Voestalpine plans to earn full force

Despite the weakening of demand in some countries, the Austrian Metallurgical Company Voestalpine plans to launch all its filias at full capacity during the summer. Such a statement was made by Wolfgang Eder - the executive director of the concern.
In the near future, the concern will not reduce jobs and hours. All summer the concern will work in full force. This year the company received many orders, including in a steel division.

The Austrian company Voestalpine is engaged in the production of steel, railway systems and cars. To date, cleaning the laptop from dust for the concern is also not a problem, since this steel company is in more than 60 countries.

As previously reported, Voestalpine over the past two financial years has reduced its profit by 30.5% (this is approximately 413.3 million euros). But, nevertheless, the revenue of the concern increased 10.1% over the years and crossed the border of 12.06 billion euros.

It is worth recalling that Voestalpine AG in the first half of the previous financial year and compared to the same period of this year increased production by more than 5.4% (3.95 million tons). The concern’s net profit grew in a given period by 39% (349 million euros). The income of the corporation increased by 15.1% and is now growing to a mark of 5.9 billion euros.