Category Archives: Austria

Press Releases & News from Austria distributed via EuropaWire

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

Klabin Acknowledges ANDRITZ for Exceptional Performance in Pulp and Paper Mill Expansion

(IN BRIEF) Klabin, the Brazilian pulp and paper company, has officially commended ANDRITZ for their outstanding technical expertise and project management performance during the extensive Puma II pulp and paper mill expansion project in Ortigueira, Brazil. This recognition program was … Read the full press release

European Investment Bank Pours €1.26 Billion into Austria for Renewable Energy, Water Supply, and Housing Projects in 2023

(IN BRIEF) The European Investment Bank (EIB) Group in Austria has revealed its commitment to financing projects focused on renewable energies, water supply, and social housing in 2023, with a total investment of €1.26 billion. Despite an initial cautious approach … Read the full press release

ANDRITZ Unveils Award-Winning Extraction System and Innovation Center at Anuga FoodTec 2024

(IN BRIEF) International technology group ANDRITZ is set to showcase its extensive array of solutions for dewatering, drying, and automation in the food industry at Anuga FoodTec 2024 in Cologne, Germany. One of the highlights includes their groundbreaking Turbex extraction … Read the full press release

Mirjam Mayer Appointed as Vice President of Circular Economy Solutions at Borealis

(IN BRIEF) Borealis has named Mirjam Mayer as the Vice President of Circular Economy Solutions (CES) starting from January 1, 2024. In this role, Mayer will oversee and manage the entire value chain of Borealis’ Circular Economy Solutions. Mayer, who … Read the full press release

UNIQA Group Centralizes International Insurance Programs in Poland

(IN BRIEF) The UNIQA Group has launched the International Programmes (IP) HUB in Poland, serving as a competence center for 15 countries in Central and Eastern Europe where the insurer operates. This initiative aims to standardize insurance offerings for multinational … Read the full press release