voestalpine AG - Press Releases http://www.voestalpine.com/group/en/media/press-releases/rss en en voestalpine Formula E pre-season testing in Valencia – green light for the voestalpine European Races Fri, 19 Oct 2018 03:10:00 GMT 2018-10-19T03:10:00Z http://www.voestalpine.com/group/en/media/press-releases/2018-10-19-formula-e-pre-season-testing-in-valencia-green-light-for-the-voestalpine-european-races/ In early December the world’s first fully-electric international single-seater category in motorsport, the ABB FIA Formula E Championship, starts what is now its fifth racing season and brings groundbreaking innovations for both fans and drivers. In addition to a more efficient race car, more teams, and new circuits during the 2018/19 season the 22 drivers will also be competing in the voestalpine European Races for the first time. This will offer the eleven Formula E teams the opportunity to fight for another prestigious award in a totally new competition category. In the contest to be named winner of the voestalpine European Races, action-packed high-speed manoeuvres are certain to be on the cards during the five European E-Prix in Rome, Paris, Berlin, Monaco and Bern. During the Formula E official pre-season test in Valencia, Spain, from October 16 - 19, the teams will be making their first public debut ahead of preparations for the start of the season.

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voestalpine: Metal Engineering Division reorganized and with expanded Management Board Wed, 10 Oct 2018 09:10:847 GMT 2018-10-10T09:10:847Z http://www.voestalpine.com/group/en/media/press-releases/2018-10-10-voestalpine-metal-engineering-division-reorganized-and-with-expanded-management-board/ 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.

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voestalpine driving expansion in Asia–new railway infrastructure and automotive plants, expansion of services and additive manufacturing Wed, 03 Oct 2018 08:10:00 GMT 2018-10-03T08:10:00Z http://www.voestalpine.com/group/en/media/press-releases/2018-10-03-voestalpine-driving-expansion-in-asianew-railway-infrastructure-and-automotive-plants-expansion-of-services-and-additive-manufacturing/ 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.

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voestalpine successfully finishes repairs to the large blast furnace at the site in Linz Thu, 27 Sep 2018 08:09:655 GMT 2018-09-27T08:09:655Z http://www.voestalpine.com/group/en/media/press-releases/2018-09-27-voestalpine-successfully-finishes-repairs-to-the-large-blast-furnace-at-the-site-in-Linz/ 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.

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voestalpine to become a full-service provider of fully digitalized railway lines worldwide Wed, 12 Sep 2018 07:09:00 GMT 2018-09-12T07:09:00Z http://www.voestalpine.com/group/en/media/press-releases/2018-09-12-voestalpine-to-become-a-full-service-provider-of-fully-digitalized-railway-lines-worldwide/ Faster trains, growing passenger numbers, and increased security requirements face rail operators with ever new challenges. The Metal Engineering Division of the voestalpine Group is already a global leader in high-quality rails, high-tech turnouts, and digital monitoring systems. Now the Group is bundling these competencies under the “Railway Systems” brand, becoming a worldwide provider of complete systems for railway infrastructures. The new segment covers around 7,000 employees at 70 production and sales locations on all five continents, who together generated revenue of EUR 1.4 billion during the past business year. With the global trend towards urbanization and the expansion of public transport networks, an average annual growth of almost three percent is forecast.

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voestalpine opens two new automotive plants in the booming Mexican market Thu, 30 Aug 2018 09:08:00 GMT 2018-08-30T09:08:00Z http://www.voestalpine.com/group/en/media/press-releases/2018-08-30-voestalpine-opens-two-new-automotive-plants-in-the-booming-mexican-market/ The Metal Forming Division of the voestalpine Group supplies the automotive industry with ultra high-strength lightweight and safety components from its more than 30 locations around the world. With yesterday’s opening of two new plants in the growing Mexican market, the division is consistently driving its global expansion in this customer segment. At the plant in Aguascalientes where construction started in 2016 after securing a major contract, production of highly complex body-in-white and structural parts has been recently ramped up to full capacity. Due to the high level of demand, capacity will be extended further by 2019. Production of sophisticated automtovie tubular assemblies at the plant in Zacatecas began successfully at the end of 2017.

