Voestalpine is successfully expanding its position as technology and innovation leader and has budgeted around EUR 196 million for research and development (R&D) in the current business year. The steel and technology group appreciates that R&D projects positively contribute to sustainability. Research priorities include digitalizing the production processes, developing innovative products, and converting to climate-neutral steel production.
Worldwide, the voestalpine Group has over 740 employees working in R&D in more than 80 companies. In the past few years, this intensive research and development work has enabled the company to establish itself as one of the leading technology suppliers to the automotive, railroad infrastructure, aerospace, energy, toolmaking, and consumer goods industries.