(IN BRIEF) The European Investment Bank (EIB) and Erste Bank Austria have jointly provided loans of up to €79.2 million to WLK energy for the construction of the new Engelhartstetten wind farm in Lower Austria. This wind farm will consist … Read the full press release
Posted in Austria, Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Austria, EIB, Engelhartstetten Wind Farm, Erste Bank Austria, Gerda Holzinger-Burgstaller, green energy transition, Mario Wohanka, partnership, Stephan Pernkopf, sustainability, Thomas Östros, WLK energy
(IN BRIEF) Kapsch TrafficCom is entering a strategic partnership with Exeger to develop eco-friendly communication solutions with self-charging capabilities. They will utilize Exeger’s solar cell technology, Powerfoyle™, which converts various light sources into renewable energy. This collaboration aims to reduce … Read the full press release
(IN BRIEF) Kapsch TrafficCom has unveiled a strategic partnership with Spain’s Comillas Pontifical University to establish a ‘Chair for Smart and Sustainable Mobility.’ This collaboration aims to explore various aspects of urban mobility, conduct in-depth analysis, and propose innovative policy … Read the full press release
Posted in Austria, Business, Education, Environment, Financial, Government, Industrial, Investment, Management, News, Spain, Technology, Transportation & Logistics
Tagged Alfredo Escribá, Comillas Pontifical University, Kapsch TrafficCom, Mariano Ventosa, partnership, Spain, sustainability, sustainable urban mobility
(IN BRIEF) voestalpine, a steel and technology company, reported its financial performance for the first half of the 2023/24 fiscal year. The company faced economic challenges with declining revenue and earnings due to a changing economic landscape. While some sectors … Read the full press release
(IN BRIEF) The Lenzing Group and Swedish pulp producer Södra have received the ITMF Award 2023 in the “International Cooperation” category for their collaborative efforts in textile recycling and the circular economy. This recognition was presented at the ITMF Annual … Read the full press release
Posted in Austria, Awards, Environment, Industrial, Sweden, Technology
Tagged CHINA, Christian Schindler, circular economy, cotton, International Textile Manufacturers Federation, ITMF, ITMF Annual Conference, ITMF Award 2023, Keqiao, Lotta Lyrå, nonwovens, OnceMore®, polyester, pulp, pulp producer, REFIBRA™, Södra, specialty fibers, Stephan Sielaff, textile, TEXTILE RECYCLING, The Lenzing Group
(IN BRIEF) The Supervisory Board of voestalpine AG has announced the appointment of Gerald Mayer to its Management Board as the Chief Financial Officer (CFO), effective from April 1, 2024. Mayer, a finance expert with international industry experience, will serve … Read the full press release
Posted in Austria, Business, Industrial, Management, Metals and Minerals, News, Technology
Tagged appointment, Gerald Mayer as CFO, Herbert Eibensteiner, leadership, Robert Ottel, voestalpine AG, Wolfgang Eder
(IN BRIEF) The Lenzing Group, a global supplier of specialty fibers for textiles and nonwovens, has reported its Q3 2023 results, reflecting ongoing challenges in the market. The company’s revenue for the first three quarters of the year decreased by … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Economy, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Lenzing Group, Nico Reiner, Stephan Sielaff
(IN BRIEF) Borealis, a leading provider of innovative solutions in the plastics industry, has announced the successful completion of its acquisition of Rialti S.p.A., a prominent European polypropylene (PP) compounder specializing in sustainable PP compounds made from mechanically recycled feedstock. … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Technology
Tagged acquisition, Borealis, Italy, Lucrèce Foufopoulos, Massimo Dal Toso, partnership, polypropylene, Recyclate-Based, Rialti, sustainability
(IN BRIEF) Elli, a brand under the Volkswagen Group, has introduced Elli Fleet Charging, an intelligent solution for managing and optimizing electric vehicle (EV) fleets across Europe. Initially available in Germany, Italy, Spain, and Austria, the platform allows companies to … Read the full press release
Posted in Austria, Automotive, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Spain, Technology, Transportation & Logistics
Tagged Austria, electric vehicle, Elli, Elli Fleet Charging, Europe, Germany, Giovanni Palazzo, Italy, partnership, Spain, sustainability, Volkswagen
(IN BRIEF) Kapsch, a leading transportation solutions provider, has developed advanced Weigh in Motion (WIM) systems to address the challenges posed by overweight and overloaded vehicles on roads. These systems accurately measure axle and total weights, detect weight categories and … Read the full press release
