Austrian Investment News and Analysis
Read the latest headlines about developments in the investment environment in Vienna and Austria
Austrian M&A Activity Faces Depression
Due to the global insecurities, the M&A activities in Austria decreased substantially in the last year. Against the prior year, the number of deals was down by 27%.
July 11, 2012
Vienna Airport to Build Third Landing Strip
Vienna International Airport is now entitled to start the construction works oft he third landing strip. The construction works will take two years.
July 11, 2012
Active Direct Investments Higher than Passive Direct Investments
Austrian enterprises make more investments abroad than foreign countries do in Austria, Austrian Central Bank announced.
July 5, 2012
Stable Innovation Activity
57% of Austrian enterprises with 10 and more employees were innovation active. Innovation expenditure decreased, but the share of turnover of 1.7% remained constant.
July 5, 2012
Voestalpine to Put Effort into Growth
The Austrian steel producer intends to grow through acquisitions again in the medium term. Exports to Brazil and Asian countries should be promoted.
July 4, 2012
Lenzing Invests € 130m in New Plant
The Austrian fiber company expands ist production facilities. 110 new jobs will be created. The completion is expected in 24 months.
July 2, 2012
Infineon to Invest € 250m in Austria
In 2012, Infineon Austria´s CEO Monika Kircher-Kohl wants to make investments of € 250m. The high tech company is already looking for new staff.
June 28, 2012
Kelag Invests € 60m in Kosovo
The Austrian regional energy supplier celebrated the ground-breaking ceremony of a major power plant in Kosovo this week. Investments will total € 60m.
June 27, 2012
OMV´s Petrom: Investments Totaled € 7.7bn Since 2004
Petrom, the Romanian subsidiary of Austrian OMV finalized the upgrade of the crude vacuum distillation unit in Petrobrazi refinery. Investments of approximately € 100m will be made.
June 27, 2012
Chemical Industry Warns of Investment Stop
Peter Untersperger, CEO of the fiber manufacturer Lenzing and chairman of the Austrian chemcial industry is very critical of the energy efficiency act.
June 22, 2012
Bank Austria Sells Headquarters
The highest-bidder procedure is to lead to a sale of the property by the end of 2012. Bank Austria will retain its property until the new headquarters has been completed.
June 15, 2012
Vienna International Airport Satisfied with new Terminal
First week of real-time operations in Check-in 3: over 240,000 passengers handled since 5 June 2012. The number of passengers was up moderately in May.
June 12, 2012
Austrian Central Bank Expects Economic Stabilization
Austria´s budget deficit is expected to decrease, the economic growth should increase slightly.
June 11, 2012
Austrians Highly Care About Retirement Provision
Austrians highly appreciate the security and stability of their own country and this is also reflected in their approach to financial matters and retirement provisioning.
June 8, 2012
S Immo Does Not Plan Investments
The Austrian real estate company regards the current framework conditions as not suitable for investing in new projects. S Immo plans more sales, by contrast.
May 29, 2012
“Three Problems of Europe: Divergence, Indebtedness and Weak Banks”
The new director of the Austrian IHS (Institute of Advanced Studies) Christian Keuschnigg thinks that a Greek exit would have to take place suddenly.
May 21, 2012
Baxter Enlarges Viennese Site
The U.S. pharmaceutical group makes investments of € 30m in Vienna. The start of operation of a new production facility is planned in 2014.
May 18, 2012
Economic Indicator: Slow Recovery Expected
The Bank Austria business indicator indicates a slight upward trend. In the second quarter, economic growth is expected to reach 0.2%.
May 16, 2012
Austrian Economy Grows Slowly
After a period of stagnation, the Austrian economy showed a small growth rate of 0.2% in the first quarter of 2012.
May 15, 2012
Savings Books More Popular than Building Saving
After the cut in the bonus for building savings, savings books are more popular again in Austria.
May 14, 2012
Austria Achieved Positive Current Account in 2011
Last year, Austria´s current account reached a surplus of 1.9% of the GDP.
May 4, 2012
Saving Rate Falls Further
Private households invested € 9.3bn in financial assets in 2011. This is a decline by 20% against 2010.
April 28, 2012
2,000 New Jobs Created by Foreign Enterprises
The Austrian Chamber of Commerce stressed the importance of foreign direct investment in Vienna. Last year, 126 foreign enterprises came to Vienna.
March 22, 2012
Voestalpine to Invest € 500m at Main Site
The Austrian steel company builds a new strand casting house. Voestalpine warns of excessive greenhouse gas regulations.
March 22, 2012
Investments: Austrians Prefer Security
For 72% of the Austrians, safety comes first. The most popular investments are conservative.
