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Austrian Industrial Company Headlines

C.A.T. Vs. CAT (Caterpillar)

Listed Austrian oilfield equipment maker C.A.T. oil AG was renamed officially to Petro Welt Technologies AG. The cause for this step was an ongoing dispute with U.S. construction machine maker Caterpillar Inc (CAT) due to the name rights.

Yesterday

Electromobility Offers Austria Huge Potential

Electromobility offers Austria a huge potential, a study commissioned by Klima und Energiefonds (KliEn) indicates. According to the study, by 2030 Austria’s automotive industry could gain EUR 3.1 billion in added value and 33,900 new jobs, thanks to the expansion of emobility.

August 22, 2016

Porr to Build New Zalando Headquarter in Berlin for EUR 100 Million

Porr Deutschland has secured a EUR 100million (USD 112.6 million) deal in Berlin as general contractor for the headquarter of online fashion retailer Zalando. The German construction arm of Porr will erect a building of 42,000 square meters over a period of 24 months, Porr announced.

August 22, 2016

Verbund and Voestalpine Deepen Collaboration

Verbund and Voestalpine are working on deepening their collaboration to start with, over a period of six years. One of the projects involves the construction of a photovoltaic installation near Voestalpine in Leoben. The energy management of the past is not the energy management of the future, Verbund CEO Wolfgang Anzegruber noted. He and Voestalpine head Wolfgange Eder call for politicians to create stable framework conditions.

July 28, 2016

Palfinger Cranes Raises H1 Net Profit 15 Pct Y/Y to EUR 39.7 Mln

Listed cranes producer Palfinger raised H1 net profit by 15.2 percent y/y to EUR 39.7 million (USD 43.7 million), the company said in a report.

July 27, 2016

Keba Electronics FY Revenues at EUR 181 Mln

Linz-based electronics firm Keba posted EUR 181 million revenues for the financial year ended as of the end of March, down from EUR 189.5 million (USD 208.7 million) a year earlier for accounting reasons, CEO Gerhard Luftensteiner said at a press conference.

July 26, 2016

Rosenbauer Fire Equipment Enters Joint Venture in Italy

Listed fire cars and equipment producer Rosenbauer is setting up a joint venture for the fire-fighting and rescue platform business in cooperation with Italian firm CTE SpA, the company said.

July 20, 2016

EUR 250 Million Order Brings Smart Meters to Styria

From the autumn of 2017 a major portion of Styrian households will have the so-called smart meters, intelligent electricity meters. Energie Steiermark together with 30 smaller energy companies organized a tender for a contract worth over EUR 250 million. Two producers from France France and Switzerland competed in the tender. The internal parts will come from ams in Unterpremstätten.

July 19, 2016

Donau Chemie Chemicals Co Unit Merges with US Firm

Donau Carbon, a unit of Vienna-based chemicals company Donau Chemie, will merge with the US activated carbon producer Standard Purification, the company said on Tuesday.

July 19, 2016

Refugees: Rosenberger Closure Incomprehensible for Asfinag

The closure of service station on the Brenner passage by the motorway service station operator Rosenberger is "not understandable” for Asfinag. The operator of companies on the Brenner passage were informed of the measures in advance. "During talks these measures were acknowledged and accepted” motorway maintenance company said.

July 19, 2016