High Tech Industry

Technology Start-ups from Israel and Vienna Meet at a Conference

The consulting and tech company weXelerate will organize a conference to bring together the technological fields of Israel and Vienna. The conference will expect mostly Jewish young professionals and give them a platform.

February 20, 2023

EU Subcommittee of the Austrian Parliament Discussed on Future EU Economic Policies

The EU Subcommittee of the Austrian Parliament discussed future EU economic policy. The topics of artificial intelligence, digitalization, EU trade policy, the update of the EU industrial strategy of 2020 and the modernization of competition law.

April 20, 2022

Ukraine Crisis: Potential Impact of Russian Invasion on Ukrainian, Russian and EU Economies

The solution of the Russian aggression and violation of rights towards Ukraine, is of central importance for the world we want to live in. The Vienna Institute for International Economic Studies (WIIW) conducted a study on the potential economic impacts of a Russian invasion of Ukraine. Read their prediction for how an invasion would affect the economies of the EU, Russia, and Ukraine.

February 8, 2022 · Updated: February 11, 2022; 08:35

Economics Minister Schramböck Calls EU Chips Act "An opportunity for Europe"

The European Commission has unveiled its draft for the European Chips Act. Read about the Chips Act and why Economics Minister Schramböck called it "an opportunity for Europe."

February 8, 2022

Expo 2020 Dubai: Austria's Youth Showcase Their Innovation

The four teams that won Austria's "Innovative Youth" competition will get to showcase their projects at the World Expo 2020 in Dubai. Read about the competition and what the winning projects were.

January 27, 2022

Infineon Opened €1.6 Billion High-tech Chip Factory in Villach

After three years of planning and construction and a € 1.6 billion price tag, Infineon Technologies AG finally opened its new high-tech chip factory in Villach, Austria. Read more about the new factory, the chips produced there, and what Infineon does.

October 20, 2021

1.8 Million Euro Seed Funding for Austrian Crypto Investment Start-up

The cryptocurrency investment start-up Coinpanion is receiving € 1.8 million in seed investments from well-known investors in Austria and Germany. The lead investor is the German High-Tech Gründerfonds (HTGF), one of the most active venture capital funds on the European market. Read more about the start-up and those investing in it.

September 2, 2021

Economic Opportunity: Malaysian-Austrian Joint Statement on Cooperation

Malaysian Minister of International Trade and Industry Mohamed Azmin Ali met with the Austrian Minister of the Economy Margarete Schramböck. The pair discussed cooperation in the high-tech industry, education and more. The two ministers also signed a joint statement, affirming Malaysia and Austria's intention of further economic cooperation.

August 3, 2021

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

India and Austria Sign Agreement on Shipping

A Memorandum of Understanding (MoU) on Technology Cooperation in the Shipping and Ports Infrastructure was signed on Wednesday between India and Austria, IBNS reports.

October 5, 2012

Pioneers Festival 2012: Vienna is Hotspot for Innovative Companies

The place for more than 2,500 pioneers from all over the world as well as web, technology and mobile start-ups to network, present their innovations and exchange experiences.

August 29, 2012

Nokia Moves from Vienna to Budapest

The Finnish cell-phone company regroups and shifts its sub-headquarters for the CEE region from Austria to Hungary.

August 20, 2012

Pankl Performs Outstandingly

In the first six months of 2012, revenues were up by 25%, EBIT grew by 45%. Pankl announces an “excellent development of the Austrian aerospace subsidiary”.

August 20, 2012

Moderate Rise in Net Income at AT&S

The Ausstrian high-tech company AT&S reaffirms positive outlook for current financial year following modest first-quarter performance. Revenues were up by 14% and the EBITDA margin improved slightly.

July 24, 2012

Ams: Revenue Growth Reached 66%

ams reports second quarter and first half results. EBIT was up remarkably.

July 24, 2012

AT&S: Mixed Results Expected

Next week, the Austrian producer of semiconductors will publish its first quarter results. Analysts of Erste Group and RCB (Raiffeisen Centrobank) expect a rise in net income and revenues.

July 20, 2012

Mixed Results for Kapsch TrafficCom

Strong growth continues, revenues up 42% in reporting period. However, earnings below previous year due to project delays. Net income is slightly down.

July 17, 2012

Kapsch TrafficCom: Rise in Revenues Ahead

Analysts expect the Austrian IT company to record a substantial increase in revenues. The earnings are different.

July 16, 2012

AT&S: Management Board Re-Elected

Andreas Gerstenmayer will keep his function as CEO oft he Austrian high tech company. A dividend of € 0.32 per share has been resolved.

July 6, 2012

Stable Innovation Activity

57% of Austrian enterprises with 10 and more employees were innovation active. Innovation expenditure decreased, but the share of turnover of 1.7% remained constant.

July 5, 2012

Global Future - Expectations in Science and Technology

The Alpbach Technology Forum as part of the European Forum Alpbach is the largest platform for a research- and technology-related debate in Austria.

