* Where your profits climb to the top. Industrialized country Source: Austrian Federal Economic Chamber Production sector as percentage of GDP.

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Presentation transcript:

* Where your profits climb to the top

Industrialized country Source: Austrian Federal Economic Chamber Production sector as percentage of GDP

Austrian Business Agency  Advisory services for international investors  Government-operated  25 expert staff  International network  Offices in New York, Tokyo

ABA is contributing to  The advancement and modernization of Austria´s economic and industrial infrastructure  Technology transfer to Austria  Development of a well-balanced ownership structure in Austria´s domestic business sector

ABA is building Austria´s image  Positioning Austria as a leading industrial nation in the minds of business decision-makers  Raising Austria´s profile as a business destination, while correcting existing clichés

Facts & Figures Currently more than 3,000 inquiries and 300 projects are being worked on Results 2003  82 companies  1,275m Euro investment  1,819 jobs created

ABA projects by origin Results 2003 Germany Czech Rep. USA UK Switzerland Japan France Luxembourg Others Italy Norway

Neighbouring markets Germany: 81,2 m Czech Republic (10,3 m) GDP: +3.2% Exports +10.0% Slovakia (5.4 m) GDP: +4.1% Exports: +13.0% Hungary (10,1 m) GDP: +3.9% Exports: +10.2% Liechtenstein: 0,03 m Switzerland 7,1 m Italy: 58,1 m Slovenia (2,0 m) GDP: +3.3% Exports: +7.4% Croatia (4,5 m) GDP: +3.5% Exports: +8.2% Source: Bank Austria, forecast 2005 Austria: 8 million

Main location criteria 1.Availability of qualified staff 2.World class research facilities 3.Quality of life 4.Venture Capital 5.Costs 6.Technology landscape 7.IT infrastructure 8.Bureaucracy 9.Suppliers and partners 10.Incentives Source: Deloitte Touche Fantus

High productivity Source: Austrian Institute or Economic Research Productivity growth in manufacturing in %,

Efficient production Source: Austrian Institute of Economic Research Increase in Unit Labor Costs in %,

Investor friendly tax system Corporate tax rate: 25% from 2005 Special group taxation for corporations Attractive allowances for R&D No trade tax No net wealth tax Double taxation treaties

Moderate Corporate tax Source: KPMG; Leitner+Leitner Corporate income tax 2005 in %

Austrian Business Agency Opernring 3 A-1010 Wien Tel.: Fax: