Category Archives: Austria

Press Releases & News from Austria distributed via EuropaWire

Borealis Achieves FDA Approval for Borcycle™ M Post-Consumer Recycled Plastics in Food-Grade Packaging

(IN BRIEF) Borealis has received Letters of No Objection (LNOs) from the US Food & Drug Administration (FDA) for specific grades of its Borcycle™ M post-consumer recycled plastics (PCR) to be used in food-grade packaging. This milestone underscores Borealis’ commitment … Read the full press release

Borealis and AKVA Group Launch World’s First Renewable Plastic Workboat Hull, Redefining Aquaculture Sustainability

(IN BRIEF) Borealis and AKVA Group have collaborated to introduce a groundbreaking innovation in sustainable aquaculture: the world’s first workboat hull crafted from renewable plastic. Utilizing Borealis’ Bornewables™ range of renewable polyolefins, AKVA Group’s iconic Polarcirkel series now boasts a … Read the full press release

OMV Releases Comprehensive Sustainability Report 2023, Demonstrating Progress and Commitment

(IN BRIEF) OMV has unveiled its Sustainability Report 2023, providing insights into the company’s management and performance across key Environmental, Social, and Governance (ESG) aspects. Aligned with the UN 2030 Agenda for Sustainable Development and OMV Strategy 2030, the report … Read the full press release

Wienerberger Reports Strong Performance and Strategic Acquisitions in 2023

(IN BRIEF) Despite economic challenges, Wienerberger had a successful business year in 2023, boasting revenues of €4.2 billion and operating EBITDA of €811 million. The company’s resilience is attributed to its robust performance in infrastructure and renovation sectors, along with … Read the full press release

UniCredit Joins WWF Earth Hour Initiative, Reinforcing Commitment to Sustainability

(IN BRIEF) UniCredit, a prominent banking institution, is set to participate in the “WWF Earth Hour” initiative on March 23, 20.30 local time, for the 18th consecutive year. The bank will switch off lights in 33 of its buildings across … Read the full press release

ANDRITZ Partners with Lignatherm AG to Advance Eco-Friendly Insulation Board Production in Switzerland

(IN BRIEF) International technology group ANDRITZ has secured an order from Lignatherm AG to provide a pressurized refining system for a new insulation board production facility in Küssnacht am Rigi, Switzerland. Set to utilize locally sourced wood chips exclusively, the … Read the full press release

Advancing Sustainable Solutions: Metsä Group and ANDRITZ to Establish Lignin Refining Demo Plant

(IN BRIEF) Metsä Group has announced plans to build a demo plant for lignin refining at its Äänekoski bioproduct mill, with equipment supplied by ANDRITZ. Scheduled for completion in late 2025, the plant aims to refine lignin, a substance in … Read the full press release

ÖBB Unveils Next-Generation Railjet: A Leap Forward in Rail Travel Comfort

(IN BRIEF) Austrian Federal Railways (ÖBB) has launched its first Railjet of the new generation, marking a significant advancement in rail travel comfort. Developed and built by Siemens Mobility, these innovative trains boast numerous features aimed at enhancing passenger experience … Read the full press release

Andrea Herrmann Reappointed as CFO of Vienna Stock Exchange, Ensuring Stability and Continuity

(IN BRIEF) The Vienna Stock Exchange’s supervisory board has affirmed its commitment to stability and continuity by reappointing Andrea Herrmann as Chief Financial Officer (CFO) during its recent meeting. Herrmann, who has been a member of the management board since … Read the full press release

Borealis-backed Project STOP: Transforming Waste Management in Banyuwangi, Indonesia

(IN BRIEF) Project STOP, a collaboration between Borealis and Systemiq, has achieved significant milestones in its mission to improve waste management in Indonesia. Since its inception, over 400,000 individuals have gained access to waste services, leading to the collection of … Read the full press release

ANDRITZ to Enhance Tissue Production Efficiency in Derbyshire Mill: Sustainable Solutions at Forefront

(IN BRIEF) International technology group ANDRITZ has secured a turn-key order from Northwood Tissue Ltd. to implement a state-of-the-art PrimeDry Hood and air system for a tissue machine rebuild in Chesterfield, Derbyshire, England. Scheduled for completion in the third quarter … Read the full press release

EIB Supports GROPYUS to Revolutionize Sustainable and Affordable Housing in Europe

(IN BRIEF) The European Investment Bank (EIB) is injecting €40 million into German-Austrian PropTech GROPYUS to advance the construction of sustainable and affordable homes across Europe. GROPYUS specializes in employing digitalized, fully automated, and industrialized processes to produce multi-storey wooden … Read the full press release

Ireland’s NIMS Launches C-ITS Pilot Project for Enhanced Traffic Safety

(IN BRIEF) Ireland’s Network Intelligence and Management System (NIMS) initiative is set to revolutionize the country’s motorway network through a Cooperative Intelligent Transport Systems (C-ITS) pilot project, in collaboration with Kapsch TrafficCom. Integrated into the operational Traffic Management solution since … Read the full press release

ANDRITZ Secures Order for State-of-the-Art Pickling Section Upgrade at Salzgitter Steel Plant

