The Supervisory Board of Voestalpine AG at its meeting held on June 05, 2018, extended the mandate of DI Herbert Eibensteiner, Head of the Steel Division of Voestalpine, by five years that is until March 31, 2024-and, as successor to Dr. Wolfgang Eder, appointed him as Chairman of the Management Board with effect from the end of the 2019 Annual General Meeting. The mandate of Dr. Eder, who is no longer available for a longer term of office after 15 years as Chairman, has been extended until the ordinary Annual General Meeting on July 3, 2019. The Supervisory Board will recommend his election to the Supervisory Board at the 2019 Annual General Meeting. The mandates of the remaining members of the Management Board have been extended by five years. Therefore, Mag. DI Robert Ottel (CFO), DI Franz Rotter (Head of the High Performance Metals Division), DI Dr. Franz Kainersdorfer (Head of the Metal Engineering Division), DI Dr. Peter Schwab (Head of the Metal Forming Division) have been appointed members of the Management Board of the company until March 31, 2024.
Voestalpine AG is one of the European largest steel makers. Net sales break down by family of products as follows:
- flat steel (32.6%): hot and cold laminated steel, galvanized steel, sheet metal, etc.;
- long steel (21%): steering systems, rods, non-welded tubes, etc.;
- special steel (18.9%);
- steel components (18.6%);
- other (8.9%).
Net sales break down by market into automotive (31.6%), oil industry (15.4%), rail transportation (10.3%), construction (10.1%), civil and mechanical engineering (10%), household appliances (4.4%), aerospace (2.2%) and other (16%).
Net sales are distributed geographically as follows: Austria (7.5%), Europe (54.5%), North America (17.2%), Asia (6.9%), South America (4.6%) and others (9.3%).