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Expansion
Telekom Austrian Interested in Bulgarian Vivacom
The second-largest Bulgarian telecommunication enterprise is for sale. Telekom Austria has good prospects to become the buyer.
January 16, 2012
Binder Creates New Technology Company
Binder+Co AG has started the 2012 financial year with the foundation of a new subsidiary in the shape of Bublon GmbH. Binder+Co Group now consists of a total of four companies.
January 16, 2012
Treichl Does Not Expect Hungarian National Insolvency
In spite of a large exposure in Hungary, Andreas Treichl, Erste Group´s CEO is optimistic. By 2014, Erste Group Hungary should be profitable again.
January 14, 2012
Zotter Sounds Chinese Market
The Austrian chocolatier Josef Zotter wants to offer his products to Chinese customers. A market entry is considered.
January 11, 2012
VIG Has „No Problems in Hungary“
“We are an insurance group and not a bank.”, said the management of Vienna Insurance Group. Nevertheless, the developments are observed thoroughly.
January 11, 2012
Wettpunkt Invests in Croatia
The Austrian betting company expands its operations in Croatia. Investments of € 10m were announced.
January 4, 2012
Pollmann China Doubles Production Area
The Austrian automotive supplier company expands its activities in China.
January 2, 2012
Emco With Growth Plans
The new owner of the former A-Tec subsidiary, now can begin to realize its expansion plans.
December 27, 2011
Growth Potential for Semperit
The Austrian synthetic product manufacturer already recognizes the weakening of the business cycle. However, investments will not be reduced. The BRIC countries are seen as future markets.
December 27, 2011
Gebrüder Weiss Builds New Branch in Czech Republic
In Jeneč, near Prague, the Austrian logistics supplier builds a new terminal with an office complex and cross-docking facilities. Investments amount to € 15m.
December 17, 2011
Vienna International Considers IPO
The Austrian hotel operator aims to be quoted at Vienna Stock Exchange in the medium run. Further growth is planned.
December 12, 2011
Manner Expands Production
The Viennese confectionary company invests massively in its production facilities. The main factory will be enlarged.
December 7, 2011
Kapsch Group Expands in Romania
With the opening of a new, larger branch office, the Austrian toll collecting system supplier Kapsch Group is providing a signal for expansion in Romania.
December 7, 2011
Uniqa Group Strengthens Market Position in SEE Region
The Austrian insurance company expands its market leadership in Albania and is ranked on number two in Kosovo.
November 21, 2011
Immofinanz Refinances Shopping Mall in Moscow
ZAO Raiffeisenbank provides a major loan for the Austrian real estate group in order to expand operations in Russia.
November 14, 2011
Starbucks to Expand in Austria
The U.S. company plans to strengthen ist market presence in Austria. In 2011, a double-digit sales growth is expected.
November 7, 2011
Agrana to Expand into South Africa
The Austrian fruit and starch company consolidates its presence in South Africa and starts production of fruit preparations in Johannesburg.
November 7, 2011
China Entry: Palfinger Under Pressure
In order to ensure the internationalization strategy, the Austrian cranes manufacturer is expected to show improvements in entering the Chinese market.
November 5, 2011
bwin.party to Enter USA
The British-Austrian gambling company has now found a partner in ordert o provide its gambling services in the U.S.
November 2, 2011
BWT Wants to Become More Visible
The Austrian water technology company knows its main problem very well. Despite a solid business and a high degree of innovation, BWT is not very well-known.
November 1, 2011
AMAG Builds New Plant in Canada
The Austrian aluminum manufacturer participates in a CAD 1.5bn contract. AMAG´s share is 20%. The project brings a new capacity of 355,000 tons.
October 31, 2011
Austrian IT Service Provider Expands to Canada
The IT-service company Navax has ambitious growth plans. Expansion should not only take place in Austria, but also in Canada, Switzerland and Germany.
October 31, 2011
Full Order Books For VTA
The Austrian water technology company expects a substantial rise in sales for 2012. Recently an order from Indonesia has been recorded.
October 30, 2011
Plansee Grows in Korea
With the acquisition of TCB, he Austrian Plansee Group expands in South Korea.
October 25, 2011
Lenzing Expands Capacities in China
The Austrian fiber manufacturer experiences still strong growth in China. Investments will rise significantly too.
October 24, 2011
Subway to Restart in Austria
The U.S. fast food chain aims to return to Austria. In 2005, Subway had to leave, which was due to the insolvency of a franchising partner.
