Supporting you and your business in Central and Eastern Europe

BIP-Grafik

Austrian businesses were among the first to invest in Eastern European countries when their borders opened up. In the early days, the often markedly lower employment costs were an important reason to invest for the manufacturing sector. But things have moved on in recent years. Stripped of the differences in purchasing power, the CEE states by now have a per-capita GDP that equals many of the Southern European states. However, in contrast to their Southern neighbours, with one striking advantage: the trend is unambiguously upwards.

 

BIP-Grafik

Solid, sustainable economic growth and increased household incomes are transforming the region more and more away from an “extended workbench” to an attractive collection of consumer and investment markets - and thus to an important export market for Austrian business.  A further plus is that the majority of the countries are members of the EU. This gives legal security and ensures increased investment in infrastructure.

We offer our corporate customers and their international business partners the ideal support for their transactions in Central and Eastern Europe. This support includes

  • a comprehensive range of finance and hedging instruments to facilitate international trade,
  • a wide spectrum of tailored trade, export and supply chain finance solutions.
  • These can also be tailored to underpin internationalisation strategies targeting expansion into global procurement, production and sales markets.

We can advise, support and provide finance on a major scale for foreign investments (FDIs) made by international corporations as part of locating their business activities in Central and Eastern Europe, thereby making a long-term contribution to dynamic economic development in “Emerging Europe”.

Your contact persons

Patrick Götz
Head of Corporate Flow Products
patrick.goetz@erstegroup.com

Robert Konrad
Head of Transaction Banking Sales
robert.konrad@erstegroup.com

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