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Construction Industry
Sales Declining at Strabag
The Austrian construction company recorded an output volume at € 12.8bn in 2010. Order backlog up 6%
February 22, 2011
Knill Group Builds Factory in Russia for € 50m
The Austrian construction group records an order over € 50m for the establishment of the first optical fiber plant in Russia.
February 20, 2011
Baumit Group: Steady Sales
The sales situation of the Austrian construction group shows hardly any changes: sales for € 790m were recorded in 2010.
February 19, 2011
Strong Growth for bauMax
The do-it-yourself group increased its sales in Austria and Eastern Europe in 2010.
February 18, 2011
AE&E Quota only 5%
The largest division of the insolvent Austrian technology group A-Tec is likely to offer only very little to its creditors.
February 17, 2011
Porr Enters Alliance in Slovenia
The Austrian construction company establishes a joint venture with SCT, the dominant construction company in Slovenia.
February 17, 2011
Economic Growth Decreased Slightly in the 4th Quarter of 2010
The rise of Austria's economic performance in the 4th quarter 2010 was 0.6% in real terms compared with the previous quarter. This figure does not exactly strengthen the momentum of the economy.
February 16, 2011
Construction Costs Further on the Rise
The Austrian construction cost index with new base year 2010 increases by 3.7% in January 2011.
February 16, 2011
Andritz Expands into Brazil and Uruguay
The Austrian technology group to supply major equipment for Belo Monte hydropower plant. Furthermore, Andritz is in negotiations with Montes del Plata.
February 15, 2011
Andritz: Order for Belo Monte is Firm
The French consortium Alstom, together with the German Voith and the Austrian Andritz, jointly supply the Brazilian Hydroelectric Project.
February 11, 2011
Austrian Constructing Price Index Rising
Construction output price index for building construction and civil engineering increased by 3.9%.
February 11, 2011
Potential for Austrian Construction Industry in Poland
Market experts predict a sharp increase in construction activity: a market growth of up to 12% is expected for the next two years.
February 10, 2011
Strabag: Poland as a Replacement for Russia?
Sales of the Austrian construction company in Russia are slow in coming. Instead, other growth regions could be pushed.
February 9, 2011
Spanish FCC reaches for Alpine
The Spanish construction group FCC already has a share of 80% of the Austrian Alpine. The remaining 20% is to be also purchased now.
February 4, 2011
Four Major Orders for Andritz
The Austrian Andritz Hydro receives international orders to equip four hydropower plants. The contract value is € 80m.
February 4, 2011
Siemens Austria Receives an Order for Poland
The Austrian subsidiary of the German technology group will supply 35 trains worth € 272m of the new Metro-generation "Inspiro" to Poland.
February 3, 2011
Rising Sales at Internorm
The Upper Austrian window manufacturer increased its sales by 2% in 2010. Despite domestic sales falling, exports are growing all the better.
February 3, 2011
Strabag SE Awarded two Road Construction Contracts in Romania
The Austrian construction company rehabilitates and upgrades national roads DN14 and DN15A. Combined value of both contracts around € 106m.
February 2, 2011
Rieder Wins Major Contract in Saudi Arabia
The Austrian Company Rieder will supply roofing and facade elements for the world's largest energy research centre in Saudi Arabia
February 2, 2011
Decreasing Output and Order Intake in Austrian Construction Industry
Output of construction of buildings and civil engineering decreasing by 4.1% from January to October 2010.
February 1, 2011
Austrian Production Output up by 7.0%
Positive production trends in industry and construction in October 2010; turnover +7.0%.
February 1, 2011
Strabag: Russia as Growth Driver
For Hans Peter Haselsteiner, CEO of Austria's largest construction group, Poland and Russia offer the best prospects for expansion
January 28, 2011
Andritz: Order in Portugal
The Austrian industrial plant manufacturer based in Graz reports an order for € 40m from the Portuguese power company EDP.
January 26, 2011
Austrian Production Rising Steeply
The Austrian Production index in November 2010: +6.5% over November 2009
January 25, 2011
Andritz Receives Major order from Brazil
The Austrian technology group supplies equipment for a pulp mill in Eldorado, Brazil.
January 22, 2011
Major Order for Andritz from Malaysia
The Austrian technology company Andritz receives a major order for new stainless steel plant in Malaysia.
