Facts and Figures
The key to voestalpine’s global success is innovation. The current record research budget of EUR 187 million clearly indicates that research, development, and innovation enjoy the highest priority in the voestalpine Group. The Group consistently invests in this key area because it is clear to everyone that securing our future as an international player in the most demanding product segments can only be achieved through specialization, paired with technological and quality leadership.
R&D at voestalpine is organized decentrally, with around 700 employees working in this field at more than 70 sites around the world. In addition to each company’s own R&D activities, great emphasis is placed on combining and networking existing competencies within the Group. voestalpine takes an open innovation approach, involving external partners in research and development projects where they are required for a project’s success. voestalpine aspires to create strategic, long-term partnerships based on trust and technological equality which create value for both partners. Around 100 national and international partners, including university institutes, universities of applied science, research institutes, competence centers, and Christian Doppler Laboratories, constitute the voestalpine scientific R&D network. Development partnerships with selected customers supplement the R&D networks and allow customer requirements to be addressed directly.