Voestalpine Intends to Boost Business in Germany

IndustrialsBasic Resources ♦ Published: May 23, 2013; 15:34 ♦ (Vindobona)

The Upper-Austrian steel manufacturer voestalpine wants to significantly increase its business in Germany.

Voestalpine Intends to Boost Business in Germany / Picture: © Flickr / Worldsteel

CEO Wolfgang Eder announced on Thurday in Düsseldorf that from the planned growth in sales from currently € 12.1 bn up to € 20bn until 2020, Germany is supposed to account for around one third. He announced that he assumes for voestalpine to be able to gradually increase sales in Germany in the next years.

After ArcelorMittal and ThyssenKrupp, voestalpine is Europe’s third…