Voestalpine AG

voestalpine AG is an Austrian integrated steel and technology group based in Linz, Oberoesterreich. It was founded in 1934 and has since grown to become one of the largest steel groups in Europe. The company is active in four divisions – Steel, Special Steel, Metal Engineering and Metal Forming – and is a world leader in its chosen markets, thanks to its technological expertise and innovative approach to production.

In 2019, the group generated sales of €15.3 billion and employed 51,670 people worldwide. Its core markets are automotive, energy and machinery, with a strong focus on high-value products. In the steel division, voestalpine AG produces flat steel products for the automotive, white goods, and construction industries. The special steel division manufactures long steel products, medium-wide strip steel, open-die forgings and drop forgings. In the metal engineering division, the company produces rails and turnout products and rod wire, drawn wire and pre-stressing steel. Finally, the metal forming division provides metal processing solutions, including special tubes and sections, custom-made special tubes and precision parts.

Moreover, the company has investments in the automotive, energy and construction sectors. In the automotive sector, voestalpine AG is a leading supplier of coated and uncoated automotive steels, offering advanced materials for lightweight and fuel-efficient car designs. In the energy sector, the company provides a range of high-performance components for power plants, turbines and other energy-related industries. In the construction sector, it produces customized construction profiles for architectural projects.

In addition to its core businesses, voestalpine AG is also active in Research & Development and has invested heavily in a number of innovative technologies such as the Smart Steel Technology Center, the Company’s latest initiative. Furthermore, the company has launched its own initiative, the voestalpine Open Innovation Platform - a place where partners can collaborate to drive innovation. This platform is also an efficient way to identify promising start-ups that can bring added value to the company’s businesses.