(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
(IN BRIEF) The Lenzing Group and Swedish pulp producer Södra have received the ITMF Award 2023 in the “International Cooperation” category for their collaborative efforts in textile recycling and the circular economy. This recognition was presented at the ITMF Annual … Read the full press release
Posted in Austria, Awards, Environment, Industrial, Sweden, Technology
Tagged CHINA, Christian Schindler, circular economy, cotton, International Textile Manufacturers Federation, ITMF, ITMF Annual Conference, ITMF Award 2023, Keqiao, Lotta Lyrå, nonwovens, OnceMore®, polyester, pulp, pulp producer, REFIBRA™, Södra, specialty fibers, Stephan Sielaff, textile, TEXTILE RECYCLING, The Lenzing Group
(IN BRIEF) The Supervisory Board of voestalpine AG has announced the appointment of Gerald Mayer to its Management Board as the Chief Financial Officer (CFO), effective from April 1, 2024. Mayer, a finance expert with international industry experience, will serve … Read the full press release
Posted in Austria, Business, Industrial, Management, Metals and Minerals, News, Technology
Tagged appointment, Gerald Mayer as CFO, Herbert Eibensteiner, leadership, Robert Ottel, voestalpine AG, Wolfgang Eder
(IN BRIEF) The Lenzing Group, a global supplier of specialty fibers for textiles and nonwovens, has reported its Q3 2023 results, reflecting ongoing challenges in the market. The company’s revenue for the first three quarters of the year decreased by … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Economy, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Lenzing Group, Nico Reiner, Stephan Sielaff
(IN BRIEF) Borealis, a leading provider of innovative solutions in the plastics industry, has announced the successful completion of its acquisition of Rialti S.p.A., a prominent European polypropylene (PP) compounder specializing in sustainable PP compounds made from mechanically recycled feedstock. … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Technology
Tagged acquisition, Borealis, Italy, Lucrèce Foufopoulos, Massimo Dal Toso, partnership, polypropylene, Recyclate-Based, Rialti, sustainability
(IN BRIEF) Elli, a brand under the Volkswagen Group, has introduced Elli Fleet Charging, an intelligent solution for managing and optimizing electric vehicle (EV) fleets across Europe. Initially available in Germany, Italy, Spain, and Austria, the platform allows companies to … Read the full press release
Posted in Austria, Automotive, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Spain, Technology, Transportation & Logistics
Tagged Austria, electric vehicle, Elli, Elli Fleet Charging, Europe, Germany, Giovanni Palazzo, Italy, partnership, Spain, sustainability, Volkswagen
(IN BRIEF) Kapsch, a leading transportation solutions provider, has developed advanced Weigh in Motion (WIM) systems to address the challenges posed by overweight and overloaded vehicles on roads. These systems accurately measure axle and total weights, detect weight categories and … Read the full press release
(IN BRIEF) In the third quarter of 2023, ANDRITZ, an international technology group, achieved substantial growth in revenue, earnings, and net income compared to the previous year. While the total order intake declined due to the absence of a large … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, Financial, GREEN HYDROGEN, investment, Joachim Schönbeck, partnership, sustainability
(IN BRIEF) GUTEX, a leading wood fiber insulation board manufacturer in Germany, has successfully implemented a cutting-edge ANDRITZ fiber preparation system at its Eschbach facility. This achievement marks the second collaboration between GUTEX and ANDRITZ and showcases their commitment to … Read the full press release
Posted in Austria, Business, Environment, Germany, Industrial, Technology
Tagged Andritz, ANDRITZ RotaBarker, chipping, debarking, debarking system, Eschbach, Fiber Preparation Line, fiber preparation system, fibers, Germany, GUTEX, HHQ-Chipper, Michael Rupp, Oliver Bauch, softwood chips, Wood fiber insulation board, wood fiberboard insulation
(IN BRIEF) The Supervisory Board of Kapsch TrafficCom AG has decided not to extend the contract of Andreas Hämmerle, who serves as the Chief Financial Officer (CFO) and is set to remain in his role until 2024. Consequently, Georg Kapsch, … Read the full press release
Posted in Austria, Business, Industrial, Management, News, Transportation & Logistics
Tagged Andreas Hämmerle, appointment, CEO, CFO, Georg Kapsch, Kapsch TrafficCom, leadership
