Austrians to Invest Strongly in FDIs

Politics ♦ Published: June 26, 2013; 18:57 ♦ (Vindobona)

Austrian investors have increased their direct investments in foreign countries by eleven percent to a total of € 145.5bn while FDIs in Austria remain unchanged at € 118.3bn.

Austrians to Invest Strongly in FDIs / Picture: ©

The globalization will continue to proceed, according to Chief Statistican of the Austrian National Bank (OeNB) Johannes Turner. However, the start of an investment boom seems unlikely.

Profits of Austrian foreign direct investments (after endowments and the release of reserves) came at more than € 9bn in 2011, which is a new record after 2007. The development of profits…