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iconannual 2017 - The European Business and Investment Magazine "Brand together"
iconannual 2017 - The European Business and Investment Magazine
"Brand together"
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Issue 2017<br />
Official Magazine of iconvienna _ The European Business and Investment Forum<br />
presented by 2017<br />
BRAND TOGETHER
VALUE TO<br />
BRANDS<br />
Foto: fotolia.com<br />
Europe’s independent brand & IP institute<br />
www.europeanbrandinstitute.com
iconvienna<br />
Editorial<br />
BRAND<br />
TOGETHER!<br />
KR DI Dr. Gerhard Hrebicek<br />
President iconvienna<br />
Editor<br />
ıconvıenna<br />
ınvestments for europe<br />
Foto: Katharina Schiffl<br />
Gemäß dem diesjährigen Konferenzschwerpunkt<br />
„Brand together“, stehen heuer „Marke und Intellectual<br />
Property“ im Mittelpunkt. Am Vortag<br />
der iconvienna, dem “World Intellectual Property<br />
Day”, findet das Initial Meeting des „Brand Global<br />
Council for Value and Sustainability“ statt. Daher<br />
wird das diesjährige Forum zum Brand Forum, mit der<br />
Möglichkeit Erfahrungen zum Thema Marke auszutauschen<br />
und interessante Diskussionen zu führen.<br />
Das renommierte internationale Forum hat in den<br />
letzten Jahren seine Horizonte und Ost-West Beziehungen<br />
von Nord- und Lateinamerika über West-, Zentralund<br />
Osteuropa bis nach China erweitert. In diesem<br />
Sinne freuen wir uns, wieder zahlreiche Vertreter von<br />
Ost bis West beim diesjährigen Forum willkommen zu<br />
heißen.<br />
Mein besonderer Dank geht auch dieses Jahr wieder<br />
an die Stadt Wien und den Bürgermeister Dr. Michael<br />
Häupl für seinen Ehrenschutz. Ich möchte mich auch<br />
bei unseren weiteren Partnern Wirtschaftskammer<br />
Wien und Österreich, Ministerien und Botschaften,<br />
Vertretern von Regionen, Städten, Unternehmen, Medienpartnern<br />
sowie bei allen unseren Beiratsmitgliedern<br />
und dem European Brand Institute für die gute<br />
Zusammenarbeit im Rahmen der iconvienna sowie der<br />
vierten Publikation des iconannual bedanken.<br />
Für die Zukunft wünsche ich Ihnen gute Beziehungen.<br />
Nutzen Sie dieses Magazin ganz nach unserem<br />
Motto “MAKE CONTACTS TO CONTRACTS“!<br />
Viel Spaß beim Lesen!<br />
According to the main topic of the conference<br />
„Brand together“, the focus is on “Brand and Intellectual<br />
Property” this year. The initial meeting<br />
of the “Brand Global Council for Value and<br />
Sustainability” will take place on the day before the<br />
iconvienna – the “World Intellectual Property Day” and<br />
so we made this year’s forum a brand forum to give the<br />
opportunity to share experiences about brands and to<br />
hold interesting discussions.<br />
This prestigious international forum has expanded<br />
its horizons and East-West relations from North and Latin<br />
America to Western, Central and Eastern Europe and<br />
to China in recent years. In this spirit, we are pleased to<br />
welcome numerous representatives from East to West at<br />
this year’s Forum.<br />
I would particularly like to thank the city of Vienna<br />
and the Mayor Dr. Michael Häupl for his patronage. I<br />
would also like to thank our partners Austrian Federal<br />
Economic Chamber, Vienna Chamber of Commerce and<br />
Industry, ministries and embassies, region and city representatives,<br />
companies, media partners as well as our<br />
council members and the European Brand Institute for<br />
the good cooperation in terms of iconvienna and the<br />
fourth publication of the iconannual.<br />
For the future I wish you successful relationships!<br />
Use this magazine according to our motto: “MAKE<br />
CONTACTS TO CONTRACTS“!<br />
Enjoy reading!<br />
The European Business and Investment Magazine iconannual 3
THE NEW RECIPE FOR SUCCESS FOR SMES -<br />
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The Cashback Solutions’ service and marketing modules offer SMEs<br />
the opportunity to reach out to and look after both loyal and new<br />
customers in a cost and time efficient manner. Additionally they<br />
can benefit from thousands of new Members that have signed up to<br />
Lyoness in the course of numerous sport cooperations (such as with<br />
MotoGP, SK Rapid and Österreichische Sporthilfe) and turn them<br />
into their loyal customers with the help of the Cashback Solutions.<br />
Further information is available at<br />
cashback-solutions.com<br />
MORE CUSTOMERS. MORE BENEFIT.
BRAND TOGETHER<br />
Forewords 7<br />
Greetings 18<br />
Embassies of the Dominican Republic, Argentinia, Cuba, Venezuela,<br />
Colombia, Guatemala, Costa Rica, Paraguay, Uruguay, Slovakia,<br />
Romania and Bulgaria<br />
International Partners 44<br />
Brand Global Council<br />
UNIDO<br />
European Commission<br />
Central European Initiative<br />
European Fund for Strategic Investments<br />
Global Impact Investing Foundation<br />
Leitbetriebe<br />
Patentamt<br />
Select USA<br />
Innovation 64<br />
Novomatic<br />
Lyoness<br />
Elk<br />
Institute of Science and Technology Austria<br />
Future Cities 64<br />
Österreichischer Stadtebund<br />
Austrian Institute of Technology<br />
MA 23 – Wirtschaft Arbeit und Statistik<br />
International Finance & Projects 78<br />
Kommunalkredit Austria<br />
SummerLight Capital Partners<br />
Lansky, Ganzger + partner<br />
Branding 86<br />
Coverfoto: istockphoto.com<br />
China Council for Brand Development (CCBD)<br />
Technical Committee 066<br />
Bobby J. Calder<br />
European Brand Institute<br />
iconvienna<br />
Women Leadership Forum<br />
Sports for Life<br />
Brand Life Award<br />
Imprint: Publisher/Proprietor: maX iconvienna GmbH | 1010 Wien | Börsegasse 9 | A-1010 Vienna | Tel +43 1 532 1000 23 | Fax +43 1 532 1000 30 | Email office@icon-vienna.net | www.icon-vienna.net;<br />
Design & Layout: „Der Herr Bertl“ OG | 1220 Wien | Maria-Tusch-Straße 8/1/14 | office@derherrbertl.at; Print: Print-Sport Handels GmbH & CoKG | Ared Straße 20 | 2544 Leobersdorf | office@print-sport.at;<br />
Responsible for the content: maX iconvienna GmbH; Disclaimer: The publisher assumes no liability for the accuracy of the contents and the copyright to the photos. Typesetting and printing<br />
errors reserved. iconannual is the official medium of iconvienna and supports the networking concept of this platform.<br />
The European Business and Investment Magazine iconannual 5
WO<br />
RLD<br />
CLASS<br />
PART<br />
NERS<br />
www.advantageaustria.org<br />
ADVANTAGE AUSTRIA is the official Austrian trade promotion<br />
organisation of the Republic of Austria. With its more than 110<br />
offices in over 70 countries, provides a broad range of intelligence<br />
and business development services for both Austrian companies<br />
and their international business partners. Our 800 employees<br />
and 35 consultants around the world can assist you in locating<br />
Austrian suppliers and business partners. We organize more<br />
than 1,200 events every year to bring business contacts together.<br />
Other services provided by ADVANTAGE AUSTRIA offices range<br />
from introductions to Austrian companies looking for importers,<br />
distributors or agents to providing in-depth information on Austria<br />
as a business location and assistance in entering the Austrian<br />
market.
