Press Release

RHI Magnesita: first general meeting successfully completed

08. June 2018

Amsterdam/Vienna, June 8, 2018 – On Thursday afternoon, RHI Magnesita N.V.’s first general meeting was held at Hilton Amsterdam Airport Schiphol. The company announces that each of the resolutions set out in the Notice of Meeting to Shareholders dated 26 April, 2018 were passed by the requisite majority. A poll was held on each of the resolutions proposed.

CEO Stefan Borgas on the company’s first Annual General Meeting after the merger: “The clear majorities for the individual resolutions show that we have the full support of our shareholders to consistently continue on the path we have taken”.

The results of the poll incorporating proxy votes lodged in advance of the meeting are available at the following link:


About RHI Magnesita

RHI Magnesita is the result of the combination of RHI and Magnesita to form the leading global supplier of high-grade refractory products, systems and services 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, among others. 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.

With more than 14,000 employees in 35 main production sites and more than 70 sales offices, the company has unmatched geographic diversification. RHI Magnesita intends to use its global leadership in revenue, greater scale, complementary product portfolio and diversified geographic presence to target markets and regions benefitting from more dynamic economic growth prospects.

The combined company generated pro forma €2.7 billion in revenues in the financial year 2017. For further information please visit


RHI Magnesita N.V.

Stefan Rathausky, Senior VP Corporate Communications
Tel +43 50213-6059