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20.3.2020, Manchester, UK
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Austria is well known for its social stability and excellent labor relations where strikes are measured only in seconds. As a global player, reliable deliveries are a top priority for us.
As the European Investment Bank (EIB) announced, it will fund the Carinthian video streaming start-up Bitmovin with a loan of up to EUR 20 million. The money is primarily designed for research and development work.
If a business consisting of at least two people is established in Austria, it is considered to be a company. The rights and duties of the individual partners, for example the management, profit and loss sharing, agreements in the case of the death or retirement of a partner or the dissolution of the company are regulated in the memorandum and articles of association.