(IN BRIEF) Borealis, a leading provider of sustainable polyolefin solutions and base chemicals, has forged a long-term Power Purchase Agreement (PPA) with Alpiq, a Swiss energy services provider and European electricity producer. Under this agreement, starting from early 2024, Alpiq … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Financial, Finland, Government, Industrial, Investment, Management, News, Switzerland
Tagged Alpiq, Borealis, Finnish, Matti Ahtosalo, partnership, renewable energy, sustainability, wind farm, Wolfram Krenn
(IN BRIEF) During the Borealis Innovation Day held in Linz, Austria, on October 17, 2023, the Borealis Innovation and Technology team announced the recipients of the Borealis Scientific Innovation Award (BSIA) and the InnoTech Recognitions. The BSIA aims to identify … Read the full press release
(IN BRIEF) Lenzing Group, a global leader in wood-based specialty fibers, is introducing innovations in protective wear. They’ve developed the Lenzing Fiber Identification System to enhance material transparency and traceability for their LENZING™ FR (flame resistant) cellulosic fibers. This system … Read the full press release
Posted in Austria, Environment, Industrial, Security & Safety
Tagged cellulosic fibers, ClimatePartner, fibers, flame resistant, Lenzing Fiber Identification System for LENZING™ FR, Lenzing Group, LENZING™ FR fibers, material transparency, Oliver Spöcker, protective garments, protective wear, quality assurance, traceability
(IN BRIEF) voestalpine has officially opened an advanced special steel plant in Kapfenberg, Austria, marking a significant technological advancement in high-performance materials for automotive, energy, and aerospace industries. The plant, known for its high degree of digitalization and sustainability, is … Read the full press release
(IN BRIEF) Kapsch TrafficCom has implemented an advanced toll collection system called MLFF (Multi-Lane Free Flow) in Santiago de Chile’s metropolitan area. This system facilitates over 1.6 billion transactions annually across nine urban highways in Santiago and extends to two … Read the full press release
Posted in Austria, Infrastructure & Utilities, Technology, Transportation & Logistics
Tagged Autopista Central, Carlos Wiedmaier, Chile, in-vehicle tags, intelligent traffic management solutions, Kapsch TrafficCom, Samuel Kapsch, Santiago, sustainable mobility, toll, tolling systems, transportation solutions, urban highways
(IN BRIEF) The nominees for the Brick Award 24, an international prize for brick architecture, have been announced, with 50 projects selected from 743 submissions across 54 countries. These projects showcase innovative and sustainable uses of brick as a building … Read the full press release
Posted in Austria, Awards, Business, Construction, Environment, Industrial, Infrastructure & Utilities, Management, Media, News, Technology
Tagged Awards, Boonserm Premthada, Brick Architecture, Brick Award 24, Christelle Avenier, Christine Conix, Heimo Scheuch, Ingrid van der Heijden, INNOVATION, nominees, sustainability, Wienerberger, Wojciech Malecki
(IN BRIEF) ANDRITZ, an international technology group, has received an order from Idex, a leading energy services company in France, to supply a third waste treatment line to a waste-to-energy center in Villers-Saint-Paul, near Paris. This extension will increase the … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, France, French Waste-to-Energy Center, Idex, Jean-Pierre Lamalle, partnership, Renewable Energy Capacity, sustainability
(IN BRIEF) ANDRITZ, a global technology group, is relocating and upgrading a fiberline for Yueyang Forest & Paper to produce premium-quality fibers for its advanced paper machine. Originally supplied in 2011, the fiberline will now be moved to Yueyang city, … Read the full press release
Posted in Austria, Business, Environment, Industrial, Technology
Tagged Andritz, CHINA, fiberline, fibers, fine paper, Hunan Province, industrial paper, Mr. Xu Jianhong, P-RC APMP, packaging paper, paper machine, PrimeMSD Impressafiner, printing papers, writing papers, Yuanjiang city, Yueyang Forest & Paper
(IN BRIEF) Kapsch TrafficCom has received an award at the Austria’s Leading Companies ceremony for its “Responsible Annotation” project, which focuses on integrating people with disabilities into the workforce. The project, initiated in 2019, provides opportunities for young individuals at … Read the full press release
