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Home > Company Index > Metals & Mining > Steel Production > Klöckner & Co AG

Klöckner & Co AG
 PROFILE
"Steel" distributing after all these years. Klöckner & Co distributes and processes a variety of steel and other metal products such as sheet, plate, and bar steel. It also provides services that include flame cutting, plasma cutting, and other machining processes. A subsidiary of E.ON (formed by the combination of German companies VEBA and VIAG), Klöckner & Co operates more than a hundred subsidiaries. The company was reconstituted to focus on multi-metal distribution after VIAG and VEBA merged. Klöckner & Co also distributes building materials and plastics. E.ON has sold Klockner's steel trade business to the UK's Balli Group plc. Balli also is in talks to buy the rest of Klockner.

 COMPETITION
ARBED S.A. (dossier)
ITOCHU Corporation (ITOCY)
Steel Technologies Inc. (STTX)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5,035.90
1-Yr. Sales Growth: 11.8%
Employees: 11,229
Revenue per employee: $448,472.70

 KEY PEOPLE
• Raimund Müsers
    CEO
• Heinz-Gerd Eicker
    CFO

 CONTACT INFO
Neudorfer Strasse 3-5
D-47057 Duisburg, Germany
Phone: 49-203-307-0
Fax: 49-203-307-5000
Online: Web Site

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