Category Archives: Austria

Press Releases & News from Austria distributed via EuropaWire

ANDRITZ Enables Development of Next Generation Biofuel Facility Focused on Sustainable Ethanol Production

(IN BRIEF) ANDRITZ has been selected by SAFFiRE Renewables to provide refining technology for a pilot plant in Kansas that will convert agricultural residues into cellulosic ethanol. The facility will demonstrate an innovative process for producing low-carbon fuels that can … Read the full press release

STRABAG Advances Decarbonization Strategy with Science Based Targets Initiative Approval for Emissions Reduction Plan

(IN BRIEF) STRABAG has secured validation from the Science Based Targets initiative for its climate goals through 2030, committing to a 42 percent reduction in direct and energy-related emissions and a 25 percent reduction across its value chain. The company’s … Read the full press release

ANDRITZ Secures Major Pumped Storage Contract from Tata Power to Support India’s Renewable Energy Expansion

(IN BRIEF) ANDRITZ has been awarded a significant contract by Tata Power to supply equipment for the 1,000 MW Bhivpuri pumped storage plant in Maharashtra, India. The project, valued in the low three-digit million euro range, includes the delivery of … Read the full press release

Bechtle Aligns Austrian PLM Operations Under Unified Brand to Enhance Cross-Border Collaboration and Innovation

(IN BRIEF) planetsoftware GmbH, Austria’s leading provider of SOLIDWORKS solutions and a long-standing member of the Bechtle Group, will rebrand as Bechtle PLM Austria GmbH from April 2026. The move reflects a strategic effort to strengthen integration with Bechtle’s wider … Read the full press release

ÖBB Orders Additional FLIRT Akku Battery Trains from Stadler to Expand Emission-Free Regional Rail Services

(IN BRIEF) ÖBB has ordered seven additional FLIRT Akku battery-electric trains from Stadler as part of its strategy to decarbonise regional rail transport in Austria. The new units will be manufactured in Bussnang and delivered in 2028 before entering service … Read the full press release

Vienna Insurance Group Surpasses EUR 1 Billion Profit Milestone in 2025 and Announces Higher Dividend for Shareholders

(IN BRIEF) Vienna Insurance Group reported strong preliminary financial results for 2025, with gross written premiums rising to EUR 16.3 billion and profit before taxes surpassing the one-billion-euro milestone for the first time, reaching EUR 1.16 billion. The Group achieved … Read the full press release

Vienna Insurance Group Expands Global Assistance Network to 18 Markets with New Launch in Albania and Over One Million Annual Service Cases

(IN BRIEF) Vienna Insurance Group has expanded its Global Assistance network with the launch of operations in Albania, extending its assistance services to 18 markets across Central and Eastern Europe. Through twelve service companies employing more than 800 staff, the … Read the full press release

ANDRITZ to Supply PrimeDry Steel Yankee to Ahlstrom Sweden for PM6 Upgrade at Billingsfors Mill with Start-Up Planned for 2026

(IN BRIEF) ANDRITZ has been selected by Ahlstrom Sweden AB to deliver a PrimeDry Steel Yankee for the PM6 machine at the Billingsfors mill in Sweden, with start-up scheduled for the fourth quarter of 2026. The new steel Yankee will … Read the full press release

Vienna Stock Exchange Expands Digital Market Data Services with ESG Sustainability Information for Prime Market Companies

(IN BRIEF) The Vienna Stock Exchange has expanded its digital market information services by adding ESG sustainability data for all companies listed in its prime market. Through widgets developed by Austrian start-up money:care, investors can now access structured sustainability indicators … Read the full press release

STRABAG’s Haweswater Aqueduct Resilience Programme wins Project Finance International Award as Europe Infrastructure Deal of the Year

(IN BRIEF) STRABAG has received the Project Finance International Award from the London Stock Exchange Group for the Haweswater Aqueduct Resilience Programme, which was named Europe Infrastructure Deal of the Year 2025. The project, valued at approximately £3 billion, is … Read the full press release

