Plansee expands into India and China

CompaniesTechnology ♦ Published: September 13, 2010; 11:30 ♦ (Vindobona)

Despite the decline in sales, the Tyrolean company Plansee expands into Asia.

Plansee expands into India and China / Picture: © Plansee

The metals group Plansee (Reutte) has “tackled successfully” the crisis year 2009, according to self-reports, with only a "slight" reduction of its workforce and an investment freeze.

Sales of the domestic group fell by 22 % to 852 million euro. What the Plansee management learned from crisis is that the prime potential is in the emerging markets and that raw materials…