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    Austria

    Voestalpine reports lower profit and revenue in 9M FY25

    Austrian steelmaker Voestalpine reported a sharp decline in net profit for the first three quarters of FY25, ending December 31, 2024. Profit after tax dropped...

    RHI Magnesita completes acquisition of Resco to boost North American operations

    RHI Magnesita has completed its acquisition of US-based Resco Group from Balmoral Funds LLC and management for USD 410 mln, marking the company's largest...

    Voestalpine Bohler Welding expands local manufacturing in India

    Voestalpine Bohler Welding, a global leader in welding technology, has been expanding its local presence in India, investing around EUR 3 mln (USD 3.12...

    Voestalpine Tubulars completes commissioning of new profile rolling mill

    Austria's Voestalpine Tubulars has successfully commissioned a new profile rolling mill, designed and engineered by Friedrich Kocks GmbH & CO KG. The new equipment...

    Voestalpine to modernize hot-dip galvanizing line at Linz plant

    Voestalpine has selected international technology group Andritz to modernize the electrical and automation systems of a hot-dip galvanizing line at its steel mill in...

    Voestalpine finalizes sale of Germany-based special steel plant

    Voestalpine has finalized negotiations for the sale of its German subsidiary, Buderus Edelstahl, to Mutares SE & Co. KGaA, a well-known investment company based...

    Voestalpine launches first green bond to fund sustainable projects

    Voestalpine, an international steel and technology group, has successfully issued its first green corporate bond, raising EUR 500 mln (USD 558 mln). The five-year...

    Voestalpine Camtec to shut down Linz operations by March 2026

    Voestalpine Group's Steel Division will withdraw from the cam units and sliding elements business at its Linz site, gradually discontinuing the operations of Voestalpine...

    Voestalpine and SKF collaborate on eco-friendly steel bearing prototype

    SKF and Voestalpine Wire Technology have successfully developed the first prototype bearing using steel containing hydrogen direct reduced iron (H-DRI), marking a milestone in...

    Voestalpine secures EIB loan for R&D and green steel initiatives

    Voestalpine, Europe’s major steelmaker, has secured a EUR 300 mln (USD 321 mln) loan from the European Investment Bank (EIB) to support its research...

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