voestalpine AG - Press Releases https://www.voestalpine.com/group/en/media/press-releases/rss en en voestalpine <![CDATA[voestalpine counters challenging environment in Q3 2024/25 with active measures ]]> Wed, 12 Feb 2025 07:30:00 GMT 2025-02-12T07:30:00Z https://www.voestalpine.com/group/en/media/press-releases/2025-02-12-voestalpine-counters-challenging-environment-in-q3-2024-25-with-active-measures/ <![CDATA[voestalpine Böhler Welding expands local business activities in India]]> Tue, 28 Jan 2025 08:20:00 GMT 2025-01-28T08:20:00Z https://www.voestalpine.com/group/en/media/press-releases/2025-01-28-voestalpine-mediainformation-boehler-welding-india/ voestalpine Böhler Welding, a leading and globally active company in the field of welding technology, has been gradually expanding its local value creation in India in recent years and invested around EUR 3 million in its Indian locations. Future projects, such as the addition of solid wire production to the product portfolio, are also intended to boost the “Make-in-India” share.

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<![CDATA[voestalpine mourns the loss of its long-standing Member of the Management Board, Dkfm. Dr. Claus Raidl]]> Wed, 11 Dec 2024 16:00:25 GMT 2024-12-11T16:00:25Z https://www.voestalpine.com/group/en/media/press-releases/2024-12-12-voestalpine-mourns-the-loss-of-its-long-standing-member-of-the-management-board-dkfm.-dr.-claus-raidl/ As Chief Financial Officer (CFO) of the former VOEST-ALPINE AG and VOEST-ALPINE STAHL AG, Claus Raidl played a key role in reorganizing and restructuring the previously nationalized steel group between 1986 and 1992. From 1991 to 2007 he was Chairman of the Management Board of the newly founded BÖHLER-UDDEHOLM AG, and after that company was taken over by voestalpine AG he was appointed to the Management Board of voestalpine AG, where he served until 2010.

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<![CDATA[voestalpine holds its own in the first half of 2024/25 in an overall challenging economic environment]]> Wed, 13 Nov 2024 07:30:00 GMT 2024-11-13T07:30:00Z https://www.voestalpine.com/group/en/media/press-releases/2024-11-13-voestalpine-holds-its-own-in-the-first-half-of-2024-25-in-an-overall-challenging-economic-environment/ <![CDATA[Extended childcare offer: voestalpine draws positive conclusions after one year]]> Wed, 06 Nov 2024 07:44:00 GMT 2024-11-06T07:44:00Z https://www.voestalpine.com/group/en/media/press-releases/2024-11-06-extended-childcare-offer-voestalpine-draws-positive-conclusions-after-one-year/ In September 2023, voestalpine became the first Austrian industrial company to offer 24-hour childcare for children up to the age of 12 at its Linz site, doubling its previous childcare capacity, and specifically addressing the needs of employees working in shifts. The extended childcare offer has been very well received, with demand for childcare spots in the kindergarten and daycare center increasing by more than 30% in the last year. More than half of the available spots for the family night and weekend care have already been filled.

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<![CDATA[10 years of voestalpine Museum of Contemporary History]]> Wed, 30 Oct 2024 09:21:00 GMT 2024-10-30T09:21:00Z https://www.voestalpine.com/group/en/media/press-releases/2024-10-30-10-years-of-voestalpine-museum-of-contemporary-history/ On October 31, 2014, voestalpine opened a permanent exhibition at its Group headquarters in Linz, becoming the first private company to address the fate of the Nazi forced laborers from the former “Reichswerke Hermann Göring” in Linz. Since then, more than 23,000 visitors have visited the Museum of Contemporary History, including numerous school groups and many relatives of former forced laborers.

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<![CDATA[voestalpine sells Buderus Edelstahl to Mutares]]> Wed, 23 Oct 2024 07:30:00 GMT 2024-10-23T07:30:00Z https://www.voestalpine.com/group/en/media/press-releases/2024-10-23-voestalpine-sells-buderus-edelstahl-to-mutares/ voestalpine has concluded negotiations for the sale of German Group subsidiary Buderus Edelstahl. With Mutares SE & Co. KGaA, a recognized investment company is taking over the company based in Wetzlar, Hessen. The contract was signed yesterday and the sale now awaits approval from the relevant competition authorities. The parties have agreed not to disclose the purchase price. The transaction is expected to be concluded by the end of Q4 2024. The expected financial impact of the sale has already been communicated and is included in our earnings forecast for the ongoing BY 2024/25 (EUR 1.4 billion EBITDA).

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<![CDATA[voestalpine reorganizes Automotive Components business in Germany, creating future prospects for around 2,000 employees]]> Fri, 18 Oct 2024 07:36:00 GMT 2024-10-18T07:36:00Z https://www.voestalpine.com/group/en/media/press-releases/2024-10-18-voestalpine-reorganizes-automotive-components-business-in-germany-creating-future-prospects-for-around-2000-employees/ The Metal Forming Division of the voestalpine Group is responding to structural changes and falling customer demand in the automotive sector by reorganizing its Automotive Components locations in Germany. In future, the plants in Dettingen, Schmölln, Schwäbisch Gmünd, and Böhmenkirch will form a joint production network, with each contributing their specialist technology and product knowledge. Operations in Birkenfeld will be discontinued subject to the outcome of negotiations with the Works Council and IG Metall. The aim of these measures is to secure the future of the automotive supply segment of the Metal Forming Division in the long term, and with it around 2,000 jobs in Germany. The expected financial impact of the reorganization has already been communicated and is included in our earnings forecast for the ongoing BY 2024/25 (EUR 1.4 billion EBITDA).

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<![CDATA[Results of the first half of business year 2024/25 below market expectation because of one-off effects, furthermore economic downturn requires adjustment of the earnings forecast for the full business year 2024/25]]> Mon, 14 Oct 2024 14:53:16 GMT 2024-10-14T14:53:16Z https://www.voestalpine.com/group/en/media/press-releases/2024-10-14-results-of-the-first-half-of-business-year-2024-25-below-market-expectation-because-of-one-off-effects-furthermore-economic-downturn-requires-adjustment-of-the-earnings-forecast-for-the-full-business-year-2024-25/ <![CDATA[voestalpine is the first European steel company to place a green bond]]> Wed, 25 Sep 2024 09:43:00 GMT 2024-09-25T09:43:00Z https://www.voestalpine.com/group/en/media/press-releases/2024-09-25-voestalpine-is-the-first-European-steel-company-to-place-a-green-bond/ The international steel and technology group has successfully issued its first green corporate bond, for EUR 500 million. The bond has a term of five years and a coupon of 3.75%, and met with high investor demand. Private investors may also subscribe during the subscription period running from September 26 to October 3, 2024. The entire proceeds of the issue will be used to finance or refinance sustainable voestalpine projects, such as greentec steel.

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