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Voestalpine to keep its operations in Britain - CEO

Steel News - Published on Tue, 11 Dec 2018

Image Source: Reuters
Reuters reported that Austrian speciality steelmaker Voestalpine will continue its operations in Britain no matter how the country’s relationship with the European Union is shaped in the future. CEO Mr Wolfgang Eder, when asked whether there were any scenarios under which Voestalpine would withdraw from the Britain in connection with the country’s planned divorce from the bloc, told journalists in Vienna “We will definitely remain loyal to Britain. The question is, do we stick with what we have there, or do we expand further.”

Voestalpine has 10 locations including four production sites in the country and generates sales of around EUR 300 million or 2% of group sales.

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Posted By : Ratan Singh on Tue, 11 Dec 2018
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