(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
(IN BRIEF) ANDRITZ has formed a strategic partnership with Swedish company PulPac AB to expand the sustainable packaging market using Dry Molded Fiber technology. This nearly waterless process molds cellulose fibers into recyclable, biodegradable products such as coffee lids, cutlery, … Read the full press release
(IN BRIEF) voestalpine, a leading international steel and technology group, has successfully issued its first green corporate bond, raising EUR 500 million. The five-year bond, which offers a coupon of 3.75%, was met with high investor demand and will be … Read the full press release
(IN BRIEF) ANDRITZ, an international technology group, has secured two contracts in Brazil to supply 330 MVAr synchronous condenser systems, which are essential for improving grid stability in regions increasingly reliant on renewable energy sources like wind and solar. These … Read the full press release
(IN BRIEF) voestalpine Railway Systems is showcasing its advanced rail solutions at InnoTrans 2024 in Berlin, the world’s leading transport technology trade fair, which attracts over 130,000 visitors. The company is presenting a range of products and services, including digital … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, Metals and Minerals, News, Technology, Transportation & Logistics
Tagged digital innovations, Franz Kainersdorfer, InnoTrans 2024, rail projects, voestalpine, voestalpine Railway Systems
(IN BRIEF) Mayr-Melnhof Karton AG and Wienerberger AG will join the ATX Global Players index, replacing BAWAG Group AG after a turnover review. The ATX Global Players index consists of companies generating over 20% of revenue outside Europe, currently featuring … Read the full press release
Posted in Austria, Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, International Trade, Investment, Management, News
Tagged ATX, AUSTRIACARD, Mayr-Melnhof, partnership, Wiener Börse, Wienerberger
(IN BRIEF) In response to the severe flooding in Austria, UniCredit Bank Austria has introduced an emergency aid package to support affected individuals and businesses. The package offers fast, unbureaucratic financing with up to €50,000 in overdraft facilities at a … Read the full press release
Posted in Austria, Banks, Business, Economy, Financial, Industrial, Investment, Management, News
Tagged Emergency Flood Aid Package, financial relief, Ivan Vlaho, UniCredit Bank Austria
(IN BRIEF) Borealis has joined the Finnish Environment Ministry’s Circular Economy Green Deal, committing to promoting a low-carbon, circular economy. The company plans to use 30 kilotons of Finnish plastic waste as raw material by 2035 and improve its energy … Read the full press release
(IN BRIEF) Quimicolor has opened the first spunlace production facility in Colombia with the support of ANDRITZ technology, marking a major step forward in local manufacturing. The new facility, located in Guarne, can produce 10,000 tons of nonwoven material annually, … Read the full press release
(IN BRIEF) Six major companies—Borealis, Covestro, Heraeus, Nextrom, Teijin Aramid, and Umicore—have launched the Sustainable Optical Fiber and Cable Industry Alliance (SOFIA) to promote sustainability across the optical fiber and cable sector. SOFIA aims to improve transparency, communication, and standardized … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Borealis, Covestro, Heraeus, Nextrom, partnership, sustainability, Sustainable Optical Fiber and Cable Industry Alliance (SOFIA), Teijin Aramid, Umicore
(IN BRIEF) Kapsch TrafficCom will present its latest transportation innovations at the ITS World Congress 2024 in Dubai from September 16-20. The company will showcase cutting-edge solutions like satellite-based tolling, multi-lane free-flow tolling, and advanced traffic management systems. Visitors to … Read the full press release
(IN BRIEF) Infineon Technologies has pioneered the world’s first 300 mm power gallium nitride (GaN) wafer technology, enhancing production efficiency by offering 2.3 times more chips per wafer compared to the previous 200 mm process. This breakthrough will accelerate GaN … Read the full press release
Posted in Austria, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Austria, gallium nitride (GaN) wafer technology, Infineon, Jochen Hanebeck, partnership, semiconductor
(IN BRIEF) The European Investment Bank (EIB) is providing up to €175 million in loans to Salzburger Sparkasse and Tiroler Sparkasse to fund the construction of 1,750 affordable and energy-efficient rental flats in Salzburg and Innsbruck. The project aims to … Read the full press release
Posted in Austria, Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged Austria, EIB, Green Homes, Innsbruck, partnership, Salzburg, Salzburger Sparkasse Bank AG, sustainabilty, Tiroler Sparkasse Bank AG
(IN BRIEF) The European Investment Bank (EIB) has provided €20.1 million to WEB Windenergie AG (W.E.B) for the construction of a new wind farm in Spannberg, Lower Austria. The project’s first phase will build four wind turbines, with plans to … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged (WEB) Windenergie AG, Austria, clean energy, EIB, partnership, sustainabilty, Thomas Östros, wind farm
(IN BRIEF) Schneider Electric has launched a new AI-powered feature for its Wiser Home app, enhancing energy management for homes. This feature optimizes the use of water heaters and electric vehicle chargers by learning from user habits, weather forecasts, and … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Spain, Technology
Tagged AI-Enhanced, Austria, Energy management, France, Germany, Michael Lotfy Gierges, PORTUGAL, Schneider Electric, Spain, sustainability, Wiser Home App
(IN BRIEF) Essity has partnered with ANDRITZ to install a PrimeDry YES (Yankee Eco Steam System) at its Stubbins mill in England. Scheduled to begin operations in late 2024, this system will generate up to 25% of the steam needed … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Andritz, Eco-Friendly Steam System, Essity, partnership, Phillip Kenyon, PrimeDry YES (Yankee Eco Steam System), Stubbins Mill, sustainability, UK
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