Austria’s Kontron Group has bought a piece of the former UTI empire – one of the groups that used to be a key player in the area of IT and security solution contracts awarded by the public sector, the Altimate company, to be precise.
Austria’s brick manufacturer Wienerberger, which has seven plants in Romania, posted local sales worth EUR46.6 million in the first half of 2023, down 25% from the year-earlier period.
SeedBlink platform is expanding its presence in Germany, Austria and Switzerland, where it wants to invest over EUR1.5 million in 2023 in eight startups and twice as much in 2024.
Egger Romania, part of Austria’s Egger, a supplier of wood-based material for furniture industry and interior decorations, construction and flooring, has for the coming period earmarked EUR35 investments in infrastructure, equipment, new production installations and existing installation retooling.
Austria’s HS Timber sold its company in Sebes, Romania, to Germany’s Ziegler Group, which has logistics and wood processing operations. With this acquisition, Ziegler Group enters Romania.
Egger Romania, part of Austria’s Egger, a supplier of wood-based material for furniture industry and interior decorations, construction and flooring, ended 2022 with investments of EUR13.5 million which were geared mostly towards increasing the capacity of collecting and processing recyclable wood waste and towards a new impregnated paper production line.
Wolf Theiss acted as legal advisor to Raiffeisen Bank International AG (RBI) and its subsidiaries in CEE in nine Debt Capital Markets trades in three jurisdictions, Austria, Romania and Hungary, in the second half of 2022, with a total issue volume of over EUR 2.5 billion.
Austria’s Enery Power Holding, also present on the energy markets of Czechia, Slovakia and Bulgaria, signed an agreement to buy the renewable energy project portfolio owned by Canada’s Jade Power Trust in Romania, for EUR71 million.
Portland Trust, the investment fund having ARES Management and Bluehouse as equity partners, has finalized the sale of Expo Business Park compound, of Bucharest’s Expozitiei area, to Austria’s S Immo, which also owns Bucharest’s shopping center Sun Plaza.
Expanded polystyrene (EPS) manufacturer Hirsch Porozell, the local subsidiary of Austria’s Hirsch Servo AG, last year topped RON200 million in turnover, after a 52% increase from the 2020 figure, in line with ZF calculations based on Finance Ministry data.
Grampet, the largest private rail freight and logistics operator in Romania and Central and South Eastern Europe, is present on the logistics segment in Austria with the company Grampetcargo Austria.
Adrian Cocan, founder of Agroserv Mariuta, the company owning the Laptaria cu Caimac brand, with RON49 million turnover in 2020 and around 200 employees, says he plans to take his products to Germany, Austria, Switzerland, Benelux.
Austria’s ALPLA Group, a world leader in the development, production and recycling of plastic packaging, has acquired Austria’s packaging manufacturer Wolf Plastics Group.
Former McDonald’s Romania chief executive officer and minority shareholder Daniel Boaje has bought the McDonald’s franchise for ten restaurants in Austria from entrepreneur Dietmar Kuhn.