The new division will be headed by Herbert Eibensteiner who was appointed a member of the Management Board at the last Supervisory Board meeting. voestalpine Metal Forming starts off with more than 10,000 employees worldwide.
With today’s resolution on the structure and organization of the new division, the final preconditions for its successful start on April 1, 2012, the beginning of the voestalpine Group’s 2012/13 business year, have been met. As a result, the Group’s competencies will be concentrated into four similarly sized divisions. Amalgamation of the two divisions generates a series of advantages: There had already been close cooperation in the field of research and development. From the customer standpoint, and especially for customers in the automotive industry and energy sector, there has been an increasing overlap in the past years, leading to very complementary sets of competencies. Wolfgang Eder, Chairman of the Management Board, expects this concentration of strengths to lead to significant impulses for continued growth, as well as new business opportunities and markets. “Right from the start, the new division will be active globally. And with Herbert Eibensteiner we have an experienced manager from within our own ranks at the top.” The signs are promising.