HIGHLIGHTS
- 370 patent applications in 2023
- 139 MEUR for R&D in 2023
- over 6,500 patent protection rights
Research and Development
INNOVATION AT FULL SPEED – ENABLING THE GREEN TRANSITION
Research and development is an important part of ANDRITZ’s corporate strategy, and is key to creating growth and maintaining long-term competitiveness. Several hundred employees work in R&D at numerous locations worldwide. Innovation activities are supported by numerous research and development test centers in Europe and the US. Every year we spend around 3% of our revenue on research and development.
We currently have more than 6,500 patent protection rights, which is evidence of our lively development activity. Another important factor in our commercial success is the direct involvement of our R&D employees in project development, tendering and project execution.
Important focuses in the development of new and innovative technologies are:
- enhanced environmental protection,
- increased energy and material efficiency, and
- extending the life cycle of machinery and plants.
This is how ANDRITZ helps its customers worldwide to comply with environmental regulations and generate economic added value by reducing costs and increasing productivity. Contract-related development work is often conducted in collaboration with customers.
Numerous advantages through cooperation with universities
We are also closely linked to an international network of research partners. We actively seek out and maintain collaborations with universities engaged in research projects with relevant technologies. Another advantage of these relationships is our contact with highly qualified graduates who in some cases choose us as an employer after completing their studies.
Direct involvement of our R&D employees in project development, tendering and project execution is definitely a success factor.
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