Here you will find our press releases. Find out about the latest projects, orders, cooperations and other information about voestalpine.
At its meeting today, the Supervisory Board of voestalpine AG appointed Gerald Mayer to its Management Board. He will take over as CFO from April 1, 2024. His term of office is three years, as with all initial appointments. Gerald Mayer replaces Robert Ottel who has not extended his mandate and will leave voestalpine AG at the end of March 2024.
voestalpine subsidiary NEDCON, headquartered in Doetinchem, the Netherlands, and part of the international steel and technology Group’s Metal Forming Division since 2004, has been a supplier of innovative storage solutions for decades. With the acquisition of warehouse and racking specialist Torri S.P.A. from Vicenza, Italy, the company is now further strengthening its position in this demanding segment.
The Supervisory Board of voestalpine AG has appointed Carola Richter as Head of the Metal Forming Division with effect from April 1, 2024. The internationally experienced manager will become the first woman to join the six-member Management Board of voestalpine AG. Her term of office will be three years, as is the case with other first-time appointments. Carola Richter succeeds Peter Schwab, who, after ten years on the Management Board, will not be extending his mandate for personal reasons and will conclude his service on March 31, 2024.
With today’s official opening of the state-of-the-art special steel plant in Kapfenberg, voestalpine marks a technological milestone in the production of pioneering high-performance materials for the international automotive, energy, and aerospace industries. The new plant, the world’s most advanced in terms of digitalization and sustainability, is also the first of its type to be constructed in Europe in four decades. The region is reaping significant economic benefits from investment in this major project.
Only a few weeks after the official start of construction at the voestalpine site in Donawitz, the traditional groundbreaking ceremony for greentec steel takes place today at the Group’s headquarters in Linz. In the first step of the phased approach, one electric arc furnace (EAF) will be built at each of the sites in Linz and Donawitz. Integrating the two green electricity-powered EAFs into steel production makes it possible to electrify energy-intensive processes, thus reducing CO2 emissions by around 30% from 2027. This corresponds to an annual saving of almost 4 million tons of CO2 or 5% of domestic emissions. That makes greentec steel Austria’s largest climate protection program.
voestalpine launched its new brand and image campaign at the end of September. The ambassadors are the employees themselves, who sing about what they like and what they do in a voestalpine version of the international hit “My Favorite Things” from the movie “The Sound of Music”. The campaign tells the story of how the technology and steel Group contributes to modern, sustainable living from the perspective of the people working at voestalpine. It will be promoted nationally on TV, and in Austria and Germany on online and social media channels.
greentec steel is the voestalpine Group’s ambitious and feasible phased plan for green steel production. In a first step, one electric arc furnace will be constructed at each of the Linz and Donawitz sites. Converting to this technology allows the steel and technology Group to reduce its emissions by around 30%, representing annual savings of almost 4 million tons of CO2. The investment volume is around EUR 1.5 billion. This traditional groundbreaking ceremony marks the start of construction at the Donawitz site, and this major investment will bring significant economic benefits to the region.
In its meeting today, the Supervisory Board of voestalpine AG reached a decision to extend the mandates of three members of the Management Board, and appointed two new members. Herbert Eibensteiner remains the Chairman of the Management Board of voestalpine AG for another five years. The mandates of Hubert Zajicek as Head of the Steel Division and Franz Kainersdorfer as Head of the Metal Engineering Division were also extended by a further five years each. Reinhard Nöbauer will become a Member of the Management Board from April 1, 2024, and the new Head of the High Performance Metals Division. He thus succeeds Franz Rotter, who will retire on March 31, 2024. His time on the Management Board will initially run for three years. The Supervisory Board will decide promptly on a successor to Robert Ottel, who yesterday declined an offer of the Supervisory Board to extend his contract as CFO. Ottel’s period in office ends on March 31, 2024. The successor to Peter Schwab, who at his own request will not be extending his Management Board contract beyond the current period in office, which expires on March 31, 2024, will be announced in September.
Robert Ottel, CFO, today informed the Chairman of the Supervisory Board that he will not accept the Supervisory Board's offer of reappointment for a five-year term starting April 1, 2024.