Additionally former employees of the group privately hold about 0,9 million shares which, due to the general bundling of voting rights, represent another 0.5 % of the company’s share capital. Representing 14.8 % of the voting rights of voestalpine AG in total, the voestalpine Mitarbeiterbeteiligung Privatstiftung is therefore a stable core shareholder in Austria, both in terms of voting rights percentage and share value.
For further information about our basic principles of Employee Participation in Austria and internationally, please visit the following webpage: Basic principles of Employee Participation in Austria and internationally
Information about our employee participation
Employee Participation counts on the support of management and works council

Our management and the works council developed the model jointly, and both are still fully in support of the Employee Participation plan. It is regarded as an example of “social partnership” in action – the internal cooperation between employer and employee for which we as voestalpine are well known.
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With Claus Raidl, we bid farewell to a respected manager who was also a personal role model for me. His determination to modernize and his power of implementation drove voestalpine forward and thus made a decisive contribution to its current success,
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The strength of the Employee Participation is particularly evident during difficult times, as it creates a special identification within the Group and because it is obvious proof of the solidarity among all the employees and their commitment to the company. Employee Participation is also an especially important link between the Worker’s Council and the Management Board, which helps us to overcome the current challenges together. Together we will work for a succesful future.