OUR INVESTMENTS SHAPE OUR PRIDE, FINANCING THE COMPLETION OF OUR SERVICE

Investment & Finance

The value of a holding company is significantly influenced and determined by the value of its investments.

Along with its fully owned subsidiaries, ASCOTEC Holding GmbH is proud to hold strategic investments in a variety of companies in the fields of trading, engineering and production


The flagship within our portfolio is our investment in a valuable steel production plant in Kuwait. ASCOTEC Holding GmbH holds 49% of United Steel Industrial Co. (KWT STEEL) which has developed into one of the most important plants in the region by using the latest state-of-the-art technology.

Having started with the establishment of one single rolling mill, today we are proud to present the company as a steel complex, consisting of two rolling mills and one steel making facility.

The local market share of KWT Steel exceeds 80% and its yearly revenue is 500 Mio EUR.

 

With the aim to meet customers' needs we offer various financing options. The extent of our assets, our high ranked creditworthiness at interational banks and our well known business history, enable us to equip our trading and project business with trade and project finance.