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Experiences of Austrian Investors in Bulgaria. Michael Angerer Commercial Counsellor at the Austrian Embassy. Austrian Investment in Bulgaria. Total investment by end of 2011: EUR 6,1 bio. Austrian share of all FDI in Bulgaria: 16,5%
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Experiencesof Austrian Investors in Bulgaria Michael Angerer Commercial Counsellor at the Austrian Embassy
Austrian Investment in Bulgaria • Total investment by end of 2011: EUR 6,1 bio. • Austrian share of all FDI in Bulgaria: 16,5% • Austrian companies are present in all sectors of Bulgarian economy • Austrian companies employ ca. 30000 Bulgarians • Austrian companies continue investing in Bulgaria – 2011: EUR 526,5 mio. • Focus on modernisation, improvement of productivity and energy efficiency
Expectations of Austrian Investors • Ruleoflaw • Accountabilityofregulations • Facilitationof administrative procedures • Improvementofinfrastructure
Bulgaria - Upcoming Eventsorganized by the Austrian Federal Economic Chamber • Austria Showcase „Tourism Infrastructure“May 14-16, 2012 - Sofia and mountain areas • Austria Showcase „Energy Efficiency and Renewable Energy“October 24, 2012 – Sofia • General Trade Mission “Commercial agency in Bulgaria” November 7, 2012 - Sofia • Austria Showcase „Information Technology and Communication“, March 2013 - Sofia • Austria Showcase „Transport Infrastructure“,May 2013 - Sofia
Bulgaria For information about the activities of the Austrian Federal Economic Chamber in Bulgaria visit our local homepage: www.advantageaustria.org/bg Thank you for your attention!