(IN BRIEF) voestalpine AG has urged the Austrian federal government to ensure fair competition for Austria’s energy-intensive industries by continuing to use electricity price compensation, a measure already utilized by many EU countries. The company emphasizes that this compensation is … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Austria, climate protection, competitiveness, CO₂ penalty taxes, electric arc furnaces, electricity price compensation, energy costs, EU, greentec steel, industry, investment, partnership, subsidies, sustainabulity, voestalpine
(IN BRIEF) The voestalpine employee shareholding scheme, recognized as one of Europe’s most exemplary models, was established in 2000 to secure a stable ownership structure by bundling voting rights within an employee foundation. Currently, employees hold over 14% of voestalpine … Read the full press release
Posted in Austria, Business, Education, Industrial, Metals and Minerals, Technology
Tagged 000 active employees, 10% to 15% target range, 14% voting rights, 2000, 25 million shares, 25th Anniversary, 26, Austrian employees, CEO, eleven European countries, employee shareholding foundation, employee shareholding scheme, Europe, Herbert Eibensteiner, hostile takeovers, largest employee shareholding program, pre-exit share issuance, sustainable ownership, tax-related holding periods, voestalpine, voestalpine AG, voting rights, Works Council
(IN BRIEF) voestalpine’s expanded 24-hour childcare program at its Linz site has been warmly received by employees, especially those working in shifts. In its first year, the program has seen over a 30% increase in enrollment, with more than half … Read the full press release
(IN BRIEF) voestalpine has announced the sale of its German subsidiary, Buderus Edelstahl, to Mutares SE & Co. KGaA, a prominent investment company. The agreement, signed on October 23, 2024, is awaiting regulatory approval and is expected to be finalized … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, Technology
Tagged acquisition, Buderus Edelstahl, Germany, Herbert Eibensteiner, High-Performance Materials, Johannes Laumann, Mutares, partnership, Reinhard Nöbauer, sustainability, voestalpine
(IN BRIEF) voestalpine, a leading international steel and technology group, has successfully issued its first green corporate bond, raising EUR 500 million. The five-year bond, which offers a coupon of 3.75%, was met with high investor demand and will be … Read the full press release
(IN BRIEF) voestalpine Railway Systems is showcasing its advanced rail solutions at InnoTrans 2024 in Berlin, the world’s leading transport technology trade fair, which attracts over 130,000 visitors. The company is presenting a range of products and services, including digital … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, Metals and Minerals, News, Technology, Transportation & Logistics
Tagged digital innovations, Franz Kainersdorfer, InnoTrans 2024, rail projects, voestalpine, voestalpine Railway Systems
(IN BRIEF) Voestalpine has welcomed 380 new apprentices across Austria as part of its commitment to training the next generation of skilled workers. With a total of 1,500 apprentices worldwide, including 1,040 in Austria, the company is one of the … Read the full press release
(IN BRIEF) voestalpine is expanding its Indiana facility by 15,000 square meters and doubling its production capacity to 80,000 tons, following major orders from global truck manufacturers. The EUR 70 million (USD 78 million) investment will create 110 new jobs … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology, Transportation & Logistics
Tagged Carola Richter, Herbert Eibensteiner, partnership, sustainability, Truck Manufacturers, USA, voestalpine
(IN BRIEF) The recent voestalpine cares run has successfully raised €700,000 for various charitable initiatives, building on last year’s inaugural event. With over 5,700 employees from more than 40 countries participating in physical activities like running and hiking, the campaign … Read the full press release
Posted in Austria, Business, Financial, Industrial, Investment, Management, Media, Metals and Minerals, News, Non Profit, Society
Tagged charity, Doctors Without Borders, fundraising, handcycling, Herbert Eibensteiner, hiking, Hilfswerk International, humanitarian, running, the Austrian Red Cross, UNICEF, voestalpine, voestalpine Cares Run, walking, wheelchairing
