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September 30, 2022

EUR 9.4 bln, Austrian investments in Romania until 2012

The bilateral economic relation between Romania and Austria have thrived in the past year exports and imports, reaching more than EUR 3 bln and the Austrian investment in Romania totaled EUR 9.4 bln until 2012, said Rudolf Lukavsky, Commercial Counselor Austrian Embassy in a press conference which marked the commercial relations between Austria and Romania – Austria Show Case (ASC), an event dedicated to Austrian food and beverage products. At the moment there are 6,300 Austrian capital firms and were created 100,000 jobs. This places Austria on the second place in the top of the foreign investments in Romania, right after The Netherlands. BILLA Romania is one of the leading Austrian companies in Romania: since 1999 when it opened its first store, the company has opened 66 units around the country and has created over 3,600 work places. BILLA Romania, part of the German group Rewe, plans to open at least five stores by the end of the year and to get to 71 units nationwide, said Sorana Georgia, General Manager BILLA Romania. The most preeminent sectors for Austrian investments were resources, agriculture, industry and services, as shown in a report issued by the Commercial Section of the Austrian Embassy in Bucharest. (A.B.)

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