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Machine Manufacturing Industry

UIAG to Take Over 40% of Mbi-Group for EUR 8 Million

Investments firm UIAG agreed to take over 40 percent in industrial machining manufacturing company mbi-group Beteiligung GmbH, parent of machine maker Anger Machining, for EUR 8 million in capital hike and funds, UIAG said.

July 2, 2014

Palfinger: Revenue and EBIT Slightly Higher in 2013

Palfinger continued to profit from internationalization in the first half of 2013

August 8, 2013

Major Contract for Andritz in Switzerland

Andritz to modernize Innertkirchen 1 and Handeck 2 hydropower stations, Switzerland

June 11, 2013

Rosenbauer: Out of Court Settlement Reached

Rosenbauer and two other manufacturers have signed a settlement agreement with the German municipal umbrella organizations providing for out-of-court restitution in connection with the fire fighting vehicle cartel in Germany.

May 14, 2013

Andritz Lands Major Contract With Mondi

Andritz to support Mondi’s program for energy optimization and environmental protection with supply of state of the art plants and technologies

March 12, 2013

Andritz Group With Solid Business Development

The Austrian technology Group Andritz showed solid business development during the third quarter of 2012 and the first three quarters of 2012. Net income was up by 11.1%.

November 6, 2012

Major Order for Andritz in Laos

The Austrian technology group has received an order from CH. Karnchang (Lao) Company Ltd. to supply the electromechanical equipment for the Xayaburi run-of-river hydropower station.

October 25, 2012

Andritz Acquires Allied Environmental Solutions, USA

The Austrian technology Group Andritz has acquired Allied Environmental Solutions, Inc. (AES), with headquarters in Columbia, Maryland, USA.

October 8, 2012

Strong Demand for Andritz Corporate Bond

Due to strong demand, subscription period terminated today prematurely. The volume issued amounts to € 350m. Two thirds were subscribed by Austrian private investors

July 4, 2012

U.S. Hedge Funds Hinders Andritz

The Austrian technology group Andritz plans a complete takeover of the German Schuler Group. The U.S. hedge funds Elliott Capital recently acquired a stake in Schuler.

June 25, 2012

Andritz Now Holds 53.5% in Schuler

The Austrian technology group acquires just over another 5% of Schuler AG shares.

June 1, 2012

Andritz Acquires Further 10% of Schuler AG Shares

The Austrian technology group now has access to 48.5% of the total shares.

May 31, 2012

New Major Order at Andritz

The Austrian technology group was awarded to supply a paper machine to Zellstoff Pöls, Austria.

May 31, 2012

Andritz Expands in Germany

Andritz acquires 38.5% stake in Schuler AG, Germany, and announces takeover offer to purchase the remaining shares.

May 29, 2012

Andritz Continues Strong Performance

The Austrian technology Group ANDRITZ saw a favorable business development during the first quarter of 2012. Sales grew by 28.4%. Net income was up by 36.5%.

May 4, 2012

Major Order at Andritz by Mondi Austria

International technology Group Andritz has been selected by Mondi Group to supply a 1,200 tds/d recovery boiler for Mondi Frantschach at its mill in Carinthia.

April 19, 2012

Moderate Growth at Wintersteiger

In 2011, the Austrian machine manufacturer could raise revenues by 9.0% to € 101.8m.

April 14, 2012

Andritz Acquires U.S. Bricmont Inc.

The Austrian technology Group Andritz has acquired Bricmont Inc. from Inductotherm Group. Bricmont is headquartered in Pittsburgh, Pennsylvania, USA, and includes certain assets in China and India.

March 30, 2012

Andritz Receives Order from ThyssenKrupp

The Austrian technology group is awarded to supply equipment for stainless steel production to ThyssenKrupp Nirosta, Germany.

March 29, 2012

Palfinger: High Expectations in China

The Austrian crane manufacturer is optimistic that China becomes the biggest market for the company.

March 28, 2012

Austrian Exports to Japan Reach New Record

Last year, bilateral trade between Austria and Japan recorded a new high. Austrian exports to Japan amounted to € 1.3bn.

March 27, 2012

Wolong Wants ATB to Become World Market leader

The Chinese Wolong Group, which took over ATB last year due to A-Tec´s insolvency, has big plans for the engine producer.

March 24, 2012

Rising Dividend at Andritz

The annual general meeting approves substantial dividend increase and split of shares at the Austrian technology group.

March 22, 2012

Andritz: Major Order from Chile

The Austrian Andritz Energy & Environment receives major order to supply equipment for two coal-fired power stations in Chile.

March 22, 2012

Moderate Rise in Austrian Bilateral Trade with Italy

In 2011, Austrian exports to Italy went up by 8.6% to € 9.3bn. After Germany, Italy is Austria´s second largest trade partner.

March 21, 2012

Andritz Receives Major Order from Turkey

The Austrian technology Group Andritz has received an order to supply equipment for Beyhan-1 hydropower station in Turkey. The order value amounts to € 44m.

March 21, 2012

Andritz Receives Order in DR Congo

The Austrian technology Group Andritz received a contract for reconstruction and rehabilitation of two Francis units (178 MW each) for the Inga 2 hydropower plant, DR Congo.

March 19, 2012

Palfinger Puts Effort Into China Entry

The Austrian crane manufacturer announced its joint venture with the Chinese partner Sany at the Austrian Federal Competition Authority (BWB).

March 13, 2012

„Going to America 2012“: AWO Supports Austrian Business in USA

Foreign Trade Austria (AWO) shows business opportunities in the U.S. to domestic companies.

March 8, 2012

Andritz: Controversial Projects in Brazil and Turkey Are Going According to Plans

The Austrian machine manufacturer Andritz participates in the construction of two major hydro power plants in Turkey and Brazil.

March 2, 2012

Siemens Austria Got Major Order from India

The Indian National Mineral Corporation orders a sintering plant at Siemens VAI. The order volume totals € 120m.

March 1, 2012

Andritz Surpasses Expectations

The Austrian technology Group Andritz showed very satisfactory business development in the 2011 business year, reaching record highs in order intake, sales, and earnings.

March 1, 2012