Amag´s Management Shows Optimism

Business › n.a. ♦ Published: October 19, 2012; 18:06 ♦ (Vindobona)

Gerhard Falch, CEO of the Austrian aluminum producer Amag expects satisfying results in the third quarter.

Amag´s Management Shows Optimism / Picture: © AMAG

The third quarter of 2012 will be successful, Falch says. However, the record results of 2011 will not be reached. “We cannot produce more. However, salaries, wages and commodity prices were up. At the same time aluminum prices remain low.” Falch stated.

The major investment at the headquarter location in Ranshofen will be re-financed in two years. In the first half of 2012,…

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AMAG, Earnings, Metal Industry, Gerhard Falch
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