voestalpine AG - Press Releases https://www.voestalpine.com/group/en/media/press-releases/rss en en voestalpine Construction has started on the hall for the new voestalpine special steel plant in Kapfenberg Tue, 16 Apr 2019 08:04:143 GMT 2019-04-16T08:04:143Z https://www.voestalpine.com/group/en/media/press-releases/2019-04-16-construction-has-started-on-the-hall-for-the-new-voestalpine-special-steel-plant-in-kapfenberg/ One year after the groundbreaking ceremony for the world’s most advanced special steel plant, construction work for the EUR 350 million project in Kapfenberg, Styria, is on schedule. After completion of the construction site and associated infrastructure, Group company voestalpine Böhler Edelstahl has now awarded the contract for construction of the hall of the steel plant: Austrian companies Unger Stahlbau Ges.m.b.H, based in Oberwart, Burgenland, and Haslinger Stahlbau GmbH, headquartered in Feldkirchen, Carinthia, will form a consortium to erect the steel construction, which will cover an area of three hectares. The industrial equipment permit for the new plant was issued in March 2019.

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voestalpine: Helmut Gruber to become new Technical Director of the Steel Division Wed, 10 Apr 2019 08:04:00 GMT 2019-04-10T08:04:00Z https://www.voestalpine.com/group/en/media/press-releases/2019-04-10-voestalpin-helmut-gruber-to-become-new-technical-director-of-the-steel-division/ The Steel Division of the voestalpine Group supplies its customers around the world with high-tech steel products from its base in Linz. Following former Technical Director Hubert Zajicek’s recent appointment as the new Chairman of the division’s four-member management team, succeeding Herbert Eibensteiner who replaces CEO Wolfgang Eder and assumes the chairmanship of the Group as a whole as of July 3, now the future Technical Director who will take his place in the steel management team has been selected: Helmut Gruber (47), who is currently responsible for the technical management of strip production, will take on the overall technical management from Hubert Zajicek on July 3, 2019, advancing to join the Management Board of voestalpine’s largest division in terms of revenue. The Steel Division is a global leader in its product segments. Its 11,000 employees generated an operating result (EBITDA) of over EUR 900 million with revenue of EUR 4.8 billion in the business year 2017/18.

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World premiere of new trophy for best driver at Formula E “voestalpine European Races” presented in Vienna Thu, 04 Apr 2019 09:04:114 GMT 2019-04-04T09:04:114Z https://www.voestalpine.com/group/en/media/press-releases/2019-04-04-world-premiere-of-new-trophy-for-best-driver-at-formula-e-voestalpine-European-Races-presented-in-vienna/ Following the first six races of the 2018/2019 season which were held outside Europe, the ABB FIA Formula E Championship is now about to enter the second half of the season—where the “voestalpine European Races” are being held for the first time. Ahead of the start of the first of these European races (the Rome race on April 13), Formula E made a pit stop in Vienna today. Formula E driver Lucas di Grassi, Sporting Director Frederic Espinos, and voestalpine CEO Wolfgang Eder jointly presented the new award to recognize the best driver of the “voestalpine European Races”*—as part of the commercial partnership with Formula E. On June 22 in Bern, this very special trophy which was made by voestalpine using an innovative 3D printing technology will be given to the best driver of all five of the European races.

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voestalpine successfully places EUR 500 million bond issue Thu, 04 Apr 2019 08:04:912 GMT 2019-04-04T08:04:912Z https://www.voestalpine.com/group/en/media/press-releases/2019-04-04-voestalpine-successfully-places-eur-500-million-bond-issue/ voestalpine AG has successfully placed a new EUR 500 million corporate bond issue in the capital market to provide funding for general corporate financing.

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Study emphasizes that steel will continue to play a key role in electromobility in future Thu, 21 Mar 2019 09:03:765 GMT 2019-03-21T09:03:765Z https://www.voestalpine.com/group/en/media/press-releases/2019-03-21-study-emphasizes-that-steel-will-continue-to-play-a-key-role-in-electromobility-in-future/ The trend towards lightweight construction has helped materials such as aluminum and plastic to become established in the automotive industry, and they will remain legitimate alternatives to steel during the shift from the combustion engine to the electric motor. Even so, in the growing global industrial sector of electromobility, demand for steel is predicted to remain high or even to increase. This is the conclusion of a study by the German Handelsblatt Research Institute (HRI), commissioned by voestalpine. The development of innovative high- and ultra-high-tensile steel grades also secures the long-term future of steel in the automotive industry, because not only is the material both lightweight and tough, it is also easy to process, can be recycled, and is cost-efficient. Therefore, with its unique combination of materials expertise and processing competence, the technology group voestalpine is also excellently equipped to meet the future demands of the automotive industry, while with its comprehensive expertise it can actively help shape the future of electromobility.

