wbag andr industry industrial processing founded 1852 ; 164 years ago 1852 headquarters graz austria key people wolfgang leitner ceo hellwig torggler chairman of the supervisory board products turnkey equipment for hydropower plants the production of pulp and paper and feed and biofuels ; plants for steel production ; industrial separation technologies revenue 5.176 billion 2012 1 operating income 312.7 million 2012 profit 243.6 million 2012 total assets 5.161 billion 2012 total equity 1033.8 million 2012 number of employees 23 700 2013 2 divisions pulp and paper hydro power metals separation feed and biofuel website www.andritz.com 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 23 400 employees at over 220 production and service facilities . in 2012 the company reported a revenue of 5.17 billion a gross profit of 334 million and a net profit of 242 million . 3 contents 1 business areas 2 andritz metals 3 history 3.1 2000 4 references 5 external links business areas edit andritz consists of 5 business areas andritz hydro andritz pulp and paper andritz metals andritz separation andritz feed & biofuel andritz metals edit 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 edit this section needs expansion with complete earlier history since 1852 before and after the world wars . you can help by adding to it . september 2011 2000 edit in march 2000 the company acquired a 50 percent stake in finland 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 . citation needed 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 . 4 5 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. switzerland ge hydro canada hemi controls canada i.p.morris usa kmpt ag germany 6 kmw sweden 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 references edit annual report 2012 andritz group . andritz group . retrieved 4 april 2013 . about us andritz group . andritz group . retrieved 30 june 2013 . key financial figures andritz group . andritz group . retrieved 4 april 2013 . andritz ag acquires va tech hydro . aquamedia . retrieved 2010 09 07 . andritz va tech hydro gmbh private company information . business week . retrieved 2010 09 07 . eans adhoc andritz erwirbt kmpt ag deutschland external links edit official website companies portal v t e atx companies of austria andritz at & s buwog ca immo conwert immobilien invest erste group bank immofinanz lenzing sterreichische post omv raiffeisen international rhi schoeller bleckmann oilfield equipment telekom austria uniqa verbund voestalpine wiener st dtische wienerberger zumtobel retrieved from https en.wikipedia.org w index.php title andritz ag & oldid 729146856 categories organisations based in grazmanufacturing companies of austriaindustrial machine manufacturershidden categories use dmy dates from june 2013articles to be expanded from september 2011all articles to be expandedarticles using small message boxesall articles with unsourced statementsarticles with unsourced statements from september 2010 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutsch fran aissuomi edit links this page was last modified on 10 july 2016 at 06 51 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view