Business - Economy

Mixed Results for Crafts and Business Enterprises

Published: March 30, 2011; 01:40 · (Vindobona)

Austria's business establishments are struggling especially with strong price pressures. Growth is moderate.

Mixed Results for Crafts and Business Enterprises / Picture: © Flickr

Bornett Walter, director of KMU Forschung Austria (SME Investigation) says: "For business and crafts, things went relatively well throughout 2010. There is however no reason for euphoria: at 2%, the branch -although showing growth- is below the overall economic trend of 3.5% growth.” The collapse in the crisis year 2009 had also less dramatic effects: the branch lost 2% compared to…

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Mixed Results for Crafts and Business Enterprises

Austria's business establishments are struggling especially with strong price pressures. Growth is moderate.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.