<p><b>MAGNA Presstec GmbH</b> is an Austrian Tier-1 automotive component manufacturer located in Weiz, Styria. Operating under Magna International's Cosma body and chassis group, the company develops and manufactures high-strength structural stampings, chassis modules, and frame assemblies.</p><p>With extensive automated pressing, robotic joining, and specialized forming infrastructure in Eastern Styria, the company supplies major European car brands including the Volkswagen Group, Audi, Porsche, BMW, and Mercedes-Benz.</p><p>Key facts include:<ul><li>Over 1,000 employees based in Styria across sites in Weiz and Lebring</li><li>Operating subsidiary of Magna International Inc.</li><li>Annual turnover exceeding €400 million</li><li>Integrated manufacturing lines with dozens of specialized welding and handling robots</li></ul></p>