(IN BRIEF) OMV has entered power purchase agreements with VERBUND and ImWind to secure 67 GWh of renewable electricity each year, meeting over 35% of its Schwechat refinery and Adria Wien Pipeline’s power needs. The supply, 65% from hydropower and … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Alfred Stern, decarbonization, ImWind, OMV, partnership, renewable energy, sustainability, VERBUND
(IN BRIEF) Kapsch TrafficCom has secured a 10-year extension to its partnership with the Riverside County Transportation Commission (RCTC), continuing to provide advanced tolling services and traffic management through 2041. The extension builds on seven years of successful operations, managing … Read the full press release
(IN BRIEF) At FAKUMA 2024, Borealis and key partners showcased advanced plastics processing solutions, focusing on sustainable materials for packaging and healthcare. Highlighting collaborations with companies like BMB, Engel, and ARBURG, Borealis demonstrated various applications using recycled and renewable feedstocks, … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Financial, Healthcare, Industrial, Investment, Management, Media, News, Security & Safety, Technology
Tagged Arburg, BMB, Borealis, Engel, Fakuma 2024, Healthcare, INNOVATION, ONI, packaging, partnership, Plastics Solutions, sustainability
(IN BRIEF) voestalpine has announced the sale of its German subsidiary, Buderus Edelstahl, to Mutares SE & Co. KGaA, a prominent investment company. The agreement, signed on October 23, 2024, is awaiting regulatory approval and is expected to be finalized … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, Technology
Tagged acquisition, Buderus Edelstahl, Germany, Herbert Eibensteiner, High-Performance Materials, Johannes Laumann, Mutares, partnership, Reinhard Nöbauer, sustainability, voestalpine
(IN BRIEF) At the 2024 “EY Entrepreneur of the Year” awards, Professor Helmut List, CEO and Chairman of AVL List, was honored with a special lifetime achievement award. Recognized for his pioneering role in the mobility and technology industries, List … Read the full press release
(IN BRIEF) wienerberger recently hosted its first-ever Investor Day in Sittingbourne, UK, where it presented its strategic focus on sustainable growth in the construction and infrastructure sectors. The company highlighted innovations in water management and roofing systems, positioning itself to … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology, United Kingdom
Tagged acquisition, First Investor Day, Heimo Scheuch, INNOVATION, roofing, sustainability, Terreal, water management, Wienerberger
(IN BRIEF) ANDRITZ has successfully started up its fifth PrimeLineCOMPACT S 1800 tissue machine at Xuan Mai Paper mill in Ho Chi Minh City, Vietnam, significantly increasing the mill’s production capacity. The machine produces high-quality tissue from virgin or deinked … Read the full press release
Posted in Austria, Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, partnership, Pham Van Dung, PrimeLineCOMPACT S 1800, sustainability, Tissue Machine, tissue production, Vietnam, Xuan Mai Paper Mill
(IN BRIEF) Green Mobility Partners, a new player in the European locomotive leasing market, has ordered up to 50 Vectron MS locomotives from Siemens Mobility, with an initial purchase of eight units. The Vectron locomotives, known for their cross-border travel … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andre Rodenbeck, Austria, Christoph Katzensteiner, Green Mobility Partners, partnership, Siemens, Siemens Mobility, sustainability, Vectron locomotives
(IN BRIEF) The Central Securities Depository in Prague, part of the Vienna-Prague Stock Exchange Group, has become the first institution globally authorized under the EU’s DLT pilot regime to operate a distributed ledger technology (DLT) market infrastructure. Starting in November … Read the full press release
Posted in Austria, Banks, Business, Czech Republic, Economy, Financial, Government, Industrial, Infrastructure & Utilities, International Trade, Investment, Management, News, Technology
Tagged Christoph Boschan, distributed ledger technology (DLT), Financial, investment, partnership, Petr Koblic, Securities Settlement Platform, Vienna-Prague Stock Exchange Group, Wiener Börse
(IN BRIEF) Cell Impact has partnered with international technology group ANDRITZ to enhance large-scale production of bipolar flow plates for fuel cells and electrolyzers. The collaboration focuses on integrating ANDRITZ’s new Soucell welding system, capable of welding one bipolar plate … Read the full press release
