Voestalpine AG - Company Profile
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Business Description
Voestalpine AG (Voestalpine) in rail technology systems, tool steel, and special sections. It offers integrated track systems and welding solutions, special sections, tubes, and precision strip steel products. The company also provides strip steel and heavy plate products. It serves industries such as automotive, consumer goods, aerospace, oil & natural gas, rail technology, and tool steel. Voestalpine serves a broad customer base, including the automotive, energy, railway, construction, mechanical engineering, white goods, and aerospace industries. The company operates worldwide with about 500 group companies and locations in over 50 countries.
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R&D Overview
Voestalpine has organized its research and development (R&D) activities in a decentralized manner to maintain close connections with its companies, production, quality control, market, and customers. The global research network, comprising more than 70 locations, is centrally controlled from Linz by the Research Board and Research Coordination. The company's R&D strategy focuses on product innovation, sustainability, and creating unique selling points (USPs) through product differentiation. The R&D strategy is aligned with the company's strategy and is geared toward current megatrends, with a focus on achieving decarbonization targets through a three-pronged approach. This includes optimizing existing processes, electrifying processes, and developing new technologies including SuSteel and HYFOR. The R&D units of Voestalpine include the Research Board, Research Coordination, and the Research Committee. The Research Board manages R&D within the company, defining key topics, approving R&D programs and budgets, and making resource decisions. Research Coordination involves one coordinator per division, responsible for R&D management, reporting, budgets, strategy, divisional projects, lobbying, and cooperations. The Research Committee, composed of R&D managers from all companies, facilitates information exchange and strengthens synergies across divisions. In FY2025, the company spent EUR218.9 million on R&D, which as a percentage of revenue, stood at 1.4%.
Business Segments
- High Performance Metals Division
- Holding & Group Services
- Metal Engineering Division
- Metal Forming Division
- Steel Division
Overview
Manufactures high performance products such as tool steel, high-speed steel, and other special steel and titanium and nickel-based alloys. Operates facilities in Germany, Canada, the US, Sweden, and Austria. Offers services such as logistics, distribution, and processing for oil and natural gas industry in the US, Singapore, and Great Britain.
Performance
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Overview
Includes financing, raw material purchasing, personal service, and IT operations.
Performance
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Overview
Provides high-quality rails, digital monitoring systems and services related to rail infrastructure. Offers high-quality wire rod and drawn wire, premium seamless tubes for special applications, high-quality welding consumables and welding machinery.
Performance
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Overview
Provides highly refined sections, tubes, precision strip steel products as well as for pre-finished system components which is made of pressed, stamped, and roll-formed parts and ready-to-install system components. Serves to customers operating in commercial vehicle, construction, storage, energy, and agricultural machinery industries.
Performance
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Overview
Produces hot and cold-rolled strip steel, heavy plate, complex castings, and hot dip galvanized, electrogalvanized, and organically coated strip steel. Carries out other activities such as foundry operation, electrical steel strip, steel and service center and logistics services.
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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