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Engineering Industry

Andritz: Order from Finland

The Austrian technology company Andritz supplies a biomass boiler island for Hämeenkyrön Voima, Finland.

March 22, 2011

Case IH: Increase in Tractor Production

The American company which produces tractors in Austrian St. Valentin, plans to expand its capacity massively.

March 12, 2011

Schoeller-Bleckmann Records Steep Rise in Profits

Schoeller-Bleckmann Oilfield Equipment AG: Substantial profit improvement in fiscal 2010 – Dividend proposal € 1.00 after € 0.50

March 11, 2011

Andritz: Favorable Business Development in 2010

The Austrian technology Group Andritz showed favorable business development in the 2010 business year. Sales rose by 11.1%, order intake increased by 23.4%

March 9, 2011

Major Order from China for Emco

The A-Tec's subsidiary Emco has receaved an order from China for € 7m.

March 8, 2011

Belo Monte: Construction Ban is Lifted

The recently imposed construction ban on the Brazilian building project was lifted in court. The dam has not to fulfill all requirements yet.

March 5, 2011

Binder+Co: Significant Rise in Sales and Profits

The Austrian engineering group Binder+Co was progressing well in 2010: sales revenues and EBIT above the level of last year, order intake up by 39%

March 3, 2011

Austrian Production Rising Substantially

Opposing production trends in industry and construction in November 2010; turnover +14.5%. Strong increase of production in metal industry.

March 2, 2011

Record Sales for Würth Austria

The German supplier group recorded strong revenue growth. However, the operating result fell short of expectations

February 22, 2011

Haidlmair Group: Major Contract from the U.S.

The medium-sized Austrian toolmaker Haidlmair has obtained a major contract from a U.S. logistics company.

February 12, 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

Rosenbauer: Settlement with German Cartel Office

Anti-trust proceedings of the Austrian Rosenbauer AG end with official notice of € 10.5m fine.

February 11, 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

Engel Expands in China

Engel, the Upper Austrian machine builder, benefits from the economy and intends to triple the capacity of the Shanghai location.

February 1, 2011

Pankl: Acquisition of US-company

The Austrian technology company Pankl Racing Systems AG increases its stake in Californian aerospace subsidiary from 75% to 100%

January 29, 2011

Rise in Earnings for Palfinger

The Austrian crane manufacturer records a 29-percent plus in revenues for 2010. For 2011, the company shows an optimistic outlook.

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

Doppelmayr Awarded Major Contract in Sochi

The Austrian Doppelmayr Group has been awarded the contract for a 3S installation (tri-cable ropeway) in the Russian Olympic location of Sochi.

January 20, 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

SBO: Increase in Profits by 79%

The Austrian Oilfield equipment manufacturer Schoeller-Bleckmann (SBO) announces increasing sales as well as profits.

January 18, 2011

Recovery is in Sight for Keba

The Austrian automation manufacturer regains its pre-crisis levels, in particular through exports to growth markets.

January 18, 2011

A-Tec Sells Subsidiary in Germany

Austrian A-Tec Industries AG has agreed to sell the German Doerries Scharmann group.

January 18, 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

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

Brain Force Reports Positive Turnaround

Brain Force Holding AG, an Austrian IT services provider, announced its business results for the 2009/10 fiscal year.

December 21, 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

ATB Group Still Records Losses

The A-Tec division ATB publishes its results for the first nine months: declining sales and losses.

December 14, 2010

Miba Increases Both Sales and Earnings

At € 313.7m, revenue of the Austrian component supplier is up 37 percent from the previous year. Number of employees of the Miba Group up by 20 percent.

December 10, 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

Doppelmayr: Slight decline in Sales but Good Result

Doppelmayr, The aerial and surface ropeway manufacturer from Vorarlberg underwent a slight drop in sales, but net income hasincrea sed significantly. Cautious optimism is being shown.

December 1, 2010

Fabasoft in the Red

The Austrian software producer experiences slightly falling sales. Operating results are negative.

December 1, 2010

A-Tec in the Red

The insolvent Vienna Stock Exchange listed company undergoes sales declines and a negative EBIT.

November 30, 2010

Strong Sales Growth in Goods Production and Construction

According to Statistik Austria, sales growth in goods production was 14.3%. Orders for the construction industry decline however.

November 30, 2010

Insolvency of AE&E

No agreement over the purchaser of the AE&E subsidiary could be reached. However, Andritz is still considered as a prospective buyer.

November 26, 2010

AE&E: Next Insolvency is Coming Up

A subsidiary of the insolvent AE&E group in Raaba is negotiating with the Styrian plant manufacturer Andritz. They have time until Friday.

November 25, 2010

Siemens Austria: New Orders from Bangkok

The Thai BTSC has placed an order at Siemens for 35 additional intermediate cars for the city rail system. Works in Bangkok start in 2012..

November 22, 2010

Pankl Announces 2009/10 Results

The Styrian Engineering Company records a slight fall in revenues. EBIT grew by 94%.

November 22, 2010

Siemens Austria Participates in Construction of Zagreb’s Main Train Station

The consortium Siemens AG Österreich and Elektrokem d.o.o from Zagreb has been awarded the contract for the delivery of a modern electronic switch system

November 18, 2010

Mechanical Engineering Returns to High of Growth

The sector experienced a decline of output capacity by 22% in 2009, revenue in the sector dropped 24% to € 14.7bn. In 2010, production will grow by 8%.

November 15, 2010

Pankl Announces Results for 2009/10

The Styrian company Pankl Racing Systems AG presented its preliminary results for the 12-Month period in fiscal year 2009/10. Revenues grew by 20.5 percent in Q4.

November 11, 2010

Frauenthal Announces Results for Third Quarter of 2010

The process of consolidation at the Frauenthal Group continued according to schedule in the third quarter: revenues increased by 17.8%.

November 11, 2010

Andritz: Favorable Development in the First Three Quarters

Technology Group ANDRITZ showed a favorable business development in the first three quarters of 2010. Sales, earnings and profitability rose substantially.

November 8, 2010

Strabag renews € 2 billion syndicated surety loan

Strabag SE has concluded the renewal of a syndicated surety loan (SynLoan) with a consortium of 17 international banks led by Deutsche Bank and Raiffeisen Bank International (RBI).

October 13, 2010

Lenzing places EUR 120 million corporate bond with mainly private investors

Lenzing AG, a world market leader in man-made cellulose fibers, placed a seven-year corporate bond with a coupon rate of 3.875 %.

September 24, 2010

A-Tec's Subsidiary AE & E: CFO Brandt Moves to Sulzer

AE & E’s CFO, Juergen Brandt, will be CFO of the Swiss industrial group Sulzer. Jürgen Boggild moves to the Board.

September 20, 2010

Parker Hannifin opens subsidiary in Upper Austria

In the future, Parker Hannifin, a U.S. industry supplier, will operate in 17 CEE countries from Austria.

September 8, 2010
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