Gruppo Lucchini

Last updated
Gruppo Lucchini
Company type Subsidiary
IndustrySteel
Founded1946
FounderLuigi Lucchini
Headquarters Brescia, Italy
ProductsHot-rolled long products
Semiproducts
Cold-processed bars
Railway products
RevenueIncrease2.svg 1.89 billion (2010)
Decrease2.svg 108 million (2010)
Decrease2.svg 648 million (2010)
Number of employees
6,992 (2007)
Parent Severstal
Website www.lucchini.com

Gruppo Lucchini was the third largest Italian steel group after Gruppo Riva and Techint, with a 2005 production of 3.5 million tonnes. [1] It specialized in high-quality long and special carbon steel products.

In 2005 the Russian steel and mining company Severstal became the majority shareholder (approx 60%) of Lucchini, the remainder being owned by Lucchini Family (30%) and other minor shareholders.

In 2007, the Lucchini family bought back Lucchini RS, the part of Lucchini Group active in the railway rolling stock business. The two companies are therefore totally independent.

In 2010, Severstal acquired all the shares of Lucchini Group from the Lucchini family and became the only shareholder of the company.

See also

Related Research Articles

Arcelor S.A. was the world's largest steel producer in terms of turnover and the second largest in terms of steel output, with a turnover of €30.2 billion and shipments of 45 million metric tons of steel in 2004. The company was created in 2002 by a merger of the former companies Aceralia (Spain), Usinor (France) and Arbed (Luxembourg). Arcelor is now part of ArcelorMittal after a takeover by Mittal Steel in 2006.

<span class="mw-page-title-main">Alexei Mordashov</span> Russian billionaire and businessman

Alexey Alexandrovich Mordashov is a Russian billionaire businessman. He is the main shareholder and chairman of Severstal, Russia's largest steel and mining company.

Wheeling-Pittsburgh Steel was a steel manufacturer based in Wheeling, West Virginia.

<span class="mw-page-title-main">REN TV</span> Russian television channel

REN TV is a Russian free-to-air television network. It was founded on 1 January 1997 by Irena Lesnevskaya and her son, Dmitry Lesnevsky, who had been running REN TV as a production house for other national Russian television channels. Though it focuses mostly on audiences aged between 18 and 45 years old, the network offers programming for a wide range of demographics.

<span class="mw-page-title-main">Severstal</span> Russian steel and mining company

Severstal is a Russian company mainly operating in the steel and mining industry, headquartered in Cherepovets. Severstal is listed on the Moscow Exchange and LSE and is the largest steel company in Russia. The company is majority-owned and controlled by billionaire Alexey Mordashov.

<span class="mw-page-title-main">ArcelorMittal</span> Luxembourgish steel manufacturing corporation

ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel. ArcelorMittal is the second largest steel producer in the world, with an annual crude steel production of 78 million metric tonnes as of 2022. It is ranked 197th in the 2022 Fortune Global 500 ranking of the world's largest corporations. It employs around 154,000 people and its market capital is $20 billion. The total value of company assets is estimated to be around $94 billion.

The Marzotto Group is an Italian textile manufacturer, based in Valdagno.

The following lists events that happened during 2006 in the Grand Duchy of Luxembourg.

<span class="mw-page-title-main">Stefano Lucchini</span> Italian footballer (born 1980)

Stefano Lucchini is an Italian professional football coach and a former player who played as a centre-back.

Steel Dynamics, Inc. (SDI) is an American steel producer based in Fort Wayne, Indiana. With a production capacity of 13 million tons of steel, the company is the third largest producer of carbon steel products in the United States. It is among the most profitable American steel companies in terms of profit margins and operating margin per ton. Based on its 2021 revenue, the company ranked 196th on the 2022 edition of the Fortune 500.

<span class="mw-page-title-main">GEDI Gruppo Editoriale</span> Italian media conglomerate

GEDI Gruppo Editoriale S.p.A., formerly known as Gruppo Editoriale L'Espresso S.p.A., is an Italian media conglomerate. Founded in 1955, it is based in Turin, Italy.

<span class="mw-page-title-main">Exor (company)</span> Investment company incorporated in Netherlands

Exor N.V. is the listed holding company of the Italian Agnelli family.

Lucchini is an Italian surname. It may refer to:

Franco Lucchini, MOVM, was an Italian World War II fighter pilot in the Aviazione Legionaria and in the Regia Aeronautica. During World War II he achieved 21 individual air victories, plus 52 shared, to add to the five kills in Spain, during the Civil War.

Lucchini RS S.p.A. is an Italian company, fully owned by the Lucchini family through a financial holding called Sinpar S.p.A. and divided from Gruppo Lucchini, which was under Russian control of Alexei Mordashov and Severstal from 2005 till 2007. In 2008 the Lucchini family took back the control of Lucchini RS.

<span class="mw-page-title-main">Nordgold</span> Russian mining company

Nord Gold S.E., (Nordgold) is a gold mining company with assets in Russia, Kazakhstan, Burkina Faso, Guinea and Canada

<span class="mw-page-title-main">Luigi Lucchini</span> Italian businessman

Luigi Lucchini was an Italian businessman and steel executive.

Crédit Agricole Carispezia S.p.A. formerly known as Cassa di Risparmio della Spezia S.p.A., or Carispezia in short, is an Italian savings bank, which is part of Crédit Agricole Italia, the Italian arm of French banking group Crédit Agricole.

<span class="mw-page-title-main">Ilva (company)</span> Italian steel company

Ilva S.p.A. is an Italian steel company in Taranto that for much of the 20th century was Italy's largest steel producer and one of the largest in Europe. In June 2017, Arcelor Mittal became the chief shareholder. In 2020, the company returned to commissioners' management and ownership of the Italian state. On 23 April 2021, capital was infused by the government of Mario Draghi, which took a 38% share and 50% of the voting rights.

References

  1. "World Steel Association". Archived from the original on 2011-07-18. Retrieved 2009-10-29.