Sponsored Content
Siemens Austria

The 12th Arab-Austrian Economic Forum Featuring the Arab Republic of Egypt
This year's Austro-Arab Chamber of Commerce forum features the Arab Republic of Egypt as the guest country and focuses on energy, railway and tourism, while presenting an insight into Egypt’s economic landscape and development and highlighting lucrative investments the country has to offer.
October 19, 2021

COVID-19 Mass Testing in Austria: All Details
The 50 million Euro project of Austria's +240,000 mass tests will start after the lockdown on December 5. The mass tests will be started with the teachers, followed by the police officers and then the population, the government announced.
November 20, 2020


Siemens Austria Builds World's Largest Metro Project in Saudi Arabia

The Austrian unit of Siemens announced in Vienna Simmering at the rollout of the first vehicle that a "a very, very big order” has been secured. With six lines and a total route length of 175 kilometers, the capital of Saudi Arabia Riyadh is planning the world's largest subway project. Siemens is to supply the entire turnkey system for two driverless metro lines.
February 24, 2016


Austria: Mitsubishi Takes Over Majority Stake in Siemens‘ VAI

The industrial systems subsidiary of Siemens, VAI with the business location in Linz, is sold to Japanese competitor Mitsubishi Heavy Industries (MHI).
May 7, 2014


Siemens Austria Plans Radical Job Cut

The Austrian subsidiary of the German technology group wants to reduce its workforce.
July 16, 2013


Construction of voestalpine plant in US by Siemens and Midrex

voestalpine entrusts construction of the direct reduction plant in Texas to Siemens and Midrex.
July 5, 2013


Siemens VAI Lands Major Contract in China

Tangshan orders cold rolling complex from Siemens.
June 18, 2013


Siemens to Cut 1,000 Jobs in Austria?

No official figures were disclosed. However, there are “programs”, which have to be negotiated with employees, according to a spokesman.
May 24, 2013


Siemens Austria: Dividends Reach € 750m

This year, the Austrian subsidiary of the German technology group recorded a moderate profit decrease.
December 18, 2012


Siemens Austria Builds Wind Power Plant in Turkey

The Austrian subsidiary of the German technology group has received a major order from Turkey.
October 20, 2012


Austrian Business Delegation to Visit New Delhi and Mumbai

On the occasion of the official visit of Austrian Federal Minister Doris Bures (Ministry of Transport, Innovation and Technology) to India, the Austrian Trade Commission organises a high-ranking Austrian business delegation to Delhi and Mumbai.
September 25, 2012


Siemens Austria: Major Contract in India

A consortium led by Siemens Austria was awarded with a contract worth € 290m by the Indian National Mineral Development Corporation Limited (NMDC).
August 7, 2012


Siemens Austria to supply Electrical Works to Indian BMM Ispat

The Indian steelmaker BMM Ispat Ltd. ordered the core systems for an electrical steel plant from Siemens VAI Metals Technologies.
July 23, 2012


Siemens Austria and Verbund to Establish Electric Mobility Provider

The technology and electricity company found a joint venture in order to serve and develop the Austrian electric mobility market.
April 20, 2012


Turkey as Growth Market for Siemens Austria

Siemens Austria ´s CEO Wolfgang Hesoun regards Turkey as most attractive growth market, as the economy is highly diversified and shows high economic growth rates.
March 12, 2012


Voestalpine Awarded Major Contract in the UK

Austrian voestalpine Group has been awarded a major contract for the supply of roughly 20,000 tons of pre-cut heavy-plate shapes for Siemens Wind Power for the London Array offshore wind tower project in the United Kingdom.
March 5, 2012


Siemens Austria Got Major Order from India

The Indian National Mineral Corporation orders a sintering plant at Siemens VAI. The order volume totals € 120m.
March 1, 2012


Atos Keeps Vienna as CEE Headquarters

After the takeover of Siemens IT solutions (SIS), the French IT service provider keeps Vienna as headquarters for Central and Eastern Europe.
February 27, 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


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


Leitl Pushes Investments in Colombia

For Christoph Leitl, the President of the Austrian Chamber of Commerce, Colombia is the entry to South America for European companies.
February 7, 2012


Wind Power in Sahara: New Orders for Siemens Austria

The Austrian subsidiary of the German technology group Siemens achieved its first orders for the construction of wind power plants.
February 2, 2012


Siemens Austria Achieves Major Order in Russia

The Austrian subsidiary of the German technology group constructs the largest pellet plant in Russia.
January 4, 2012


Siemens Austria Reports Strong Performance

The Austrian subsidiary of the German technology group shifts € 1.0bn dividends to its headquarters. Operating results were highly satisfying.
December 20, 2011


Major Order from Russia for Siemens Austria

The Russian railway company RZD reserves eight high-speed trains “Velaro RUS”. The order will be delivered in January 2014.
December 20, 2011


Siemens Austria: Order from Belarus

Siemens VAI Metals Technologies received a major order from the Belorussian steel producer Byelorussian Steelworks (BMZ),
December 17, 2011


Siemens Austria Expands in China

Siemens Metals Techologies enlarges its production facilities in China. Investments of $ 80m are expected.
December 14, 2011


Siemens VAI Receives Order from India

The Indian JSW Steel placed a major order at the Austrian Siemens VAI.
December 8, 2011


Siemens Austria Finishes Dutch Gas Power Plant

The contract value for the gas and steam power plant amounts to € 570m. 1.4 million households will be served with electricity.
November 21, 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


Czech Railways Orders 16 Railjets from Vienna

Major Order for Siemens Austria from the Czech National Railways Ceske Drahy: the railway group exercises an option, which was reserved for the Austrian Federal Railways originally.
October 3, 2011


Siemens VAI: Major Order from South Korean Steel Industry

The Austrian Siemens VAI Metals Technologies has received the order to build a steelwork. The factory´s capacity should be 2m tons per year.
September 27, 2011


New Job for Former Finance Minister Pröll

Siemens Austria reduces the size of its Executive Board and appoints the former politician to its Supervisory Board.
September 9, 2011


Siemens Boss Peter Löscher to Stay until 2017

The Austrian manager will remain CEO of the German group for another five years. His contract will be extended until 2017.
July 25, 2011


Siemens Manufactures Parts for a New Train Generation in Graz

Siemens manufactures components for 130 new trains for the Deutsche Bahn (DB-German Railways) until 2030 in Graz. The contract is worth € 6.0bn.
May 11, 2011


voestalpine Awarded Major Contract in London

20.000 tons of pre-cut heavy-plate shapes from Linz, Austria, for windpark near London. Offshore wind tower project saving up to 560,000 tons of CO2 emissions.
April 30, 2011


Bulgaria: EVN Thermal Power Plant Almost Completed

The project of the Lower Austrian energy company EVN in Bulgaria will go into operation still this year.
March 17, 2011


Major order for Siemens Austria

The Austrian subsidiary of the German electronics group receives a new order from Poland for the construction of underground train sets.
February 26, 2011


Eastern Europe Slows Siemens Austria Down

The pre-crisis level has not been reached yet, says CEO Hesoun. Public savings programs prevent the technology company's growth.
February 9, 2011


Siemens Austria Receives an Order for Poland

The Austrian subsidiary of the German technology group will supply 35 trains worth € 272m of the new Metro-generation "Inspiro" to Poland.
February 3, 2011


Czech Railways Considers to Acquire ÖBB-Railjets

The Austrian Federal Railways doesn´t want to exercise its option to buy further Railjets from Siemens.
December 28, 2010


Success For Siemens Austria in Norway

The Austrian Subsidiary of the German technology group received orders of 32 ecological threepart subway-trains for the Norwegian capital Oslo.
December 22, 2010


Decline in sales at Siemens Austria

Sales have dropped by 20% but the profit situation is stable. Orders have improved by 14%.
December 16, 2010


SIS to be Sold to Atos Origin

The French Atos Origin Acquired Siemens IT Solutions and Services, both companies expect synergy effects. Drastic job cuts in Vienna are feared.
December 15, 2010


Siemens Opens Multimedia Center in Vienna

Vienna gets new headquarters. Siemens inaugurates a "World Competence Center" for multimedia with its own research areas.
November 25, 2010


Siemens Austria: New Orders from Bangkok

The Thai BTSC has placed an order at Siemens for 35 additional intermediate cars for the city rail system. Works in Bangkok start in 2012..
November 22, 2010


Siemens Austria Participates in Construction of Zagreb’s Main Train Station

The consortium Siemens AG Österreich and Elektrokem d.o.o from Zagreb has been awarded the contract for the delivery of a modern electronic switch system
November 18, 2010


Major Project for Siemens Austria in Georgia

Siemens Austria is involved in a project to develop the electricity industry in Georgia. The infrastructure project will act as a bridge between Russia and Turkey.
October 22, 2010


Siemens Graz: - Investment of 12 Million in Plant for Railway Bogies

Siemens is investing a total of twelve million euro at the Graz location. The plant for railway bogies will receive a new assembly line for wheel sets. In addition to the present 950 employees new jobs will be created.
October 8, 2010


Macquarie to take over Innovest from Siemens

The Macquarie Group acquires Siemens' Innovest KAG. Innovest's activities are an important platform for Macquarie Funds Group in Central Europe and fit into the strategy of Macquarie to build a global asset management company.
October 7, 2010