EUR 350 million order for voestalpine in the automotive safety sector
voestalpine currently generates around a third of the Group’s EUR 11.2 billion in revenue in the automotive sector. Its key customers in this sector are premium brand automobile manufacturers and suppliers, and now on the global scale. Safety is the overriding concern in automotive manufacturing, and the Metal Forming Division plays an important role by producing automotive safety components. The voestalpine Rotec Group, a subsidiary in this division, has now secured a framework agreement with a global automotive supplier for a total order value of EUR 350 million. The agreement guarantees capacity utilization in this sector through to mid-2022.