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Salzgitter Aktiengesellschaft (SZG.DE)


XETRA - XETRA Delayed Price. Currency in EUR
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37.215-0.160 (-0.428%)
As of 2:35PM CEST. Market open.

Salzgitter Aktiengesellschaft

Eisenhüttenstrasse 99
Salzgitter 38239
Germany
49 5341 21 01
http://www.salzgitter-ag.de

SectorBasic Materials
IndustrySteel & Iron
Full Time Employees23,287

Key Executives

NameTitlePayExercisedAge
Prof. Heinz Jörg FuhrmannChairman of the Group Management Board & CEO1.89MN/A61
Mr. Burkhard BeckerCFO & Member of the Group Management Board1.04MN/A57
Mr. Michael KieckbuschChief Personnel Officer & Member of the Group Management Board1.1MN/A56
Dr. Roger SchlimPlate / Section Steel Bus. Unit Mang. and Member of the Group Management BoardN/AN/AN/A
Prof. Matthias NiemeyerTechnology Bus. Unit Mang. and Member of the Group Management BoardN/AN/A50
Amounts are as of December 31, 2016 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.

Description

Salzgitter Aktiengesellschaft, through its subsidiaries, engages in steel and technology businesses worldwide. It operates through Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology business units. The Strip Steel business unit manufactures branded and special steels, such as hot-rolled strip steel, cold-rolled steel, sections, tailored blanks, and components for the construction industry. The Plate/Section Steel business unit produces various high-grade heavy plates for engineering, ship building, and mechanical engineering, as well as trades in scrap. The Mannesmann business unit manufactures line pipes, HFI-welded pipes, precision pipes and tubes, stainless steel tubes, and spiral-welded large-diameter pipes, as well as longitudinal-welded, and seamless and welded tubes 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 the construction of special machinery for shoe manufacturing and elastomer production. The company also provides IT, facilities management, logistics, automotive engineering, and research and development services, as well as supplies raw materials. Salzgitter Aktiengesellschaft was founded in 1858 and is headquartered in Salzgitter, Germany.

Corporate Governance

Salzgitter Aktiengesellschaft’s ISS Governance QualityScore as of July 1, 2017 is 4. The pillar scores are Audit: 5; Board: 4; Shareholder Rights: 1; Compensation: 5.

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 a 10 indicates higher governance risk.