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Metal Industry

Romania: Modest Growth for Metal Industry

Romania's metals sector will continue to see modest growth.

September 27, 2013

Poland: Warsaw Stock Exchange to Introduce WIG30

The new index covers thirty enterprises instead of formerly twenty and reduced the dominance of the banking industry.

September 23, 2013

Russia: Disappointed About Joining WTO

A year ago, Russia joined the World Trade Organization (WTO). However, the country is not satisfied with the results despite of having negotiated about joining for 19 years.

August 26, 2013

Ukraine Remains in a Recession for a Year

In the second quarter of 2013 GDP contracted by 1.1 percent on a year-on-year comparison basis.

August 20, 2013

Russia: Rusal to Slip into the Red

Russian metal giant Rusal has to decrease production by 357,000 tons this year due to a drop in prices in aluminium. The company now hopes for state subsidy.

August 19, 2013

AMAG: Sales and Net Income Down

Due to the declining aluminum price, the Austrian aluminum producer posts smaller profits. All divisions working at full capacity.

August 2, 2013

Austria: Increased Demand in Romanian Exports

For the first time, Austria has imported goods from Romania exceeding the amount of € 1bn. Metals and machines are on top of the list of imported Austrian goods in Romania.

July 24, 2013

Siemens VAI Lands Major Contract in China

Tangshan orders cold rolling complex from Siemens.

June 18, 2013

AMAG to Provide Aluminium for Airbus

Listed aluminium manufacturer AMAG received a major order by defence and aerospace company EADS.

June 13, 2013

Austria: Biggest Investor in Serbia

Serbia encourages Austrian enterprises to further invest in Serbian industries.

May 16, 2013

AMAG: Slight Decrease in Sales in Q1 2013

Sound earnings despite strong decline in aluminium price.

May 7, 2013

Austria: AMAG EBITA Dropped in 2012

The Amag Group achieved sales of 814.2 mEUR in the fiscal year 2012 and continues on the prior year's level of 813.1 m EUR despite the average price of aluminium falling 370 USD/t.

March 14, 2013

AMAG: Management Board Reappointed

The Supervisory Board of AMAG Austria Metall AG announces the reappointment of the Management Board members.

November 22, 2012

AMAG: Sales Up, Earnings Down

Sales up slightly to € 635m from same nine-month-period of prior year. EBITDA for the AMAG Group at€ 109.9m in the first three quarters of 2012 (comparable period of 2011: € 124.6m).

November 6, 2012

Amag´s Management Shows Optimism

Gerhard Falch, CEO of the Austrian aluminum producer Amag expects satisfying results in the third quarter.

October 19, 2012

Hypo Alpe Adria Divests TLM-TVP in Croatia

The nationalized Austrian bank successfully has sold the aluminum hot-rolling mill TLM-TVP d.o.o. in Croatia to the Vienna-based Euris.

August 13, 2012

AMAG: Decline in Earnings

Today, the Austrian aluminum company presented the results of the second quarter and refers to the difficult market environment. Sales remained stable.

August 3, 2012

Takeover of Croatian Aluflex Failed

The Austrian Hypo Group Alpe Adria will not sell the Croatian aluminum group to the Swiss MTC (Montana Tech Components).

July 19, 2012

Euris Interested in Croatian TLM-TVP

The Austrian aluminum trader Euris shows interest in the Croatian aluminum rolling mill. Austrian Hypo Group is the seller, the Swiss Montana Tech Components is still a potential buyer.

June 18, 2012

TLM Sale Process Stopped

Austria´s Hypo Group sells the Croatian aluminum company TLM. After the signing with the designated buyer, the Swiss Montana Group, the sale must be re-started.

June 8, 2012

AMAG: Dividend of € 1.50 per Share Resolved

The Austrian aluminum producer enhances its dividend payout significantly. A bonus of € 0.75 was granted. The pay-out ratio reaches 60%.

May 19, 2012

AMAG Issues € 70m Bonded Loan

One year after its IPO, the Austrian aluminum producer issues a bonded loan in order to enlarge the main factory.

May 7, 2012

Voestalpine Erects New Wire Production Facility

The Austrian steel producer enlarges its production capacities for ultra-high tensile fine wires.

May 7, 2012

Decreasing Profit at AMAG

The Austrian aluminum producer published its results of the first quarter of 2012. Sales were down by 3.0% to € 207.7m, EBIT fell by 9.0% to € 22.4m.

