ANDRITZ is an international technology group providing plants, systems, equipment, and services for various industries. The company is one of the technology and global market leaders in the hydropower business, the pulp and paper industry, the metal working and steel industries, and in solid/liquid separation in the municipal and industrial segments. The listed Group is headquartered in Graz, Austria. With almost 170 years of experience, approximately 27,800 employees, and more than 280 locations in over 40 countries worldwide, ANDRITZ is a reliable and competent partner and helps its customers to achieve their corporate and sustainability goals. ANDRITZ stands for passion, partnership, perspectives and versatility – core values to which the company is committed.
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- Business Type:
- Industry Type:
- Water and Wastewater
- Market Focus:
- Globally (various continents)
- Year Founded:
- Over 1000
- more than 1,000,000,000 €
Process technologies, equipment, plants, and systems
ANDRITZ provides a comprehensive product portfolio for special industries all over the world. With its technologies and service solutions, ANDRITZ is the world leader in all major business areas. Customized solutions are the key to success.
The company is also active in power generation (steam boiler plants, biomass power plants, recovery boilers, and gasification plants) and environmental technology (flue gas and exhaust gas cleaning plants) and offers equipment for the production of nonwovens, dissolving pulp, and panelboard, as well as recycling plants.
Other important fields of business are animal feed and biomass pelleting, as well as automation, where ANDRITZ offers a wide range of innovative products and services in the IIoT (Industrial Internet of Things) sector under the brand name of Metris.
ANDRITZ’s long-term goal is to achieve annual sales growth averaging five to eight percent and to increase profitability (EBITA margin) sustainably to eight percent.
ANDRITZ conducts systematic research and development work worldwide in order to be able to offer its customers the most modern and most efficient technologies at all times. In fact, around three percent of sales are invested annually in innovation and in research and development, including order-related work. In addition to the company’s own research centers and pilot plants, ANDRITZ also operates an active ideas and innovation management system in order to promote the ideas of its employees. By offering smart technologies that create added value, ANDRITZ not only supports its customers in achieving their business goals as best possible, but also opens up new sales and growth opportunities for its business areas.
The acquisition of companies with complementary products or technologies is also one of the main cornerstones of the ANDRITZ business and growth strategies. By integrating these companies into the Group, ANDRITZ not only creates important synergies, but also paves the way for the new companies to achieve organic growth. The Group’s overall goal is to become a full-service provider with global presence in all business areas by developing its own products and acquiring other companies.
At the same time as achieving sales growth, the company seeks to increase profitability in the long term and obtain an EBITA margin averaging eight percent in the coming years. Continuous optimization of cost and organizational structures as well as further expansion of stable service business are among the measures implemented to achieve this margin.Technological and cost leadership
The ANDRITZ GROUP numbers among the leading global suppliers in all of its business areas. In order to consolidate and further extend this position, it is essential for ANDRITZ to always offer the very latest technologies that help customers to achieve their goals in terms of productivity, quality, resource and energy efficiency, and sustainability. Hence, the company’s goal is to be the preferred technology supplier while still maintaining a competitive cost structure. The main cornerstones here are continuous cost optimizations and a manufacturing and location concept aligned to future market opportunities that takes account of regional cost and competitive advantages.Extension of market position and global presence
ANDRITZ focuses on markets with long-term and sustained growth potential. Within these markets, the Group concentrates on rapidly growing segments that are experiencing overproportional growth compared to the gross national product and whose growth is enhanced by long-term, socio-economic trends or megatrends, such as urbanization, digitalization or electromobility.
With a balanced mix of global and local presence, ANDRITZ can support its customers in achieving their goals in terms of productivity, profitability, and sustainability. It is thus one of the ANDRITZ GROUP’s main objectives to continue extending its worldwide presence in order to utilize growth potential on the one hand, particularly in the emerging economies of South America and Asia, and on the other hand to be close to its customers in order to offer the best possible service. By further relocating manufacturing capacities to emerging markets, ANDRITZ can profit from growth in these regions, but also be a strong impetus for economic growth and employment there at the same time.
The Executive Board of ANDRITZ manages the company. It holds board meetings at regular intervals on essential, Group-relevant topics and individual business areas.
The Executive Board and Supervisory Board, particularly their chairmen, maintain ongoing contact to discuss the company’s development and strategy beyond the scope of the discussions at the Supervisory Board meetings.
The Supervisory Board of ANDRITZ consists of six delegates who are elected at the ordinary shareholders meeting (shareholders' delegates) and three employees’ delegates.
ANDRITZ has adopted the rules of conduct laid down in the Austrian Code of Corporate Governance without restriction and regards the Code as an essential requirement for implementation of responsible company management, which is directed towards creating sustainable and long-term added value and a high degree of transparency for shareholders and other stakeholders. The Executive Board and the Supervisory Board, as well as the entire staff of the ANDRITZ GROUP, are committed to complying with the Code.
Integrity beyond a doubt at all times
For many years, the top management of the ANDRITZ GROUP has made it crystal clear to all directors, managers and employees that business must be conducted in an ethical manner and in compliance with laws and internal rules.
We also consider it a key part of our social responsibility to incorporate sustainability goals into our products and the way we operate our businesses. In other words: our business culture requires that our integrity be maintained beyond a doubt at all times.
Our compliance policies focus in particular on the following topics:
- Anti-bribery/ anticorruption
- Fraud prevention/ conflicts of interest prevention
- Compliance with antitrust laws and guidelines
- Prevention of insider trading
- Data protection
- Export controls
- Supplier compliance
For our Group Compliance Program to succeed, it is important that members of our supply chain adhere to the same values, principles and rules as we do. Many of our customers value the fact that ANDRITZ is making tremendous efforts to ensure that our suppliers comply with our standards of integrity. Suppliers who support the same compliance values and rules will be preferred business partners of our global organization.
This is why we have established a Supplier Code of Conduct that summarizes our suppliers’ commitment to our Group Compliance Program. Any business partner who wishes to be a supplier to the ANDRITZ GROUP is requested to adhere to the Supplier Code of Conduct. Suppliers must also pass an onboarding procedure during which they have to answer a questionnaire and may be subject to compliance audits. Eventually we may also invite our suppliers’ employees working for ANDRITZ to pass an online training course designed especially for them.
For more information about Supplier Compliance, click here.
Should you have any questions concerning our Group Compliance Program or require support in compliance matters related to the ANDRITZ GROUP, please contact the ANDRITZ Group Compliance department.