Austrian SMEs Keep on Struggling in 2013

BusinessEconomy ♦ Published: April 4, 2013; 16:42 ♦ (Vindobona)

Persistant insecurity and subdued growth expectations characterize the 1st quarter of 2013. Enterprises regard new energy efficiency policy as additional bureaucratic burden.

Austrian SMEs Keep on Struggling in 2013 / Picture: ©

Konrad Steindl, Chairman of the Federal Department of Industry and Craft decribes the current economic outlooks as rather dim. According to assessments of the business situation, the state of affairs has reached absolute rock bottom. The enterprises showing negative results outweigh the ones with profits by 4 %. Furthermore, enterprises have been challenged with a gloomy business…