January 19, 2011
Austrian Construction Costs up by 3.2% in 2010
Construction cost index 2010: increase of all three construction branches in annual comparison.
January 18, 2011
Alpine Wins Contract in London
The Austrian Alpine Group wins a contract for two Central London station tunnels on the Crossrail project. The contract value is £ 235m (€ 279m)
January 16, 2011
Poland is a Big Opportunity for Austria's Export Economy
The Austrian Economic Chamber sees tremendous opportunities for the local export industry. The construction industry could particularly benefit from the boom in Poland.
January 15, 2011
Slow upward trend in Austria's trade and handicrafts
For 2010, KMU-Forschung Austria expects slight sales increases. Support for research projects will be supported in future.
January 13, 2011
Black Economy is still Difficult to Control in Austria
About 14% of the economic product evades the Treasury in the Austrian economy, but experts say the trend is declining again.
January 5, 2011
Sales Drops in Austrian Construction Industry
The construction output value in building construction and engineering decreased by 3.5% from January to September 2010. The order situation is also deteriorating.
December 31, 2010
Austria's Material Goods Production Increases Massively
The production trend in the manufacturing and construction industry shows a positive effect in September 2010. Sales increased by 10.3%.
December 31, 2010
Illegal Employment Grows
One of four Austrian firms employs illegal workers from abroad.
December 29, 2010
Porr: Turkish stake might increase
The Turkish Renaissance Group currently holds a 10% stake in Austria's third-largest construction group. This share could be increased significantly.
December 23, 2010
Success For Siemens Austria in Norway
The Austrian Subsidiary of the German technology group received orders of 32 ecological threepart subway-trains for the Norwegian capital Oslo.
December 22, 2010
A-Tec Has to Divest Itself of Holdings
In the course of restructuring, several holdings of the insolvent conglomerate are sold in order to achieve an appropriate quota.
December 20, 2010
Porr takes over TEERAG-ASDAG and starts reorganization
The Porr Group presents a new corporate structure. Focus is put on domestic civil engineering and road construction with TEERAG-ASDAG.
December 20, 2010
Statistik Austria: Construction Costs Continue to Rise
Costs increase for residential and housing development construction; the index of bridge and road construction has declined however.
December 15, 2010
New Logistics Center for Gebrüder Weiss in Romania
The logistics company Gebrüder Weiss has entrusted the construction of a logistics center in Sibiu to the Unger Steel Group as general contractor again.
December 14, 2010
Doubts Over Kovats’s Restructuring Plan
The value of AE&E Group is dubious. Kovats could have problems with the quota.
December 10, 2010
Strabag: Haselsteiner Confirmed as CEO
Hans Peter Haselsteiner has been reappointed, Siegfried Wanker acts as new technical board member in Special Divisions & Concessions segment.
December 9, 2010
Andritz: Major Order from Taiwan
Andritz receives major order for annealing and pickling line for stainless steel strip in Taiwan.
December 9, 2010
Strabag Hopes for Projects in Russia
Russia will hold the 2018 World Cup, expected to be the most expensive of all times. Numerous construction projects will be awarded.
December 8, 2010
Kovats Remains CEO of A-Tec for the Time Being
Despite the resignation offer to the creditors Mirko Kovats, majority owner and founder of bankrupt A-Tec, stays on as CEO.
December 6, 2010
Andritz Criticized Because of Belo Monte Hydroelectric Power Plant
After being sharply criticized by church organizations because of a construction project in Brazil, the plant manufacturer now turns to the public.
December 6, 2010
Trade Between Russia and Austria is Booming
The volume of trade between Austria and Russia has increased by 30%. Innovation and modernization are core issues for both countries.
December 6, 2010
Andritz Purchases and Restructures AE&E Austria
The Styrian plant builder buys the A-Tec subsidiary for rumored € 10 million. Restructuring plan is to be financed by Andritz.
December 3, 2010
Stuttgart21: Strabag and Porr Hope for Major Project
The two Austrain building companies, Strabag and Porr, are struggeling for the disputed major infrastructure project in Germany, Stuttgart 21.
December 2, 2010
Strabag Receives Major Project in Poland
Construction of new railway and bus station of Katowice operated by the Austrian building company Strabag.
December 2, 2010