(IN BRIEF) Taiwanese tissue producer Yuen Foong Yu Consumer Products Co., Ltd. has successfully launched a cutting-edge ANDRITZ PrimeLineCOMPACT tissue production line at its Chingshui mill. This achievement, overseen by Mr. Tang Mingfa, Vice General Manager of Yuen Foong Yu, … Read the full press release
(IN BRIEF) ÖBB Rail Cargo Group (RCG) is enhancing its TransFER service by introducing a direct rail connection between Linz, Duisburg, and Rotterdam, creating efficient freight transport between Austria, Germany, and the Netherlands. Rotterdam, one of the world’s largest seaports … Read the full press release
Posted in Austria, Industrial, Infrastructure & Utilities, Netherlands, Transportation & Logistics
Tagged Clemens Först, freight transport, logistics, Matthijs van Doorn, ÖBB Rail Cargo Group, Port of Rotterdam Authority, rail freight transport, rail logistics, RCG, Rotterdam, seaports, TransFER, transhipment
(IN BRIEF) International technology group ANDRITZ and tissue producer Softys Peru have joined forces to create an innovative hybrid Yankee hood heating system, marking an industry-first achievement. This system allows for a flexible combination of electric and natural gas heating, … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release
Posted in Austria, Automotive, Banks, Bulgaria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Romania, Technology
Tagged Austria, Bulgaria, clean mobility, Eastern Europe, EIB, Eldrive Holding GmbH, EV charging stations, installation, Kyriacos Kakouris, Lithuania, partnership, Romania, Stefan Spassov, sustainability
(IN BRIEF) Guangdong Hengan Paper Co., Ltd. has successfully initiated operations of two cutting-edge ANDRITZ PrimeLine tissue machines at its Yunfu mill in Guangdong, China. With these additions, Hengan now operates a total of 15 ANDRITZ tissue machines. The PrimeLineCOMPACT … Read the full press release
Posted in Austria, Business, Electronics & Machinery, Environment, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Guangdong Hengan Paper Co., High-Speed Tissue Machines, Mr. Wang Xiangyang, Mr. Xie Zhengba, partnership, PrimeLineCOMPACT M 1600 machines, sustainability
(IN BRIEF) Kapsch TrafficCom has launched a state-of-the-art toll collection system at the LA1 tolling facility in Louisiana. The facility, originally established in 2009, plays a crucial role in supporting industries like oil, petroleum, and chemicals in southern Louisiana while … Read the full press release
(IN BRIEF) ORLEN, an energy company, has experienced rapid expansion with acquisitions in Austria, Germany, Slovakia, and Hungary, increasing its foreign station count by nearly a third in the past year. They are finalizing the purchase of over 60 service … Read the full press release
Posted in Austria, Czech Republic, Energy, Gas & Oil, Germany, Hungary, Industrial, Investment, Lithuania, Poland, Slovakia
Tagged acquisitions, Austrocard, Daniel Obajtek, EV charging points, fuel stations, Hydrogen Refuelling Stations, MOL, OMV, ORLEN, Star Connect, Stop Cafe, Turmöl, Turmstrom
(IN BRIEF) Wienerberger, a full-range provider of photovoltaic roof solutions, is investing in eFriends, a decentralized energy-sharing platform that allows users to share self-produced solar power in real-time via a mobile app. This initiative aligns with the EU’s goal to … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Decentralized Energy Sharing, eFriends, Heimo Scheuch, investment, partnership, solar energy, sustinability, Wienerberger
(IN BRIEF) Kapsch TrafficCom has successfully implemented traffic signal priority systems for public transport in Vitoria-Gasteiz, a city in the Basque region with approximately 250,000 inhabitants. This initiative aims to enhance sustainable mobility in the city. Kapsch TrafficCom’s technology is … Read the full press release
Posted in Austria, Industrial, Infrastructure & Utilities, Spain, Technology, Transportation & Logistics
Tagged Angoulême train station, Basque, BEI, Bus Eléctrico Inteligente, intelligent electric buses, Kapsch TrafficCom, public transport, sustainable mobility, traffic light systems, traffic signal priority systems, Vitoria-Gasteiz
(IN BRIEF) International technology group ANDRITZ is set to unveil its 2024 growth strategy during its Capital Markets Day event on January 24 in Leipzig, Germany. The event will feature presentations by ANDRITZ Executive Board members, providing updates on the … Read the full press release
