Voestalpine´s Research Expenditures Have Tripled

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…