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RHI Is Considering Raising Capital

Published: October 6, 2010; 14:59 · (Vindobona)

The refractories manufacturer RHI wants to continue growing, and will need between 400 and 500 million euro for its expansion plans, the new boss of the group, Henning Jensen, said at the "Q-Check" experts forum.

RHI Is Considering Raising Capital / Picture: © RHI AG

The form of financing has not yet been decided on. Medium-term sales target is two billion euro.

On specific projects, Jensen declined to comment.

The group aims to continue its growth, especially in emerging markets. In Brazil, for example, the world leader in the area of refractories has had an investment in sight for some time. The idea is to be closer to the…

This article includes a total of 221 words.

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