AMAG Austria Metall

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AMAG Austria Metall AG

logo
legal form Corporation
ISIN AT00000AMAG3
founding 1939
Seat Braunau am Inn , AustriaAustriaAustria 
management Gerald Mayer
Number of employees 1959
sales 1.102 billion euros (2018)
Branch Aluminum industry - primary aluminum, cast and rolled products
Website www.amag.at
As of December 31, 2018

The AMAG Austria Metall AG , shortly AMAG , at its Ranshofen , a district of Braunau am Inn ( Upper Austria ), is the largest Austrian aluminum group . It is a supplier of primary aluminum and aluminum semi-finished products.

Company history

Creation and nationalization

After the connection , an aluminum works called Mattigwerk (named after the Mattig river ) was built in 1939 by Vereinigte Aluminumwerke AG , Berlin in Ranshofen near Braunau am Inn . After the Second World War, US troops occupied the plant and handed it over to the re-established Republic of Austria in 1946.

The Aluminumwerke Ranshofen GmbH, founded in 1946 by the Republic of Austria, had actually taken over the assets of Vereinigte Aluminumwerke AG , Berlin, which had previously been publicly managed and located in Austria, as a rescue company in 1957 . These production sites, the aluminum smelter in Ranshofen and the bauxite mine in Unterlaussa were nationalized in 1946.

Österreichische Metallwerke Aktiengesellschaft was founded in 1948 by the Republic of Austria and built pressing and rolling mills in Ranshofen for the production of aluminum semi-finished products.

United Metalworks Ranshofen-Berndorf (VMW)

In 1957, Aluminumwerke Ranshofen GesmbH and Österreichische Metallwerke AG merged with Berndorfer Metallwarenfabrik Arthur Krupp AG , Berndorf , which was also nationalized in 1946 , as the receiving company, whose name was changed to Vereinigte Metallwerke Ranshofen-Berndorf AG in connection with this merger. In 1958 the company moved from Berndorf to Braunau. Due to a further merger, Leichtmetall-GesmbH , Vienna-Berndorf, was incorporated into Vereinigte Metallwerke Ranshofen-Berndorf AG in 1958 .

The company had operations in Ranshofen, Berndorf, Amstetten , Unterlaussa and Esslingen am Neckar as well as a forest estate in Halltal near Mariazell . It produced primary aluminum and aluminum alloys in bars, semi-finished products made of aluminum and aluminum alloys, semi-finished products made of non-ferrous metal, metal goods, apparatus and containers, window frames and the like. Like., cutlery, table utensils and gift items, film casting tapes and bauxite. Around 4,400 workers were employed. The company owned all the shares in the non-profit housing company "Arthur Krupp" GesmbH , Berndorf, as well as all shares in JC Klinkosch AG , Vienna, with which there was a tax group. In the autumn of 1960, all shares in the former foreign subsidiaries Societa per Azioni Italiana Metalli ed Argenteria Arthur Krupp , Milan and Berndorfer Metall-Werk AG , Lucerne were acquired.

In 1974, the Vereinigte Wiener Metallwerke AG , the Montanwerke Brixlegg GesmbH against the granting of shares to the Österreichische Industrieverwaltungs-AG , and the Metallwerk Möllersdorf AG against the surrender of the shares in the transferring company with the Vereinigte Metallwerke Ranshofen-Berndorf AG were merged in 1974 to consolidate nationalized industrial companies fused by inclusion. In 1978, Berndorfer Aluminum -verarbeitung GesmbH , Berndorf, was merged through inclusion. Around the same time, with the dispute about the commissioning of the Zwentendorf nuclear power plant, it became known that the VMW Ranshofen, large consumers of electrical energy, were receiving a blatantly low electricity price, which could be seen as a covert promotion of aluminum production.

In 1981 it was decided to build a can factory in Enzesfeld, Lower Austria, which went into operation in 1983. This canning plant was operated by Rexam from 1983 to 2016 .

Restructuring to Austria Metall AG under the umbrella of ÖIAG

In 1984 the final operations in Berndorf and Vienna were made independent and transformed into independent limited liability companies ( Berndorf Metallwaren GesmbH was 100% privatized in 1988 in the form of a management buyout ). At the beginning of 1985 the company was renamed Austria Metall Aktiengesellschaft (AMAG).

