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Vienna/London, September 27, 2018 – RHI Magnesita was awarded at the 2018 Corporate & Financial Awards in London this week. The expert jury recognized the professional and transparent communication of RHI Magnesita with all stakeholders during the merger with Gold in the category “Best M&A Communications”.
“The award is an important acknowledgment that our holistic approach to communication is successful. The involvement of all external and internal stakeholders and consistent target-group-oriented communication will continue to play a key role in the cultural transformation of RHI Magnesita”, said Stefan Rathausky, Senior VP Corporate Communications & Strategic Marketing.
During the complex cross-border merger of RHI and Magnesita involving merger control proceedings in several jurisdictions, the company focused on consistent and transparent information on the merger process. In addition to an external microsite that informed investors and the media about the developments of the merger, to name just one example, the company focused at an early stage on internal communication and employee involvement.
This communication strategy made a significant contribution to reducing uncertainty among all stakeholders through professional communication in the period of one year between the signing and the closing of the merger and has set the tone for the future positioning of the new company.
About Corporate & Financial Awards
The Corporate & Financial Awards is the benchmark of companies’ communication in the UK. The awards program celebrates and showcases excellence in financial communications and provides recognition for the efforts of staff, companies, agencies and beneficiaries.
For companies trying to reach investors, analysts, consultants in the investment community, financial journalists and their peers, corporate reporting is the primary means of communications. The Corporate & Financial Awards recognizes excellence in this area and in all aspects of corporate communications with these stakeholder groups.
About RHI Magnesita
RHI Magnesita is the global leading supplier of high-grade refractory products, systems and solutions which are indispensable for industrial high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves more than 10,000 customers in nearly all countries around the world. The Company has broad geographic diversification with more than 14,000 employees in 35 main production sites and more than 70 sales offices. RHI Magnesita intends to use its global leadership position in terms of revenue, greater scale, complementary product portfolio and diversified geographic presence around the world to target opportunistically those countries and regions benefitting from more dynamic economic growth prospects.
Its shares have a premium listing on the London Stock Exchange (symbol: RHIM) and are a constituent of the FTSE 250 index. For more information please visit: www.rhimagnesita.com
RHI Magnesita N.V.
Senior VP Corporate Communications & Strategic Marketing