Lucchini
Encyclopedia
Gruppo Lucchini is the third largest Italian steel group after Gruppo Riva
and Techint
, with a 2005 production of 3.5 million tonnes. It is specialized in high quality long and special carbon steel products.
Lucchini was acquired by the Russian steel and mining company Severstal
in 2005.
, Italy by building a small rolling mill to produce rebar during the period after World War II. Over the years, the craftsmanship was replaced by industry, investing in more and more productive rolling mills and building the first electric arc furnaces to melt scrap and transform it into steel ingots, ready for rolling. During this period Lucchini played a role within the Italian steel industry making a name for itself through unyielding determination. In the 1970s and 1980s, Lucchini Group forecasted market evolution and progressively widened its product range to include added value products through investment and acquisition. Through privatization, the g roup entered the integral cycle technology, widened its product range, invested its resources in R&D sector, set an increasing attention onto customer service and developed the internationalization process. In 2005, following a financial restructuring due to important investments in the plants, the majority of Lucchini Group was acquired by the Russian group SeverStal
, through a capital increase. Today, Lucchini Group consists of two Business Units: Lucchini Piombino in Italy and Ascometal in France.
(active since 1908 and acquired by Lucchini in 1992); there are also facilities in Trieste
(established by the Austrian
Krainische Industrie Gesellschaft in 1896 and acquired by Lucchini in 1995), Condove
, Lecco
and Bari
. Lucchini has also facilities in France situated in: Dunkerque, Hagondange
, Saint-Étienne
, Fos-sur-Mer
and Goncelin
.
Gruppo Riva
Gruppo Riva is an Italian steel producer. After the Arcelor-Mittal merger and the takeover of Corus by Tata Steel, the group is currently the world’s eighteenth and the third largest steel producer in Europe...
and Techint
Techint
Techint is a conglomerate multinational company founded in Milan in September 1945 by Italian industrialist Agostino Rocca and headquartered in Milan and Buenos Aires . Techint comprises more than 100 companies operating worldwide in the following areas of business: Engineering & Construction,...
, with a 2005 production of 3.5 million tonnes. It is specialized in high quality long and special carbon steel products.
Lucchini was acquired by the Russian steel and mining company Severstal
Severstal
OAO Severstal Russian: Северсталь, "Northern Steel") is a Russian company mainly operating in the steel and mining industry, centred in the northern city of Cherepovets. Severstal is listed on the RTS and LSE. As of 2009, it is the largest steel company in Russia according to The Metal Bulletin....
in 2005.
History
The Group's founder and current Honorary President Luigi Lucchini expanded and developed his father's business of crafting iron at CastoCasto
Casto is a comune in the province of Brescia, in Lombardy....
, Italy by building a small rolling mill to produce rebar during the period after World War II. Over the years, the craftsmanship was replaced by industry, investing in more and more productive rolling mills and building the first electric arc furnaces to melt scrap and transform it into steel ingots, ready for rolling. During this period Lucchini played a role within the Italian steel industry making a name for itself through unyielding determination. In the 1970s and 1980s, Lucchini Group forecasted market evolution and progressively widened its product range to include added value products through investment and acquisition. Through privatization, the g roup entered the integral cycle technology, widened its product range, invested its resources in R&D sector, set an increasing attention onto customer service and developed the internationalization process. In 2005, following a financial restructuring due to important investments in the plants, the majority of Lucchini Group was acquired by the Russian group SeverStal
Severstal
OAO Severstal Russian: Северсталь, "Northern Steel") is a Russian company mainly operating in the steel and mining industry, centred in the northern city of Cherepovets. Severstal is listed on the RTS and LSE. As of 2009, it is the largest steel company in Russia according to The Metal Bulletin....
, through a capital increase. Today, Lucchini Group consists of two Business Units: Lucchini Piombino in Italy and Ascometal in France.
Facilities
Lucchini has multiple domestic and international facilities. The main facility in Italy is in PiombinoPiombino
Piombino is an Italian town and comune of circa 35,000 inhabitants in the province of Livorno . It lies on the border between the Ligurian Sea and the Tyrrhenian Sea, in front of Elba Island and at the northern side of Maremma.-Overview:...
(active since 1908 and acquired by Lucchini in 1992); there are also facilities in Trieste
Trieste
Trieste is a city and seaport in northeastern Italy. It is situated towards the end of a narrow strip of land lying between the Adriatic Sea and Italy's border with Slovenia, which lies almost immediately south and east of the city...
(established by the Austrian
Austria-Hungary
Austria-Hungary , more formally known as the Kingdoms and Lands Represented in the Imperial Council and the Lands of the Holy Hungarian Crown of Saint Stephen, was a constitutional monarchic union between the crowns of the Austrian Empire and the Kingdom of Hungary in...
Krainische Industrie Gesellschaft in 1896 and acquired by Lucchini in 1995), Condove
Condove
Condove is a comune in the Province of Turin in the Italian region Piedmont, located in the Val di Susa about 30 km west of Turin....
, Lecco
Lecco
Lecco is a town of c. 47,760 inhabitants in Lombardy, northern Italy, north of Milan, the capital of the province of Lecco. It lies at the end of the south-eastern branch of Lake Como...
and Bari
Bari
Bari is the capital city of the province of Bari and of the Apulia region, on the Adriatic Sea, in Italy. It is the second most important economic centre of mainland Southern Italy after Naples, and is well known as a port and university city, as well as the city of Saint Nicholas...
. Lucchini has also facilities in France situated in: Dunkerque, Hagondange
Hagondange
Hagondange is a commune in the Moselle department in Lorraine in north-eastern France.It is some 20 km north of Metz and the same distance south from Thionville.La Tour de Guet, a tower from the twelfth century, is found within the commune....
, Saint-Étienne
Saint-Étienne
Saint-Étienne is a city in eastern central France. It is located in the Massif Central, southwest of Lyon in the Rhône-Alpes region, along the trunk road that connects Toulouse with Lyon...
, Fos-sur-Mer
Fos-sur-Mer
Fos-sur-Mer is a commune in the Bouches-du-Rhône department in southern France.-Geography:Fos-sur-Mer is situated about north west of Marseille, on the Mediterranean coast, and to the west of the Étang de Berre. The city has of sand beach.-Population:...
and Goncelin
Goncelin
Goncelin is a commune in the Isère department in south-eastern France....
.