#countryfocus | Austrian companies created over 100,000 jobs in Romania

Ovidiu Posirca 26/05/2017 | 14:09

The Austrian direct investments in Romania have reached near EUR 9 billion in 2016, being ranked among the three largest generators of FDI in the country.

According to the country’s official trade promotion organization, Advantage Austria, there are approximately 1,500 active Austrian investors in Romania and over 7,200 companies with Austrian capital.

The companies active in various sectors such as oil, banking and insurance have created more than 100,000 jobs in Romania.

The Austrian exports to Romania are worth for EUR 2.08 billion and following an ever increasing trend. If in 2015 the Austrian exports to Romania increased by 6.0 percent, in 2016 the numbers rose by 4.1 percent.

“Currently, our top priorities lie in the development of a healthy business climate and a comprehensive educational system,” said Gerd Bommer, the commercial counsellor of the Austrian Embassy, who is among the speakers of the Country Focus Community Forum, which takes place between June 13-14 in Bucharest.

Country Focus Community Forum

The Austrian investment community will have its own panel in the first day of the forum.

The event will be attended by high-level executives, entrepreneurs, officials and investors from the strongest foreign communities in Romania.

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Ovidiu Posirca | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue