Voestalpine AG
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in mil. unless spec.Company Description
- CEO
- Herbert Eibensteiner
- Full Time Employees
- 48,777
- Sector
- Basic Materials
- Industry
- Steel
- Address
- voestalpine-Strasse 1 Linz OB Austria 4020
- IPO Date
- Jan 20, 2010
- CIK
- 0001378984
- Website
- voestalpine.com
- Similar Companies
- Business
- Voestalpine AG is an Austrian steel-based technology and capital goods group specializing in premium steel products and system solutions. The company manufactures high-quality steel strip, heavy plate, casings for large turbines, high-performance tool steel, special profiles, seamless tubes, and railway infrastructure products including rails, turnout systems, and intelligent signaling. Its product offerings extend to the automotive industry with lightweight, high-strength steel components, as well as welding consumables and welding technology solutions. The company operates globally with around 500 Group companies and locations in more than 50 countries across all five continents. Founded in 1938, Voestalpine AG is headquartered in Linz, Austria, and has been listed on the Vienna Stock Exchange since 1995. Voestalpine is organized into several key divisions: Steel, which produces advanced steel products; High Performance Metals, offering surface treatments and additive manufacturing; Metal Engineering, focusing on railway infrastructure and industrial systems; Metal Forming, providing precision sections and tubes; and Railway Systems, delivering integrated rail infrastructure solutions. The company serves industries including automotive, aerospace, energy, mechanical engineering, consumer goods, and oil & gas. Recent major changes include the acquisition of a majority stake in the Italian premium welding wire manufacturer Italfil S.p.A. in mid-2024, expanding its welding technology portfolio particularly in low and unalloyed solid wires for automated welding applications. Additionally, Voestalpine Railway Systems Nortrak LLC in the USA acquired production facilities from Wabtec Components LLC in Knoxville, Tennessee, enhancing its presence in the North American railway infrastructure market. The company also initiated the sale of its German special steel subsidiary Buderus Edelstahl in 2024, expected to finalize by the end of the year. Voestalpine continues to advance its sustainability initiatives with its greentec steel program targeting decarbonization of steel production. The Group reported revenues of approximately EUR 15.7 billion and an EBITDA of EUR 1.35 billion for the business year 2024/25 and employs around 49,700 employees worldwide. Voestalpine AG maintains a leadership position in steel technology and system solutions, with a strategic focus on innovation, international growth, and sustainability.
Company News
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