voestalpine’s profit before and after tax for the third quarter of 2017/18 already bests its results for all of 2016/17
The voestalpine Group’s performance in the first three quarters of the 2017/18 business year regarding both revenue and earnings is second to none against the backdrop of the strongest economic upturn in ten years.
Exactly two weeks before the start of the Olympic Winter Games 2018 in Pyeongchang, South Korea, the voestalpine Winter Games were celebrated for the first time at the Red Bull Ring over the weekend: 120 employees from over 40 countries and 90 Group companies met on January 26 and 27 to compete against one another in five winter sport disciplines. The focus of the event was on employee networking right across the Group. More than 50,000 people work for voestalpine around the world, with the employee participation plan making them the Group’s second-largest shareholder.
voestalpine and its partners get the green light to build the world’s largest industrial hydrogen pilot plant in Linz
voestalpine has long been regarded as an environmental and efficiency benchmark in its industry, as well as a driver of innovation. Now the technology and capital goods group can complete another step towards realizing the H2FUTURE research project funded by the EU: the government of Upper Austria as the responsible EIA authority has recently authorized construction of the world’s largest pilot plant of its type for CO2-free production of hydrogen at the site in Linz. Together with five project partners, voestalpine is laying the foundations for further pioneering research into de-carbonizing the steel manufacturing process.
The Styrian production companies in the High Performance Metals Division of the voestalpine Group—up to now BÖHLER Edelstahl GmbH & Co KG, BÖHLER Schmiedetechnik GmbH & Co KG (both in Kapfenberg), and BÖHLER Bleche GmbH & Co KG (in Mürzzuschlag)—are to include the word “voestalpine” in their company names with immediate effect. Over the coming months their visual appearance will also be adapted to conform to the voestalpine brand image. This change stresses the Böhler companies’ position as part of the voestalpine Group, of which they have been a member for the past ten years, at the same time underlining their consistent focus on advanced technology and quality.