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Construction Industry

Moderate Price Increase in Civil Engineering

Austrian Construction cost September 2011: smaller increase in residential building than in civil engineering.

October 17, 2011

Andritz: Strong Rise in Sales Expected

At the Andritz Capital Market Days 2011, CEO Wolfgang Leitner today specified the sales and earnings targets of the Austrian technology group for 2011 and 2012.

October 5, 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

Strabag Awarded Motorway Project in Poland

Two subsidiaries of the Austrian construction group lead the consortium which signed a contract worth € 120m. The group’s share is 55%.

September 30, 2011

Strabag Realizes € 250m High-Rise Project in Berlin

The Austrian construction group will invest € 250m in a property in prime capital location. Completion of the project is expected in 2015.

September 29, 2011

Growth in Industrial and Construction Turnover Slows Down

Opposing production trends in industry and construction in June 2011; turnover +4.5%. Energy supply and metal industry are dominant factors.

September 29, 2011

Construction Output Increasing by 1.2% from January to June

Austrian output of construction in the first half of the year: construction of buildings +6.8%, civil engineering -6.6%. Volume of orders grew by 4.1%.

September 29, 2011

Siemens VAI: Major Order from South Korean Steel Industry

The Austrian Siemens VAI Metals Technologies has received the order to build a steelwork. The factory´s capacity should be 2m tons per year.

September 27, 2011

Porr Cooperates with German InterCityHotel

In the coming years, the two German and Austrian companies plan 15 new hotels in the CEE area.

September 26, 2011

New Subsidiary for Rabmer Bau in Poland

The Austrian construction group, which is spezialized in renovating canal systems, established a new company in Poland.

September 26, 2011

Production Index Up by 4.4% in July

Production index in July 2011: +4.4% compared to July 2010, -1.3% against June 2011.

September 23, 2011

Strong Growth for Bernegger

The Upper-Austrian construction company could achieve a 7.5% growth in turnover.

September 21, 2011

Andritz to Supply Hydropower Equipment to Norway´s Statkraft

The Austrian Andritz Hydro has received a major order from Çetin Enerji A.S., a subsidiary of Norway's state owned electric utility company Statkraft,

September 21, 2011

Alpine to Build Hotel in Warsaw

The Austrian construction group will be general contractor of the project in Poland. Total contract value is € 32m.

September 16, 2011

Construction Costs Continue to Increase

August brought a further rise in construction costs: +2.3% against 2010, +0.3% compared to July 2011.

September 15, 2011

New Road Construction Project in Bulgaria for Alpine

Rehabilitation of 109 km of road - Contract value: € 20 m - 24-month construction period.

September 12, 2011

Trumpf Austria: „European Quality and Asian Cost Level“

In the last business year 2010/11, Trumpf Maschinen Austria was able to report substantial growth. The Austrian subsidiary of the German company still experiences no downturn of the business cycle.

September 12, 2011

Italian Strabag subsidiary Wins € 161m contract in Tuscany

Adanti, the subsidiary of the Austrian building company will upgrade the State Road 223 between Grosseto and Siena. Adanti´s share is 65%.

September 7, 2011

Alpine Reports Drop in Earnings

Austria’s second largest construction group incurred a loss of € 3.1m in the first half of the year. Strong growth in construction output was offset by increasing material and personnel expenses.

August 31, 2011

Strabag Posts Positive Semi-Annual Earnings for the First Time

The Austrian construction company recorded outstanding results in the first half of the year. Output volume grew by 17%, EBIT improved from € -10.36m to € 16.67m.

August 31, 2011

Strong Growth in Industrial and Construction Turnover

Positive production trends in industry and construction in May 2011; total turnover up 18.7%. Automotive industry and engineering are dominant factors.

August 30, 2011

Slight Increase in Construction Output

Austrian output of construction of buildings and civil engineering increased by 1.9% in the period from January to May 2011. Volume of orders grew 7.9%.

August 30, 2011

Strabag Bores New Tunnel in Canada

The Austrian construction group won a € 200m contract for a wastewater tunnel in the Greater Toronto Area. It is a follow-up order after completion of tunneling below Niagara Falls.

August 29, 2011

Production Index: Construction Output Down 3%

Production index in June 2011: +5.5% compared to June 2010, -0.8% against May 2011.

August 24, 2011

Austrian Companies Hope for Quick Return to Libya

In view of the approaching end of the Gaddafi regime Austrian companies start preparations for an early return to the North African country.

August 22, 2011

Wienerberger Returns to Profit Zone

The Austrian brick producer recorded a net profit of € 38m in the first half of the year. Earnings growth was supported by higher volumes, better capacity utilization and higher prices.

