Recent years have seen unbroken growth in research expenditures, thus reflecting the importance of R&D to the voestalpine Group. Following an actual expenditure of EUR 174 million in the business year 2019/20, an increase to EUR 187 million is budgeted for the business year 2020/21.
Gross r&d expenditures
(Excl. R&D capital investments) per business year, in millions of euros