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Electronics Industry

Electricity Price Index (ÖSPI) to Increase in June

The electricity price index for June 2011, calculated by the Austrian Energy Agency (Österreichische Energieagentur), indicates that prices of electric energy will rise.

May 25, 2011

A-Tec Restructuring Plan Confirmed

With a quota of 47%, the restructuring plan of the insolvent A-Tec was confirmed.

May 12, 2011

Bosch Group Continues Growing in Austria

Bosch has had a good start in Austria in its anniversary year 2011 and continues having favorable growth prospects. Sales rose by 9%.

May 11, 2011

Wolf Theiss Identifies Opportunities in CEE Electricity Markets

Significant legislative changes particularly in Bulgaria and Romania, two of the most dynamic markets for RES-Electricity in the CEE/SEE region, have resulted in a dramatic increase in investor and other stakeholder interest in such projects.

May 3, 2011

Greenpeace, vida and EVN: "Austria's Future in Energy is Renewable"

The switch to clean energy is possible by 2050, according to a current IHS study. It is to be achieved by halving the demand for energy.

April 30, 2011

Verbund: Development of Operating Result Positive

Verbund, Austria's biggest electricity company, presents a considerable better operating result in quarter 1/2011, but a declining Group result due to one-off effects in the previous year that do not apply in the current reporting period.

April 28, 2011

Wind Power is an Important Economic Factor in Austria

The entire wind industry, including supply and service companies, offers jobs for approximately 3,300 employees in Austria and generated sales for € 470m in 2009.

April 28, 2011

Christof Holding AG Takes over BEA Electrics from bluO

With the acquisition of 100 % of Vienna-based BEA Electrics, the Styrian Christof Holding AG, which is wholly owned by the Christof family, continues its expansion.

April 27, 2011

Windtner Pleads for expansion of Electricity Grids

The CEO of Energie AG considers that an energy revolution is about to happen in an interview with the newspaper "Kurier". The relevance of electric vehicles is expected to grow slowly but steadily.

April 26, 2011

Energy Prices for Households still on the Rise

Especially mineral oil product prices rose steadily in the first quarter of 2011. Electricity prices remained stable.

April 23, 2011

Banner on Growth Course

The Upper-Austrian manufacturer of car batteries could raise its sales up to € 225m. Investments of € 20m are planned.

April 22, 2011

Verbund Subsidiary Sorgenia Managed Turnaround

The Austrian-Italian joint venture Sorgenia reported a profit of € 6.8m for the first quarter 2011.

April 20, 2011

Electric Mobility as a Topic of the Future for Domestic Enterprises

Austria's top politicians are expecting a high potential for Austria's economic landscape on occasion of the opening of the EL-MOTION congress.

April 14, 2011

Tough Collective Bargaining in the Electrical Industry

The second round of collective bargaining in Austria's electrical industry had to be interrupted. About 50,000 workers are affected.

April 6, 2011

Renewable Energy as a Sustainable "Job Driver"

For the President of the Chamber of Agriculture (LK, Landeswirtschaftskammer Österreich), Gerhard Wlodkowski, renewable energies secure an edge on technology and high-quality jobs.

April 6, 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

Macedonia: Court procedure ELEM – EVN settled

Today ongoing judicial proceedings since 2008 between state-owned ELEM and the Austrian energy company EVN have been terminated by an in court settlement.

March 31, 2011

Isovoltaic Considers IPO in the First Half of 2011

The global market leader in the solar backsheet market considers listing on Vienna Stock Exchange as one possible option during the first half of 2011

March 25, 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

Leitl Promotes Green Electricity Amendment

The Economic Chamber President welcomes the initiative of the Minister of Economy: green electricity is promoted, reduced the backlog of planned investments.

March 24, 2011 · Updated: March 24, 2011; 01:34

No Sale of ÖBB-Power Plants

The proposal that the Austrian Federal Railways sell its assets rather than increase its capital meets with vehement rejection.

March 23, 2011

Good Prospects for Austria's Electric Industry

In its industry report, Bank Austria considers there is a sustainable recovery for the electric industry in spite of continued price pressures.

March 23, 2011

Tough Negotiations Epected in Austria's Electrical Industry

Collective agreement negotiations for about 50,000 workers in the electrical industry start today.

March 18, 2011

Manufacturing Industry Supports Reform of the Energy System

Federation of Austrian Industries: "Energy efficiency has to get back into focus, the development of hydropower is a priority for Austria"

March 17, 2011 · Updated: March 18, 2011; 01:24

Bulgaria: EVN Thermal Power Plant Almost Completed

The project of the Lower Austrian energy company EVN in Bulgaria will go into operation still this year.

