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Expansion

Energy Industry: Tough Start for Expansion

The domestic energy industry has numerous plans to expand capacity. However, political will is containing them.

November 5, 2010

Energy Companies are Investing € 6.2 bn

Austria's electricity companies are currently planning the construction and expansion of more than 80 power plants.

November 4, 2010

RHI: Positive Development in the First Nine Months

RHI AG, the world market leader in refractory products, recorded a significant increase in revenues and earnings in the first three quarters of 2010 compared with the prior-year reference period.

November 4, 2010

Raiffeisen Participates in Bid for Polbank

Raiffeisen International Bank (RBI) tries to get into the act concerning the sale of Polbank. The eighth largest bank in Poland is currently owned by EFG Euro Bank, which is offering its Polish interest for sale.

November 3, 2010

Contract for Kapsch TrafficCom in Poland

The consortium led by Kapsch came out as the best bidder for the implementation of a toll system on Polish motorways. The contract has been signed now.

November 3, 2010

Andritz Acquires RITZ Pumpenfabrik, Germany

International technology Group ANDRITZ has signed a contract to acquire the German company RITZ

November 2, 2010

RHI: New Boss Wants to Double Profits by 2015

RHI pursues ambitious growth plans. Higher sales and profits are to be generated mainly through expansion in emerging markets.

October 29, 2010

Wienerberger Plans Full Takeover of Semmelrock International

The purchase of the remaining 25% stake in Semmelrock International has been announced today. Wienerberger regards the acquisition as a “logical step”.

October 29, 2010

Financing of OMV-Deal in Turkey Still Open

OMV leaves the financial markets still in the dark as to how it will cope with the acquisition.

October 25, 2010

Deripaska Again at Strabag

After Deripaska’s decision, and successful talks with Strabag boss Haselsteiner, the Russian oligarch is a partner in the construction group again.

October 25, 2010

Large Power Plant in Turkey: Verbund concludes Joint Venture

With an investment volume of 550 million euro, the Verbund operates together with its Turkish partner Sabanci Holding, a gas-steam power plant.

October 25, 2010

Telekom Austria: Good Results Expected for 2010

The CEO of Telekom Austria, Hannes Ametsreiter sees the current financial year as "stable and good".

October 22, 2010

KTM is Back Again

With a surprisingly positive quarterly result, the motorcycle manufacturer KTM shows its old strength. All expectations have been exceeded.

October 22, 2010

Vienna Insurance Group in Albania

Further growth achieved with the acquisition of Interalbanian.

October 21, 2010

AT&S Leaves the Crisis Behind

Thanks to growth in sales and massive investments, AT&S looks forward to a positive future.

October 21, 2010

Voestalpine: Good Prospects

Voestalpine has got back fast on the road to success. Cost reduction and growth outside Europe are the recipes.

October 21, 2010

The Next Acquisition: STRABAG Buys Gaul-Group

The German Gaul-group, a regional market leader for construction materials, has been bought by STRABAG for strategic reasons.

October 20, 2010

Wienerberger Signs Agreement to Acquire Steinzeug Abwassersysteme

Planned acquisition of worldwide market leader and Europe’s largest producer of clay pipe systems

October 20, 2010

Serbian Telekom: Entry of Telekom Austria?

The Serbian government expects to reach a price of 1.4 billion euro for its 51% share of Telekom. Participation of Telekom Austria is expected.

October 19, 2010

Strabag Expands its Competence in Bridge Building – New Order in Poland

Strabag SE, a large construction company in Central and Eastern Europe, signed an agreement to build a new bridge complex in Toruń, Poland.

October 18, 2010

Vienna Stock Exchange - Weak week

With -6.2%, the ATX registers a weak week. The only positive factor is that recent annual lows were not crossed.

July 2, 2010