Production site in Annweiler/Rheinland-Pfalz
LEADERS IN TUBE FORMING Voestalpine Rotec GmbH & Co. KG specialises in the production, further processing and sales of precision steel tubes. Abigail Saltmarsh looks at its operations.
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his time at Voestalpine Rotec GmbH & Co KG , Dr Rolf Weiel, director of research and development at the group, has seen it leap from an annual turnover of €6 million to one of almost €32 million. Now, he says, the operation, which specialises in tube forming and machining technologies, has ambitions of reaching €50 million by 2020. “We have seen an average growth of 14 per cent every year and, although it will be a challenge, I believe we can reach our target by that time,” he says. “We always follow the options of both organic growth and acquisition – and will definitely be looking for acquisitions that fit our portfolio. However, in the past we have been much more successful with organic growth and we see good opportunities for that in the future.
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“This may be achieved by strong growth in our main business field, but we also plan to implement further services for our customers.”
High-precision operation Voestalpine Rotec is part of Voestalpine, a steelmaking, processing, and technology group that operates worldwide and manufactures, processes and develops high-quality steel products. With 500 production and sales companies in more than 50 countries on five continents, the mother group is one of the leading partners to the automotive and domestic-appliance industries in Europe and to the oil and gas industries worldwide. Voestalpine Rotec itself specialises in the production, further processing and sales of precision steel tubes. It has a focus on the automotive industry and on segments