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Investments

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

Austria’s Most Powerful Power Plant Inaugurated

New combined cycle gas turbine plant saves up to two million tons of CO2 annually, the Austrian energy provider Verbund says. The company expects lower results in the first half of 2012.

June 22, 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

Slow Growth in Austrian Industry

In 2012, the Austrian economy is expected to grow by 0.8%. The overall uncertainty remains, optimism in the Austrian industrial sector shrinks.

June 1, 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

Only 10% of Austrians Want to Invest in Securities

The confidence in equity markets is damaged. 62% expect the highest returns from gold and real estate. Only one out of ten Austrians are willing to buy securities.

May 24, 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

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

Austrian Economy Recovers Slowly

The Austrian Central Bank (OeNB) sees signs of a recovery. A recession is not expected.

March 20, 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

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
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