Voestalpine Secures Landmark Contract in Turkish Logistics Market

The Austrian steel and technology group Voestalpine has captured the single largest order in its corporate history for its high-bay storage systems business. Valued at approximately €41 million, this major contract was awarded to the company's Metal Forming Division by a leading Turkish logistics provider specializing in sporting goods, underscoring Voestalpine's competitive strength in the global logistics sector.

Scheduled for completion in April 2027, the project involves constructing a state-of-the-art logistics center on the outskirts of Istanbul. The facility, designed to serve as a central distribution hub for sports equipment, will feature a high-bay warehouse alongside a fully automated small-parts storage system. Upon its launch, the complex—measuring 222 meters in length, 86 meters in width, and nearly 40 meters in height—is set to rank among the most extensive and operationally efficient storage solutions in the greater Istanbul region.

The division responsible for this project, Metal Forming, reported revenues of €3.1 billion and an EBITDA of €169.3 million for the 2024/25 financial year. Employing roughly 10,900 people, the division has committed to achieving climate-neutral production by 2035.

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Global Project Pipeline Demonstrates Momentum

This Turkish contract is part of a broader series of international projects for Voestalpine. Recent completions include two 45-meter high-bay warehouses for furniture retailer JYSK's distribution center in the Netherlands. Concurrently, construction is underway in the United Kingdom on a 30-meter high, fully automated pallet racking system for a major retail chain.

The group is also expanding its footprint in North America. A specialized production site in Kentucky commenced operations during the 2024/25 fiscal year and is slated for expansion in the current year to meet rising demand across the American market.

Financial Standing and Upcoming Milestones

Voestalpine shares are currently trading close to their 52-week high. The group's overall financial health appears robust, with consolidated revenue reaching €15.7 billion and EBITDA standing at €1.3 billion for the 2024/25 period. Investors will gain further insight into how this substantial order backlog influences operational performance when the company releases its next quarterly figures on February 11, 2026.