At 51,202 employees (full-time equivalent, FTE), as of March 31, 2023, the workforce of the voestalpine Group is 1.9% higher year over year (March 31, 2022: 50,225). For one, the increase is due to the greater number of employees in the High Performance Metals Division thanks to the ongoing rebound in two of its customer segments (oil and natural gas as well as aerospace) and, for another, due to the acquisition of Plastwil Sp. z o.o. in the Metal Engineering Division. As a result, the total number of the voestalpine Group’s employees as of March 31, 2023, is now only slightly lower than it was prior to the outbreak of the COVID-19 pandemic.
Acquisition
Takeover or purchase of companies or of interests in companies.
Full-time equivalent (FTE)
A full-time employee corresponds to a full-time equivalent of one, part-time employees are taken into account on a pro-rata basis corresponding to their working hours.
