Der Bestand an österreichischen Direktinvestitionen in den Oststaaten hat sich innerhalb von sieben Jahren fast verzehnfacht:
von 5,0 Mrd. S 1990 auf 48,4 Mrd. S 1997. An diesem Bestand war Ungarn mit 41%, Tschechien mit 26%, Polen mit 10% sowie die
Slowakei und Slowenien mit jeweils etwa 7% beteiligt. Auf die zehn EU-Beitrittswerber entfielen 1997 93% der Direktinvestitionsbestände
in den Oststaaten, auf die fünf Beitrittskandidaten der ersten Runde 85%.
Keywords:Österreichs Direktinvestitionen in Osteuropa; Austrian FDI in Eastern Europe
Forschungsbereich:Industrie-, Innovations- und internationale Ökonomie
Sprache:Deutsch
Austrian FDI in Eastern Europe
It was not until the late 1980s that Austria began to emerge as an international investor, in consequence of ongoing and deepening
European integration and the opening of the East. Austrian companies were among the first to exploit the new opportunities
available in the CEECs after 1989, and to invest in local companies. Drawing on their information edge, they were able to
assess the risks of investing capital better and faster than their competitors. Their long-standing contacts were found to
be highly useful, especially in the first phase. The growth of FDI in Eastern Europe was further helped by innovative aid
schemes. Already in 1990, Austrian direct investments in the CEECs made up ATS 4.8 billion. The impressive start, however,
was not followed up. Until 1996, annual investment flows remained in the range of ATS 5 to 6 billion. It was only in 1997
that a new upturn was recorded (ATS 11.9 billion), which appears to have continued in 1998 (ATS 5.8 billion in the first six
months).
