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Success Stories of Austrian Multinational Companies in Serbia, Macedonia and Montenegro. Dr. Herbert Preclik Commercial Counsellor for Serbia, Macedonia and Montenegro. Serbia 10 Mio. Inh. 88.361 km2 Ø ~ 250 €/M. Macedonia 2,06 Mio. Inh. 25.333 km2 Ø ~ 221 €/M. Montenegro
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Success Stories of Austrian Multinational Companies in Serbia, Macedonia and Montenegro Dr. Herbert Preclik Commercial Counsellor for Serbia, Macedonia and Montenegro
Serbia 10 Mio. Inh. 88.361 km2 Ø ~ 250 €/M
Macedonia 2,06 Mio. Inh. 25.333 km2 Ø ~ 221 €/M
Montenegro 0,63 Mio. Inh. 13.812 km2 Ø ~ 300 €/M
Agenda Facts & FiguresBusiness LocationOpportunities & Potentials
GDP Growth - Serbia Source: NBS
GDP Growth - Mazedonien Source: WIIW
GDP Growth - Montenegro Source: WIIW
Inflation - Serbia Source: NBS
Inflation - Macedonia Source: WIIW
Inflation - Montenegro Source: WIIW
Unemployment - Serbia Source: NBS
Unemployment - Macedonia Source: WIIW
Unemployment Rate - Montenegro Source: WIIW
Current Account - Serbia Source: WIIW, Worldbank, SIEPA
Current Account - Macedonia Source: WIIW
Current Account - Montenegro Source: WIIW
Austrian Exports Source: Export Data Base
Automotive Components - Costs includes labor costs, property costs & utility costs Source: MIGA
Food Processing - Costs includes labor costs, property costs & utility costs Source: MIGA
Average Labor Costs - Manufacture Annual cost to employer, includes gross salary & Social Security, € Source: MIGA
Income/Wage Tax Source: SIEPA, MACInvest, MIPA
Starting a Business Source: World Bank
Investment Climate - Serbia • Investments despite political development booming (Hemopharm, Telenor) • Finalization of SAA with European Union crucial • Political struggle (Constitution, Kosovo Status)
Investment Climate - Macedonia • Little Interest /Little Investment • Steady & Sustainable growth • Political Stability & Reforms
Investment Climate - Montenegro • Conclusion of SAA with European Union very important • Political Stability after Elections • Motivation after Independence
Austrian Success Story • Banks • Insurance • Leasing • Construction • Porsche, OMV, Henkel, ATB
Austrian Success Story – Banks Total Assets (06/2006) in Mio. Euro Source: NBS
Austrian Success Story – Banks Deposits & Borrowings(06/2006) in Mio. Euro Source: NBS
Austria`s Advantage • Acceptance of Austrian Brands • Austrian Quality • Mentality and Understanding • Common History
Opportunities - Infrastructure Corridor VII & X
Opportunities • Environmental Technology • Manufacturing • Food Processing
Austrian Support • Banks • Attorneys • Insurance Companies • Tax Consultants • Austrian Embassy Belgrade – Commercial Section • Offices in Podgorica, Pristina & Skopje
Service for Austrian Companies • Market Entry • Market Support • Investment Consulting
Austrian Embassy Belgrade – Commercial Section Email. belgrade@austriantrade.org Web. www.austriantrade.org Regional Offices Podgorica, Pristina & Skopje.