The history of ACstyria Autocluster is a true success story. Established in 1995, the number of its partner companies has grown in the last 20 years to around 180 companies. “The topic of mobility is one of the three key issues in the Economic Strategy Styria 2020, where we are focusing on growth through innovation. In recent years, we have developed ACstyria into a comprehensive mobility cluster; in addition to the automotive sector that is its core focus, aerospace and railway systems technology have also been integrated,” says Christian Buchmann, Provincial Minister for Economic Affairs. ACstyria’s partner companies are making a major contribution to the economic success of Styria. “With a research and development rate of 4.7 percent, Styria is one of the most innovative regions in Europe,” Buchmann adds. In ACstyria’s partner companies, the R&D rate is even 11.6 percent.
As of January 1, 2014, voestalpine AG is acquiring shares of ACstyria Autocluster and, as a shareholder, will be part of this internationally recognized cluster organization. As a result of this expansion of the shareholder structure, the shares of the existing shareholders—AVL, Magna Steyr, Krenhof, and TCM—will be reduced from 18 percent to 14.8 percent. voestalpine AG will also hold an interest amounting to 14.8 percent. With a holding of 26 percent, the largest shareholder of ACstyria will continue to be the Styrian Business Promotion Agency (SFG). “I am delighted that as a shareholder voestalpine will be sharing the responsibility and will play an active role in the future direction of the cluster," says Buchmann.