NV Bekaert SA - Company Profile
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Business Description
NV Bekaert SA (Bekaert) is a manufacturer of drawn steel wire products and coating solutions. The company offers steel wires, tire cords, heating cords, steel fiber, welded mesh, window film, wire for kitchen utensils, shovel ropes, and fencing products. Bekaert’s products find applications in automotive, construction, energy and utilities, agriculture, consumer goods, basic materials, and equipment markets.
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R&D Overview
Bekaert's research and innovation activities focus on creating value for customers, the business, and stakeholders for long-term prosperity. The company co-creates with global customers and suppliers to develop and protect current and future technologies. It listens to customer needs, accelerates its innovation agenda, and extends its innovation scope beyond steel to new materials, markets, services, and solutions. The company also builds key positions in specific business ecosystems to leverage collaboration benefits. The Technology and Innovation (T&I) pipeline aligns with Bekaert's growth platforms, expanding the product portfolio of sustainable solutions in end-markets like sustainable construction, energy transition, advanced lifting and mooring, and e-mobility. The Technology and Innovation (T&I) unit is responsible for managing Bekaert's R&D activities. It aligns the innovation pipeline with the company's growth priorities and focuses on expanding the product portfolio of sustainable solutions. Bekaert has a portfolio of more than 1,650 patents, utility models, and design files, along with over 1,250 trademark files. Major Technology Alliances: The company has partnerships with EMSTEEL and IKK Mateenbar to advance sustainable solutions and hybrid GFRP and fiber-reinforced concrete solutions, respectively. In FY2025, the company spent EUR69 million on R&D, which as a percentage of revenue, stood at 1.8%.
Business Segments
Overview
Develops, manufactures and supplies steel and synthetic ropes for mission-critical lifting, hoisting, and mooring. Serves surface and underground mining, offshore and onshore energy, construction and equipment, crane and industrial, fishing and marine, and structures sectors.
Performance
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Overview
Develops, manufactures, and supplies steel cord and bead wire solutions for the tire sector.
Performance
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Overview
Markets, develops and manufactures building products that reinforce concrete, masonry, plaster, and asphalt. Also offers hose and belt reinforcement, fiber technologies, heating technologies, ultrafine wire, and hydrogen. Serves markets related to the energy transition.
Performance
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Overview
Manufactures and supplies steel wire products and solutions. Serves consumer goods, agriculture, construction, mining, industrial, energy and utilities sectors.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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