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Austrian companies and banks continue to remain strongly committed to their development plans in this country, the participants to Business Arena Roundtable While the volume of Austrian investment in Romania amounts to nearly 11 billion Euro, business leaders, bankers and officials with the Austrian Embassy got together last night to discuss and share their views on the latest economic trends and challenges.
On the occasion, Commercial Counselor Rudolf Lukavsky emphasized that Austrian companies had a strong contribution to the development of Romania’s economy and to the creation of valuable jobs in this country, with modern technology, environmentally friendly and sustainable business concepts. Lukavsky also said there were over 1,000 active Austrian investors in Romania and 6,687 companies with Austrian equity, employing around 100,000 people combined. As for the bilateral trade, he said that Austrian exports to Romania reached 1.8 billion Euro last year, while Romania exported 1.1 billion Euro worth of goods over the same period.
The night also included an award ceremony to recognize success in business and individual efforts dedicated to the development of Austrian – Romanian business ties.

Find more details, reports and photos from this annual business event in Business Arena’s upcoming print edition.


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