The latest construction industry and company news and analysis from FriedlNews
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Austrian Construction Industry Headlines

Porr Builder Doubles H1 Net Profit Y/Y to EUR 10.8 Mln

Listed builder Porr raised H1 2015 net profit to EUR 10.8 million (USD 12.2 million) from EUR 5.1 million a year earlier, the company said in a report. EBIT jumped by 70.8 percent y/y to EUR 21.5 million.

August 28, 2015

Strabag Wins Road Deal in Poland for € 118 Million

Listed builder Strabag won a EUR 118 million (USD 135.4 million) contract in Poland for the construction of a 15 km motorway section between Woźniki and Pyrzowice plus one motorway maintenance facility, two rest stops, 29 bridges and wildlife crossings. Completion is supposed to take place in mid-2018.

August 27, 2015

DYI Chain Obi in Talks with Regulator on BauMax Takeover

German DIY chain Obi is reportedly in talks on the potential takeover of indebted retailer BauMax with Austrian competition authority BWB, APA was told by a source close to the process.

August 24, 2015

Cement Industry Bans Greenpeace Study

The Greenpeace report on the Austrian cement industry has been harshly criticized by the cement industry representatives, the Austrian cement industry association VÖZ.

August 17, 2015

Porr Poland Eyes EUR 240 Mln Revenue in 2-3 Years

Porr Polska Infrastructure, a unit of the Austrian group Porr which has taken over Bilfinger Polish assets, eyes exceeding the EUR 239m (PLN 1bn) mark in revenues in the next 2-3 years, CFO Jakub Chojnacki said as reported by the portal ISB news.

August 17, 2015

Greenpeace Looking Into Austrian Cement Plants

After the uncovering of HCB contamination in Carinthia, Greenpeace is undertaking to look into Austria’s eight cement works, to check for critical gaps in the system. The report "Focus waste management: how safe are Austrian cement works?” published on Monday indicates there is need for measures.

August 17, 2015

German Rohrdorfer Buys Cemex Locations in Austria and Hungary

Mexican cement group Cemex has sold off its locations in Austria (24 sand and gravel pits, 34 readymix concrete factories and one plant for the production of additives) and Hungary to Bavarian group Rohrdorfer. The contract was signed on Wednesday.

August 12, 2015

Asamer Industrial Group Exits Libya

Upper Austrian industrial group Asamer has exited its engagement in Libya, the daily Oberösterreichische Nachrichten reports.

August 12, 2015

Katzenberger Industries Wins Major Deal for Brenner Base Project

Tyrolean construction elements firm Katzenberger won a major deal for the supply of elements for the Brenner Base Tunnel project, the company's majority owner Kirchdorfer group said. The Brenner Base Tunnel investment, to be completed by 2026, is expected to cost EUR 8.5 billion.

August 11, 2015

Vorarlberg Builder Lands Deal for Construction of Refugee Centre

Vorarlberg-based wood builder Kaufmann Bausysteme from Reuthe (Bregenzerwald) secured a deal for the construction of two refugee centres in Germany. The total gross value of the order amounts to EUR 7.5 million (USD 8 million), Vorarlberger Nachrichten reports.

August 7, 2015