Simmering-Graz-Pauker AG (SGP), founded as Simmering-Graz-Pauker AG für Maschinen-, Kessel- und Waggonbau, was an important Austrian machine and engine factory, manufacturing: machinery, boilers and rail vehicles. It was established in 1941 through the merger of Simmering machinery and rolling stock company with the Graz machine and rolling stock company and the Paukerwerkstraße Corporation from Vienna. It was separated in 1989 into two divisions; SGP-VA Energie- und Umwelttechnik for power systems and SGP Verkehrstechnik for rail vehicles.[1] The former became part of the Austrian Industries Technologies company and later became Austrian Energy & Environment,[2] while the rail business was acquired by Siemens in the 1990s. It traded as Siemens SGP Verkehrstechnik before being fully merged into Siemens Austria in 2009.[1]
History
After World War II the company was majority owned by the state and had a wide network of international offices and subsidiaries in Asia, South America and Europe with several thousand employees. The company experienced rapid growth until the mid-1980s. SGP ceased to exist as an independent company in 1989 as part of the restructuring of the state-owned Österreichische Industrieholding