Within the scope of the Stahlstiftung, former employees of the voestalpine Group companies have up to four years to complete training and continuing education to upgrade their skills or to start a new career path. These measures support former employees to the greatest possible degree in their search for a new job.
As of March 31, 2013, 453 persons were being assisted by the Stahlstiftung. This corresponds to a reduction of 10.6 % compared to the previous year. Since it was established in 1987, 85 % of participants who were looking for work were able to find a new job with the help of the Stahlstiftung. The Stahlstiftung can also be utilized by other companies; most recently, the percentage of external participants was at around 37 %.
Group companies outside of Austria provide former employees with assistance, which is utilized as needed–in Germany, for example, by way of so-called transfer companies.
More detailed information is available online at www.stahlstiftung.at