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Voestalpine Aims to Double Sales Through 2015, Handelsblatt Says

Voestalpine AG aims to almost double sales in the next five years by expanding in emerging markets such as China, India and Brazil, Handelsblatt reported.

The Austrian steelmaker wants to increase sales to 15 billion euros ($20 billion) by 2015, the newspaper said, citing Wolfgang Eder, the chief executive officer.

To contact the reporter on this story: Andreas Cremer in Berlin at acremer@bloomberg.net.

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net.

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