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A Group Management Report and Management Report on Salzgitter AG I. Business and the Environment 32 33
The specific competences are combined under the relevant divisions (Steel, Trading, Tubes, Services
and Technology).
The Steel Division ranks amount Europe’s five largest steel producers, and the Tubes Division is global
market leader in some of its sub-segments in the sector.
The new Technology Division comprises the companies of the Klöckner Group, the most important of
which are in the league of global leaders and preferred suppliers of machinery and plant solutions for
the food industry.
Salzgitter AG is listed on the MDAX and, on the basis of its ranking, is one of the 35 largest listed
German stock corporations.
All important companies of the Salzgitter Group are grouped under the interim holding company
Salzgitter Mannesmann GmbH (SMG). This structure has enabled existing tax carryforwards to be
used and an unhampered central financial management for the Group to be implemented.
As the holding company, Salzgitter AG manages SMG and all associated companies. This process is
facilitated by the members of the Executive Board of Salzgitter AG also being the managing directors
of SMG. The Group is managed and supervised, as before, by the executive bodies of Salzgitter AG
(Executive Board, Supervisory Board).
As the management holding company, Salzgitter AG coordinates the five divisions Steel, Tubes,
Trading, Services and Technology. The chart on the next page shows the structure of the Group.
Business and
the Environment