History
From wartime steelworks to a global technology group.
voestalpine's history runs from 1938 in Linz through nationalisation, the invention of the LD process, merger with Alpine Montan, privatisation and today's green-steel transition.
Timeline
- 1938Reichswerke Hermann Göring Linz founded under Nazi-era industrial policy to build an integrated steel plant in Linz.
- 1945After World War II, the Linz works are nationalised and reorganised as VÖEST (Vereinigte Österreichische Eisen- und Stahlwerke).
- 1952VÖEST patents the LD steelmaking process (basic oxygen steelmaking), one of the most important steel innovations of the 20th century.
- 1973Merger of VÖEST and Österreichisch-Alpine Montangesellschaft forms VOEST-ALPINE AG.
- 1995Initial public offering on the Vienna Stock Exchange (ATX) begins the privatisation of the group.
- 2001VOEST-ALPINE STAHL AG is renamed voestalpine AG and adopts its current four-division structure.
- 2007Acquisition of BÖHLER-UDDEHOLM AG, a leading global tool steel and special steel producer — anchoring the High Performance Metals division.
- 2016Opens a direct reduction (HBI) plant in Corpus Christi, Texas — one of the largest of its kind in the world.
- 2019Herbert Eibensteiner becomes CEO — see key facts.
- 2022Final investment decision on greentec steel: two electric arc furnaces in Linz and Donawitz, scheduled to start in 2027.
- 2024Group reports €16.7 billion in revenue for business year 2023/24 — full breakdown on financials.