As part of a structural concept for the operations of the ÖIAG group decided by Österreichische Industrieholding AG (ÖIAG), which divides the old subgroups into smaller companies according to the principle of coordinated decentralization and reorganized them according to their branch affiliation to branch groups, Austria joined Metall AG implemented a profound restructuring: Austria Metall AG hived off its operational functions retrospectively as of January 1, 1987 into independent companies and concentrated exclusively on functions of a holding company for the non-ferrous metals sector .

The primary aluminum production and processing were transferred to AMAG Metall GesmbH , Ranshofen, the secondary aluminum division into Austria secondary aluminum GesmbH , Ranshofen, the copper smelter division into Montanwerke Brixlegg GesmbH , Brixlegg (this company was transferred to the Metallgesellschaft in 1989 to 51% Austria AG , Vienna), and the copper semi-finished product division was spun off into Buntmetall Amstetten GesmbH , Amstetten (this company was 100% privatized in 1989 in the form of a management buy-out).

At the beginning of 1990 the group was restructured again, which from then on was divided into six group divisions:

  • AMAG Metall (electrolysis in Australia and Canada, remelting plants in Ranshofen, Wuppertal and Furth)
  • AMAG rolled products (rolling mills in Ranshofen and Unna )
  • AMAG Extrusion (BOAL Group, Aluminum Ranshofen Preßwerk GesmbH , AMAG AluTeam Extrusion AG , Aluminumwerk Unna AG , AluTeam Metal Forming GmbH , Unna, AluTeam Wexal, Ireland)
  • AMAG molded products (foundry and forging companies in Austria, Germany, Hungary and France)
  • AMAG Packaging (European Packaging Holding)
  • AMAG systems (further processing of semi-finished products from the areas of rolled products, extrusion and cast products)

In the fall of 1991, the aluminum foundry Villingen GmbH , Villingen-Schwenningen , Germany , was sold to Hans Joachim Schönberg from the molded products division.

privatization

AMAG Ranshofen with new hot and cold rolling mill
AMAG Ranshofen with new hot and cold rolling mill (2018)

In 1996 AMAG was privatized. Through the management buy-out of Klaus Hammerer (40%) with the participation of Constantia (40%) and the employee foundation (20%). In 2007, Hammerer's shares were sold to Constantia Packaging AG, with the exception of the former AMAG extrusion GmbH ( pressing plant ), which remains in the possession of Hammerers (now HAI Hammerer Aluminum Industries GmbH). In addition, Constantia's purchase of 10% of the employee foundation was finally completed in November 2007.

In 2000, the can factory in Enzesfeld was sold to Rexam and has been part of the Ardagh Group since 2017 .

Since April 8, 2011, the shares of AMAG Austria Metall AG have been traded under the symbol "AMAG" on the official market (Prime Market) of the Vienna Stock Exchange. From September 24, 2012 to September 23, 2013 the company was represented in the ATX . According to its own information, the company has been producing at its Ranshofen plant at 100 percent capacity since 2010.

B&C Industrieholding GmbH has held a voting majority of 52.7% in AMAG Austria Metall AG since October 2014 .

In November 2014, AMAG opened the new hot rolling mill as well as the plate production and the expanded foundry at the Ranshofen location. In June 2017 the new cold rolling mill and the associated final facilities were opened. At the same time, the foundry and recycling capacities were expanded again. The EUR 535 million plant expansion was thus successfully completed. The most modern aluminum rolling mill in Europe is located at the Ranshofen location.

In the 2017 financial year, AMAG's sales exceeded EUR 1 billion for the first time, sales reached a new record with 421,700 tons, and recycling with 348,000 tons of aluminum scrap used. AMAG is thus on a sustainable growth path with a target capacity of more than 300,000 tons in the rolled products sector.

In September 2018, AMAG was the world's first integrated company with a rolling mill, foundry and recycling facility to be certified according to the ASI Performance Standard.

