Voestalpine Secures Landmark Contract Amid Strategic Pivot

Voestalpine AT0000937503

As Voestalpine prepares to release its third-quarter figures in February, the Austrian steel and technology group has announced a record-breaking contract that underscores a strategic shift within its operations. Secured in mid-January, a major order for automated warehouse systems represents the largest in the company's history for that division, highlighting operational resilience in a challenging sector.

The company confirmed it has been commissioned by a Turkish logistics provider to construct a fully automated storage facility in Istanbul. With a contract value of approximately 41 million euros, this project marks a significant milestone for Voestalpine's High Bay Storage Systems unit.

Key specifications of the Istanbul facility include:
* A high-bay warehouse nearly 40 meters in height, 222 meters long, and 86 meters wide.
* An integrated automated small-parts storage system.
* A scheduled completion date of April 2027.

Voestalpine describes the planned installation as one of the largest and most capable logistics facilities in the greater Istanbul region, reinforcing its expansion in the automated warehousing solutions market.

Dual-Pronged International Growth Strategy

This Turkish order aligns with a broader internationalization push within the company's warehouse systems business. Notably, during the current 2024/25 financial year, Voestalpine has established a dedicated production site for storage systems in Kentucky, USA.

The company plans to expand this US facility with additional capacity within the present fiscal period. The strategic objective is twofold: to better serve rising demand in the North American market and to enhance production capabilities for regional projects. This move positions Voestalpine to capitalize on growth in both the burgeoning Turkish logistics sector and the expanding US market for automated storage solutions.

Corporate Scale and Sector Challenges

To contextualize the contract's size, Voestalpine's group-wide metrics for the 2024/25 financial year are substantial:
* Revenue: 15.7 billion euros
* EBITDA: 1.3 billion euros
* Global workforce: approximately 49,700 employees
* Operational footprint: roughly 500 group companies and locations across more than 50 countries

While the 41-million-euro Istanbul project is a key achievement for its segment, it represents a manageable portion of the corporation's overall business volume.

The broader environment for the European steel industry remains demanding. In its November 2025 half-year report, Voestalpine indicated it did not foresee a rapid improvement in economic conditions and pointed to ongoing restructuring efforts. The corporate strategy is visibly focused on shifting its portfolio toward higher-margin technology and systems solutions, such as automated warehousing.

Upcoming Q3 Report as a Key Indicator

Investor attention now turns to the upcoming quarterly results. According to the company's financial calendar, Voestalpine will present figures for its third quarter, which ended on December 31, 2025, on February 11.

This report will provide critical insight into how the difficult European market conditions and the international project pipeline, including new contracts, are impacting financial performance. Management commentary will be closely scrutinized for updates on demand trends, the progress of restructuring initiatives, and capacity utilization within the growing warehouse systems division.

@ boerse-global.de | AT0000937503 VOESTALPINE