The Austrian oilfield equipment supplier SBO reported a 12% revenue decline to €129.2 million and a 13.3% drop in profit to €13 million in the first quarter of 2025. CEO Klaus Mader attributes this to low oil prices and uncertainties caused by the US tariff dispute. While industry investments are decreasing, SBO is strategically focusing […]
Using Affordable Green Electricity for a Win-Win Situation
Why so-called PPAs are the key to the energy transition for industry — and why Austria’s green power producer Enery is launching the Enery Marshall Plan for energy-intensive industries. To answer the question “What is a PPA?” one sentence suffices: “A PPA is a win-win situation.” A PPA, short for Power Purchase Agreement, is a […]
Safety Through Atmosphere: Inert Gases Protect Quality and Processes in Industry
Oxygen is essential for life but can become a hazard in industrial processes. Inerting protects against explosions, preserves product quality, and is now standard in numerous industries — from chemicals to food production to the storage of flammable materials. Oxygen is an important component of many industrial processes but can also pose significant risks. Quality […]
EU Defense Fund “Safe”: What the Billion-Euro Program Means for Austria’s Defense and Industry
The EU is investing up to 150 billion euros in joint defense through the new defense fund “Safe.” What does this mean for Austria? Between neutrality and security strategy, new opportunities arise for the economy and industry — ranging from weapons technology to tank manufacturing. The EU member states have agreed on a new financing […]
Rare Earths in Europe: The Raw Material Power of the Future?
Access to rare earth elements is becoming a geopolitical key issue. While China dominates the global market, Europe is intensifying its search for its own deposits. New discoveries in Scandinavia and exploration projects in Germany and Austria are strengthening the EU’s raw materials strategy. What spices are to the kitchen, rare earth elements are to […]
Autonomous AI Agents at Siemens: A New Boost for Industrial Automation?
With autonomous AI agents, Siemens aims to redefine industrial automation — machines that can think, decide, and act independently. But behind this technological progress lie major challenges: How autonomous should production be? And what role will humans play in the factory of the future? A closer look beyond the buzzwords — and at what’s truly […]
Siemens Defies Protectionism but Warns of Decline in Investment
Despite millions in costs from Trump’s U.S. tariffs, Siemens remains calm — but the global investment climate is suffering. CEO Roland Busch sees growing risks, especially for export-driven sectors such as mechanical engineering and the automotive industry. The tariffs imposed by U.S. President Donald Trump are leaving the Munich-based technology group Siemens largely unfazed. According […]
Bosch Austria with Lower Revenue: Between Setback and a New Start into the Future
Bosch Austria is experiencing a significant drop in revenue in 2024.But instead of pulling back, the company is boldly pushing ahead with future-oriented initiatives — investing in hydrogen technology, climate-friendly heat pumps, and innovative developments. The weakening economy has also left its mark on Bosch Austria. The technology group reported a turnover of €1.25 billion […]
Small Items Sortation, Big Opportunities
Eurosort recently appointed Rens Gehling as its new Commercial Director, with a brief to chart and deliver an even brighter future for the Netherlands-based sorter supplier. Paul Hamblin meets him. In the increasingly dizzying world of logistics integration and automation, it pays to be a specialist. If you’re known – and more importantly, admired and […]
New Electric Series Forklift Introduced
Yale Lift Truck Technologies introduces the new ERP2.2-3.5N electric lift truck series, designed to help warehouses optimise efficiency and flexibility with the power of battery electric forklifts. With a versatile range of optional features, the Series N forklifts can lift up to 3.5 tonnes, delivering the performance and flexibility to meet specific operational needs. “The […]