(IN BRIEF) The city of Pamplona has awarded a EUR 1.2 million contract to Kapsch TrafficCom to maintain its traffic management system. The agreement, initially set for 14.5 months with options for annual extensions, involves servicing roadside hardware, including traffic … Read the full press release
(IN BRIEF) India is exploring satellite tolling as a sustainable solution to combat traffic congestion, air pollution, and declining road maintenance resources. Using GPS, Galileo, and other satellite systems, this advanced tolling technology enables real-time, distance-based vehicle charges without extensive … Read the full press release
(IN BRIEF) Erste Group’s Private Banking division has been awarded the title of “Best Private Bank in Central and Eastern Europe” by both PWM/The Banker and Global Finance, marking a significant achievement in the CEE region. Erste received a total … Read the full press release
Posted in Austria, Awards, Banks, Business, Croatia, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Romania, Slovakia, Technology
Tagged Austria, Awards, CROATIA, Czechia, Erste Group, leadership, Maximilian Clary und Aldringen, partnership, Private Bank, Romania, Slovakia
(IN BRIEF) Sunderland AFC has partnered with Thorn and Zumtobel to complete a major lighting upgrade at the Stadium of Light. The installation aims to improve the matchday experience while supporting the club’s sustainability goals, providing a cutting-edge lighting solution … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sports, Technology, United Kingdom
Tagged Chris Ferguson, David Bruce, partnership, Paul Kilburn, sports, Stadium Lighting, Sunderland AFC, sustainability, Thorn, UK, upgrade, Zumtobel
(IN BRIEF) Turkish steel manufacturer Borçelik has selected ANDRITZ to supply a versatile combi-line furnace for a new cold strip mill in Bursa. This advanced furnace will support both galvanizing and annealing operations, enhancing Borçelik’s production of automotive-grade steel. The … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology, Turkey
Tagged Andritz, Borçelik, Furnace Installation, partnership, steel production, Turkey
(IN BRIEF) Kapsch TrafficCom urges the EU to include road tolling and traffic management in the EU Taxonomy, highlighting their potential for significant CO2 reductions and alignment with sustainability goals. The company’s white paper, available online, offers data-backed insights supporting … Read the full press release
Posted in Austria, Business, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged environmental impact, EU taxonomy, Georg Kapsch, Kapsch TrafficCom, Richard Lax, Road Tolling, sustainability, traffic management
(IN BRIEF) voestalpine’s expanded 24-hour childcare program at its Linz site has been warmly received by employees, especially those working in shifts. In its first year, the program has seen over a 30% increase in enrollment, with more than half … Read the full press release
(IN BRIEF) Deutsche Telekom has launched a new Christmas campaign, “Connections Begin When Barriers Break,” across ten European countries, emphasizing unity and tolerance. Through a heartwarming story of two young girls separated by a glass barrier, the campaign highlights the … Read the full press release
Posted in Austria, Business, Croatia, Financial, Germany, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, Montenegro, News, Poland, Romania, Slovakia, Technology, Telecom
Tagged Austria, Christmas campaign, Connection, CROATIA, Deutsche Telekom, Europe, Germany, holidays, Hungary, Montenegro, NORTH MACEDONIA, Poland, Romania, Slovakia, The Czech Republic, Ulrich Klenke, Unity
(IN BRIEF) Vienna Insurance Group (VIG) has launched Cyber Risk Solutions GmbH (CyRiSo) to support small and medium-sized businesses in managing cyber risks. CyRiSo provides a range of services, including risk assessments, incident response, and ransomware protection, helping clients mitigate … Read the full press release
Posted in Austria, Banks, Business, Financial, Germany, Government, Industrial, Insurance, Internet & Online, Investment, Management, News, Security & Safety, Small Business, Technology
Tagged Christiana Bruckner, Christoph Rath, Cyber Risk Solutions GmbH (CyRiSo), Cybersecurity, Germany, Michael Ganzwohl, partnership, SECURITY, SMEs, Vienna Insurance Group
