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SME

Mixed Results for Crafts and Business Enterprises

Austria's business establishments are struggling especially with strong price pressures. Growth is moderate.

March 30, 2011

Search for SME Owners in Austria

Almost one-fifth of domestic SMEs will be looking for new owners in the next decade. 57,000 businesses and 500,000 jobs will be affected.

March 29, 2011

Austrian SME as New Target for Bank Austria

In total, € 13.2bn of new loans could be granted at Bank Austria in Austria in 2010 (corresponding to an increase of 19.3 percent as compared to 2009)

March 29, 2011

Lack of Venture Capital for Austrian Companies

The Ministry of Economy considers providing funds for start-ups. The Israeli concept serves as a model.

March 10, 2011

FPÖ Intends to Establish Itself as an Economic Party

In an interview with the "Wirtschaftsblatt", FPÖ chairman Heinz-Christian Strache says that the party wishes to address entrepreneurs more strongly in future.

March 3, 2011

Optimism in Austria's Creative Industries

Creatives wish to go new ways to support SMEs with creative services. The economic and technical network is to be intensified.

March 3, 2011

Tightening of Credit Policy Expected

The new Basel III rules will result in a tightening in lending, especially for small and medium-sized enterprises.

February 25, 2011

Leitl Demands More Support for SMEs

The Small Business Act must be also implemented at national level in a sustained way, says the President of the Austrian Economic Chamber.

February 24, 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

Mitterlehner Wishes to Push SMEs and Venture Capital

The Austrian Minister of Economy launches an initiative with the aim of doubling the venture capital of Austrian companies to € 400m.

February 4, 2011

Erste Bank to Expand its Corporate Customer Business

Business with local companies is set to grow twice as fast as the Austrian market. Share for SME business set to rise from 24 to 33% in the next 3 years.

January 28, 2011

Shortage of Skilled Labor in Medium-sized Enterprises

According to a report by Ernst & Young, the growth of two out of every three Austrian companies is hindered by the lack of qualified personal.

January 26, 2011

Viennese Economic Chamber Demands Tax Relief for SMEs

The President of the Viennese Economic Chamber, Brigitte Jank, presents a three-stage relief model for small and medium-sized enterprises.

January 20, 2011

Demand to Unburden Business Founders

The Austrian Economic Chamber demands the creation of tax and corporate law unburdening for company founders.

January 19, 2011

Slow upward trend in Austria's trade and handicrafts

For 2010, KMU-Forschung Austria expects slight sales increases. Support for research projects will be supported in future.

January 13, 2011

Austrian SME as a Source of Innovation

Austria's small and medium enterprises are, according to the Small and Medium-Sized Business report, the main driver for innovations.

January 7, 2011

RLB OÖ Records Substantial Growth

Raiffeisenlandesbank Oberösterreich experiences a 11.8% increase in operating profits. Cost-Income ratio further decreases.

December 31, 2010

aws Has Expansion Plans

The state-owned SME financing agency aws will double its fund volume to € 160 million, and extend its investments.

November 25, 2010

Food Industry Under Pressure

Above all, lack of capital and high labor costs are plaguing Austrian food producers.

November 24, 2010

Procurement: Economy Welcomes Extension

Economic Chamber President Christoph Leitl welcomes the planned extension of the threshold values regulation by one year as an important growth impulse

November 16, 2010

Fabasoft Announces Figures for the First Half of 2010

Fabasoft AG announces preliminary Group figures for the first half of the fiscal year 2010/2011. Slight losses are expected.

November 12, 2010

Equity Ratio of SME has Increased to Around 25%

According to the Austrian Institute for SME Research, the equity ratio for SME grows. Large companies, however, are faced with declining equity ratios.

November 9, 2010
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