AUSTRIA: CONTINUED DECLINE FOR BRICK MAKERS

Article Abstract:

The industry association reports another double-digit fall in sales of Austrian brick and pre-fab parts manufacturers in 1999, with turnover falling from Sch 2.5bn to Sch 2.2bn. This is the most negative development among the European markets. The overall turnover of the Austrian stone and ceramics industry was 0.14% down from 1998. Production amounted to Sch 41bn. The decline in the brick sector is explained largely with the slump in residential construction in Austria. Since 1995 it has declined by 22% to Sch 43bn.

Forecasts, trends, outlooks, Brick & Structural Tile, Brick and Structural Clay Tile Manufacturing, Brick and structural clay tile, Bricks

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AUSTRIA: ETERNIT TO MODERNISE PRODUCTION

Article Abstract:

Eternit-Werke Ludwig Hatschek is making investments of about Sch 200mn at its main plant in Vocklabruck in the next three years in order to modernise production facilities. The company, which claims to be Austria's leading roofing and facade materials manufacturer, generated a turnover of about Sch 1bn in 1999.

Capital expenditures, Roofing Tile, Building Materials, Retail, Other Structural Clay Product Manufacturing, Building Material and Supplies Dealers, Lumber and other building materials, Structural clay products, not elsewhere classified, Roofing tiles, Eternit-Werke Ludwig Hatschek AG

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