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Manufacturing Industry

RHI Exceeds Expectations

The Austrian producer of fire-proof ceramics could raise revenues by 15.5%. EBIT was up by 19.8%.

March 6, 2012

RHI Eyes Serbia’s Magnohrom

RHI, the Austrian maker of fire- proofing ceramics, is interested in Magnohrom, Serbia’s sole basic refractory product manufacturer, Privatization Agency chief Vladislav Cvetkovic said.

March 3, 2012

Palfinger: Joint Venture in China

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

February 28, 2012

Siemens Austria Has Growth Targets

The Austrian subsidiary of the German Siemens Group builds a new factory at the Viennese sub-headquarters.

February 24, 2012

Rosenbauer Has Good Prospects

The Austrian producer of fire fighting vehicles has full order books. In 2012, CEO Dieter Siegel expects a new record in sales.

February 24, 2012

Wienerberger Returns to Profit Zone

The Austrian brick producer reported group revenues of € 2,023.7m (+16% vs. 2010). EBITDA was up by 23%. Forecasts for 2012 are “difficult”, says Wienerberger´s management.

February 21, 2012

Palfinger to Enter China in 2012

The Austrian crane manufacturer plans to enter the Chinese market in the first half of 2012. China will become the biggest market for Palfinger, says CEO Ortner.

February 4, 2012

Palfinger Provides Surprisingly High Sales Figures

The Austrian crane manufacturer reports a rise in revenues of 29.7%. EBIT was up by 82.8%.

February 3, 2012

Palfinger: Rise in Sales and Profits Expected

Tomorrow, the Austrian crane manufacturer Palfinger presents figures for the financial year 2011. Sales are estimated to grow by 30%, net results should reach € 40m.

February 2, 2012

Lenzing Enlarges Capacities

The Austrian fiber company plans investments of € 130m. 110 new jobs will be created. Production starts in 2014.

January 20, 2012

RHI Takes Over Swiss Stopinc AG

The Austrian producer of refractory takes over refractory specialty producer Stopinc AG. RHI thus increase the stake held from 50% to 100%.

January 18, 2012

Wienerberger to Raise Bond Issue to € 200m

The subscription period for Wienerberger´s corporate bond runs from January 13.

January 11, 2012

Wienerberger Issues Corporate Bond

The Austrian brick producer will issue bonds of at least € 50m in order to refinance liabilities.

January 10, 2012

Changes to the Executive Board of Hirsch Servo

Dr. Johannes Kappel will join the new two-member board of the Austrian machine manufacturer and packaging supplier.

December 22, 2011

Hirsch Servo Posts Loss of € 1.32m

Sales revenue of the Austrian machine manufacturer and packaging supplier declined by 6% in the first three months of fiscal 2011/12. EBIT dropped to € -0.26m.

November 29, 2011

Share Repurchase at Palfinger

The Management Board of the Austrian crane manufacturer resolves to exercise its authorization to acquire own shares. The maximum contingent is € 10m.

November 26, 2011

Austrian Exports to Morocco Booming

In spite of the turbulent developments in the Arab region, the Maghreb state could maintain a strong economic growth. In 2011, Austrian exports to Morocco rise by 16%.

November 26, 2011

Siemens Austria to Manufacture Trams Worth € 100m

The German technology group will build 40 new generation vehicles in Vienna, with parts coming from the plant in Graz.

November 18, 2011

SBO Doubled Profits

The Austrian supplier of oilfield equipments raised sales by 36.6%. SBO starts into the fourth quarter with a sound order backlog

November 16, 2011

ATB Posts Loss due to Court Ruling

The former subsidiary of A-Tec lost a lawsuit and has to pay € 13.4m. EBIT amounted to € 6.1m in the period July to September.

November 11, 2011

Palfinger Reports Continued Growth

Revenue of the Austrian crane manufacturer increased by 34% in the first three quarters of 2011, EBIT more than doubled to € 52.4m.

November 10, 2011

Wienerberger Continues Growth Course in Third Quarter

Despite weakening economic sentiment due to growing uncertainty across the euro zone, the Austrian brick producer recorded a 10% increase each in revenues and operating EBITDA for the third quarter.

November 9, 2011

Wienerberger: Analysts See a Strong Rise in Results

The Austrian brick manufacturer will, according to analysts, report a substantial rise in sales and earnings. The figures will be presented the day after tomorrow.

November 7, 2011

China Entry: Palfinger Under Pressure

In order to ensure the internationalization strategy, the Austrian cranes manufacturer is expected to show improvements in entering the Chinese market.

November 5, 2011

Palfinger General Meeting Supports Further Growth

The Management Board of the Austrian crane manufacturer was authorized to buy back own shares that may be used as acquisition funding.

