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More foreign firms invest in Austria

Xinhua,February 23, 2018 Adjust font size:

VIENNA, Feb. 22 (Xinhua) -- A total of 344 foreign companies had invested in Austria last year, involving a combined investment of 724 million euros (893 million U.S. dollars), local media reported on Thursday.

Rene Siegl, with the government-affiliated Austrian Business Agency (ABA), said the number of foreign firms represented a year-on-year increase of 7.7 percent from a year ago, according to the Austrian Broadcasting Corporation (ORF).

The number of foreign companies was the highest since the agency was launched 35 years ago, according to Siegl.

Just over a third of the new offices had their headquarters in Germany, while companies originating in Italy, Slovenia, and Switzerland made up eight percent each. Enditem

 

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