Posted in Austria, Business, Economy, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged 2024 Growth Strategy, Andritz, Capital Markets Day, Financial, investment, Leipzig
(IN BRIEF) Austrian Federal Railways (ÖBB) has placed an order for 70 trains with Siemens Mobility as part of a framework agreement secured in 2023. These trains, based on the Mireo platform, will be delivered in three different versions starting … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Matthä, Austrian Federal Railways (ÖBB), innovative, Michael Peter, Mireo trains, partnership, Siemens, Siemens Mobility, sustainability
(IN BRIEF) International technology group ANDRITZ has announced the establishment of a new business area called “Environment & Energy” to consolidate its environmental and energy-focused technologies, aiming to better align with the markets it serves. ANDRITZ Environment & Energy offers … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, Business Area, ENERGY, environmental, Financial, investment
(IN BRIEF) R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon, has unveiled its forest initiative called Green Cubes, aimed at accelerating global biodiversity rainforest conservation. Utilizing Hexagon’s reality capture technology, Green Cubes allows corporations to sponsor rainforest segments … Read the full press release
(IN BRIEF) International technology group ANDRITZ has joined forces with Powerhouse Controls, a leading drive system provider, to address the modernization needs of North American paper mills while minimizing production downtime. This partnership combines Powerhouse Controls’ drive solutions with ANDRITZ’s … Read the full press release
(IN BRIEF) Kapsch TrafficCom’s Spanish subsidiary is now managing Vitoria-Gasteiz’s traffic information and control systems, aiming to ensure safe and reliable urban mobility in the Basque city. The four-year contract, valued at EUR 4 million, covers the installation, operation, and … Read the full press release
(IN BRIEF) ORLEN has successfully acquired Doppler Energie, gaining a 100% stake in the company, which operates 267 service stations across Austria. With this acquisition, ORLEN’s network now includes nearly 3,500 modern service stations in seven European countries. The company … Read the full press release
(IN BRIEF) The Wiener Börse Akademie, in collaboration with the WIFI Management Forum and Wiener Börse AG, presents an opportunity for individuals to kickstart their financial resolutions by enhancing their financial knowledge. With a wide range of courses covering 30 … Read the full press release
Posted in Austria, Business, Economy, Education, Environment, Financial, Industrial, International Trade, Investment, Management, News
Tagged Education, Erwin Hof, Financial Knowledge, investment, New Year's Discount, partnership, seminars, Vienna Stock Exchange, Wiener Börse AG, Wiener Börse Akademie, WIFI Management Forum, workshops
(IN BRIEF) UniCredit Bank Austria has issued a Green Covered Bond worth €750 million with a maturity of nearly 5 years, following its sustainability strategy. This marks the third green bond issuance by the bank, with the bookbuilding process oversubscribed … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Philipp Gamauf, Robert Zadrazil, sustainability, UniCredit Bank Austria
(IN BRIEF) OMV Petrom, Southeast Europe’s largest integrated energy company, is set to acquire a 50% stake in Electrocentrale Borzesti, which holds a 1 GW capacity of renewable projects, including 950 MW of wind and 50 MW of photovoltaic, in … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania
Tagged acquisition, Aurel Arion, Christina Verchere, Electrocentrale Borzesti, OMV Petrom, partnership, Renovatio, Romania, sustainability
(IN BRIEF) Kapsch TrafficCom has achieved a milestone with the successful opening of the initial phase of the Moravski corridor and Ruma-Šabac highway tolling project in Serbia. The completed first stage, linking Ruma and Šabac near Belgrade, was executed in … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Technology, Transportation & Logistics
Tagged Carolin Treichl, Kapsch TrafficCom, Moravski Corridor, partnership, SERBIA, SmartTOLL, sustainability, Tolling Project
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