voestalpine AG - Press Releases

The voestalpine employee shareholding scheme is celebrating its 25th anniversary—and the successful model is still expanding

Wed, 19 Mar 2025 04:29:00 GMT

For years, the voestalpine employee shareholding scheme has been considered exemplary in Europe. The concept was developed in the year 2000. It bundles voting rights in an employee shareholding foundation, contributing significantly to the stable ownership structure of the Group, and also enabling employees to participate directly in the company’s success. Employees at voestalpine currently hold over 14% of the voting rights in voestalpine AG. Until now, shares from the voestalpine employee shareholding scheme were not given to the Austrian employees until they left the company. This year, as an exception, the portion of shares no longer subject to tax-related holding periods will be issued before the end of the employment relationship. This will both create space for future allocations and ensure that employees’ shareholding permanently remains within the designated voting rights range of 10% to 15%.

voestalpine to supply new digital monitoring systems to major global railway projects

Mon, 24 Feb 2025 10:30:00 GMT

As the global market leader for railway infrastructure systems, voestalpine Railway Systems supplies track systems, turnout systems, and signaling technology for renowned international railway projects. In recent years, the company has developed new digital diagnostic and monitoring solutions for trains. These systems monitor the operational status of trains and complement the existing track monitoring systems. To date, the systems have been fitted on rail tracks in 35 different countries worldwide. Customers include the majority of the world’s major railway operators, the major rail freight transport companies of North America, mining operators in Australia and South America, and many more in all climate zones of the world. Major projects are planned for the current calendar year in South Korea, Mexico, Germany, Spain, and the United States, among others.

voestalpine counters challenging environment in Q3 2024/25 with active measures

Wed, 12 Feb 2025 07:30:00 GMT

voestalpine Böhler Welding expands local business activities in India

Tue, 28 Jan 2025 08:20:00 GMT

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.

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

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.

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

Extended childcare offer: voestalpine draws positive conclusions after one year

Wed, 06 Nov 2024 07:44:00 GMT

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.

10 years of voestalpine Museum of Contemporary History

Wed, 30 Oct 2024 09:21:00 GMT

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.

voestalpine sells Buderus Edelstahl to Mutares

Wed, 23 Oct 2024 07:30:00 GMT

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).

voestalpine reorganizes Automotive Components business in Germany, creating future prospects for around 2,000 employees

Fri, 18 Oct 2024 07:36:00 GMT

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).