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Doing Business with the United Arab Emirates: World Expo 2020 Opens in Dubai
The World Expo 2020, which kept its name despite being delayed to 2021, is set to begin in Dubai on 1 October. The United Arab Emirates (UAE) has been a particularly sought-after market for many Austrian companies. Read about the upcoming Expo, the economic relationship between Austria and the UAE, and some of the many Austrian companies that have found success there.
September 23, 2021
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ATX: AT&S and FACC to Join, Agrana and Zumtobel to be Removed
The ATX index composition of the Vienna Stock Exchange has been reviewed on its quarterly basis. FACC AG will be joining ATX for the first time since it became exchange-listed. AT&S AG will rejoin. Agrana and Zumtobel will be removed. Decisions on additions and removals to the index are based on average daily trading volumes and the free float capitalization of companies.
March 9, 2018
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Austria: Loss in Profits for Zumtobel
Zumtobel AG 1st Quarter Report (May – July 2013): Zumtobel Group reports substantial improvement in operating earnings.
September 3, 2013
Zumtobel: CEO Sommerer Resigns
After disputes about a new corporate strategy, the lighing producer sees a change of personnel in the board of managers. Ulrich Schuhmacher is becoming new CEO.
August 23, 2013
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Austrian Zumtobel Sells Factory in Australia
Because of abandoning of a business area, Tridonic, affiliate of Austrian light producer Zumtobel, sells its magnetic plant in Melbourne.
August 21, 2013
Zumtobel: New energy management for more efficient operations
Tridonic site in Dornbirn achieves ISO 50001 certification
August 8, 2013
Zumtobel Takes Over Chinese Affiliate
Listed light manufacturer Zumtobel Group has taken over the stakes of joint-venture partner Thorn Lighting Tianjin Limited.
July 29, 2013
Zumtobel to Close Plant in Austria
Tridonic, which is part of listed light manufacturer Zumtobel Group, will close its plant in Fürstenfeld in the province of Styria. 100 employees will lose their jobs.
June 25, 2013
Zumtobel: Factory Expansion Despite JCL Exit
Zumtobel stands by outsourcing of logistics despite JCL exit.
May 14, 2013
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Germany: Upgrade and Expansion at Zumtobel Plant in Usingen
Lighting manufacturer invests 1.2 million euros in energy concept and factory hall expansion. Annual energy savings of approx. 25 per cent. EU Green Building certification applied for.
May 2, 2013
Austria: Zumtobel Shows Profit Shrinkage and Faces Structural Measures
Group revenues fade by 1.8% to EUR 946.5 million (prior year: EUR 964.2 million) while adjusted EBIT totals EUR 29.5 million (adj. EBIT margin: 3.1%; prior year: 3.5%). Adj. EBIT is higher in Q3 than in prior year due to structural adjustment measures.
March 5, 2013
Lower Profits for Zumtobel
In the first six months of Zumtobel´s financial year, net income was down by 42.3%. Earnings decreased from € 43.6m to € 32.7m.
December 5, 2012
Profit Decrease at Zumtobel
In the first six months of 2012, revenues of the Austrian lighting company were down by 0.9%. Net income fell from € 13.7m to € 9m, earnings decreased by 30%.
September 5, 2012
Zumtobel: Dividend of € 0.20
The actions of Management Board and Supervisory Board of the Austrian lighting cokmpany in 2011/12 were ratified. A dividend of EUR 0.20 per share was approved by the Shareholders' Meeting.
July 30, 2012
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Zumtobel Group Strengthens its Presence in China
The Austrian lighting company announces that the newly built factory was opened in Tianjin, China, for road and tunnel lighting. R&D activities in China will be expanded.
July 12, 2012
Zumtobel Records Drastic Profit Cut
The Austrian lighting company announced ist fourth quarters results today. Consolidated revenues were up by 4.2% at € 1,280.3m (2010/11: € 1.228.2m). Zumtobel´s Profit for the year was 68.9% below previous year at € 16.0m.
June 27, 2012
Zumtobel: Weaker Results Ahead
The Austrian lighting company will present ist fourth quarter results of 2011/12 tomorrow. Zumtobel´s net income is anticipated to decrease substantially.
June 26, 2012
Zumtobel Expands LED Production
Tridonic, the Zumtobel Group’s lighting components brand, is expanding its production capacity for LED modules.
June 4, 2012
Zumtobel „Lights up“ Euro 2012
After its completed orders in Poland and in the Ukraine, Austrian lighting company expects to attain new orders in Eastern Europe.
