Steyr Motors Expands to Indonesia and Plans Vienna Stock Exchange Listing

Steyr Motors AG has widened its reach with a new office in Jakarta, Indonesia, while also preparing for a secondary listing on the Vienna Stock Exchange. This move marks a significant expansion into the Asian market, with the Jakarta office aimed at increasing sales and enhancing customer support in the region. This strategy aligns with Steyr Motors' goal of establishing a robust network within the ASEAN countries, capitalizing on the dynamic Southeast Asian market.

The Vienna Stock Exchange listing, scheduled for February 10, 2025, complements its existing listing in Germany, increasing its visibility among Austrian investors. This initiative underlines Steyr Motors' commitment to its Austrian roots while aiming to attract a broader array of investors without incurring significant additional expenses.

Steyr Motors AG, headquartered in Austria, specializes in high-performance engines, primarily for military and civilian applications. The company projects substantial growth for the upcoming years, further supporting its strategic endeavors in Asia and Europe.