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Manufacturing Industry

Teufelberger Becomes Supplier of Automotive Industry

The specialty cable manufacturer from Upper Austria is undertaking its first steps to establish itself in the automotive supplier industry.

April 27, 2011

Every second Company Concerned by Crisis in Libya and Japan

According to a survey in Upper Austria, 46% of the companies are concerned by the rise in commodity and energy prices or by supply bottlenecks in the electronic industry.

April 23, 2011

Banner on Growth Course

The Upper-Austrian manufacturer of car batteries could raise its sales up to € 225m. Investments of € 20m are planned.

April 22, 2011

Lenzing to switch to prime market of Vienna Stock Exchange on 18 April

Lenzing AG will start listing on the Vienna Stock Exchange’s prime market – the premium segment – as of 18 April 2011.

April 16, 2011

Austrian Industrial Production Still Growing

Statistics Austria: Rise in Production index in January 2011: 8.4% over January 2010

March 26, 2011

KTM in the Black Again

After serious losses in 2009, the Austrian motorcycle manufacturer records rising sales and operating profits again.

March 25, 2011

Wienerberger Acquires Belgian Brick Producer

The Austrian brick manufacturer reached the acquisition of facing brick producer Heylen Bricks in Veldwezelt, Belgium

March 18, 2011

B&C Sells 29.9% of Lenzing AG

The initial step for the IPO of the Austrian pulp manufacturer Lenzing AG already has taken place.

March 17, 2011

Employment Reduction in Austrian Manufacturing Industry

The number of workers in the manufacturing industry fell by 3.2% in 2010. Moreover, there was a massive reduction in the demand for temporary workers.

March 16, 2011

Škoda Increases Efficiency with S&T

The Austrian software company concluded a new IT-system for the Czech car manufacturer.

March 11, 2011

Lenzing AG: 2010 Figures Confirmed

The management of the Austrian Fiber Manufacturer proposes dividend of € 1.55 per share for 2010.

March 9, 2011

RHI: Rise in EBIT by 130%

The Austrian manufacturer of refractory products announced its preleminary results for 2010. Revenues increased by 23%. Operating result margin climbs from 6.4% to 9.1%.

March 9, 2011

Austrian Production Rising Substantially

Opposing production trends in industry and construction in November 2010; turnover +14.5%. Strong increase of production in metal industry.

March 2, 2011

ATB: Contradictions on Rumored Layoffs

A-Tec's subsidiary ATB denies media reports about alleged dismissals at the Styrian location.

February 13, 2011

Haidlmair Group: Major Contract from the U.S.

The medium-sized Austrian toolmaker Haidlmair has obtained a major contract from a U.S. logistics company.

February 12, 2011

Rise in Earnings for Palfinger

The Austrian crane manufacturer records a 29-percent plus in revenues for 2010. For 2011, the company shows an optimistic outlook.

January 25, 2011

Doppelmayr: Slight decline in Sales but Good Result

Doppelmayr, The aerial and surface ropeway manufacturer from Vorarlberg underwent a slight drop in sales, but net income hasincrea sed significantly. Cautious optimism is being shown.

December 1, 2010

Strong Sales Growth in Goods Production and Construction

According to Statistik Austria, sales growth in goods production was 14.3%. Orders for the construction industry decline however.

November 30, 2010

AE&E: Next Insolvency is Coming Up

A subsidiary of the insolvent AE&E group in Raaba is negotiating with the Styrian plant manufacturer Andritz. They have time until Friday.

November 25, 2010

Hirsch Servo Still Records Losses

Sales were up by 27% in the first quarter. Hirsch already experiences an upward trend, the turnaround is expected in 2011.

November 25, 2010

Lufthansa-CEO Mayrhuber Moves to Infenion

Infineon Nominates Wolfgang Mayrhuber as Designated Supervisory Board Chairman and Appoints Dominik Asam as New Chief Financial Officer.

November 23, 2010

Infenion Announces 4Q 2010 Results

Quarterly revenue up by 6 percent sequentially. Segment Results of € 171m, a 24 percent increase from prior quarter.

November 16, 2010

Austria´s Economy: Recovery Accelerates

According to the Report of Bank Austria “Austria´s Economy”, GDP increases stronger than expected. The labor market experiences some weaknesses.

November 15, 2010

Mechanical Engineering Returns to High of Growth

The sector experienced a decline of output capacity by 22% in 2009, revenue in the sector dropped 24% to € 14.7bn. In 2010, production will grow by 8%.

November 15, 2010

Frauenthal Announces Results for Third Quarter of 2010

The process of consolidation at the Frauenthal Group continued according to schedule in the third quarter: revenues increased by 17.8%.

November 11, 2010

Palfinger: Upward Trend in the First Three Quarters 2010

Market recovery and savings measures allowed for above-average increase in earnings. Revenue grew by 19.9 percent to € 464.9m

November 11, 2010

Fast Growth in Temporary Employment

The demand for temporary workers has increased strongly on the Austrian labor market strong, reaching almost the level before the economic crisis.

November 9, 2010
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