All entries located in Upper Austria (Austria), newest first. tag:eurotrack.ai,2026:en:en/regions/upper-austria 2026-11-03T06:00:00Z Eurotrack tag:eurotrack.ai,2026:4e972fe4:en 2026-11-03T06:00:00Z

Restructuring proceedings without self-administration were opened at Wels regional court on 3 November 2026 against the plastering, screed and concrete company; 50 employees are affected and liabilities are about €3.8m according to KSV1870. A 20% payout is offered; the administrator is assessing whether and to what extent the business continues, so the figure is not in the job-cuts field (Tips, 3 November 2026). — Source: https://www.tips.at/nachrichten/voecklabruck/land-leute/740800-lachinger-gmbh-in-oberhofen-insolvenz-betrifft-50-mitarbeiter

tag:eurotrack.ai,2026:35713b83:en 2026-10-19T06:00:00Z

On 19 October 2026 US drone maker Red Cat Holdings, through its subsidiary SMOT Acquisition, launched a voluntary public cash offer for all shares of Austrian engine maker Steyr Motors: €39.00 per share, valuing the company at about €205m. Anchor shareholder B&C (15%) backs the offer; the acceptance period runs to 18 December 2026, conditional on a minimum acceptance of 50% plus one share and regulatory approvals including Austrian investment screening, with completion expected in the first half of 2027. It follows the preliminary proposal withdrawn on 29 July 2026 (entry 26302bf7) (Salzburger Nachrichten/APA, 19 Oct 2026). Update (21.10.2026): Steyr Motors has signed a business combination agreement with Red Cat and SMOT Acquisition; its management and supervisory boards intend to recommend acceptance. Red Cat commits not to relocate the registered office, production or R&D from Steyr for three years and not to cause redundancies among blue-collar workers for two years (Steyr Motors, ad hoc release, 21 Oct 2026). — Sources: https://www.sn.at/wirtschaft/oesterreich/red-cat-will-steyr-motors-fuer-205-mio-euro-uebernehmen-art-679081 · https://www.finanznachrichten.de/nachrichten-2026-10/69895527-eqs-adhoc-steyr-motors-ag-abschluss-business-combination-agreement-mit-red-cat-holdings-inc-und-smot-acquisition-gmbh-022.htm

tag:eurotrack.ai,2026:fb0fa198:en 2026-10-13T06:00:00Z

Linz regional court has opened bankruptcy proceedings against the staffing agency, affecting 68 employees and one apprentice plus about 60 creditors. Whether the business continues was initially open, so the figure is not in the job-cuts field (Heute, 13 October 2026). — Source: https://www.heute.at/s/firma-pleite-69-beschaeftigte-bangen-um-ihre-jobs-120265730

tag:eurotrack.ai,2026:c0b4c4c9:en 2026-07-30T06:00:00Z

Follow-up to the mandatory offer of 29 June 2026: on 30 July 2026 Kontron announced the result of the closed acceptance period. A total of 12,289,840 shares were tendered, an acceptance rate of around 19.5%. After completion of the transaction ENNOCONN will not hold a majority of the voting rights in Kontron — the management and supervisory boards had expressly recommended against accepting the offer. At the same time a foreign direct investment (FDI) review was opened at the German Federal Ministry for Economic Affairs and Energy under the Foreign Trade and Payments Act, examining whether the acquisition affects Germany's security or public order. According to the company the duration of that procedure cannot be reliably estimated; since shareholders retain withdrawal rights until all regulatory approvals are in place, the final stake may still change. Update (10 August 2026): Kontron reported that all offer conditions have been met — Germany's foreign investment (FDI) clearance has been granted, considerably earlier than Kontron had previously thought possible. According to ENNOCONN the offer will settle on 20 August 2026; there has been no material shift in the shares tendered. Before settlement ENNOCONN holds 48.36% of Kontron shares per its shareholding notification and will not hold a majority of the voting rights after completion either. No further increase in the stake is planned; Kontron remains independent and intends to deepen its cooperation with Foxconn/ENNOCONN to realise EUR 40m in synergies over the medium term. Update (24 August 2026): The mandatory offer settled on 20 August 2026; according to finanztrends.de 12,238,502 Kontron shares were transferred to ENNOCONN. ENNOCONN thus holds about 48.36% and no voting majority; the process is complete and no further stake increase has been announced. — Source: https://www.onvista.de/news/2026/07-30-eqs-news-kontron-ag-annahmefrist-fuer-das-pflichtangebot-ist-beendet-einleitung-eines-fdi-ueberpruefungsverfahrens-keine-mehrheit-fuer-ennoconn-0-37-26537892

