„ÖIAG Should Finance Start-Ups“

Politics ♦ Published: June 19, 2012; 19:19 ♦ (Vindobona)

The Federation of Austrian Industries (IV) suggests using ÖIAG´s investment income for the purpose of financing start-up enterprises.

„ÖIAG Should Finance Start-Ups“ / Picture: © Österreichische Industrieholding AG (ÖIAG)

IV´s chief economist Christian Helmenstein considers that young entrepreneurs often face difficulties in financing their businesses. The investment income of ÖIAG should be used therefore. At the moments, ÖIAG´s dividends come at € 220m per year.

At the moment, the investment income of ÖIAG is flowing to the Ministry of Finance. ÖIAG holds a 28.4% stake in Telekom…