iconvienna<br />
Foreword<br />
Make contacts<br />
to contracts!<br />
KR Dr. René Alfons Haiden<br />
Chairman iconvienna<br />
ıconvıenna<br />
ınvestments for europe<br />
Die iconvienna findet heuer zum<br />
13. Mal statt und ist längst ein<br />
geschätztes Umfeld für hochkarätigen<br />
Erfahrungsaustausch.<br />
Wie in jedem Jahr, werden auch heuer<br />
wieder Experten und Entscheidungsträger<br />
aufeinander treffen und über<br />
aktuelle Themen und Trends diskutieren.<br />
Neben dem essentiellen Networking,<br />
fördert die Plattform auch<br />
die Zusammenarbeit zwischen Unternehmen<br />
und Vertretern aus über 50<br />
verschiedenen Ländern.<br />
Dieses Jahr freue ich mich zudem<br />
über die vierte Herausgabe des iconannual<br />
– The European Business<br />
and Investment Magazine. Auch diese<br />
Ausgabe bietet wieder interessante<br />
Einblicke in spezielle Themenbereiche.<br />
Neben diversen Fachbeiträgen,<br />
handelt das Magazin unter anderem<br />
von internationalem Business, immateriellen<br />
Vermögenswerten, Städten<br />
als Knotenpunkte für Wachstum und<br />
vielem mehr.<br />
Ich wünsche allen Partnern und<br />
Teilnehmern der iconvienna viel Erfolg<br />
und gute Unterhaltung!<br />
Iconvienna is taking place for the<br />
13 th time this year and it already is<br />
a highly-rated platform for Top-Level<br />
Business Networking. Top experts<br />
and decision makers meet this<br />
year again and discuss current topics<br />
and trends. Beside the important<br />
exchange of know-how provided by<br />
iconvienna, it also fosters cooperation<br />
between companies and representatives<br />
from more than 50 countries.<br />
I am very happy to hear about<br />
the fourth publication of iconannual<br />
– The European Business and Investment<br />
Magazine. This year’s issue<br />
offers interesting insights in international<br />
business, intangible assets,<br />
cities as hubs for growth and many<br />
more.<br />
I wish all partners and participants<br />
a successful forum!<br />
Foto: Haiden<br />
The European Business and Investment Magazine iconannual 7
8 iconannual The European Business and Investment Magazine<br />
Foto: istockphoto.com
City of Vienna<br />
Foreword<br />
Willkommen in Wien!<br />
Welcome to Vienna!<br />
Dr. Michael Häupl<br />
Bürgermeister und Landeshauptmann von Wien<br />
Mayor and Governor of Vienna<br />
Foto: Stadt Wien/PID, Fotograf Ian Ehm<br />
Mit der iconvienna liegt Wien<br />
auch heuer im Fokus von<br />
Fragen und Problemstellungen<br />
in den Bereichen<br />
Wirtschaft und Information. Diese<br />
Veranstaltung, die bereits zum<br />
dreizehnten Mal stattfindet hat<br />
sich zu einem der bedeutendsten<br />
Foren unter dem Motto „Brand Together“!<br />
entwickelt. Unternehmern<br />
und Projektplanern aus dem zentraleuropäischen<br />
Raum und Russland<br />
haben in Wien, in der Mitte<br />
der Region, die Möglichkeit die<br />
Kontaktmöglichkeiten zu fördern<br />
und zu entwickeln.<br />
Die Konferenz leistet ihren Beitrag<br />
zur wirtschaftlichen Zusammenarbeit<br />
in Europa und ist in<br />
Zeiten von momentanen globalen<br />
Machtverhältnissen von Bedeutung,<br />
ja von sehr großer Bedeutung.<br />
Wien ist dafür geeigneter<br />
Veranstaltungsort, da schon immer<br />
Dreh- und Angelpunkt zwischen<br />
Ost und West. Wir sind eine Stadt<br />
des Dialoges.<br />
Als Bürgermeister und Gastgeber<br />
für die Stadt Wien freue<br />
ich mich sehr über die abermalige<br />
Wahl unserer Stadt als Veranstaltungsort<br />
dieses hochkarätigen<br />
Forums. Ich wünsche allen Teilnehmerinnen<br />
und Teilnehmern<br />
interessante aber auch informative<br />
Tage in Wien – und bitte genießen<br />
sie auch unsere schöne Stadt.<br />
The European Business and Investment Magazine iconannual 9
10 iconannual The European Business and Investment Magazine<br />
Foto: Landeshauptstadt St. Pölten/Werner Jaeger
Lower Austria<br />
Foreword<br />
iconvienna − eine der<br />
bedeutendsten<br />
Businessplattformen<br />
Foto: BMI/Alexander TUMA<br />
Mag. Johanna Mikl-Leitner<br />
Landeshauptfrau von Niederösterreich<br />
Governor of Lower Austria<br />
Eine der bedeutendsten Wirtschafts-<br />
und Businessplattformen<br />
im Herzen von Europa<br />
– dabei kann es sich nur<br />
um die iconvienna handeln. Seit<br />
Jahren wird das Business Forum<br />
erfolgreich von Meinungsbildnern,<br />
Führungskräften und Unternehmern<br />
aus Österreich, Europa und<br />
auf der ganzen Welt besucht, um<br />
Ideen, Unternehmen und Regionen<br />
zu verknüpfen. Dabei kann jeder<br />
Teilnehmer/jede Teilnehmerin<br />
sein/ihr persönliches Netzwerk an<br />
Kontakten ausbauen und neue interessante<br />
Personen aus der Branche<br />
kennenlernen. Aber auch wir, das<br />
Land Niederösterreich profitiert<br />
von den Inhalten und Themen der<br />
Expertinnen und Experten. Damit<br />
geben sie uns wertvolle Inputs, wie<br />
wir uns weiterentwickeln können,<br />
welche Trends bevorstehen und<br />
wie wir uns für zukünftige Vorhaben<br />
wappnen können.<br />
Daher wünsche ich allen Teilnehmerinnen<br />
und Teilnehmer des<br />
Forums einen spannenden und informativen<br />
Tag in Wien. Ich freue<br />
mich, wenn der ein oder andere<br />
anschließend nach Niederösterreich<br />
kommt und sich auch hier<br />
von unserer einzigartigen Landschaft<br />
und exzellenten Unternehmerschaft<br />
überzeugen kann.<br />
The European Business and Investment Magazine iconannual 11
12 iconannual The European Business and Investment Magazine<br />
Foto: Dragan TATIC Foto: Creative Commons/Mahmoud
Ministry for Europe, Integration and Foreign Affairs<br />
Foreword<br />
Challenges and<br />
opportunities<br />
Sebastian Kurz<br />
Federal Minister for Europe,<br />
Integration and Foreign Affairs<br />
Foto: Felicitas Matern/feelimage.at<br />
We are living in times of<br />
profound changes in<br />
technology, society and<br />
business. This means<br />
challenges in some regards, but<br />
also great opportunities. We must<br />
not forget, that all great inventions<br />
initially were ideas on how to push<br />
borders. That is why we need to<br />
support innovation as a means for<br />
enhanced competitiveness, stronger<br />
economic growth and increased<br />
wellbeing of our people. I am deeply<br />
convinced that we need more of<br />
a culture of innovation, a readiness<br />
to take risks as well as a strong conviction<br />
that entrepreneurship and<br />
