The latest industry and company news and analysis from FriedlNews
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Austrian Industrial Company Headlines

Voestalpine - Difficult business year 2009/10 successfully mastered

Due to the extremely challenging economic circumstances, in the business year 2009/10, the voestalpine Group incurred a significant decline in revenue and operating result compared to the previous year.

June 1, 2010

Gerot Lannach group takes over Varioform PET Verpackung GmbH from UIAG and Oberbank

Gerot Lannach Group takes over 100% of Varioform PET Verpackung GmbH from UIAG and Oberbank . The transaction was coordinated by BAST AG.

May 31, 2010

Strabag to team up with Lafarage

Strabag boss Hans Peter Haselsteiner said today his company wanted to protect itself from volatile cement market prices as the firm is set to cooperate with the cement production’s world market leader.

May 26, 2010

Balda AG extends supervisory board

At the 11th general annual meeting the shareholders of the specialist in plastics Balda consistently approved the proposals of the company´s board of directors by a clear majority despite critical voices from shareholders.

May 25, 2010

Lafarge and Strabag to create a common company in cement in CEE

Lafarge, the world leader in building materials, and STRABAG, Central and Eastern Europe´s largest construction company, are combining their cement activities in several countries of Central Europe.

May 25, 2010

Andritz receives further major orders from stainless steel producers in China

International technology Group Andritz has received orders with a total value of about 50 MEUR from two stainless steel producers in China.

May 25, 2010

Siemens VAI Expands in China and India

Upper Austrian Siemens VAI wants to radically expand its activities in China and India.

May 25, 2010

Tiger Lacke to enlarge production capacity in China

According to the Austrian Times, upper Austrian firm Tiger Lacke has announced it will increase its production capacity from 10,000 to 15,000 tonnes of powder lacquer annually near Shanghai.

May 19, 2010

Alfred Gusenbauer will be Strabag's chief of supervisory board

The former SPÖ Chancellor succeeds Waldemar Jud as head of the supervisory board of Strabag.

May 18, 2010

Alpine to retreat from hydro energy project

Bulgarian news agencies confirmed the retreat of Austrian building company Alpine from a common hydro-energy project with Austrian energy company EVN and Bulgarian state-owned company NEK.

May 17, 2010