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BA-CA’s clear know-how advantage in complex financial solutions was rewarded by the Austrian export industry in 2006. We were able to expand our volume of Oesterreichische Kontrollbank and ERP financings. Companies took advantage of the economic upswing and intensified their investment activities especially in Austria and Central and Eastern Europe as well as in Asia. By way of the export loan scheme of the City of Vienna, BA-CA was able to offer additional financing opportunities to customers in Vienna.
The intensive economic interdependence of our core markets
The total value of foreign trade activities of companies in Germany, Austria and Italy with CEE – including Russia, Ukraine and Turkey – is € 319 bn.
Trade between CEE countries totals € 121 bn.
For comparison: Austria’s foreign trade totals € 190 bn (all figures from 2005).