AUSTRIA 2021
INTERVIEW
ERIKA TEOMAN BRENNER, COMMERCIAL COUNSELLOR, EMBASSY OF AUSTRIA
GETTING BACK ON A POSITIVE TRACK The Austrian companies operating in Serbia have managed the pandemic and its economic fallout very well. Furthermore, we are also pleased to report that there are a few new companies from Austria that have expressed interest in investing in Serbia in the very near future. We are therefore convinced that Serbia will continue to be an attractive investment location
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t cannot be said that we are over the pandemic, but good news is definitely on the horizon. In this interview, Erika Teoman Brenner, Commercial Counsellor at the Embassy of Austria in Belgrade, shares some reasons for optimism. To summarise, she says that we can expect the upward trend in bilateral trade and investments to continued.
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However, we mustn’t allow figures reflecting an upsurge to deceive us - further reforms to improve the business climate are still very much needed. According to your poll conducted in late 2020, despite the reduced turnover among 40% of the surveyed companies that operate in Serbia, 30% still planned to
invest even more over the next 12 months. Has that optimism been maintained throughout 2021? It is too early to make a final assessment of the investment expansions this year, but based on the information we receive from our companies, we can confirm that the Austrian companies operating in Serbia have managed the pandemic