May 4, 2012

AMAG Starts Investment Program

The Austrian aluminum company invests € 220m in the enlargement of the main site in Ranshofen, Upper Austria. RLB Upper Austria now holds a 16.5% stake.

April 26, 2012

AMAG Sale Completed

The last tranche in the Austrian aluminum producer AMAG was sold by CP Group/One Equity Partners to the Austrian B&C Industrieholding AG.

April 25, 2012

AMAG Appreciates Changes in Shareholder Structure

With B&C Industrieholding, the Austrian aluminum producer got a new major shareholder. RLB Upper Austria widens its share up to 16.44%.

March 19, 2012

30% in AMAG Sold to B&C Industrial Holding

One Equity Partners (OEP), a subsidiary of JP Morgan, sold a major stake in the Austrian aluminum company to B&C Industrial Holding.

March 16, 2012

B&C Holding Interested in 30% AMAG Stake

The industrial holding aims for entering the aluminum producer AMAG. RLB Upper Austria is interested too.

March 15, 2012

Pecik Unwanted at AMAG

A major shareholding in Austrian AMAG will be sold. Ronny Pecik, who is said to be interested, is not welcome.

March 7, 2012

Hammerer Aims For Growth in Italy

The Austrian aluminum company wants to acquire a site of the U.S. Alcoa in Italy.

March 7, 2012

AMAG´s CEO: “No Contact with Pecik”

The Chief Executive Officer of the Austrian metal company, Gerhard Falch, said he’s not been in contact with investor Ronny Pecik.

March 2, 2012

AMAG Posts Good Results in 2011

The Austrian aluminum producer recorded rising sales and earnings in 2011. However, results in the fourth quarter declined.

February 29, 2012

Pecik is Said to Enter AMAG

The Austrian investor, who holds a 20% stake in Telekom Austria, seems to be interested in the Austrian aluminum producer AMAG

February 23, 2012

Voestalpine Amends Expansion Plans

The Austrian steel producer intends to use its technologic leadership in the automotive component business for further expansion steps.

February 18, 2012

voestalpine Remains Below Expectations

The Austrian steel company records moderately rising revenues and a small increase in earnings. EBIT is up by 2.8%, revenues grew by 11.9%.

February 15, 2012

Major Order for voestalpine

The automotive division of the Austrian steel group received orders worth € 700m.

February 14, 2012

Major Orders for Siemens Austria From Mexico and Thailand

The Mexican steel producer Tyasa ordered the construction of a completed steelworks. In Thailand, Siemens Austria builds a roller plant.

February 11, 2012

Sale of Brixlegg Concluded

The former copper-division of the insolvent Austrian A-Tec Group has been sold to the Swiss Umcor AG.

February 10, 2012

SLR Group Plans Major Increase in Sales

The Austrian foundry company expects to realize sales of 60m in 2011/12. In the first half year, sales were up by 24%.

February 9, 2012

Merger of Glencore and Xstrata: voestalpine Not Concerned

The Austrian steel company does not feel affected by the merger between the two major commodity corporations Glencore and Xstrata.

February 8, 2012

Montana Tech Components Acquires Croatian Aluminum Companies

The Austrian financial investor MTC takes over the two largest aluminum companies in Croatia. Turnover of the acquisition targets amount to € 240m.

February 6, 2012

AMAG to Become New Owners?

About one third of Austrian aluminum producer´s shares are for sale. Raiffeisen and B&C are potential buyers.

February 4, 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

Plansee Group Sells PMG

The Austrian provider of metallurgically manufactured products sells the business division to a German asset management company.

December 16, 2011

Austrian Investor Interested in Croatian Aluminum Company

The Austrian financial investor Michael Tojner is a potential buyer of the Croatian aluminum manufacturer TLM-TVP, which is owned by Hypo Group.

December 10, 2011

Treibacher Takes Over Austria Email

The Carinthian company acquires the interest from Buy-Out Central Europe II, raising its stake to 90%.

November 11, 2011

No Signs of Slowdown at AMAG

The Austrian aluminum company reported solid growth figures for the first nine months of the year. Sales increased by 15%, EBIT was up 22% to € 90.7m.

November 4, 2011

Good Prospects for AMAG

The Austrian aluminum company expects satisfying results for the third quarter of 2011. Also analysts have high sales and profits estimations.

November 1, 2011

AMAG Builds New Plant in Canada

The Austrian aluminum manufacturer participates in a CAD 1.5bn contract. AMAG´s share is 20%. The project brings a new capacity of 355,000 tons.

October 31, 2011
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