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Upper Austria
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AMAG: First IPO since 2007

After more than three yeas, a new company will be listed on the Vienna Stock Exchange: the aluminum company AMAG.
March 10, 2011
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Capital Increase for Lenzing AG

Lenzing and B & C announce plans for Public Offering of Lenzing shares. € 75m are to be raised.
March 9, 2011
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Borealis Invests in Linz

The Austrian-Arab plastics manufacturer builds a new plant for € 75m at the Upper Austrian location.
March 9, 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
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Significant Growth for Borealis

The Austrian chemical company records substantial growth in sales. Profits grew from € 38m to € 333m.
February 26, 2011


Rosenbauer Group: Growing Sales and Results

EBIT could almost double, revenues rose by 10%. However, the order intake decreased by 14%.
February 24, 2011


Strongly rising Sales and Earnings for Lenzing Group

The Lenzing Group, an Austrian operator in cellulose fibers for the textile and nonwovens industry, achieved record results in the 2010 business year.
February 22, 2011


voestalpine: EBIT Rise Three-Fold

The Austrian steel company voestalpine records a further progression of earnings in 3rd fiscal quarter 2010/11.
February 19, 2011


Lenzing Sells Plastics Filaments Business

The Austrian fiber manufacturer sells plastics filaments business to consortium headed by the US-American Global Equity Partners
February 19, 2011
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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


Burger is the New Chairman of the Vivatis Group

The food company, owned by RLB Oberösterreich obtains an industry expert with Armin Burger.
February 9, 2011


Energie AG Plans Capital Increase

The Upper-Austrian energy company is to raise funds in order to realize further investment projects.
February 7, 2011


Berglandmilch Merger Approved

The merger between the Austrian market leader Berglandmilch and Tirolmilch was approved by the Federal Competition Authority (FCA).
February 5, 2011


Eder Considers European Manufacturing Industry is at a Disadvantage

For the CEO of the Austrian steel company voestalpine, the European manufacturing industry is at a disadvantage, despite innovative leadership.
February 5, 2011
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Rising Sales at Internorm

The Upper Austrian window manufacturer increased its sales by 2% in 2010. Despite domestic sales falling, exports are growing all the better.
February 3, 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


Hypo Upper Austria Reports stable Profits

According to the management, the regional bank could exceed its own expectations. Annual profit was € 27m.
February 1, 2011


Member of the Board of the Stock Exchange to be Scharinger's Successor?

Heinrich Schaller, Member of the Board of the Vienna Stock Exchange is considered as favorite to succeed the longtime CEO of Raiffeisen Landesbank OÖ.
February 1, 2011


Increase in Passengers at Austrian Airports

Every of the six Austrian Airports could record substantial growth in passengers in 2010. Their number rose by 7.9%.
January 31, 2011
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voestalpine Intends to Strengthen Equity Capital Base

The Austrian steel company plans to make itself more independent from debt. In spite of growing profits, investments remain low.
January 27, 2011


Upper Austrian Manufacturing Industry on Investment Course

AMAG and Lenzing show ambitions to be listed again on the Vienna Stock Exchange. Energie AG massively increases its investment budget.
January 21, 2011


Oberbank is Expanding

Oberbank boss Franz Gasselberger has big plans. The branch network will be expanded this year by eight new branches to 150. The banker’s focus of expansion is Vienna.
January 19, 2011


Mixed Results for Linz Airport

2010 ended with a historical record in freight earnings for the “blue danube airport linz” However, regular passenger volumes decreased slightly.
January 15, 2011


Sales Increases for the Pfeiffer Group

The Upper Austrian commercial group increased its sales last year to € 682m. Price pressures are however immense, according to Pfeiffer.
January 13, 2011
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Austrian Regional GDP Growth: Upper Austria Quotes Statistics

Gross regional product 2008: Upper and Lower Austria reached a nominal growth rate clearly above the national average
January 13, 2011


Smurfit Kappa Nettingsdorfer Reports Production Record

The paper manufacturing company reports increasing production numbers. However, sales are decreasing substantially
January 7, 2011


Demands for Financial Transactions Tax

The Chairman of the Austrian Provincial Governors’ Conference, Josef Pühringer, demands the introduction of a pan-European financial transactions tax.
January 7, 2011


RLB OÖ Records Substantial Growth

Raiffeisenlandesbank Oberösterreich experiences a 11.8% increase in operating profits. Cost-Income ratio further decreases.
December 31, 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
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voestalpine: Change in Executive Board

The Supervisory board has decided the succession of executive board member Mülner. His successor as head of the Railway Systems Division is Franz Kainersdorfer.
December 16, 2010


Linz AG: Decrease in Operating Profits

The Upper-Austrian energy supplier experiences a slight increase in sales. Profits declined. However, the board states to be “satisfied”.
December 14, 2010


Voestalpine: Doubling of Sales in Five Years

By 2015, the Chairman of the Board of the Austrian steel group, Wolfgang Eder, intends to achieve sales over € 15b billion through expansions.
December 6, 2010


Stable Results and Sales Growth for Swietelsky

The Upper Austrian construction company recorded a strong growth in sales (+7.1%) in the first half-year. Results only vary slightly.
November 30, 2010


Austerity Package: Resistance from the Federal Provinces

While cries for savings are getting louder in the provinces, declarations of both consensus and objections come from the provincial capital cities
November 8, 2010
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