August 17, 2011

Further Increase in Construction Cost

Construction cost continued to increase in July 2011: +2.1% against 2010, +0.1% compared to June 2011.

August 16, 2011

Strabag to Cooperate with German Engineering Company

The Austrian construction group entered into a co-operation in the field of power engineering. The agreement is expected to strengthen the group’s position in existing markets.

August 11, 2011

Construction Output Price Index Keeps Increasing

The index reached 103.2 points in the second quarter: +3.6% year-on-year, +0.5% against the first quarter.

August 10, 2011

Strabag Awarded Three Infrastructure Projects in Sweden and Finland

The Austrian construction group’s Swedish subsidiary has won the contracts for two projects in Sweden and one in Finland with a total volume of € 76m.

August 9, 2011

Green Light for Strabag’s Cooperation with Lafarge

The Austrian construction company has wrapped up the acquisition of a 30% stake in the joint venture with the French building material supplier.

August 5, 2011

Porr Wins Major Order in Germany

The Austrian construction company will build two tunnels as part of the Stuttgart 21 project. Total volume of the order is € 700m.

August 2, 2011

Austrian Industrial and Construction Turnover Up by 10.9%

Opposing production trends in industry and construction in April 2011; turnover increased by 10.9%. Energy and metal industry are dominant factors.

July 29, 2011

Construction Output Down by 3.4%

Austrian output of construction of buildings and civil engineering decreased by 3.4% from January until April 2011. Volume of orders increased by 8.1%.

July 29, 2011

Growth in Production Is Slowing Down

Production index in May 2011: +6.7% compared to May 2010, +0.3% against April 2011.

July 25, 2011

PE Firm Acquires Prefabricated House Specialist Hanlo

The Styrian provider of prefabricated houses was acquired by H.I.G. European Capital Partners. Company founder Hanno Loidl will remain active in an advisory role.

July 19, 2011

Strabag Becomes Sole Shareholder of German Möbius

The Austrian construction company further expands its position in the German hydraulic engineering sector. A majority stake in Möbius had been acquired in 2007 already.

July 14, 2011

Austrian Industrial and Construction Turnover up by 14.0%

Positive production trends in industry and construction in March 2011; turnover +14.0%. Metal industry and automotive industry are dominant factors.

July 1, 2011

Construction Output Down by 5.1%

Austrian output of construction of buildings and civil engineering decreased by 5.1% from January until March 2011. Volume of orders fell by 3.2%.

June 30, 2011

Further Growth in Production in April 2011

Production index in April 2011: +9.7% compared to April 2010, +1.3% against March 2011.

June 24, 2011

Building Project for Strabag in Sweden

The Austrian construction company is going to develop over 15,000 m² of residential and retail space. The project has a volume of SEK 600m (€ 67m) and will be completed in 2013.

June 16, 2011

Further Increase in Construction Cost in May

Construction cost index in May 2011: +0.5% compared to the previous month, +1.5% year-on-year.

June 15, 2011

Strabag: No Early Comeback in Libya

The Austrian construction company had to stop projects worth € 350m, which resulted in a decrease in business backlog by 3% to € 15.2bn.

June 10, 2011

New Motorway Order for Strabag in Romania

The Austrian construction company is going to build a motorway section between the cities of Orăştie and Sibiu. Order volume amounts to € 166m.

June 7, 2011

Alpine Issues Corporate Bond

The volume will be € 75m with the possibility of an increase. The funds will be used for general corporate purposes and an optimization of the financial structure.

May 31, 2011

Strabag Raises Outlook for 2011 and 2012 after Solid Q1

The Austrian construction company increased its output volume by 26% in the traditionally weak first three months of the year. Operating result improved marginally to € -145.38m.

May 31, 2011

Decreasing Output in Austria’s Construction Industry

Output of construction of buildings and civil engineering decreasing by 8.6% in January and February 2011. Increase in volume of orders in construction of buildings cannot compensate for decline in civil engineering at the end of February 2011.

May 30, 2011

Austrian Industrial and Construction Turnover Up by 14.7%

Opposing production trends in industry and construction in February 2011; turnover +14.7%. Automotive industry and metal industry are dominant factors.

May 30, 2011

Alpine Lands Pipeline Project in Czech Republic

The Austrian construction company is going to build 105.8 km of a new gas pipeline. The contract value is € 76.7m.

May 26, 2011

Alpine to Build Motorway in Romania

The Austrian construction company is going to build a motorway section for € 91m within a period of 22 months.

May 24, 2011
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