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voestalpine delivers record revenue and positively stable earnings growth in the first quarter of 2018/19 Wed, 08 Aug 2018 05:08:00 GMT 2018-08-08T05:08:00Z http://www.voestalpine.com/group/en/media/press-releases/2018-08-08-voestalpine-delivers-record-revenue-and-positively-stable-earnings-growth-in-the-first-quarter-of-201819/ At the start of the new reporting period, the voestalpine Group succeeded in maintaining not only the broad economic momentum that it built up in the course of the previous, record business year, but also the performance it achieved in the first quarter of the previous year by generating record revenue of just under EUR 3.5 billion in the first quarter of 2018/19 (April 1 to June 30, 2018). The economic momentum in Europe, China, and North America, which remains strong overall, has not been greatly affected by the increasingly protectionist tendencies in global trade. Yet the Brexit vote has started to have a dampening effect in Europe.

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voestalpine celebrates 20 years of lightweight design know-how at the world’s largest site for automotive blanks in Linz Wed, 01 Aug 2018 09:08:00 GMT 2018-08-01T09:08:00Z http://www.voestalpine.com/group/en/media/press-releases/2018-08-01-voestalpine-celebrates-20-years-of-lightweight-design-know-how-at-the-worlds-largest-site-for-automotive-blanks-in-Linz/ Lighter, stronger, faster. That has held true for 20 years of product innovations at voestalpine Automotive Components Linz GmbH. Today, this company in the Metal Forming Division of the voestalpine Group has 300 employees and generates revenue of EUR 170 million. It is the world’s largest production site and the global leader in the production of laser-welded high-tech blanks for the automotive industry. Demand for lightweight products from Linz is so high that EUR 16 million has recently been invested to expand the site.

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voestalpine commissions SMS group to supply the main melting units for the new special steel plant in Kapfenberg, Austria Fri, 27 Jul 2018 08:07:00 GMT 2018-07-27T08:07:00Z http://www.voestalpine.com/group/en/media/press-releases/voestalpine-commissions-sms-group-to-supply-the-main-melting-units-for-the-new-special-steel-plant-in-kapfenberg/ Since the official groundbreaking ceremony in April 2018, preparations for the construction of the world’s most advanced special steel plant in Kapfenberg have been progressing rapidly. By awarding the contract for the electric arc furnace, the converter, and the secondary metallurgical systems—which represent the technological core of the plant—voestalpine has taken another important step in realizing the project. The SMS group, based in Düsseldorf, Germany, will be responsible for the engineering, process technology, and start-up of the fully automated melting system, which will begin production in 2021. The key partners for the subsequent process systems, such as the entire casting area, and for the construction of the hall will be commissioned in the next few months.

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voestalpine AG reaction to today’s announcement by the German Bundeskartellamt on the subject of the “Special steel cartel” Thu, 12 Jul 2018 10:07:00 GMT 2018-07-12T10:07:00Z http://www.voestalpine.com/group/en/media/press-releases/2018-07-12-voestalpine-ag-reaction-to-todays-announcement-by-the-german-bundeskartellamt-on-the-subject-of-the-special-steel-cartel/ With respect to the press release issued today by the Bundeskartellamt, German federal cartel office, on the subject of the “Special steel cartel”, voestalpine AG confirms its involvement in the stated proceedings. The investigations of the Bundeskartellamt into this issue had already been made public back in November 2015, following searches conducted by the Bundeskartellamt on the premises of competitor companies. The Bundeskartellamt procedure was initiated subsequent to an application under the Leniency Notice submitted by voestalpine AG. As the principal witness, no fines were imposed on the voestalpine Group.

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