Group data

2018:

  • Sales (€ million): 1,101.6
  • Employees: 1959

2017:

  • Sales (€ million): 1,036.2
  • Employees: 1881

2016:

  • Sales (€ million): 906.2
  • Employees: 1762

2015:

  • Sales (€ million): 913.3
  • Employees: 1704

2014:

  • Sales (€ million): 823.0
  • Employees: 1638

2013:

  • Sales (€ million): 786.4
  • Employees: 1564

2012:

  • Sales (€ million): 819.8
  • Employees: 1490

2011:

  • Sales (€ million): 813.1
  • Employees: 1,422

2010:

  • Sales (€ million): 728.0
  • Employees: 1,175

Operating companies and companies

Key figures 2018
  • AMAG rolling GmbH
    • Sales: 222,900 tons
    • Sales (€ million): 892.4
    • Employees: 1,500
    • Main markets: Western Europe, North America, Asia
    • Main customers: packaging, mechanical engineering, automotive and aviation industries, transport, electrical and construction industries, ski and sporting goods manufacturers
    • Main products: gloss qualities, tread plates, shates, plates, sheets and strips, cathode sheets, solder-plated materials, high-strength materials (e.g. Titanal ) for sports and industry, but also a wide variety of alloys for the automotive and aviation industries
  • AMAG casting GmbH
    • Sales: 86,900 tons
    • Sales (€ million): 114.2
    • Employees: 124
    • Main markets: Germany, Austria, Italy, Benelux countries
    • Main products: HSG ingot, 2-part ingot, sows and liquid aluminum
    • Main customers: automotive and supplier industry, mechanical engineering
  • AMAG metal GmbH (Metallhandelsgesellschaft), as a metal trading company, handles the metal flow of the AMAG Group and thus represents the interface between the group and the raw materials market.
    • Aluminerie Alouette
      • Total production (t / year): 600,000
      • 20% share of AMAG
      • Partners: Alcan (40%), Hydro (20%), SGF / Marubeni (20%)
      • Products:
    • Employees at AMAG metal GmbH (including 20 percent staff share at Aluminerie Alouette ): 188
    • AMAG metal GmbH sales: 114,900 tons
    • Turnover AMAG metal GmbH (€ million): 785.6
  • AMAG service GmbH (location services)

Products

Austria Metall AG is a leading provider of:

Web links

Commons : AMAG Austria Metall  - collection of images, videos and audio files

Individual evidence

  1. Archived copy ( memento of the original from February 21, 2018 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.amag.at
  2. a b Annual Report 2018. In: amag-al4u.com. Retrieved May 13, 2019 .
  3. Finanz Compass Austria 1961, page 643 (direct link via ZEDHIA on page 643 )
  4. Now fix: Can factory in Enzesfeld . In: Arbeiter-Zeitung . Vienna October 15, 1981, p. 10 ( berufer-zeitung.at - the open online archive - digitized).
  5. Finanz Compass Austria 1987/88, page 1319 (direct link via ZEDHIA on page 1319 )
  6. Finanz Compass Austria 1992/93, page 69 (direct link via ZEDHIA on p. 69 )
  7. Wirtschaftsblatt.at: Oberbank is largely withdrawing from Amag. October 16, 2014, archived from the original on October 18, 2014 ; accessed on August 28, 2015 .
  8. AMAG: New hot rolling mill in Ranshofen brings AMAG into the top league. (No longer available online.) In: www.AMAG.at. AMAG, November 25, 2014, archived from the original on April 9, 2018 ; accessed on April 9, 2018 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.amag.at
  9. AMAG: AMAG opens the most modern aluminum cold rolling mill in Europe. In: www.AMAG.at. AMAG, June 23, 2017, accessed April 9, 2018 .
  10. a b AMAG: AMAG Annual Report 2017. (No longer available online.) AMAG, February 27, 2018, archived from the original on February 27, 2018 ; accessed on February 27, 2018 (German). Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.amag.at
  11. AMAG Austria Metall AG: AMAG is certified for the ASI performance standard. Retrieved December 17, 2018 .
  12. AMAG Austria Metall AG. In: Aluminum Stewardship Initiative. Retrieved December 17, 2018 .
  13. a b AMAG Austria Metall AG: Annual Report 2018. In: www.amag-al4u.com. AMAG Austria Metall AG, February 28, 2019, accessed on February 28, 2019 .
  14. Archived copy ( memento of the original from February 27, 2018 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.amag.at
  15. AMAG: AMAG Annual Report 2015. In: AMAG. AMAG, accessed on February 21, 2018 (German).
  16. Annual Report 2014 (PDF)