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Eder Considers European Manufacturing Industry is at a Disadvantage

People ♦ Published: February 5, 2011; 12:07 ♦ (Vindobona)

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For the CEO of the Austrian steel company voestalpine, the European manufacturing industry is at a disadvantage, despite innovative leadership.

Eder Considers European Manufacturing Industry is at a Disadvantage / Picture: © Voestalpine AG (Blast Furnace A)

Wolfgang Eder, the CEO of voestalpine calls for more self-confidence in the European manufacturing industry, "The European manufacturing industry is still the best in the world. We are innovative. Competitors in the U.S. are in part 30 years behind us. Almost everybody lives off our know-how. We only do not talk about it or say so very rarely".

This absence of self-confidence…