Andritz AG
Encyclopedia
Andritz AG is an Austrian plant engineering group headquartered in Graz
. The group gets its name from the district Andritz
in which it is located.
Andritz employs more than 16,100 employees at 35 production and service facilities and 120 subsidiaries. In 2010, the company reported a revenue of €3.55 billion, a gross profit of €307 million and a net profit of €246 million.
's Ahlstrom
Machinery Group from the A. Ahlstrom
Corporation, a manufacturer of chemical pulp
plants and other pulp processing machinery. As part of the purchase agreement, Andritz also received the option of purchasing full control of Ahlstrom
Machinery in the event of Andritz going public. In the meantime, Ahlstrom
Machinery was renamed Andritz-Ahlstrom and placed under Andritz's Pulp and Paper division.
Following the IPO, Andritz made good on completing its acquisition of full control of Andritz-Ahlstrom, buying up the rest of that subsidiary in July 2001. Another large acquisition was the purchase of the hydroelectric power division of VA Technologie AG
in 2006, as a consequence of a decision of the EU
commission in the acquisition of VA Technologie AG by Siemens AG
. Experts estimated the price at €200 million. The VA Tech Hydro unit changed its name to Andritz VA Tech Hydro GmbH and became a subsidiary of Andritz AG. With 3000 employees and sales of €620 million, the unit increased the size of Andritz by one third, becoming the company's second-largest business.
In May and June 2008, Andritz acquired hydropower technology and certain assets of GE Energy’s hydropower business (including test laboratories in Canada and Brazil), as well as GE Energy’s majority interest in the joint venture GE Hydro Inepar do Brasil. Since January 2009, all these acquisitions now operate under "Andritz Hydro" name. Andritz Hydro ranks among the 3 largest hydro companies(with Alstom and Voith-Siemens) with historical references back from 19th century by the acquisition over the years of the following companies and technologies, on which the Andritz Hydro group is the legal successor:
Up to date, more than 17,355 installed and refurbished units producing over 379,000 MW in a broad range of machine types (Francis, Kaplan, Pelton, Bulb, Propellers, Diagonal, Pump-turbine, etc.) and power output (from 10 kW to 770MW). Andritz hydro supply all turbines, generators, governors, main inlet valves, penstocks and balance of plants as well as plant refurbishment services.
Graz
The more recent population figures do not give the whole picture as only people with principal residence status are counted and people with secondary residence status are not. Most of the people with secondary residence status in Graz are students...
. The group gets its name from the district Andritz
Andritz
Andritz may refer to:* Andritz, a district in Graz, Austria.* Andritz AG, an Austrian company. * ANDRITZ HYDRO GmbH* Karl "Schnucki" Andritz , Austrian footballer...
in which it is located.
Andritz employs more than 16,100 employees at 35 production and service facilities and 120 subsidiaries. In 2010, the company reported a revenue of €3.55 billion, a gross profit of €307 million and a net profit of €246 million.
Business areas
Andritz consists of 5 business areas:- Andritz Hydro
- Andritz Pulp and Paper
- Andritz Metals
- Andritz Feed & Biofuel
- Andritz Environment and Process
Andritz Metals
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.History
2000 -
In March 2000, the company acquired a 50 percent stake in FinlandFinland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...
's Ahlstrom
Ahlstrom
Ahlstrom is a Finnish wood processing firm and a global manufacturer of specialty papers and nonwoven materials, using natural and synthetic fibers to produce roll goods for customers who turn them into hundreds of products. Ahlstrom's shares have been traded on the main list of the Helsinki Stock...
Machinery Group from the A. Ahlstrom
Ahlstrom
Ahlstrom is a Finnish wood processing firm and a global manufacturer of specialty papers and nonwoven materials, using natural and synthetic fibers to produce roll goods for customers who turn them into hundreds of products. Ahlstrom's shares have been traded on the main list of the Helsinki Stock...
Corporation, a manufacturer of chemical pulp
Pulp (paper)
Pulp is a lignocellulosic fibrous material prepared by chemically or mechanically separating cellulose fibres from wood, fibre crops or waste paper. Wood pulp is the most common raw material in papermaking.-History:...
plants and other pulp processing machinery. As part of the purchase agreement, Andritz also received the option of purchasing full control of Ahlstrom
Ahlstrom
Ahlstrom is a Finnish wood processing firm and a global manufacturer of specialty papers and nonwoven materials, using natural and synthetic fibers to produce roll goods for customers who turn them into hundreds of products. Ahlstrom's shares have been traded on the main list of the Helsinki Stock...
