Gruppo Lucchini

Gruppo Lucchini

Company type	Subsidiary
Industry	Steel
Founded	1946
Founder	Luigi Lucchini
Headquarters	Brescia, Italy
Products	Hot-rolled long products Semiproducts Cold-processed bars Railway products
Revenue	€ 1.89 billion (2010)
Operating income	€ 108 million (2010)
Net income	€ 648 million (2010)
Number of employees	6,992 (2007)
Parent	Severstal
Website	www.lucchini.com

Gruppo Lucchini was the third largest Italian steel group after Gruppo Riva and Techint, with a 2005 production of 3.5 million tonnes.^[1] It specialized in high-quality long and special carbon steel products.

In 2005 the Russian steel and mining company Severstal 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, Severstal acquired all the shares of Lucchini Group from the Lucchini family and became the only shareholder of the company.