voestalpine AG - Press Releases https://www.voestalpine.com/group/en/media/press-releases/rss en en voestalpine H2FUTURE: World’s largest “green” hydrogen pilot facility successfully commences operation Mon, 11 Nov 2019 08:11:00 GMT 2019-11-11T08:11:00Z https://www.voestalpine.com/group/en/media/press-releases/2019-11-11-h2future-worlds-largest-green-hydrogen-pilot-facility-successfully-commences-operation/ What is currently the world’s largest pilot plant for the CO2-neutral production of hydrogen has successfully commenced operation at the voestalpine site in Linz, simultaneously setting an international milestone in the advancement of new energy supply options. As part of the EU-funded H2FUTURE project, partners voestalpine, VERBUND, Siemens, Austrian Power Grid, K1-MET and TNO are researching into the industrial production of green hydrogen as a means of replacing fossil fuels in steel production over the long term. 

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Difficult environment has adverse impact on voestalpine’s results for the first half of the business year 2019/20 Wed, 06 Nov 2019 05:11:00 GMT 2019-11-06T05:11:00Z https://www.voestalpine.com/group/en/media/press-releases/2019-11-06-difficult-environment-has-adverse-impact-on-voestalpines-results-for-the-first-half-of-the-business-year-2019-20/ For the voestalpine Group, the first half of the business year 2019/20 was defined by a substantial dampening of sentiment in its economic environment.

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voestalpine with new record research budget of EUR 184 million in the business year 2019/20 Tue, 08 Oct 2019 08:10:317 GMT 2019-10-08T08:10:317Z https://www.voestalpine.com/group/en/media/press-releases/2019-10-08-voestalpine-with-new-record-research-budget-of-eur-184-million-in-the-business-year-2019-20/ Permanent innovation is essential if voestalpine is to succeed in international and technologically sophisticated markets. The technology group has continuously expanded its research budget over the past decade, raising it by a total of 70 percent. Its current budget of EUR 184 million makes voestalpine one of Austria’s most research-intensive companies. Development focuses on the drive to digitalize the entire value chain, as well as on innovations for the mobility industry and CO2 reductions in steel production. voestalpine employs more than 700 researchers at 70 Group companies around the world and has secured over 3,000 proprietary patents.

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US Ambassador Traina visited voestalpine site in Kindberg, Austria Fri, 04 Oct 2019 12:10:906 GMT 2019-10-04T12:10:906Z https://www.voestalpine.com/group/en/media/press-releases/2019-10-04-US-Ambassador-Traina-visited-voestalpine-site-in-Kindberg-Austria/ For years the USA has been a key strategic market for voestalpine. With 48 sites in the US and a local workforce of around 3,500 employees, the Group makes a significant contribution to value creation in the country. During his visit to the Styrian voestalpine factory in Kindberg today, Trevor Traina, the United States Ambassador to Austria, expressed his personal interest in the Group’s activities and its economic relations with the USA. A guided tour through the high-tech seamless tubes production facilities was followed by a discussion with voestalpine CEO, Herbert Eibensteiner, and voestalpine Management Board Member and Head of the Metal Engineering Division, Franz Kainersdorfer.

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voestalpine places its first sustainability loan Fri, 27 Sep 2019 10:09:659 GMT 2019-09-27T10:09:659Z https://www.voestalpine.com/group/en/media/press-releases/2019-09-27-voestalpine-places-its-first-sustainability-loan/ voestalpine has successfully placed its first syndicated sustainability loan (Environmental Social Governance, ESG) for EUR 1 billion with its 13 most important banking partners. This sustainability loan runs to 2024 and replaces the previous loan which was also syndicated, i.e. financed by a group of banks. This makes the technology group one of the first companies in the industry to issue such an ESG-linked syndicated loan, the interest rate for which will also be linked to the Group’s sustainability performance. The ESG rating is issued by Sustainalytics, the leading global ESG ratings agency which has been measuring corporate sustainability for over 25 years.

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voestalpine AG: Call of Hybrid Bond 2013 Mon, 09 Sep 2019 10:09:894 GMT 2019-09-09T10:09:894Z https://www.voestalpine.com/group/en/media/press-releases/2019-09-09-voestalpine-ag-call-of-hybrid-bond-2013/ The Management Board of voestalpine AG adopted a resolution today to call the entire issue of Hybrid Bond 2013 with a volume of EUR 500 million (ISIN AT0000A0ZHF1) (issued by voestalpine AG in 2013) in accordance with § 5 (2) of the terms and conditions effective on the first possible call date for this bond, namely 31 October 2019 (redemption date).

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Election to the Supervisory Board of voestalpine AG - Action for rescission Tue, 20 Aug 2019 10:08:903 GMT 2019-08-20T10:08:903Z https://www.voestalpine.com/group/en/media/press-releases/2019-08-20-announcement-action-for-rescission/ voestalpine AG hereby announces that a shareholder has filed an action for rescission of the resolution adopted at the Annual General Meeting of voestalpine AG on July 3, 2019 electing Dr. Wolfgang Eder to the Supervisory Board of voestalpine AG. 

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Economic slowdown and cost of raw materials impact voestalpine’s earnings for Q1 2019/20 Wed, 07 Aug 2019 07:08:00 GMT 2019-08-07T07:08:00Z https://www.voestalpine.com/group/en/media/press-releases/2019-08-07-economic-slowdown-and-cost-of-raw-materials-impact-voestalpines-earnings-for-q1-2019-20/ As far as the voestalpine Group is concerned, the macroeconomic environment has clouded over significantly since the start of the business year 2019/20. By and large, this is due to the fallout from the international trade conflicts and the associated, growing weakness of the global economy, which affects above all Europe’s export-oriented industries, and the slumping automotive industry in particular.

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voestalpine’s Annual General Meeting resolves dividend of EUR 1.10; change of CEO completed Wed, 03 Jul 2019 10:07:230 GMT 2019-07-03T10:07:230Z https://www.voestalpine.com/group/en/media/press-releases/2019-07-03-voestalpines-annual-general-meeting-resolves-dividend-of-eur-1-10-change-of-CEO-completed/ Pursuant to the proposal of both the Management Board and the Supervisory Board, the 27th Annual General Meeting (AGM) of voestalpine AG today resolved a dividend of EUR 1.10 per share for the business year 2018/19. This year’s AGM also saw Herbert Eibensteiner take over as Chairman of the Management Board from Wolfgang Eder who, in turn, was elected to the Supervisory Board, the Group’s highest corporate body, along with four other new members as part of the reconstitution of the Supervisory Board.

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voestalpine secures attractive high-tech 10-year contract with engine manufacturer Rolls-Royce Wed, 19 Jun 2019 09:06:00 GMT 2019-06-19T09:06:00Z https://www.voestalpine.com/group/en/media/press-releases/2019-06-18-voestalpine-secures-attractive-high-tech-10-year-contract-with-engine-manufacturer-rolls-royce/ A new contract with Rolls-Royce, a world-leading engine manufacturer, again draws on high-performance materials from voestalpine. As a new European producer, the Group’s High Performance Metals Division supplies highly sophisticated pre-materials for engine disks which are required to withstand huge forces during flight. High-tech materials and special forgings from voestalpine are already used in structural, undercarriage, wing, and engine parts in all major models of aircraft, from Airbus and Boeing to Embraer and Bombardier. The Group currently generates revenue of around EUR 400 million in the growing aerospace market, and this figure is expected to increase to EUR 500 million over the medium term.

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