new ideas can change the world.<br />
iconvienna 2017 is an integral<br />
part of such future-oriented thinking.<br />
By connecting executives, project<br />
partners and entrepreneurs<br />
from different regions, the forum<br />
makes us all better prepared to face<br />
future challenges and recognise<br />
upcoming opportunities. I therefore<br />
warmly thank and congratulate<br />
the organisers of the 13 th International<br />
Business and Investment<br />
Forum for their active engagement<br />
and wish them and the participants<br />
all the best for the event.<br />
The European Business and Investment Magazine iconannual 13
14 iconannual The European Business and Investment Magazine<br />
Foto: WKO
Austrian Federal Economic Chamber<br />
Foreword<br />
iconvienna −<br />
The perfect<br />
networking event<br />
in Vienna<br />
Dr. Christoph Leitl<br />
President Austrian Federal<br />
Economic Chamber<br />
Foto: Doris Kucera<br />
Iconvienna is taking place in Vienna for the<br />
13 th time as a platform for transnational<br />
meetings between leading decision-makers<br />
in the fields of business, politics and science<br />
at the premises of the Austrian Federal<br />
Economic Chamber. Therefore, 1 am proud<br />
that this prestigious and internationally established<br />
conference underlines Austria's importance<br />
as a meeting place specifically for<br />
companies and institutions from the Central,<br />
East and Southeastern European and Central<br />
Asian region, thus demonstrating our country's<br />
outstanding ability to f acilitate international<br />
business and social contacts.<br />
In many countries of these regions Austria<br />
has become one of the major business partners<br />
over the last couple of years, either as<br />
destination for our goods and services or as a<br />
location for production facilities and subsidiaries.<br />
Our companies engage in a vast variety<br />
of business activities, ranging from retailing<br />
or oil industry to financial and transportation<br />
services, along with professional services<br />
such as legal or tax consulting. Austrian<br />
production lines are found throughout all industries.<br />
The main issues stressed within the scope<br />
of iconvienna are internationalization, innovation,<br />
international branding and the role of<br />
future cities as hubs for growth.<br />
iconvienna's secret to success lies in the<br />
qualitative and up-to-date knowledge transfer,<br />
but also in its attractive supporting program.<br />
The platform strongly encourages the<br />
globalization with the exchange of ideas and<br />
experience between its international participants.<br />
Therefore, the slogan of the event<br />
“Grow together” should motivate everyone<br />
to build and grow professional networks and<br />
subsequently realize tangible business co-operations.<br />
The European Business and Investment Magazine iconannual 15
W24.at<br />
facebook.com/W24TV<br />
1,2 MILLIONEN MAL SCHAUEN UNS DIE<br />
WIENERINNEN UND WIENER SCHON MONATLICH.<br />
DAS KANN SICH SEHEN LASSEN.<br />
W24 EMPFANGEN SIE AUF UPC, A1 TV,<br />
KABELPLUS, SIMPLITV UND VIA R9-SATELLIT.<br />
TÄGLICH<br />
0-24 UHR<br />
auf
Vienna Chamber of Commerce and Industry<br />
Foreword<br />
Die tagliche<br />
Innovation<br />
DI Walter Ruck<br />
Präsident der Wirtschaftskammer Wien<br />
President Vienna Chamber of<br />
Commerce and Industry<br />
Foto: G. Weinkirn<br />
Wir entwickeln uns weiter<br />
und zwar jeden Tag.<br />
Die Herausforderungen<br />
sind durch die digitalisierte<br />
Welt immer vielseitiger und<br />
schneller, damit steigt der Anspruch<br />
an uns und unser Umfeld.<br />
Doch wer sich verschließt wird<br />
nicht mit dieser Zeit gehen können.<br />
Egal in welchem Feld man tätig ist,<br />
Trends gehen uns alle an.<br />
Damit wir gemeinsam Antworten<br />
finden, ist es essentiell, dass<br />
die internationale Gemeinschaft<br />
in die Umsetzung geht, daran<br />
führt kein Weg vorbei. In Österreich<br />
denke ich dabei vor allem<br />
an die Transsibirische Eisenbahn<br />
und die dritte Piste am Flughafen<br />
Wien. Doch wissen wir alle, dass<br />
wir das Tor nach Afrika aufstoßen<br />
müssen, um miteinander zu wachsen.<br />
Jede Konferenz die dies fördert<br />
ist ein Baustein auf dem Weg<br />
in eine innovative Zukunft. Das<br />
Motto „Brand Together“ zielt genau<br />
in diese Richtung ab und muss<br />
damit Leitbild nicht nur für alle<br />
Teilnehmer sondern uns alle sein –<br />
denn nur die Wirtschaft schafft<br />
Arbeitsplätze. In der Politik können<br />
nur die Rahmen richtig gesetzt<br />
werden, dass sich die Wirtschaft<br />
auch entfalten kann – egal ob auf<br />
nationaler oder internationaler<br />
Ebene. Nutzen Sie Wien als Kongress-<br />
und Diplomatiehauptstadt<br />
um in die Umsetzung zu kommen!<br />
The European Business and Investment Magazine iconannual 17
18 iconannual The European Business and Investment Magazine<br />
Fotos: Embassy of the Dominian Republic
Dominican Republic<br />
Greetings<br />
Dominican Republic,<br />
a country of unique<br />
opportunities<br />
H. E. Ramón Quiñones<br />
Ambassador of the Dominican Republic to Austria, and Bulgaria.<br />
Dean of the Diplomatic Corps for Latin America and Caribbean<br />
As the Ambassador of the Dominican Republic<br />
to Austria and the Dean of the Diplomatic<br />
Corps from Latin America and the Caribbean,<br />
I would like to thank the European Business<br />
and Investment Forum iconvienna 2017 presided by<br />
Dr. Gerhard Hrebicek and his team for their kind invitation<br />
to participate once again in this important<br />
event, which allows us to exchange economic and<br />
commercial strategies and experiences, as well as<br />
unique opportunities for investment.<br />
Thanks to his privileged geographic location, the<br />
Dominican Republic has become an important commercial<br />
gateway between America, Europe and the<br />
rest of the world. Its position in the heart of the Caribbean<br />
provides international trade fast and efficient<br />
means of transportation through 8 international airports,<br />
12 sea ports, 5 cruise ports and more than 270<br />
international flights daily, thus making the country<br />
the ideal “Caribbean Hub” for exports and an attractive<br />
tourist destination which received about 6 million<br />
visitors in 2016.<br />
The Dominican Republic is currently one of the<br />
