Voestalpine AG - Company Profile
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Voestalpine AG (Voestalpine) is a steel processing and manufacturing company. It manufactures steel products and carries out metal engineering and metal forming activities. Its products include steel strips and plates; and special products such as steel-long products, narrow strip, tool steel, high-speed steel, electrogalvanized steel strip, and special steel forgings. It also manufactures custom tubes and sections, and precision steel tubes. Voestalpine serves various industries including automotive, aerospace, railway, construction, consumer goods, white goods, civil and mechanical engineering, and energy, among others. The company operates 500 group companies in over 50 countries. The company has operations in Latin America, North America, Asia-Pacific, Africa, Middle East, and Europe. Voestalpine is headquartered in Linz, Oberosterreich, Austria.
Headquarters
Austria
Address
Voestalpine-Strasse 1, Linz, Oberosterreich , 4020
Website
www.voestalpine.com
Telephone
43 50 304150
No of Employees
50,712
Industry
Metals and Mining
Ticker Symbol & Exchange
VOE (WBAG)
Revenue (2022)
$19.2B
22.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-18%
(2022 vs 2021)
Market Cap*
$5.1B
Net Profit Margin (2022)
XYZ
-32.8%
(2022 vs 2021)
* As of and is in US$
Voestalpine AG premium industry data and analytics
Products and Services
| Products |
|---|
| Foundry Products |
| Non-Ferrous Metal Casting |
| Steel Castings |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In March, the company announced its plans to sell Buderus Edelstahl and restructure its Automotive Components business in Germany. |
| 2023 | Contracts/Agreements | In November, the company entered into a partnership with Danieli to execute the advancement for oscillation flexibility on the double-strand, vertical-curve slab caster in operation at Linz plant. |
| 2023 | Acquisitions/Mergers/Takeovers | In October, NEDCON Group acquired Torri S.P.A. |
Competitor Comparison
| Key Parameters | Voestalpine AG | ArcelorMittal SA | ThyssenKrupp AG | Nucor Corp | United States Steel Corp |
|---|---|---|---|---|---|
| Headquarters | Austria | Luxembourg | Germany | United States of America | United States of America |
| City | Linz | Luxembourg | Essen | Charlotte | Pittsburgh |
| State/Province | Oberosterreich | - | Nordrhein-Westfalen | North Carolina | Pennsylvania |
| No. of Employees | 50,712 | 126,756 | 99,973 | 32,000 | 21,803 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Wolfgang Eder | Chairman | Executive Board | 2022 | - |
| Heinrich Schaller | Deputy Chairman | Executive Board | 2012 | 64 |
| Herbert Eibensteiner | Chief Executive Officer | Senior Management | 2019 | 60 |
| Gerald Mayer | Chief Financial Officer | Senior Management | 2024 | - |
| Franz Rotter | Head - High Performance Metals Division | Senior Management | 2011 | 66 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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