Here you will find our press releases. Find out about the latest projects, orders, cooperations and other information about voestalpine.
The exchange-listed voestalpine Group has set ambitious goals up to the year 2020. With a clear focus on the customer segments Mobility and Energy and on non-European growth markets, and with profitability remaining at virtually at the same level compared to the last few years, sales are projected to soar from the most recent EUR 12.1 billion to approximately EUR 20 billion.
The listed voestalpine Group continues to further expand its market position in North America by undertaking an acquisition in its special steel segment. Böhler-Uddeholm Canada Ltd., a company of voestalpine’s Special Steel Division, acquires the Canadian company Sturdell Industries Inc., which is headquartered in Rexdale (Toronto) and has another site in Rochester, NY, in the USA.
On 9 December 1949, a pioneering decision was made in Linz to construct a steel mill based on a completely new technology, the Linz-Donawitz process (LD process). Only three years later, on 27 November 1952, the world’s first LD steelmaking plant was commissioned at the site of the current headquarters of voestalpine AG. This was closely followed by a second plant that was put into operation on 22 May 1953 in Donawitz.
On November 14, the voestalpine Group held a groundbreaking ceremony for the Metal Forming Division’s new US plant in Cartersville, Georgia. The most recent US investment in the future production of automotive components is worth around EUR 50 million and the plant will already be operational by June 2013. Once fully up and running, the plant will provide jobs for around 220 employees. Over the coming years voestalpine will invest significantly more than EUR 100 million in new plants in China, the USA, South Africa, Romania and Germany as part of its comprehensive globalization strategy in the automotive sector.
Consolidated revenue in the first two quarters of the business year 2012/13 (April 1 to September 30, 2012) at EUR 5.9 billion was nearly identical to the sales figures for the previous year (EUR 6.0 billion).
With an EBITDA of EUR 730 million and EBIT of EUR 441 million based on almost stable revenues in the first half of 2012/13 voestalpine is well on track to repeat the (adjusted) earnings figures of the business year 2011/12.
This year you have again the possibility to watch the press conference on the results of the first half year 2012/13 live via internet.
“We’re taking the future into our own hands” is the motto of the campaign and the philosophy embodied by the corporation.
voestalpine AG has successfully placed a corporate bond issue of EUR 500 million in the capital market, intended to be used for general financing purposes. The quality of the final order book with EUR 1.7 billion and 270 different investors, in particular from Germany, Switzerland and UK, was excellent. The coupon is 4%.
In Leoben, today is the EUMICON 2012 European Mineral Resources Conference kick off.