A-TEC INDUSTRIES AG, Kurbadstraße 8, 1100 Vienna (Austria) Language: Deutsch / English / Russkij

Profile

With a worldwide workforce of about 5,800 employees at the end of January 2011 A-TEC Industries AG is one of the leading industrial groups based in Austria. Among its thriving businesses are some of the world’s major players in drive technology and machine tools, as well as a highly specialised producer of copper, A-TEC Industries operates three divisions under a holding company:

  • Drive Technologies
  • Mechanical Engineering
  • Minerals & Metal Industry

The divisions are represented by strong international brands such as ATB Austria Antriebstechnik, EMCO Group and Montanwerke Brixlegg. Credit for the A-TEC Industries success story is due not just to strong growth and an aggressive expansion strategy, but also to a corporate philosophy that combines a clear vision of the future with integrity and a sense of responsibility.

The rapid expansion that is the trademark of A-TEC Industries is fuelled by robust organic growth and selective acquisitions in all its markets. In the past few years A-TEC Industries has developed into a diversified multinational group with a global network that holds leading positions in many of the markets it serves. This is due in no small measure to the expertise and strong industrial contacts of a highly experienced management team shaped by the founders and majority owners. Thanks to these strengths the management can be relied on to spot growth opportunities and potential synergies, boost group companies’ efficiency and cut costs.

A-TEC Industries AG is listed in the standard market continous segment of the Vienna Stock Exchange since 22 October 2010.

Some 73.4% of the shares are held by two stable core shareholders in the shape of the foundations owned by the two A-TEC Industries Management Board members. About 55.2% of the share capital is owned by CEO Mirko Kovats’ private foundation, M.U.S.T and a further 6.9% by board member Christian Schmidt’s J.E. Loidold foundation. End of December 2010 Capital und Industrie Investment AG, a wholly owned subsidiary of the M.U.S.T. private foundation, held a 11.3% interest in the Company, and 26.6% of the shares were in free float.