Voestalpine AG : Management Board again appointed for a five-year term of office
March 22, 2013 at 04:08 pm IST
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Therefore, Messrs.
Dr. Wolfgang Eder
CEO and Head of the Steel Division (Member of the Management Board since 1995, Chairman of the Management Board since 2004)
Mag. Dipl.-Ing. Robert Ottel
CFO (Member of the Management Board since 2004)
Dipl.-Ing. Franz Rotter
Head of the Special Steel Division (Member of the Management Board since 2011)
Dipl.-Ing. Dr. Franz Kainersdorfer
Head of the Metal Engineering Division (Member of the Management Board since 2011)
Dipl.-Ing. Herbert Eibensteiner
Head of the Metal Forming Division (Member of the Management Board since 2012)
have been appointed members of the Management Board of voestalpine AG until March 31, 2019.
The voestalpine Group
The voestalpine Group is a steelmaking, processing, and technology group that operates worldwide and manufactures, processes, and develops high-quality steel products. With 500 production and sales companies in more than 50 countries on five continents, the Group has been listed on the Vienna Stock Exchange since 1995. With its top-quality flat steel products, the Group is one of the leading partners to the automotive and domestic-appliance industries in Europe and to the oil and gas industries worldwide. The voestalpine Group is also the world market leader in railway switch technology, special rails, tool steel, and special sections. In the 2011/12 business year, the voestalpine Group reported revenue of more than EUR 12 billion and an operating result (EBITDA) of EUR 1.3 billion. It staffs roughly 46,500 employees worldwide.
Voestalpine AG is one of the European largest steel makers. Net sales break down by family of products as follows:
- flat steel (32.6%): hot and cold laminated steel, galvanized steel, sheet metal, etc.;
- long steel (21%): steering systems, rods, non-welded tubes, etc.;
- special steel (18.9%);
- steel components (18.6%);
- other (8.9%).
Net sales break down by market into automotive (31.6%), oil industry (15.4%), rail transportation (10.3%), construction (10.1%), civil and mechanical engineering (10%), household appliances (4.4%), aerospace (2.2%) and other (16%).
Net sales are distributed geographically as follows: Austria (7.5%), Europe (54.5%), North America (17.2%), Asia (6.9%), South America (4.6%) and others (9.3%).