June 1, 2012
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Zumtobel Expects Difficult Financial Year
Harald Sommerer, CEO oft he Austrian lighting company Zumtobel awaits a difficult financial year 2012/13.
June 1, 2012
Zumtobel Won Multi-million Contract in Vienna
The Zumtobel brand has succeeded in winning another multi-million contract in the Austrian capital.
May 24, 2012
Vienna Stock Exchange: Winners and Losers (2012-05-02)
Daily News-Flash from Vienna Stock Exchange. Upgrades and Downgrades, Winners and Losers.
May 2, 2012 · Updated: May 2, 2012; 13:05
Vienna Stock Exchange: Winners and Losers (2012-04-30)
Daily News-Flash at Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
April 30, 2012
Vienna Stock Exchange: Winners and Losers (2012-04-20)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
April 20, 2012
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Vienna Stock Exchange: Winners and Losers (2012-04-13)
Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
April 13, 2012
Zumtobel Introduces Global Management for all Production Plants
As part of its growth strategy, the Zumtobel Group is placing all Zumtobel brand production plants under uniform global management.
March 28, 2012
Vienna Stock Exchange: Winners and Losers (2012-03-10)
Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
March 10, 2012
Vienna Stock Exchange: Winners and Losers (2012-03-07)
Daily News Flash from Vienna Stock Exchange. Upgrades and Downgrades, Winners and Losers.
March 7, 2012 · Updated: March 7, 2012; 19:41
Zumtobel Recorded Losses in Third Quarter
Austrian Zumtobel Group recorded a 6.1% increase in revenues to € 964.2m in the first nine months of 2011/12. EBIT decreased substantially.
March 6, 2012
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Vienna Stock Exchange: Winners and Losers (2012-03-05)
Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
March 5, 2012 · Updated: March 5, 2012; 18:06
Vienna Stock Exchange: Winners and Losers (2012-03-01)
Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
March 1, 2012 · Updated: March 1, 2012; 18:05
Vienna Stock Exchange: Winners and Losers (2012-02-29)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
February 29, 2012 · Updated: February 29, 2012; 18:26
Vienna Stock Exchange: Winners and Losers (2012-02-25)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
February 25, 2012
Vienna Stock Exchange: Winners and Losers (2012-01-19)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
January 19, 2012
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Vienna Stock Exchange: Winners and Losers (2012-01-10)
Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
January 10, 2012 · Updated: January 10, 2012; 10:17
Vienna Stock Exchange: Winners and Losers (2011-12-13)
Daily News-Flash from Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
December 13, 2011
Vienna Stock Exchange: Winners and Losers (2011-12-09)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
December 9, 2011 · Updated: December 9, 2011; 18:00
Vienna Stock Exchange: Winners and Losers (2011-12-08)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
December 8, 2011
Vienna Stock Exchange: Winners and Losers (2011-12-06)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
December 6, 2011 · Updated: December 6, 2011; 18:01
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Zumtobel Registers Profits Decrease
The Austrian light technology company reports an increase in revenues by 8.4% in the first half year. EBIT was down by 10.1%
December 6, 2011
Zumtobel: Analysts Expect Decline in Results
The Austrian lighting manufacturer will record a decline in profits, but a rise in sales, analysts state.
December 3, 2011
Vienna Stock Exchange: Winners and Losers (2011-11-30)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
November 30, 2011
Vienna Stock Exchange: Winners and Losers (2011-11-24)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
November 24, 2011
Zumtobel Group Refinances Loan Agreement to 2016
The Vorarlberg-based lighting company and seven banks signed an agreement that will replace an existing syndicated facility of € 480m.
November 17, 2011
R&D Expenses on the Rise
The largest Austrian Enterprises increased their budgets for research & development by 9.6% on average. This is slightly beyond the global average (9.3%).
October 24, 2011
Vienna Stock Exchange: Winners and Losers (2011-10-21)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
October 21, 2011
29 Austrian Companies Ranked in "EU Industrial R&D Investment Scoreboard"
Benteler International, Voestalpine, Borealis, Intercell, Zumtobel are the first five Austrian firms in the “EU Industrial R&D Investment Scoreboard”. The ranking was prepared by the European Commission.
October 19, 2011
Zumtobel Invests in New Production Facilities
The Austrian lighting company expands its capacities as part of the company’s global growth strategy. Internal plans for up to 200 new jobs by 2020.
October 11, 2011
Vienna Stock Exchange: Winners and Losers (2011-10-05)
Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
October 5, 2011
Vienna Stock Exchange: Winners and Losers (2011-09-07)
Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.
September 7, 2011
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