ARTICLE
11 February 1998

Austria More Attractive Than Ever - Austrian Business Agency Achieves Record Yea

AB
Austrian Business Agency

Contributor

Austrian Business Agency
Austria Strategy
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One should always be careful with self-congratulation - for any number of reasons. That's why we attribute the best year in the Austrian Business Agency's history in 1997 to our "product:" Austria. The rapidly increasing tempo of liberalization and sinking unit labor costs increased the Alpine nation's attractiveness as a business destination - along with such traditional Austrian qualities as its exceptional stability, its incomparably trained workforce and the highest level of expertise vis a vis Eastern Europe in the EU.

Ever more international investors value this connection - so many in the last year, that we were able to achieve five times our average level of completed projects. Numbers of this order of magnitude outpace any mere economic upswing - and fully justify us in asserting: Austria as a business location is more attractive than ever.

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