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Focus on technologies that conserve resources |
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| Research and Development [EUR in millions] |
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Innovative products and services have been the cornerstone of the Company’s future business success for many years. As a technology group, Voith traditionally invests heavily - and significantly more than the industry average - in research and development. In the 2010/11 fiscal year, Voith’s R&D expenditures came to €259 million (previous year: €266 million). Compared with consolidated sales, the Voith Group’s R&D ratio in the 2010/11 fiscal year was 4.6% (previous year: 5.1%). |
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