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Austrian investors look forward to economic turnaround

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Austrian companies and banks continue to remain strongly committed to their development plans in Romania, representatives of major Austrian companies and banks agreed at Business Arena's Austria - Romania Roundtable Business Conference and Awards 2011 last night. While the total volume of Austrian investment in Romania amounts to over nine billion Euro, business leaders, bankers and officials with the Austrian Embassy got together to discuss and share their views on the latest economic trends and challenges. At the end of this lively meeting, some of the companies and banks present at the event received awards for their efforts and achievements in this difficult economic context.
Held in partnership with Raiffeisen Bank, Trainart, Volksbank Romania, BauMax Romania, Asigurarea Romaneasca - Asirom Vienna Insurance Group, Julius Meinl and Billa, the 2011 edition of this annual business conference was hosted by the JW Marriott Bucharest Grand Hotel.

The winners of this year's Austria - Romania Roundtable Business Conference and Awards 2011 are:

MOST DYNAMIC BANK
Raiffeisen Bank Romania
...recognizing superior planning and strategy reflected in its development of new lending products and operations in times of recession.

BEST INSURANCE COMPANY IN TIMES OF RECESSION
Asigurarea Romaneasca - Asirom Vienna Insurance Group
...for its strong consolidation of insurance services and client base in a difficult economic backdrop.

FASTEST RETAIL CHAIN DEVELOPMENT
bauMax Romania
...for its excellent development strategy and visionary approach

MOST ROBUST BEVERAGE SERVICE DEVELOPMENT FOR THE HOTEL AND CATERING INDUSTRY
Julius Meinl Romania
...for its strong consolidation of hotel and catering services and client base.

http://www.businessarenamagazine.ro/austrian-businesses-need-more-predictability-950.html

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