(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
Posted in Austria, Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged Austria, EIB, Europe, GROPYUS, housing, Markus Fuhrmann, Nicola Beer, partnership, sustainability
(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
Posted in Austria, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Austria, C-ITS Pilot Project, Ireland, Jack Chambers, Kapsch TrafficCom, NIMS, partnership, sustainability, traffic safety
(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
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged Andritz, Germany, partnership, Pickling Section Upgrade, Salzgitter Flachstahl, Salzgitter Steel Plant, sustainability
(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
Posted in Austria, Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, News, Technology
Tagged Andritz, Christian Kling, Germany, Matthias Kapp, NETZSCH, partnership, Protein Market, sustainability
(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
Posted in Austria, Business, Chemicals, Industrial, Management, News
Tagged Borealis, CEO, Daniela Vlad, Termination, Thomas Gangl
(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
(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
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Andritz, Mörrum Pulp Mill, partnership, Södra, sustainability, Sweden
(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
Posted in Agriculture, Austria, Business, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, automation, digitalization, Feed Industry Advancement, Sohail Nazari
(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
(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
(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
Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Aki Temmes, Andritz, expansion, Joachim Schönbeck, partnership, pulp mill, sustainability, UPM, Uruguay
(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
Posted in Austria, Business, Chemicals, Environment, Industrial, Management, Media, News, Technology
Tagged 30 Years of Innovation, Borealis, sustainability, Thomas Gangl, transformation
(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
(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
(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
Posted in Austria, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Technology
Tagged Borealis, carbon capture, Carbon Utilization, circular economy, climate neutrality, CO2 emissions, Cross-Sector Collaboration, decarbonization, GREEN HYDROGEN, holcim, Industrial Scale Projects, INNOVATION, OMV, renewable energy, VERBUND
(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
Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, Financial, investment, Joachim Schönbeck
(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
Posted in Austria, Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Austria, EIB, Germany, Housing Projects, Hypo Vorarlberg, Marjut Falkstedt, Michel Haller, partnership, sustainability, Thomas Östros
(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
(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
Posted in Austria, Awards, Industrial, Infrastructure & Utilities, Technology, Transportation & Logistics
Tagged Australia, Australian roadworks, Award, C-ITS, Connected and Automated Vehicle Award, IRS, ITS Australia Awards 2024, ITS Roadside Stations, Kapsch TrafficCom, Matthew McLeish, Queensland, roadworks, SCMS, TMR, traffic solutions
(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
Posted in Austria, Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, France, partnership, Pavatex Fiber, Soprema Group, sustainability
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