October 24, 2011
AT&S: Massive Investments in China
The Austrian manufacturer of conductor boards will invest € 600m for its factory in the Chinese Chongqing.
October 22, 2011
Casinos Austria to Enter Vietnam
The Austrian gambling company will operate a casino in a luxury hotel in the Vietnamese capital Hanoi. Further expansions are planned.
October 17, 2011
Austrian Economy Cooling Down Rapidly
Drastic deterioration in industrial climate and consumer sentiment point to a break in the economic recovery in the second half of 2011.Economic outlook for 2012 lowered to just 1.4 per cent.
October 15, 2011
Palfinger Aims for Growth in China
The Austrian crane manufacturer, which has recently published a capital increase, will use these funds for further investments in China.
October 15, 2011
Verbund´s Subsidiary Expands in Italy
Sorgenia, the Italian subsidiary of the Austrian energy group Verbund, now provides electricity also for private households.
October 11, 2011
Zumtobel Invests in New Production Facilities
The Austrian lighting company expands its capacities as part of the company’s global growth strategy. Internal plans for up to 200 new jobs by 2020.
October 11, 2011
NKE Expands in Spite of Stagnation
The Austrian engineering company invests massively and created further jobs. The entry to China should bring growth again.
October 10, 2011
Energieallianz Austria Continues Expansion
The Austrian energy trading company opened its third office in Germany, where supply volumes have increased more than tenfold since 2007.
October 6, 2011
conwert Takes Over Property Management for German Tower Group
Additional management of more than 4,600 residential and approx. 300 commercial units in Berlin and North Rhine-Westphalia At 30 June 2011, Austrian conwert managed a total of 60,825 residential and commercial units.
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
Tiger Coatings Continues Expansion in China
The Upper Austrian producer of industrial coatings will open a new plant in western China. Group turnover will amount to € 175m in 2011.
September 30, 2011
Kelag to Invest € 70m in Bosnia-Herzegovina
The Carinthian energy provider signed a contract on the expansion of the hydro power infrastructure in Republika Srpska.
September 29, 2011
Red Bull Intends to Enter China
The Austrian energy drink producer has concluded the technical test phase. The market entry into China is now within splitting distance.
September 27, 2011
Donau Chemie Builds Factory in Hungary
The Viennese chemical group builds a hydrochloric acid factory near the Hungarian capital Budapest for € 6m.
September 27, 2011
Teak Holz Cancels Capital Increase
The Upper Austrian timber company will delay its expansion to a later point in time. Forest management and other projects are not affected by the decision.
September 24, 2011
Andritz Acquires NSC Nonwoven, France and China
Austrian technology Group Andritz has signed a contract to acquire NSC Group’s nonwoven division encompassing its affiliates Asselin-Thibeau (Elbeuf, France) and NSC Wuxi (Wuxi, China).
September 21, 2011
New Austerity Measures at RHI
The new CEO of the Austrian refractory manufacturer RHI, Franz Struzl, insists on the expansion to BRIC-countries and the sales target of € 2.0bn.
September 19, 2011
AMAG to Expand Capacity of Canadian Smelter
The Austrian manufacturer of aluminum products is currently negotiating the project with four partners.
September 16, 2011
Vienna Insurance Group: Market entry in Bosnia-Herzegovina
The Vienna Insurance Group AG has signed a contract to acquire a majority stake in the insurer Jahorina Osiguranje AD Pale (Jahorina) in Bosnia-Herzegovina after successfully concluding due diligence.
September 13, 2011
Marzek Etiquettes Expands in Ukraine
The Austrian manufacturer of etiquettes takes over the Ukrainian subsidiary by 100%.
September 13, 2011
Lenzing Group: Capacity expansion completed at the Heiligenkreuz/Burgenland plant
The Lenzing Group has successfully completed its capacity expansion drive initiated three years ago at the fiber production facility located in Heiligenkreuz (Burgenland, Austria).
September 7, 2011
ZKW Expands Rapidly
The Austrian component supplier raises its production significantly. A new factory site in China has been opened.
September 5, 2011
Emporia has Expansion Plans
The Austrian manufacturer of mobile phones for elderly persons intends to enter the US and the Russian market.
September 5, 2011
Cineplexx Grows Further in SEE Region
The Austrian cinema group takes over two major cinemas in Serbia and Montenegro. Thus, Cineplexx already runs five cinemas in former Yugoslavia.
September 5, 2011