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Austrian Business Climate Survey in Kosovo 2013/2014

25. February 2014

Advantage Austria – Commercial Office Prishtina together with the Kosovo Chamber of Commerce present the results of the first Austrian Business Climate Survey among Austrian companies in Kosovo. The three top priorities of Austrian companies regarding the Kosovo Government are reduction of bureaucracy, fight against corruption and investor security.

Advantage Austria – Commercial Office in Prishtina conducted the first business climate survey among Austrian companies established in Kosovo. The survey was conducted from November 2013 to the end of January 2014. The target group was managing directors of Austrian companies in Kosovo. The response rate was quite high (58%).

According to the latest official statistics of the National Bank of Kosovo the total amount of Austrian direct investment in Macedonia amounts to 143.3 Mio. EUR (by the end of 2012) Austria is thus one of the biggest investors in Kosovo . Austria is ranked No. 6 followed by Turkey, Switzerland, Slovenia, Great Britain and Germany. More than 40 Austrian companies with Austrian capital are established in Kosovo.
Core Findings of the Survey
• Austrian companies in Kosovo are predominantly active in the services sector.
• Austrian companies are relatively pessimistic about the general economic situation in Kosovo, however with a more optimistic outlook for 2014.
• Regarding their own sector and economic situation, Austrian companies are more optimistic; many of them will invest more and hire more employees in 2014.
• Austrian companies assess the attractiveness of Kosovo as a destination of foreign direct investment predominantly as satisfactory.
• Regarding the framework conditions, the largest differences between expectations and reality are in fields like fight against corruption, investment promotion and the qualification of employees. With the process of issuing licenses, flexibility of the labor law and the quality of local suppliers, Austrian companies are relatively satisfied
• The three top priorities of Austrian companies regarding the Kosovo Government are reduction of bureaucracy, fight against corruption and investor security.

The detailed results can be found in the results summary in the download section.


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