Company
Pierer Industrie AG is the holding company of a European automotive group that is fully owned by Pierer Konzerngesellschaft mbH. Its focus is on high-tech automotive components in the following significant shareholding:
The Pankl AG Group is active in the automotive high-tech component sector. The Group develops, produces, maintains and distributes mechanical systems in the high-tech sector for dynamic components in the global niche markets of the racing, luxury car and aerospace industries. In addition, as an automotive supplier, the Pankl AG Group also offers effective solutions in the field of pumps and engine components as well as lightweight composite brake discs. As a leading automotive supplier, with its products the Pankl AG Group makes a significant contribution reducing fuel consumption and CO2 emissions in the automotive sector.
Furthermore, Pierer Industrie AG also holds shares in abatec GmbH. Abatec is one of the leading development and manufacturing companies for electronic assemblies in Austria.
Key Figures
887
m€ Revenues
Pierer Industrie-Group was able to achieve revenues of around EUR 887 million in 2024.
-59
m€ EBIT
The EBIT amounted to EUR -59 million.
4,509
Employees
As at 12/31/2024 Pierer Industrie-Group employed 4,509 employees, more than half of whom were based in Austria.
61
m€ EBITDA
The EBITDA reached around EUR 61 million.
289
m€ Invests
In 2024 around EUR 289 million were invested in the further growth.
1,335
m€ Total Assets
The balance sheet total was around EUR 1,335 million in 2024.
Newsroom
Stefan Pierer: Sale of Leoni majority stake (50.1%) to Luxshare completed – important step in strengthening the Pierer Industrie Group
Stefan Pierer: Sale of Leoni majority stake (50.1%) to Luxshare completed – important step in strengthening the Pierer Industrie Group Luxshare-ICT acquires majority stake (50.1%) in Leoni All necessary approvals granted by the authorities Operational turnaround of...
Pierer Industrie AG successfully concludes restructuring proceedings in accordance with the Restructuring Ordinance (ReO)
On November 25, 2024, Pierer Industrie AG initiated European restructuring proceedings in accordance with the Restructuring Ordinance (ReO). The only affected creditors are those under a bond admitted to official trading on the Vienna Stock Exchange with a total...
Pierer Industrie AG strengthens its Executive Board
Corporate News Wels, January 2, 2025 Gottfried Neumeister and Stephan Zöchling join the Executive Board of Pierer Industrie AG Stephan Zöchling is to join the Supervisory Board of PIERER Mobility AG Friedrich Roithner changes to Pierer Konzerngesellschaft mbH ...
Pierer Industrie AG submits restructuring plan in accordance with the Restructuring Ordinance (ReO)
Ad hoc notification pursuant to Article 17 of Regulation (EU) No 596/2014 (MAR) Wels, 27 December 2024 Full repayment of bonds and promissory note loans Payment of interest as agreed Change of the repayment dates to 31 December 2026 and 31 December 2027 Pierer...