By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Where Your Profits Grow Sky High.

IFC Opens New Regional Office in Vienna to Expand Operations in Europe and Central Asia

IFC opening ceremony © Enrique Manzano

The new IFC office has been established with the support of the Federal Ministry of Finance of Austria and will significantly strengthen the World Bank Group’s presence in ECA. It will host about 70 IFC staff with investment, advisory, and support functions under the leadership of IFC’s Director for the ECA region, Wiebke Schloemer.

Austrian Federal Minister Hartwig Löger stressed at the opening ceremony that with the addition of an IFC office, Vienna becomes one of the most important locations within the European Union for World Bank institutions. The government of Austria and Austrian companies have been long-term partners of IFC in the ECA region. Since 2005, IFC has invested over $837 million with Austrian companies to support projects in IFC’s operations globally. Ninety-six percent of these projects are in the region, particularly in the infrastructure and financial sectors. With the new office, IFC joins other international organizations that have chosen Vienna for regional hubs, such as the Organization of Security and Co-operation in Europe and several United Nations organizations, including the United Nations Industrial Development Organization. IFC has a $10 billion investment portfolio in ECA and 76 active advisory programs. Our work is focused on supporting competitiveness and diversification, strengthening the financial sector, improving infrastructure, and responding to demographic challenges.

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • AAIC - Applied Artificial Intelligence Conference

    24.05.2022 - 25.05.2022, Online

  • Connect Day

    31.05.2022, Wien, Österreich

Austria Map

Find the perfect location for your company

The "mental closeness" of Austria to its neighbours is an important advantage for establishing new business contacts.

Ericsson Austria

Logo
More testimonials

news from the business location Austria

SAP Innovation Award 2022 granted to a software for energy communities

Each year SAP honours innovative software solutions through its renowned SAP Innovation Award. This year’s winners from the energy sector not only include the major players such as Netze BW GmbH, Avangrid, Engie and Bbox, but also a consortium in the DACH region which is pressing ahead with the energy transition on the basis of energy communities. It consists of the Swiss software producer Exnaton, the German SAP integrator best practice consulting and the Austrian utility Energie Burgenland.

The New Business Support Act
(Neugründungs-Förderungsgesetz - NeuFöG)

The New Business Support Act was translated to English. Read about the most important changes or get the entire translation.

More news All blog posts