7 July 2014
After South Stream (1), the voestalpine Group has secured its second major pipeline contract this year. 120,000 tons of sour-gas-resistant, high-strength linepipe plates will be delivered for the third Petrobras pipeline in the world’s largest oilfield, near Rio de Janeiro, Brazil, by March 2015.
4 July 2014
Today, voestalpine agreed with the industrial group Aalberts Industries N.V., headquartered in Langbroek (NL), that it would sell all of its shares (100%) in the Flamco Holding B.V. and Flamco Stag Behälterbau GmbH, headquartered in Bunschoten (NL). The decisive factor behind the divestment was Flamco’s increasingly strong divergence from core strategic business of the technology and capital goods group voestalpine. The sale is scheduled to be closed by the end of July.
2 July 2014
Today, at the 22nd Annual General Shareholders’ Meeting of voestalpine AG, a dividend of EUR 0.95 per dividend-bearing share was approved for the business year 2013/14.
4 June 2014
Despite the continuing challenging economic situation, the voestalpine Group again demonstrated solid business development in the business year 2013/14 (April 1, 2013 to March 31, 2014) even though its performance did not quite measure up to the original expectations. In a year-to-year comparison, revenue slipped by 2.6% from EUR 11.5 billion to EUR 11.2 billion.
Changes to the Management Board: Appointment of a new member and changes to the allocation of responsibilities
3 June 2014
In its meeting today, the Supervisory Board of voestalpine AG has appointed former Head of Group Research, DI Dr. Peter Schwab, to become a member of the Management Board of voestalpine AG, with effect from October 1, 2014. Consequently, from October 2014 the Management Board will consist of six, rather than five members.
14 May 2014
The voestalpine Group’s 22nd production site in China will be officially opened today. voestalpine Profilform (China), a subsidiary of the Metal Forming Division, produces and processes high-quality steel pipes and sections for agricultural and construction machinery manufacturers and for international automobile manufacturers and automotive suppliers. The plant, which will create 50 new jobs, represents an investment of EUR 20 million. The voestalpine Group already has 2,200 employees in China and generates revenue of EUR 220 million.
23 April 2014
After about a year of preparation, Wolfgang Eder, CEO of voestalpine, broke ground today for the construction of a direct reduction plant in Texas (USA). This EUR 550 million investment is the largest foreign investment in the history of the Austrian Group.