Sponsored
Article Tools

FDI Remains Essential for Austrian Business Location

Published: October 5, 2011; 13:59 · (Vindobona)

According to a study of Statistics Austria, the number of foreign subsidiaries even grew in 2009 by 6%. The number of Austrian subsidiaries owned by foreign corporations grew slightly.

FDI Remains Essential for Austrian Business Location / Picture: © Flickr

In 2009, the year of the financial crisis, the share of foreign-controlled companies in Austria remained stable. By the end of 2009, 9000 Austria-based companies were owned by foreign corporations. About 500.000 people were employed there. By the end of 2008, 8925 Austrian companies were owned by foreign groups. Thus, their number grew by 1.5% in 2009. The number of employees went down…

This article includes a total of 213 words.

or Log In