Withdrawal from all business activities of voestalpine Camtec GmbH at the Linz site

The Steel Division of the voestalpine Group will be withdrawing from the business of cam units and sliding elements at the Linz site and will gradually discontinue the business activities of its company voestalpine Camtec GmbH in Linz by the end of the 2025/26 business year (March 31, 2026). Most recently, revenue totaled EUR 12 million (BY 2023/24). The 53 employees affected have the opportunity to transfer to other voestalpine business units in Linz. The employees will be supported individually in their professional reorientation. 

This decision was made based on several factors, including rising costs, a decline in demand in the European machinery industry and changing market conditions, particularly in the automotive industry. 

Our existing business relationships will of course be fulifilled in accordance with the contractually agreed terms. Our goal is to make this transition phase transparent and efficient as possible. At the same time, we are in discussions with our cooperation partners to evaluate future service needs and ensure that we can continue to offer our customers worldwide the same high standard of service they are accustomed to. 

We thank all our business partners for our long-term collaboration. Your contact person will remain at your disposal should you require any further information.