!!!Austria Metall AG, AMAG

Austria Metall AG, AMAG, Austria's largest  aluminium producer, 
located at Ranshofen, Upper Austria. Its electrolytic plant, built in 
1938 and nationalised in 1946 ( Nationalised Industry) was closed down 
in 1992. In 1996 the company was privatised through a management 
buyout by K. Hammerer in cooperation with  Constantia-Iso Holding AG. 
AMAG now operates a rolling mill and pressing plant as well as a 
primary and a secondary aluminium foundry; an aluminium tube pressing 
plant at Unna, Germany, also forms part of the enterprise. In 1997/98 
AMAG, with a staff of 1661, recorded group sales in the order of ATS 8 
billion.


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