voestalpine significantly expands its presence in the global automotive sector with futuristic “phs” technology
The Automotive Division of the voestalpine Group has concluded its largest single contract to date, with a leading European car manufacturer. The order volume amounts to around EUR 700 million. As a result, the voestalpine Group will produce sophisticated automotive components in countries such as China and the USA for the first time. The Group is investing around EUR 100 million for this global move into the automotive segment.