3/11/2021 Andritz AG - Wikipedia

Andritz AG

Andritz AG is an Austrian plant engineering group with headquarters in . The group gets its name from the district of Andritz AG Andritz in which it is located and is listed on the Vienna Stock Exchange.

Andritz employs more than 30,000 employees at over 250 Aktiengesellschaft production and service facilities. In 2017, the company reported a Type revenue of €5.88 billion, a gross profit of €3.27 billion and a net Traded as WBAG: ANDR (https:// profit of €297 million.[2] www.wienerborse.at/e n/search/?q=ANDR) ISIN AT0000730007 Contents Industry Industrial processing Founded 1852 Business areas Headquarters Graz, Andritz Metals Key people Wolfgang Leitner History (CEO), Hellwig Torggler Highlights in ANDRITZ Hydro’s history (Chairman of the 2000 - supervisory board) References Products Turnkey equipment for External links hydropower plants, the production of pulp and paper and feed and Business areas biofuels; plants for steel production; industrial separation Andritz consists of 5 business areas: technologies Andritz Hydro Revenue €5.889 billion (2017)[1] Andritz Pulp and Paper Operating €188.4 million (2017) Andritz Metals income Andritz Separation Net income €265.6 million (2017) Andritz Feed & Biofuel Total assets €6,265 billion (2017) Total equity €1325.4 million (2017) Andritz Metals Number of 30,000 employees The business area Andritz Metals (former "Rolling Mills and Strip Divisions Pulp and Paper, Hydro Processing") is the third largest business unit. Andritz Metals Power, Metals, designs, develops and erects complete lines for the production Separation, Feed and and further processing of cold-rolled carbon steel, stainless steel Biofuel and non-ferrous metal strips, including furnaces, presses and www.andritz.com (htt acid regeneration equipment. Website p://www.andritz.com)

https://en.wikipedia.org/wiki/Andritz_AG 1/4 3/11/2021 Andritz AG - Wikipedia History

Highlights in ANDRITZ Hydro’s history

1805 Foundation of Escher Wyss & Cie,

1839 First turbine supplied by Escher Wyss

1878 Invention of first Pelton waterwheel by Pelton

1896 Commissioning of the first large commercial hydropower plant - Niagara Falls, USA

1903 First water turbine of I.P. Morris

1929 Installation of first pumped storage power station in Germany - PSW Niederwartha, Germany

1935 First bulb turbine by Escher Wyss

1991 Installation of world largest manifold - Tarbela, Pakistan

1997 Installation of 840 MVA hydro generator - Three Gorges, China

1998 World record for Pelton - Bieudron, Switzerland

2002 Installation of first Varspeed motor-generator outside Japan - Goldisthal, Germany

2010 Installation of 770 MW Francis turbine - Guri II, Venezuela

2011 Installation of world largest tidal power plant - Sihwa, Korea

2011 Successful commercial operation of the first 1MW tidal current turbine HS1000 in EMEC, UK

2013 Installation of world largest Hydromatrix units – Ashta,

2000 -

In March 2000, the company acquired a 50 percent stake in '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. 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 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.[3][4]

https://en.wikipedia.org/wiki/Andritz_AG 2/4 3/11/2021 Andritz AG - Wikipedia 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 AFI, Canada 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[5] KMW, Sweden Lorenzo Avila, Brazil Pedro Molinari, Brazil Nohab, Sweden Pelton Waterwheel, USA Sulzer Hydro, USA 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 https://en.wikipedia.org/wiki/Andritz_AG 3/4 3/11/2021 Andritz AG - Wikipedia Waplans, Sweden

References

1. "Annual Report 2012 - Andritz Group" (https://www.andritz.com/resource/blob/257696/fe7dcf1ba086 73718dd74eceb9ed1c36/andritz-annual-report-2017-high-data.pdf) (PDF). Andritz Group. Retrieved 12 June 2018. 2. "Key financial figures" (https://www.andritz.com/group-en/investors/share/gr-key-financial-figures). Andritz Group. Retrieved 12 June 2018. 3. "Andritz AG Acquires VA TECH Hydro" (https://web.archive.org/web/20180612140842/http://www.aq uamedia.at/detail/article/andritz-ag-acquires-va-tech-hydro/). Aquamedia. 30 August 2006. Archived from the original (http://www.aquamedia.at/detail/article/andritz-ag-acquires-va-tech-hydro/) on 12 June 2018. Retrieved 12 June 2018. 4. "Andritz VA Tech Hydro GmbH - Private Company Information" (https://www.bloomberg.com/researc h/stocks/private/snapshot.asp?privcapId=5898742). Business Week. Retrieved 12 June 2018. 5. EANS-Adhoc: Andritz erwirbt KMPT AG, Deutschland (http://www.finanznachrichten.de/nachrichten- 2010-03/16265857-eans-adhoc-andritz-erwirbt-kmpt-ag-deutschland-016.htm) Retrieved 12 June 2018.

External links

Official website (http://www.andritz.com/) Vienna Stock Exchange: Market Data Andritz AG (https://www.wienerborse.at/en/market-data/shares -others/quote/?ISIN=AT0000730007&market=wbag&typo3=0&news=0&products=1&ID_NOTATION= 740752)

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