- CEO
- Julian Cassutti
- Full Time Employees
- 128
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Im Stadtgut B1 Steyr OB Austria 4407
- IPO Date
- Oct 30, 2024
- Business
- Steyr Motors AG develops and produces high-performance diesel engines with the highest power density and durability for heavy-duty vehicles, boats, generator sets and auxiliary power units; the company offers marine engines including SE 4-cylinder and 6-cylinder unit injection models, vehicle engines from 135kW to 200kW for on-road, off-road and special applications with features such as multifuel capability and emergency drive systems, customized propulsion and power systems, repowering services, hybrid systems, diesel-electric power packs, engine-optimized software solutions with digital networking, original spare parts and full life-cycle support services; Steyr Motors operates an in-house testing facility for engines and components, provides prototyping, series manufacturing, contract production and licensing options, and serves military and civilian customers worldwide including special vehicles for forces such as the Australian Army and US Navy Seals, main battle tanks, locomotives and industrial applications. Headquartered in Steyr, Upper Austria, the company traces its origins to the diesel engine division of Steyr-Daimler-Puch and became independent in 2001 through a management buyout; it was acquired by Mutares SE & Co. KGaA from Thales in the fourth quarter of 2022 via a carve-out, underwent a successful operational turnaround, listed shares on the Frankfurt Stock Exchange Scale segment in October 2024 under ticker 4X0.DE with a secondary listing on the Vienna Stock Exchange in early 2025, changed its name from Mutares Austria Holding-01 GmbH to Steyr Motors AG in October 2024, completed a capital increase through private placement in October 2024 with B&C Holding Österreich GmbH acquiring a 9.9% cornerstone stake that has since expanded to 20% as anchor shareholder, saw Mutares sell its remaining 23% stake in November 2025 to international institutional investors including from the United States, strengthened its international sales network with new distribution partners Golden Arrow Marine in the United Kingdom and Greece, launched a completely new business segment in mobile power generation targeting additional cumulative revenue of over EUR 100 million by 2030, reported revenue growth of over 15% in the first nine months of 2025 to above EUR 45 million with a strong order backlog exceeding EUR 300 million, and projects net sales of EUR 64 million in 2025 and EUR 91 million in 2026. Steyr Motors employs approximately 100 to 106 people, holds numerous patents, certificates and awards including for its pioneering 2008 STEYR HDS parallel hybrid propulsion system for boats, and maintains operations from its facility at Im Stadtgut B1, A-4407 Steyr, Austria, with global reach in defense, marine, vehicle and industrial sectors.