voestalpine AG - Press Releases http://www.voestalpine.com/group/en/media/press-releases/rss en en voestalpine 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.

]]>
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.

]]>
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.

]]>
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.

]]>
voestalpine AGM resolves EUR 1.40 dividend Wed, 04 Jul 2018 10:07:388 GMT 2018-07-04T10:07:388Z http://www.voestalpine.com/group/en/media/press-releases/2018-07-04-voestalpine-agm-resolves-eur-1-40-dividend/ voestalpine AG closed the business year 2017/18 with new record figures for revenue and earnings. The technology and industrial goods group thus once again confirms its attractiveness as a profitable investment. At today’s 26th Annual General Meeting, a dividend of EUR 1.40 per (dividend-bearing) share was resolved for the business year 2017/18. The Annual General Meeting thus approved the proposal of the Management Board and the Supervisory Board. The current value represents an increase of no less than 27.3 percent over last year’s EUR 1.10 dividend. It is therefore the sixth year in a row that the company is paying out a higher dividend to its shareholders. The dividend will be transferred from Monday, July 16, 2018 (ex-dividend date: July 12, 2018).

]]>
voestalpine company Uddeholms AB is celebrating 350 years of innovation at the site in Hagfors, Sweden Thu, 28 Jun 2018 08:06:00 GMT 2018-06-28T08:06:00Z http://www.voestalpine.com/group/en/media/press-releases/2018-06-28-voestalpine-company-uddeholms-ab-is-celebrating-350-years-of-innovation-at-the-site-in-hagfors-sweden/ Founded in 1668 as a family-run iron mill in Värmland, southern Sweden, today Uddeholms AB is a global market leader in the production of special steels for toolmaking. With sales sites and partners in over 90 countries, the company supplies the global automotive, mechanical engineering, and consumer goods industries with sophisticated steel grades from Hagfors. Uddeholms AB has a workforce of 900 employees at its headquarters and generated revenue of EUR 305 million in the past business year. Over the past ten years more than EUR 130 million has been invested at the site—intensive development of digitalization technologies and the production of metal powder for 3D printing will secure the future of this site with its long history.

]]>
voestalpine’s most successful business year in the Group’s history Wed, 06 Jun 2018 07:06:00 GMT 2018-06-06T07:06:00Z http://www.voestalpine.com/group/en/media/press-releases/2018-06-06-voestalpines-most-successful-business-year-in-the-groups-history/ By successfully focusing on advanced technologies and international markets, while simultaneously concentrating on consistent cost management and supported by strong economic momentum, the voestalpine Group achieved record-breaking figures for both revenue and earnings in the business year 2017/18 (April 1, 2017, to March 31, 2018).

]]>
voestalpine AG: Herbert Eibensteiner to take over as Chairman of the Management Board from Wolfgang Eder on July 3, 2019 Tue, 05 Jun 2018 09:06:00 GMT 2018-06-05T09:06:00Z http://www.voestalpine.com/group/en/media/press-releases/2018-06-05-herbert-eibensteiner-to-take-over-as-chairman-of-the-management-board-from-wolfgang-eder-on-july-3-2019/ At today’s Supervisory Board meeting of voestalpine AG, decisions were made as to the succession at the top of the technology and capital goods group: Chairman of the Management Board, Dr. Wolfgang Eder, will renew his contract, which runs until March 31, 2019, until July 3, 2019 (date of the Annual General Meeting of voestalpine AG) and subsequently step down from the Management Board. The Supervisory Board will recommend to the Annual General Meeting 2019 that it elect Eder to the Supervisory Board as the new shareholder representative. If elected, he could take over the chairmanship of the Supervisory Board from the long-reigning chairman, Dr. Joachim Lemppenau, after a two-year “cooling off period.”

Herbert Eibensteiner, Dipl.-Ing., is to become new chairman of the Management Board on July 3, 2019. Eibensteiner has served on the Management Board of voestalpine AG since 2012 and possesses broad experience in international corporate and Group management, not least as the head of two of the Group’s divisions. The contracts of the remaining Management Board team were renewed by another five years (April 1, 2019, through March 31, 2024).

]]>
Decision, Section 232: Maximum 3 percent of voestalpine Group revenue impacted Fri, 01 Jun 2018 10:06:449 GMT 2018-06-01T10:06:449Z http://www.voestalpine.com/group/en/media/press-releases/2018-06-01-decision-section-232-maximum-3-percent-of-voestalpine-group-revenue-impacted/ Prior to the expiry of the temporary exemption, the US administration yesterday announced its final decision regarding steel imports from EU countries pursuant to Section 232. The punitive tariffs of 25 percent on steel products and 10 percent on aluminum products from European countries that were announced at the beginning of March come into force immediately.

]]>
voestalpine debut as new Formula E partner at the races in Berlin Sat, 19 May 2018 11:05:00 GMT 2018-05-19T11:05:00Z http://www.voestalpine.com/group/en/media/press-releases/2018-05-19-voestalpine-debut-as-new-formula-e-partner-at-the-races-in-berlin/ Just two weeks after announcing its new role as the future main sponsor of the European ABB FIA Formula E races, voestalpine is represented at the E-Prix in Berlin today for the first time. voestalpine CEO Wolfgang Eder offered an initial overview of the activities which will accompany the “voestalpine European Season 2019”: the “voestalpine European Races”, the first fully-electric racing series, will be run over its spectacular downtown circuits in cities including Paris, Berlin, Rome, and Monte Carlo. For the ten teams and their drivers, who include former Formula One aces Nick Heidfeld and Felipe Massa, this is also the opportunity to win an additional trophy in the special voestalpine rankings.

]]>