February 10, 2012
Asamer Returns to Libya
The Austrian manufacturer of building material aims for catching up the lost year 2011 in Libya.
January 23, 2012
Leitl: „Croatians are Most Welcome“
The President of the Austrian Chamber of Commerce is looking forward to Croatia´s EU accession in 2013.
January 23, 2012
Austrian SME Become More Cautious
Due to the weak economy, the euro-crisis, the decrease in public expenses and equity requirements, small and medium-sized enterprises are more reluctant for investments.
December 27, 2011
Lack in Know-How for Investments
For 91% of the Austrians the topics investments and finance are too complex. A lack in transparency is obviously the problem.
December 9, 2011
Economic Downturn Becomes More Obvious
Due to the strong development in the first half year, Austria´s economic growth will amount to 2.9% in 2011. However, for 2012 the growth rate will decrease significantly.
November 16, 2011
Exports to Colombia to Surpass € 100m
Austrian exports to Colombia will exceed € 100m this year, reports the Austrian Chamber of Economics. Colombia has a strategic character for Austrian companies.
November 2, 2011
Stagnation Expected in Austria for 2011
Insecurity and a lack in foreign demand will cause a massive slowdown of the Austrian economy in 2012. Consumers and companies become more cautious.
October 17, 2011
Austrian Economy Cooling Down Rapidly
Drastic deterioration in industrial climate and consumer sentiment point to a break in the economic recovery in the second half of 2011.Economic outlook for 2012 lowered to just 1.4 per cent.
October 15, 2011
Mars Austria Invests EUR 33 million
The candy and pet food producer Mars Austria is investing EUR 33 million in its existing plant located in Lower Austria.
October 13, 2011
Performance of Investment Funds Drops Further in September
The average one-year performance was -3.74%. Only 526 out of 1,614 funds showed a positive performance.
October 12, 2011
Investment Funds with Negative Performance in August
The average one-year performance was -1.36%. Only 675 out of 1,615 funds showed a positive performance.
September 9, 2011
Majority of Investment Funds with Positive Development in June
June was another successful month for Austrian funds: 1,233 out of 1,628 funds showed a positive performance.
July 8, 2011
Companies’ Cash on Hand Reaches Record High
ATX and Prime Market companies‘ money holdings amounted to € 9bn in Q4 2010. Investments increased by 120% compared to the average of the three previous quarters.
May 19, 2011
EPIC Completes the Acquisition of UkrTelekom
The Austrian financial investor purchases 92.79% of the Ukrainian telecommunications company for € 921m.
May 16, 2011
Austrian Industrial Production Still Growing
Statistics Austria: Rise in Production index in January 2011: 8.4% over January 2010
March 26, 2011
WKÖ: "The Manufacturing Industry has not Processed the Crack Caused by the Crisis yet"
Production value of Austrian industry remains behind pre-crisis values despite a recovery.
March 16, 2011
OMV Observes Riots in Libya and Yemen „thoroughly“
The Austrian oil company OMV is not concerned by the current turmoils in Libya and Yemen. However, OMV watches the incidents permanently.
February 21, 2011
Economic Indicator: 2011 Brings More Dynamism to Austria's Economy
Economic recovery has stabilized rapidly in Austria. The Bank Austria Business Indicator has climbed to a three-year high.
February 17, 2011
aws: Investments in Austria Rise Again
"Companies are investing more heavily in expanding and adding production capacity", reports the management of aws (Austria Wirtschaftsservice).
February 16, 2011
Economic Growth Decreased Slightly in the 4th Quarter of 2010
The rise of Austria's economic performance in the 4th quarter 2010 was 0.6% in real terms compared with the previous quarter. This figure does not exactly strengthen the momentum of the economy.
February 16, 2011
Austria Savers Remain Cautious
For 67% of Austrian savers, savings’ security is a priority. High yields only plays a role for about 10% .
February 5, 2011
GM Powertrain-Austria Celebrates its 20 Millionth Transmission
The Austrian General Motors subsidiary also invested € 50m in the five-speed transmission production in 2010.
January 28, 2011
Austria's Growth Remains Dependent on Exports
The Austrian GDP will grow in real terms, according to WIFO, at an annual average of 2.2% per year between 2011-2015. The unemployment rate is expected to stagnate.
January 25, 2011
Slight Slowdown of Austria’s Economy
According to the Austrian National Bank (OeNB), economic growth slowed down temporarily at the turn of the year.
January 22, 2011
Weak Capital Base of Austrian Banks
According to the rating agency Standard & Poor's (S&P), Austria's major banks are equipped with very weak equity by international standards.
January 20, 2011
