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WKO Austrian Federal Chamber of Commerce

Basel III: Leitl Demands Adaptation for SMEs

The implementation of Basel III should take business financing into account, for which reason national support measures are necessary for capital strengthening of small businesses.

April 5, 2011

Leitl Demands Reduction of Public Debt

The President of the Austrian Economic Chamber sees potential for efficiency in the administration, as well as in the health and pension system

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

Leitl Promotes Green Electricity Amendment

The Economic Chamber President welcomes the initiative of the Minister of Economy: green electricity is promoted, reduced the backlog of planned investments.

March 24, 2011 · Updated: March 24, 2011; 01:34

Economic Chamber: Austria's Economy in Distress because of ÖBB-Structuring

"Significant price increases and deterioration of rail services will lead to shift of traffic to roads."

March 24, 2011 · Updated: March 24, 2011; 00:49

WKÖ: No EU Interference in Tariff Negotiations

The President of the Austrian Economic Chamber expects no interference from Brussels in domestic collective agreement negotiations.

March 22, 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

Leasing Business Boom in Austria

Because of capital requirements and rigid lending conditions, leasing gains in importance as a financing alternative.

March 18, 2011

Opportunities for Austrian Medical Technology in the UK

An Austrian study showed Austrian buinesses the opportunities offered by the British market: Austrian exports increased by 15% in 2010.

March 17, 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

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

Significant Savings Potential by the Administration

Efficiency potential in public expenditure of over € 500 million. Felderer: "Significant savings potential”.

March 11, 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

Economic Chamber Demands Redeployment of "Manual Workers Regulation" in Favor of Research

The Austrian Economic Chamber presented a list of demands to the federal government. Critics say it is to no purpose.

March 10, 2011

Leitl Favors EU Financial Transaction Tax

The President of the Austrian Economic Chamber says: "The EU Parliamen has taken an important step towards EU financial transaction tax"

March 10, 2011

Austria's Businesses Satisfied with Government Research Initiative

The strategy of the Federal Government regarding RTI (Research, Technology and Innovation) is an important step for the location Austria, according to the opinion of the Economic Chamber.

March 9, 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

Demand for Minimum Wage meets with Hostility

The proposal by the Minister for officials, Gabriele Heinisch-Hosek, to introduce a minimum wage of € 1300, is mere populism, according to the Economic Chamber.

March 8, 2011

Leitl: "Research Support Should Be Pushed Now!"

The President of the Austrian Economic Chamber (WKÖ) speaks in favor of increasing the research bonus.

March 5, 2011

Austria as Central Europe’s Logistics Hub

Austria's transport industry shows optimism. The employment situation is expected to improve still further.

March 1, 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

Leitl Fears Falling Back behind Asia

During a state visit to Singapore the President of the Austrian Economic Chamber (WKÖ) again urges the Austrian government to undertake reforms.

February 24, 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

Kazakhstan as a Chance for Foreign Trade

Austrian Economic Chamber promotes further development of economic relations with Kazakhstan.

February 23, 2011

WKÖ: "Clear Commitment to the Brenner Base Tunnel is Needed”

The chairman of the Austrian Economic Chamber considers the tunnel between Italy and Austria as a pioneering infrastructure project.

February 23, 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

Austrian Economic Chamber criticizes Pension System

The Premium Model of the Economic Chambers rewards working longer instead of early retirement.

February 17, 2011

Jank: Vienna Leads in Company Start-Ups

Almost 8,000 enterprises founded in 2010, a quarter of all Austrian start-ups, comes from Vienna.

February 10, 2011

Property Restoration Provides Hopes for Growth and Employment

With the release of € 400m for thermal rehabilitation, five times as much is to be generated in sales. Up to 80% of this amount stays in Austria.

February 10, 2011

Leitl Urges to Invest in the Future

Despite consolidation needs, the government has to invest more in education, research and innovation, says the President of the WKÖ.

February 4, 2011

Leitl Demands Support for Brenner Tunnel

The President of the Austrian Economic Chamber considers the Brenner Tunnel infrastructure project as crucial for the business location Austria.

February 2, 2011

New Advance for Baltic-Adriatic Corridor

The Carinthian Economic Chamber supports the information campaign of Governor Gerhard Dörfler in favor of the Baltic-Adriatic Corridor.

February 2, 2011

WKÖ Celebrates 40 years of Diplomatic Relations between Austria and China

The Austrian Economic Chamber stresses the relevance of China for Austria's foreign trade in the context of the anniversary.

January 27, 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

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

WKÖ Expects further Rise in Energy Prices

Due to the economic recovery, the Austrian Economic Chamber forsees further increases in oil prices. However, there also exists some saving potential.

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

Slight Decline in Furniture Exports

Austria's furniture industry shows itself cautiously optimistic despite a slight decline in exports and expects production increases.

January 18, 2011

Austria's Trade Deficit with China Shrinks

Thanks to the rising export figures, the trade deficit in the traditionally negative balance with China is declining.

January 13, 2011

WKÖ endorses policy of the European Commission

The Austrian Economic Chamber welcomes the focus of the EU Commission on structural reforms, consolidation of public finances and competitiveness.

January 13, 2011

Leitl Urges Implementation of Reform Plans

The President of the Austrian Economic Chamber shows himself pleased by the economic data 2010 and urges the continuation of educational and administrative reforms.

January 3, 2011

Austria's Minister of Social Affairs Wants to Extend the Years of Employment

Rudolf Hundstorfer wants to see older workers work longer, and is trying to get the consensus of businesses.

December 31, 2010

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

Leitl Demands Reforms

The President of the Austrian Economic Chamber calls for more Government work in administration, health and education.

December 29, 2010

Tourists from Russia Increase

The number of Russian guests in Austria continues on the rise. A double-digit growth might even be possible again.

December 28, 2010
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