Posted in Austria, Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Andritz, Bipolar Flow Plate, Cell Impact, Daniel Vallin, Daniel Wenk, partnership, sustainability, Sweden
(IN BRIEF) ANDRITZ has successfully launched its first recycled fiber lines in Bangladesh at Lipy Paper Mills, marking a major step forward in the country’s paper industry. The two lines can process 150 tons per day of recycled materials and … Read the full press release
(IN BRIEF) Kapsch TrafficCom has successfully implemented a Multi-Lane Free Flow (MLFF) tolling system in the Bizkaia region of Spain, activated on July 1, 2024. This innovative system processes over 1.4 million transactions daily and significantly enhances traffic management by … Read the full press release
(IN BRIEF) ABB and Zumtobel Group have announced a strategic partnership aimed at advancing smart building solutions and direct current (DC) industrial applications. The collaboration will integrate ABB’s building automation solutions with Zumtobel’s advanced lighting management systems, creating efficient, sustainable … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, Austria, Direct Current Applications, Lucy Han, Oliver Vogler, partnership, Smart Building Innovations, sustainability, Switzerland, Zumtobel Group
(IN BRIEF) Wienerberger has announced its expansion into the Nordic market with the acquisition of Finnish company Slatek OY and Norwegian firm Tekken AS. This move aims to enhance its portfolio in smart water management and infrastructure solutions, adding approximately … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged acquisitions, Finland, Heimo Scheuch, Norway, partnership, Slatek OY, sustainability, Tekken AS, Water Solutions, Wienerberger
(IN BRIEF) The Lenzing Group, a leading provider of regenerated cellulose fibers, has announced its acquisition of a minority stake in the Swedish company TreeToTextile AB. This collaboration, which includes existing shareholders such as H&M Group, Inter IKEA Group, Stora … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Sweden, Technology
Tagged acquisition, Dr. Roxana Barbieru, Fiber Production, Lenzing, partnership, Rohit Aggarwal, sustainability, Sweden, textile industry, TreeToTextile
(IN BRIEF) The Vienna Stock Exchange reported a strong performance in the third quarter of 2024, highlighted by exceptionally high trading volumes, record bond listings, and a new peak for the ATX Total Return Index, which reached 8,706.77 points on … Read the full press release
Posted in Austria, Banks, Business, Economy, Financial, Industrial, International Trade, Investment, Management, News
Tagged Christoph Boschan, Financial, investment, Vienna Stock Exchange, Wiener Börse
(IN BRIEF) Kapsch TrafficCom has announced the successful opening of Complete 540 Phase 1, an extension of the Triangle Expressway in North Carolina, which commenced traffic on September 25th. This project enhances regional connectivity and aims to reduce travel times … Read the full press release
(IN BRIEF) ANDRITZ has successfully started up a new pulp mill for Liansheng Pulp & Paper in Zhangzhou, Fujian Province, China. The project included cutting-edge technology in all major areas of the mill, from chip handling and fiberline processes to … Read the full press release
(IN BRIEF) Thorn and Zumtobel have partnered with Red Bull Stadion GmbH to provide cutting-edge lighting solutions for the newly completed SAP Garden in Munich’s Olympic Park. The sports venue, designed by Danish architects 3XN, features a dynamic façade and … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Management, News, Sports, Technology
Tagged event, Munich, partnership, Red Bull Stadion GmbH, SAP Garden, sports, sustainability, Thorn, Zumtobel
(IN BRIEF) Scila AB, a leader in trade surveillance and risk management technology, has announced that Erste Group, a major European financial institution, has successfully implemented Scila Surveillance. The cloud-based solution is designed to monitor global trading activities across multiple … Read the full press release
Posted in Austria, Banks, Business, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Austria, Erste Group, Iris Bujatti, Mikko Andersson, partnership, Scila, Trade Surveillance Technology
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