ABA Newsletter (15 Mar 2017)

Date: Mar 2017

LUKOIL Lubricants: New premium motor oil for Mercedes Benz

Product innovations are at the top of the agenda at LUKOIL Lubricants. The Th lubricant manufacturer based in Vienna has launched a new motor oil on the marketplace as its latest achievement. This special motor oil was developed for the latest engine generation integrated into Mercedes Benz vehicles.

The new LUKOIL GENESIS motor represents another product innovation from the company’s European headquarters in Vienna. Last year LUKOIL Lubricants opened a site in the Lobau area of Vienna. The lubricant production facility was expanded to become one of the most advanced in Europe. The core elements of the expansion are swimming oil transfer stations, several additional storage tanks as well as the conversion of existing storage tanks to production tanks. This not only served as the basis for doubling capacities but also provided the company with the ability to load and unload ships.

New IMP building: International research center opens in Vienna

Boehringer Ingelheim has constructed a new flagship for the “Vienna Biocenter”. Two hundred scientists from almost 40 countries will continue their groundbreaking research. Philipp von Lattorff explains that Boehringer Ingelheim, in its capacity as a family-owned company, has the financial means to support basic research which may first lead to the development of new drugs in the long run. “IMP is the most important investment of Boehringer Ingelheim in basic research”, says the Managing Director of Boehringer Ingelheim RCV.

Final Call: MIT EUROPE Conference 2017

In just a short time, prominent representatives of sciences and top-notch researchers of the Massachusetts Institute of Technology (MIT) will gather together in Vienna. AUSSENWIRTSCHAFT AUSTRIA, the foreign trade office of the Austrian Federal Economic Chamber, is hosting the international technology conference on the premises of the Federal Economic Chamber from March 29-30, 2017.

Strengthen SMEs: Labs provide support for technological innovatio

Together with five partners from Italy and Austria, Salzburg Research won the Interreg projects Labs.4.SMEs. The objective of the project is to strengthen the cooperation of small and medium-sized firms (SMEs) with labs (e.g. fablabs, digital labs) in order to promote technological innovation.

These open workshops offer different services to companies which are particularly advantageous in the development phase and enable them to press ahead with innovations. Up until now SMEs were not very familiar with these workshops and above all, with the opportunities and services they offer. This cross-border project aims to remedy the situation. From the very beginning, the focus is on SMEs and their needs. Subsequently several firms will be given the opportunity within the context of a pilot project to use innovation-relevant services offered by labs to support them in doing research, testing or in the design development of product and service innovations..

8th Grow East Congress: “CEE Reloaded: Lessons learned from nearly 30 years of transition”

The 8th Grow East Congress gives a forum to policy makers, entrepreneurs and executives active in the countries of Central and Eastern Europe. The Congress offers you the possibility to meet influential people who have been shaping the economies of CEE and learn about their views of the region for the years to come: What are the lessons from nearly 30 years of transition in CEE? How will the region develop in the next years?

8th Grow East Congress: “CEE Reloaded: Lessons learned from nearly 30 years of transition”

The Slovenian fence manufacturer OGK Zäune invested EUR 1.5 million to build a production hall including an adjacent warehouse, sales and display space.

The output of the machinery can reach a level of up to 40,000 linear meters of wire mesh fence per month.

OGK Zäune decided to expand to Carinthia in order to be closer to Austrian customers and thus offer shorter delivery times and better customer service. The fact that the industrial park in Völkermarkt is located logistically near the parent company in Slovenia is a further reason for the selection of this site.

The parent company Ograje Kočevar is a family-owned company specializing in the production of fences and gates. The company generates dynamic growth of 10% each year and annual revenue of EUR 4.4 million.

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