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Compliance management system

A new, comprehensive Compliance management system encompassing risk analysis/prevention, identification, and reaction was established in the voestalpine Group during the business year 2011/12, thus placing Compliance on a very broad Group-wide basis. In addition to a Group Compliance Officer, additional Compliance officers were appointed for all divisions and a number of business units as well as larger Group companies. The Group Compliance Officer reports directly to the Chairman of the Management Board and is not bound by instructions. The Compliance unit is responsible for the following areas:

  • Antitrust law;
  • Corruption;
  • Capital market compliance;
  • Fraud (internal cases of theft, fraud, embezzlement, breach of trust);
  • Conflicts of interest; and
  • Special issues that are assigned to the Compliance officers by the Management Board of voestalpine AG (e.g. UN or EU sanctions).

All other Compliance issues—such as those relating to the environment, taxes, accounting, labor law, employee protection, data privacy, etc.—do not fall within the purview of the Compliance officers and/or are not covered by Compliance. In this respect, the responsibility for Compliance management rests with the respective specialist departments.

About voestalpine

In its business segments, voestalpine is a globally leading technology group with a unique combination of materials and processing expertise. With its top-quality products and system solutions using steel and other metals, it is a leading partner of the automotive and consumer goods industries as well as of the aerospace and oil & gas industries. voestalpine is also the world market leader in complete railway systems as well as in tool steel and special sections.


50 Countries on all 5 continents
500 Group companies and locations
52,000 Employees worldwide

Earnings FY 2018/19

€ 13.6 Billion


€ 1.6 Billion


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