voestalpine reports significant increase in earnings after first nine months of the business year
11 March 2015
voestalpine currently has over 70 sites in North America and is continually expanding its local presence. This includes the current construction of a direct reduction plant in Texas which, at over EUR 550 million, is the largest foreign investment made by the Group, or any Austrian company, in the USA to date. voestalpine plans to increase annual revenue in North America from its current level of over one billion euros to around three billion euros by 2020. United States Ambassador to Austria, Alexa Wesner, today showed great interest in the activities technology and capital goods group voestalpine is driving forward in the US. During a visit to the Group’s headquarters in Linz she discussed current economic framework conditions in Europe and the USA with voestalpine CEO Wolfgang Eder, as well as voestalpine’s future prospects in the United States.
9 March 2015
For 15 years, the voestalpine employee participation plan has been a unique and successful plan that serves as a role model throughout Europe. Today, the voestalpine AG Management Board resolved to increase the company’s share capital by 1.45% to further expand the employee shareholding scheme. This increases the employee share of voting rights to 14.9% and voestalpine employees remain the second largest voestalpine AG shareholder.
10 February 2015
Although the development of the global economy was very inconsistent in 2014 and, after a relatively optimistic start, was marked by an increasingly sober mood from the summer months onward, the steel-based technology and capital goods group voestalpine reported a significant increase in earnings in the first three quarters of the business year 2014/15 (April 1 to December 31, 2014).
23 January 2015
Technology and capital goods group voestalpine is now a European and global market leader in railway and turnout technology, generating almost 15 percent of Group revenue in this segment.
16 January 2015
Research, development, and innovation have always enjoyed the highest priority at technology and capital goods group voestalpine. With a record research budget of EUR 141 million for the business year 2014/15, voestalpine is Austria’s most research-intensive company.
Head of Group Communications & Spokesman
Linz, Design Center