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At today’s meeting of the voestalpine AG Supervisory Board, the unanimous vote ushered in a changing of the guard on the Management Board and set the course for a more efficient Group structure. The Automotive and Profilform divisions, which had been managed separately, will be merged to form a single division. This step is accompanied by a change in the Management Board that was preceded by a lengthy period of preparation. Herbert Eibensteiner will take over as head of the new division, succeeding Wolfgang Spreitzer (head of the Profilform Division) and Franz Hirschmanner (head of the Automotive Division).
The voestalpine Group is responding quickly to the changing market situation. A syndicated loan of EUR 800 million in two tranches has been agreed in order to safeguard medium and long-term financing.
Compared to the first half of the previous year, the voestalpine Group achieved significant increases during the first six months of the current business year, both in revenue and in all reporting categories. Revenue rose by 15.1% from EUR 5,191.8 million in the previous year to EUR 5,977.7 million.
This year you have again the possibility to watch the press conference on the results of the first half year 2011/12 live via internet.
In November, Peter Felsbach (34) took over the role of Group press spokesman for voestalpine AG. He is now the Group's central contact for national and international media for communications related to the voestalpine Group.
On November 4, 2011, voestalpine and the ÖSV presented their very special cooperation for the first time. In honor of the FIS Alpine World Ski Championships 2013 in Schladming, an extraordinary construction was erected in the finish arena of the Planai stadium. voestalpine skygate is the name of this architecturally outstanding symbol – an arch that the athletes have to pass under before they cross over the finish line.
In September 2011 the group members voestalpine Gutbrod, voestalpine Hügel, voestalpine Dancke, voestalpine Vollmer, Amstutz Levin & Cie and voestalpine Automotive Romania are united into one company, under the name voestalpine Stamptec. Thanks to this strong coalition of companies, individual location advantages can be bundled even better and "voestalpine Stamptec" will be positioned as a powerful brand name.
In the first quarter of 2011/12, the continuing positive economic trend resulted in a further boost in sales and a substantial increase in the operating result compared to the same period in the previous year.
Pursuant to § 93 (2) of the Austrian Stock Exchange Act, voestalpine AG hereby gives notice that at 8 July 2011 Macquarie Bank Limited, UK, acquired future contracts regarding shares of voestalpine AG that represent voting rights in the amount of 6,83% of the share capital of voestalpine AG.