(IN BRIEF) In the third quarter of 2023, ANDRITZ, an international technology group, achieved substantial growth in revenue, earnings, and net income compared to the previous year. While the total order intake declined due to the absence of a large … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, Financial, GREEN HYDROGEN, investment, Joachim Schönbeck, partnership, sustainability
(IN BRIEF) GUTEX, a leading wood fiber insulation board manufacturer in Germany, has successfully implemented a cutting-edge ANDRITZ fiber preparation system at its Eschbach facility. This achievement marks the second collaboration between GUTEX and ANDRITZ and showcases their commitment to … Read the full press release
Posted in Austria, Business, Environment, Germany, Industrial, Technology
Tagged Andritz, ANDRITZ RotaBarker, chipping, debarking, debarking system, Eschbach, Fiber Preparation Line, fiber preparation system, fibers, Germany, GUTEX, HHQ-Chipper, Michael Rupp, Oliver Bauch, softwood chips, Wood fiber insulation board, wood fiberboard insulation
(IN BRIEF) The Supervisory Board of Kapsch TrafficCom AG has decided not to extend the contract of Andreas Hämmerle, who serves as the Chief Financial Officer (CFO) and is set to remain in his role until 2024. Consequently, Georg Kapsch, … Read the full press release
Posted in Austria, Business, Industrial, Management, News, Transportation & Logistics
Tagged Andreas Hämmerle, appointment, CEO, CFO, Georg Kapsch, Kapsch TrafficCom, leadership
(IN BRIEF) Borealis, a leading provider of sustainable polyolefin solutions and base chemicals, has forged a long-term Power Purchase Agreement (PPA) with Alpiq, a Swiss energy services provider and European electricity producer. Under this agreement, starting from early 2024, Alpiq … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Financial, Finland, Government, Industrial, Investment, Management, News, Switzerland
Tagged Alpiq, Borealis, Finnish, Matti Ahtosalo, partnership, renewable energy, sustainability, wind farm, Wolfram Krenn
(IN BRIEF) During the Borealis Innovation Day held in Linz, Austria, on October 17, 2023, the Borealis Innovation and Technology team announced the recipients of the Borealis Scientific Innovation Award (BSIA) and the InnoTech Recognitions. The BSIA aims to identify … Read the full press release
(IN BRIEF) Lenzing Group, a global leader in wood-based specialty fibers, is introducing innovations in protective wear. They’ve developed the Lenzing Fiber Identification System to enhance material transparency and traceability for their LENZING™ FR (flame resistant) cellulosic fibers. This system … Read the full press release
Posted in Austria, Environment, Industrial, Security & Safety
Tagged cellulosic fibers, ClimatePartner, fibers, flame resistant, Lenzing Fiber Identification System for LENZING™ FR, Lenzing Group, LENZING™ FR fibers, material transparency, Oliver Spöcker, protective garments, protective wear, quality assurance, traceability
(IN BRIEF) voestalpine has officially opened an advanced special steel plant in Kapfenberg, Austria, marking a significant technological advancement in high-performance materials for automotive, energy, and aerospace industries. The plant, known for its high degree of digitalization and sustainability, is … Read the full press release
(IN BRIEF) Kapsch TrafficCom has implemented an advanced toll collection system called MLFF (Multi-Lane Free Flow) in Santiago de Chile’s metropolitan area. This system facilitates over 1.6 billion transactions annually across nine urban highways in Santiago and extends to two … Read the full press release
Posted in Austria, Infrastructure & Utilities, Technology, Transportation & Logistics
Tagged Autopista Central, Carlos Wiedmaier, Chile, in-vehicle tags, intelligent traffic management solutions, Kapsch TrafficCom, Samuel Kapsch, Santiago, sustainable mobility, toll, tolling systems, transportation solutions, urban highways
(IN BRIEF) The nominees for the Brick Award 24, an international prize for brick architecture, have been announced, with 50 projects selected from 743 submissions across 54 countries. These projects showcase innovative and sustainable uses of brick as a building … Read the full press release
Posted in Austria, Awards, Business, Construction, Environment, Industrial, Infrastructure & Utilities, Management, Media, News, Technology
Tagged Awards, Boonserm Premthada, Brick Architecture, Brick Award 24, Christelle Avenier, Christine Conix, Heimo Scheuch, Ingrid van der Heijden, INNOVATION, nominees, sustainability, Wienerberger, Wojciech Malecki
(IN BRIEF) ANDRITZ, an international technology group, has received an order from Idex, a leading energy services company in France, to supply a third waste treatment line to a waste-to-energy center in Villers-Saint-Paul, near Paris. This extension will increase the … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, France, French Waste-to-Energy Center, Idex, Jean-Pierre Lamalle, partnership, Renewable Energy Capacity, sustainability
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