(IN BRIEF) Austrian Federal Railways (ÖBB) has placed an order for 70 trains with Siemens Mobility as part of a framework agreement secured in 2023. These trains, based on the Mireo platform, will be delivered in three different versions starting … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Matthä, Austrian Federal Railways (ÖBB), innovative, Michael Peter, Mireo trains, partnership, Siemens, Siemens Mobility, sustainability
(IN BRIEF) International technology group ANDRITZ has announced the establishment of a new business area called “Environment & Energy” to consolidate its environmental and energy-focused technologies, aiming to better align with the markets it serves. ANDRITZ Environment & Energy offers … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, Business Area, ENERGY, environmental, Financial, investment
(IN BRIEF) R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon, has unveiled its forest initiative called Green Cubes, aimed at accelerating global biodiversity rainforest conservation. Utilizing Hexagon’s reality capture technology, Green Cubes allows corporations to sponsor rainforest segments … Read the full press release
(IN BRIEF) International technology group ANDRITZ has joined forces with Powerhouse Controls, a leading drive system provider, to address the modernization needs of North American paper mills while minimizing production downtime. This partnership combines Powerhouse Controls’ drive solutions with ANDRITZ’s … Read the full press release
(IN BRIEF) Kapsch TrafficCom’s Spanish subsidiary is now managing Vitoria-Gasteiz’s traffic information and control systems, aiming to ensure safe and reliable urban mobility in the Basque city. The four-year contract, valued at EUR 4 million, covers the installation, operation, and … Read the full press release
(IN BRIEF) ORLEN has successfully acquired Doppler Energie, gaining a 100% stake in the company, which operates 267 service stations across Austria. With this acquisition, ORLEN’s network now includes nearly 3,500 modern service stations in seven European countries. The company … Read the full press release
(IN BRIEF) The Wiener Börse Akademie, in collaboration with the WIFI Management Forum and Wiener Börse AG, presents an opportunity for individuals to kickstart their financial resolutions by enhancing their financial knowledge. With a wide range of courses covering 30 … Read the full press release
Posted in Austria, Business, Economy, Education, Environment, Financial, Industrial, International Trade, Investment, Management, News
Tagged Education, Erwin Hof, Financial Knowledge, investment, New Year's Discount, partnership, seminars, Vienna Stock Exchange, Wiener Börse AG, Wiener Börse Akademie, WIFI Management Forum, workshops
(IN BRIEF) UniCredit Bank Austria has issued a Green Covered Bond worth €750 million with a maturity of nearly 5 years, following its sustainability strategy. This marks the third green bond issuance by the bank, with the bookbuilding process oversubscribed … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Philipp Gamauf, Robert Zadrazil, sustainability, UniCredit Bank Austria
(IN BRIEF) OMV Petrom, Southeast Europe’s largest integrated energy company, is set to acquire a 50% stake in Electrocentrale Borzesti, which holds a 1 GW capacity of renewable projects, including 950 MW of wind and 50 MW of photovoltaic, in … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania
Tagged acquisition, Aurel Arion, Christina Verchere, Electrocentrale Borzesti, OMV Petrom, partnership, Renovatio, Romania, sustainability
(IN BRIEF) Kapsch TrafficCom has achieved a milestone with the successful opening of the initial phase of the Moravski corridor and Ruma-Šabac highway tolling project in Serbia. The completed first stage, linking Ruma and Šabac near Belgrade, was executed in … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Technology, Transportation & Logistics
Tagged Carolin Treichl, Kapsch TrafficCom, Moravski Corridor, partnership, SERBIA, SmartTOLL, sustainability, Tolling Project
(IN BRIEF) The Vienna Stock Exchange faced a challenging year in 2023, marked by high interest rates, persistent inflation, and geopolitical tensions that impacted European stock markets. Despite these unfavorable conditions affecting trading activity, the exchange achieved a record year … Read the full press release
(IN BRIEF) International technology group ANDRITZ has secured an order from Papel Prensa S.A. to provide a complete old corrugated containers (OCC) line with a reject handling system for their mill in Buenos Aires, Argentina. The OCC line, initially processing … Read the full press release
Posted in Austria, Business, Industrial, Technology
Tagged Andritz, Argentina, Buenos Aires, Diego Colabardini, mill, old corrugated containers, Papel Prensa S.A., PrimeScreen X, top-quality paper
(IN BRIEF) Ionic Mineral Technologies (Ionic MT) has entered into a strategic partnership with ANDRITZ, an international technology group, to mass-produce critical battery materials for next-generation lithium-ion batteries. The collaboration aims to scale up Ionic MT’s nano-silicon production process to … Read the full press release
(IN BRIEF) ANDRITZ has successfully rebuilt a mechanical pulping line at Shandong Huatai Paper’s mill in China, increasing its capacity from 100,000 to 300,000 t/a, making it the world’s largest mechanical pulping line for printing and writing paper production. The … Read the full press release
(IN BRIEF) International technology group ANDRITZ has been awarded a significant follow-up order from Suzano, a leading Brazilian pulp and paper producer, to undertake a major conversion project at the Limeira pulp mill. The project aims to expand Suzano’s eucalyptus-based … Read the full press release
Posted in Austria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Brazil, Eucafluff® pulp, Jean Moraes, Leonardo de Figueiredo, Limeira Pulp Mill, partnership, sustainability, Suzano
(IN BRIEF) ANDRITZ, a leading international technology group, has announced the amicable resignation of Domenico Iacovelli, effective December 31, 2023. Iacovelli, who played a crucial role in overseeing the Metals business area, will be stepping down from the Executive Board. … Read the full press release
Posted in Austria, Business, Industrial, Management, News, Technology
Tagged Andritz, Domenico Iacovelli, Executive Board, Joachim Schönbeck, resignation
(IN BRIEF) On December 1st, the Orange County Transportation Authority (OCTA) celebrated the opening of the I-405 Express Lanes system, a pioneering infrastructure project designed and built by Kapsch TrafficCom. The state-of-the-art system, featuring FasTrak® transponder technology, offers commuters an … Read the full press release
(IN BRIEF) ANDRITZ, the international technology group, has secured an order from Dezhou Taiding New Material Science and Technology Co., Ltd. in China to provide a second chemi-thermomechanical (P-RC APMP) line for their mill in Pingyuan County, Shandong Province. The … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, CHINA, Dezhou Taiding, P-RC APMP Line, partnership, pulp production, sustainability, Zhang Qingchao
(IN BRIEF) The ÖBB Rail Cargo Group (RCG) has been awarded the EcoVadis Gold Standard for corporate social responsibility (CSR) for the third consecutive year. This recognition places RCG in the top 1% of companies in the rail freight transport … Read the full press release
(IN BRIEF) Austria’s Ministry of Defence has awarded Rheinmetall a contract worth €532 million (excluding value-added tax) for the comprehensive modernization of its existing Skyguard air defense systems, as part of its “Mission Forward” rearmament program. This ambitious project includes … Read the full press release
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