most privileged countries in Latin America and the<br />
Caribbean in terms of business environment owing to<br />
its vast natural resources, a stable political environment,<br />
as well as a conducive legal framework for foreign<br />
investments, economic stability and a bilingual<br />
and trained labor force. These factors have allowed<br />
sustained economic growth averaging more than 5 %<br />
over last 10 years, achieving 7 % in 2015 and 6.6 % in<br />
2016. The main areas of investment are: free economic<br />
zones, textile and footwear industry, renewable<br />
energy, customer contact centers & business process<br />
outsourcing, film industry, software development,<br />
medical devices, infrastructure, tourism, telecommunications,<br />
mining and agroindustry.<br />
Export products comprise almost 4,000 high quality<br />
product lines at very competitive prices ranging<br />
from agroindustry, health and beauty, construction,<br />
manufacture and industry, technology and cultural<br />
goods present in more than 170 international markets<br />
with preferential access to more than 900 million<br />
consumers through 5 trade agreements including<br />
with the European Union and the U.S.A. In the agriculture<br />
and livestock areas, we are renowned for being<br />
one of the main exporters of (bio)tropical organic<br />
products, such as cacao, bananas, mango, as well as<br />
other worldwide highly regarded products like rum,<br />
cigars, different sorts of peppers and avocados.<br />
I wish iconvienna the best of success in 2017.<br />
Foto: Embassy of the Dominian Republic<br />
The European Business and Investment Magazine iconannual 19
20 iconannual The European Business and Investment Magazine<br />
Fotos: Embassy of Argentinia
Argentinia<br />
Greetings<br />
Congratulations<br />
to iconvienna 2017<br />
H.E. Rafael Mariano Grossi<br />
Ambassador of Argentinia to Austria<br />
It is an honour to welcome the 13 th iconvienna, Central<br />
Europe’s prominent investment forum, and refer<br />
to my country’s economy and investment opportunities.<br />
The Argentine Republic has strong fundamentals,<br />
which underpin its potential to become a regional<br />
economic engine. It is the third largest Latin<br />
American economy, after Brazil and Mexico; the<br />
fourth most populous country in the region, with 43<br />
million inhabitants; and the world’s eighth largest<br />
country in terms of territory, encompassing diverse<br />
climates and terrains.<br />
Argentina boasts a wealth of varied and available<br />
natural resources: 53 % of agricultural land; abundant<br />
reserves of oil, gas, minerals and water; and optimal<br />
conditions for the development of wind, solar,<br />
biomass and hydro power. The country is also rich<br />
in human capital, ranking first in Latin America’s<br />
Human Development Index and exhibiting an educational<br />
attainment comparable to emerging economies<br />
in East Asia and Central and Eastern Europe.<br />
The Macri Administration has undertaken a<br />
comprehensive program to reform the economy and<br />
realize its potential. Key initiatives include: removing<br />
capital controls and repatriation restrictions;<br />
resolving defaulted debt; regaining access to global<br />
financial markets; removing export taxes and import<br />
restrictions; implementing a government e-platform<br />
for tenders; setting up a Public-Private Partnership<br />
(PPP) regulatory framework; relaunching the National<br />
Statistics Bureau (INDEC); and establishing a<br />
4-year plan to eliminate primary fiscal deficit.<br />
Argentine GDP growth, currently over 2.7 %, is<br />
expected to be strong in the next years. There are investment<br />
opportunities in all regions of the country<br />
and in all sectors of the economy, with renewable<br />
energies being one of the most promising. Marking<br />
a relevant milestone, Act 27.191 was passed in 2015,<br />
setting forth that 20 % of energy must be produced<br />
from renewable sources by 2025. Subsequently, the<br />
RenovAR Program was launched in 2016, calling<br />
for a Public Tender Process for contracts with the<br />
wholesale electricity market (MEM) aimed at generating<br />
electrical power from renewable sources. RenovAR<br />
Rounds 1 and 1.5 have been very successful,<br />
with Round 2 expected to launch in Q2 2017. I invite<br />
you to join in the country’s development in a context<br />
of rapid growth and concrete opportunity.<br />
Foto: Embassy of Argentinia<br />
The European Business and Investment Magazine iconannual 21
22 iconannual The European Business and Investment Magazine<br />
Foto: Cuban Embassy
Cuba<br />
Greetings<br />
Cuba: A place<br />
to invest<br />
H. E. Juan Antonio Fernández Palacios<br />
Ambassador of the Republic of Cuba in Austria and Permanent<br />
Representative to the United Nations Office at Vienna and the<br />
International Organizations based in Austria.<br />
Cuba develops an updating process of<br />
its economic model and it´s gradually<br />
advancing in the implementation of<br />
the strategic vision for the development<br />
of the economy, with a mid and longterm<br />
vision.<br />
A favorable business climate has been<br />
set up in Cuba with the passing of Law No.<br />
118 “Foreign Investment Act” and its complementary<br />
norms. Other advantages are<br />
added to tax incentives like high qualified<br />
workforce; political and social stability; geographical<br />
location in the centre of an expanding<br />
market and basic infrastructure<br />
throughout the country.<br />
The energy sector is one of the 12 areas<br />
prioritized for foreign investment. Cuba generates<br />
95% of its electricity using fossil fuels<br />
and we are working to change the country´s<br />
energy matrix by taking advantage of renewable<br />
energy sources.<br />
The potential for solar radiation recorded<br />
in the country is approximately 5KWh per<br />
square meter per day and it has been identified<br />
areas with the best prospects for the construction<br />
of photovoltaic parks, prioritizing<br />
for foreign investment those which could be<br />
built as part of the isolated electrical systems<br />
serving tourist resorts on remote keys.<br />
The tourism is also an important and prioritized<br />
sector. Foreign investment participation<br />
in this sector is directed to promote<br />
hotels through new building or rebuilding of<br />
accommodations facilities as well as of the<br />