tag:eurotrack.ai,2026:26302bf7:en 2026-07-29T06:00:00Z

US drone and robotics maker Red Cat Holdings clarified on 29 July 2026 that it had withdrawn its non-binding preliminary offer for Austrian specialist engine manufacturer Steyr Motors AG; no active offer remains. Steyr shares, listed in Vienna and Frankfurt, fell on the news, while Red Cat stock lost around 4.4%. — Source: https://www.globenewswire.com/news-release/2026/07/29/3334919/0/en/Red-Cat-Issues-Statement-Regarding-Steyr-Motors-AG.html

tag:eurotrack.ai,2026:114d44ad:en 2026-07-21T06:00:00Z

Family-owned VALETTA broke ground on 21 July 2026 for the expansion of its production site in Linz: usable space grows by 10,000 m² to a future 16,000 m², with a 16-month construction period during ongoing operations and completion at the end of 2027. The project includes photovoltaics and thermal insulation; the focus is on securing existing jobs, with no specific hiring figures announced. — Source: https://www.presse-nachrichten.de/2026/07/21/spatenstich-in-linz-valetta-investiert-7-millionen-euro-in-neue-produktionsstaette/

tag:eurotrack.ai,2026:c3f308b5:en 2026-07-07T06:00:00Z

EQT is buying Corza Medical's business built around the TachoSil haemostatic patch, with manufacturing in Linz and about 400 staff worldwide; no price or revenue was given and closing is expected in Q4 2026 (EQT, 7 July 2026). Update (23 September 2026): the European Commission cleared the deal as case M.12554 (European Commission, Daily News, 23 September 2026). — Sources: https://eqtgroup.com/news/eqt-to-acquire-the-tachosil-biosurgery-business-from-corza-medical-2026-07-07 · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_1951

tag:eurotrack.ai,2026:65aa8fd8:en 2026-06-29T06:00:00Z

Taiwanese industrial computer maker ENNOCONN published a mandatory offer of EUR 23.50 per share to shareholders of Linz-based IoT and embedded computing group Kontron on 29 June 2026, after crossing the 30% voting rights threshold. On 8 July 2026 Kontron's management and supervisory boards issued a joint reasoned statement recommending shareholders reject the offer: the price is not financially adequate, contains no premium and falls well short of analyst price targets (averaging EUR 30.29). The acceptance period ended on 27 July 2026; completion is subject to merger control clearances in Germany and the US and foreign investment clearances in Germany, France, Austria and Taiwan. Added retrospectively: the transaction had not previously been tracked. — Source: https://www.kontron.com/de/medien/nachrichten/kontron-ag-vorstand-und-aufsichtsrat-empfehlen-aktionaren-das-pflichtangebot-der-ennoconn-corporation-nicht-anzunehmen?eqs=962683716

tag:eurotrack.ai,2026:a1f3936c:en 2026-05-27T06:00:00Z

ÖBB-Technische Services has broken ground on a new service hall in Raimundstrasse in Linz, where electric multiple units for long-distance and regional services will be maintained in future, including the new Cityjet M for Upper Austria. The hall, with a green roof and an area of about 11,000 m², accommodates seven trains on five tracks and is financed by ÖBB-Personenverkehr AG. More than EUR 100 million is being invested, 110 additional people will work at the new site, and commissioning is planned for mid-2028. The date is the day of the report; the article does not give the exact date of the groundbreaking. (LOK Report, 27 May 2026) — Source: https://www.lok-report.de/news/europa/oesterreich/oesterreich-neue-massstaebe-in-der-zugwartung-spatenstich-fuer-servicestelle-in-linz.html

tag:eurotrack.ai,2026:81d291e3:en 2026-05-08T06:00:00Z

Around 1,600 jobs by the end of 2027, about 1,300 of them in Burghausen, 200 in Nünchritz and 60 in Munich. The PACE savings programme is intended to cut costs by more than €300 mn per year; compulsory redundancies are ruled out. — Source: https://www.pv-magazine.de/2026/05/08/wacker-chemie-baut-bis-ende-2027-rund-1600-stellen-in-deutschland-ab/