VST Building Technologies AG announced that it has received €0.425 million in funding

VST Building Technologies AG is an Austria-based company engaged in the provision of prefabricated formwork solutions. The Company has three operating segments: Composite Systems, Construction, and Factory Facilities, as well as the segment Holding and Other. The Composite Systems segment develops composite formwork systems for building construction and covers the complete range of services in engineering, production and delivery. The Construction segment implements construction projects with focus on the assembly and concrete work. The Factory Facilities segment is the Company's technology transfer unit. It comprises the licensing and training in the areas of production, engineering and assembly of the composite formwork systems, as well as the delivery and supervised installation of entire machine parks.