2. Austria the Business Hub of Central Europe Martina Madeo
ADVANTAGE AUSTRIA Brussels
Cercle Munster Luxemburg, 09/11/2017

3. Contents ADVANTAGE AUSTRIA – Who are we?
Austria – Reliable and solid business environment
Austria – The Bridge to New Markets
Austria and Luxembourg – strong partners 3

4. Contents ADVANTAGE AUSTRIA – Who are we?
Austria – Reliable and solid business environment
Austria – The Bridge to New Markets
Austria and Luxembourg – strong partners 4

5. ADVANTAGE AUSTRIA – Who are we?
ADVANTAGE AUSTRIA is the Internationalization and Innovation Agency of the Austrian Federal Economic Chamber
Operates in more than 70 countries worldwide
Encourages international activities by identifying business opportunities abroad.
Supports cross-border commercial activities.
Globally positions Austria as an attractive business location and a reliable business partner. 5

6. Contents ADVANTAGE AUSTRIA – Who are we?
Austria – Reliable and solid business environment
Austria – The Bridge to New Markets
Austria and Luxembourg – strong partners 6

7. Economic Growth 2009 – 2018

8. Economic Growth 1996 – 2018

9. Private Consumption 2009 – 2018

10. Capital formation 1996 – 2018

11. Source: Statistics Austria, WIFO, **) outlook
Austrian Exports 2010 – 2017
Source: Statistics Austria, WIFO, **) outlook 11

12. Source: Statistics Austria
Austrian Exports - Top Export Markets 2016
Mill. EURO
Source: Statistics Austria 12

13. Foreign Direct Investment In- and Outbound 2006 – 2016
Source: OeNB 13

14. Inflation rate 2007 – 2018

15. Unemployment rate 2007 – 2018

16. Public-sector deficit 1995 – 2018

17. Contents ADVANTAGE AUSTRIA – Who are we?
Austria – Reliable and solid business environment
Austria – The Bridge to New Markets
Austria and Luxembourg – strong partners 17

18. Heart of Europe and Gateway to the East
European Union Area: 4,3 m. sq.km.
Population: 510 m.
GDP: EUR 14,815 bn.
Member States: 28
Official Languages: 24 18
Source: ABA, Eurostat

19. East-West Business Interface
EU foothold for CEE companies
CEE headquarters for Western companies
Seize benefits at the interface
No longer a one-way street: CEE companies are looking for an EU base
Numerous business location advantages 19

20. Investment Champion in the CEE Region Long tradition
Investment Champion Austria
CEE Junior Executives “Made in Austria” 20

21. More than 300 International Companies…
…including 28 “Fortune 500” corporations make Austria the preferred location for CEE headquarters.
Proximity to the target market
Infrastructure
Productivity and motivation
Stability
Tax advantages
Quality of life 21

22. Contents ADVANTAGE AUSTRIA – Who are we?
Austria – Reliable and solid business environment
Austria – The Bridge to New Markets
Austria and Luxembourg – strong partners 22

23. Exchange of goods, services and investments
AT->LU: 153 Mill. €
LU->AT: 260 Mill. €
Services
AT->LU: 466 Mill. €
LU->AT: 395 Mill. €
Investments
AT->LU: Mill. €
LU->AT: Mill. € 23

24. Trade Relations with Austria24

25. TOP 3 services from Austria to Luxembourg financial services
transport services
tourism
from Luxembourg to Austria
insurance services 25

26. Austria and Luxembourg – what do we have in common?
strong presence of SMEs in our countries guarantee dynamism, flexibility and the ability to adapt
German as a language unites us
Stability, quality and reliability are common values
power to innovate and know-how 26

27. Any questions? Please do not hesitate to contact me! Martina Madeo
ADVANTAGE AUSTRIA Brussels