Voestalpine: „Growing by 50% Until 2020“

IndustrialsIndustrial Goods ♦ Published: December 18, 2012; 21:09 ♦ (Vindobona)

The Austrian steel group presents its strategy for the next years. The importance of conventional steel and Europe will decrease.

Voestalpine: „Growing by 50% Until 2020“ / Picture: © Vindobona.org

Until 2020, voestalpine aims to reach a sales growth of more than 50%. Then, revenues will reach about € 20bn. The growth markets of voestalpine are not in Europe. According to CEO Wolfgang Eder, the future markets are Latin America, the U.S., Russia and south-east Asia. In the next years, investments will be made apart from Europe, Eder announced. Not only the decent growth…

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