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FDI Foreign Direct Investments

Slovakia Records Growing Current Account Surplus

In the first five months of 2012, Slovakia´s current account surplus reached € 1.24bn. Against the reference period of 2011, this is an increase by € 350m.

September 4, 2012

Hungary: Foreign Direct Investments Declining

Against the reference period of 2011, investments in Hungary were down by 6%.

September 3, 2012

IMF: Austria Must Prevent Spillover Effects

The Executive Board of the International Monetary Fund (IMF) has concluded the Article IV consultation with Austria. The Austrian banking sector is “overly ambitious” in the CESEE region, IMF says.

September 3, 2012

Investment in Czech Republic Still Below Pre-Crisis Level

The global financial crisis, which originated in the USA in 2007 also hit the Czech Republic quite hard despite the fact that neither its internal nor external imbalances were excessive, the Czech Central bank stated.

August 24, 2012

Global Increase in Direct Investments made by Austrian Companies

In addition to CEE/SEE countries, growth in Austrian direct investments was also seen in Germany, Russia and Turkey.

August 21, 2012

Hungary: Most Foreign Firms from Austria

In Hungary, foreign companies employ 25% of the workforce. However, the share of foreign companies only reaches 3.3%

August 7, 2012

Polish Business Service Sector Booming

In 2011, 38 new business service centers were established in Poland. The number of employees doubled since 2009.

August 4, 2012

Polish Industrial Sector Shrinks

Last month, the Polish purchase manager index could recover. Nevertheless, there is no tendency of growth yet.

August 3, 2012

„Competitors are Still Far Away“

Vienna is under pressure. The Austrian capital has to compete with Warsaw, Budapest and Prague as headquarters location for the CESEE region.

July 23, 2012

Austrian-Bulgarian Economic Forum

The event takes place on September 18, 2012 at the Austrian Federal Economic Chamber, Vienna.

July 23, 2012

Growing Pressure on Viennese Location for Headquarters

The Viennese Chamber of Commerce intensifies the dialogue with international headquarters. In autumn, the first headquarter congress will take place in Vienna.

July 21, 2012

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

Germany Still Biggest Investor in Austria

For years, Germany leads the ranking of foreign investors in Austria. The Northern neighbour country is followed by Switzerland, Italy, the Netherlands and the U.S.

July 9, 2012

Austria Remains One of the Biggest CESEE Investors

Austria is still an important net investor in Central, Eastern and Southeastern Europe. However, the global importance of the region did not increase.

July 6, 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

Libya: Austrian Companies Face Losses of € 200m

Since the attacks against Libya in 2011, the damage for Austrian companies operating in Libya total € 200m. Major projects had to be postponed.

July 4, 2012

Austria Connect 2012 in Washington D.C.

From September 13, 2012 to September 15, 2012 the Austrian Trade Commissions will hold its conference in Washington D.C.

June 29, 2012

Investment Attractivity: Poland Ranks Second

According to Ernst & Young, the most attractive location for investments in Europe is Germany, which is followed by its Eastern Neighbour Poland.

June 25, 2012

Intensive Talks between OMV and Romanian Government

The Romanian Prime Minister Victor Ponta initiated talks with the Austrian oil and gas group OMV. Romania wants to control fuel prices in future.

June 19, 2012

Mitterlehner: „Romania is an Important Trading Partner“

Austria´s Minister of Economic Reinhold Mitterlehner sees many business opportunities for Austrian enterprises in Romania. Above all, the energy sector is highly promising, Mitterlehner says.

June 18, 2012

Leitl Underlines Good Relations with Hungary

At the visit of Hungary´s Viktor Orban, the President of the Austrian Chamber of Commerce (WKO) stresses the long-term commitment of Austrian enterprises in Hungary and claims legal security in return.

June 14, 2012

Austrialian Mining Company Plans to Exploit Lithium in Austrian Alps

Global Strategic Metals NL plans a site with an investment volume of € 125m in Austria. For Austria, the lithium deposits would be a „highly strategic asset“.

June 9, 2012

Launch of 21st Austria Initiative

The heads of renowned corporations intend to highlight Austria's economic expertise on the international stage with the "21st Austria" initiative.

June 5, 2012

Austria to Expand Relations with Cyprus

Federal President Fischer and WKO´s President Leitl accomodated the Cypriot-Austrian Business Forum. Economic relations show potential for expansion and further development.

June 4, 2012

State Visit: Fischer in Vietnam

On the occasion of the state visit of Austria´s Federal President Heinz Fischer, the Austrian Chamber of Commerce signed commercial contracts worth € 150m.

June 1, 2012

Corporate Lending in CEE Remains Stable

According to Bank Austria, financing to the corporate sector is holding up well, but a diverging performance among countries is likely to persist.

May 18, 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

Lam Research Expands in Austria

The U.S. company opens a new research laboratory in Villach (Carinthia) and thus makes a clear commitment to its Austrian operations.

May 18, 2012

Strong Increase in Austrian FDI

Only in 2007, Austrian investors made more investments abroad. Last year, FDI totaled € 22bn.

May 14, 2012

Hungarian Bank Tax May be Abolished

The extraordinary bank tax in Hungary will be halved in 2013 and deleted in 2014, the government said. Austrian banks are relieved.

May 10, 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

Austria Tries to Adapt its Image

In order to attract foreign investors, Austrian companies are attempting to amend the country’s image. Instead of tourism and culture, the industrial sector and the expertise should be underlined.

April 13, 2012

Competitiveness: Austria Among Top Five

Concerning its competitiveness, Austria ranks fifth among the 27 EU members.

April 6, 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

FDI: Cautious Optimism in Slovakia

Austrian and German investors are still optimistic concerning Slovakia´s economy. The majority expects a slight acceleration of Slovakia´s economy growth.

April 3, 2012

Strong Rise in Foreign Direct Investment

According to Austrian Business Agency (ABA), total investment increased by 34%. 1,822 new jobs were created.

March 30, 2012

Macedonia: Austria Still the Biggest Investor

Foreign direct investments of € 303m entered Macedonia last year, said the National Bank of Macedonia. The biggest investor in Macedonia is still Austria with € 77.21m.

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

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

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

Meeting between Saudi Monarchy and Austrian Embassy

The Austrian ambassador presented Investment opportunities to Saudia Arabia´s Prince Alwaleed.

March 20, 2012

Austria Is Largest Investor in Turkey

In 2011, Turkey recorded $ 15.7bn in foreign direct investments, which is a rise by 74%.

March 20, 2012

Foreign Direct Investment in Austria Increasing

In 2011, a moderate decline in new enterprise settlements was registered. Investments grew by 34%.

March 8, 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
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