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Austrian Industrial Goods Headlines

World Steel Association Re-Elects Voestalpine CEO Eder as Chairman

The World Steel Association extended a nomination for the position of its chairman to incumbent Wolfgang Eder, CEO of listed Austrian steel group Voestalpine, Voestalpine spokesman Peter Felsbach told APA.


Voestalpine Not to Disregard Europe, Despite US Investments

Listed steel group voestalpine does not plan to turn its back on Europe or Austria, despite its US investments, the company's CFO Robert Ottel said at a financial symposium in Alpbach.

October 9, 2015

Voestalpine Wants to Invest More in Mexico

Listed steel group Voestalpine continues internationalization efforts, focusing on North America. The company is currently looking into the construction of a car part plant in Mexico. CEO Wolfgang Eder commented towards the press that Mexico was one of the most important markets of the future for both Americas, hence a relocation in the direction of Mexico. Eder himself called "Mexico the better Brazil”.

October 8, 2015

Voestalpine Celebrates 20th Anniversary at Stock Exchange

Linz steel group voestalpine has been listed at Vienna Stock Exchange since October 9, 1995 . The company used to be state-owned, called VoestAlpine. Since 1995 the company has turned into a steel giant and industrial technology group whose share price has risen six times in value, or by EUR 33.

October 7, 2015

City of Munich Orders More Trams from Siemens Austria

Munich has ordered more trams from Siemens Austria. Siemens is going to make 22 trams for EUR 70 million (USD 78 million) for the municipality. The city has also options to order another 124 tram units worth up to EUR 300 million.

October 2, 2015

Austrian Industry: Sentiment Worse Than Ever

"The worries over the industry haven’t been that strong since I have been active. Also, the sentiment among companies is worse than everything I have experienced over the past two decades” Christoph Neumayer, general secretary of Industriellenvereinigung (IV) told journalists in Vienna.

October 1, 2015

Austrian President Fischer Visits Bolivia

Austria’s Federal President Heinz Fischer will participate in a UNO assembly session in New York on Wednesday, and will travel to Bolivia afterwards. He will be in La Paz for two days, on an official visit meeting with President Evo Morales.

September 29, 2015

Rosenbauer, Do & Co and KTM Lead 3-Year Performance Ranking

Listed catering group Do & Co, fire fighting equipment maker Rosenbauer and automotive firm KTM emerged as the leaders of the 2015 edition of 3year Strategic Performance Test conducted among listed Austrian enterprises by Contrast Management Consulting.

September 24, 2015

German RAG Buys 11 Pct in Constantia Flexible for EUR 100 Mln

German foundation RAG is buying 11 percent in Austrian firm Constantia Flexibles for EUR 100 million (USD 112 million) from French majority owner Wendel.

September 23, 2015

Plansee Industries Buys Indian Firm in Bangalore

High performance materials maker Plansee took over 67 percent in Indian company Cobra Carbide, the daily Tiroler Tageszeitung reports.

September 18, 2015