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Voestalpine´s Research Expenditures Have Tripled
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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…
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