Page 6/11

Construction Industry

Slow Growth in First Quarter

In the first three months of 2012, the Austrian economy grew by 0.3% against the prior quarter. The outlook is very cautious.

June 9, 2012

B&C Industrieholding to Sell Major Stake in Porr

The Bank Austria-owned B&C Industrieholding is said to sell ist 37% stake in the Austrian construction group. CEO Karl-Heinz Strauss may be a potential buyer.

June 5, 2012

Employment Benefits from High Growth Dynamics

The encouraging growth trends provided a very welcome boost to employment in the Austrian federal provinces. The construction industry stabilises.

June 5, 2012

Alpine: Major Contract in Norway

The Austrian construction company gained another contract in Norway. The contract value amounts to € 170m.

May 31, 2012

Strabag´s Loss Widened in First Quarter

The Austrian construction company announces a new record high for order backlog of € 15.7bn. The outlook for 2012 was confirmed.

May 31, 2012

Positive Trend in Austrian Industrial and Construction Sector

In February 2012; turnover in the industrial and construction sector was up by 11.8%. Construction output grew by 10.4%.

May 30, 2012

Alpine Lands Another Railway Project in Romania

Alpine, the Austrian construction company, landed another major contract for a railroad project in Romania. The project volume is € 218m.

May 25, 2012

Austrian Enterprises Participate in Reconstruction in Libya

AWO Austria initiated a market sounding journey to Tripoli. “Enterprises must be at the face before the rush begins.”

May 22, 2012

Austrian Demand for New Buildings Declines

Due to the weaker economic growth and the austerity policies, demand for new buildings is decreasing.

May 12, 2012

Croatian Subsidiary of Alpine Said to be Insolvent

Osijek Koteks, the Croatian subsidiary of the Austrian construction group faces severe problems. According to rumors, Osijek Kotekts is illiquid.

May 8, 2012

Alpine Launches New Corporate Strategy

The Austrian construction company underlines its commitment to the energy sector. Profitability should be enhanced, CEO Dotter emphasized.

May 7, 2012

Haselsteiner to Leave Strabag Earlier

Hans-Peter Haselsteiner is mandated as CEO of Austria´s largest construction company until 2015. Nevertheless, he will leave the management board earlier.

May 4, 2012

Strabag Issues € 100m Corporate Bond

Proceeds will be used for general business purposes and the further improvement of the financing structure of the Austrian construction company.

May 3, 2012

Austrian Industrial Sector Expands

Positive production trends in industry and construction in January 2012: turnover was up by 11.1%. Construction output grew by 17.9%.

May 2, 2012

Porr Urgently Needs New Capital

The Austrian construction company wants to strengthen its equity base, which shrank to 15%. In 2010, the quota stood at 22%.

May 1, 2012

Drastic Losses at Porr

The third-largest Austrian construction company had to write off projects in Hungary and Romania. Net losses totaled € 72m.

April 30, 2012

Lower Net Income at Alpine

The Austrian construction company achieved profits of € 10m last year after € 17m in 2010. Revenues went up moderately.

April 30, 2012

Strabag: Haselsteiner Underlines Importance of Russia

In 2007, the Austrian construction company announced to establish its third core market in Russia. However, Strabag is still far from that.

April 28, 2012

Strabag Posts Strong Rise in Profits

The Vienna-listed construction company recorded a 12% increase in net income. The output volume rose by 12%. In 2012, an output volume of € 14.3bn is expected, EBIT guidance is very ambitious, Strabag says.

April 27, 2012

Strabag Builds Waste Incineration Plant in Slovenia

The Austrian construction group was awarded to build an incineration plant near Ljubljana. The order volume is about € 112m.

April 21, 2012

Alpine: Best Bidder in Slovakia

The Austrian construction company has good prospects to receive a major contract in Slovakia. The contract volume is € 126.3m.

April 18, 2012

Austrian Inflation Slightly Down

In March, a decrease of the Consumer Price Inflation to 2.4% was observed.

April 17, 2012

Romania´s Authorites Check Alpine and Strabag

The two Austrian construction companies are suspected to have participated in three price arrangements. The order volume is € 190m.

April 14, 2012

Alpine Shortlisted for Crossrail Fit-Out in UK

Austrian construction firms team up to make the shortlist for fit-out work on 52km of Crossrail tunnels. Worth GBP 400m this represents one the largest contracts on the new east-west rail link across London.

April 12, 2012

Strabag to Expand in Danube Region

In order to develop the Danube region of Hungary, Serbia, Romania, Bulgaria and Ukraine, the Austrian construction group expands its hydraulic engineering business.

April 12, 2012

Alpine to Rebuild Railway in Macedonia

The € 7m contract to be fully financed by the European Bank for Reconstruction and Development.

