Andritz AG

XMUN:AZ2

Business Description

Sector

Industrials

Industry

Machinery

Headquarters

Austria AT

Employees

30 487

IPO date

Jun 25, 2001

Andritz AG builds industrial machinery and complete plant systems for heavy industry. Its biggest businesses include equipment for hydropower plants, machines used in pulp and paper mills, and systems for metals processing and separation. It also supplies parts, upgrades, and maintenance services for the equipment it sells.

Its customers are mainly industrial companies and public or private operators that need large, engineered systems rather than standard off-the-shelf products. Andritz earns money by designing and selling equipment, installing plants, and supporting them over time with spare parts, service work, and modernization projects. That mix gives it both project-based sales and recurring aftermarket revenue.

What makes Andritz different is that it sits near the top of the industrial value chain: it is not a mass producer of generic machinery, but a specialist that combines engineering, manufacturing, and lifecycle service for complex assets. Many of its products are tied to essential infrastructure and process industries, so customers rely on it for long-term performance, efficiency, and technical support.