Andritz

What Andritz does

Andritz AG is a Vienna-listed (ticker: ANDR) global supplier of engineered process equipment and full-line plants, headquartered in Graz, Austria and founded in 1852. The company operates four business areas — Pulp & Paper, Metals, Hydropower, and Environment & Energy — supplying technology, machinery, automation, and aftermarket services to industrial customers worldwide through approximately 280 locations in more than 80 countries and a workforce of approximately 30,000.

Its core offerings include pulp and paper production lines, hydraulic and pumped-storage turbines, steel mill and strip processing systems, industrial drying and separation equipment, air-pollution control systems, and emerging green hydrogen and electrolyzer technology. Underpinning these systems is the proprietary Metris digital platform, which integrates automation, condition monitoring, predictive analytics, and AI-driven optimization (including computer-vision quality inspection through Procemex and teXscan) across the installed base.

Andritz generates revenue primarily through large, project-based capital-equipment contracts supplemented by multi-decade service, spare parts, and digital subscription streams. Customers span pulp and paper producers (e.g., Suzano, Metsä Group), utilities and power developers (e.g., Tata Power, Torrent Power, EDF, NYPA, Mercury NZ, Adani), and metal producers (e.g., ArcelorMittal). FY2025 revenue was approximately €7.9 billion with an EBITA margin of approximately 8.9%, a record order intake of approximately €8.9 billion, and an order backlog of approximately €10.5 billion, with approximately six bolt-on acquisitions adding approximately €330 million of annualized revenue during the year.

Name

Andritz

Legal name

ANDRITZ AG

Website

https://andritz.com

Company type

Public

Founded year

1852

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Andritz AG is a Vienna-listed global supplier of engineered process equipment and full-line plants for pulp and paper, metals, hydropower, and environment and energy customers, supported by aftermarket services and digital platforms.

Ownership category

akta.pro rank

Product category

Industrial Process Equipment and Machinery

NAICS

Turbine and Turbine Generator Set Units Manufacturing (333611), Sawmill, Woodworking, and Paper Machinery Manufacturing (333243), Pump and Compressor Manufacturing (33391)

SIC

General Industrial Machinery & Equipment (3560), Engines & Turbines (3510), Pumps & Pumping Equipment (3561)

akta.pro primary industry

BESS OEMs (Containerized Systems, Racks, Turnkey Solutions) (EUAFAAAC)

akta.pro secondary industries

BESS EPC, Integration & Commissioning (EUAFAAAB), Energy Storage & Microgrid Electrical Infrastructure (BESS, Controls) (IMAFAHAE), BESS Operations, Maintenance & Asset Performance Management (APM) (EUAFAAAG), Industrial Symbiosis & Byproduct Exchange Platforms (EUAIANAG)

Keywords

• Industrial process equipment
• Hydropower turbines
• Pulp paper machinery
• Metals forming equipment
• Green hydrogen solutions

Headquarters

HQ city

Graz

HQ country

Austria

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Plant Equipment Sales: Sale of industrial plants, equipment and machinery for pulp & paper, metals, hydropower and environment sectors. Project-based revenue from large-scale engineering projects and equipment supply contracts.
2. Services and Maintenance: Comprehensive service solutions including spare parts, on-site support, digital services and lifetime service for installed equipment and plants
3. Automation Solutions: Supply of automation systems and cybersecurity solutions for industrial operations

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

ANDRITZ is a globally leading supplier of plants, equipment, automation, and services for hydropower stations, the pulp and paper industry, the metals processing sector (including steel, automotive, and battery manufacturing), and environment & energy (carbon capture, green hydrogen, Power-to-X, separation, recycling, and pumps). The company delivers complete process technologies, turnkey plants, lifecycle service solutions, and digital optimization across its four core business areas.

Product overview

ANDRITZ is an international technology group headquartered in Austria that supplies plants, equipment, automation, and services across four main business areas: Pulp & Paper (technologies for producing pulp, paper, tissue, and board including DD-Washer, HHQ-Chipper, PrimePress X, FibreFlow Drum, and LimeDry), Metals (equipment and turnkey lines for metals processing including acquired Sanzheng induction heating systems), Hydropower (electromechanical systems including HIPASE digital platform, pump turbines, and Francis turbines), and Environment & Energy (sustainable technologies including green hydrogen, Power-to-X, separation, recycling, and pumps). The portfolio also includes specialized solutions under sub-brands such as Metris Digital Solutions, Automation, Feed & Biofuel, Nonwoven and Textile, Panelboard, Thermal Power, Marine/Offshore, and Environmental Solutions. Recent AI-enabled products include teXscan for fabric quality evaluation, Procemex machine vision solutions (acquired 2024), and IndustrialMind.ai integration for hydraulic equipment workflows.