Machinery in the event of Andritz going public. In the meantime, Ahlstrom
Ahlstrom
Ahlstrom is a Finnish wood processing firm and a global manufacturer of specialty papers and nonwoven materials, using natural and synthetic fibers to produce roll goods for customers who turn them into hundreds of products. Ahlstrom's shares have been traded on the main list of the Helsinki Stock...
Machinery was renamed Andritz-Ahlstrom and placed under Andritz's Pulp and Paper division.
Following the IPO, Andritz made good on completing its acquisition of full control of Andritz-Ahlstrom, buying up the rest of that subsidiary in July 2001. Another large acquisition was the purchase of the hydroelectric power division of VA Technologie AG
VA Tech Wabag
VA Tech Wabag GmbH is a multinational company with dual headquarters in Chennai, India and Vienna, Austria.Founded in 1924, the company is the largest in the world specializing in water treatment for municipal and industrial users. The company has completed a total of 6000 projects.-Wabag:In 1924,...
in 2006, as a consequence of a decision of the EU
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...
commission in the acquisition of VA Technologie AG by Siemens AG
Siemens AG
Siemens AG is a German multinational conglomerate company headquartered in Munich, Germany. It is the largest Europe-based electronics and electrical engineering company....
. Experts estimated the price at €200 million. The VA Tech Hydro unit changed its name to Andritz VA Tech Hydro GmbH and became a subsidiary of Andritz AG. With 3000 employees and sales of €620 million, the unit increased the size of Andritz by one third, becoming the company's second-largest business.
In May and June 2008, Andritz acquired hydropower technology and certain assets of GE Energy’s hydropower business (including test laboratories in Canada and Brazil), as well as GE Energy’s majority interest in the joint venture GE Hydro Inepar do Brasil. Since January 2009, all these acquisitions now operate under "Andritz Hydro" name. Andritz Hydro ranks among the 3 largest hydro companies(with Alstom and Voith-Siemens) with historical references back from 19th century by the acquisition over the years of the following companies and technologies, on which the Andritz Hydro group is the legal successor:
- ACM - Vevey, Switzerland
- Baldwin-Lima-Hamilton, Usa
- Bell, Switzerland
- Bouvier, France
- Bouvier-Darling, Usa
- Charmilles, Switzerland
- Dominion Engineering Works, Canada
- Dominion Bridge, Canada
- Escher Wyss & Cie.Escher Wyss & Cie.Escher Wyss & Cie., also known as Escher Wyss AG, was a Swiss industrial company with a focus on engineering and turbine construction. The company was headquartered in the Zurich quarter of Escher Wyss, which takes its name from the company....
, Switzerland - Ge Hydro, Canada
- I.P.Morris, Usa
- KMPT Ag, Deutschland
- KMW, Sweden
- Kvaerner Brug, Norway
- Nohab, Sweden
- Pelton Waterwheel, Usa
- Sulzer Hydro, Switzerland
- Tampella, Finland
- Voest-Alpine Maschinenbau Gmbh, Austria
- Voest-Alpine Ag, Austria
- Voest-Alpine Mce, Austria
- Va Tech Voest Mce, Austria
- Va Tech Escher Wyss, Germany
- Va Tech Escher Wyss, Italy
- Va Tech Escher Wyss, Spain
- Va Tech Hydro, Switzerland
- Va Tech Bouvier Hydro, France
- Va Tech Hydro, Canada
- Va Tech Escher Wyss, Mexico
- Va Tech Hidro, Brazil
- Va Tech Hydro Usa Corporation
- Va Tech Hydro, Indonesia
- Va Tech Hydro Flovel, India
- Va Tech Hydro, China
- Waplans, Sweden
Up to date, more than 17,355 installed and refurbished units producing over 379,000 MW in a broad range of machine types (Francis, Kaplan, Pelton, Bulb, Propellers, Diagonal, Pump-turbine, etc.) and power output (from 10 kW to 770MW). Andritz hydro supply all turbines, generators, governors, main inlet valves, penstocks and balance of plants as well as plant refurbishment services.