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WKÖ on Mongolia: "A Country with Development Potential"
The Austrian Economic Chamber sees a huge trade and investment potential for the domestic economy in the sparsely populated country.
April 21, 2011
Cargo-Partner Invests 21.5 Million Euro in Slovakia
The Austrian shipping company cargo-partner sets up a logistics center in Slovakia. The first phase - a 7,300 m² large warehouse of 30,000 square meters - will be finished in early 2012.
April 13, 2011
Cineplexx Expands
The Austrian cinema operator intends to establish itself in Croatia. A location in the capital was already functioning, and two more have been added now.
April 12, 2011
Hirsch Servo Opens New Plant in Romania
Expanding its eastern and southeastern European production network, the HIRSCH Servo Group is setting up another operation in Oradea/Romania. Production at the site will total some 600 tonnes of packaging material a year.
April 6, 2011
Southeastern Europe as a Region of Hope for Austria
Great interest of Austrian companies at the Austria Foreign Trade Forum on Export and Investment Opportunities in Southeastern Europe
April 2, 2011
Mitterlehner: New Modernization Partnership Concluded with Russia
Minister of Economy: Investment opportunities for companies boost exports to Russia: innovations and new technologies as growth drivers.
April 1, 2011
Falkensteiner Builds in Serbia and Slovakia
The Austrian developer of tourism projects is expanding in the CEE region. The premium segment in the hotel industry is to be strengthened.
March 31, 2011
Romania's Premier: "Sale to OMV was a Huge Loss"
Prime Minister of Romania Emil Boc regrets the 2004 sale of the then government owned Petrom to Austria's OMV.
March 30, 2011
Mitterlehner Intends to Expand Economic Relations with Malaysia
A work meeting was held in Vienna with the Malaysian counterpart. New export opportunities exist primarily through eco-innovation.
March 30, 2011
Foreign Capital Inflows Make a Comeback to CEE
Foreign direct investments picked up by 9% in CEE; Czech Republic scored best in attracting FDIs, says Erste Group.
March 30, 2011
The Black Sea Region is Gaining in Significance for the Austrian Economy
Austria's sound foreign economic relations with the Black Sea region could be strengthened still further. The export structure of Austria is consistent to a large extent with the import demand of Ukraine and Turkey.
March 25, 2011 · Updated: March 25, 2011; 03:52
Disaster in Japan Stops Exports
Current events in Japan have an impact on foreign trade. About 70 Austrian companies are affected.
March 18, 2011
Bulgaria: EVN Thermal Power Plant Almost Completed
The project of the Lower Austrian energy company EVN in Bulgaria will go into operation still this year.
March 17, 2011
Bosnia is a Promising Market for the Austrian Construction Industry
The Bosnian government invests in highway construction and energy: Austria is a top foreign investor in Bosnia-Herzegovina
March 16, 2011
Lenzing: Demand is Greater than Capacity
The Upper Austrian pulp producer finds it difficult to cope with the growing demand. Further works are planned.
March 15, 2011
Austria Intends to Participate in World Bank Projects
AWO has been leading companies to international financial institutions: the World Bank annually awards about $ 70bn in loans for development projects
March 15, 2011
WKÖ Leads Austrian Education Exporters to China
WKÖ Secretary-General Hochhauser: Hong Kong continues being the gateway to China; Austrian exports rose to over € 500m.
March 12, 2011
AWO Presents Business Opportunities for Austrian Companies in China
Big opportunities in consumer goods & lifestyle, plastics and automotive industries were informed in Vienna, Linz and Graz by Außenwirtschaft Österreich (AWO, Foreign Trade Austria).
March 11, 2011
Leitl: "Austria Continues as Top Investor in Bulgaria"
Bulgarian President Parvanov for economic talks at the WKÖ: Foreign trade volume between Bulgaria and Austria amounts to € 900m.
March 9, 2011
Mitterlehner: Further Expansion of Economic Relations with Colombia
Meeting with Colombia's Vice-President Garzón: New Memorandum of Understanding on economic cooperation is planned.
March 4, 2011
WKÖ: Development Plan for North Africa
Given the dramatic situation in North Africa, Christoph Leitl, President of the Economic Chamber (WKÖ) pleads for a ‘European Marshall Plan'.
March 1, 2011
Mixed Results for Investors in Bosnia
The outlook for 2011 is positive. Last year, however, was difficult for Austrian companies in Bosnia-Herzegovina.
February 25, 2011
Kazakhstan as a Chance for Foreign Trade
Austrian Economic Chamber promotes further development of economic relations with Kazakhstan.
February 23, 2011
Agrana Expands in Russia
The Austrian sugar and starch company invests € 27.6m in fast-growing Russian market.