(IN BRIEF) The European Investment Bank (EIB) has allocated a €300 million loan to voestalpine AG, Europe’s third-largest steelmaker, to support a four-year research and development initiative aimed at enhancing sustainability and reducing carbon emissions. Key focuses include optimizing manufacturing … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged Austria, EIB, Gerald Mayer, green steel, partnership, sustainability, Thomas Östros, voestalpine
(IN BRIEF) Kurt Satzinger assumes leadership of voestalpine’s Research and Development (R&D) division, succeeding Franz Androsch, who retires after a distinguished tenure. With voestalpine’s robust commitment to innovation, Satzinger, equipped with extensive experience within the company, is poised to spearhead … Read the full press release
Posted in Austria, Business, Industrial, Management, Media, News, Science, Technology
Tagged appointment, digital, Franz Androsch, Herbert Eibensteiner, INNOVATION, Kurt Satzinger, leadership, R&D, Resource-Efficient Solutions, voestalpine
(IN BRIEF) voestalpine, a steel and technology company, reported its financial performance for the first half of the 2023/24 fiscal year. The company faced economic challenges with declining revenue and earnings due to a changing economic landscape. While some sectors … Read the full press release
(IN BRIEF) voestalpine has officially opened an advanced special steel plant in Kapfenberg, Austria, marking a significant technological advancement in high-performance materials for automotive, energy, and aerospace industries. The plant, known for its high degree of digitalization and sustainability, is … Read the full press release
(IN BRIEF) voestalpine, a leading global steel and technology group, has commenced construction for its greentec steel project at its Linz headquarters in Austria. This initiative aims to electrify energy-intensive processes in steel production using two green electricity-powered electric arc … Read the full press release
(IN BRIEF) voestalpine has launched an innovative brand campaign, featuring its employees as ambassadors who sing about their passions and roles in a rendition of “My Favorite Things.” This campaign highlights how voestalpine contributes to sustainability and modern living through … Read the full press release
(IN BRIEF) voestalpine, a leading supplier of vehicle restraint systems, is undertaking its largest road safety project to date. The company will supply and install 100 kilometers of guard rails for the expansion and modernization of the D4 highway in … Read the full press release
(IN BRIEF) Austrian steel company, voestalpine, is set to invest around 1.5 billion euros to construct one electric arc furnace at each of its two sites in Linz and Donawitz. The furnaces are part of the company’s “greentec steel” plan … Read the full press release
(PRESS RELEASE) VIENNA, 16-Sep-2022 — /EuropaWire/ — Wiener Börse AG, the operator of the stock exchanges in Vienna and Prague, has announced that PIERER Mobility AG, Europe’s leading manufacturer of “powered two-wheelers”, will be joining the ATX Global Players Index. … Read the full press release
Posted in Agriculture, Austria, Automotive, Business, Financial, Investment
Tagged AGRANA, AGRANA Beteiligungs AG, agricultural, Andritz, ATX, ATX Global Players, investable benchmark, mobility, PIERER, PIERER Mobility AG, stock exchange, voestalpine
(COMMUNIQUÉ DE PRESSE) VIENNA, 16-Sep-2022 — /EuropaWire/ — Wiener Börse AG, l’opérateur des bourses de Vienne et de Prague, a a annoncé que PIERER Mobility AG , premier constructeur européen de « deux-roues motorisés », rejoindra l’ATX Global Players Index. … Read the full press release
Posted in Agriculture, Austria, Automotive, Business, Financial, Investment
Tagged AGRANA, AGRANA Beteiligungs-AG, agricole, Andritz, ATX, ATX Global Players, bourse, investable benchmark, mobilité, PIERER, PIERER Mobility AG, voestalpine
(PRESS RELEASE) LUXEMBOURG, 1-Jul-2022 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), the world’s leading steel and mining company, has announced the completion of the acquisition of the majority shareholding (80%) of the world-class Hot Briquetted Iron (HBI) plant located in … Read the full press release
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