aws: Investments in Austria Rise Again

Politics ♦ Published: February 16, 2011; 00:21 ♦ (Vindobona)

"Companies are investing more heavily in expanding and adding production capacity", reports the management of aws (Austria Wirtschaftsservice).

aws: Investments in Austria Rise Again / Picture: © AWS Mittelstandsfonds

"Compared with the previous year, this means an increase in demand of 20 percent", says Bernhard Sagmeister, director of the development bank aws. This result highlights, according to Sagmeister, “that the Austrian economy is clearly growing again”.

The development bank of the Republic intends to support the growth rate of the economy with around a billion euro this year. The…