voestalpine AG - Press Releases https://www.voestalpine.com/group/en/media/press-releases/rss en en voestalpine voestalpine restarts the small blast furnace in Linz Fri, 21 Aug 2020 17:08:00 GMT 2020-08-21T17:08:00Z https://www.voestalpine.com/group/en/media/press-releases/2020-08-21-voestalpine-restarts-the-small-blast-furnace-in-linz/ In early September voestalpine will restart the small blast furnace in Linz which has been temporarily shut down since March, following the abrupt slump in customer demand caused by Covid-19. The gradual revival of demand, which is most pronounced in the automotive, electrical, and processing industries, has led to an increased need for high-quality steel grades, making this step possible. The first signs of recovery are also evident in the mechanical engineering and energy segments, for which the site in Linz also produces high quality steel products.

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voestalpine expands its Lightweight Construction Expertise to Railway Systems Wed, 19 Aug 2020 09:08:00 GMT 2020-08-19T09:08:00Z https://www.voestalpine.com/group/en/media/press-releases/2020-08-19-voestalpine-expands-its-lightweight-construction-expertise-to-railway-systems/ The automotive industry considers the steel and technology group, voestalpine, a technology leader in the production of ultra-high tensile auto parts that are also particularly light. The Group is now applying its lightweight construction expertise to railway systems as well. In cooperation with the Rail Cargo Group, the cargo subsidiary of the Austrian Railways (ÖBB), voestalpine’s Steel Division and Logserv, its logistics subsidiary, have developed “TransANT”—a novel design concept worldwide, specifically, freight cars equipped with a range of lightweight modular superstructures.

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Ramifications of the Covid-19 pandemic have massive impact on voestalpine’s earnings for Q1 2020/21 Wed, 05 Aug 2020 07:08:00 GMT 2020-08-05T07:08:00Z https://www.voestalpine.com/group/en/media/press-releases/2020-08-05-ramifications-of-the-covid-19-pandemic-have-massive-impact-on-voestalpines-earnings-for-q1-2020-21/ In the first quarter of the business year 2020/21 (April 1 to June 30, 2020), voestalpine was affected by the massive meltdown in demand from almost all of its customer segments on account of the Covid-19 pandemic.

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voestalpine’s Annual General Meeting resolves dividend of EUR 0.20 Wed, 01 Jul 2020 10:07:559 GMT 2020-07-01T10:07:559Z https://www.voestalpine.com/group/en/media/press-releases/2020-07-01-voestalpines-annual-general-meeting-resolves-dividend-of-eur-0-20/ In an economically challenging environment, the past business year was a particularly difficult one for voestalpine AG. The steel and technology group is sticking to its long-term and steady dividend policy despite its negative earnings performance. The 28th Annual General Meeting (AGM) today resolved a dividend of EUR 0.20 per share for the business year 2019/20 (down from EUR 1.10 a year earlier). This year’s AGM, which was conducted virtually without the shareholders being physically present, followed the proposal of both the Management Board and the Supervisory Board. The dividend will be paid on July 13, 2020 (ex-dividend date: July 9, 2020).

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voestalpine Railway Systems strengthens market position in France, China, and Argentina Mon, 29 Jun 2020 08:06:270 GMT 2020-06-29T08:06:270Z https://www.voestalpine.com/group/en/media/press-releases/2020-06-29-voestalpine-railway-systems-strengthens-market-position-in-france-china-and-argentina/ voestalpine Railway Systems is the global market leader for complete railway infrastructure systems, including rails, turnouts, and digital signaling technology. With the acquisition of a turnout plant in France and new shareholdings in China and Argentina, the Group is expanding its international production capacities in this area. It has even established the first Chinese production facility for turnout monitoring systems. Progressive urbanization, especially in Asia, as well as European efforts to combat climate change mean solid market forecasts for the rail sector in the years ahead.

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In economically challenging environment, voestalpine posts operating result (EBITDA) of EUR 1.2 billion and negative EBIT for business year 2019/20 Wed, 03 Jun 2020 06:06:00 GMT 2020-06-03T06:06:00Z https://www.voestalpine.com/group/en/media/press-releases/2020-06-03-in-economically-challenging-environment-voestalpine-posts-operating-result-EBITDA-of-eur-1.2-billion-and-negative-ebit-for-business-year-2019-20/ COVID-19 pandemic negatively impacts voestalpine results for the past business year 2019/20 Tue, 07 Apr 2020 08:04:186 GMT 2020-04-07T08:04:186Z https://www.voestalpine.com/group/en/media/press-releases/2020-04-07-covid-19-pandemic-negatively-impacts-voestalpine-results-for-the-past-business-year-2019-20/ The COVID-19 pandemic and its global impact will have a negative influence on voestalpine results for the past business year 2019/20, both operationally and as a consequence of one-time effects. 

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Coronavirus pandemic has a significant economic impact on voestalpine and its customers - Short-time work in Austria and other European countries unavoidable Mon, 23 Mar 2020 17:03:449 GMT 2020-03-23T17:03:449Z https://www.voestalpine.com/group/en/media/press-releases/2020-03-23-coronavirus-pandemic-has-a-significant-economic-impact-on-voestalpine-and-its-customers-short-time-work-in-austria-and-other-european-countries-unavoidable/ The coronavirus pandemic and its consequences are facing voestalpine with major economic challenges. As a result of massive reductions in capacity and current production shutdowns in the automotive, aerospace, mechanical engineering, and oil & natural gas industries, in just a few days demand in the key voestalpine customer segments has collapsed. In order meet the required level of flexibility over the next weeks and to secure jobs at the Group as far as possible during this difficult situation, currently short-time work is being registered in around 50 European Group companies (in Austria as well as in Germany, Belgium, and France). 

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voestalpine Böhler Welding strengthens its market position and acquires Selco, the premium manufacturer of welding machines Tue, 03 Mar 2020 09:03:199 GMT 2020-03-03T09:03:199Z https://www.voestalpine.com/group/en/media/press-releases/2020-03-03-voestalpine-boehler-welding-strengthens-its-market-position-and-acquires-selco-the-premium-manufacturer-of-welding-machines/ voestalpine Böhler Welding, a leading global company in the field of welding technology and part of the technology group voestalpine, has acquired a majority stake in the traditional Italian manufacturer for welding machines Selco s.r.l.. With this, voestalpine Böhler Welding is further expanding its market position after the successful launch of the welding machine series in its “Böhler Welding” brand in June 2019.

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Economic slowdown and non-recurring effects impact voestalpine’s earnings for the third quarter of the business year 2019/20; excluding the non-recurring effects puts the operating results in slightly positive territory Thu, 06 Feb 2020 07:02:00 GMT 2020-02-06T07:02:00Z https://www.voestalpine.com/group/en/media/press-releases/2020-02-06-economic-slowdown-and-non-recurring-effects-impact-voestalpines-earnings-for-the-third-quarter-of-the-business-year-2019-20/