November 4, 2011

RHI Anticipates Slowdown in Business

The negative trend could come to an end in the second quarter of 2012. In the first nine months of the current year, the Austrian producer of refractory materials increased revenues and profit.

November 3, 2011

KTM Heading for Record

The Austrian motorcycle manufacturer increased turnover by 12%. Previous year’s profit was already exceeded in the first three quarters of 2011.

November 3, 2011

High Expectations for RHI

Analysts forecast a substantial rise in sales for the Austrian refractory manufacturer. However, profits should decline, analysts state.

October 29, 2011

RHI Wins Contract with voestalpine

The producer of refractory materials and the Austrian steel company extend their existing partnership for another three years. The contract has a volume of € 24m.

October 28, 2011

Hirsch Servo Achieves Turnaround in EBIT

Total sales of the Austrian machine manufacturer and packaging supplier increased by 8%. EBIT improved by € 7.6m to € 2.2m.

October 28, 2011

Austria´s Manufacturing Industry Maintains its Competitiveness

Austrian goods exports rose significantly since 1995. According to a study of the Austrian Central Bank (OeNB), this is mainly due to a higher degree of competitiveness.

October 17, 2011

Austrian Motor Vehicle Industry Prospers

Vehicle production recovered completely in 2010 – high commodity prices hindered significant earnings growth. In 2011, sales will reach € 14bn again.

October 17, 2011

Palfinger Aims for Growth in China

The Austrian crane manufacturer, which has recently published a capital increase, will use these funds for further investments in China.

October 15, 2011

Austria Ranks Third in EU Productivity Study

The report points out structural weaknesses and suggests more effective public spending in the fields of education, research and innovation.

October 14, 2011

Palfinger Plans Capital Increase

The Austrian crane producer is gearing up for further growth. An extraordinary General Meeting has been called for 3 November.

October 13, 2011

RHI Buys Irish Raw Materials Producer

The Austrian producer of refractory materials takes over Premier Periclase Ltd. for a price of € 21m.

September 30, 2011

Hirsch Servo Implements Long-Term Financing Plan

The Austrian machine manufacturer and packaging supplier reached an extension of the terms for its long-term loans.

September 30, 2011

RHI to Start Production in Brazil in 2013

The Austrian producer of refractory materials invests € 85m in a first step. The new plant will have an annual production capacity of 60,000 tons.

September 15, 2011

Palfinger Closes Acquisition of Russian Inman

The Austrian crane producer completed the takeover of its Russian competitor. The deal is regarded as an important step in the company’s growth strategy in the CIS area.

August 26, 2011

ATB Returns to Profitability

The subsidiary of the insolvent A-Tec group achieved an increase in revenue of 18% in the first half of the year. EBIT turned positive to € 9.9m.

August 10, 2011

Palfinger with Considerable Growth in First Half of 2011

Revenue of the Austrian crane manufacturer increased by 39.3%, EBIT more than doubled to € 36m.

August 10, 2011

RHI: Lower Operating Result despite Record Revenues in Second Quarter 2011

The Austrian producer of refractory materials reported an increase in revenues of 9.7%. Operating result amounted to € 40.0m.

August 4, 2011

Palfinger Takes Over Russian Inman

The Austrian crane manufacturer acquires its leading Russian competitor. Inman will generate revenue of € 20m this year.

July 11, 2011

RHI: Plans for New Plant in the US

The Austrian producer of refractory materials intends to open a new factory in the US. In the long run, bricks for the North American market will be produced locally.

July 4, 2011

RHI Confirms Outlook and Rules Out Capital Increase

The Austrian manufacturer of refractory materials expects a moderate increase in revenues. A capital increase is not planned in the near future.

June 22, 2011

KTM: Capital Increase Completed Successfully

The Austrian motorcycle manufacturer strengthened its share capital by € 14m by issuance of 400,000 new bearer shares. Main shareholders are CROSS Industries with 50.1% and Bajaj with 39.79%.

June 21, 2011

Hirsch Servo Still in the Red

The Austrian machine manufacturer and packaging supplier improved its results in the first three quarters of the financial year. Operational turnaround is still planned for 2010/11.

May 31, 2011

Mixed Quarterly Results for KTM

The Austrian motorcycle manufacturer reported significantly higher sales in the first three months of the year. EBIT, however, decreased by 78% year-on-year.

May 25, 2011

Strong Sales Growth for RHI

Revenues of the RHI Group amounted to € 413.8 m in the first quarter of 2011, up 20.9% on the reference quarter of 2010. In the Steel Division revenues grew by 20.1%, in the Industrial Division by 23.3%.

May 12, 2011

Industrial Business Situation: Optimism with Restrictions

Economic recovery continues in Austria, as well as employment growth. Capacity utilization remains stable

April 28, 2011