RHI: USA and India as Growth Markets

Businessn.a. ♦ Published: December 1, 2012; 18:34 ♦ (Vindobona)

CEO Franz Struzl considers expanding into India, Russia and the U.S. Investments will reach about € 50m.

RHI: USA and India as Growth Markets / Picture: © RHI AG

In the next years, RHI does not plan any investments in Europe. Struzl criticizes the deindustrialization trend massively. “I do not know what we will do in Europe in 50 years.” RHI´s CEO underlines that the Austrian industrial sector suffers from the high taxes and the massive regulations. At the moment, RHI records a unsatisfying capacity utilization, Struzl says. Nevertheless,…