Austrian wine is proving increasingly in the world wine market. On the International Wine-Growers Day in Großriedenthal, Austria, this week hundreds of producers gathered to discuss further export opportunities, particularly in East Asia. Despite a low yield throughout the course of the year the last two years have seen record exports of wine from Austria […]
The Austrian National Bank (OeNB) said today (Fri) it expected the Austrian economy to grow by 2.1 per cent year on year.OeNB announced only in June that the countrys economy could improve by 1.8 per cent in 2011 compared to this year.The banks latest estimation is also more optimistic than recent predictions by Austrias leading […]
The Austrian economy will develop better than the Eurozone average, the Organisation for Economic Co-operation and Development (OECD) has predicted.The international organisation said today (Fri) that the Austrian gross domestic product (GDP) will grow by two per cent annually between this year and 2012.The OECD added it expected the Eurozones economy to grow by just […]
The Austrian trade industry is showing signs of recovery as exports and imports soared year on year in April.Statistik Austria announced today (Fri) foreign trade businesses reported a 13.6 per cent improvement in export rates last April compared to the same month of 2009. This improvement follows a 9.6 per cent year on year plus […]
The US Ambassador to Vienna has encouraged Austrian firms to invest in the USA.William C. Eacho said at a Vienna business event hosted by the Austrian Economy Chambers (WKO) Foreign Trade Department (AWO) yesterday (Thurs) that the US economy would continue to recover.”(US President Barack) Obamas long-term reforms will bring the country back on track […]
There have been 1,400 new Austrian exporters since the inception of Go International initiative in April 2009.The figures were revealed by Dr Christoph Leitl and Reinhold Mitterlehnerfrom the Austrian Ministry of the Economy and the Austrian Federal Chamber of Commerce (WKÖ) at the opening of the 8th Austrian Export Day of the Austrian Foreign Trade […]