July 4, 2012

Austrian Companies at Semicon West

Strong presence of Austrian Companies at the biggest event for the global microelectronic industry.

July 3, 2012

Austrian Show Case „Engineering“ in Denmark

From 5. September 2012 to 6. September 2012, the Austrian consulting and engineering sector presents its knowledge and skills in Copenhagen.

June 29, 2012

Infineon to Invest € 250m in Austria

In 2012, Infineon Austria´s CEO Monika Kircher-Kohl wants to make investments of € 250m. The high tech company is already looking for new staff.

June 28, 2012

Austria Connect Canada 2012

2nd Austria Connect Canada 2012 Conference: Intensive exchange of experiences and views in Toronto on Research and Development.

June 28, 2012

Austrian Business Location: Further Slump in Competitiveness

According to the Swiss Management Institute IMD, Austria only ranks 21th among 59 analyzed countries. The Austrian tax policy is the absolute weak point.

May 31, 2012

Vienna hosts the 19th World Congress on Intelligent Transport Systems

The 19th ITS World Congress will be held from 22 to 26 October 2012 in Vienna, under the header ITS Vienna 2012 – Smarter on the way.

May 29, 2012

Efkon Strengthens its Market Position in India

New projects in India which were won by the Austrian toll solution supplier are worth approx. € 10m.

May 23, 2012

Keba Improves Results

The Austrian producer of electronic goods recorded a substantial rise in revenues. Earnings could be enhanced too.

May 19, 2012

Sorger Underlines Austrian Crisis Management

The President of the Federation of Austrian Industries Veit Sorger reaffirms the necessity of austerity and investments of the private sector.

May 19, 2012

Lam Research Expands in Austria

The U.S. company opens a new research laboratory in Villach (Carinthia) and thus makes a clear commitment to its Austrian operations.

May 18, 2012

AT&S Expands in the U.S.

The Austrian printed circuit board manufacturer opens second US office.

May 14, 2012

AT&S: Rising Revenues, Shrinking Profits

Total annual sales topped € 514 million, about 5% more than a year ago. Annual net income declined to € 26.5m after € 35.0m in 2010/11.

May 10, 2012

AT&S: Declining Profit Expected

The Austrian producer of semiconductors is epxected to achieve stagnating revenues and declining net income.

May 9, 2012

Austrians in the Centre of the Global IT Industry

The first Austrian companies from the IT industry are currently in California as part of the "Go Silicon Valley 2012" technology initiative.

May 3, 2012

U.S. Delegation Impressed by Austrian Urban Technologies

“Austria is probably 10 years ahead of the U.S. in regard to urban planning and implemented technologies,” was the credo heard from visiting U.S. experts on urban planning when visiting Austria in April 2012.

May 2, 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

BDI Receives Major Order from Hong Kong

The Austrian renewable energy company records an increase of € 9 million in the order volume for a multi-feedstock biodiesel plant in Hong Kong.

April 3, 2012

Kapsch TrafficCom Receives Order in Belarus

Kapsch TrafficCom receives order for a nationwide electronic toll collection system in Belarus. The contract value for implementation of the system reaches € 267m.

February 29, 2012

Andritz Supplies Equipment for Hydro Power Plant in Peru

Luz del Sur, one of the largest electric utility companies in Peru, has awarded Andritz Hydro a contract to supply the electromechanical equipment for the Santa Teresa hydropower station.

February 23, 2012

BWT Records Declining Profits

The Austrian water technology company sees its revenue target met, earnings were affected by brand building. Dividends have to be cut substantially.

February 13, 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

Kapsch Wins Contract in Ireland

The Austrian toll system supplier wins Irish Rail GSM-R tender for the implementation of a digital train radio system.

February 2, 2012

Major Order from Costa Rica for Andritz

The Austrian technology group Andritz was awarded a contract by the Institute of Electricity of Costa Rica.

February 1, 2012

RBI Structures Credit Facility for Chinese Company

Austrian Raiffeisen Bank International (RBI) finances delivery of the plant by Andritz-Group for Chinese Ganzhou.

February 1, 2012

AT&S: Profits Decreasing in Spite of Higher Sales

Mobile Devices’ sales for the third quarter reached a new record high of about € 83m. Revenues for the first three quarters of the year amounted to € 372m.

January 24, 2012

AT&S Launches Strategic Alliance with U.S. MFLEX

Multi-Fineline Electronix, Inc. and AT&S Austria Technologie & Systemtechnik Aktiengesellschaft, today announced a Strategic Alliance Agreement.

January 19, 2012

Austriamicrosystems Reports Strong Rise in Revenues

austriamicrosystems announces its preliminary financial information for full year and fourth quarter 2011.

January 19, 2012

Binder Creates New Technology Company

Binder+Co AG has started the 2012 financial year with the foundation of a new subsidiary in the shape of Bublon GmbH. Binder+Co Group now consists of a total of four companies.

January 16, 2012
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