- 11.11.2025, 07:31:22
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- EQS0002
EQS-News: Steyr Motors strengthens international sales network – new distribution partners in the United Kingdom and Greece
EQS-News: Steyr Motors AG / Key word(s): Expansion/Incoming Orders
Steyr Motors strengthens international sales network – new distribution
partners in the United Kingdom and Greece
11.11.2025 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Steyr Motors strengthens international sales network – new distribution
partners in the United Kingdom and Greece
• Expansion of partner network to drive global growth strategy
• Two new distribution agreements with a minimum volume of EUR 5 million
• Establishment of local structures in response to rising demand
• Official market entry in Greece
Steyr, Austria, 11 November 2025 – Steyr Motors AG ([1]ISIN AT0000A3FW25),
one of the world's leading companies in the field of customized engines
for mission-critical defense and civil applications, is further expanding
its international market presence and has signed two new distribution
agreements with a total minimum contract volume of EUR 5 million. With
Golden Arrow Marine, Steyr Motors is solidifying its position in the
important British market, while the Greek company Petros Petropoulos AEBE
officially opens up a new regional market. Both partnerships cover the
distribution of maritime propulsion systems and a comprehensive spare
parts business.
New partner for growing demand in the UK market
With Golden Arrow Marine, Steyr Motors has gained one of the most
experienced maritime service providers in the United Kingdom as an
official distribution partner. Founded in 1935 and headquartered in Poole
(Dorset, UK), the company operates five locations along the south coast of
England and has more than 90 years of experience in the defense, leisure
and commercial maritime sectors. Golden Arrow Marine operates service
centers and mobile service teams throughout the United Kingdom and
internationally, highly qualified personnel, a fully equipped shipyard
infrastructure with a 45-tonne lift capacity, and is a proven specialist
in repair, diagnosis, repowering and delivery of new propulsion systems
for all types of propulsion.
“With Golden Arrow Marine, we are increasing service quality, response
speed and regional proximity for our British customers. Growing demand in
the UK market requires a strong, locally based structure,” says Julian
Cassutti, CEO of Steyr Motors.
Official market entry in Greece
Through its new partnership with the stock listed Greek industrial and
technology company Petros Petropoulos AEBE, Steyr Motors is now officially
entering the Greek market, having previously operated without an official
partner in Greece. Petros Petropoulos was founded in 1922 and is active in
the automotive, energy, industrial equipment, maritime and defense
sectors. The company is one of the most established tech and industrial
groups in the country. The cooperation covers the distribution of maritime
drives and spare parts. Through the partnership, Steyr Motors customers
now have local contacts, technical support, spare parts supply and
integrated services on site.
Strategic strengthening of international market position
With both partners, Steyr Motors is continuing its global growth strategy
to be closer to customers, faster in service and stronger in sales. Rising
demand in the maritime and defense sector requires regionally anchored
structures – these are now being established in two important European
markets. “With Golden Arrow Marine and Petros Petropoulos, two strong,
experienced and technically first-class companies are joining our global
network. Our customers will benefit from even more intensive support,
local service expertise, fast response times and a professional spare
parts supply via short routes,” adds Julian Cassutti.
Company profile of Steyr Motors AG
Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the
development and production of high-performance customized special engines
with high power density and durability. The Company's engines are
primarily used for military special vehicles, boats (both military and
civilian) and as auxiliary power units (“APU”) for main battle tanks and
locomotives. In the full year 2024, Steyr Motors generated an (adjusted)
EBIT margin of 24%. For 2025, Steyr Motors is aiming for a year-on-year
increase in revenue of at least 40%, an EBIT margin of above 20% and a
production volume of at least 1,250 units.
For further information, please contact:
Steyr Motors AG
Investor Relations
Phone: +436766222367
Email:[2]ir@steyr-motors.com
[3] www.steyr-motors.com
Press contact in Germany, Austria, Switzerland
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Telephone: +49 89 125 09 0333
Email:[4]sh@crossalliance.de
[5] www.crossalliance.de
Press contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
Email: [6]matthieu.meunier@clai2.com
Press contact in the UK
14:46 Consulting
Tom Sutton
Telephone: +44 7796 474940
Email: [7]tsutton@1446.co.uk
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11.11.2025 CET/CEST This Corporate News was distributed by [8]EQS Group
View original content: [9]EQS News
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Language: English
Company: Steyr Motors AG
Im Stadtgut B1
4407 Steyr
Austria
Phone: +43 7252 2220
E-mail: office@steyr-motors.com
Internet: https://www.steyr-motors.com/de/
ISIN: AT0000A3FW25
WKN: A40TC4
Listed: Regulated Unofficial Market in Frankfurt (Scale); Vienna
Stock Exchange (Vienna MTF)
EQS News ID: 2226460
End of News EQS News Service
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