Andritz is Concerned About China

People ♦ Published: October 10, 2012; 19:54 ♦ (Vindobona)

The CEO of Andritz Wolfgang Leitner thinks that there are substantial risks for the Chinese and European economy.

Andritz is Concerned About China / Picture: © ANDRITZ AG

Wolfgang Leitner, CEO of the plant construction company Andritz expresses his concerns about Europe and China. At the moment, 80% of Andritz´ revenues are made in Europe and Asia. Leitner admits that the order intake from China is not optimal.

At the moment, the activities of Andritz would be solid in all markets, he adds. Regarding China, the situation will become clearer in…