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Official start of construction of Austria's largest building project
The start of construction of the controversial Koralm tunnel, a railway connection between Carinthia and Styria, has occurred. The 20km long tunnel will be completed in 2022.
March 29, 2011
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Economy: "South Axis” Demands Recovery Program
Styria and Carinthia are at a disadvantage concerning infrastructure compared with other provinces, was the criticism of the Economic Chambers of the "strong south".
March 25, 2011
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Bosnia is a Promising Market for the Austrian Construction Industry
The Bosnian government invests in highway construction and energy: Austria is a top foreign investor in Bosnia-Herzegovina
March 16, 2011
Andritz: Possible Loss of the Belo Monte Project
The Brazilian government is fighting for the realization of the controversial Belo Monte project, whose approval has been blocked in court.
March 3, 2011
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Austria as Central Europe’s Logistics Hub
Austria's transport industry shows optimism. The employment situation is expected to improve still further.
March 1, 2011
SW Umwelttechnik: Turnover up by 12%
Despite improving sales, the Austrian company still records losses. However, the operating results are positive.
March 1, 2011
WKÖ: "Clear Commitment to the Brenner Base Tunnel is Needed”
The chairman of the Austrian Economic Chamber considers the tunnel between Italy and Austria as a pioneering infrastructure project.
February 23, 2011
Brenner Tunnel: ÖBB will not pay
The Austrian Federal Railways will only accept to build the tunnel for € 10bn, if the costs are passed on to the state.
February 22, 2011
Difficulties in ÖBB Restructuring
The Austrian Federal Railways cannot get out of their debt crises. Restructuring of the freight division requires additional funding
February 15, 2011
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Vienna International Airport: Third Runway for € 1.8bn
The proposed project is not firm yet, but the estimated costs are between € 1.2 and € 1.8bn due to extensive construction work.
February 12, 2011
Massive Increase in Public Debt
Austrian public debt could rise dramatically soon by a new calculation involving separate legal entities.
February 10, 2011
Potential for Austrian Construction Industry in Poland
Market experts predict a sharp increase in construction activity: a market growth of up to 12% is expected for the next two years.
February 10, 2011
ÖBB CEO Kern Closes In on Politicians
The CEO of the Austrian Federal Railways (ÖBB), Christian Kern, reacts angrily to accusations made by politicians.
February 5, 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
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Privatizations Could Raise up to € 24bn on Vienna Stock Exchange
Especially the privatization of public infrastructure and energy companies could increase the market capitalization of the Vienna Stock Exchange considerably.
February 3, 2011
Leitl Demands Support for Brenner Tunnel
The President of the Austrian Economic Chamber considers the Brenner Tunnel infrastructure project as crucial for the business location Austria.
February 2, 2011
New Advance for Baltic-Adriatic Corridor
The Carinthian Economic Chamber supports the information campaign of Governor Gerhard Dörfler in favor of the Baltic-Adriatic Corridor.
February 2, 2011
Kapsch TrafficCom with First Contract Award in Russia
The Austrian Kapsch TrafficCom AG announces that its Russian subsidiary has been awarded an order to equip traffic crossings.
February 1, 2011
New Order in Poland for Kapsch CarrierCom
Kapsch CarrierCom has won the next large order for the deployment of a digital train radio system.
January 28, 2011
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WKÖ Celebrates 40 years of Diplomatic Relations between Austria and China
The Austrian Economic Chamber stresses the relevance of China for Austria's foreign trade in the context of the anniversary.
January 27, 2011
Austria's Energy Self-sufficiency until 2050
The Minister for the Environment, Nikolaus Berlakovich presents a study on the Austrian energy supply. Self-sufficiency until 2050 is feasible.
January 27, 2011
Andritz: Order in Portugal
The Austrian industrial plant manufacturer based in Graz reports an order for € 40m from the Portuguese power company EDP.
January 26, 2011
Upper Austrian Manufacturing Industry on Investment Course
AMAG and Lenzing show ambitions to be listed again on the Vienna Stock Exchange. Energie AG massively increases its investment budget.
January 21, 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
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Alpine Wins Contract in London
The Austrian Alpine Group wins a contract for two Central London station tunnels on the Crossrail project. The contract value is £ 235m (€ 279m)
January 16, 2011
Poland is a Big Opportunity for Austria's Export Economy
The Austrian Economic Chamber sees tremendous opportunities for the local export industry. The construction industry could particularly benefit from the boom in Poland.
January 15, 2011
Turkish Electricity Market Threatens to Collapse
The increasing energy demand in Turkey is facing a lack of infrastructure. Austrian Verbund will expand its investments.
January 13, 2011
SW Umwelttechnik: New Orders Totalling € 6.5m
OMS, the engineering company of the Austrian SW Group, won contracts in Hungary and Romania valuing a total of € 6.5m.
January 5, 2011
Increase of Debts Slows Down at Asfinag
According to the Austrian motorway company Asfinag, austerity is slowly starting to show results.
January 3, 2011
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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
Linz AG: Decrease in Operating Profits
The Upper-Austrian energy supplier experiences a slight increase in sales. Profits declined. However, the board states to be “satisfied”.
December 14, 2010
Strabag Hopes for Projects in Russia
Russia will hold the 2018 World Cup, expected to be the most expensive of all times. Numerous construction projects will be awarded.
December 8, 2010
Extra-budgetary Debts Grow Unabated
Debt levels which are not attributed to the Austrian Federal Budget rise exorbitantly. Above all, the ÖBB and Asfinag are responsible.
November 30, 2010
Wiener Stadtwerke Inaugurates New Headquarters
The largest Viennese infrastructure company concentrates its activities at the new headquarters and also sets a mark for urban development.
November 24, 2010
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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
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
Indonesia and Austria Agree to Extend Cooperation
President Fischer officially visited the Islamic Republic Indonesia, which is of the most important future markets of the South Asian region for Austria.
November 17, 2010
Junge Industrie Wien: Explosive Generational Balance Study
Junge Industrie Wien calls for "courageous steps". The credo is future investments instead of transfer payments.
November 17, 2010
Industry Welcomes EU Energy Infrastructure Package
Secretary General of the Federation of Austrian Industrialists, Markus Beyrer: the package is also important to achieve energy and climate objectives.
November 17, 2010
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The ÖBB is a Risk Factor for the State Budget
While the investment projects for the ÖBB are being reduced by Transport Minister Doris Bures, a fiasco is threatening on the revenue side.
November 15, 2010
Infrastructure Development: Investing in the Future or Incurring Debt?
While industry competes for sites for the development of infrastructure, legitimate questions are being raised on financial issues.
November 15, 2010
Traffic Expenditures: € 4.3bn less
As a consequence of the new budget, public infrastructure projects are being reduced considerably. Postponed projects and low-cost alternatives will save money.
November 12, 2010
Linz AG: Pause After Investment Offensive
The municipal company recorded extraordinary high capital expenses in 2009. The next projects are still in the planning phase.
November 11, 2010
Telekom Srbija: Sale is Resisted
The partially for sale Telekom Srbija which Telekom Austria is said to be interested in, raises passions in Serbia. Opposition to the sale is taking shape.
November 11, 2010
Strabag: Major Contract in Romania for 220 Million Euro
A consortium led by Austria's Strabag has won a contract to build a Romanian motorway for 220.6 million euro.
November 11, 2010
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
Semperit AG Holding production in Thailand affected by flooding
Monsoon rains interrupt the production in Semperit´s facilities in Thailand. The local infrastructure is strongly affected.
November 5, 2010
4.25% Kapsch TrafficCom Bonds Successfully Placed
Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, successfully placed corporate bonds with a tenor of seven years and a volume of Euro 75 million.
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
IHS Boss Felderer Pleads for Railway Tunnel
The debate about the controversial Koralm tunnel is being enriched. IHS (Institute for Advanced Studies) boss Felderer argues strongly for the infrastructure measure.
November 3, 2010
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