(IN BRIEF) OMV has entered power purchase agreements with VERBUND and ImWind to secure 67 GWh of renewable electricity each year, meeting over 35% of its Schwechat refinery and Adria Wien Pipeline’s power needs. The supply, 65% from hydropower and … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Alfred Stern, decarbonization, ImWind, OMV, partnership, renewable energy, sustainability, VERBUND
(IN BRIEF) Kapsch TrafficCom has secured a 10-year extension to its partnership with the Riverside County Transportation Commission (RCTC), continuing to provide advanced tolling services and traffic management through 2041. The extension builds on seven years of successful operations, managing … Read the full press release
(IN BRIEF) At FAKUMA 2024, Borealis and key partners showcased advanced plastics processing solutions, focusing on sustainable materials for packaging and healthcare. Highlighting collaborations with companies like BMB, Engel, and ARBURG, Borealis demonstrated various applications using recycled and renewable feedstocks, … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Financial, Healthcare, Industrial, Investment, Management, Media, News, Security & Safety, Technology
Tagged Arburg, BMB, Borealis, Engel, Fakuma 2024, Healthcare, INNOVATION, ONI, packaging, partnership, Plastics Solutions, sustainability
(IN BRIEF) voestalpine has announced the sale of its German subsidiary, Buderus Edelstahl, to Mutares SE & Co. KGaA, a prominent investment company. The agreement, signed on October 23, 2024, is awaiting regulatory approval and is expected to be finalized … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, Technology
Tagged acquisition, Buderus Edelstahl, Germany, Herbert Eibensteiner, High-Performance Materials, Johannes Laumann, Mutares, partnership, Reinhard Nöbauer, sustainability, voestalpine
(IN BRIEF) At the 2024 “EY Entrepreneur of the Year” awards, Professor Helmut List, CEO and Chairman of AVL List, was honored with a special lifetime achievement award. Recognized for his pioneering role in the mobility and technology industries, List … Read the full press release
(IN BRIEF) wienerberger recently hosted its first-ever Investor Day in Sittingbourne, UK, where it presented its strategic focus on sustainable growth in the construction and infrastructure sectors. The company highlighted innovations in water management and roofing systems, positioning itself to … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology, United Kingdom
Tagged acquisition, First Investor Day, Heimo Scheuch, INNOVATION, roofing, sustainability, Terreal, water management, Wienerberger
(IN BRIEF) ANDRITZ has successfully started up its fifth PrimeLineCOMPACT S 1800 tissue machine at Xuan Mai Paper mill in Ho Chi Minh City, Vietnam, significantly increasing the mill’s production capacity. The machine produces high-quality tissue from virgin or deinked … Read the full press release
Posted in Austria, Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, partnership, Pham Van Dung, PrimeLineCOMPACT S 1800, sustainability, Tissue Machine, tissue production, Vietnam, Xuan Mai Paper Mill
(IN BRIEF) Green Mobility Partners, a new player in the European locomotive leasing market, has ordered up to 50 Vectron MS locomotives from Siemens Mobility, with an initial purchase of eight units. The Vectron locomotives, known for their cross-border travel … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andre Rodenbeck, Austria, Christoph Katzensteiner, Green Mobility Partners, partnership, Siemens, Siemens Mobility, sustainability, Vectron locomotives
(IN BRIEF) The Central Securities Depository in Prague, part of the Vienna-Prague Stock Exchange Group, has become the first institution globally authorized under the EU’s DLT pilot regime to operate a distributed ledger technology (DLT) market infrastructure. Starting in November … Read the full press release
Posted in Austria, Banks, Business, Czech Republic, Economy, Financial, Government, Industrial, Infrastructure & Utilities, International Trade, Investment, Management, News, Technology
Tagged Christoph Boschan, distributed ledger technology (DLT), Financial, investment, partnership, Petr Koblic, Securities Settlement Platform, Vienna-Prague Stock Exchange Group, Wiener Börse
(IN BRIEF) Cell Impact has partnered with international technology group ANDRITZ to enhance large-scale production of bipolar flow plates for fuel cells and electrolyzers. The collaboration focuses on integrating ANDRITZ’s new Soucell welding system, capable of welding one bipolar plate … Read the full press release
