New Austerity Measures at RHI

People ♦ Published: September 19, 2011; 11:49 ♦ (Vindobona)

The new CEO of the Austrian refractory manufacturer RHI, Franz Struzl, insists on the expansion to BRIC-countries and the sales target of € 2.0bn.

New Austerity Measures at RHI / Picture: © RHI AG

The strategy of RHI remains still the same. Franz Struzl intends to cut costs at each production stage. In order to reach the sales target of € 2.0bn, the expansion to Brazil, Russia, India and China should be promoted. „We will not neglect Western Europe. But we don´t see growth potential here.”, Struzl announces.

What is more, Struzl aims to introduce new austerity…