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Foreign Trade
Trade with the Czech Republic Is Booming
Austrian companies increased their exports to the country by 32% in the first quarter of the year. In 2010, Austria was the biggest foreign investor.
June 9, 2011
Strong Growth in Foreign Trade in the First Quarter of 2011
Austrian imports and exports increased by 22% in the first three month of the year. In March, trade volume amounted to more than € 11bn in both directions.
June 7, 2011
OeKB Facilitates Austro-Russian Projects
A recently signed agreement will increase the cooperation between OeKB and Russian Vnesheconombank.
May 27, 2011
Exports on Track for New Record
New highs of Austrian exports are expected in 2011 and 2012. The growth rate was 24.2% in the first two months of the year.
May 26, 2011
Romania Offers Export Opportunities for Austria's Environment Industry
18 top Austrian companies active in the areas of environmental technology and renewable energies are present in Bucharest.
May 12, 2011
Austria's Energy Industry Considers the U.S. as a Promising Market
The U.S. market offers opportunities for Austrian technology in solar systems, pellet stoves, biogas, biomass and software to control wind turbines
May 10, 2011
Strong Rise in Foreign Trade Figures
January to February 2011: Austrian imports increased by 26%, exports rose by 24%.
May 9, 2011
Austria's Export Are Heading for Another Record Year
Exports grew by 24% to € 18bn in the first two months of 2011, continuing to be a crucial pillar of the Austrian economy.
May 7, 2011
Austria's Current Account: Net Income 2.7% of the GDP
Austria's current account achieved a surplus of € 7.8bn or 2.7% of the GDP in 2010. The domestic economy was thereby able to prove its high competitiveness.
May 5, 2011
Capital Transfers Still Below Pre-Crisis Level
Austria's financial transactions with foreign countries continue to be influenced by the aftermath of the crisis: investment in foreign securities has increased only slightly (€ 6.4 bn).
May 5, 2011
Leitl: "Austria was the Largest Investor in Turkey in 2010"
WKÖ President Leitl pointed to the intense economic links between the two countries during the state visit of Turkish President Abdullah Gül to Austria.
May 4, 2011
Sharp Drop in Exports to Japan is Expected
Exports are expected to return to a normal level only by 2012. Renewable energy technologies could be particularly important.
May 3, 2011
Mixed Results for Agricultural Output
2009/10: Good supply with food and animal feed of crops - 7.6% of foreign trade volume is made by agricultural products. Production of wine and cereals decreases, oil seeds, fruits and vegetables rises.
April 30, 2011
Austria's Soybean Production is Booming
According to the Ministry for the Environment, the area of domestic soybean planting and the harvest have increased by one third in 2010.
April 29, 2011
WKÖ Considers Nevada as Optimal Trading Partner
Nevada is diversifying towards renewable energies: huge opportunities for Austrian companies are expected.
April 29, 2011
Austria´s Economy Performed Better than EU-average During Crisis
The Vienna Institute for International Economic Studies (wiiw) has just published a study, which quantifies trade-related transmission mechanisms of the global drop in investment demand and output to recession in Austria.
April 28, 2011
Eastern Europe as Growing Market for Austrian Wine Exports
Around 80% of the Austrian wine exports are going to Germany. However, growth rates in Russia and Poland are surprisingly high.
April 23, 2011
Texas Offers Opportunities for Austria's Energy Industry
Texas imports goods for US$ 614m from Austria. There are prospects for growth in wind and solar energy above all other areas.
April 22, 2011
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
Sales Increase of 7.4% for Intersport
Sales of Intersport Austria-group grew by 7.4% to € 667.7m (2008/2009: € 622m) in the financial year 2009/2010.
April 20, 2011
Austria's trade as a Job Creation Engine
77,000 jobs were created by trades and crafts in the last eight years. The manufacturing industry lost 17,000.
April 14, 2011
Resch &Frisch - Expands to Italy
The baked goods producer was able to increase its sales in 2010 again. The market is to be expanded to the south.
April 13, 2011
Austrian Construction Industry Aims at the Czech Republic
Despite the current downturn in the Czech construction market, the Economic Chamber presently recommends making use of the traditionally good relations with the Czech Republic.
April 13, 2011
Leitl: Export Year 2011 Started in a Fulminant Way
Exports increased in January by 26%; the target for the full year is to achieve the pre-crisis year’s record export volume of € 117bn.
April 9, 2011
Environmental Technology Industry in the Czech Republic Holds Hopes for Austrian Companies
The neighboring country, despite making progress, continues to lag behind in energy efficiency and environmental technology.
April 9, 2011
Central Asia as a Region of the Future for the Austrian Export Business
The Austrian Federal Economic Chamber (WKÖ) sees excellent delivery and investment opportunities for the domestic economy in Central Asia.
April 6, 2011
Forecast: Austria's Economic Growth in 2011 at 2.5%
The upswing in the first half year continues mainly due to strongly growing exports. A flattening of growth is expected after this.
April 2, 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
AWO: "Great Italian Interest in Austrian Steel Know-How"
Foreign Trade Austria (Außenwirtschaft Österreich, AWO), sees good opportunities for domestic firms in Italy's steel industry.
March 31, 2011
Mixed Results for Crafts and Business Enterprises
Austria's business establishments are struggling especially with strong price pressures. Growth is moderate.
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
Bene Intensifies Activities in Asia and Australia
The Austrian office furniture manufacturer expands foreign operations. International sales are now conducted by Søren Trampedach.
March 30, 2011
Economic Growth at 3.5% in the First Months of 2011
The Austrian economy is expanding relatively strongly, driven by the robust external demand.
March 26, 2011 · Updated: March 27, 2011; 00:00
Increase in sales for OeKB Versicherung
After the crisis of 2009, the export insurer OeKB Versicherung AG recorded a significant increase in sales last year.
March 26, 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
Austria's Export Industry Grows Strongly
Driven by external demand, the Austrian economy shows a growth of 2.7% compared with the previous year.
March 23, 2011
Andritz: Order from Finland
The Austrian technology company Andritz supplies a biomass boiler island for Hämeenkyrön Voima, Finland.
March 22, 2011
Austria's Agricultural Exports Continued to Rise in 2010
Ministry of Agriculture: "Success of export initiative and focus on quality of domestic agriculture”.
March 19, 2011
Awards for Austrian Products at British Food Fair
Economic Delegate Karabaczek: Austrian food producers scored in product innovation and top-quality in the UK.
March 19, 2011
Disaster in Japan Stops Exports
Current events in Japan have an impact on foreign trade. About 70 Austrian companies are affected.
March 18, 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
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
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
Österreichische Kontrollbank: "There are no Failures to be Feared"
Despite the unpredictable political and economic consequences of the turmoil in the Arab, OeKB Member of the Board Rudolf Scholten consideres that there will be no failures.
March 12, 2011
Rise in Austrian Exports by 21.0%
January to December 2010: imports considerably above, exports just below € 110bn.
March 12, 2011
2.7% Economic Growth Due to Exports
Austria's GDP increased compared with the previous year by 2.7%, stimulated mainly by exports and material goods production.
March 11, 2011
Moderate Rise in Turnover for Austrian Service Industry
Austrian service enterprises have overcome the economic crisis: Turnover increase of 3.3% in 2010, employment activities booming
March 10, 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
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