(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
(IN BRIEF) The Vienna Stock Exchange faced a challenging year in 2023, marked by high interest rates, persistent inflation, and geopolitical tensions that impacted European stock markets. Despite these unfavorable conditions affecting trading activity, the exchange achieved a record year … Read the full press release
(IN BRIEF) International technology group ANDRITZ has secured an order from Papel Prensa S.A. to provide a complete old corrugated containers (OCC) line with a reject handling system for their mill in Buenos Aires, Argentina. The OCC line, initially processing … Read the full press release
Posted in Austria, Business, Industrial, Technology
Tagged Andritz, Argentina, Buenos Aires, Diego Colabardini, mill, old corrugated containers, Papel Prensa S.A., PrimeScreen X, top-quality paper
(IN BRIEF) Ionic Mineral Technologies (Ionic MT) has entered into a strategic partnership with ANDRITZ, an international technology group, to mass-produce critical battery materials for next-generation lithium-ion batteries. The collaboration aims to scale up Ionic MT’s nano-silicon production process to … Read the full press release
(IN BRIEF) ANDRITZ has successfully rebuilt a mechanical pulping line at Shandong Huatai Paper’s mill in China, increasing its capacity from 100,000 to 300,000 t/a, making it the world’s largest mechanical pulping line for printing and writing paper production. The … Read the full press release
(IN BRIEF) International technology group ANDRITZ has been awarded a significant follow-up order from Suzano, a leading Brazilian pulp and paper producer, to undertake a major conversion project at the Limeira pulp mill. The project aims to expand Suzano’s eucalyptus-based … Read the full press release
Posted in Austria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Brazil, Eucafluff® pulp, Jean Moraes, Leonardo de Figueiredo, Limeira Pulp Mill, partnership, sustainability, Suzano
(IN BRIEF) ANDRITZ, a leading international technology group, has announced the amicable resignation of Domenico Iacovelli, effective December 31, 2023. Iacovelli, who played a crucial role in overseeing the Metals business area, will be stepping down from the Executive Board. … Read the full press release
Posted in Austria, Business, Industrial, Management, News, Technology
Tagged Andritz, Domenico Iacovelli, Executive Board, Joachim Schönbeck, resignation
(IN BRIEF) On December 1st, the Orange County Transportation Authority (OCTA) celebrated the opening of the I-405 Express Lanes system, a pioneering infrastructure project designed and built by Kapsch TrafficCom. The state-of-the-art system, featuring FasTrak® transponder technology, offers commuters an … Read the full press release
(IN BRIEF) ANDRITZ, the international technology group, has secured an order from Dezhou Taiding New Material Science and Technology Co., Ltd. in China to provide a second chemi-thermomechanical (P-RC APMP) line for their mill in Pingyuan County, Shandong Province. The … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, CHINA, Dezhou Taiding, P-RC APMP Line, partnership, pulp production, sustainability, Zhang Qingchao
(IN BRIEF) The ÖBB Rail Cargo Group (RCG) has been awarded the EcoVadis Gold Standard for corporate social responsibility (CSR) for the third consecutive year. This recognition places RCG in the top 1% of companies in the rail freight transport … Read the full press release
(IN BRIEF) Austria’s Ministry of Defence has awarded Rheinmetall a contract worth €532 million (excluding value-added tax) for the comprehensive modernization of its existing Skyguard air defense systems, as part of its “Mission Forward” rearmament program. This ambitious project includes … Read the full press release
(IN BRIEF) Borealis has announced the appointment of Craig Arnold, currently serving as Chief Commercial Officer at Ferroglobe PLC, as the new Executive Vice President (EVP) for Polyolefins, Circular Economy Solutions, and Innovation & Technology, effective from February 1, 2024. … Read the full press release
Posted in Austria, Business, Chemicals, Industrial, Management, News, Technology
Tagged appointment, Borealis, Craig Arnold, Daniela Vlad, EVP, leadership, Thomas Gangl
(IN BRIEF) ANDRITZ has successfully initiated operations for a new textile recycling line at Sfilacciatura Negro’s facility in Biella, Italy. This state-of-the-art tearing line is designed to process post-consumer textile waste while automatically removing hard parts. Sfilacciatura Negro, with a … Read the full press release
(IN BRIEF) Kapsch TrafficCom’s Spanish subsidiary has successfully implemented a sophisticated traffic light priority system for Madrid’s first Bus Rapid Transit (BRT) system, connecting key neighborhoods and reducing travel times. The system uses on-board beacons and traffic light controllers to … Read the full press release
Posted in Austria, Industrial, Management, Spain, Technology, Transportation & Logistics
Tagged BRT, Bus Rapid Transit, Javier Aguirre, Kapsch TrafficCom, Madrid, mobility, mobility management, safety, Valdebebas
