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AUSTRIA: FDI INFLOWS SLUMP IN 2004


Press Release
For use of information media - Not an official record
UNCTAD/PRESS/EB/2005/006
AUSTRIA: FDI INFLOWS SLUMP IN 2004

Geneva, Switzerland, 6 October 2005

FDI inflows to Austria (PDF) declined from $7.4 billion to $4.9 billion in 2004, due primarily to reduced inward equity investment, which fell by nearly half from $7.8 billion in 2003 to $3.8 billion in 2004. However, stocks of inward and outward investment continue to rise. The European Union (led by Germany, the Netherlands and Sweden) continues to be the main source of FDI flows into Austria. In 2001, there was a total of 935 Austrian TNCs, employing 282,286 people.

National investment profiles are being published online as they become available, based on each country´s reporting schedules. The profiles, which are part of UNCTAD´s World Investment Directory, provide quick electronic access to the latest statistics on foreign direct investment (FDI) and the operations of transnational corporations (TNCs). They also include statistical definitions and sources, a listing of relevant national laws and regulations, information on bilateral and multilateral agreements and a bibliography of the country concerned.