Voestalpine´s Research Expenditures Have Tripled

Published: February 16, 2013; 19:54 · (Vindobona)

Since 2000, voestalpine´s research expenses were up to € 132m. this corresponds to 1.1% of the total sales.

Voestalpine´s Research Expenditures Have Tripled / Picture: © Voestalpine AG

In the last twelve years, the average increase of research expenses was 11%, the Austrian steel group reports. At the moment, voestalpine operates 53 R&D locations. In the next years, research expenses will continue to grow, director of the R&D department Peter Schwab told “Wirtschaftsblatt”. This year, the number of workers in the R&D department has increased from 690…

This article includes a total of 103 words.

or Log In

Fast News Search