(IN BRIEF) ANDRITZ, an international technology group, has been commissioned by Salzgitter Flachstahl in Germany to supply a new pickling section for its existing push pickling line handling heavy-duty steel grades. Originally supplied by ANDRITZ in 1992, the line’s successful … Read the full press release

ANDRITZ and NETZSCH Forge Strategic Partnership to Revolutionize Alternative Protein Market

(IN BRIEF) International technology conglomerate ANDRITZ and NETZSCH-Feinmahltechnik GmbH, a renowned leader in grinding and classifying technologies, have joined forces in a strategic partnership to cater to the burgeoning alternative protein market. This collaboration aims to leverage NETZSCH’s expertise in … Read the full press release

Borealis CEO Thomas Gangl’s Mandate Terminated by Mutual Agreement

(IN BRIEF) The Supervisory Board of Borealis and Thomas Gangl have reached a mutual decision to terminate Gangl’s mandate as CEO of Borealis AG, effective June 30, 2024. Gangl, with a career spanning over two decades at OMV, held key … Read the full press release

Vienna Stock Exchange Expands International Reach with Addition of Jump Trading Europe B.V.

(IN BRIEF) The Vienna Stock Exchange has broadened its international connections with the induction of Jump Trading Europe B.V. as a new international trading member, bringing the total membership to 70, with a significant portion comprising international banks and securities … Read the full press release

Södra Partners with ANDRITZ for Sustainable Upgrade of Mörrum Pulp Mill

(IN BRIEF) In a move towards enhancing sustainability and efficiency, Swedish forest industry group Södra has collaborated with international technology conglomerate ANDRITZ to upgrade three electrostatic precipitators (ESPs) at the Mörrum pulp mill. This mechanical and electrical refurbishment aims to … Read the full press release

ANDRITZ Unveils Comprehensive Automation and Digitalization Solutions for Feed Industry Advancement

(IN BRIEF) ANDRITZ, a leading provider of industrial technology solutions, has launched a comprehensive array of automation and digitalization solutions for the feed industry through its Metris digital platform. With a vision for fully autonomous feed plant operations by 2027, … Read the full press release

Vattenfall and Borealis Forge Renewable Energy Partnership to Drive Decarbonization

(IN BRIEF) Vattenfall and Borealis have entered into a groundbreaking long-term renewable hydropower purchase agreement (PPA) aimed at bolstering sustainability efforts. Starting January 2024, Vattenfall commenced supplying Borealis’ Stenungsund operations with 175 GWh per year of renewable energy sourced from … Read the full press release

Vienna Stock Exchange Facilitates Continuous Trading of Austrian Government Bonds, Enhancing Investor Accessibility

(IN BRIEF) A milestone development has unfolded as Austrian government bonds become continuously tradable on the Vienna Stock Exchange, allowing investors to engage in buying and selling activities throughout trading hours. Market makers such as Erste Group and Raiffeisen Bank … Read the full press release

ANDRITZ Delivers Milestone Pulp Mill to UPM, Spearheading Global Expansion

(IN BRIEF) International technology group ANDRITZ has successfully delivered the UPM Paso de los Toros pulp mill in Uruguay to forest industry giant UPM, marking UPM’s largest investment to date. The mill, equipped with cutting-edge technology from ANDRITZ, boasts a … Read the full press release

Borealis Marks 30 Years of Innovation: Accelerating Industry Transformation and Sustainability

(IN BRIEF) In March 2024, Borealis commemorates its three-decade journey as a pioneer and innovator in the polymers industry, celebrating its contributions to industry advancement and sustainability. Born from a merger between Statoil and Neste, Borealis has evolved into a … Read the full press release

Zumtobel Group Wins First-Ever ‘Sustainable Exhibition Stand’ Prize at Light + Building Trade Fair

(IN BRIEF) The Zumtobel Group, based in Vorarlberg, Austria, was awarded the inaugural “Sustainable Exhibition Stand” prize at the Light + Building trade fair in Frankfurt for its innovative and environmentally conscious booth concept. The concept, which blends sustainability with … Read the full press release

LUKOIL Initiates Construction of Solar Power Plant in Kazakhstan, Aiming for Sustainable Energy Solutions

(IN BRIEF) In a significant step towards sustainability, LUKOIL lays a commemorative capsule to signify the beginning of construction for a solar power plant (SPP) in the Almaty region of Kazakhstan. The project, with a design capacity of 4.95 MW, … Read the full press release

Austrian Industry Giants Spearhead Carbon-Based Value Chain Transformation

(IN BRIEF) Austrian companies Holcim, Verbund, OMV, and Borealis have wrapped up the C2PAT demonstration plant project, aiming to produce carbon-based products from unavoidable CO2 emissions. Instead of a joint pilot plant, each company plans to develop industrially upscaled plants … Read the full press release

ANDRITZ Reports Record-Breaking Financial Performance for 2023, Projects Growth in 2024

