February 26, 2003
Salzgitter Flachstahl GmbH and the South Korean company POSCO, one of the world’s largest steel producers, sign a technology cooperation framework agreement. The partners will work jointly on the development and processing of steels for automobile manufacturing.March 13, 2003
Salzgitter AG publishes the key figures for the financial year 2002: in spite of adverse economic conditions, the financial year closes with sales of € 4.7 billion and a total pre-tax profit of € 72.5 million. March 31, 2003
Salzgitter Magnesium-Technologie GmbH works at full stretch on the market launch of a new ultra-light building material. The recently founded subsidiary of Salzgitter AG focuses on the development, production and sale of high-grade magnesium flat rolled products and occupies a leading international position in this segment. April 1, 2003
Peter-Jürgen Schneider joins the Executive Board of Salzgitter AG as Personnel Director and is responsible for the Personnel Department and the Services Division since October 1, 2003. Prof. Dr. Günter Geisler, who performed these functions in addition to the vice chairmanship, retires from the Executive Board on September 30, 2003. April 3, 2003
The Supervisory Board of Salzgitter AG appoints Dipl.-Betriebswirt Wolfgang Eging as a member of the Executive Board of Salzgitter AG effective as of October 1, 2003. On January 1, 2004, he assumes responsibility for the Tubes Division and the chairmanship of the Executive Board of Mannesmannröhren-Werke AG. His predecessor, Dipl.-Kfm. Helmut F. Koch, steps down from these positions as of December 31, 2003, on completion of his 63rd year, but continues to hold seats on bodies of the Group and industry federations. April 7–12, 2003
The Hanover Trade Exhibition Industry offers Salzgitter AG an excellent communication platform for dialoging with customers, suppliers and media representatives. April 8, 2003
Effective commercially as of July 1, 2003, HSP Hoesch Spundwand und Profil GmbH, Dortmund, and ThyssenKrupp GfT Gesellschaft für Technik mbH, Essen, consolidate the sale and installation of sheet piling within ThyssenKrupp GfT Bautechnik GmbH, Essen, in which HSP holds a 30% share. April 15–17, 2003
The Group’s Annual Report 2002 is published and presented to the financial press at the annual press conference. The company fosters dialog with the financial community at the well-attended analysts’ conferences in Frankfurt and London. May 15, 2003
The Salzgitter Group announces that the first quarter of 2003 closed with a pre-tax profit of € 6.2 million in spite of the unsatisfactory overall economic situation. May 27, 2003
Thanks to the commitment of Salzgitter AG, a chair in structural maintenance and supporting structures is established at the Technical University of Braunschweig as of June 1, 2003. May 28, 2003
The General Meeting of Shareholders of Salzgitter AG re-elects the company’s Supervisory Board in rotation on May 28, 2003. At its meeting on the same day, the Supervisory Board elects Dr. Wilfried Lochte for a further five-year term as Chairman of that body. July 9, 2003
At the “Capital Investor Relations Awards”, Salzgitter AG took third place among the 50 MDAX companies. August 14, 2003
The Salzgitter Group gives notification that its earnings position in the second quarter of 2003 was stabilized with a pre-tax profit of € 10.4 million – in spite of the poor general economic situation. November 14, 2003
It is announced that in the third quarter of 2003, the Salzgitter Group again increased its pre-tax earnings – to € 16.3 million – compared with the previous quarters. December 3, 2003
Europipe GmbH receives an order to supply the major share of tubes for the longest under waterpipeline in the world, which connects the “Ormen Lange” gas field off central Norway with the east coast of England. December 18, 2003
Mannesmannröhren-Werke AG acquires the 33 1/3% shareholding in DMV Stainless B.V., Helmond, from the Vallourec subsidiary Valtubes S.A. and now holds 100% of the company.
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