RHI Magnesita NV - Company Profile
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RHI Magnesita NV (RHI Magnesita) is a company involved in the design, production, delivery, installation, monitoring, maintenance, removal, and recycling of optimized refractory solutions. Its main activities include the production of refractory products and the provision of related services. The company's major products include shaped and unshaped refractory products, flow control products, and systems, sensors, machinery, and digital solutions. RHI Magnesita serves a diverse range of industries, including steel, cement and lime, non-ferrous metals, and process industries, providing essential products and services for high-temperature industrial applications. It operates a global distribution network, supplying smaller markets from regional hubs. The company has raw material sites in Austria, Brazil, China, Czechia, Turkiye, and the US, and operates production plants across Europe, Asia, and the Americas. RHI Magnesita is headquartered in Vienna, Austria.
Headquarters
Austria
Address
C/O Kranichberggasse 6, Wien, Oberosterreich , 1120
Website
ir.rhimagnesita.com
Telephone
43 43502130
No of Employees
20,000
Industry
Construction
Ticker Symbol & Exchange
RHIM (LON)
Revenue (2024)
$3.8B
-2.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-13.7%
(2024 vs 2023)
Market Cap*
$1.8B
Net Profit Margin (2024)
XYZ
-11.7%
(2024 vs 2023)
* As of and is in US$
RHI Magnesita NV premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Basic and Non-Basic Bricks and Mixes | Electromechanical Maintenance |
| Isostatic Products | Major Repairs, Assemblies and Stops |
| Slide Gate Plates | Solutions and Technology |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In October, the company partnered with Polytec USA Corp. to advance the future of steelmaking, combining technological expertise and shared commitment to innovation and excellence. |
| 2025 | Acquisitions/Mergers/Takeovers | In January, the company acquired Resco Group for US$410 million (EUR390 million). |
| 2024 | Acquisitions/Mergers/Takeovers | In June, MIRECO acquired Refrattari Trezzi. |
Competitor Comparison
| Key Parameters | RHI Magnesita NV | Wienerberger AG | Vesuvius plc | Krosaki Harima Corp | Shinagawa Refractories Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Austria | Austria | United Kingdom | Japan | Japan |
| City | Wien | Wien | London | Kitakyushu-Shi | Chiyoda-Ku |
| State/Province | Oberosterreich | Wien | England | Fukuoka | Tokyo |
| No. of Employees | 20,000 | 20,386 | 11,133 | 5,013 | 3,732 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Herbert Cordt | Chairman | Executive Board | 2017 | 79 |
| Stefan Borgas | Director; Chief Executive Officer | Executive Board | 2017 | 62 |
| Ian Botha | Chief Financial Officer; Director | Executive Board | 2019 | 55 |
| Rajah Jayendran | Chief Technology Officer | Senior Management | - | - |
| Gustavo Franco | Chief Customer Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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