Austria's economic upswing: Historical deal strengthens Vienna as a location!

Austria's economic upswing: Historical deal strengthens Vienna as a location!

Laimgrubengasse 10, 1060 Wien, Österreich - A historical moment for the Austrian economy! Through one of the largest transactions in the history of our country, the Borouge Group International is creating a world market leader in the field of chemistry with its headquarters in Vienna. Economic Minister Wolfgang Hattmannsdorfer described this new red-white-red sensational deal as a strong signal that brings trust in Austria and secures jobs. "It is a major negotiation for our country," said this important step to strengthen competitiveness, while Austria is in a recession in the third year in a row, such as ots.at reports .

With the merger of OMV and ADNOC, a company is created of unimaginable value - an estimated $ 60 billion, the fourth largest largest polyolefine company worldwide. The innovation competence and the technological know-how of both companies will be crucial for the future of domestic business location. Edith Hlawati, head of ÖBAG, emphasizes that this transaction represents one of the most important corporate policy decisions in the history of the OMV. The Austria location is therefore not only attractive, but is also underlined by a double -duplicitist on the Vienna Stock Exchange.

new leadership in the Chamber of Commerce

While the economy is changing in Austria, Wolfgang Hattmannsdorfer, as the new general secretary of the Austria Chamber of Commerce (WKÖ), takes over a key role from January 1, 2025. President Harald Mahrer emphasizes the need for a strong advocacy, especially in times of shortage of skilled workers and reduction in bureaucracy. With his many years of experience and strategic foresight, Hattmannsdorfer brings a fresh perspective to the WKÖ in order to strengthen the competitiveness and performance -friendliness of the Austrian economy. He sees it as his task to set the course for a comeback of performance and growth, with the Chamber of Commerce playing a central role, as reports WKO.AT .