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Joint Venture

Erne Fittings First Austrian 100% Ownership in Saudi-Arabia

Erne buys a 50% share from the former joint venture company Mada in Jubail, Saudi Arabia.

June 4, 2012

Management of New Joint Venture Ybbstaler Agrana Juice Appointed

Following the closing of the joint venture deal between Agrana Juice Holding GmbH and Ybbstaler Fruit Austria GmbH, the management team of the new company has now been appointed.

June 1, 2012

Hervis Cooperates with Frenche Go Sport Group

The Austrian and the French sports traders establish the joint venture “Sports Trade & Marketing International”.

May 2, 2012

AVE Needs Fresh Funds

The waste management company, which is held by the Upper Austrian energy company Energie AG, intends to pursue its growth strategy in CEE. New capital is needed therefore.

April 10, 2012

Go-Ahead for Joint Venture Between Agrana and RWA.

EU Commission approves joint venture between the two Austrian food companies Agrana Juice Holding GmbH and Ybbstaler Fruit Austria GmbH (RWA).

April 4, 2012

Palfinger: Joint Venture in China

The Austrian crane producer initiates a joint venture company with Chinese Sany Heavy Industries.

February 28, 2012

AT&S Launches Strategic Alliance with U.S. MFLEX

Multi-Fineline Electronix, Inc. and AT&S Austria Technologie & Systemtechnik Aktiengesellschaft, today announced a Strategic Alliance Agreement.

January 19, 2012

Voith Hydro Receives Major Order from Russia

The plant manufacturer was awarded a contract for modernization of a Russian hydro power station. Presence in the country will be expanded through a joint venture.

September 29, 2011

C-Quadrat Receives Management Mandates with a Volume of € 300m

The Austrian fund company will assume the mandates from Germany’s third-largest insurance group in the fourth quarter.

September 8, 2011

FACC to Build Construction Plant in Russia

The Upper Austrian aircraft component manufacturer and its Russian partner invest a total of € 55m in Kazan. The new plant will supply components for commercial aircraft starting from 2013.

August 18, 2011

Emerging Markets Boosting FACC

The Austrian aircraft component manufacturer relies on joint ventures in order to benefit from strong growth in emerging markets.

June 20, 2011

Agrana Opens Production Site in Egypt

The Austrian fruit, starch and sugar company has started production in its new plant which is seen as a basis for further expansion in the Middle East and North Africa.

June 7, 2011

Porr Enters Alliance in Slovenia

The Austrian construction company establishes a joint venture with SCT, the dominant construction company in Slovenia.

February 17, 2011

Agrana Closes Chinese Joint Venture

The Austrian Agrana and the Chinese YNA divide their joint ventures for apple juice concentrate in China.

February 2, 2011

Miba Enters into a Joint Venture in India

The Austrian Miba Sinter Group expands its global network with a sintered components manufacturing facility in India.

February 2, 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

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

Bawag and Post Share 520 Branches

Investments in the common branch network of the Austrian Post and the U.S. fund Cerberus owned Bawag are running.

January 14, 2011

Verbund: Further Expansion in Turkey

The power company intends to increase its presence in the rapidly growing Turkish market. But above all, investments will be made in Austria.

November 10, 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

Verbund´s Subsidiary Sorgenia Achieved Higher Profits

Net income climbed during the first three quarters to 57.6 million euros

October 19, 2010
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