Austrian Paper Industry Shows Itself Cautiously Optimistic

IndustrialsIndustrial Goods ♦ Published: April 7, 2011; 07:46 ♦ (Vindobona)

2010 was marked by a production volume increase of 9%. Investment behavior remains hesitant.

Austrian Paper Industry Shows Itself Cautiously Optimistic / Picture: © Vindobona.org

Economic recovery is also reflected in the pulp and paper industry. "Thanks to the great development in volumes, the traditionally strong Austrian paper industry recorded the highest increases in the past two decades in the wake of the economic comeback last year, after the slump in 2009, and managed to overcome the crisis with relatively little damage", said Wolfgang Pfarl, President…