# RHI Magnesita invests EUR 50M in Digital Flagship Plant Radenthein

RHI Magnesita is investing EUR 50 million to modernize and digitize its plant in Radenthein, Austria, creating the world's most modern refractory plant. The investment includes EUR 22 million for automation and process optimization.

- Type: Investment
- Announced: 2020-06-04
- Where: Radenthein, Kärnten, Austria
- Value: $56.5M (50.0M EUR)
- Starts operating: Q4 2021
- Status: announced
- Products: refractory products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [RHI Magnesita](https://endata.com/companies/17934.md)

## Sources

- [ots.at](https://www.ots.at/presseaussendung/OTS_20200604_OTS0166/rhi-magnesita-investiert-50-mio-euro-in-digital-flagship-plant-radenthein), 2020-06-04: "Mit der 'Digital Flagship Plant Radenthein' entsteht das modernste Werk der Feuerfestindustrie weltweit."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.