ISMR July/August 2021 | Page 23

FOCUS ON MATERIALS

MATERIAL

Voestalpine is a materials supplier to major automotive OEMs .

ISSUES

Despite the economic downturn , voestalpine generated revenues of 11.3 billion euros for 2020 / 21 . We highlight the Group ’ s latest projects , new material innovations and strategy for growth .

“ The voestalpine Group will increasingly focus on value-added growth over and above its measures to boost efficiency and optimise cash flow .”

In its business segments , voestalpine is a leading steel and technology group with a combination of materials and processing expertise . Operating globally , it has around 500 Group companies and locations in more than 50 countries on all five continents and has been listed on the Vienna Stock Exchange since 1995 .

It is a leading partner to the automotive and consumer goods industries , as well as to the aerospace and oil & gas industries . It is also a global market leader in railway systems , tool steel and special sections . Fully committed to global climate goals , its ‘ greentec ’ steel programme represents a clear plan for decarbonising the production of steel .
In the business year 2020 / 21 , the Group generated revenues of EUR 11.3 billion , with an operating result ( EBITDA ) of EUR 1.1 billion . It has about 48,700 employees worldwide .
Above : Voestalpine ’ s facilities at Linz , Austria . Left : Herbert Eibensteiner , Chairman of the Management Board of voestalpine AG .
ISMR July / August 2021 | sheetmetalplus . com | 23