Heinzel Group: Unrestricted Expansion

IndustrialsIndustrial Goods ♦ Published: November 9, 2010; 12:52 ♦ (Vindobona)

This year, the Austrian paper group expects a turnover of 650 million euro; in 2011 the billion mark will be exceeded.

Heinzel Group: Unrestricted Expansion / Picture: © Vindobona.org

The industrialist Alfred Heinzel has big plans. His Heinzel group is expected to double sales with the expansion into Turkey and Ukraine. In 2008 the group’s turnover amounted to 579 million euro (810 million dollars), this year 650 million euro (910 million dollars) are expected, and for 2011 already a billion euro (1.4 billion dollars). Sales will increase from 1.8 billion tons…