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Voestalpine Underlines Expansion Into Asia and America

People ♦ Published: August 25, 2012; 18:00 ♦ (Vindobona)

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For voestalpine´s CEO Wolfgang Eder, Europe is a stagnating market. By contrast, growth is expected to take place in the U.S.

Voestalpine Underlines Expansion Into Asia and America / Picture: © Flickr / Worldsteel

In an interview with “Wirtschaftsblatt”, Eder explains that the U.S. is perceived to be a growing market. “We are investing in the U.S. as we are welcome there. U.S. leaders have recognized that a reindustrialization is necessary in order to create jobs.” In the next two years, voestalpine´s investments should reach about € 100m. “It is a part of our corporate strategy to…