Vienna Insurance Group surpasses one million annual assistance cases as Global Assistance network grows across CEE

(IN BRIEF) Vienna Insurance Group has expanded its assistance services network under the Global Assistance brand to cover 18 markets across Central and Eastern Europe following the launch of operations in Albania. The network now includes twelve service companies employing … Read the full press release

Vienna Insurance Group subsidiary KNIAZHA VIG partners with Aon and DFC to provide expanded war risk insurance coverage in Ukraine

(IN BRIEF) Vienna Insurance Group has announced that its Ukrainian subsidiary KNIAZHA VIG has secured a 25 million US dollar reinsurance facility agreement with the U.S. International Development Finance Corporation in cooperation with Aon to support the expansion of war-risk … Read the full press release

Winter Tests Demonstrate Strong Performance of Digital Automatic Coupling Technology as ÖBB Advances

(IN BRIEF) ÖBB is advancing the modernisation of European rail freight through continued development and testing of Digital Automatic Coupling technology. Using its DAC demo train, ÖBB Rail Cargo Group has conducted extensive winter trials in Austria to evaluate how … Read the full press release

Philips Introduces Rembra Next-Generation CT System at ECR 2026 Designed for High-Demand Imaging and Rapid Clinical Decision-Making

(IN BRIEF) Royal Philips introduced its next-generation CT imaging system, Rembra, at ECR 2026 in Vienna. The system is designed to address the growing demands on radiology departments caused by rising patient volumes, complex clinical cases and workforce pressures. Rembra … Read the full press release

Kapsch TrafficCom Completes EUR 1.4 Million Low Emission Zone Project in Palencia to Improve Urban Air Quality

(IN BRIEF) Kapsch TrafficCom has completed the implementation of a EUR 1.4 million Low Emission Zone in Palencia, Spain. The project includes the installation of 40 ANPR cameras, air quality sensors, user information panels and a digital management platform that … Read the full press release

Kapsch TrafficCom Nine-Month Results Reflect Market Slowdown but Show Stable Financial Position and Strong Order Backlog

(IN BRIEF) Kapsch TrafficCom reported a 25% decline in revenue to EUR 307 million for the first three quarters of the 2025/26 financial year due to weak global tolling market conditions, project delays, and the removal of major projects. Despite … Read the full press release

Kapsch Introduces OmniAir-Certified 6C Windshield Transponder Designed to Improve Toll Data Accuracy and System Interoperability

(IN BRIEF) Kapsch TrafficCom has earned OmniAir certification for its new 6C sticker windshield mount transponder, confirming interoperability with tolling systems and introducing advanced data reliability through parity-checking chip technology. The transponder automatically detects and mitigates bit-flip errors, ensuring accurate … Read the full press release

New €100 Million EIB and ÖHT Financing Scheme Supports Sustainable Investment in Austria’s Tourism Sector

(IN BRIEF) The European Investment Bank and the Austrian Hotel and Tourism Bank have launched a joint financing initiative worth up to €100 million to support small and medium-sized tourism businesses across Austria. The EIB will provide €50 million, matched … Read the full press release

AVL RACETECH Strengthens Collaboration with Ed Carpenter Racing Through Advanced Vehicle Simulation Technologies

(IN BRIEF) AVL RACETECH and Ed Carpenter Racing have expanded their collaboration into an official technical partnership, with AVL becoming the team’s Official Dynamic Vehicle Simulation Partner in the NTT INDYCAR SERIES. The partnership centers on the use of AVL … Read the full press release

EIB TechEU Programme Launches in Austria with Major Financing Agreement Supporting AMAG’s Research and Green Manufacturing Investments

(IN BRIEF) The European Investment Bank is providing a €75 million loan to AMAG Austria Metall AG to support research, digitalisation and environmentally sustainable manufacturing at its Ranshofen plant in Upper Austria. The financing represents the first EIB operation in … Read the full press release