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Austrian Industrial Goods Headlines

EC Okays Sale of Duropack to British DS Smith

The European Commission agreed on Friday to the sale of Austrian paper producer Duropack to British packaging manufacturer DS Smith. The EC had no competition-related concerns.

May 22, 2015

Mayr-Melnhof Closes Facility in Gunskirchen

Stock-listed cardboard maker Mayr-Melnhof is closing down its folding-box factory in Gunskirchen, in order to focus production in Vienna by the end of the year. 100 people will lose their jobs.

May 22, 2015

Chain Maker Pewag will Build Plants in Czech Republic Worth EUR 30 Million

Prague daily Hospodářské Noviny reports about the expansion of the production of Austrian chain maker Pewag, which will invest EUR 29.24m (CZK 800m) into new plants in Vamberk and Chrudim. The investment should create roughly 200 jobs.

May 19, 2015

Voestalpine Steel Managers End Rail Track Cartel Trial with Fines

Voestalpine steel six managers will not be facing legal consequences over the so-called track cartel as the court procedure over the case was concluded, the Bochum regional court said Monday. The defendants will have to make payments totaling EUR 290k instead.

May 19, 2015

Timber Industry Opposes New Romanian Forestry Law

The new forestry law in Romania is causing a lot of opposition, especially on the part of timber industry representatives and of the main pinewood processing company in Austria, Holzindustrie Schweighofer. Last autumn the firm threatened the PM with mass lay-offs, should the new law come into effect in the planned form.

May 15, 2015

RHI Refractories Raises Q1 Net Profit to EUR 21.1 Mln

Listed refractories group RHI posted EUR 21.1 million (USD 23.75 million) in Q1 net profit, up by 6.6 percent y/y but slightly below expectations for EUR 22.7 million, the company said in a report out Wednesday.

May 13, 2015

Romania Orders Inspections of Timber Company Holzindustrie Schweighofer

Romania’s Environment Ministry has launched a probe into activities of Austria’s timber producer Holzindustrie Schweighofer, it was announced last week, on account of suspicion of polluting practices of the company. Holzindustrie Schweighofer repudiates all accusations.

May 11, 2015

Siemens Job Cuts Not to Affect Austrian Operations

Austrian facilities of German industrial giant Siemens will not be affected by the planned extensive layoffs, Siemens Austria spokesman Walter Sattlberger told APA.

May 7, 2015

Voestalpine to Expand Bulgarian Plant

Listed steel group voestalpine will conduct some EUR 2.5 million (USD 2.8 million) expansion of its Sofia-based plant and create 52 new jobs, the Bulgarian unit's representative Simeon Evtimov said.

May 6, 2015

Semperit is Allowed to Take Over German Profile Producer Leeser

Listed rubber and plastics producer Semperit has secured the regulatory approval for the takeover of German profile manufacturer Leeser, the Austrian firm announced.

April 29, 2015