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Austrian Innovations on the Rise in Export Markets
The patent statistics clearly show that Austrian companies and inventors are becoming ever more prominently positioned on the international markets.
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
Saudi-Austrian Forum in Vienna
Saudi Arabia and Austria celebrated the 55th anniversary of Saudi-Austrian relations. Foreign trade is growing substantially.
May 14, 2012
Keuschnigg: „Problem Countries Must Cut Wages“
The designated director of the Austrian IHS (Institute of Advanced Studies) thinks that a drastic wage cut in Greece, Portugal and Spain is inevitable.
May 12, 2012
Small Rise in Foreign Trade
January to February 2012: moderate increase in imports (3.9%) and exports (5.4%).
May 8, 2012
Austria Emphasizes Importance of Partnership with Russia
Austrian State Secretary Wolfgang Waldner meets Russian Deputy Foreign Minister Titov.
May 8, 2012
Global Demand for Solar Technology from Austria
Riyadh, the capital of Saudi Arabia, is currently home to the world's largest solar thermal plant. The technology behind this plant came from Austria.
May 8, 2012
Austrian Exports to Canada up by 4.5% in 2011
Bilateral trade between Austria and Canada reaches € 1.13bn. Canadian Exports to Austria were down by 1.9%.
May 7, 2012
Improved Business Atmosphere in CESEE Region
According to a survey by OeKB (Oesterreichische Kontrollbank), expectations of investors are beyond the level of January. Austrian exports to the CESEE region may increase.
May 4, 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
“Russia now among top 10 Austrian Trading Partners”
Austrian Foreign Minister Spindelegger meets with Russia’s Deputy Prime Minister Zubkov.
April 25, 2012
Austria to Intensify Cooperation with Croatia
The Austrian Minister of Economics met his Croatian counterpart in Vienna. Above all, the EU-accession and investments were discussed.
April 24, 2012
Leitl: Increasing Foreign Trade with Russia
The President of WKO (Austrian Chamber of Commerce) wants to raise bilateral trade volume up to € 10bn by 2015.
April 23, 2012
Austrian Industry Underlines Austerity Policy
After the rating agency Fitch retained Austria´s triple A, the Austrian industry sees a confirmation of the need for austerity. Finance Minister Fekter emphasized to push for further reforms.
April 17, 2012
Austrian-Chinese Trade at All-Time High
Last year, bilateral trade volume rose by 13% in 2011 to over € 9bn. Austrian Exports rose by 11.7%.
April 10, 2012
Foreign Trade: „We are on the Right Way“
Christoph Leitl, President of the Austrian Chamber of Commerce comments the export development: “The data of January show that we are on the right way.”
April 7, 2012
Austrian Trade Mission 2012: “A Big Success”
With their trip to the Kingdom of Saudi Arabia, Austrian companies are highly satisfied.
April 5, 2012
Moderate Increase in Foreign Trade
In January 2012, Austrian foreign trade grew slower than in 2011. Exports increased stronger than imports.
April 5, 2012
Austrian Industrial Sector Faces Uncertainties
The Austrian industries expect a stagnation of business. Economic growth is low, export growth will be decent. Moreover, the order stock is declining.
April 4, 2012
Austrian Exports to France Exceed € 5.0bn
In 2011, Austrian exports to France were up by 10.2%. France remains one of Austria´s most important trading partners.
March 28, 2012
Norway Is one of Austria´s Most Important Wine Market
Austria's wine sector set a new export record at € 126m (an increase of 2.6% over the previous year) in 2011.
March 28, 2012
Austrian Exports to Japan Reach New Record
Last year, bilateral trade between Austria and Japan recorded a new high. Austrian exports to Japan amounted to € 1.3bn.
March 27, 2012
BNP: Austrian Economy Recovers
GDP in Austria contracted slightly in Q4 2011 as exports fell, but weak growth is likely to have resumed at the beginning of 2012, says BNP Paribas.
March 26, 2012
Austrian Chamber of Commerce Underlines Importance of South Tyrol
The President of Austria´s Chamber of Commerce (WKO), Christoph Leitl, met South Tyrols governor Luis Durnwalder and stresses the good political and economic relationship between South Tyrol and Austria.
March 24, 2012
Moderate Rise in Austrian Bilateral Trade with Italy
In 2011, Austrian exports to Italy went up by 8.6% to € 9.3bn. After Germany, Italy is Austria´s second largest trade partner.