(IN BRIEF) International technology group ANDRITZ has successfully initiated operations at a cutting-edge fiberline and lime kiln plant located within Nanning Sun Paper’s pulp and paper mill in Guangxi Province, China. This achievement marks a significant milestone for the project, … Read the full press release
(IN BRIEF) Nouvelles Fibres Textiles, in partnership with Pellenc ST and ANDRITZ, has inaugurated France’s first automated textile recycling plant. This pioneering facility, launched on November 30, 2023, marks a significant step toward a circular economy for textiles. The plant’s … Read the full press release
(IN BRIEF) Kapsch TrafficCom AG, in accordance with the Austrian Stock Exchange Act, has disclosed that as of the end of November 2023, the total number of voting rights stands at 14,300,000, matching the company’s share capital of EUR 14,300,000.00. … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Transportation & Logistics
Tagged capital increase, Financial, investment, Kapsch TrafficCom AG
(IN BRIEF) European Locomotive Leasing Group (ELL) has signed a significant framework agreement with Siemens Mobility for the acquisition of up to 200 Vectron locomotives. These locomotives will be used in both passenger and freight services across Europe. ELL initially … Read the full press release
(IN BRIEF) Borealis has renewed its partnership with three prominent social and educational organizations in the UAE through the Borealis Social Fund. They will distribute AED 3 million among the Emirates Foundation, UAE Paralympic Committee, and Emirates National Schools to … Read the full press release
Posted in Austria, Chemicals, Education, Non Profit, Society
Tagged Borealis, Borealis Social Fund, Dr. Shawn Dilly, Emirates Foundation, Emirates National Schools, H. E. Mohammed M. Fadhel Al Hameli, H.E. Ahmed Al Shamsi, the Emirates National Schools, the UAE Paralympic Committee, Thomas Gangl, UAE, United Arab Emirates
(IN BRIEF) Researchers from AVL and the Institute of Automotive Technology at the Technical University of Munich (TUM) have developed a cutting-edge predictive model utilizing federated learning and artificial intelligence (AI) to determine the remaining useful life of electric vehicle … Read the full press release
(IN BRIEF) Vienna’s annual “Wiener Börse Punsch” event, a long-standing tradition for the Austrian financial community, continued its charitable tradition by supporting the “START-Stipendien” education and integration initiative. The event, in its 21st edition, saw over 600 guests gather at … Read the full press release
(IN BRIEF) International technology group ANDRITZ has received an order from Energie AG to supply equipment for the new Ebensee pumped storage power plant in Austria. This project, the largest investment by the utility, aims to enhance energy sustainability by … Read the full press release
(IN BRIEF) In a groundbreaking collaboration, Information Services International-Dentsu (ISID) and AVL, headquartered in Tokyo and Graz, Austria, respectively, have joined forces to reshape product development in the manufacturing industry. Their shared mission is to offer advanced digital solutions and … Read the full press release
Posted in Austria, Automotive, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged AVL, innovative, ISID, Manufacturing, mobility, partnership, Ryoichi Nawa, sustainability, Tokyo
(IN BRIEF) Kapsch TrafficCom AG has successfully completed the placement of 1.3 million new shares, representing 10% of its existing share capital. These newly issued shares were divided into 477,217 shares against cash contributions and 822,783 shares against contributions in … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Financial, investment, Kapsch TrafficCom AG, shares
(IN BRIEF) Kapsch TrafficCom AG has announced its decision to pursue a capital increase from authorized capital by issuing up to 1,300,000 new ordinary no-par value bearer shares, representing up to 10% of the existing share capital. This capital increase … Read the full press release
Posted in Austria, Business, Financial, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Financial, investment, Kapsch TrafficCom
(IN BRIEF) Brazilian pulp producer Suzano has entered into a five-year contract with international technology group ANDRITZ to provide modular maintenance services for its upcoming mill in Ribas do Rio Pardo, Mato Grosso do Sul, Brazil. The maintenance agreement encompasses … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, Brazil, Eucalyptus Mill, Modular Maintenance, partnership, sustainability, Suzano
(IN BRIEF) ANDRITZ, an international technology group, is set to supply a groundbreaking methanol liquefaction plant to Hyogo Pulp Industries Ltd., a Japanese unbleached kraft pulp producer. This pioneering project, located at the Tanigawa mill, marks a significant shift in … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, green transformation, innovative, Japan, Methanol Liquefaction Plant, Naoki Ikawa, partnership, Pulp Industry, sustainability, yogo Pulp Industries Ltd.
