AUSTRIA/ITALY: VAI, TECHINT TEAM UP

Article Abstract:

Voest-Alpine Industrieanlagenbau (VAI) of Linz and Techint of Milan are setting up a joint venture for continuous casting plants and rolling mills for long products. The joint venture of the Austrian and Italian plant engineering companies will employ 220 staff and generate an annual turnover of EUR 100mn. It will involve the two companies' sites in Linz, Austria; Castellanza, Italy; Sheffield, UK; and Pittsburgh, US. The cooperation should strengthen the two partners' engineering, construction and sales activities.

Italy, Foreign operations, Joint ventures

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AUSTRIA: VAI TAKES OVER ROLLING MILL TECHNOLOGY

Article Abstract:

VAI has taken over the rolling mill technology division of its cooperation partner Gesellschaft fur Fertigungstechnik und Maschinenbau .

Asset sales & divestitures, Metalworking Machinery, Metalworking Machinery Manufacturing

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BELGIUM: VAI TAKES OVER A.I. SYSTEMS

Article Abstract:

The Belgian company A.I. Systems, a supplier of optimisation software for production planning in the steel industry, has been acquired by Voest-Alpine Industrieanlagenbau .

Prepackaged software, Computer Software, Software Publishers, General services, Belgium, Primary Iron & Steel, Iron and Steel Mills and Ferroalloy Manufacturing, Blast Furnace and Basic Steel Products, Software, A. I. Systems

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