High Tech Industry

Significant Drop in Revenue for SW Umwelttechnik

The Austrian technology company recorded mixed results in a challenging market environment. Revenue dropped 7%, EBIT improved but remained negative at € -1.7m.

August 24, 2011

Sharp Increase in Revenue and Profit for Kapsch TrafficCom

Revenues of the Austrian technology company doubled to € 134.7m in the first quarter of FY 2011/12. EBIT increased from € 4.8m to € 22.2m.

August 22, 2011

Declining Revenue for Brain Force

The Austrian IT service provider recorded a drop in revenue of 3% in the third quarter of the fiscal year. Operating EBIT turned positive from € -0.41m to € 0.35m.

August 18, 2011

Efkon Receives Further Major Order in South Africa

The subsidiary of Austrian construction group Strabag has been awarded an € 11m contract for supply and maintenance of toll plazas.

August 18, 2011

Further Delay in Sale of A-Tec

The group’s supervisory board has asked for expert advice on the sales process. A decision might be taken at the end of August.

August 18, 2011

Intercell: Restructuring Is Progressing

Sales of the company’s only product on the market increased by 85% in the first six months of the year. Net loss was down 44.2%.

August 16, 2011

Positive Half-Year Results for A-Tec

The Austrian conglomerate achieved a net profit of € 24.6m in the first six months of the year. Revenue increased by 15.8%.

August 11, 2011

Sale of A-Tec Imminent – Mirko Kovats Attacks Politicians and Banks

The Austrian conglomerate’s negotiations with investors are about to be concluded. CEO Kovats criticized banks for being “no help in securing jobs”.

August 11, 2011

ugichem Closes € 2m Financing Round

The Tyrolean biotech company secured funding from two major investors and a research grant from the Austrian Research Promotion Agency.

August 9, 2011

Andritz: Favorable Business Development in Second Quarter 2011

The Austrian technology group showed a good business development in the second quarter of 2011 and increased all relevant key figures compared to last year’s reference period.

August 9, 2011

BWT’s Results Better than Expected

Net earnings of the Austrian water technology company declined from € 9.0m to € 7.2m. Analysts expected € 6.3m.

August 5, 2011

Kapsch CarrierCom Wins Order in Czech Republic

The Austrian technology company was chosen as general contractor for the GSM-R technology in the Czech Republic. The order value is € 20m.

August 3, 2011

SW Umwelttechnik Secured Mid-Term Financing

The Austrian technology company reached an agreement to delay bank loan repayments until 2012. € 60m were invested in plant modernizations between 2005 and 2008.

August 1, 2011

Penta Is Extending Offer for A-Tec

The Czech-Slovak investment group has affirmed its interest in a takeover of the Austrian conglomerate and extended the validity of its offer.

July 28, 2011

Pankl Acquires US-Based Superior Crankshaft

The Austrian component supplier takes over 100% of the American crankshaft producer which was also founded by Gerold Pankl.

July 27, 2011

Kapsch TrafficCom Wins Order in Portugal

The Austrian technology company takes over installation, technical operation and maintenance of an electronic toll collection system.

July 26, 2011

austriamicrosystems with Improved Results in the First Half of 2011

The Austrian microelectronics and semiconductor manufacturer increased revenues by 18%. EBIT went up from € 8.4m to € 15.8m.

July 25, 2011

Kapsch TrafficCom Awarded Major Contract in the U.S.

The American subsidiary of the Austrian technology group won a ten-year contract for the operations of an electronic toll collection system in 14 states.

July 22, 2011

austriamicrosystems to Be Included in SIX Swiss Exchange’s SPI Middle Index Basket

Inclusion of the Austrian microelectronics and semiconductor manufacturer in the SPI Middle index basket becomes effective September 19, 2011.

July 21, 2011

Blue Chip Energy Filed for Insolvency

The solar cell producer has abandoned production today. Asian investors are said to be interested in an acquisition of the Burgenland-based company.

July 21, 2011

House Searches at A-Tec’s Management

Serious allegations have been made against Board Members of the Austrian conglomerate which is currently negotiating with potential investors. Eight houses have been searched.

July 20, 2011

update software AG Returns to Profitability

The Austrian software company, which is listed on the Frankfurt Stock Exchange, is on its way back to black figures. Sales went up 29.2% in the second quarter, EBIT improved to positive earnings of € 0.2m.

July 20, 2011

Declining Profit for AT&S in the First Quarter

The Austrian technology company had a difficult start into the financial year. EBIT more than halved to € 4.4m. Nonetheless, the outlook has been confirmed.

July 20, 2011

Intercell Is Looking for Financial Investors

The ailing Austrian biotech company is in urgent need of cash. An acquisition, strategic partnerships and a capital increase are being evaluated.

