Lenzing to Expand Further

People ♦ Published: August 7, 2012; 16:24 ♦ (Vindobona)

Lenzing´s CEO explains that the frame conditions for Lenzing are highly satisfying at the moment. However, 2012 will not be another record year.

Lenzing to Expand Further / Picture: © Lenzing AG

In an interview with the Austrian business newspaper „Wirtschaftsblatt“, Lenzing´s CEO Peter Untersperger talks about Lenzing´s growth plans. According to Untersperger, the economic situation in Europe is not critical at all for Lenzing. After the euro devalued by 20% against the dollar, the European exporting industry become much more competitive, he says. „As a result, I am…

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Lenzing, Peter Untersperger, M & A, Expansion, Economic Growth, Austerity, Competitiveness, R & D, Chemical Industry
ISIN
AT0000644505
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