(IN BRIEF) International technology conglomerate ANDRITZ has announced unprecedented financial achievements for the fiscal year 2023, marking a second consecutive year of record highs. The company reported a remarkable surge in revenue, net income, and EBITA, reaching 8.7 billion EUR, … Read the full press release

EIB and Hypo Vorarlberg Partner to Finance Energy-Efficient Housing Projects

(IN BRIEF) The European Investment Bank (EIB) and Hypo Vorarlberg have inked agreements to fund the construction of highly energy-efficient residential buildings. The deal comprises a synthetic securitisation transaction and a funding transaction, totaling €61 million. This initiative aims to … Read the full press release

Austria’s Military Modernization: Skyranger 30 Systems to Bolster Air Defence Capabilities

(IN BRIEF) Austria is set to bolster its air defence capabilities with the procurement of 36 Skyranger 30 air defence systems mounted on Pandur EVO 6×6 vehicles from GDELS. This collaboration between Rheinmetall and GDELS marks a significant milestone in … Read the full press release

Kapsch TrafficCom Wins Connected and Automated Vehicle Award for Queensland Road Safety Project

(IN BRIEF) Kapsch TrafficCom, a key player in intelligent transportation systems, partnered with the Queensland Department of Transport and Main Roads (TMR) for a project in Queensland, Australia. Their collaboration led to the implementation of portable Cooperative Intelligent Transport Systems … Read the full press release

ANDRITZ Expands Pavatex Fiber Production Line, Boosting Capacity in France

(IN BRIEF) ANDRITZ, an international technology group, has bolstered Pavatex’s fiber production capacity with the delivery of a second production line to their Golbey facility in France. This expansion, integrated with a chip handling and pressurized refining system, marks a … Read the full press release

Wienerberger Exceeds Market Expectations with Strong 2023 Performance and Focuses on Sustainable Growth

(IN BRIEF) Wienerberger, an Austrian building materials company, reports robust full-year results for 2023, with total revenues reaching €4.2 billion and operating EBITDA hitting €811 million, driven by increased infrastructure and renovation activities. Despite challenges like inflation and rising interest … Read the full press release

ANDRITZ to Implement NOx Reduction System for TPC Group’s Power Boiler in Houston

(IN BRIEF) International technology group ANDRITZ has secured an order from TPC Group to install a Selective Catalytic Reduction (SCR) system aimed at reducing nitrogen oxides (NOx) emissions at the power boiler located in Houston, TX, USA. TPC Group’s decision … Read the full press release

Kapsch TrafficCom Implements MLFF Tolling System on Vital French Highways

(IN BRIEF) Kapsch TrafficCom has been awarded a tolling contract by APRR (Autoroutes Paris-Rhin-Rhône) to implement a Multi-Lane Free Flow (MLFF) tolling system on key autoroutes in France. This project involves installing nearly 30 gantries along approximately 430 kilometers of … Read the full press release

Kapsch TrafficCom Earns Top Marks in Carbon Disclosure Project for Second Consecutive Year

(IN BRIEF) Kapsch TrafficCom secures the third-highest grade in the annual Carbon Disclosure Project (CDP) for the second year running, showcasing its commitment to climate action and sustainability. Surpassing competitors in the electrical and electronic equipment sector, Kapsch TrafficCom’s exemplary … Read the full press release

ANDRITZ to Upgrade Evaporation Plant at Moorim P&P’s Ulsan Mill for Enhanced Efficiency

(IN BRIEF) International technology group ANDRITZ has secured an order from Moorim P&P in South Korea to upgrade the evaporation plant at its Ulsan mill, aimed at improving efficiency and resource conservation. The refurbishment project will focus on increasing the … Read the full press release

Metsä Group and ANDRITZ Forge Partnership to Slash Supply Chain Greenhouse Gas Emissions

(IN BRIEF) In a groundbreaking collaboration, Metsä Group and technology supplier ANDRITZ have joined forces to tackle Scope 3 greenhouse gas emissions, targeting reductions across their value chains. This partnership aims to revolutionize emission management by identifying innovative solutions that … Read the full press release

Advancing Traffic Management: Kapsch TrafficCom to Overhaul Sweden’s Signal System

(IN BRIEF) Kapsch TrafficCom has been chosen by the Swedish Transport Administration, Trafikverket, to replace Sweden’s national centralized traffic signal control and monitoring system. This project will enhance the country’s traffic management infrastructure by implementing Kapsch TrafficCom’s EcoTrafiX™ Command software, … Read the full press release

Kapsch TrafficCom Implements Cutting-Edge Truck Tolling System in Ras Al Khaimah, UAE

(IN BRIEF) Kapsch TrafficCom achieves a significant milestone with the successful installation of an advanced truck tolling system in the Emirate of Ras Al Khaimah, part of the United Arab Emirates. Replacing the previous plaza-based tolling system, the new multi-lane … Read the full press release

ASFINAG’s Austrian Toll Products Now Available via Tolltickets’ Online Portal

(IN BRIEF) tolltickets has expanded its digital toll product offerings by partnering with ASFINAG, increasing its sales network for toll services in Europe. Customers can now access ASFINAG toll products, including 1-day and 10-day vignettes, as well as individual tickets … Read the full press release