Since 2013, we have been actively shaping the future of our Group with the 360° Concept that we implement with measures geared to enhancing efficiency, as well as specific development, innovation, motivation and qualification projects.
Following the successful completion of the “Salzgitter AG 2015” restructuring program achieving € 260 million in cost savings, which is around one third more than the original target, the “Salzgitter AG 2021” strategy was approved in the autumn of 2016. Under this strategy, we focus on the topics of growth and innovation. With affordable investments and R&D expenditure, an additional profit contribution from organic growth of more than € 200 million a year is to be generated by 2021.
The aim is to develop the Group’s de facto sales and value added portfolio in the direction of achieving a balance between steel-related activities and areas less related to steel (from currently 60% / 40% to 50% / 50%).
This will be based on the following assumptions:
After a phase in which the main focus of corporate action was necessarily centered on restructuring and cost-cutting, we are now placing the emphasis on growth and innovation!
Motivation & Qualification
Independence at the core
Opening up new opportunities
DEVELOPMENT OF THE BUSINESS UNITS
Developing potentials: growth programs