complementary infrastructures. Another aim<br />
is to diversify the management and commercialization<br />
of tourist facilities by renowned<br />
foreign chains. Cuban tourism is the force<br />
driving other sectors of the economy.<br />
The country’s Portfolio of Business Opportunities<br />
for foreign investment includes<br />
395 projects valued at more than $9.500 billion<br />
USD.<br />
The Special Economic Development<br />
Zone of Mariel (ZEDM by its Spanish acronym)<br />
is a visionary project located in the<br />
center of the Caribbean Sea, very attractive<br />
for investments.<br />
Foto: Cuban Embassy<br />
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Fotos: Embassy of Venezuela<br />
Los Roques is a Venezuelan archipelago that<br />
consists of about 50 islands, located in the Caribbean<br />
Sea, 168 km to the north of La Guaira, the port of<br />
Caracas. Due to its beauty and ecological importance,<br />
it was declared national park in 1972.<br />
What makes Los Roques a majestic place is the enormous<br />
expanse of calm sea, the presence of lagoons,<br />
cays, beaches of white sands of coral origin and crystalline<br />
waters of extraordinary colours.<br />
Los Roques is a dream place for lovers of diving, windsurfing<br />
and fishing.<br />
24 iconannual The European Business and Investment Magazine<br />
Foto: istockphoto.com
Venezuela<br />
Greetings<br />
Los Roques a Paradise<br />
of crystalline waters<br />
and white sand<br />
H. E. Jesse Chacón<br />
Ambassador of the Bolivarian Republic of Venezuela<br />
to Austria, Croatia and Slovakia<br />
I<br />
would like to express my sincere<br />
congratulation to the European<br />
Business and Investments Forum –<br />
iconvienna – for its 13th Anniversary.<br />
This is the third-time Venezuela is<br />
participating, and we are aware of its<br />
excellence as a network to establish<br />
new cooperation and interchange of<br />
business ideas.<br />
Allow me to present my country as<br />
a destination full of opportunities in<br />
opening new markets. In recent years,<br />
the Venezuelan Government has implemented<br />
policies to give new impetus<br />
to areas such as agriculture, industry,<br />
mining, technology and tourism.<br />
Venezuela is a country opened to<br />
the world that combines the charisma<br />
of our people, the richness of our nature<br />
and wildlife, and the spectacular<br />
landscapes with the variety of exotic<br />
places.<br />
Destinations that comprise the<br />
mountains, beginning with the Andes,<br />
which consists mainly of paramo<br />
vegetation and low temperature. The<br />
llanos, the plain area, dominated by<br />
plateaus, lakes and pastures. Flora<br />
and fauna make it part of our attractive<br />
places. The jungles and savannah,<br />
one of the most exotic and mystic destinations<br />
where the highest waterfall<br />
in the world – Ángel Fall or Kerepakupai<br />
Meru in indigenous language<br />
and the tepuis remain. Without forgetting<br />
the coast, Venezuela counts with<br />
a paradise of crystalline waters and<br />
white sand beaches.<br />
We believe that iconvienna is an<br />
excellent opportunity to expose our<br />
grandiose country and to enhance our<br />
strategic partnership with European<br />
countries, especially with Austria, establishing<br />
relations based on cooperation<br />
and solidarity.<br />
Foto: Embassy of Venezuela<br />
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Foto: Embassy of Colombia
Colombia<br />
Greetings<br />
Peace as the<br />
foundation of a stronger<br />
Colombian economy<br />
H. E. Jaime Alberto Cabal Sanclemente<br />
Ambassador of the Republic of Colombia to Austria, and<br />
non-resident Ambassador to Croatia, the Czech Republic,<br />
Hungary, Montenegro, Serbia, Slovenia and Slovakia.<br />
Former Minister of Economic Development of Colombia.<br />
Foto: Embassy of Colombia<br />
The Peace Agreement signed between the government<br />
of Colombia and the rebel group FARC-EP<br />
implies a substantial improvement for the existing<br />
economy opening doors to new opportunities<br />
and the consolidation of different sectors both<br />
in cities and rural areas, historically affected by the<br />
armed conflict.<br />
Currently, Colombia has a GDP of US$ 292 billion<br />
and a GDP per capita of US$ 6.056 but according to official<br />
agencies, Colombia’s annual GDP growth could<br />
turn out higher than expected as a result of the Peace<br />
Agreement.<br />
The government will invest around US$ 13,7 billion<br />
in 2017 in different economic and social sectors, resulting<br />
in 765.433 new jobs and an expected GDP growth<br />
of 2.6 %.<br />
Furthermore, US$ 8,5 billion will be invested in<br />
housing and education sectors, which will result in a<br />
rise of housing solutions by 33 %. The investment of US$<br />
3,13 billion in the development of thirty Fourth Generation<br />
(4G) road projects will lead to the creation of 313.784<br />
employments and a GDP growth of 0.35 % in 2017.<br />
In addition, there will be an investment of US$ 2.8<br />
billion in improvements of 51 airports as well as of US$<br />
1,2 billion in port concessions and US$ 1.8 billion for<br />
the improvement of the navigability of the Magdalena<br />
river.<br />
The agriculture sector plays a key role in the<br />
post-agreement period through substitution policies<br />
of illegal cultivation, demining and the reconstruction<br />
of small infrastructure projects. Therefore the government<br />
will be investing US$ 5,3 billion in order to promote<br />
the creation of infrastructure projects by private<br />
businesses or organizations in the rural areas which<br />
are most affected by the armed conflict.<br />
The tourism sector has become a major driver for<br />
growth. Over the last years, the number of incoming<br />
tourists increased from 4.4 million in 2015 to 5.3 million<br />
in 2016 and for 2017 a number of 7 million incoming<br />
tourists is expected.<br />
Colombia is becoming a country of increasing business<br />
opportunities in a consolidated and stabilized<br />
economy positioning itself as a strategic partner both<br />
on a regional and international level.<br />
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Foto: Embassy of Guatemala
Guatemala<br />
Greetings<br />
Guatemala −<br />
the largest economy<br />
in Central America<br />
Foto: Embassy of Guatemala<br />