Differentiator

Problem solved

Functional benefit

Brands

• Metris: Digital solutions platform for industrial automation and optimization
• PrimeLine
• PrimePress
• PrimeDry
• DD-Washer
• FibreFlow
• HIPASE
• CircleToZero
• teXscan
• SYNERGY
• X-Pro
• LimeDry
• CompaDis CDI

Products and services

• Pulp & Paper Technologies Complete technologies and services for producing pulp, paper, tissue, and board, including automation, recycling, and decarbonization solutions for pulp mills and paper manufacturers globally.

Quantifiable outcome

• Record Q1 2026 order intake of €3.6 billion, 54% increase year-over-year
• +4 more outcomes

Named customers19 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability10 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• RAG Austria AGcoreStrategic or Co-development Partner · 8 July 2026Partnership for Austria's largest green hydrogen production facility - a 12.5 MW plant in Gampern, Upper Austria, designed to convert surplus renewable electricity into hydrogen for seasonal energy storage. ANDRITZ delivers on EPC basis, producing approximately 17 million m³ of green hydrogen annually.
• Hydrogen CouncilminorOthers · 14 April 2026ANDRITZ joined the Hydrogen Council - world's largest CEO-led global hydrogen alliance - expanding coalition of companies advancing hydrogen solutions globally. Council represents approximately 140 companies from over 20 countries.
• DowminorStrategic or Co-development Partner · 12 February 2026Key partner developing bio-based plasticisers for concrete and gypsum applications from Metsä Group's Metsä LigO modified lignin produced at demo plant built with ANDRITZ equipment.
• UPMminorStrategic or Co-development Partner · 11 February 2026Pilot contractor management model with technology partner ANDRITZ at UPM's pulp mills in Finland, including interviews with over 100 subcontractor employees to address labor exploitation risks.
• Nalco Water (Ecolab)minorStrategic or Co-development Partner · 8 January 2026Three-year strategic collaboration to support innovation at ANDRITZ's PrimeLineTIAC Tissue Innovation and Application Center in Graz, Austria. Nalco Water gains access to pilot tissue machine for testing advanced chemistries and digital solutions.
• MicrosoftcoreTechnology or Integration · 3 December 2025ANDRITZ integrated Microsoft technologies including Copilot, Copilot Studio and Azure AI Foundry to develop AI-powered knowledge sharing ecosystem preserving expertise of experienced employees, enhancing onboarding and decision-making.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Valmet: Direct competitor in pulp & paper machinery, board, tissue and paper production lines; serves the same customer base with overlapping process technology and equipment portfolio.
• Sulzer: Direct competitor in industrial pumps and separation technology for process industries; overlapping offerings in water, pulp & paper, and general industrial fluid handling.
• GE Vernova: Direct competitor in large hydroelectric turbines, generators and pumped storage solutions; competes head-to-head on utility-scale hydropower projects globally.
• Voith: Direct competitor in hydropower turbines (including pump turbines for pumped storage) and paper machinery; comparable German-engineering heritage and global project delivery model.
• Alfa Laval: Direct competitor in separation and heat-transfer technologies for industrial applications; competes in pulp & paper, metals, and process-industry fluid handling.
• Metso: Direct competitor in pulp & paper process equipment and a leading supplier of mining and aggregates machinery; overlapping customer segments in resource and fiber-processing industries.
• GEA Group: Direct competitor in separation, fluid and process technology for food, dairy, chemical and environmental applications; adjacent overlap with ANDRITZ Separation and environmental solutions.

Broad incumbents

• Siemens Energy: Broad incumbent in power generation equipment, grid technology, and industrial automation; competes on hydropower and selected process-industry offerings as part of a wider portfolio.
• Mitsubishi Heavy Industries: Broad incumbent in turbines, power generation systems, compressors, and industrial machinery; competes with ANDRITZ in large-scale power and process equipment markets.
• Atlas Copco: Broad industrial-equipment incumbent supplying compressors, vacuum, industrial tools and assembly solutions to a comparable customer base across process industries.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/embed/ABAuDSgMa2w
• LinkedInlinkedin.com/company/andritz

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A37 records

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Andritz