Products and Solutions, Company News Oct 19, 2017 9:00 AM

Market leader in Hungary: thyssenkrupp Ferroglobus celebrates 20 years of group membership

For almost 100 years now, thyssenkrupp Ferroglobus, a company of the Business Area Materials Ser-vices, has ranked among the leaders in the Hungarian market. For 20 years, this company with a longstanding tradition has belonged to the thyssenkrupp Group and from the very start grown into one of the most successful materials traders in Eastern Europe.

In the course of the anniversary celebrations, General Manager Zoltán Petró announced that the portfolio, shop capacity and the lineup of services would all be enlarged. "Over the past years we have continuously expanded our facilities, a policy we systematically pursue in the interest of our customers," explains Petró, who during his 40 years with the company has played a lead role in its success.

The significance of Hungary in the Eastern European business of thyssenkrupp Materials Services is emphasized by the latter's CEO Joachim Limberg. "Over the past 20 years, we have steadily grown in Eastern Europe and there's a great deal we've achieved together. For our customers, rapid availability, the extensive portfolio and optimum quality are the decisive factors in gaining a competitive edge. thyssenkrupp Ferroglobus is an important and essential part of our success story."

Materials Services in Eastern Europe:

In Eastern Europe, Materials Services is one of the leading materials trading and processing specialists. With companies in Poland, the Czech Republic, Hungary, Slovakia, Romania, Serbia, Bulgaria and Turkey, plus sales offices in Croatia and Lithuania, thyssenkrupp operates an almost unique materials trading network within the region.

In addition to rolled steel, stainless steel, nonferrous metals, plastics, tubes and pipes, the line-up in-cludes custom services such as slitting, cross-cutting, laser and plasma cutting plus sophisticated surface treatments for all the products. Rounding off the range are just-in-time shipments, customer advice and individual supply chain services. Altogether almost 2,000 employees at 46 locations make sure that customer needs and requirements are fulfilled.

About thyssenkrupp Materials Services:

With around 480 locations in over 40 countries, the Materials Services business area specializes in materials distribution, logistics and services, the provision of technical services as well as services for industrial plants and steel mills. In addition to rolled steel, stainless steel, tubes and pipes, nonferrous metals, specialty materials and plastics, Materials Services also offers services from processing and logistics to warehouse and inventory management through to supply chain and project management.

About thyssenkrupp:

thyssenkrupp is a diversified industrial group with traditional strengths in materials and a growing share of capital goods and service businesses. Over 156,000 employees in nearly 80 countries work with passion and technological know-how to develop high-quality products and intelligent industrial processes and services for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2015/2016 thyssenkrupp generated sales of around Euro39 billion.

Together with our customers we develop competitive solutions for current and future challenges in their respective industries. With our engineering expertise we enable our customers to gain an edge in the global market and manufacture innovative products in a cost- and resource-friendly way. Our technologies and innovations are the key to meeting diverse customer and market requirements around the world, growing on the markets of the future, and generating strong and stable earnings, cash flows and value growth.

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