!!!Schoeller-Bleckmann

Schoeller-Bleckmann, traditional Lower Austrian-Styrian steel company. 
In 1862 the Vienna wholesaler A. von  Schoeller bought the 
Theresienhuette foundry in Ternitz; in the same year the industrialist 
J. H. A.  Bleckmann bought a hammer mill in Muerzzuschlag. 
In 1924 the two companies were merged to form the 
"Schoeller-Bleckmann Stahlwerke AG". The company´s 
business boomed in World War I and World War II; in 1946 
Schoeller-Bleckmann was nationalised ( Nationalisation). From 1975 to 
1987 the company formed part of the  Vereinigte Edelstahlwerke (VEW); 
during that time its capacity was drastically reduced. In 1990 
Schoeller-Bleckmann was incorporated in the  Austrian Industries AG 
and, after the group was dissolved, attached directly to the  
Oesterreichische Industrieholding AG (OeIAG). As part of their 
privatisation programme Schoeller-Bleckmann was divided into several 
operative units and sold in 1993-1995. The largest of these companies 
are S.-B. Edestahlrohr AG, headquarters in Ternitz, global group 
turnover ATS 1 billion in 1998, 430 employees, export share 
95%, since 1999 75% owned by the Spanish company Tubacex S. A. 
and S.-B. Oilfield Equipment AG, also headquartered at Ternitz, taken 
over by  Berndorf AG in 1995 and listed on the EASDAQ in Brussels. The 
firm manufactures products for directional drilling for petroleum and 
natural gas. In 1998 it employed 620 staff worldwide and achieved a 
group turnover of ATS 1.4 billion.

!Literature
H. Brenner, W. Nagele and A. Puehringer, Im Schatten des 
Phoenix. Hoehen und Tiefen eines dominierenden Industriebetriebs und 
deren Auswirkungen auf die Region, 1993.


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