Posted in Austria, Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Andritz, Bipolar Flow Plate, Cell Impact, Daniel Vallin, Daniel Wenk, partnership, sustainability, Sweden
(IN BRIEF) ANDRITZ has successfully launched its first recycled fiber lines in Bangladesh at Lipy Paper Mills, marking a major step forward in the country’s paper industry. The two lines can process 150 tons per day of recycled materials and … Read the full press release
(IN BRIEF) Kapsch TrafficCom has successfully implemented a Multi-Lane Free Flow (MLFF) tolling system in the Bizkaia region of Spain, activated on July 1, 2024. This innovative system processes over 1.4 million transactions daily and significantly enhances traffic management by … Read the full press release
(IN BRIEF) ABB and Zumtobel Group have announced a strategic partnership aimed at advancing smart building solutions and direct current (DC) industrial applications. The collaboration will integrate ABB’s building automation solutions with Zumtobel’s advanced lighting management systems, creating efficient, sustainable … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, Austria, Direct Current Applications, Lucy Han, Oliver Vogler, partnership, Smart Building Innovations, sustainability, Switzerland, Zumtobel Group
(IN BRIEF) Wienerberger has announced its expansion into the Nordic market with the acquisition of Finnish company Slatek OY and Norwegian firm Tekken AS. This move aims to enhance its portfolio in smart water management and infrastructure solutions, adding approximately … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged acquisitions, Finland, Heimo Scheuch, Norway, partnership, Slatek OY, sustainability, Tekken AS, Water Solutions, Wienerberger
(IN BRIEF) The Lenzing Group, a leading provider of regenerated cellulose fibers, has announced its acquisition of a minority stake in the Swedish company TreeToTextile AB. This collaboration, which includes existing shareholders such as H&M Group, Inter IKEA Group, Stora … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Sweden, Technology
Tagged acquisition, Dr. Roxana Barbieru, Fiber Production, Lenzing, partnership, Rohit Aggarwal, sustainability, Sweden, textile industry, TreeToTextile
(IN BRIEF) The Vienna Stock Exchange reported a strong performance in the third quarter of 2024, highlighted by exceptionally high trading volumes, record bond listings, and a new peak for the ATX Total Return Index, which reached 8,706.77 points on … Read the full press release
Posted in Austria, Banks, Business, Economy, Financial, Industrial, International Trade, Investment, Management, News
Tagged Christoph Boschan, Financial, investment, Vienna Stock Exchange, Wiener Börse
(IN BRIEF) Kapsch TrafficCom has announced the successful opening of Complete 540 Phase 1, an extension of the Triangle Expressway in North Carolina, which commenced traffic on September 25th. This project enhances regional connectivity and aims to reduce travel times … Read the full press release
(IN BRIEF) ANDRITZ has successfully started up a new pulp mill for Liansheng Pulp & Paper in Zhangzhou, Fujian Province, China. The project included cutting-edge technology in all major areas of the mill, from chip handling and fiberline processes to … Read the full press release
(IN BRIEF) Thorn and Zumtobel have partnered with Red Bull Stadion GmbH to provide cutting-edge lighting solutions for the newly completed SAP Garden in Munich’s Olympic Park. The sports venue, designed by Danish architects 3XN, features a dynamic façade and … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Management, News, Sports, Technology
Tagged event, Munich, partnership, Red Bull Stadion GmbH, SAP Garden, sports, sustainability, Thorn, Zumtobel
(IN BRIEF) Scila AB, a leader in trade surveillance and risk management technology, has announced that Erste Group, a major European financial institution, has successfully implemented Scila Surveillance. The cloud-based solution is designed to monitor global trading activities across multiple … Read the full press release
Posted in Austria, Banks, Business, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Austria, Erste Group, Iris Bujatti, Mikko Andersson, partnership, Scila, Trade Surveillance Technology