(IN BRIEF) VRG Components, a global distributor of electronic components, has announced a partnership with Insistra, an Austrian-based agency. Both companies share a commitment to quality, timely deliveries, and customer service. Insistra will work with Austrian manufacturers to address supply … Read the full press release
(IN BRIEF) Lenzing Group, a global producer of wood-based specialty fibers, and Kaihara, a Japanese denim manufacturer, have formed a groundbreaking partnership to redefine denim fashion on a global scale. Leveraging TENCEL™ branded fibers, their collaboration aims to cater to … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Industrial
Tagged branded fibers, Dennis Hui, fabric innovation, fiber, HIROFUMI Inagaki, Japanese denim manufacturer, Kaihara, Kaihara x TENCEL™ Denim Week, Lenzing Group, Lyocell, Modal, sustainable fashion, Tencel™, wood-based specialty fibers
(IN BRIEF) AMAG, an Austrian corporation, has been honored at the Cercle Investor Relations Austria (CIRA) Annual Conference for its exceptional sustainability reporting. The conference has been recognizing Austrian companies for their capital market communication since 2016, with a focus … Read the full press release
Posted in Austria, Awards, Business, Environment, Management, Metals and Minerals, News
Tagged AMAG, Award, Christoph Gabriel, CIRA Annual Conference, Gerald Mayer, Prof. Dr. Henning Zülch, sustainability
(IN BRIEF) ANDRITZ, a global technology group, will supply a pressurized refining system to Sonae Arauco Deutschland GmbH’s Meppen mill in Germany. This system will enable the production of wood-based insulation products and marks ANDRITZ’s 15th insulation board production line … Read the full press release
Posted in Austria, Business, Construction, Germany, Industrial, Technology
Tagged Andritz, Bernd Runge, Christian Rosypal, Frank Guennemann, Germany, insulation board production line, insulation boards, Irma Stoffelen, Meppen, Michael Rupp, mill, Paulo Pinto Sousa, Pedro Marujo, pressurized refining system, Sami Mrad, Sonae Arauco Deutschland GmbH, Winfried Farwick, wood-based insulation products
(IN BRIEF) AMAG Austria Metall AG has renewed its multi-year supply contract with Airbus. This contract renewal allows AMAG to increase its business volume due to rising aircraft production rates and a larger market share. AMAG will supply certified rolled … Read the full press release
Posted in Austria, Aviation & Aerospace, Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Airbus, AMAG Austria Metall, Gerald Mayer, partnership, sustainability
(IN BRIEF) voestalpine, a leading global steel and technology group, has commenced construction for its greentec steel project at its Linz headquarters in Austria. This initiative aims to electrify energy-intensive processes in steel production using two green electricity-powered electric arc … Read the full press release
(IN BRIEF) Lenzing Group, a global producer of wood-based specialty fibers, has partnered with Kentaur, a Danish manufacturer of innovative workwear, to create a pilot collection of chef uniforms focused on circularity, durability, and functionality. These uniforms consist of 50% … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Denmark, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Alexandra Steger, Chef Uniforms, Christian Beirholm, Kentaur, Lenzing, lyocell fibers, partnership, REFIBRA™, sustainability, technology, Tencel™, workwear
(IN BRIEF) ANDRITZ, an international technology group, will rebuild Holmen Paper’s paper machine at the Braviken mill in Sweden to enhance production flexibility. This initiative will allow Holmen Paper to increase the production of fluting for corrugated boxes while ensuring … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged Andritz, Gerald Steiner, Holmen Paper, innovative, Ola Schultz-Eklund, Paper Machine Rebuild, partnership, sustainability, Sweden
(IN BRIEF) SAP has unveiled a series of enhancements to its spend management and business network solutions, incorporating generative AI into category management, introducing the SAP Spend Control Tower with advanced AI features, embedding AI-powered supplier risk assessment, and partnering … Read the full press release
Posted in Austria, Business, Industrial, Management, News, Technology
Tagged AI, innovations, Muhammad Alam, SAP, Scoutbee GmbH
(IN BRIEF) International technology group ANDRITZ is set to deliver a complete fiber preparation line for a groundbreaking greenfield plant in Egypt’s Toshka region. This pioneering facility, supported by ANDRITZ in partnership with WESER Industrie- und Anlagentechnik GmbH and DIEFFENBACHER … Read the full press release
