The latest utilities industry and company news and analysis from FriedlNews
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Austrian Utilities Industry Headlines

Municipal Utilities in Vienna to Downsize

The municipal utilities company in Vienna (Wiener Stadtwerke) is cutting costs. The company intends to downsize, and by 2018 it plans to reduce its staff number (of currently 5500) by 900 in the energy sector. 800 of the affected employees will go into retirement.

June 13, 2016

US ContourGlobal, German Steag eye Verbund power's Mellach plant - daily

Listed power group Verbund reportedly enjoys interest from US energy group ContourGlobal and German electricity firm Steag in its Mellach plant, put up for sale, the daily WirtschaftsBlatt writes.

June 8, 2016

EVN Expands Drinking Water Segment in Lower Austria

Listed energy supplier EVN is expanding its potable water segment in Lower Austria, the management announced during the half-annual press conference. The company advocates a strong stabilization of power grids.

May 25, 2016

Porr Lands First Order in Great Britain

The Austrian construction company Porr is entering Great Britain. In a joint-venture with the Dutch A.Hak and a subsidiary of the Swedish construction group Skanska the company will build a high-pressure gas pipeline in a tunnel. The ordering party of the British gas distributor National Grid. The cost of the whole project is GBP 150 million (EUR 195 million), according to Porr.

May 23, 2016

EU Court Rules in Favour of Austria in Power Plant Dispute

Environmentalists were faced with an unfavorable ruling by the Court of Justice of the EU (CJEU) on Wednesday: the court dismissed a lawsuit filed against Austria in a dispute concerning the construction of a power plant at the river Schwarze Sulm in Styria.

May 4, 2016

22k Households Change Energy Provider in 2016 Campaign of Consumer Association

22k Austrian households switched to another electricity and/or natural gas provider in this year's campaign of consumer association VKI, a clear increase on some 12.5k in 2015.

May 3, 2016

Ex Chancellor Schüssel Remains Supervisory Board Member of RWE

Former Federal Chancellor of Austria Wolfgang Schüssel remains supervisory board member of RWE. The shareholder meeting held on Wednesday reappointed the former politician with a 95-percent majority of votes.

April 21, 2016

GE Austria to Lay Off 40

The savings measures of US industrial giant General Electric (GE) will affect Austria more than initially expected. The former Alstom plant in Vienna will lay off half of its staff of 80, trade unions GPA and ProGe announced. At the beginning of the year GE Austria indicated that the downsizing would be much smaller.

April 8, 2016

US Company Contour Moves European Headquarters from Paris to Vienna

The Vienna-based European headquarters will be the strategic centre for all thermal and renewable energy facilities in Austria, Italy, Czech Republic, Romania, Poland, Slovakia, Bulgaria, Armenia, Spain, Northern Ireland and Ukraine.

December 11, 2015

Strabag Builds EUR 37 Million Power Plant in Switzerland

Strabag AG is building the Rhone Oberwald run-of-the-river hydroelectric plant in the Swiss canton of Valais. The contract value of € 37 million comprises the construction of the necessary tunnels, galleries and underground chambers.

June 5, 2015