(IN BRIEF) ANDRITZ has formed a strategic partnership with Swedish company PulPac AB to expand the sustainable packaging market using Dry Molded Fiber technology. This nearly waterless process molds cellulose fibers into recyclable, biodegradable products such as coffee lids, cutlery, … Read the full press release
(IN BRIEF) voestalpine, a leading international steel and technology group, has successfully issued its first green corporate bond, raising EUR 500 million. The five-year bond, which offers a coupon of 3.75%, was met with high investor demand and will be … Read the full press release
(IN BRIEF) ANDRITZ, an international technology group, has secured two contracts in Brazil to supply 330 MVAr synchronous condenser systems, which are essential for improving grid stability in regions increasingly reliant on renewable energy sources like wind and solar. These … Read the full press release
(IN BRIEF) voestalpine Railway Systems is showcasing its advanced rail solutions at InnoTrans 2024 in Berlin, the world’s leading transport technology trade fair, which attracts over 130,000 visitors. The company is presenting a range of products and services, including digital … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, Metals and Minerals, News, Technology, Transportation & Logistics
Tagged digital innovations, Franz Kainersdorfer, InnoTrans 2024, rail projects, voestalpine, voestalpine Railway Systems
(IN BRIEF) Mayr-Melnhof Karton AG and Wienerberger AG will join the ATX Global Players index, replacing BAWAG Group AG after a turnover review. The ATX Global Players index consists of companies generating over 20% of revenue outside Europe, currently featuring … Read the full press release
Posted in Austria, Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, International Trade, Investment, Management, News
Tagged ATX, AUSTRIACARD, Mayr-Melnhof, partnership, Wiener Börse, Wienerberger
(IN BRIEF) In response to the severe flooding in Austria, UniCredit Bank Austria has introduced an emergency aid package to support affected individuals and businesses. The package offers fast, unbureaucratic financing with up to €50,000 in overdraft facilities at a … Read the full press release
Posted in Austria, Banks, Business, Economy, Financial, Industrial, Investment, Management, News
Tagged Emergency Flood Aid Package, financial relief, Ivan Vlaho, UniCredit Bank Austria
(IN BRIEF) Borealis has joined the Finnish Environment Ministry’s Circular Economy Green Deal, committing to promoting a low-carbon, circular economy. The company plans to use 30 kilotons of Finnish plastic waste as raw material by 2035 and improve its energy … Read the full press release
(IN BRIEF) Quimicolor has opened the first spunlace production facility in Colombia with the support of ANDRITZ technology, marking a major step forward in local manufacturing. The new facility, located in Guarne, can produce 10,000 tons of nonwoven material annually, … Read the full press release
(IN BRIEF) Six major companies—Borealis, Covestro, Heraeus, Nextrom, Teijin Aramid, and Umicore—have launched the Sustainable Optical Fiber and Cable Industry Alliance (SOFIA) to promote sustainability across the optical fiber and cable sector. SOFIA aims to improve transparency, communication, and standardized … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Borealis, Covestro, Heraeus, Nextrom, partnership, sustainability, Sustainable Optical Fiber and Cable Industry Alliance (SOFIA), Teijin Aramid, Umicore
(IN BRIEF) Kapsch TrafficCom will present its latest transportation innovations at the ITS World Congress 2024 in Dubai from September 16-20. The company will showcase cutting-edge solutions like satellite-based tolling, multi-lane free-flow tolling, and advanced traffic management systems. Visitors to … Read the full press release
(IN BRIEF) Infineon Technologies has pioneered the world’s first 300 mm power gallium nitride (GaN) wafer technology, enhancing production efficiency by offering 2.3 times more chips per wafer compared to the previous 200 mm process. This breakthrough will accelerate GaN … Read the full press release
Posted in Austria, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Austria, gallium nitride (GaN) wafer technology, Infineon, Jochen Hanebeck, partnership, semiconductor
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