Andritz AG · Graz Austria ·(Vienna: ANDR)
Company Description
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Everything's better when it sits on Andritz -- machinery. Andritz is a provider of production equipment focusing on five business areas: pulp and paper, rolling mills and strip processing lines, environment and process technologies, feed and biofuel, and hydro power. The company goes crackers for water turbines and pumps, primarily for the pulp and paper industry. The company's pulp and paper segment is by far its largest segment, bringing in nearly half of the company's sales and profits. CEO Wolfgang Leitner is also the managing director for Certus, an investment firm that owns 26% of Andritz. The company dates back to 1852, when it was established as an industrial foundry and machine works. To read the full description, subscribe now.
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Key Andritz AG Financials
| Company Type | Public - Vienna: ANDR Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $5,167.0 |
| Employees | 13,707 |
Andritz AG Executives
14 executives listed for Andritz AG's Graz, location.
| Title | Name & Bio | Contact |
| Chairman, Supervisory Board | Kurt Stiassny | Network |
| Deputy Chairman, Supervisory Board | Hellwig Torggler | Network |
| President and CEO | Wolfgang Leitner | Network |
Competition
Competitive Landscape for Andritz AG
Demand for machinery depends on overall industrial activity and on the health of sectors such as agriculture, construction, and power generation. The profitability of individual companies depends on engineering expertise and efficient production. Large companies have economies of scale in purchasing. Small companies can compete effectively by specializing. The industry is capital-intensive: average annual revenue per worker is about $320,000. To read the full description, subscribe now.Top Andritz AG Competitors
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