, France) and NSC Wuxi (Wuxi, China).
September 21, 2011
AMSC Cuts Jobs in Austria
The Amercian Superconductor Corporation (AMSC) decided to cut 150 jobs at its subsidiary Windtec. In Austria, 40 positions are concerned.
September 13, 2011
Austrian Textile Industry is Optimistic
The Austrian Chamber of Commerce sees a positive development in the domestic textile industry, especially in the export sector.
September 12, 2011
Austrian Foreign Trade Rising Significantly
January to June 2011: Austrian imports rose by almost 19%, Austrian exports increased by more than 17%
September 6, 2011
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
Fast News Search
