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voestalpine: Increased Employee Participation Possible

People ♦ Published: January 21, 2011; 00:08 ♦ (Vindobona)

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For the CEO of the Austrian steel group, Wolfgang Eder, the increase of the participation from the current 13.3% to around 16% is envisaged.

voestalpine: Increased Employee Participation Possible / Picture: © Voestalpine AG

Eder is considering an increase of employee participation in voestalpine, which has already become a success model. This concept has already a became a role model across the whole EU. He would support an increase in the participation of "15, 16, 17 percent", something that would have a motivating effect on the capital market.

This way, the employee fund would be voestalpine’s…