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Upward Trend for Austria's Machinery and Metal Products Industry
The Austrian machinery and metal products industry has recovered in 2010 from a very difficult previous year. Orders increased to € 29.6bn (+18.3%), production to € 32.7bn (+6.5%).
March 25, 2011 · Updated: March 25, 2011; 03:12
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
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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