H. E. Antonio Roberto Castellanos López<br />
Ambassador of the Republic of Guatemala to Austria,<br />
Czech Republic, Slovakia, Slovenia and Hungary<br />
It is a great honour to greet you distinguished readers<br />
of iconannual in this edition of the European Business<br />
and Investment Forum and celebrate another<br />
year of success in promoting business and trade in<br />
Austria and neighboring countries.<br />
Guatemala is the most populated country and largest<br />
economy in Central America and given its economic<br />
stability, steady growth and foreign investment promotion<br />
policies, there are significant opportunities for<br />
European Union and international businesses, including<br />
sectors such as clean energy, security, infrastructure<br />
and construction, education and the retail market.<br />
The country economy has grown by 3.7 percent on<br />
average in the 2012-2015 period.<br />
Guatemala also offers a strategic geographical location<br />
from which to access member countries of the<br />
“Meso-America Iniciative”: A market including over<br />
fifty urban centers, a population of 68 million and a<br />
regional economy worth some US$319 billion. On<br />
its part, Guatemala has also signed free-trade agreements<br />
with neighbors including Mexico, Panama, the<br />
Dominican Republic-CAFTA; Colombia, Chile and the<br />
Association Agreement with the European Union and<br />
Central America.<br />
Lacking a major refinery, most of Guatemala's heavy<br />
crude oil, is exported to the United States and Canada.<br />
Contracts for oil and gas exploitation are commonly<br />
signed for a 20-25 years period, with an option for renewal.<br />
Energy: Guatemala is the strongest potential biofuel<br />
producer in Central America, given the country's high<br />
yields of sugarcane and palm oil and its efficient local<br />
industries.<br />
Agriculture and foodstuffs:. The sector generates<br />
direct employment for more than 75 000 people and<br />
353 000 indirect jobs. Guatemala has approximately<br />
11 million hectares of fertile soil of which only 12 per<br />
cent is cultivated.<br />
Coffee: Guatemala ranks second in the world after<br />
Colombia, in the amount of high-grade coffee production,<br />
and has the highest percentage of its crop classified<br />
as "high quality" by international buyers. In terms<br />
of exports, coffee is Guatemala's flagship product: In<br />
2011 and 2012, exports of more than US$2.13 billion<br />
were recorded.<br />
Infrastructure: Guatemala is the logistics and services<br />
center of the region, thanks to a large road network<br />
and efficient ports on the Pacific and Atlantic oceans<br />
(Caribbean Sea), along with airports in Guatemala City<br />
and Flores, Petén.<br />
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Fotos: Embassy of El Salvador
El Salvador<br />
Greetings<br />
Introducing<br />
El Salvador<br />
H.E. Lucía Rosella Badía<br />
Ambassador of El Salvador to Austria and<br />
Permanent Representative to UNO Vienna<br />
The Embassy of El Salvador is<br />
pleased to participate in the 2017<br />
edition of Inconvienna. This important<br />
platform in Austria allows us<br />
to interact with business people interested<br />
in networking with decision makers in<br />
different areas, finding new partners and<br />
provide them with up to date information<br />
about business climate and opportunities.<br />
El Salvador is a business bridge between<br />
North and South America, and is<br />
also part of the bi oceanic corridor linking<br />
Europe to Asia. Our current trade agreements<br />
provide preferential access to major<br />
markets in America, Europe and Asia,<br />
with flexible rules of origin and significant<br />
reductions on import tariffs.<br />
El Salvador is fully committed to the<br />
United Nations 2030 Agenda. On the economic<br />
side, public and private sector are<br />
working towards an inclusive industrial<br />
development with sustainable growth<br />
associated with productive employment,<br />
innovation, development of technology,<br />
participation of small and medium sized<br />
enterprises, labor rights and respect for<br />
the environment.<br />
Central America and the European Union<br />
have consolidated their economic relations<br />
through an Association Agreement.<br />
For business opportunities, this agreement<br />
promotes trade expansion through the reduction<br />
of tariff barriers and the provision<br />
of trading standards and technical regulations<br />
and promotion of regional economic<br />
integration. This agreement entails the<br />
commitment to establish a free trade zone<br />
with the EU.<br />
Regarding investment, El Salvador<br />
stands out for its qualified labor force, infrastructure<br />
connectivity and monetary<br />
stability. Our legal framework offers attractive<br />
tax incentives to companies and guarantees<br />
the protection of their investments.<br />
Over the years companies established in<br />
El Salvador have relied on our International<br />
Service Law, Industrial Free Trade Zone<br />
and Commercialization Law, Tourism Investment<br />
Law and Renewable Energy Incentives<br />
Law. Among some sectors to are<br />
the following: Aeronautics; Logistics and<br />
infrastructure; Offshore Business Services.<br />
Agro-industry; Tourism; Energy; Light<br />
manufacturing.<br />
Foto: Embassy of El Salvador<br />
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Fotos: Embassy of Costa Rica
Costa Rica<br />
Greetings<br />
Costa Rica:<br />
much more than its<br />
famously natural beauty<br />
Foto: Embassy of Costa Rica<br />
H.E. Pilar Saborio de Rocafort<br />
Ambassador of Costa Rica to Austria<br />
The Costa Rica’s growth is the result of having a diversified<br />
portfolio of trading partners with 14 FTA<br />
in force, 4 FTA in process, 15 BIA. We are also an<br />
active member of the WTO, and we have a Roadmap<br />
for Accession to the OECD.<br />
Costa Rica is unmatched as the top choice for investing<br />
in the region and organise their export portfolio in 7<br />
main productive sectors:<br />
1. Exotic and Fresh Products: Tropical Fruits, Vegetables<br />
and Greens, and Roots and Tubers.<br />
2. Plants, Flowers and Foliage: more than 11 thousand<br />
species of plants have been on our inventory.<br />
3. Food Specialties: a consolidated industry offers the<br />
most exquisite culinary expressions to delight even<br />