(IN BRIEF) Effective from October 1, 2023, Felix Haar has assumed the role of Regional Director for Salzburg, responsible for UniCredit Bank Austria’s corporate banking business in the region. He succeeds Hartmut Staltner, who will transition to working on strategic … Read the full press release
Posted in Austria, Banks, Business, Financial, Industrial, Investment, Management, News
Tagged appointment, Corporate Banking Business, Dieter Hengl, Felix Haar, Hartmut Staltner, leadership, Salzburg, UniCredit Bank Austria
(IN BRIEF) Bosch Power Tools plans to purchase around 50% of FerRobotics Compliant Robot Technology GmbH, a global leader in contact-sensitive automation. The deal, signed on September 29, 2023, aims to expand Bosch Power Tools’ presence in the accessories market … Read the full press release
(IN BRIEF) Borealis and TotalEnergies are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Pasadena, Texas. Representing a significant investment of USD 1.4 billion, this state-of-the-art unit, referred to as Bay 3, doubles … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Baystar, Bernard Pinatel, Borealis, Borstar® polyethylene (PE) unit, partnership, Pasadena, petrochemical, polyethylene unit, sustainability, Texas, Thomas Gangl, TotalEnergies
(IN BRIEF) ÖBB Rail Cargo Group (RCG) in partnership with Ukrainian Railways (UZ) has launched the TransFER Vienna-Kyiv route, connecting Ukraine to RCG’s intermodal network, TransNET. The inaugural test train successfully transported non-craneable semi-trailers carrying building materials from Kyiv to … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, Ukraine
Tagged Intermodal Freight Transport, ÖBB Rail Cargo Group, partnership, sustainability, TransFER Route, Transnet, Ukrainian Railways
(IN BRIEF) Zhejiang Jingxing Paper Co., Ltd., a prominent Chinese packaging paper and household tissue manufacturer, has successfully initiated operations on a high-capacity deinking pulp (DIP) line supplied by ANDRITZ at its facility in Pinghu City, Zhejiang Province, China. This … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, DIP Line, efficiency, Mr. Li Liubai, partnership, Quality, sustainability, Zhejiang Jingxing Paper
(IN BRIEF) Equinor has entered into a new five-year gas sales agreement with OMV, Austria’s major energy company. Starting from October 1, this year, the deal involves an annual gas volume of 12 TWh, with delivery to OMV’s European portfolio … Read the full press release
Posted in Austria, Energy, Gas & Oil, Industrial, Norway
Tagged energy company, Equinor, gas sales agreement, Helge Haugane, OMV, Trading Hub Europe
(IN BRIEF) Vienna Stock Exchange has introduced three new thematic indices to reflect long-term investment trends in the Central and Eastern European (CEE) region. These indices are CECE Reshoring, CECE Commodity Producers, and CECE Clean Energy. CECE Reshoring comprises companies … Read the full press release
(IN BRIEF) ANDRITZ, a technology group known for processing various fibers in pulp and paper mills worldwide, has renewed its collaboration with Vienna’s Schönbrunn Zoo to provide specially prepared bamboo for the zoo’s giant pandas. In response to a unique … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, Bamboo Diet, Denis Jozic, Eveline Dungl, giant pandas, Laura Liukkonen, partnership, Schönbrunn Zoo, sustainability, Vienna, Yang Yang, Yuan Yuan
(IN BRIEF) voestalpine has launched an innovative brand campaign, featuring its employees as ambassadors who sing about their passions and roles in a rendition of “My Favorite Things.” This campaign highlights how voestalpine contributes to sustainability and modern living through … Read the full press release
(IN BRIEF) International technology group ANDRITZ has successfully commenced operations of a new carding machine and opening/blending line at Albis in Roasio, Vercelli, Italy. This investment marks a significant milestone for Albis in meeting evolving demands and producing innovative nonwoven … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Financial, Healthcare, Industrial, Investment, Management, News, Technology
Tagged ALBIS, Albis Curacell, Andritz, hygiène, investment, medical applications, Mr. Fabien Ravier, Mr. Gianni Boscolo, Nonwoven Innovation, partnership, sustainability
(IN BRIEF) The Lenzing Group, a leading provider of specialty cellulose fibers for textiles and nonwoven industries, has attained certification from the prestigious EU Ecolabel for its fibers produced at the Indonesian facility in Purwakarta (PT. South Pacific Viscose). This … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
