TechEU Debut in Austria Sees EIB Back AMAG Investments in Research Digitalisation and Green Manufacturing

(© AMAG): The project team at the signing of the loan agreement in Ranshofen. From left to right: Frank Schuster (EIB), Nicole Öhlinger (AMAG), Rüdiger Pressler (AMAG), Helmut Kaufmann (AMAG), Claudia Trampitsch (AMAG), Karl Nehammer (EIB), Björn Domke (EIB), Johan Hansson (EIB)

(IN BRIEF) The European Investment Bank is providing AMAG Austria Metall AG with a €75 million loan to fund research, digitalisation, and greener production methods at its Ranshofen facility, forming part of a wider €168 million investment programme running from 2025 to 2028. As the first Austrian project financed under the TechEU initiative, the operation aims to advance industrial innovation, strengthen Europe’s manufacturing base, and secure supply chains for critical raw materials like aluminium. The funding will support development of high-performance materials used across automotive, aerospace, and other industries while reinforcing sustainability and technological competitiveness.

(PRESS RELEASE) BRAUNAU AM INN, 23-Feb-2026 — /EuropaWire/ — AMAG Austria Metall AG will receive a €75 million loan from the European Investment Bank (EIB) to advance research, development, and sustainable manufacturing technologies at its main production site in Ranshofen, Upper Austria. The financing will support the company’s efforts to develop next-generation aluminium products while accelerating the digitalisation and environmental optimisation of its manufacturing processes.

The funding is part of a broader investment programme running from 2025 to 2028 with a total planned volume of approximately €168 million. The initiative is designed to strengthen AMAG’s technological capabilities, expand innovation activities, and further modernize one of Europe’s most advanced aluminium production facilities, which employs around 2,000 people.

(© AMAG): Karl Nehammer visiting AMAG Austria Metall AG in Ranshofen. From left to right: Claudia Trampitsch (CFO, AMAG Austria Metall AG), Karl Nehammer (Vice President, European Investment Bank), Helmut Kaufmann (CEO, AMAG Austria Metall AG)

This operation represents the first EIB financing in Austria under the TechEU programme, an initiative aimed at boosting industrial innovation, competitiveness, and technological leadership across Europe. The investment supports the introduction of advanced production methods, enhanced recycling capabilities, and the continued development of high-performance aluminium materials used in demanding applications.

More than half of AMAG’s output serves specialised, high-value sectors such as automotive and aerospace, alongside other industries including construction, mechanical engineering, lighting, packaging, and sporting goods. The company maintains a strong focus on innovation, reflected in an R&D intensity of 1.6 percent of revenue in 2024, the highest among western aluminium producers.

The financing also contributes to broader European Union objectives to reinforce industrial resilience, foster sustainable growth, and secure a stable and diversified supply of critical raw materials, including aluminium. The transaction benefits from support under the InvestEU programme, aligning it with EU priorities for digital transformation, sustainability, and strategic supply chains.

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SOURCE: AMAG Austria Metall AG