voestalpine AG - Press Releases https://www.voestalpine.com/group/en/media/press-releases/rss en en voestalpine 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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voestalpine at the SelectUSA Investment Summit 2019 in Washington Wed, 12 Jun 2019 16:06:794 GMT 2019-06-12T16:06:794Z https://www.voestalpine.com/group/en/media/press-releases/2019-06-12-voestalpine-at-the-selectusa-investment-summit-2019-in-washington/ This year marked the sixth SelectUSA Investment Summit, the country’s largest investment conference, which was held in Washington D.C. from June 10 to 12. As a major European investor in the USA over the past years, voestalpine was also an attendee at this high-level conference. As an international technology group, the company presented its current investment projects at the event, as well as a broad range of training and continuing professional development measures which it offers its local employees in the USA. Today, at the final day of the conference, voestalpine representatives joined other international conference participants in signing the Pledge to America’s Workers, a commitment to expand programs for further training of American skilled workers.

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voestalpine posts record revenue for the business year 2018/19, lower earnings due to non-recurring effects Wed, 05 Jun 2019 06:06:00 GMT 2019-06-05T06:06:00Z https://www.voestalpine.com/group/en/media/press-releases/2019-06-05-voestalpine-posts-record-revenue-for-the-business-year-2018-19-lower-earnings-due-to-non-recurring-effects/ Following the record business year 2017/18, which produced all-time highs with respect to just about every key performance indicator of the voestalpine Group, the business year 2018/19 just ended was characterized by growing political and economic challenges.

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voestalpine opens pioneering high-tech steel research facility in Donawitz Wed, 22 May 2019 10:05:554 GMT 2019-05-22T10:05:554Z https://www.voestalpine.com/group/en/media/press-releases/2019-05-22-voestalpine-opens-pioneering-high-tech-steel-research-facility-in-donawitz/ Light yet tough, ideal for processing and also recyclable—steel is a material with a future. Ongoing steel development provides the basis for new concepts in mobility, energy, and infrastructure. At its unique pilot facility in Leoben-Donawitz, Austria, voestalpine is now conducting research into the production of new high-performance steels which are subsequently processed into special rails, quality rod wire, and extremely high-resistant OCTG by the Group’s companies in Styria. Over EUR 18 million has been invested in the “Technikum Metallurgie” (TechMet), a metallurgy technical center, which is a complete but miniature steel plant. It represents the largest research investment at this site to date. It will further extend voestalpine’s global technological leadership in sophisticated product solutions in steel.

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Construction has started on the hall for the new voestalpine special steel plant in Kapfenberg Tue, 16 Apr 2019 08:04:143 GMT 2019-04-16T08:04:143Z https://www.voestalpine.com/group/en/media/press-releases/2019-04-16-construction-has-started-on-the-hall-for-the-new-voestalpine-special-steel-plant-in-kapfenberg/ One year after the groundbreaking ceremony for the world’s most advanced special steel plant, construction work for the EUR 350 million project in Kapfenberg, Styria, is on schedule. After completion of the construction site and associated infrastructure, Group company voestalpine Böhler Edelstahl has now awarded the contract for construction of the hall of the steel plant: Austrian companies Unger Stahlbau Ges.m.b.H, based in Oberwart, Burgenland, and Haslinger Stahlbau GmbH, headquartered in Feldkirchen, Carinthia, will form a consortium to erect the steel construction, which will cover an area of three hectares. The industrial equipment permit for the new plant was issued in March 2019.

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voestalpine: Helmut Gruber to become new Technical Director of the Steel Division Wed, 10 Apr 2019 08:04:00 GMT 2019-04-10T08:04:00Z https://www.voestalpine.com/group/en/media/press-releases/2019-04-10-voestalpin-helmut-gruber-to-become-new-technical-director-of-the-steel-division/ The Steel Division of the voestalpine Group supplies its customers around the world with high-tech steel products from its base in Linz. Following former Technical Director Hubert Zajicek’s recent appointment as the new Chairman of the division’s four-member management team, succeeding Herbert Eibensteiner who replaces CEO Wolfgang Eder and assumes the chairmanship of the Group as a whole as of July 3, now the future Technical Director who will take his place in the steel management team has been selected: Helmut Gruber (47), who is currently responsible for the technical management of strip production, will take on the overall technical management from Hubert Zajicek on July 3, 2019, advancing to join the Management Board of voestalpine’s largest division in terms of revenue. The Steel Division is a global leader in its product segments. Its 11,000 employees generated an operating result (EBITDA) of over EUR 900 million with revenue of EUR 4.8 billion in the business year 2017/18.

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World premiere of new trophy for best driver at Formula E “voestalpine European Races” presented in Vienna Thu, 04 Apr 2019 09:04:114 GMT 2019-04-04T09:04:114Z https://www.voestalpine.com/group/en/media/press-releases/2019-04-04-world-premiere-of-new-trophy-for-best-driver-at-formula-e-voestalpine-European-Races-presented-in-vienna/ Following the first six races of the 2018/2019 season which were held outside Europe, the ABB FIA Formula E Championship is now about to enter the second half of the season—where the “voestalpine European Races” are being held for the first time. Ahead of the start of the first of these European races (the Rome race on April 13), Formula E made a pit stop in Vienna today. Formula E driver Lucas di Grassi, Sporting Director Frederic Espinos, and voestalpine CEO Wolfgang Eder jointly presented the new award to recognize the best driver of the “voestalpine European Races”*—as part of the commercial partnership with Formula E. On June 22 in Bern, this very special trophy which was made by voestalpine using an innovative 3D printing technology will be given to the best driver of all five of the European races.

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voestalpine successfully places EUR 500 million bond issue Thu, 04 Apr 2019 08:04:912 GMT 2019-04-04T08:04:912Z https://www.voestalpine.com/group/en/media/press-releases/2019-04-04-voestalpine-successfully-places-eur-500-million-bond-issue/ voestalpine AG has successfully placed a new EUR 500 million corporate bond issue in the capital market to provide funding for general corporate financing.

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Study emphasizes that steel will continue to play a key role in electromobility in future Thu, 21 Mar 2019 09:03:765 GMT 2019-03-21T09:03:765Z https://www.voestalpine.com/group/en/media/press-releases/2019-03-21-study-emphasizes-that-steel-will-continue-to-play-a-key-role-in-electromobility-in-future/ The trend towards lightweight construction has helped materials such as aluminum and plastic to become established in the automotive industry, and they will remain legitimate alternatives to steel during the shift from the combustion engine to the electric motor. Even so, in the growing global industrial sector of electromobility, demand for steel is predicted to remain high or even to increase. This is the conclusion of a study by the German Handelsblatt Research Institute (HRI), commissioned by voestalpine. The development of innovative high- and ultra-high-tensile steel grades also secures the long-term future of steel in the automotive industry, because not only is the material both lightweight and tough, it is also easy to process, can be recycled, and is cost-efficient. Therefore, with its unique combination of materials expertise and processing competence, the technology group voestalpine is also excellently equipped to meet the future demands of the automotive industry, while with its comprehensive expertise it can actively help shape the future of electromobility.

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