It concerns a maximum of 100 million euros! A Voestalpine manager apparently had a company’s figures manipulated for years. It is disturbing that the steel company would have preferred to keep this quiet. Although no one has enriched themselves, the accounting scandal has already left its mark. Also: this is how the manipulative manager works.
Months after the departure of the former director of the metalworking company in question, it emerged during internal audit work in February 2024 that he had tinkered with the figures for years and may have embellished them by as much as 100 million euros… The accounting scandal hidden on page 112 in the annual report makes investors angry.
Source: Krone
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