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Bright prospects for Austrian exports

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21. June 2011

Increasing exports and investments by leading Austrian companies

Austrian companies are facing the current and upcoming economic climate very optimistically. According to the most recent business forecasts the number of incoming orders is steadily increasing. The Austrian Economic Chamber does expect the value of exports to amount to 125 billion Euro in 2011, a growth of 14% compared with the level of the previous year. In 2012 the growth rate is expected to be 9,1%. A very important component is the successful business relationship with Germany on the one hand and the positive outlook for the emerging markets in Asia.

The currently published ranking of the largest Austrian companies listed on the stock exchange is headed by OMV , the domestic oil- and gas group with a sales volume of approx. 23 billion Euro. With some distance the Porsche Holding , one of Europe´s biggest automotive trading enterprises, holds the second position with a turnover of 12,8 bn. Position 3 and 4 are taken by Strabag , a worldwide active construction business with strong focus in Eastern Europe and by REWE International AG , operating in the retail industry with a turnover of 12,4 respectively 11,8 billion Euro.