*) Where your profits climb to the top Austria * Austria Business Location Austria Peter Ch. Löschl ABA – Invest in Austria April 2013 Folie 2 ABA-Invest in Austria Opportunities are our business Advisory services for international investors Owned by the Republic of Austria 25 expert staff International network Offices in New York, Tokyo, Shanghai Folie 3 Turntable Austria: Success in new geographies… … nach • West-Europe • Southeast-Europe • South-Europe • East-Europe Austria • Neutral Location • Multilingual population St. Petersburg • Know-How of countries • Financing • Enormous Taxadvantages Folie 4 Vienna Airport – Leading Hub to / from CEE and SEE Austrian Airlines: 23 countries 42 destinations 646 flights per week Quelle: Vienna Airport 2012 Folie 5 East-West Platform in the Heart of Europe Austrian service companies provide special (South) Eastern European know how Carriers Banks Tax advisors Lawyers Folie 6 Attractive for More than 300 Regional Headquarters Global HQ Folie 7 Vienna: HQ-Location for international organizations & Top Conference City Vienna: Only UN headquarters in the EU UN organizations in Vienna: UNCITRAL, UNODC, UNIDO, UNIDIR, CTBTO, UNHCR, OIOS, IMOLIN, etc 30 HQs of international organizations in Vienna More than 14,000 international staff and diplomats (UN) are living in Vienna Leading conference city (according to ICCA study) Skilled HQ staff available Folie 8 HQ Locations in Comparison Number of regional headquarters Slovakia 3 Czech Rep. 13 Poland 16 Hungary 17 Austria Source: Wolf Theiss, Headquarters Austria, September 2011 303 Folie 9 Top Investor: Austrian FDI in CEE and SEE Percentage of total investment in resprective country and Austria‘s rank as an investor, 2011 Source: Austrian Ministry of Economy, respective national banks Folie 10 You know Austria like this … Folie 11 You Are Investing in an Industrial Country Production sectors as percentage of GDP, 2010 29,2 Austria 27,8 Germany Japan 27,3 Switzerland 27,2 24,7 EU-27 23,7 Netherlands 21,3 USA 21,8 UK France Source: OECD, Eurostat 18,8 Folie 12 Austria – Facts 2012 8.4 m inhabitants GDP Growth: 0.8% GDP/Capita: 33,283€ Inflation: 2.4% Sources of GDP Agrar: 1.5% Industry: 29.2% Services: 69.3% Folie 13 11.5% of Austrians with Migration Background Germany Already naturalized Foreign citizens Serb, Mont, Kos 226,882 208,947 Turkey 185,592 Bosnia-Herz. 132,661 Romania 74,639 Croatia 69,859 Poland 63,197 Hungary 45,589 Czech Rep. 44,209 Italy 30,017 Slovakia 28,510 Russia 27,916 Source: Statistics Austria 2012 Folie 14 Versatile Work Force More than 11% of Austrians have a migration background language competencies intercultural skills University of Economics, Vienna: 25% of the 24,000 students are foreigners Austrian management know how is sought after internationally Siemens, Time Warner, Roche, Deutsche Bank, MAN, Air Berlin Folie 15 Motivated Workforce 10=Motivation of staff is high 8,05 Switzerland 1 Denmark 2 7,76 Austria 3 7,73 Germany 5 7,39 Japan 7 7,35 7,17 Netherlands 10 6,55 USA 20 6,07 Belgium 27 5,87 Czech Rep. 30 5,78 UK 31 Italy 41 5,2 Polamd 46 5,08 Hungary 47 5,03 France 50 Source: World Competitiveness Yearbook 2012 4,78 Folie 16 Highly productive employees Unit labor costs 2010, Germany = 100 Japan USA Czech Rep. 73 76 84 Netherlands 86 Austria 87 Finland 87 Sweden Belgium Germany Denmark Italy France UK Source: IW Köln 2012 90 98 100 102 107 113 115 Folie 17 Moderate Taxation on Corporate Profits Maximum taxation on profits 2012 in % Ireland 12.5 Czech Republic 19 Hungary 19 Poland 19 Slovakia 19 Slovenia Austria Netherlands UK Germany Italy France Source: PricewaterhouseCoopers 20 25 25.5 27 29.8 31.4 34.4 Folie 18 Austria‘s R&D Expenditures Grow above Average Percentage of GDP 2,9 2,7 Germany Austria 2,8 2,5 2,3 2,1 1,9 EU-27 1,7 1,5 1998 2000 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Source: Eurostat Folie 19 COMET – all Centres in Austria Industrial Clusters Folie 20 Unmatched Quality of Life Maximum = 10 Switzerland 1 9,76 Austria 2 9,65 Norway 3 9,45 Denmark 4 9,42 9,28 Germany 7 Netherlands 10 9,09 France 17 8,16 USA 19 8,13 7,77 Japan 21 UK 24 7,48 Czech Rep. 25 7,33 Italy 27 7,19 5,26 Poland 39 Hungary 53 4,05 Source: World Competitiveness Yearbook 2012 Folie 21 ABA-Invest in Austria Your contact in Austria: Mag. Birgit Reiter-Braunwieser Director CEE Tel.: +43 1 588 58 52 b.reiter-braunwieser@aba.gv.at KommR Peter Ch. Löschl Tel.: +43 1 588 58 52 E-Mail: p.loeschl@aba.gv.at www.investinaustria.at Folie 22