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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…

This article includes a total of 204 words.

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