Search Home Group Employee Participation voestalpine Employee Participation Since the year 2000, employees have been participating in the capital of voestalpine AG through the ownership of own shares: 24,400 employees hold 26 million shares (together with former employees) with 14.5% of the voting rights, they are the second largest shareholder of voestalpine AG only model in Europe that combines international pooling of voting rights with individual share ownership Since the year 2000, the management and the works council of the voestalpine Group have been engaged in the joint development of an innovative concept that surprised many at the time. The idea was to let the employees participate in the company through shares owned by them, to turn them into a stable core shareholder by pooling their voting rights, and to allow them to benefit from the success of voestalpine as individual shareholders. At present, the voestalpine Employee Participation extends to the approximately 22,300 employees from all 52 companies of the voestalpine group in Austria and to approximately 1,900 employees from 84 companies in other countries. On their behalf, approximately 23.6 million individual share certificates in total – corresponding to 13.4% of the voting rights – are pooled and managed by a private foundation. The foundation also holds 1.9 million private shares (1.1 %) of employees. Representing 14.5 % of the voting rights of voestalpine AG in total, the voestalpine Mitarbeiterbeteiligung Privatstiftung is therefore the largest Employee Participation in Austria, both in terms of voting rights percentage and share value. For further information about the basic principles of Employee Participation in Austria and internationally, please visit the following webpage: Basic principles of Employee Participation in Austria and internationally Employee Participation counts on the support of management and works council The management and the works council developed the model jointly, and both are still fully in support of the Employee Participation plan. It is regarded as an example of “social partnership” in action – the internal cooperation between employer and employee for which voestalpine is well known. “At voestalpine, it is the people who make all the difference. They are at the heart of our success. Hence our conviction that our employees should share in this success”, says Dr Wolfgang Eder, Chairman of the Executive Board of voestalpine AG, about the motivation behind the model. „Having been able to successfully develop such a unique plan in spite of the sometimes diverging interests truly is special.“ Hans-Karl Schaller, Chairman of the Corporate Works Council 15 years voestalpine Employee Participation Max Stelzer Executive Board Member voestalpine Mitarbeiter-beteiligung Privatstiftung T: T: +43/50304/15-6300 Send e-mail Publikation zum 10-jährigen Jubiläum der voestalpine Mitarbeiterbeteiligung PDF | 5.24 MB The basic principles of Employee Participation About voestalpine In its business segments, voestalpine is a globally leading technology and capital goods group with a unique combination of material and processing expertise. With its top-quality products and system solutions using steel and other metals, it is a leading partner to the automotive and consumer goods industries in Europe and to the aerospace, oil and gas industries worldwide. The voestalpine Group is also the world market leader in turnout technology, special rails, tool steel, and special sections. Links Locations Products Corporate Blog Data protection/privacy voestalpine Share - Last Price: € ( € %) MEZ Wiener Börse IR news / Ad-Hoc news © 2017 voestalpine AG voestalpine-Straße 1, 4020 Linz, Austria T: +43/50304/15-0 info@voestalpine.com Imprint