Folie 1 - Vienna Economic Forum

Economy is the Motor
FDI Trends – Austria and SEE
Birgit Reiter-Braunwieser
ABA-Invest in Austria
Vienna Economic Talks
June 18, 2013
Folie 1
CEE/ SEE:
FDI Growth above Average
FDI inward stock – as a percentage of GDP
140
Montenegro
Bulgaria
Slovakia
Croatia
Macedonia
EU
Bosnia-H
Ukraine
Austria
Slovenia
World
Turkey
120
100
80
60
40
20
0
1995
2000
Source: UNCTAD, World Investment Report 2014
2002
2004
2006
2008
2010
2012
2013
Folie 2
Top Investor:
Austrian FDI in CEE and SEE
Percentage of total investment in respective country and Austria‘s rank as
an investor, 2013
27,3
Croatia 1
21,6
Slovenia 1
17,9
Bosnia-Herz. 1
16,2
Romania 2
13,9
Serbia 1
13,2
Slovakia 2
11,4
Czech Rep. 3
11,8
Bulgaria 2
Macedonia 2
10,5
Albania 3
8,1
Hungary 4
7,8
Ukraine 5
Poland 10
3,2
2,8
Montenegro 11
2,2
Russia 11
2,0
Source: Austrian Ministry of Economy, respective national banks
Folie 3
Trends in Austrian FDI: Slight Decline
in NMS – Small Increase in SEE
FDI stock ranked by countries, 2008 and 2013
Austria
Others
Others
Austria
France
Cyprus + Russia
France
Cyprus + Russia
USA
USA
NMS
Germany
Germany
NMS
NMS - 11
Luxemburg
Luxemburg
Other EU-15
Other EU-15
Netherlands
Netherlands
Austria
Others
Austria
France
Others
France
Germany
Germany
Luxemburg
Cyprus + Russia
Cyprus + Russia
Luxemburg
USA
SEE - 7
USA
NMS
Netherlands
NMS
Netherlands
Other EU-15
Source: Vienna Institute for International Economic Studies, 2015
Other EU-15
Folie 4
No One-Way-Street Anymore
Number of subsidiaries in Austria
Serbia
73
Turkey
84
Ukraine
2
Bulgaria
1
135
135
Croatia
2001
2014
167
Romania
7
Slovenia
5
169
253
Russia
11
Slovakia
10
Hungary
13
377
526
Source: Firmen-Compass
1096
Folie 5
CEE/ SEE: Share in Austrian Inward FDI
In million €
CEE / SEE 14.27 %
CEE / SEE 0.37 %
Turkey 0.015 %
Turkey 0.011%
2006
2014
Rest of the world 99.6 %
Rest of the world 85.72 %
100% = 82,802 m €
Source: OeNB
100% = 148,937 m €
Folie 6
Sectors or Type of Investment of CEE
and SEE Companies in Austria
 Trading companies; Service companies
 Holding companies
 IT, energy, finance, metals, etc.
 Investments in tourism
 M&A
 R&D
Folie 7
Companies from CEE and SEE: Exploit the
Advantages at the Interface
 Excellent CEE / SEE as well as international know-how of Austrian
service providers such as banks, lawyers and logistics companies
 Historically matured cultural understanding of Austrians for CEE and
SEE
 High percentage of employees with CEE / SEE language
competencies / migration background
 Good traffic connections (Vienna Airport)
 Political stability, safety and security
 HQ Location Austria:
 1990’ies: Western European companies  CEE Headquarters
 2010-15: Eastern European companies  EU Headquarters
Folie 8
ABA-Invest in Austria Supports
International Companies
 Consulting company for international
investors
 Ltd. owned by the Republic of Austria
 25 staff members
 International network
 Partner agencies in the regions
provide local support
Folie 9
Typical ABA Services Provided to CEE
and SEE Companies
… consulting services provided free of charge on all
issues pertaining to Austria as a business location
 Support in setting up a company
 Site identification / real estate
 Consulting on incentives/financing
 Tax and labor issues
 Support in obtaining licenses/permits
 Organizing business contacts
Folie 10
ABA-Invest in Austria
Your Contact:
Birgit Reiter-Braunwieser
Director Central and Eastern Europe
Tel.: +43-1-588 58-52
[email protected]
www.investinaustria.at
Folie 11