the most demanding palate.<br />
4. Furniture: we have 7 categories of furniture to offer.<br />
5. Personal Care: Natural & Organics, Specialized and<br />
Retail Health, and Spa Products.<br />
6. Biotechnology: Costa Rica ranks No. 1 in availability<br />
of engineers and scientists and No.2 as medical<br />
devices exporter in Latin America since 2010 (World<br />
Economic Forum 2014-2015 Report).<br />
7. Aerospace Industry: Costa Rica Aerospace Cluster<br />
comprises a group of local businesses that work<br />
together in R&D within the aerospace, and thrive<br />
thanks to the pool of highly skilled local talent that<br />
has allowed inserting itself in the high-tech Global<br />
Value Chain.<br />
According to Site Selection Magazine 2016 we are in<br />
the top 5 “Best to Invest” countries in the world and has<br />
become the preferred location in LATAM for industry<br />
leaders that seek growth opportunities in the most reliable<br />
and safe environment:<br />
1. Services: Costa Rica is the No.1 Exporter of high value<br />
added services in Latin America.<br />
2. Advanced manufacturing: Costa Rica is also leader<br />
in production process sophistication in Latin America<br />
and yes, we do rocket science.<br />
3. Life Science: we are the second largest exporter of<br />
Medical Devices in Latin America in Class I to Class<br />
III medical devices.<br />
4. Light Manufacturing: since 2013, almost 40% of total<br />
exports of goods were linked to global value chains.<br />
Our talent is very much familiarized with working<br />
under the ISO9001, ISO14001, ISO22000, and BASC<br />
among many others.<br />
5. Food Industry: Costa Rica offers +350 different agricultural<br />
and food-processed goods to export and<br />
more than 130 destinations. We are also home of food<br />
companies in the world ranked by Food Processing's<br />
Top 100.<br />
Today, European Union is our third largest trading<br />
partner after the US and China. Costa Rica is a Member of<br />
the EU-Central America Association Agreement, a threepart<br />
agreement covering free trade, political dialogue<br />
and co-operation. The country represents the 63.5% of<br />
Central American exports to the EU and the spot as “best<br />
export performance in Latin America” In 2016.<br />
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Foto: istockphoto.com
Paraguay<br />
Greetings<br />
Business opportunities<br />
in Paraguay<br />
H.E. Horacio Nogués Zubizarreta<br />
Ambassador of the Republic of Paraguay to Austria<br />
Representative to United Nations in Vienna<br />
and other international organizations<br />
The Embassy of Paraguay in Vienna has the honor<br />
to congratulate the 13 th the European Business<br />
and Investment Forum that provides a very important<br />
platform to promote business, exchange<br />
experiences and contact network.<br />
Paraguay is a World Class food producer; open and<br />
connected to the world; with high rates of development,<br />
rule of law and public safety; environmentally sustainable;<br />
with women inclusion and young entrepreneurship<br />
as trademark; and a Government that promotes solidarity<br />
and transparency.<br />
The Business Opportunities Paraguay offers include:<br />
Labor Intensive companies taking advantage of the Free<br />
Trade Zone for installing industrial platforms, The implementation<br />
of the High – Tech Assembly Act providing<br />
advantages for Labor Intensive Companies, Preferential<br />
access to MERCOSUR through a List of Exemption<br />
for goods, as a driver to increase the competitive of the<br />
industry, Focus on Productive Chain Integration with<br />
Brazilian companies to take advantage of existing markets<br />
and Industrial Parks promoting the installation of<br />
Food Service, Financing and Logistics companies. The<br />
most competitive Paraguayan products are: clothing,<br />
food, plastic articles, insecticides and pesticides, leathers,<br />
balanced and animal feed, footwear.<br />
In recent years, the tourism sector has undergone a<br />
significant expansion thanks to the warn climate and<br />
the known hospitality of Paraguayans.<br />
Paraguay has gone from being the best kept secret of<br />
Latin America to stand out as an attractive investment<br />
destination because of our favorable business climate.<br />
PARAGUAY IN THE WORLD… we are:<br />
1° Producer of Renewable Energy<br />
2° Producer of Stevia<br />
3° Producer and exporter of yerba mate<br />
3° Owner of barge fleet<br />
4° Soybean exporter<br />
4° Largest exporter of soybeans<br />
4° World exporter of cassava starch<br />
6° Largest producer of soybeans<br />
6° Largest exporter of maize<br />
6° Largest exporter of beef<br />
6° Largest exporter of wheat<br />
Our sincere gratitude to iconvienna for the opportunity<br />
to participate in this edition of this important business<br />
forum.<br />
We invite you to visit Paraguay and to know the opportunities<br />
we have to offer to the world.<br />
Foto: Embassy of Paraguay<br />
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Fotos: Embassy of Uruguay
Uruguay<br />
Greetings<br />
Work and invest<br />
in Uruguay<br />
H.E. Bruno Javier Faraone Machado<br />
Ambassador of Uruguay to Austria,<br />
Czech Republic, Hungary and Slovakia<br />
The Oriental Republic of Uruguay, hereafter referred<br />
to as Uruguay, is a small country both in<br />
size and population. Its culture, health and living<br />
standards are among the highest in Latin America.<br />
Long known as the "Switzerland of South America",<br />
the country covers an area of just 186,000 sq km (72,000<br />
sq miles) and more than half its 3.5 million people live<br />
in greater Montevideo, the rest spread among attractive<br />
coastal towns and the interior of the country, dedicated<br />
to cattle, sheep, rice, and fruit production.<br />
From 2003 onwards, the flow of foreign direct investments<br />
has dramatically increased in different sectors of<br />
our economy, especially in Forest & Cellulose – with two<br />
state-of-the-art plant mills with large scale of production<br />
–, Transport and Logistics, Telecommunications,<br />
Information Technology, Retail & Consumer, Energy and<br />
Agribusiness.<br />
Changes in the energy matrix were introduced, focusing<br />
on renewable sources (wind mills, solar farms,<br />
biomass), and Oil & Gas prospecting has started in the<br />
maritime platform.<br />
