ECONOMIC DEVELOPMENT OF RUSSIA AUSTRIAN-RUSSIAN BUSINESS RELATIONS

Transcription

1 ECONOMIC DEVELOPMENT OF RUSSIA AUSTRIAN-RUSSIAN BUSINESS RELATIONS

2 BASIC FACTS Area (km²): Russia: Austria: ,77 GDP(bio. EUR) : Russia: 1.576,2 Austria: 418,0 Population (Mio.): Russia: 146,8 Austria: 8,8 * 2017 (Source EIU)

3 DEVELOPMENT OF RUSSIAN ECONOMY GDP-Growth (real, ) 5,2% 4,5% 4,0% 3,7% 1,8% 0,8% 1,5% 1,7%* 1,8%* ,8% -0,2% -7,8% * Schätzung/Prognose Source: EIU 3

4 STRONG EFFECTS OF ENERGY PRICES Russian GDP-Growth and Developmenrt of Crude Oil prices ( ) 10,0% 8,0% 6,0% 4,0% 2,0% 0,0% -2,0% -4,0% -6,0% -8,0% -10,0% 8,5% ,2% Source: EIU, BOFIT, Prognosis 5,2% -7,8% 4,5% GDP-growth (real, in %) 4,0% 3,7% 1,8% 0,8% -2,5% Crude oil price USD/Barrel 42 1,5% ,7%

5 SPECIAL DEVELOPMENTS IN RUSSIA Since 2013 lower consumer expenses Russian economy downward trend 2014 caused by Ukraine-Crisis and Sanctions Lower crude Oil prices Devaluation of Ruble Extension of EU-Sanctions until 2019 US-Sanctions with effect on non-us-persons 5

6 SPECIAL DEVELOPMENTS IN RUSSIA Import substitution and localization Preferential treatment of local tenderers North-Stream 2, Turkish-Stream and Sila Sibirii World Expo candidate Yekaterinburg 2025 Orientation to Asia pros and cons for Russia? Chinese companies invest in Russia Investments from Korea, also increasing from Taiwan Special economic zones and promotion of the Far East

7 DEVELOPMENT BILATERAL TRADE AUSTRIA-RUSSIA 2012 peak year of bilateral trade - EUR 7,28 Mrd peak year of Austrian exports - EUR 3,48 Mrd Austrian exports fell by 46 % since 10/2016 -exports increase again: 2017 Export +16,1 %, Import +12,3 % Russia is 17th most important trading partner of Austria 2018 January August: Export -2,7%, Import +10,9% Trade Volume Austria-Russia ( , in Bio. EUR) Σ ,32 Σ ,33 2,55 2,94 3,19 3,48 3,19 Quelle: Statistik Austria Σ 7.28 Σ ,09 3,18 Σ ,29 Σ 4.42 Σ ,44 2,46 Σ ,77 1,98 1,88 2,18 Σ 3, Jan- Export Import Jul 2,06 1,39

8 TRADE AUSTRIA - RUSSIA Most important export goods: Machinery (incl. electronic, transport equipment), Pharmaceuticals Most important import goods: Mineral Fuels, Metal & Metal goods, Wood (products) 12% 9% 33% 8% 9% 21% 83% 26% Machines & equipment (incl. electronics, car & train equipment) Pharmaceutical products Others Metal and metal goods Groceries Mineral fuels Metals & metal goods, wood Others

9 500 AUSTRIAN COMPANIES IN RUSSIA FDI 6 BIO. EUR St. Petersburg and Oblast Durisol Hoos HandelsgesmbH Magna Mayr-Melnhof Holz Pskow Tanngroup Archangelsk Pulp Mill Holding GmbH Smolensk Voestalpine Shuya Egger Nizhniy Novgorod Magna Collini Syktyvkar Mondi OMNYA Eastern Europe Management GmbH Vladimir und Region Greiner Packaging Senoplast Klepsch Wienerberger (Kiprevo) Kazan FACC Wienerberger Kaliningrad Hipp Moskau and Region Agrana (Serpuchov) Backaldrin (Novoe Stupino) EVN (Moskau und Ljuberzy) Julius Blum GmbH (Domodedovo) Kronotec Consulting GmbH (Egorievsk) Murexin AG (Dubno) Kaluga MACO Magna Krasnodar Constantia Packaging Tambov Isoroc Tschaplygin Hawle Armaturenwerke Saransk Knill-Gruppe Wolgograd Benda-Lutz GmbH Ufa Lasselsberger GmbH Kronotec

10 ADVANTAGE AUSTRIA Internationalisation Agency for the Austrian Economy Encourages international activities by identifying business opportunities abroad. Supports cross-border commercial activities. Globally positions Austria as an attractive business location and a reliable business partner. 10

11 EVENTS 2019 Round-Table Irkutsk in Vienna January 14 Group Exhibition at Interplastica in Moscow January 29 February 1 Austria Showcase Agrartechnology in Ufa March Group Exhibition Education and Career in Moscow March Day of Russian Regions in Vienna March 25 Trade Mission & Business Council in Moscow April Incoming Mission Interalpin in Innsbruck May 8-10 Austria Showcase Health Technology in Moscow May Group Exhibition at Wire Russia in Moscow June Group Exhibition at Innoprom in Ekaterinburg July 8-11 Trade Mission Ural/Sibirien October Group Exhibition at Woodex in Moscow December

12 Thank you for your attention! Michael ANGERER Regionalmanager Eastern Europe/Central Asia, AUSSENWIRTSCHAFT AUSTRIA WIEDNER HAUPTSTRASSE VIENNA, AUSTRIA P +43 (0) F +43 (0) AUSSENWIRTSCHAFT.OSTEUROPA@WKO.AT Rudolf LUKAVSKY Head of ADVANTAGE AUSTRIA Moscow STAROKONYUSHENNY PEREULOK PCI-2 MOSCOW, RUSSIAN FEDERATION P F MOSKAU@ADVANTAGEAUSTRIA.ORG