- Business
- Semperit Aktiengesellschaft Holding, established in 1824 and headquartered in Vienna, Austria, specializes globally in the development, production, and distribution of highly specialized polymer products for diverse industrial applications. The company has strategically evolved its operations to concentrate entirely on the industrial sector following the divestment of its medical business in 2022. The company operates through two main divisions: Semperit Industrial Applications and Semperit Engineered Applications. The Semperit Industrial Applications division focuses on large-volume production for industrial needs, encompassing hydraulic and industrial hoses, alongside various profiles. The Semperit Engineered Applications division provides customized technical solutions, offering products such as escalator handrails, conveyor belts, cable car rings, and other precision elastomer components, notably including liquid silicone products from the acquired RICO Group. Semperit serves a wide range of global industries including construction, transportation, mining, automotive, and renewable energy, delivering mission-critical systems and components. In 2024, the group reported a substantial increase in EBITDA and a return to positive earnings after tax. Despite navigating challenging market conditions and facing impacts from global trade policies in early 2025, the company observed an improved order situation and positive earnings momentum in the second and third quarters of 2025.