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voestalpine - Latest news GMK Center

Photo – Voestalpine to reorganize auto component production in Germany
Voestalpine to reorganize auto component production in Germany

The company is closing the factory in Birkenfeld, but strengthening other production facilities

Photo – Voestalpine issues the first green bonds in the European steel industry
Voestalpine issues the first green bonds in the European steel industry

Funds from their issue will be used to finance or refinance permanent projects of the company

Photo – Voestalpine shuts down Camtec plant in Linz
Voestalpine shuts down Camtec plant in Linz

The unit specializes in the production of products for the automotive and machine-building industry

Photo – Voestalpine shuts down blast furnace No. 6 in Linz for 80-day overhaul
Voestalpine shuts down blast furnace No. 6 in Linz for 80-day overhaul

After completing the modernization of the blast furnace in Linz, the company will stop the furnace in Donawitz for repairs

Photo – Voestalpine secures €300 million EIB loan for green steel production
Voestalpine secures €300 million EIB loan for green steel production

The funding will be used to implement a four-year research and development program

Photo – Voestalpine unveils green financing concept
Voestalpine unveils green financing concept

With the launch of the program, the company laid the foundation for issuing green bonds

Photo – Voestalpine reduced revenue by 8.5% y/y in FY2023/2024
Voestalpine reduced revenue by 8.5% y/y in FY2023/2024

The company's EBITDA for the reporting period fell by 34.5% y/y

Photo – Voestalpine plans to produce premium steel from low-grade scrap
Voestalpine plans to produce premium steel from low-grade scrap

The products are planned to be used in the production of Mercedes-Benz cars

Photo – Voestalpine acquires controlling stake in Italian ITALFIL SpA
Voestalpine acquires controlling stake in Italian ITALFIL SpA

The company is expanding its product portfolio with premium welding wire, as well as its position in the welding technology market

Photo – Voestalpine produces world’s first green wire rod at Donawitz plant
Voestalpine produces world’s first green wire rod at Donawitz plant

The product is made from hydrogen-reduced iron and scrap

Photo – Voestalpine plans to sell German plant Buderus Edelstahl
Voestalpine plans to sell German plant Buderus Edelstahl

The company justifies this step by the negative economic conditions for industrial companies in Germany

Photo – Voestalpine calls on Austria to extend electricity price compensation until 2030
Voestalpine calls on Austria to extend electricity price compensation until 2030

Energy costs in the country are too high by European and international standards

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