Sponsored Content
Saudi Arabia
Erne Fittings First Austrian 100% Ownership in Saudi-Arabia
Erne buys a 50% share from the former joint venture company Mada in Jubail, Saudi Arabia.
June 4, 2012
Spindelegger: „The Reform Process has Become Unstoppable“
42nd Viennese seminar of the International Peace Institute on the Arab Spring: Austria´s Foreign Minister is optimistic for the Arab community.
May 29, 2012
Saudi-Austrian Forum in Vienna
Saudi Arabia and Austria celebrated the 55th anniversary of Saudi-Austrian relations. Foreign trade is growing substantially.
May 14, 2012
Global Demand for Solar Technology from Austria
Riyadh, the capital of Saudi Arabia, is currently home to the world's largest solar thermal plant. The technology behind this plant came from Austria.
May 8, 2012
Austrian Trade Mission 2012: “A Big Success”
With their trip to the Kingdom of Saudi Arabia, Austrian companies are highly satisfied.
April 5, 2012
Meeting between Saudi Monarchy and Austrian Embassy
The Austrian ambassador presented Investment opportunities to Saudia Arabia´s Prince Alwaleed.
March 20, 2012
Austria Benefits from Economic Boom in Saudi Arabia
An Austrian trade delegation is looking for Saudi partners. This year, the bilateral trade volume is expected to exceed € 1.0bn again.
March 14, 2012
IPIC Intends Further Increase in OMV
The second core shareholder of OMV, the Arab state fund International Petroleum Investment Company, which is situated in Abu Dhabi, plans another rise in its shareholding.
March 8, 2012
Eder: „Environmental Policy Endangers Economy“
Voestalpine´s CEO criticizes environmental specifications made by EU and domestic politics. Eder sees the danger of a de-industrialization.
March 5, 2012
New Riyadh Sewage Plant With Austrian Technology
Saudi Arabia's Minister signs contract over 80 Mio $ sewage purification plant. ILF participates in the awarded consortium.
March 5, 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
Lower Sales at Rosenbauer
The Austrian producer of fire fighting vehicles registered a 9% decrease in revenues. EBIT was down by 17%, order intake was up by 66%. Basic capacity utilization secured until 2014.
February 22, 2012
Austria Increasingly Popular for Arab Tourists
In 2011, Austria registered 580,600 guest nights by Arab tourists. Hence, Austria exceeded Switzerland as touristic destination.
January 25, 2012
Rosenbauer Wins Order worth € 245m in Saudi Arabia
The Austrian manufacturer of fire fighting vehicles has won the biggest order in the company’s history. 1,125 vehicles will be supplied.
December 16, 2011
World Tourism Day 2011: Guests from 50 Countries Visit Austria
According to statistics Austria, the diversification of the guest´s nationalities further increased. Culture-oriented travels become increasingly important.
September 26, 2011
RBI Hit by Bankruptcy of Saudi Arabian Company
The Austrian bank has problems with its credit business in Saudi Arabia. “An amount in the low hundreds of millions” is at risk.
July 4, 2011
Austria's Solar Industry Strives For Technological Leadership
The domestic solar energy industry calls for more research funding to ensure the continuation of success achieved also into the future.
May 4, 2011
Al Jaber Intends to make further Investments in Austria
Despite massive criticism of business partners and rumoured illiquidity, the Saudi investor Mohammed Al Jaber wants to realize further investment projects.
April 26, 2011
Al Jaber in Distress
Saudi investor Mohamed Al Jaber has to fight on several fronts in Austria. Kneissl awaits restructuring, loans are due.
April 23, 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
Österreichische Kontrollbank: "There are no Failures to be Feared"
Despite the unpredictable political and economic consequences of the turmoil in the Arab, OeKB Member of the Board Rudolf Scholten consideres that there will be no failures.
March 12, 2011
Ruttenstorfer: "OMV Stays in Libya '
Despite unpredictable developments, Austrian OMV stays in Libya. Neither are there any changes planned in other Arab countries.
March 10, 2011
Kapsch Expects New Orders from the Arab Region
Kapsch emerges as the new GSM-R market leader in the international trade fair Middle East Rail 2011 in Abu Dhabi.
March 2, 2011
Significant Growth for Borealis
The Austrian chemical company records substantial growth in sales. Profits grew from € 38m to € 333m.
February 26, 2011
Consumption Expenditure of Foreign Tourists Grows
Russian and Chinese tourists are proving to be particularly generous consumers in Austria. Overall sales rose by 23% in 2010.
February 3, 2011
Rieder Wins Major Contract in Saudi Arabia
The Austrian Company Rieder will supply roofing and facade elements for the world's largest energy research centre in Saudi Arabia
February 2, 2011
Voestalpine Expands into the Gulf Region
The Austrian steel group will manufacture rail components for Saudi Arabia over a joint venture.
November 16, 2010
Fast News Search
