Construction and Engineering
Company Overview of SMS Holding GmbH
SMS Holding GmbH, through its subsidiaries, provides plant and machinery construction services for metallurgical process chains in Germany and internationally. It offers a range of plant and mechanical engineering solutions comprising reduction metallurgy, secondary metallurgy, continuous casting, CSP, furnace, and electrics and automation technologies; and hot metal processing plants for the pre-treatment of pig iron from blast furnaces, as well as hot rolling mills, cold rolling mills, strip processing lines, aluminum plants, and steelmaking plants. The company also provides mini-mills, seamless tube plants, tube welding plants, section and semi-finished product rolling mills, wire/bar/lig...
Founded in 2004
Key Executives for SMS Holding GmbH
Chief Financial Officer, Treasurer and Controller
Member of Management Board and Chief Executive Officer of SMS Siemag
Head of Corporate Communications
Executive Manager of Controlling
Member of Management Board
Compensation as of Fiscal Year 2015.
SMS Holding GmbH Key Developments
Magnitogorsk Iron and Steel Works and SMS Group (Germany) Concludes Supply Contract
Jul 23 15
Magnitogorsk Iron and Steel Works and the SMS group (Germany) concluded a supply contract for equipment for a new continuous galvanizing line. The contract value is above EUR 25 million. The production capacity of the new plant is more than 360,000 tons per year. The first coil of galvanized steel is expected to be rolled in just two years. According to the contract, the German machinery and plant construction group will not only supply the required equipment, spare parts, and technical documentation to OJSC MMK, but will also render training and programming services, will supervise the erection, and prepare the plant for commissioning. The CGL will be arranged on site at Strip Rolling Plant #11, which accommodates the cold rolling complex of OJSC MMK (Cold Mill 2000). The plant is designed to output cold-rolled hot-dip galvanized products for the construction industry. With this plant, the MMK production capacity of galvanized rolled products will increase by over 20%. On top of this, an additional 70 working places for technological and maintenance personnel are planned.
SMS Group Announces Audited Consolidated Earnings Results for the Year 2014
May 13 15
SMS Group announced audited consolidated earnings results for the year 2014. For the year, the company reported turnover of EUR 11.5 million, earnings before interest, taxes, depreciation and amortization (EBITDA) of EUR 3.1 million and net profit of EUR 1.6 million. In 2014 the company has sold all owned shares in SMS MINICREDIT, S.L. as a result financial statement for year 2014 does not include data regarding mentioned subsidiary which, in turn, is included in financial statement for the year 2013. This is the reason why consolidated turnover has decreased by 21% and net credit portfolio by 4%. Nevertheless, earnings before interest, taxes, depreciation and amortization (EBITDA) have increased by 5% and net profit has increased by 122%. Net profit for year 2014 decreased by EUR 0.346 million or 18% comparing to the net profit that was indicated in the unaudited interim financial statements for year 2014. Net profit has decreased due to increase of impairment allowances for bad debtors in the audited consolidated financial statements.
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