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Construction Industry
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
Austrian Green Building Group Acquired Stake in Slovenian Lumar
The Austrian investment company acquired the Slovenian market leader in environmentally friendly construction.
February 7, 2012
Alpine Received Major Order from Germany
The Austrian construction company was awarded for the construction of a motorway bridge in Germany with an order value of € 32m.
February 7, 2012
Spanish FCC Sole Owner of Alpine
The Salzburg-based construction group Alpine now has the Spanish FCC as sole owner. The industrialist Dietma Aluta-Oltyan sold his 13.5% stake.
February 3, 2012
Porr Extends Capital Increase
The Austrian construction group intends to restock its planned capital increase. The minimum volume is € 30m.
February 2, 2012
Rise in Unemployment at Construction Industry Expected
Due to the worse economic forecasts, the trade union expects more unemployed persons in the construction industry.
February 1, 2012
Slow Growth in Construction Industry
Output of the Austrian construction industry rose by 1.8% in 2011. Increase in volume of orders by 11.9% in civil engineering and construction of buildings at the end of October 2011.
January 30, 2012
Asamer Returns to Libya
The Austrian manufacturer of building material aims for catching up the lost year 2011 in Libya.
January 23, 2012
Low Growth Rates Expected after 2012
In a medium-term forecast, the Austrian Institute of Economic Research (WIFO) expects only very decent economic growth rates.
January 23, 2012
Porr: Capital Increase Flows Smoothly
According to Porr´s CEO Karl Heinz Strauss, the Austrian construction group raises ist capital within the next 60 days. Operating business is performing well, Strauss says.
January 16, 2012
Inflation Reached 3.3% in 2011
Annual rate of the Consumer Price Inflation went up to +3.3 % (HICP: +3.6%) in the year 2011. Inflation in December went down slightly.
January 16, 2012
Dotter Takes Over Management of Alpine
The second-largest Austrian construction company has a new Chief Executive Officer, the 50-year-old Johannes Dotter.
January 12, 2012
Dismal Prospects for Construction Industry
According to WIFO (Austrian Institute of Economic Research), the Austrian construction industry will face stagnation in 2012.
January 9, 2012
Major Order for Strabag in Poland
The Austrian construction group strengthens its market position in Polish transportation infrastructures segment with a € 254m order.
January 9, 2012
Siemens Austria Achieves Major Order in Russia
The Austrian subsidiary of the German technology group constructs the largest pellet plant in Russia.
January 4, 2012
Worsening Economic Outlook for 2012
Economists and analysts expect a massive fall in Austrian economic growth for 2012.
January 4, 2012
Opposing Production Trends in Industry and Construction in September 2011
Total turnover went up by 9.5% year-on-year and reached € 23.0bn. Employment figures increased by 1.8%.
December 30, 2011
Construction Output Up by 1.4% from January to September
Construction of buildings increased by 7.8% while output in civil engineering declined by 6.5%. Volume of orders was up by 8.1%.
December 30, 2011
Strabag Group Expands Range of Services with Structural Timber Engineering
The German subsidiary Züblin gains access to the field of timber construction through an acquisition.
December 23, 2011
Alpine Receives Railroad Operator License
The Austrian construction company received official license from the Ministry of Transport, Innovation and Technology for freight transports today.
December 22, 2011
Belo Monte: Building Freeze Suspended
The Austrian plant construction company Andritz may expect the final order from Brazil. Andritz wants to deliver turbines and generators.
December 19, 2011
Siemens Austria: Order from Belarus
Siemens VAI Metals Technologies received a major order from the Belorussian steel producer Byelorussian Steelworks (BMZ),
December 17, 2011
Lower Increase of Construction Cost in November
Construction cost in November 2011: +1.6% against 2010, -0.2% compared to October 2011.
December 15, 2011
Siemens Austria Expands in China
Siemens Metals Techologies enlarges its production facilities in China. Investments of $ 80m are expected.
December 14, 2011
Airport Zagreb: Strabag Not Awarded
Two offers for were submitted for the enlargement of Zagreb Airport. Strabag´s offer has been rejected.
December 13, 2011
Austria Considers to Employ South Europeans
Especially the tourism and the construction industries are ready to take on high-skilled workers from Spain, Greece or Portugal.
December 8, 2011
Strabag Finishes Largest Project in Company History
The Austrian construction company finished work on the A2 motorway in Poland ahead of schedule. The project had a total volume of € 1.3bn.
December 1, 2011
Porr Issues Profit Warning
The Austrian construction company has to write down € 90m of receivables due to problems in Eastern Europe. For next year, however, management is confident to see stable development.
December 1, 2011
Positive Production Trends in Industry and Construction in August
Total turnover went up by 12.7% year-on-year and reached € 20.2bn. Employment figures increased by 1.9%.
November 30, 2011
Construction Output Increased by 1.5% from January to August
Construction of buildings was up by 6.8% while output in civil engineering declined by 6.6%. Volume of orders increased by 6.9%.
November 30, 2011
Strabag Increased Revenue and Earnings after Nine Months
Revenue of the Austrian construction group was up by 9%. EBIT stood at € 208m – 8% higher than in 2010.
November 30, 2011
Strabag Wins New Orders for Environmental Technology Division
The Austrian construction group secured new business worldwide. The total volume is € 110m.
November 29, 2011
Strabag delivers € 320m Steelworks in Russia
The Austrian construction company has finished its works in Russia. The factory will produce sheet steel in particular to manufacture pipes to be used in pipeline construction.
November 28, 2011
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