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voestalpine boosts revenue in the 3rd quarter of 2018/19, earnings affected by non-recurring items Thu, 07 Feb 2019 01:02:00 GMT 2019-02-07T01:02:00Z https://www.voestalpine.com/group/en/media/press-releases/2019-02-07-voestalpine-boosts-revenue-in-the-3rd-quarter-of-2018-19-earnings-affected-by-non-recurring-items/ The first half of the business year 2018/19 had started on a solid economic footing for the voestalpine Group, but the business year’s third quarter was already affected by a dampening of economic sentiment overall. For example, by rising prices for raw materials and energy; the first palpable negative effects from the global trade conflicts; and not least the growing escalation of the conflict surrounding Great Britain’s exit from the EU.

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Countdown to the “voestalpine European Races” starts in Linz with Formula E driver Maximilian Günther Fri, 01 Feb 2019 05:02:00 GMT 2019-02-01T05:02:00Z https://www.voestalpine.com/group/en/media/press-releases/2019-02-01-countdown-to-the-voestalpine-european-races-starts-in-linz-with-formula-e-driver-maximilian-guenther/ With three exciting races outside Europe, the 2018/19 season of the ABB FIA Formula E Championship has already started. The official countdown to the “voestalpine European Races” has now begun, with a pit stop at the voestalpine Stahlwelt in Linz. During the warm-up at the Group’s headquarters, Formula E driver Maximilian Günther, currently one of the greatest talents in motorsport with Austrian roots, and voestalpine CEO Wolfgang Eder together revealed voestalpine’s brand new FIA Formula E Gen2 car. voestalpine supplies all premium automotive manufacturers with high-quality electrical steel and components for e-motors as well as ultralight body parts from its site in Linz.

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Adhoc-news: voestalpine below market expectation in the third business quarter due to special items, adjustment of earnings expectation for business year 2018/19 Wed, 16 Jan 2019 21:01:971 GMT 2019-01-16T21:01:971Z https://www.voestalpine.com/group/en/media/press-releases/2018-01-16-adhoc-news/ The preliminary earnings figures for the first nine months of the business year 2018/19 with an EBITDA of around EUR 1.1 billion and an EBIT of around EUR 525 million are below market expectations.

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voestalpine AG: Hubert Zajicek is appointed to the Management Board of voestalpine AG, and succeeds Herbert Eibensteiner as Head of the Steel Division as of July 3, 2019 Tue, 18 Dec 2018 10:12:266 GMT 2018-12-18T10:12:266Z https://www.voestalpine.com/group/en/media/press-releases/2018-12-18-voestalpine-ag-hubert-zajicek-is-appointed-to-the-management-board-of-voestalpine-ag-and-succeeds-herbert-eibensteiner-as-head-of-the-steel-division-as-of-july-3-2019/ In its meeting today the Supervisory Board of voestalpine AG decided on the future leadership of the Steel Division: on July 3, 2019, Hubert Zajicek will succeed Herbert Eibensteiner as Head of the largest Group division in terms of revenue; in turn, Herbert Eibensteiner will take over from Wolfgang Eder as CEO of voestalpine AG on that date. As a result, Zajicek, from Upper Austria, the Steel Division’s Management Board member responsible for Technology since 2014, will also become one of the six members of the Management Board of voestalpine AG. Zajicek’s appointment runs from July 3, 2019 to March 31, 2024. Based in Linz and specialized in the manufacture of premium steel grades and high-tech products, the Steel Division generated revenue of EUR 4.8 billion in the past business year, with a workforce of around 11,000 employees.

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voestalpine joins Formula E on the starting line for the first time Wed, 05 Dec 2018 09:12:436 GMT 2018-12-05T09:12:436Z https://www.voestalpine.com/group/en/media/press-releases/2018-12-05-voestalpine-joins-formula-e-on-the-starting-line-for-the-first-time/ This coming season marks the start of Austrian technology group voestalpine’s partnership with the ABB FIA Formula E Championship, the emerging and already highly successful fully-electric street racing series. voestalpine will lend its name to the races that will take place in Europe, which will form part of the “voestalpine European Races”.

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