March 21, 2012
Austrian Economy Recovers Slowly
The Austrian Central Bank (OeNB) sees signs of a recovery. A recession is not expected.
March 20, 2012
“The Czech Republic Has Traditionally Been an Important Partner for Austria”
Austrian State Secretary Waldner meets Czech EU State Secretary Belling.
March 19, 2012
New Record in Swedish-Austrian Bilateral Trade Volume
Austrian exports to Sweden reached a new record level in 2011. Moreover, the first surplus could be registered.
March 17, 2012
Austria Benefits from Economic Boom in Saudi Arabia
An Austrian trade delegation is looking for Saudi partners. This year, the bilateral trade volume is expected to exceed € 1.0bn again.
March 14, 2012
„The Public Sector Does not Get Enough“
Klaus Pöttinger, President of Upper Austria´s IV takes Switzerland as model. Taxes would be too high, efficiency of the public sector is too low, he says.
March 9, 2012
Imports Grow Stronger than Exports
January to December 2011: Austrian imports rose by 15%, exports increased by 12%.
March 9, 2012
„Going to America 2012“: AWO Supports Austrian Business in USA
Foreign Trade Austria (AWO) shows business opportunities in the U.S. to domestic companies.
March 8, 2012
Austria and Bulgaria Clear Way for Business-Friendly Climate
Business representatives from Austria and Bulgaria agreed upon a business-friendly climate and clear rules at a Sofia forum,
March 8, 2012
Getzner Werkstoffe: on to South America Following Success in Asia
The Austrian company produces materials for vibration isolation and plans to expand into South America.
March 7, 2012
Sanochemia Announced Scanlux Market Entry in Columbia
The Austrian pharmaceutical company announced the market entry of Scanlux in Columbia. Further approvals are targeted in Costa Rica, El Salvador, Venezuela and Paraguay.
March 7, 2012
Austrian Economy Appreciates Serbian Approach to EU
Serbia officially became candidate for the EU-access. Christoph Leitl, President of the Austrian Chamber of Commerce, emphasized the importance of the “European perspective” for Serbia.
March 2, 2012
New Criticism on Austerity Package
For the chief economist at RZB, Peter Brezinschek, the austerity package is not ambitious enough. The President of the Austrian Chamber of Commerce, Christoph Leitl, criticizes the introduction of new taxes.
February 28, 2012
Significant Increase in Austrian Steel Exports to U.S.
U.S. Steel Imports are rising substantially, prices are on the fall. Austrian suppliers could raise their share.
February 27, 2012
Austrian Current Account Deficit Rising
Against 2010, the Austrian current account deficit almost doubled. Both imports and exports reached record levels.
February 27, 2012
Rosenbauer Has Good Prospects
The Austrian producer of fire fighting vehicles has full order books. In 2012, CEO Dieter Siegel expects a new record in sales.
February 24, 2012
Austrian Economy Shrank in Last Quarter of 2011
Due to lower exports, the Austrian economic growth showed a decrease in the last quarter of 2011. For 2012, the economy will stagnate or increase very slowly.
February 15, 2012
Russia: Great Demand for Austrian Food
Due to rising purchase power of Russian households, Austrian food exports to Russia are booming. In 2012, the Russian retail trade sector is expected to grow by 15%.
February 14, 2012
Massive Increase in Energy Consumption
Austrian power plants are running at full speed. Energy supply was up by 14% last week.
February 11, 2012
Schlumberger Records Rise in Earnings
In spite of difficult market conditions, the Austrian sparkling wine producer holds on its ambitious growth targets. Exports should be reinforced.
February 10, 2012
Shortage in Energy Supply: Austria Helps Germany Out
In Germany, wind power plants record a decrease in energy production. German energy suppliers called for Austrian electricity.
February 9, 2012
SLR Group Plans Major Increase in Sales
The Austrian foundry company expects to realize sales of 60m in 2011/12. In the first half year, sales were up by 24%.
February 9, 2012
Problems on European Level as Burden for Austria
Over the last months, the European economy lost its impetus, which is a major burden for the Austrian economy.
February 9, 2012
Leitl Pushes Investments in Colombia
For Christoph Leitl, the President of the Austrian Chamber of Commerce, Colombia is the entry to South America for European companies.
February 7, 2012
Foreign Trade Still Growing
January to November 2011: imports rose by 16%, exports increased by 13%.
February 7, 2012
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