Research expenses in the voestalpine Group

In recent years, research expenses have been rising continuously; in the business year 2012/13, they reached a record level of EUR 125.6 million.

voestalpine’s expenditures for research and development have remained at a very high level, despite the difficult economic environment. Despite economic crises and cost-cutting programs, expenditures for this key sector have risen on average by 11 percent every year for the past decade. According to EU statistics, voestalpine not only spends more money on research and development than any other Austrian company, but it is among those high-leverage innovators that have a higher-than-average innovative output due to efficient use of resources and funds.

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