Manufacturing Industry

Mayr-Melnhof to Become Market Leader in Colombia

The Austrian carton producer Mayr-Melnhof Packaging acquires Colombian Plegacol and creates a new Colombian market leader in folding cartons.

September 17, 2012

RHI Adapts Brazil Project

The Austrian producer of refractories refers to increase in import duties and anti-dumping duties in Brazil.

September 17, 2012

Palfinger´s Joint Venture in China Starts Operations

The Austrian crane manufacturer is about to intensify its China activities. After only six months, the competent authorities have given their approval to the Group’s joint venture with the Chinese Sany Group.

September 3, 2012

Wienerberger´s Pipelife Lands Contract Worth € 20m

Pipelife has been awarded a major order in Ghana: 8.8 km of 2.5 m diameter HDPE pipes for a power plant project.

August 31, 2012

Lenzing Continues to Supply Fibers to US Army

Flame-resistant fibers from Austria of superior quality.

August 25, 2012

Rosenbauer: Earnings Down, Revenues Up

In the first half of 2012, Rosenbauer Group recorded a 17% decrease in net income. Revenues soared by 14%. Order backlog grew by 60%.

August 24, 2012

Wienerberger: Declining Earnings Cause Austerity Measures

Group revenues of the Austrian brick producer rose by 5% to € 1,036m (2011: € 986m ). Operating EBITDA declined by 16% to € 104m (2011: € 123m ).

August 21, 2012

Lenzing: Profit Decrease Expected

Next Wednesday, Lenzing presents its half-year results. According to analysts, the Austrian fiber producer will report a 31% profit decrease.

August 20, 2012

Wienerberger: High Losses Expected

In the first half year of 2011, the Austrian brick producer still recorded a net income of € 37.5m. On average, a loss of € 21.07m is expected.

August 17, 2012

RHI Announces Surprisingly High Profit

In the second quarter of 2012, the Austrian manufacturer of refractory products could achieve strong EBIT(+24%) and EBITDA (+13%) growth rates.

August 7, 2012

RHI: Moderate Rise Earnings Expected

Next Tuesday, the Austrian manufacturer of refractory products will announce its half-year results.

August 3, 2012

RHI: Slight Increase in EBIT Ahead

According to Berenberg Bank, the Austrian manufacturer of refractory products has achieved a 4% increase in sales in the second quarter of 2012

August 1, 2012

RHI Places € 130m Bonded Loan

RHI AG, a world market leader for refractory products, successfully completed the placement of a € 130m bonded loan on July 25, 2012.

July 26, 2012

Lenzing AG Intensifies Pulp Cooperation with Sappi

Lenzing AG, global market leader for man-made cellulose fibers, is intensifying its longstanding cooperation with the paper and pulp group Sappi.

July 23, 2012

Austrian GDP per Capital € 35,710 in 2011

Austrian economy 2011: growth of +2.7% despite challenging global environment. The manufacturing industry was the driving factor of the growth last year.

July 13, 2012

“UK Faces Skills Tragedy"

The Austrian crane manufacturer Liebherr-Sunderland has urged UK engineering businesses to upskill to ensure they can compete effectively in high value international markets.

June 19, 2012

Austrian Furniture Industry Increases its Exports

In 2011, the total production of the Austrian furniture industry decreased by 3.3 percent to close to € 2.3bn according to the latest figures.

June 6, 2012

Different Economic Dynamics Among Austrian Provinces

In 2011, Styria achieved the highest economic growth rate among the nine Austrian provinces. This year, Upper Austria is expected to lead the ranking.

June 4, 2012

Slow Growth in Austrian Industry

In 2012, the Austrian economy is expected to grow by 0.8%. The overall uncertainty remains, optimism in the Austrian industrial sector shrinks.

June 1, 2012

Positive Trend in Austrian Industrial and Construction Sector

In February 2012; turnover in the industrial and construction sector was up by 11.8%. Construction output grew by 10.4%.

May 30, 2012

U.K.: Mayr-Melnhof and Trade Union Settle Dispute

The Austrian manufacturer of packaging products grants a better social package to the former employees of the Liverpool-based factory.

May 29, 2012

Wienerberger Closes Takeover of Pipelife

For a purchase price of € 162m, Wienerberger will increase revenues by approx. € 800m and EBITDA by approx. € 70m per year.

May 25, 2012

Austrian Paper Industry Sees Lack in Skilled Workers

Last year, the domestic paper industry recovered. The new challenge would be to attract sufficient skilled workers.

May 23, 2012

Wienerberger Secures Liquidity Reserves up to 2016

New credit line provides € 250m for general corporate financing up to May 2016 .

May 23, 2012

Record Results at SBO

Austrian Schoeller-Bleckmann Oilfield Equipment achieves an all-time high in sales and profit figures in the first quarter of 2012.

May 23, 2012

Rising Revenues at Novomatic

The Austrian vending machine producer recorded a 17.2% in revenues. The gambling segment was Novomatic´s growth driver.

