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Indian Motherson Sumi to Acquire Peguform from Cross Industries
The Austrian industrial holding company found a buyer for the automotive component supplier which had been separated from the Polytec Group in 2009.
July 13, 2011
AT&S Confirms Outlook
The Austrian technology company reported a successful business year 2010/11 in its Annual General Meeting and increased its dividend pay-out significantly.
July 7, 2011
RLB OÖ to Sell Its Stake in Polytec
The Upper Austrian regional bank will sell its shares in the component supplier for approximately € 34m.
June 29, 2011
HTI Successfully Completed Capital Increase
The Austrian technological group raised € 6.6m of additional equity. The capital increase was over-subscribed by 26%.
June 27, 2011
Emerging Markets Boosting FACC
The Austrian aircraft component manufacturer relies on joint ventures in order to benefit from strong growth in emerging markets.
June 20, 2011
Miba Continues Its Growth Course
The Austrian component supplier’s level of orders reached a peak of € 260m. Sales increased by 41.5% to € 138.7m in the first quarter.
June 10, 2011
Polytec Sells the Interior Segment to the Toyota Group
The Austrian component supplier divests a business segment due to high competitive pressure. The buyer is Toyota Boshoku Europe.
June 9, 2011
HTI Announces Capital Increase
The Austrian technological group will raise about € 6.6m. Subscriptions for half of the volume have already been confirmed.
June 6, 2011
FACC: New Production Plant in China
The Austrian aircraft component manufacturer is planning the construction of a new site and considering going public soon.
May 23, 2011
HTI to Be Listed in the Prime Market
The Austrian technological group ascends to the prime market, the premium segment of the Vienna Stock Exchange, as of May 23, 2011.
May 20, 2011
Highly Satisfying Results for Polytec
The Austrian component supplier could definitively leave the crisis behind. EBITDA rose more than four-fold.
May 11, 2011
Miba Engine Running at Full Speed
The Austrian component supplier could significantly increase its results. EBIT could rise more than threefold. Investments are pushed strongly.
May 5, 2011
Profit growth for Frauenthal
The supplier firm reported a sales increase of 22%; profit ratios increased significantly.
May 3, 2011
FACC Reports Substantial Rise in Earnings
FACC AG returned to its planned rate of growth during the past fiscal year by virtue of strong operational business developments. Revenue rose 8% to € 272 m (previous year: € 251 m).
April 30, 2011
austriamicrosystems Reports Improving Results
austriamicrosystems reports year-on-year revenue and earnings growth for the first quarter of 2011 driven by robust demand across target markets.
April 29, 2011
High Tech Industries Achieves Turnaround
HTI High Tech Industries AG ("HTI"), currently listed in the mid market of the Vienna Stock Exchange, generated significant earnings growth in the first quarter of 2011.
April 29, 2011
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
Frauenthal: Staff Returns
The Styrian supply company was hard hit by the crisis. After an unavoidable workforce reduction, capacities are growing again.
April 19, 2011
Isovoltaic Cancels IPO
The Austrian solar technology company, which should have realized the IPO this week, intends to put effort into its growth without a stock market listing.
April 16, 2011
Polytec Achieves Turnaround
The Austrian component supplier could improve its results substantially. Net profits are in the black again.
April 7, 2011
FACC Expands Austrian Establishment
The Chinese aircraft component group accelerates the pooling of development activities at the Upper Austrian establishment.
April 5, 2011
Frauenthal: Turnaround in 2010 Completed
Revenue was up by 19% to € 539.4 m (m). Profits rose from € -29.4m to € +17.4m.
April 1, 2011
AT&S Expands in China
The Austrian electronics company plans to build a € 500m factory in China.
March 24, 2011 · Updated: March 24, 2011; 01:46
Pankl: Operating Profits Rising
Pankl Racing Systems AG confirms preliminary figures for the 15-month period 2009/10. EBIT doubled. sales remained stable.
March 22, 2011
FACC is Considering Going Public in Asia
The Austrian aircraft component manufacturer could soon be listed on the stock exchange in China.
March 11, 2011
Magna Europe in Euphoria
The Austrian-Canadian automotive supplier intends to increase car production significantly.
