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German steel giant bets €80M on upgrades despite economic headwinds

A family-run steel empire defies downturns with bold investments. Can cutting-edge tech and €80M in upgrades outpace Europe’s economic uncertainty?

In the picture there is a wheel of a train present.
In the picture there is a wheel of a train present.

Georgsmarienhütte invests 25 million euros in rolling mill - German steel giant bets €80M on upgrades despite economic headwinds

The Georgsmarienhütte Group, a family-run steel producer, has announced plans to invest €80 million in 2025. This latest move follows a series of major upgrades at its headquarters near Osnabrück, despite ongoing economic challenges. The company, which employs over 6,000 people, remains focused on modernising its operations to stay competitive.

The group has already poured €100 million into its Georgsmarienhütte site over the past four years. This year alone, it spent €80 million, including €25 million on a cutting-edge rolling mill. The upgrade makes the steelworks one of Europe’s most advanced, improving flexibility and efficiency.

The €80 million investment for 2025 builds on years of heavy spending to modernise production. If successful, the upgrades will help the company navigate economic uncertainty and keep its 15-plus sites running efficiently. The focus now shifts to ensuring these investments pay off in a still-challenging industrial landscape.

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