Vienna´s Position as CEE-Hub Is Endangered

People ♦ Published: February 20, 2013; 19:48 ♦ (Vindobona)

The number of multinational companies which withdraw their sub-headquarters from Vienna is growing, experts say.

Vienna´s Position as CEE-Hub Is Endangered / Picture: © Wikipedia / Pd4u

Brigitte Jank, President of the Viennese Chamber of Commerce, explains: “More and more CEE headquarters get under pressure.” According to Jank, this is due to the fact that multinational companies also find their employees in other countries of Central and Eastern Europe. Moreover, the cost pressure continues to grow, she explains. After reorganizations, the headquarters withdraw…

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