Category Archives: Austria

Press Releases & News from Austria distributed via EuropaWire

SPAIN: Castellón de la Plana Implements Smart Low Emission Zone with Kapsch TrafficCom to Improve Air Quality and Traffic Management

(IN BRIEF) Kapsch TrafficCom has completed a €1.52 million Low Emission Zone project in Castellón de la Plana, Spain, introducing advanced technologies to monitor and manage vehicle access and environmental conditions. The system includes license plate recognition cameras, air and … Read the full press release

STRABAG Advances Strategy 2030 with Planned Acquisition of Van Elle to Broaden Infrastructure and Construction Portfolio in the UK

(IN BRIEF) STRABAG UK has reached an agreement to acquire Van Elle Holdings plc, a leading UK-based ground engineering contractor, as part of its Strategy 2030 expansion plan. The deal, which has been recommended by Van Elle’s board, will be … Read the full press release

Erste Group names experienced international banker to lead corporate division across Central Europe

(IN BRIEF) Erste Group has appointed Juan de Porras Aguirre as Executive Director Corporates, bringing in a seasoned banking executive with over three decades of international experience. Previously with Santander Bank Polska, he played a key role in building a … Read the full press release

Lenzing launches advanced power to heat system in Austria to boost renewable energy use and grid flexibility

(IN BRIEF) Lenzing Group has commissioned a 14 MW power-to-heat facility at its Austrian site, developed in collaboration with VERBUND, to convert surplus renewable electricity into process heat while supporting grid stability. The system can respond quickly to fluctuations in … Read the full press release

ANDRITZ wins large scale Türkiye hydropower project to enhance renewable capacity and energy stability

(IN BRIEF) ANDRITZ has secured a major contract to deliver complete electromechanical systems for the 339 MW Cizre hydropower plant in Türkiye, commissioned by CB Elektrik, part of CABA Group. The project includes five Francis turbine-generator units and an ECO-flow … Read the full press release

OMV and XRG Establish Borouge International as a Global Polyolefins Leader with Strong Synergies and Expansion Strategy

(IN BRIEF) OMV and XRG have finalized the creation of Borouge International, a new global polyolefins leader formed through the merger of Borouge Plc and Borealis and the acquisition of NOVA Chemicals. Headquartered in Austria with global operations, the company … Read the full press release

Pilatus and AMAG Deepen Strategic Cooperation to Support High Quality European Aerospace Manufacturing

(IN BRIEF) AMAG Austria Metall AG and Pilatus Flugzeugwerke AG have signed a new multi-year agreement to expand their long-standing partnership in the aerospace sector. The deal increases AMAG’s supply scope, allowing it to provide a broader range of aluminium … Read the full press release

ANDRITZ Secures Turbine Supply Contract to Modernize Serbia’s Vlasinske Hydropower Cascade and Boost Renewable Capacity

(IN BRIEF) ANDRITZ has been selected by Energotehnika Južna Bačka to supply ten turbines for the modernization of Serbia’s Vlasinske hydropower cascade, a project aimed at enhancing the performance and longevity of facilities that have been in operation since 1955. … Read the full press release

Kapsch TrafficCom Awarded Contract to Implement Sustainable Traffic Monitoring Solution in Tenerife’s Anaga Biosphere Reserve

(IN BRIEF) Kapsch TrafficCom has been awarded a €428,000 contract to implement an access management system for Anaga Natural Park in Tenerife, Spain, aimed at improving traffic regulation and enhancing the visitor experience while preserving the environment. The project includes … Read the full press release

STRABAG-Led Consortium Wins Major 194 Million Euro Contract to Complete Key Section of Slovenia’s Northern Corridor Infrastructure Project

(IN BRIEF) STRABAG d.o.o., leading a consortium, has secured a 194 million euro contract from DARS d.d. to construct Lot A – Velenje, the final missing section of Slovenia’s 3rd Development Axis Northern Corridor, a key infrastructure project aimed at … Read the full press release

Erste Private Banking Strengthens Regional Leadership with Euromoney Awards for Austria and Romania

(IN BRIEF) Erste Private Banking has received two prestigious Euromoney awards, being named “Best Private Bank” in Austria and “Best for Client Service” in Romania, highlighting the strength of Erste Group’s private banking operations. In Austria, the division manages around … Read the full press release

UniCredit Strengthens European Banking Leadership with Multiple Top Rankings in Global Finance 2026 Awards

(IN BRIEF) UniCredit has been recognized as one of Europe’s leading banking groups in Global Finance’s “World’s Best Banks 2026” awards, with UniCredit Bank Austria named “Best Bank in Austria” and additional awards granted in Italy, Bosnia and Herzegovina, Bulgaria, … Read the full press release

Austria Faces Slower Growth and Elevated Inflation as OeNB Highlights Impact of Energy Prices and Geopolitics

(IN BRIEF) The Oesterreichische Nationalbank’s Interim Outlook for 2026–2028 projects modest economic growth for Austria, with GDP expected to increase by 0.5% in 2026 before gradually rising to around 1% in the following years. While the economy showed early signs … Read the full press release

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