News

US powder expert GTP is now part of Plansee Group [01/08/2008]

Breitenwang/Reutte, 1 August 2008 – Effective 1 August 2008, Plansee Group has acquired the business unit Global Tungsten & Powders (GTP) from Osram. The purchase agreement has already been signed on 22 April 2008. The purchase price has not been disclosed.

Plansee Group is expanding in Asia - PMG builds plant in China [11/07/2008]

Shanghai Fengpu Industrial Park, July 11, 2008 - the PMG Group invests 12 million euros in building a 5,000-square-meter plant in Shanghai. The new site has already received a number of orders from existing PMG customers from other continents.

Plansee Group continues to grow: Sales reach over one billion euros for first time ever [03/07/2008]

Reutte, Austria, July 3, 2008 - Plansee Group's consolidated sales rose by 11 percent to a total of 1.079 billion euros in the 2007/08 fiscal year. Its number of employees increased by 350 to 5,900. Record investment of 400 million euros over the last three years has supported the Group's stable growth path. A range of acquisitions and the establishment of new subsidiaries has strengthened the Group's global presence.

P/M World Congress in Washington: Awards for PMG [03/07/2008]

Washington/Füssen, 3 July 2008 – The Metal Powder Industries Federation (MPIF) has awarded two P/M parts of PMG Group. The awards ceremony took place at the P/M World Congress in Washington in the beginning of June.

Plansee Group acquires US powder expert GTP [23/04/2008]

Reutte/Austria, 23 April, 2008 – the Plansee Group has signed an agreement to purchase the Global Tungsten & Powders (GTP) business unit from Osram. The activities are part of the US company Osram Sylvania. The purchase price has not been disclosed, and the transaction remains subject to approval by the antitrust authorities. With the acquisition the Plansee Group will increase the company’s competitiveness and raw materials supply base for tungsten products, and expand its refractory metals activities in North America. GTP employs 1,050 people and will become a new division of the Plansee Group.

Environmental report published [15/04/2008]

The Plansee Group recently published the first-ever environmental report on activities at its largest production site in Reutte, Austria.

The fascination of light: the core for the new 25 Euro coin from Plansee [08/04/2008]

For the sixth time now, the Austrian Mint "Münze Österreich“ is issuing a bimetal 25 Euro coin in cooperation with Plansee.