Gruppo Lucchini was the third largest Italian steel group after

Gruppo Riva Riva Group is a major Italian steel producer. Riva is a privately held company, the whole shareholders' equity being held by the Riva family. As of 2022, it ranks 69th in the global ranking of steel producers compiled by the World Steel Associati ...

and

Techint Technical intelligence (TECHINT) is intelligence about weapons and equipment used by the armed forces of foreign nations. The related term, scientific and technical intelligence, addresses information collected or analyzed about the broad range ...

, with a 2005 production of 3.5 million tonnes. It specialized in high-quality long and special carbon steel products. In 2005 the Russian steel and mining company

Severstal Severstal () is a Russian company mainly operating in the steel and mining industry, headquartered in Cherepovets. Severstal is listed on the Moscow Exchange and LSE and is the largest steel company in Russia. The company is majority-owned and ...

became the majority shareholder (approx 60%) of Lucchini, the remainder being owned by Lucchini Family (30%) and other minor shareholders. In 2007, the Lucchini family bought back Lucchini RS, the part of Lucchini Group active in the railway rolling stock business. The two companies are therefore totally independent. In 2010,

acquired all the shares of Lucchini Group from the Lucchini family and became the only shareholder of the company.

References

{{reflist Steel companies of Italy Severstal

See also

References