Switzerland is the newest member of the voestalpine Employee Participation. Employees of the companies Böhler-Uddeholm Schweiz AG and voestalpine Schweiz GmbH located in Wallisellen can now enjoy the many advantages of the Employee Participation.
Since its inception in the year 2000 the voestalpine Employee Participation has grown to the current 14.5% holding, it is the second largest core shareholder of the Group.
(Inter)nationally successful Employee Participation model
24,300 active voestalpine employees, hold around 23.6 Mio shares. This amounts to, including the voting rights of the ex-employees, 14.5% shares of the company.
All 51 Austrian companies are included in the Austrian model, which is focused on national employees’ rights. Additionally, the international participation model enables employees outside Austria to purchase voestalpine shares. Currently 75 European companies in 8 countries are included in the model.
New member Switzerland now joins Netherlands, Germany, Great Britain, Poland, Belgium, the Czech Republic and Italy. (March 2016)
"In an international Group there should also be an international participation – the integration of Switzerland in our model is the next step in this direction."