An eye on materials
Submitted by:
Sara Waddington
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 in the July/August 2021 issue of ISMR.
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. It 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.
To read the full article in the July/August issue of ISMR, see https://joom.ag/VwyI/p22