Tag Archives: Austria

Siemens launches SICHARGE FLEX distributed EV charging system delivering up to 1.68 MW for next-generation mobility

(IN BRIEF) Siemens has launched SICHARGE FLEX, its new distributed EV charging system capable of delivering from 480 kW up to 1.68 MW DC with fully dynamic power distribution and charging currents of up to 1,500 A. Designed for both … Read the full press release

AUTO1 Group enhances Autohero operations through new refurbishment hubs in Italy, Austria, and the Netherlands

(IN BRIEF) AUTO1 Group SE is expanding its refurbishment network with three new production centers in Patrica, Italy, Wolkersdorf, Austria, and Dordrecht, the Netherlands. Together, the sites will add capacity for 71,500 cars per year, pushing the company’s total output … Read the full press release

ANDRITZ wins major contract to upgrade Formin hydropower plant for Dravske elektrarne Maribor in Slovenia

(IN BRIEF) ANDRITZ has secured a high double-digit million-euro contract from Dravske elektrarne Maribor (DEM) to modernize the Formin hydropower plant in Slovenia. The project involves supplying new turbines, generators, and electromechanical equipment, raising the plant’s capacity from 116 MW … Read the full press release

Stadler and GYSEV unveil final design for new intercity trains set to transform Hungarian rail travel

(IN BRIEF) Stadler and GYSEV have completed the design of 11 new FLIRT intercity trains, which will be produced in Szolnok and delivered starting in late 2027. This marks Hungary’s first intercity EMU procurement in 30 years. The trains, built … Read the full press release

IKEA launches global långbord events to celebrate Cooking & Eating Year and bring communities together

(IN BRIEF) IKEA is launching its first-ever global celebration of the Swedish långbord, with more than 200 stores in at least 14 markets hosting communal dining events beginning September 13. The initiative marks the start of Cooking & Eating Year, … Read the full press release

flatexDEGIRO brings low-cost crypto trading to France, the Netherlands, Spain, and Austria as rollout expands

(IN BRIEF) flatexDEGIRO has expanded its crypto trading services to France, the Netherlands, Spain, and Austria, extending access to more than two million customers across Europe. Building on its launch in Germany in December 2024 and recognition as “Best Crypto … Read the full press release

EBRD drives sustainable tourism in Montenegro through infrastructure investment and cultural heritage projects

(IN BRIEF) EBRD is supporting Montenegro’s economy by pairing infrastructure investments with cultural heritage initiatives to make tourism more resilient and sustainable. Backed by donors including the EU, Austria and Sweden, the Bank is funding transport and water supply upgrades … Read the full press release

Lenzing expands photovoltaic capacity with VERBUND to accelerate renewable energy transition and net-zero goals

IN BRIEF) Lenzing Group has expanded its photovoltaic capacity at its Austrian headquarters with the commissioning of a new 1.3 MWp plant in partnership with VERBUND, raising the site’s total PV output to 8.3 MWp. This move strengthens the company’s … Read the full press release

Deutsche Telekom Unveils Affordable AI-Powered T Phone 3 and T Tablet 2 for Everyday Assistance Across Europe

(IN BRIEF) Deutsche Telekom has launched its AI-phone (T Phone 3) and AI-tablet (T Tablet 2), both powered by the Perplexity Assistant to help users with everyday tasks such as scheduling, translation, travel planning, shopping, and entertainment recommendations. Available from … Read the full press release

Alstom and Norske tog Launch First Coradia Stream Nordic Train for June 2026 Oslo Service

(IN BRIEF) Alstom and Norske tog have presented the first of 55 Coradia Stream train sets at Oslo’s Grorud depot, kicking off a months-long testing regimen across Europe and in Norway’s winter mountains. This launch, attended by top transport officials, … Read the full press release

Sika and Sulzer Launch Joint Venture to Revolutionize Plastics Recycling in the Construction Industry

(IN BRIEF) Sika and Sulzer have signed an MoU to establish a joint venture focused on plastics recycling in the construction industry. The venture aims to address the inefficiencies in current recycling methods by combining mechanical and chemical processes to … Read the full press release

ZÜBLIN Completes Acquisition of BAUER Spezialtiefbau, Enhancing Its Foundation Engineering Services in Austria

(IN BRIEF) ZÜBLIN Spezialtiefbau has acquired BAUER Spezialtiefbau Ges.m.b.H., further strengthening its foundation engineering capabilities in Austria. The merger combines ZÜBLIN’s expertise in technologies like diaphragm walls and groundwater drainage with BAUER’s specialization in pile construction. This acquisition will enable … Read the full press release

voestalpine Calls for Continued Electricity Price Compensation to Protect Austria’s Energy-Intensive Industry

(IN BRIEF) voestalpine AG has urged the Austrian federal government to ensure fair competition for Austria’s energy-intensive industries by continuing to use electricity price compensation, a measure already utilized by many EU countries. The company emphasizes that this compensation is … Read the full press release

Erste Private Banking Dominates Euromoney Awards with Six Distinctions Across Central and Eastern Europe

(IN BRIEF) Erste Private Banking has been honored with six best-in-class awards by Euromoney, highlighting its exceptional performance across multiple regions. In Austria, the bank was recognized as the “Best Private Bank,” “Best for High-Net-Worth” clients, and “Best for Discretionary … Read the full press release

bp Drives Portfolio Reshaping: Strategic Sale of Austrian Retail Sites, EV Charging, and Fleet Business

(IN BRIEF) bp has announced its intention to sell its mobility and convenience business in Austria as part of a strategic move to focus on its downstream operations. The sale includes over 260 retail sites (approximately 120 company-owned), EV charging … Read the full press release

Kapsch TrafficCom’s Global C-ITS Deployment Paves the Way for Safer, Smarter Highways

(IN BRIEF) Germany is advancing highway safety and traffic efficiency through a new C-ITS initiative that uses ITS Roadside Stations integrated into mobile barrier boards across 8,600 kilometers to send real-time warnings to drivers about roadworks, thereby protecting road workers. … Read the full press release

VERBUND’s Kaprun 2029 Project Reaches Major Milestone with Tunnel Boring Machine Launch

(IN BRIEF) On February 18, 2025, the tunnel boring machine (TBM) for VERBUND’s Kaprun 2029 project began its 5.6-kilometre journey from the Limberg valve chamber to the surge tank beneath Maiskogel, marking a key milestone in the project’s modernization efforts. … Read the full press release

Siemens Expands Industrial-Grade Private 5G Infrastructure to Enhance Connectivity Across Europe and Brazil

(IN BRIEF) Siemens has enhanced its industrial-grade private 5G infrastructure to support larger industrial areas, now covering up to 24 radio units, each providing connectivity for 5,000 m². This solution is available in six European countries and Brazil, with more … Read the full press release

Formo Secures €35 Million EIB Loan to Scale Up Production of Fermentation-Based Cheese Alternatives

(IN BRIEF) Formo, a Berlin-based food tech company, has secured a €35 million loan from the European Investment Bank (EIB) to scale up its fermentation processes for producing dairy and egg alternatives. This brings the company’s total financing to over … Read the full press release