(IN BRIEF) Brau Union Österreich and the SPAR retail chain have embraced multimodal transportation in collaboration with the ÖBB Rail Cargo Group (RCG). This approach combines rail and road transport to create efficient and environmentally friendly door-to-door logistics solutions. Beverages … Read the full press release
(IN BRIEF) The Vienna Stock Exchange has announced the addition of a new international trading member, Barclays Bank Ireland PLC, effective from November 15, 2023. Barclays’ participation in the exchange is seen as a strategic move to provide comprehensive and … Read the full press release
(IN BRIEF) International technology group ANDRITZ has secured an order from Krones AG, Germany, to provide six ADuro S shredders for a polypropylene (PP) recycling plant in the Southeast United States. These shredders, set to be operational in 2024, offer … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged ADuro S shredders, Andritz, Germany, Krones AG, partnership, Polypropylene Recycling, shredders, sustainability, Thomas Gemeiner, USA
(IN BRIEF) UniCredit S.p.A. has confirmed the purchase of an 8.9781% minority stake in Alpha Services and Holdings S.A. in Greece from HFSF at a price of 1.39 Euros per share. This acquisition represents a premium of 9.4% over the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Romania
Tagged acquisition, Alpha Services and Holdings S.A., Greece, HFSF, partnership, Romania, sustainability, UNICREDIT
(IN BRIEF) The European Investment Bank (EIB) and Erste Bank Austria have jointly provided loans of up to €79.2 million to WLK energy for the construction of the new Engelhartstetten wind farm in Lower Austria. This wind farm will consist … Read the full press release
Posted in Austria, Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Austria, EIB, Engelhartstetten Wind Farm, Erste Bank Austria, Gerda Holzinger-Burgstaller, green energy transition, Mario Wohanka, partnership, Stephan Pernkopf, sustainability, Thomas Östros, WLK energy
(IN BRIEF) Kapsch TrafficCom is entering a strategic partnership with Exeger to develop eco-friendly communication solutions with self-charging capabilities. They will utilize Exeger’s solar cell technology, Powerfoyle™, which converts various light sources into renewable energy. This collaboration aims to reduce … Read the full press release
(IN BRIEF) Kapsch TrafficCom has unveiled a strategic partnership with Spain’s Comillas Pontifical University to establish a ‘Chair for Smart and Sustainable Mobility.’ This collaboration aims to explore various aspects of urban mobility, conduct in-depth analysis, and propose innovative policy … Read the full press release
Posted in Austria, Business, Education, Environment, Financial, Government, Industrial, Investment, Management, News, Spain, Technology, Transportation & Logistics
Tagged Alfredo Escribá, Comillas Pontifical University, Kapsch TrafficCom, Mariano Ventosa, partnership, Spain, sustainability, sustainable urban mobility
(IN BRIEF) voestalpine, a steel and technology company, reported its financial performance for the first half of the 2023/24 fiscal year. The company faced economic challenges with declining revenue and earnings due to a changing economic landscape. While some sectors … Read the full press release
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