RHI Has Growth Plans

People ♦ Published: March 7, 2012; 18:34 ♦ (Vindobona)

The Austrian producer of fireproof ceramics puts effort into growth. Major investments and acquisitions are planned.

RHI Has Growth Plans / Picture: © RHI AG

The RHI group will invest roughly € 170 million in 2012, with the main part flowing into the expansion of raw materials supply in Norway and Turkey as well as the creation and extension of capacity in Brazil and China. RHI is also said to be interested in Serbian Magnohrom, which is held by the Serbian state. The acquisition could cost up to € 65m. According to CEO…