Metal Engineering Division
The Railway Systems business unit of the voestalpine Group's Metal Engineering Division is the global market leader in railway infrastructure systems and signaling technology. Through its Industrial Systems business unit, the division also is the European market leader in high quality wire and a global provider of complete welding solutions. In addition, the division delivers tubulars throughout the world from its plant in Kindberg, Austria. Its customer segments include the railway infrastructure industry, the oil & gas industry as well as the mechanical engineering, automotive, and construction industries. In the business year 2019/20, the Metal Engineering Division generated revenue of around EUR 2.9 billion through its Railway Systems and Industrial Systems business units, of which over 40% was generated outside Europe. With around 13,300 employees worldwide, the division thus generated an operating result (EBITDA) of EUR 301 million.
The voestalpine Group
In its business segments, voestalpine is a globally leading steel and technology group with a unique combination of materials and processing expertise. voestalpine, which operates globally, has around 500 Group companies and locations in more than 50 countries on all five continents. It has been listed on the Vienna Stock Exchange since 1995. With its top-quality products and system solutions, it is a leading partner to the automotive and consumer goods industries as well as the aerospace and oil & gas industries, and is also the world market leader in railway systems, tool steel, and special sections. voestalpine is fully committed to the global climate goals and is working intensively to develop technologies which will allow it to decarbonize and reduce its CO2 emissions over the long term. In the business year 2019/20, the Group generated revenue of EUR 12.7 billion, with an operating result (EBITDA) of EUR 1.2 billion; it had about 49,000 employees worldwide.
voestalpine AG published this content on 21 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2021 08:27:04 UTC