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Divisions

The voestalpine Group is divided into four divisions. Their product portfolios make them leading providers in their markets.

Steel Division

Key figures of the Steel Division

 

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Figures in millions of euros, as of: business year 2012/13

 

 

 

 

 

Revenue

 

3,921.7

EBITDA

 

449.8

EBITDA margin

 

11.5%

EBIT

 

218.4

EBIT margin

 

5.6%

Employees (FTE)

 

10,676

The Steel Division is the largest business unit of voestalpine and generates about one third of the Group’s revenue. In the integrated steel plant in Linz, Austria, the division produces around 5.5 million tons of crude steel per year and processes it to steel strip that is hot- and cold-rolled, electrogalvanized, hot-dip galvanized, and organically coated. Its other activities include electrical steel strip, heavy plate production, a foundry, and a number of downstream sectors, such as the Steel Service Center and pre-processing. The products of the Steel Division are mainly supplied to the European automotive and automotive supply industries, the white goods industry, the civil engineering sector, and the energy industry. In these industrial sectors, voestalpine is among Europe’s leading suppliers.

The history of the Steel Division

As part of the war preparations by the National Socialist regime, the Linz plant was established in 1938 under the name „Hermann Goering Werke“ in order to produce steel for the arms industry.

During World War II, much of the work was done by Austrian and foreign forced laborers and prisoners from Nazi concentration camps. It is very important for voestalpine to deal with its history in an open and transparent manner. The Documentation Center, which was established in 2001, has been working with the Steel History Club to come to terms with this part of the past and to contribute to the public’s understanding of this period by way of publications, exhibits, and a works museum.

After the end of World War II, the plant was expropriated by the Allies and reestablished as the state-owned “Vereinigte Österreichische Eisen- und Stahlwerke AG” (VÖEST) in 1946.

In the early 1950s, the LD (Linz-Donawitz) process was developed in Linz. In 1952, the first steel plant that used the LD process was commissioned in Linz. This was a groundbreaking steelmaking process and even today, more than two thirds of the steel produced worldwide is based on this process. After the investment program “Linz 2010” was decided upon in 2002, capacity was expanded by just over 50% and the production facilities were consistently upgraded to position them in the top quality segment of steel production.

Special Steel Division

Metal Engineering Division

Metal Forming Division