May 22, 2012

Lower Profits at Rosenbauer

The Austrian manufacturer of fire brigade equipment announced its1st quarter results. Revenues were up by 8% at € 115.6m (Q1/2011: € 107.3m). EBIT still down year-on-year, at € 3.7m (Q1/2011: € 6.9m).

May 16, 2012

Mayr-Melnhof Posts Profit Decrease

Sales were held up on previous year’s level. The operating profit was below last year’s value due to a sharp increase in input prices. Net income fell by 20%.

May 15, 2012

RHI: Profit Soared by 75%

The Austrian manufacturer of refractory products records a moderate increase in revenues. Earnings and profits were up remarkably. RHI predicts to achieve stable results in the second quarter.

May 15, 2012

Strong Growth at Palfinger

Revenue and EBIT increased by another 17 per cent. The Austrian crane manufacturer expects a moderate growth trend in 2012.

May 10, 2012

Declining Revenues and Net Income at Lenzing

The performance of the Austrian Lenzing Group in the first quarter of 2012 was in line with expectations. EBIT decreased to € 67.2m after € 90.7m in the first quarter of 2011.

May 10, 2012

Wienerberger Records Higher Losses

Group revenues declined by 3% to € 382.4m (2011: € 395.1m). Operating EBITDA reached € 2.1m (2011: € 11.8m). Net losses reach € 50.1m.

May 9, 2012

Lenzing´s Earnings May Fall Considerably

Analysts of Erste Group and RCB (Raiffeisen Centrobank) expect the Austrian fiber producer to record a substantial cut in operating profits.

May 8, 2012

Palfinger: Strong Rise in Earnings Ahead

Analysts expect the Austrian crane manufacturer to achieve a 8.0% growth in revenues. EBIT is forecasted increase by 18.5%.

May 8, 2012

RHI to Acquire Orient Refractories?

The Austrian refractory manufacturer is said to take over the Delhi bases Orient Refractories. The target company denies the rumor.

May 7, 2012

Major Order at TGW by U.S. Gap Inc.

The U.S. specialty apparel retailer Gap Inc selects the Austrian TGW Systems to manage their residual carton handling operation.

May 2, 2012

Mayr-Melnhof: Dispute in the UK Escalates

After the British site of the Austrian packaging company was shut down in February, the British trade union Unite attacks Mayr-Melnhof sharply.

April 23, 2012

RHI Pursues Growth Strategy in India

The Austrian RHI AG, the world’s biggest maker of fireproofing ceramics, is pursuing a takeover in India and may start a joint venture in Russia to expand its global reach.

April 21, 2012

Gorenje Not to Move to Vienna

The Slovenian producer of household appliances was said to move to Vienna. CEO Franjo Bobinac declines the rumors.

April 20, 2012

RHI to Cut Costs

The Vienna-listed manufacturer of fire-proof products starts a cost-cutting program. CEO Struzl pushes for more efficiency.

April 20, 2012

Rosenbauer Reports Decline in Revenue and Profit

The Austrian producer of fire-fighting equipment announced its results for 2011. Revenues decreased by 9.0%, net profit fell by 20%. Orders went up substantially.

April 20, 2012

Lenzing Resolves to Increase Dividends Substantially

The Ordinary Shareholders´ Meeting of Lenzing AG resolved to distribute a dividend of € 2.50 per share for the 2011 fiscal year (compared to € 1.55 per share for the previous fiscal year).

April 19, 2012

Gorenje Considers Setting Up Headquarters in Vienna

The Slovenian producer of household appliances is said to move to Vienna. The company does not comment this information.

April 19, 2012

Bad Prospects for Austrian Paper Industry

In 2011, production of the Austrian paper industry declined by 2.2%. In 2012, there is no reason to be optimistic, the industry says.

April 18, 2012

Bene Posts Rise in Earnings

In the scope of an institutional investors event, the Vienna Stock Exchange listed Bene Group publishes today a first estimate of results for the financial year 2011/12 ended on January 31, 2012.

April 14, 2012

Lenzing Expects Not to Reach Results of 2011 Again

Lenzing´s CEO Peter Untersberger presented the excellent results of the last financial year. This year, earnings will reach the level of last year only “at best”.

April 13, 2012

Wienerberger Builds Firewall Against Hostile Takeover

The Austrian brick producer plans to lower the marginal value for takeover offers to 20%.

April 13, 2012

Ruttenstorfer Enters RHI

The former OMV executive becomes supervisory board member at the Austrian RHI.

April 11, 2012

Austrian Industrial Sector Faces Uncertainties

The Austrian industries expect a stagnation of business. Economic growth is low, export growth will be decent. Moreover, the order stock is declining.

April 4, 2012

Austrian Industry Running Increasingly Smoothly

The Austrian industry has potential: positive surprise still possible despite tight earnings situation caused by high commodity prices. Export orders rise strongly again.

March 30, 2012
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