21st Austria weekly - Warimpex Andritz VIG 29/11/2022 [pic1]Warimpex: In the first three quarters of year real estate development company Warimpex improved all its key financial metrics versus prior-year period. The profit for period increased from Euro 2.6 mn to 13.6 mn. These developments can primarily be attributed following factors: higher occupancy at office properties in Poland; full consolidation an additional property St. Petersburg; improvement rates hotels particularly comparison previous which was still significantly impacted by Covid-19; and not least strength Russian rouble. addition earnings contribution EUR 2.8 million came successful disposal B52 building Budapest while no sales transactions were completed Total revenues 69 per cent 32.4 mn.Warimpex:
Andritz has received an order from Xuan Mai Paper to supply a PrimeLineCOMPACT S1800 tissue machine for its production line PM2 at its mill located in Ho Chi Minh City, Vietnam. Start-up is scheduled for 2024.