Voestalpine AG (0MKX.IL)

25.30 -0.10 (-0.39%) At close: 05:20PM BST

Voestalpine AG

voestalpine-Strasse 1
Linz 4020
Austria
43 5030 4150
https://www.voestalpine.com

Sector(s): Basic Materials
Industry: Steel
Full-time employees: 51,164

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Herbert Eibensteiner	Chairman of Management Board & CEO	4.56M	N/A	1963
Magistrate Robert Ottel M.B.A.	CFO & Member of Management Board	3.15M	N/A	1967
Mr. Franz Rotter	Head of the High Performance Metals Division & Member of Management Board	3.15M	N/A	1957
Dr. Franz Kainersdorfer	Head of the Metal Engineering Division & Member of Management Board	3.14M	N/A	1967
Dr. Peter Schwab M.B.A.	Head of the Metal Forming Division & Member of Management Board	3.15M	N/A	1964
Mr. Hubert Zajicek M.B.A.	Head of the Steel Division & Member of Management Board	3.15M	N/A	1968
Mr. Peter Fleischer	Head of Investor Relations	N/A	N/A	N/A
Mr. Peter Felsbach	Head of Group Communications	N/A	N/A	N/A
Mr. Franz Michael Androsch M.B.A.	Head of R&D	N/A	N/A	1963
Mr. Michael Eyett	Head of Corp. Procurement	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others. The High Performance Metals segment offers special alloys for the oil and natural gas, aerospace, and energy engineering industries; tool manufacturing, component processing, heat treatment, and coating services; and warehousing and preprocessing of special steels, as well as services, including logistics, distribution, and processing for the oil and natural gas industries for automotive, white goods/consumer goods, building/construction, aerospace, mechanical engineering, and others. The Metal Engineering division offers rails and turnout products, rod and drawn wires, seamless tubes, and welding consumables and machinery; rails and digital monitoring systems; and services for rail infrastructure. This segment serves railway systems, automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others. The Metal Forming division manufactures special tubes and sections, and precision strip steel products, as well as pre-finished system components made from pressed, stamped, and roll-profiled parts for use in automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others. The company is headquartered in Linz, Austria.

Corporate governance

Voestalpine AG’s ISS governance QualityScore as of 1 October 2023 is 8. The pillar scores are Audit: 7; Board: 10; Shareholder rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.