March 17, 2011

Anzengruber: Austria Should Halve Energy Consumption by 2050

Verbund CEO Wolfgang Anzengruber believes that energy efficiency can be increased significantly. The energy industry needs further investments in order to achieve this.

March 17, 2011

Verbund Plans an Investment for €600m in the U.S.

A new financial and strategic direction seems to be set by the Austrian Verbund group. Electric mobility is to be promoted.

March 16, 2011

Verbund Supervisory Board Appoints Members of the Board

The Austrian energy company appoints Günther Rabensteiner as a new board member. Baumgartner-Gabitzer’s Term renewed.

March 11, 2011

Verbund: Research Alliance with Technology University

The power group intends to expand its know-how in the field of environmental technology through cooperation with the Technical University of Vienna (TU).

March 10, 2011

Verbund: Massive Decline in Results

As forecast, the Austrian energy company has presented a declining result for fiscal 2010. Operating results fell considerably.

March 3, 2011

EVN Records Rising Revenues

The Austrian energy company announced its results for the first quarter in 2010/11. EVN could benefit from rising electricity costs.

February 26, 2011

Increase in Electricity and Gas Consumption

Austrian electricity consumption rises to the level before the economic crisis. Gas consumption is also showing a new record.

February 16, 2011

Verbund Intends to Grow in Italy and France

The Austrian-Italian joint venture Sorgenia is to expand its commitment to renewable energies in Italy and France.

February 9, 2011

Energie AG Plans Capital Increase

The Upper-Austrian energy company is to raise funds in order to realize further investment projects.

February 7, 2011

Investments in Renewable Energies in the CEE are booming

According to a study by TPA Horwath, Austrian companies will expand massively their involvement in the field of renewable energies in the CEE region.

February 4, 2011

Verbund: Two Board Posts Vacant

The Austrian energy company advertises two executive board posts.

January 28, 2011

Austria's Energy Self-sufficiency until 2050

The Minister for the Environment, Nikolaus Berlakovich presents a study on the Austrian energy supply. Self-sufficiency until 2050 is feasible.

January 27, 2011

Strong Increase in Sales at AT&S

The Austrian technology group records sales amounting to € 365m in the first nine months 2010, which is a plus of 34%.

January 26, 2011

EnBW Intends to Expand Engagement in Austria

The core shareholder of the Austrian company EVN plans further expansions abroad, especially in the "Alpine countries".

January 21, 2011

austriamicrosystems Reports Increase in Revenues

austriamicrosystems reports preliminary unaudited financial information for full year and fourth quarter 2010.

January 20, 2011

Austria's wind Energy Expands

After years of stagnation, capacities for wind energy are now being expanded again. IG Windkraft considers that subsidies are too low.

January 15, 2011

Turkish Electricity Market Threatens to Collapse

The increasing energy demand in Turkey is facing a lack of infrastructure. Austrian Verbund will expand its investments.

January 13, 2011

Green Electricity Costs are Rising in Austria

Transfer pricing for the E-business rises in 2011, depending on the type of production, between 2.7 and 25.6%

January 3, 2011

Further Rise in Energy Prices for Households

Austrian energy prices in November 2010 were higher by 5.8% compared to the previous year. Only gas became cheaper.

December 27, 2010

NXP Sells Sound Solutions Business

The major electronic company NXP moves to the Styrian Gratkorn. The former Philips-subsidiary has sold its division for speakers located in Vienna, Austria.

December 26, 2010

Slight fall in profits at Wien Energie

The municipal energy supplier achieved in the last fiscal year mostly stable results. Sales remained virtually unchanged.

December 24, 2010

Changes in Board of Bewag have been Completed

The energy supplier from Burgenland gets a new board after a seven-week long call for tenders.

December 22, 2010

Verbund Starts Restructuring in France

The Austrian energy company takes full control of the Poweo production subsidiary Poweo Production S.A.S.

December 22, 2010

Inflation falls to 1.9% in November

According to calculations by Statistik Austria, the inflation rate for November 2010 was 1.9% after 2.1% in October. Price drivers are energy and housing.

December 16, 2010

EVN Reports Growing Results

The energy provider from Lower Austria could raise its EBIT by 6.9%. EBITDA grew by 11.6%. Revenues remained stable.

December 16, 2010
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