April 11, 2012

Strabag Germany Cancels Profit Warning

In November, the German subsidiary of the Austrian construction company published a profit warning. Now, the initial expectations were recovered.

April 6, 2012

Austrian Industrial Sector Faces Uncertainties

The Austrian industries expect a stagnation of business. Economic growth is low, export growth will be decent. Moreover, the order stock is declining.

April 4, 2012

Construction Industry: Small Rise in Output, Good Prospects

The Austrian construction industry recorded an increase in volume of orders by 10.2% at the end of December 2011. Output of construction of buildings and civil engineering rose by 2.9% from January to December 2011.

March 30, 2012

FCC to Appoint Benita Ferrero-Waldner as Alpine´s Chairwoman

Austria´s former Minister of Foreign Affairs heads the supervisory board of Alpine. The appointment will take place at the next Supervisory Board meeting of Alpine, FCC's Central and Eastern European subsidiary.

March 29, 2012

Major Order at Strabag´s German Subsidiary

Ed. Züblin, a subsidiary of the Austrian construction group Strabag, was awarded to build new universites in Hamm and Lippstadt. The contraction volume amounts to € 100m.

March 29, 2012

Alpine to Build Railroad Tunnel for Stuttgart 21

The Austrian construction company is involved in the German Railroad’s large-scale Stuttgart 21 project.

March 26, 2012

Strabag Expands in Switzerland

The Swiss subsidiary of Austrian Strabag enters into strategic partnership with BH-Holding AG in Zurich and Zug.

March 22, 2012

Strabag Extends Viennese Underground

Extension of underground line U1 in Vienna: The Austrian construction group receives contract for two construction lots. The order value reaches about € 90m.

March 21, 2012

Denmark: Alpine Participates in Major Tender

New Railway Line in Copenhagen: Invitation to tender for Austrian company Alpine Bau GmbH.

March 20, 2012

Strabag SE places € 140m Bonded Loan

The Austrian construction company strengthens the diversification of financing structure. Strabag issues two fixed-interest and two variable tranches with terms to maturity of 5 and 7 years.

March 20, 2012

Serbia: Promising Market for Austrian Construction Industry

The Western Balkan state Serbia invests massively in the modernization of its infrastructure. This year, the civil engineering sector will grow by 20%.

March 19, 2012

Haselsteiner Buys 15% Stake in Conwert

Hans-Peter Haselsteiner, CEO of the Austrian construction company Strabag, buys a 15% stake in the Austrian real estate supplier Conwert. The seller is the London-based Petrus Advisers LLP.

March 14, 2012

Alpine to Build Beltway in Romania

Beltway to solve Brasov's traffic problems. The Austrian construction company prevails over six competitors in Romania.

March 13, 2012

Andritz: Controversial Projects in Brazil and Turkey Are Going According to Plans

The Austrian machine manufacturer Andritz participates in the construction of two major hydro power plants in Turkey and Brazil.

March 2, 2012

Siemens Austria Got Major Order from India

The Indian National Mineral Corporation orders a sintering plant at Siemens VAI. The order volume totals € 120m.

March 1, 2012

Rise in Austrian Unemployment Rate

At the end of February, 380,000 persons were unemployed. This is a rise of 5.2%. At the EU level, Austria´s unemployment rate is still the lowest.

March 1, 2012

Positive Production Trends in Industry and Construction

In November 2011; turnover was up by+8.2%. Orders in the construction industry rose by 11.8%. Construction output went up moderately.

February 29, 2012

Andritz Supplies Equipment for Hydro Power Plant in Peru

Luz del Sur, one of the largest electric utility companies in Peru, has awarded Andritz Hydro a contract to supply the electromechanical equipment for the Santa Teresa hydropower station.

February 23, 2012

Turkey as Target for Austrian Construction Industry

As Turkey wants to modernize its infrastructure, Turkey is seen as growth market. Strabag intends to participate in future projects.

February 22, 2012

Strabag Awarded for Major Order in Italy

The Austrian construction group will build a highway near Milan, Italy. The order volume totals € 1.7bn.

February 18, 2012

Strabag Exceeds Forecasts

The Austrian construction company recorded a construction volume of € 14.3bn in 2011. For 2012, stable results are expected.

February 18, 2012

Porr Takes over German TKDZ

The Austrian construction group takes over Trierer Kalk-, Dolomit- und Zementwerke (TKDZ) in Wellen.

February 17, 2012

Major Orders for Siemens Austria From Mexico and Thailand

The Mexican steel producer Tyasa ordered the construction of a completed steelworks. In Thailand, Siemens Austria builds a roller plant.

February 11, 2012

Strabag Awarded in Tanzania

The Austrian construction company is building a bus rapid transit system in Tanzania for € 134m.

February 10, 2012