It was just a few weeks ago that the Metal Engineering Division of the voestalpine Group bundled its competencies in rails, turnouts, and signaling technology under the Railway Systems brand, positioning itself as a global full-service provider for fully-digital railway lines. Now comes the merger of the other business segments within the division—wire, seamless tubes, and welding technology—under the Industrial Systems brand. As a consequence of this reorganization, the division’s Management Board team, led by Franz Kainersdorfer, has been expanded to include two long-term voestalpine managers: Dieter Fritz, formerly head of the Turnout Systems business segment, and Günter Neureiter, to date Head of Welding Consumables, are moving up to become members of the divisional Management Board. The Metal Engineering Division has its headquarters in Leoben-Donawitz, Austria.
voestalpine generated revenue of over one billion euros in the expanding Asian market during the past business year. Revenue in China alone is forecast to rise from its current level of over EUR 550 million to EUR 800 million by 2020. Now the Group is setting two further milestones on its path to achieving this growth: in the railway infrastructure sector an important step in expanding in the booming Chinese urban traffic sector has been taken with the founding of a further joint venture for the production of turnouts. In addition, recently automotive activities have been significantly extended with the startup of the second component plant in China.
Completing the general renovation of Blast Furnace A has brought the voestalpine Steel Division a further step towards increasing energy and resource efficiency at its steel production site in Linz. After a 111-day period for repairs, the furnace, in which two-thirds of the entire annual pig iron volume of five million tons is produced, today successfully restarted operations. At a total cost of around EUR 180 million, the so-called relining project involved completely replacing the extremely wear-resistant interior lining of the blast furnace, as well as modernizing all other facilities used in operating the blast furnace. At around the same time, interim repairs were carried out on one of the two blast furnaces in Leoben-Donawitz.