voestalpine Increases Research Budget to a Record High

Companies › Technology ♦ Published: March 30, 2011; 00:00 ♦ (Vindobona)

In the new business year 2011/12, which begins on April 1, 2011, the Austrian steel company set asiede more than € 120m for product and technology development.

voestalpine Increases Research Budget to a Record High / Picture: © Voestalpine AG

voestalpine Group is spending more money than ever on the continued expansion of its research and technology development. According to the budget that was approved yesterday, Thursday, by the Supervisory Board of voestalpine AG for the business year 2011/12, which begins on April 1, R&D funds will increase from € 111m by another 10% to an new high of more than € 120m. This…

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