Michael Linhart, Austria’s ambassador to France, has been appointed as the country’s foreign minister. He will succeed Alexander Schallenberg, who has been designated to become Austrian chancellor, as per a statement released on Monday. Linhart, a career diplomat who served… Read More ›
The acquisition makes sense for AMS since it sees synergy with Osram sensor solutions and photonics businesses especially in the emerging self-driving market. Austrian sensor specialist AMS’ offer to acquire Germany’s Osram has trigerred a bidding war for the German… Read More ›
Given the intertwined nature of the airplane industry, FACC sees no danger to its business due to the U.S.-China trade war. Brexit though is another story, since it could rip apart existing supply chains. China-owned Austrian aeroplane parts maker FACC… Read More ›
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