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Salzgitter AG (SZG.DE)

17.51 Down 0.18(1.02%) 11:35AM EST
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Salzgitter AG
Salzgitter, 38239
Germany - Map
Phone: 49 53 41 21 01
Fax: 49 53 41 21 27 27

Index Membership:N/A
Sector:Basic Materials
Industry:Steel & Iron
Full Time Employees:23,688

Business Summary 

Salzgitter AG, through its subsidiaries, engages in steel and technology businesses worldwide. The company operates in five business unit of Strip Steel, Plate/Sections, Trading, Energy, and Technology. The Strip Steel business unit produces special and branded steels, such as hot-rolled strip, cold-rolled steel, flat steel, tailored blanks, and components for roofing and cladding, as well as provides cut-to-size blanks and other services for the automotive industry. The Plate/Sections business unit produces a range of high-grade heavy plates for heavy engineering, tubes producers, and the manufacturers of wind power farms. This business unit also offers sections, sheet piling, and scrap dealing. The Energy business unit manufactures a range of steel tubes and pipes, including spectrum covers seamless tubes, precision tubes, seam- and spiral-welded large-diameter pipes, and stainless steel tubes, as well as seamless and welded precision tubes, rounded off by HFI-welded pipes for the energy industry, automotive sector, and mechanical engineering sector. The Trading business unit operates a European sales network, as well as trading companies and agencies worldwide. The Technology business unit offers machinery and plants for the filling and packaging of beverages, as well as focuses on the construction of special machinery. The company also offers logistics, telecommunications, data processing, mechanical engineering, hydroformed products, and engineering services. Salzgitter AG was founded in 1858 and is headquartered in Salzgitter, Germany.

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Key Executives 
Prof. Heinz Jörg Fuhrmann , 60
Chairman of Exec. Board and Chief Exec. Officer
Mr. Burkhard Becker , 56
Chief Financial Officer and Member of the Exec. Board
Mr. Michael Kieckbusch , 55
Chief Personnel Officer and Member of Exec. Board
Markus Heidler ,
Deputy Head of Investor Relations
Mr. Bernhard Kleinermann , 54
Spokesman and Head of Corp. Communications
Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in EUR.