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Austria/Germany: No more Integral trains from Austria

Article Abstract:

Connex AG, German Frankfurt-based subsidiary of French Vivendi group, is taking over the Integral train division of Austrian Jenbacher AG by the end of 2001. The last one of the 17 Integral trains will be delivered from Austria to Bayerische Oberlandbahn in October 2001. It has not been settled yet where Connex will produce the Integral trains in future. The plan to make them at a former Adtranz factory in Nuremberg has failed. The project with Integral trains has cost Jenbacher about Sch 300mn. Now the company is to concentrate on its core business of gas motors. The company expects to double turnover within 3-5 years. In 2001 sales are expected to rise from Sch 3bn to Sch 4bn.

Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
Germany, New Rail Passenger Cars, Connex International Ltd., Passenger cars (Railcars)

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AUSTRIA: JENBACHER TO GIVE UP RAILWAY DIVISION

Article Abstract:

Austrian Jenbacher AG is to concentrate on energy systems and sell its railway rolling stock division still in 2000. Jenbacher claims the world market leadership in the production of small and medium-sized gas motors for energy generation. Within the next three years, the company is aiming to increase turnover from the current Sch 3.4bn to Sch 5bn.

Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2000
Strategy & planning, Railroad Equipment, Railroad equipment industry

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US/MEXICO: JENBACHER PLANNING INVESTMENT

Article Abstract:

Possible locations for the American production plant planned by Austrian Jenbacher AG are said to include Mexico beside Detroit. The plant would create 50-70 jobs. Demand for gas turbines for power generation is booming in the US.

Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
United States, Capital expenditures, Mexico

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Subjects list: Austria, Gas turbine power plants, Austrian Jenbacher AG
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