Construction and Engineering
Company Overview of SMS group GmbH
SMS group GmbH, through its subsidiaries, provides plant construction and mechanical engineering services to the steel and nonferrous metals industry. It offers plants and machinery solutions for casting, cold rolling, forging/pressing processes, hot rolling, metallurgy, mini mills, primary products, processing, and tube and pipe making. The company also provides electrical and automation systems products and solutions, which include process guidance systems, plant condition advisor systems, product quality assessment solutions, low-voltage frequency converters, production planning systems, upgrade package solutions, energy advisor systems, and virtualization solutions for nonferrous plants,...
Founded in 1871
Key Executives for SMS group GmbH
Chairman of the Managing Board and Chief Executive Officer
Deputy Chairman of the Managing Board and Chief Financial Officer
Member of Management Board
Member of the Managing Board
Member of the Managing Board
Compensation as of Fiscal Year 2016.
SMS group GmbH Key Developments
SMS group GmbH Presents at 15th International Stainless and Special Steel Summit, Sep-07-2016 04:50 PM
Jun 17 16
SMS group GmbH Presents at 15th International Stainless and Special Steel Summit, Sep-07-2016 04:50 PM. Venue: Hotel Intercontinental Lisbon, Lisbon, Portugal. Speakers: Thomas Germershausen, Executive Vice President, Metallurgical Plants and Environmental Technology Division.
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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