In the course of the business year 2014/15 thus far, the Metal Engineering Division made two acquisitions, one in the Wire business segment and the other in the Turnout Systems business segment. The Italian manufacturer of special wire Trafilerie Industriali S.p.A., which is headquartered in Nervesa della Battaglia (Treviso), was acquired in the third quarter. The company specializes in the production of drawn wire. It has 80 employees and in 2013, it generated annual revenue of EUR 43.8 million with an annual production of around 50,000 tons. For voestalpine, this acquisition means an additional enhancement of the product portfolio in the segment of drawn wire for the automotive industry and another customer-specific extension of the value chain in the premium quality segment; it also strengthens voestalpine’s market position in Italy. The business segment Turnout Systems further expanded its leading market position in Australia in the third quarter by acquiring the Australian company Bathurst Rail Fabrication Center (BRFC). This specialist for high-quality welded rails, turnouts, and track components has a staff of around 60 employees and generated annual revenue of around EUR 34 million last year. With its turnout and rail welding plant, BRFC is the key railway competence center for Sydney Trains, which operates a major part of the railway network in the Australian state of New South Wales. With this acquisition, the Turnout Systems business segment has expanded its local presence in Australia considerably; paired with the voestalpine Group’s expertise, this creates the potential for future mass transit projects in Australia as well as in the important heavy-haul sector. The acquisition is set to close in the early part of the business year 2015/16.