Good Prospects for Austria's Electric Industry

IndustrialsIndustrial Goods ♦ Published: March 23, 2011; 00:00 ♦ (Vindobona)

In its industry report, Bank Austria considers there is a sustainable recovery for the electric industry in spite of continued price pressures.

Good Prospects for Austria's Electric Industry / Picture: ©

Austria's electric industry has recovered well in 2010. After the decline of 9 percent to € 13.7bn in 2009, the industry is expected to reach € 15bn in 2011 and to compensate the crisis-related losses. The recovery has reached all sub-sectors of the electric industry, the production of information and communication technology, electronic components and other electronic products as…