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Salzgitter Aktiengesellschaft (SZG.DE)

XETRA - XETRA Delayed price. Currency in EUR
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38.20+0.84 (+2.25%)
As of 02:56PM CET. Market open.

Salzgitter Aktiengesellschaft

Eisenhüttenstrasse 99
Salzgitter 38239
49 5341 21 01

Sector(s)Basic Materials
Full-time employees23,600

Key executives

NameTitlePayExercisedYear born
Mr. Gunnar GroeblerChairman of the Group Management Board & CEO1.69MN/A1972
Mr. Burkhard BeckerCFO & Member of the Group Management Board1.39MN/A1960
Mr. Michael KieckbuschChief Personnel Officer & Member of the Group Management Board1.4MN/A1961
Mr. Ulrich GretheHead of the Strip Steel Bus. Unit & Member of the Management BoardN/AN/AN/A
Mr. Volker SchultHead of the Trading Bus. Unit & Member of the Management BoardN/AN/AN/A
Mr. Kai AckerHead of the Group Technology Bus. Unit & Member of Group Management BoardN/AN/AN/A
Dr. Sebastian BrossMember of the Group Management BoardN/AN/AN/A
Mr. Uwe KruseCIO & Head of IT StrategyN/AN/AN/A
Mr. Markus HeidlerHead of Investor Relations & Corp. CommunicationN/AN/AN/A
Mr. Bernhard KleinermannDirector Corp. CommunicationN/AN/A1962
Amounts are as of 31 December 2021, 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.


Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through five segments: Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology. The Strip Steel segment manufactures branded and special steels, such as hot-rolled strip steel and steel sheets, sections, tailored blanks, and components for the construction industry. The Plate/Section Steel segment produces various high-grade heavy plates for engineering, shipbuilding, and mechanical engineering, as well as trades in scrap. The Mannesmann segment is involved in the manufacture of line pipes, HFI-welded tubes, precision and stainless-steel tubes, and spiral-welded and longitudinal-welded large-diameter pipes; and seamless and welded tubes for the energy, automotive, and mechanical engineering sectors. The Trading segment operates a European sales network, as well as trading companies and agencies worldwide. The Technology segment engages in the provision of machinery and plants for the filling and packaging of beverages, as well as special machinery engineering for shoe manufacturing and elastomer production. The company also provides IT, facility management, logistics, automotive engineering, and research and development services, as well as supplies raw materials. Salzgitter AG was founded in 1858 and is headquartered in Salzgitter, Germany.

Corporate governance

Salzgitter Aktiengesellschaft’s ISS governance QualityScore as of 1 October 2022 is 6. The pillar scores are Audit: 5; Board: 6; Shareholder rights: 9; Compensation: 2.

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.