March 6, 2011
Austrian Construction Supply Industry Stagnates
After a sales decrease of 11% in the crisis year 2009, total sales stagnates at € 3.2bn. The number of employees falls by 3.1%.
March 3, 2011
Strong Increase in Sales for austriamicrosystems
austriamicrosystems reports financial results for fiscal year 2010. With net profits of € 23.1m, he company managed the turnaround.
March 2, 2011
Pankl Racing Systems AG: Doubling Profits, Stagnating Sales
The Austrian component supplier´s EBIT doubled both in the 12-month and 15-month periods. In 2011, Pankl intends to raise sales by 10%.
February 22, 2011
Record Sales for Würth Austria
The German supplier group recorded strong revenue growth. However, the operating result fell short of expectations
February 22, 2011
Semperit: Substantial Rise in Earnings
The Semperit Group could achieve a new revenue and earnings record in 2010. Revenue was up by 17.2%, EBIT rose by 18.4%.
February 18, 2011
Sales Increase at Frauenthal
The Austrian component supplier, which is listed on the Viennese Stock Exchange, could improve its financial data moderately.
February 16, 2011
Magna Pushes its Presence in Emerging Markets
The Austrian-Canadian automotive supplier intends to expand its international presence in the BRIC countries.
February 12, 2011
Miba AG Expands Management Board
Norbert Schrüfer will be appointed CEO of Technologies Group. F. Peter Mitterbauer, Jr., will take over the position of CEO of the Miba Friction Group.
February 2, 2011
Miba Enters into a Joint Venture in India
The Austrian Miba Sinter Group expands its global network with a sintered components manufacturing facility in India.
February 2, 2011
Austrian Production Output up by 7.0%
Positive production trends in industry and construction in October 2010; turnover +7.0%.
February 1, 2011
Engel Expands in China
Engel, the Upper Austrian machine builder, benefits from the economy and intends to triple the capacity of the Shanghai location.
February 1, 2011
Pankl: Acquisition of US-company
The Austrian technology company Pankl Racing Systems AG increases its stake in Californian aerospace subsidiary from 75% to 100%
January 29, 2011
Polytec: CEO Reduces own Shares
Polytec´s CEO Friedrich Huemer reduced stake for a partial refinancing of the buyback of properties.
January 29, 2011
Strong Increase in Sales at AT&S
The Austrian technology group records sales amounting to € 365m in the first nine months 2010, which is a plus of 34%.
January 26, 2011
Magna Expands Styrian Plants
The automotive supplier invests around € 30m for capacity expansion of in two Austrian locations to accept new orders.
January 22, 2011
Polytec Reduced Net Financial Debt by more than 50%
The Austrian component supplier closed an agreement about the repayment of the restructuring loan and records a strong increase in profitability in 2010.
January 21, 2011
SBO: Increase in Profits by 79%
The Austrian Oilfield equipment manufacturer Schoeller-Bleckmann (SBO) announces increasing sales as well as profits.
January 18, 2011
Bright Outlook For Magna
The Canadian/Austrian automotive component supplier today announced its financial outlook and expects a significant increase in sales as well as profits.
January 14, 2011
Stronach Sells Shares to Magna
The founder and long-time Chairman of the board of the Austria-Canadian Magna Group, Frank Stronach, only holds 5.14% now.
December 30, 2010
Polytec Sells Italian Subsidiary
Today Polytec Holding AG signed an agreement to sell 100% of the shares of Polytec Composites Italia (PCI) to Industrie Metallvakuum Ranger S.p.a. (IMR).
December 29, 2010
HTI Gets New Financing Structure
The stock exchange listed automobile supplier HTI ends its moratorium. Of € 140m original debts, € 104m are left.
December 27, 2010
NXP Sells Sound Solutions Business
The major electronic company NXP moves to the Styrian Gratkorn. The former Philips-subsidiary has sold its division for speakers located in Vienna, Austria.
December 26, 2010
Change in Magna´s Management
The Austrian-Canadian component supplier announces a change in its Board of Directors. Belinda Stronach leaves.
December 22, 2010
Order for Over € 100m for Voestalpine
The Austrian steel company receives an order for over € 100m by Daimler Trucks.
December 20, 2010
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