Michael Otter

Born Global Academy: Initiative of the Austrian Federal Chamber of Commerce

Internationalization is high on the agenda of many Austrian startups. According to Start-up-Monitor, 80 percent planned to export their business model this year. The Born Global Academy was launched last year by Aussenwirtschaft Austria and weGrow International offers an internationalization program for startups.

October 3, 2022

Vietnamese Business Delegation in Vienna

The Chairman of the Vietnamese National Assembly, Vuong Dinh Hue, and a high-ranking business delegation recently attended a business forum in Vienna with the Austrian Chamber of Commerce (WKÖ) Vice-President Richard Schenz. The forum included discussions about the dynamic Vietnamese economy and why it is an ideal location for Austrian companies and investors to diversify in Asia.

September 22, 2021

Austria Connect Greater China: Digital Transformation and Tomorrow's Customers

The Austrian Chamber of Commerce in Hong Kong hosts the largest Chinese-Austrian networking event in Asia.

October 22, 2019

US Termination of the Iran Agreement: Major Effects on Austrian Exports Expected

The Austrian Federal Economic Chamber fears that the Trump decision will have a massive negative impact on the Iran business of Austrian companies. It will probably be extraordinarily difficult in the future to establish the necessary payment channels for legitimate transactions.

May 17, 2018

Trump's Iran Deal Withdrawal Increases Uncertainty for Austrian Companies

Austrian companies react in a wait-and-see manner. The withdrawal of the US from the Joint Comprehensive Plan of Action (JCPOA) with Iran means in practice that the suspension of sanctions will no longer be extended. Considerations range from an immediate halt to activities in Iran to the longest possible active participation within the new sanctions framework. It is unlikely that Austria's exports will reach the 300 million euro mark of the previous year.

May 11, 2018

Austria's Largest State Visit to China Imminent

Austria's largest state visit to China to date is about to take place. Four ministers will travel to China from 7 to 12 April with President Van der Bellen and Chancellor Kurz. 170 Austrian companies with a delegation of around 200 people are also on board. The expectation is high that various agreements between Chinese and Austrian companies will be signed.

April 3, 2018
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