Austria interested in investing in Belarus' financial sector

Austria interested in investing in Belarus' financial sector

Austria is interested in investing in the financial sector of Belarus.  

Today, representatives of business circles of that country gathered at a joint business forum in Minsk.

The meeting was attended by representatives of about 20 Austrian companies. They represent such spheres as construction, energy, finance, petrochemical, and consulting.

In Belarus, there are more than a hundred companies with Austrian capital. The volume of investments from that country to Belarus is about $500 million.

Johann Gudenus, Vice-Mayor of Vienna (Austria):
We have great interest in investing in Belarus. The main goal for me is to lay the basis for relations between the businessmen of the two countries. And I will be very happy if we get some specific contracts by the end of the day.

Vladimir Ulakhovich, Deputy Chairman of the Belarusian Chamber of Commerce: 
Belarusian products with the help of Austrian trading companies get to markets of third countries. This is about $400 million. We need to use this potential and these opportunities. That is, Austria is interesting for us as a technology carrier, as an investor and since we have positive experience. And this is a country that gives us the opportunity to work on the large European market, in the European Union market.