Austria Continues Being the Largest Investor in Romania

People ♦ Published: September 23, 2010; 12:14 ♦ (Vindobona)

"Romania is an important market in Eastern Europe for the Austrian economy. Its great importance for us is proved by the fact that Austria is by far the largest investor in Romania"

Austria Continues Being the Largest Investor in Romania / Picture: © Vindobona.org

... Economic Chamber President Christoph Leitl stressed, during a meeting with the Romanian State Secretary of Economy Claudiu Constantin Stafie.

In addition to the two largest Austrian investments abroad ever made (takeovers of Petrom by OMV and of BCR by Erste Bank), there were countless direct red-white-red investments from Agrana to Zumtobel.

Austrian companies…