Bekaert is a world market and technology leader in steel wire transformation and coating technologies. To be the preferred supplier of steel wire products and solutions, we consistently deliver superior value to our customers worldwide. Bekaert (Euronext Brussels: BEKB) was established in 1880 and is a global company with almost 30 000 employees worldwide. You might know us for example as a supplier of steel cord products for tire reinforcement - one in every four tires in the world runs on Bekaert steel cord. Or maybe you know our Dramix steel fibers, used to reinforce over five million cubic meters of concrete every year. But we also offer significant added value for various businesses in all kinds of markets, from automotive to construction and from utilities to the heavy equipment sector.
Bekaert is a world market and technology leader in steel wire transformation and coating technologies. We pursue to be the preferred supplier for our steel wire products and solutions by continuously delivering superior value to our customers worldwide. Bekaert (Euronext Brussels: BEKB) is a global company with almost 30 000 employees worldwide, headquarters in Belgium and € 4.4 billion in annual revenue. You might know us for example as a supplier of steel cord products for tire reinforcement - 30% of all tires in the world are reinforced with Bekaert products. Or maybe you know our Dramix steel fibers, used to reinforce over five million cubic meters of concrete every year. But we also offer a very wide range of advanced steel wire products for other applications and to many sectors. You can find Bekaert products in cars and trucks, in elevators and mines, in tunnels and bridges, at home and in the office, in machines and offshore. If it drives, ascends, hoists, filters, reinforce
Our baseline better together sums up the unique form that cooperation between Bekaert and its business partners takes. We want to know you and we want to help you grow your business. We are ready to meet your needs in the short and long term.
What we do
Transforming steel wire and applying advanced coating know-how. That is what we are good at.
Improving both the bulk and surface properties of steel wire products since 135 years. That is what we do better, every day.
Offering innovative solutions that add value to our customers and help them grow their business. That is what makes us better together.
We purchase approximately 3 million tons of wire rod per year as our basic material. Depending on our customers’ needs, we draw wire from it in different diameters and strengths, even as thin as ultrafine fibers of one micron. We group the wires into cords, ropes and strands, weave or knit them into fabric, or process them into an end product. Depending on the application, we apply coatings which reduce friction, improve corrosion resistance, or enhance adhesion with other materials.
We are present wherever you are. Backed by Bekaert’s global presence and technological support, customers can benefit from our commitment to local service. You can rely on a worldwide manufacturing footprint and sales network that is responsive to specific market needs. This way, you get the most from our global reach: our expertise, our flexibility, our proximity.
Our strategy is aimed at consistently driving value creation for our shareholders by cost effectively creating superior value for customers.
Our vision and core strategies form the foundation of a transformation of our business towards higher level performance. They have been the basis of the company’s priorities and actions in 2015 and will continue to drive our focus in the coming years.
Consistent with our better together aspiration, we relentlessly pursue to be the preferred supplier for our steel wire products and solutions, by continuously delivering superior value to our customers around the world.
With this Vision statement, Bekaert has explicitly determined its ‘field of play’: it describes what we want to be, where we want to compete and invest in, and how we want to differentiate ourselves.
Five core strategies form the basis of Bekaert’s priorities and decision making process towards driving value and growth. These strategies put the company’s vision into practice and reflect the direction and priorities:
- bring the customer into the heart of our business;
- drive growth by providing superior customer value;
- accelerate Bekaert’s technology leadership and speed-to-market in target products and processes;
- leverage our scale to greater effect, and reduce our complexity to facilitate this;
- deliver the value proposition we want to offer the customer, at the lowest total cost.
To us, sustainability is about economic success, the safety and development of employees, environmental stewardship, and social progress. This way, Bekaert translates sustainability into a benefit for all our stakeholders.
Bekaert’s global Corporate Social Responsibility (CSR) strategy is centered on four main pillars: our responsibility in the workplace, in the marketplace, towards the environment and towards society. Our CSR efforts and activities are therefore focused in such a way that balanced consideration is given to the interests of all respective stakeholders, including employees, customers, shareholders, partners, local governments and the communities in which we are active.
Three values underlie our entire approach: resilience, trust and integrity
- Resilience is the ability to come back stronger after a setback and to seize opportunities with a positive drive.
- Trust relates to confidence in own and others' strengths and the mutual respect between colleagues or partners.
- Integrity is a condition for building and earning trust. Honesty and fairness characterize the real professional. The colleague or partner we want to work with.