February 23, 2011
Libya: Withdrawal of Austrian Companies
Most Austrian companies are getting their employees out as the result of violent riots in Libya.
February 22, 2011
Austrian Economic Chamber pursues contacts in New Zealand
A business delegation led by WKÖ President Leitl visits New Zealand and Australia to strenghten economic relations.
February 22, 2011
Austrian Economic Chamber in Singapore
The Austrian Economic Chamber’s delegation pursues contacts with potential partners during the state visit of President Fischer.
February 22, 2011
Business Climate Improves in Eastern Europe
According to the Austrian Kontrollbank (OeKB), the Business Climate Index has risen in Eastern Europe for the seventh consecutive time.
February 9, 2011
Investments in Renewable Energies in the CEE are booming
According to a study by TPA Horwath, Austrian companies will expand massively their involvement in the field of renewable energies in the CEE region.
February 4, 2011
Germany: Largest Investor in Austria
Based on the number of new companies settling in Austria, Germany is the largest investor. More than 40% of the new arrivals come from the northern neighbor.
January 25, 2011
"Conversations about the Future" between Austrian and Canadian IT companies
The Austrian IT industry, motivated by Canadian success models, intends to strengthen its role in the domestic economy significantly.
January 22, 2011
Expansion of Cooperation Between Kazakhstan and Austria
Cooperation with the Kazakhstan Development Bank intends to boost economic relations with the third-largest CIS trading partner.
January 22, 2011
Hungary: Calls for Boycotts against Foreign Companies in Hungary
A Hungarian initiative demands that 13 foreign companies be boycotted, including Austrian OMV
January 18, 2011
OMV Pulls its Staff out of Tunisia
Due to the recent developments in Tunisia, the Austrian OMV pulls back to a large extent. The cardboard manufacturer Mayr-Melnhof stays on.
January 18, 2011
Turkish Electricity Market Threatens to Collapse
The increasing energy demand in Turkey is facing a lack of infrastructure. Austrian Verbund will expand its investments.
January 13, 2011
CEE Economic Growth Forecast: 3.8% in 2011
According to UniCredit, especially Turkey, Poland, Czech Republic and Estonia will bounce back impressively due to stronger industry and domestic demand.
January 13, 2011
Growth in Austria's Foreign Trade and Direct Investment
Austria's goods, services and capital transactions abroad grow strongly, a sign of solid recovery.
January 13, 2011
Rapid Increase in Exports to Emerging Markets
The Austrian export economy can benefit massively from the solid demand from Asian and South American emerging markets.
January 12, 2011
R&D: High Activities of Austrian Firms with Foreign Co-Investors
The OECD publishes its Science, Technology and Industry Outlook 2010 for Austria. 23% of R&D expenses are funded from abroad.
January 4, 2011
Special Tax: Hungary Under Fire
Especially the Austrian economy criticizes the Hungarian special tax on large companies. The EU Commission has already started an investigation.
January 4, 2011
Billion Worth Qatar Holding Explores Investment Opportunities
The Austrian economy expects closer relations and potential export opportunities as the result of the state visit of the Emir of Qatar.
December 30, 2010
Good Prospects for Austrian Exports
The outlook for 2010 is favorable after the sharp decline of Austrian goods exports in the crisis year 2009 (-20.2%), .
December 29, 2010
Economic Chamber in Tokyo: Biotechnology as an Opportunity
The President of the Vienna Economic Chamber, Brigitte Jank, sees above all great opportunities for Austria in Japanese biotechnology and pharmaceutical industries.
December 6, 2010
Trade Between Russia and Austria is Booming
The volume of trade between Austria and Russia has increased by 30%. Innovation and modernization are core issues for both countries.
December 6, 2010
Expansion Potential of Austrian Pharmaceutical Industry in Japan
Japanese pharmaceutical companies need new products and international cooperation. An opportunity for local companies.
December 1, 2010
Globalization Study: Vienna Among Top 20 Cities
New York remains at the top of the ranking of the "Global City Index 2010" by A.T. Kearney. Vienna stays unchanged at 18th place.
November 30, 2010
Is the Austrian Industry still competitive?
The chief economist of the Industriellenvereinigung (IV), Christian Helmenstein, draws a sobering picture on the future of the domestic industry.
November 26, 2010
WKÖ Promotes Trade With Developing Countries
The Economic Chamber Austria presents its strategies to strengthen Austrian companies in order to take advantage of business opportunities in developing and emerging countries more effectively.
November 23, 2010
Solid Growth inTrade Between Austria and the Czech Republic
Exports between the two countries rise by around 20%. Cooperation is to be extended also to research.
November 22, 2010
CEE: Catch-Up Process Starts Again
After the growth break caused by the economic crisis, Eastern Europe is back on the upswing. However, the catch-up process has been delayed by years.
November 22, 2010
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