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The business area Andritz Metals (former "Rolling Mills and Strip Processing") is the third-largest business unit. Andritz Metals designs, develops and erects complete lines for the production and further processing of cold-rolled carbon steel, stainless steel and non-ferrous metal strips, including furnaces, presses and acid regeneration equipment.
The name Andritz was first mentioned in 1265. Andritz's most important industry, the technology company Andritz AG, was established by Josef Körösi in 1852. The largest of its endeavors, a pulp mill, was bought by them in 1913 but which had been in existence since 1790. The company as of 2009 has 13,176 employees.
Andritz may refer to: Andritz (Graz), district in Graz, Austria; Andritz AG, Austrian company This page was last edited on 27 December 2019, at 16:45 (UTC). Text is ...
Andritz AG (VIE:ANDR), which is in the machinery business, and is based in Austria, saw significant share price...
Andritz AG (WBAG:ANDR), a machinery company based in Austria, received a lot of attention from a substantial price movement on the WBAG over the last few months, increasing to €49.82Read More...
Text could therefore read: 'Andritz employs more than 26,800 employees at over 280 production and service facilities in over 40 countries. In 2021, the company reported a revenue of EUR 6.5 billion, and a net income of EUR 321.7 million.'
In May 2012, Austrian company Andritz AG acquired 38.5% of the shares in Schuler AG from the Schuler-Voith family, and made the shareholders an offer of €20 per share. As of February 15, 2013, Andritz reported a stake of 93.57 percent, after the competition authorities had given their approval for the acquisition.
The VA Tech Hydro unit changed its name to Andritz VA Tech Hydro GmbH and became a subsidiary of Andritz AG. [ 5 ] [ 6 ] Also in 2005, Rajiv Mittal headed a management group along with ICICI Venture bought out the Chennai-based VA Tech India, a VA Tech Wabag GmbH subsidiary started in 1996.
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