July 19, 2011

SensorDynamics Acquired by Maxim

The Styrian semiconductor company was sold to Nasdaq-listed Maxim Integrated Products. The American group will pay approximately $ 130m (€ 92.3m).

July 19, 2011

A-Tec: Kovats Wants to Stay on Board

CEO Mirko Kovats does not want to give up control over the Austrian conglomerate. He is trying to push through a sale to his favorite bidder which would give him a role in the group.

July 15, 2011

Austrian High Q Technologies Sold to US Company

The Austrian manufacturer of lasers is acquired by Californian Newport, a global supplier of advanced products and solutions in several technology fields.

July 14, 2011

Green Tech Industry as an Important Factor in the Styrian Economy

The Styrian green tech cluster has grown twice as fast as the global market over the last five years. More than 5,500 new jobs have been created.

July 13, 2011

austriamicrosystems Collaborates with Japanese F-Brain

The Austrian microelectronics and semiconductor manufacturer entered into a collaboration with F-Brain to serve Foundry customers on backend test solutions in Japan.

July 12, 2011

Austrian dynaTrace Acquired by US Company

The global technology leader in APM solutions has been taken over by American Compuware. The transaction price amounts to $ 256m.

July 11, 2011

AT&S Confirms Outlook

The Austrian technology company reported a successful business year 2010/11 in its Annual General Meeting and increased its dividend pay-out significantly.

July 7, 2011

austriamicrosystems Selected by Google

A module developed by the Austrian microelectronics and semiconductor manufacturer is on Google’s new Android Accessory Development Kit reference design.

July 7, 2011

Boris Nemsic Joins Delta Partners

The former CEO of Telekom Austria was appointed executive partner of Delta Partners' investment business.

July 6, 2011

Contractual Penalty for Kapsch in Poland

The Austrian technology group did not manage to finish work on an electronic toll collection system in time. Thus, the company will have to pay a contractual penalty.

July 6, 2011

Austrian Companies to Participate in Russian Research Center

The planned technology park will be home to up to 40,000 researchers. Twenty Austrian companies have expressed interest in participating in the project.

July 5, 2011

Kapsch TrafficCom Makes Important Step in Russia

A joint venture of the Austrian technology group has made it to the final stage of a tendering process for a Russian highway project.

July 1, 2011

A-Tec Received Binding Offers from Investors

Investors will need at least € 210m in order to fulfill the payout plan. Up to five potential buyers were still interested in an acquisition.

July 1, 2011

S&T: Operating Loss Widened

The ailing Austrian IT service provider has not yet achieved the turnaround. Half of the company’s share capital has already been used up.

June 30, 2011

S&T Wins Contract in Serbia

The Austrian IT service provider will be responsible for the implementation of the largest SAP project in Serbia in the last years.

June 28, 2011

ACP Says No to IPO

The Viennese IT service provider has ruled out an IPO for the next two to three years as the market environment is “not suitable for medium-sized companies”.

June 27, 2011

HTI Successfully Completed Capital Increase

The Austrian technological group raised € 6.6m of additional equity. The capital increase was over-subscribed by 26%.

June 27, 2011

Five Investors Still Interested in A-Tec

A-Tec boss Mirko Kovats has to find a buyer for his insolvent group by June 30. Investors will need at least € 225m in order to fulfill the payout plan.

June 24, 2011

Intercell: “We Will Stabilize Our Share Price”

The Austrian biotech company recorded a dramatic drop in its share price. The CEO remains optimistic and promises stabilization.

June 21, 2011

austriamicrosystems Acquires US-based Company

The Styrian microelectronics and semiconductor manufacturer is going to buy 100% of the shares in an American light sensor supplier for $ 320m (€ 220m).

June 16, 2011

Record Loss for A-Tec in 2010

The insolvent company reported a loss of € 585m. Nonetheless, CEO Kovats sees a positive development and remains optimistic.

June 15, 2011

Kapsch TrafficCom Records Strong Growth in 2010/11

The Austrian technology group reported the best result in its history in the last year. EBIT almost doubled to € 48.9m.

June 8, 2011

Intercell to Cut Jobs and Research Budget

The share price plunged by more than 30% after the Austrian pharmaceutical company had announced the termination of a vaccine study.

June 8, 2011

HTI Announces Capital Increase

The Austrian technological group will raise about € 6.6m. Subscriptions for half of the volume have already been confirmed.

June 6, 2011

Penta Investments Interested in A-Tec

Time is pressing. A decision has to be made by the end of June.

May 27, 2011

SW Umwelttechnik Still in the Red

The Austrian technology company reported a slight increase in revenue. EBIT improved from € -2.9m to € -2.5m.

May 25, 2011
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