An infrastructure investment plan has been recently<br />
announced by President Tabaré Vázquez – for an<br />
amount of USD 12bn during his term of duty –, focusing<br />
on energy, roads, social and housing investments,<br />
communications and water, among other, with the participation<br />
of the public and private sector.<br />
Uruguay offers significant advantages to those who<br />
are currently evaluating doing business and making<br />
investments in South America.<br />
It is a country with a strong respect for the rule of<br />
law and the essential grounds of the economic activity.<br />
This is why it ranks among the top countries in Latin<br />
America according to the main rankings which gather<br />
information on aspects of political stability and democratic<br />
soundness. In Uruguay there are no differences<br />
in the treatment of national and foreign capital and<br />
incentives to investment promotion are available for<br />
both. There are no limits for foreign capital endowment<br />
in companies either.<br />
For years the country has shown a strong political<br />
and social stability, supported by a consolidated democracy<br />
and strong legal certainty. This consolidated<br />
institutional framework, the deep respect for democracy<br />
and the low corruption of the country have placed<br />
Uruguay in the first position in the Democracy Index<br />
compiled by The Economist Intelligence Unit (2015)<br />
and the Perception Corruption Index of Transparency<br />
International (2015) with respect to other Latin American<br />
countries.<br />
Welcome to Uruguay, a country to invest, work and<br />
live in.<br />
Foto: Embassy of Uruguay<br />
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Fotos: Slovakian Embassy
Slovakia<br />
Greetings<br />
Dear readers!<br />
H. E. Juraj Macháč<br />
Ambassador of the Republic of Slovakia to Austria<br />
I<br />
t’s a great pleasure for me to address you in iconannual<br />
also this year. Since I’m the Ambassador<br />
of Slovak republic in Vienna, I could have<br />
never missed the opportunity to take part in<br />
such a valuable event as the iconvienna undoubtfully<br />
is. The motto “Make contacts to contracts”<br />
tells everything by itself. Networking effect plays<br />
not only a huge role in the cross-border businesses<br />
but in developing regions as well.<br />
Also many regions in Slovakia have gained<br />
much through these investments. Particularly<br />
automotive industry has recognised comparative<br />
advantages. In 2016, Slovakia has again surpassed<br />
the production of one million cars, which means<br />
that our country produces the most cars per capita<br />
in the world.<br />
The first strong investment in this field was<br />
Volkswagen in Bratislava. Since its opening, the<br />
factory has produced over 3 million of vehicles,<br />
6 millions of gearboxes and 200 millions of components.<br />
Also due to very successful story of automotive<br />
giant factory in our capital, Bratislava<br />
once again is considered one of the wealthiest<br />
regions in Europe. According to the newest research<br />
of European Commission is Bratislava the<br />
region with the 3rd highest production per capita.<br />
Peugeot-Citroën in Trnava is another example<br />
of how successful investments in Slovakian<br />
regions can be. The production increased every<br />
year and reached its peak in 2015 with more than<br />
300 000 cars produced.<br />
The third big automotive company producing<br />
in the northern part of Slovakia is KIA. The factory<br />
situated near Žilina has contributed in the<br />
huge amount to the development of the region.<br />
The production of this factory also started in<br />
2006. Nowadays it’s able to produce more than<br />
350 000 cars annually.<br />
The whole new adventure for Slovakia brings<br />
the investment of British Jaguar- Landrover, who<br />
decided to move part of its production to the continental<br />
Europe. The 4th great automotive brand<br />
in Slovakia starts the production of Land Rover<br />
Discovery in 2018.<br />
But automotive industry is just a part of a story.<br />
I believe that Slovakia has much more to offer.<br />
Our task is to use our advantages even more. iconvienna<br />
and other useful forums play a crucial role<br />
in the process of achieving that goal. I wish the<br />
European Business and Investment Forum to be<br />
this year even more successful than ever before.<br />
Foto: Slovakian Embassy<br />
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Romania<br />
Greetings<br />
Dear readers!<br />
H. E. Bogdan Mazuru<br />
Ambassador of Romania to Austria<br />
Innovative entrepreneurship and brand stimulation<br />
are needed nowadays to fasten economic growth all<br />
around the world. iconvienna initiative to focus this<br />
year forum on brand and innovation aspects must<br />
be applauded. Debates, know-how and best practice<br />
exchange are important for understanding where we<br />
stand and how to improve our status. I congratulate<br />
iconvienna for being a platform for discussions and<br />
cooperation for more than a decade.<br />
Romania is committed to strengthen its economic<br />
growth through innovation and research. The National<br />
Strategy for Research and Innovation, adopted in<br />
2014, established to empower research and innovation<br />
activities and to offer substantial funds in these<br />
directions. Subsidies and different fiscal facilities are<br />
granted to the companies for research and innovation<br />
activities. For example, starting with 2017 companies<br />
and employees are exempted from income taxes for<br />
research activities.<br />
Romania is a stable economy with an economic<br />
growth which exceeded EU-28 average in last years.<br />
After a GDP growth of 3.8 % in 2015, a 5 % growth followed<br />
in 2016, which makes Romania the best performing<br />
country within EU. Industry sector followed by<br />
ICT were the main contributors to the GDP’s growth.<br />
Companies are stimulated through tax exemption to<br />
reinvest their profits in technological development<br />
and to develop their innovative capabilities. More and<br />
more Romanian products need to become well known<br />
brands around the world like RAV or BitDefender antivirus<br />
systems.<br />
Romania has a good technical high education system,<br />
which in conjunction with government measures<br />
to stimulate innovation and research will improve<br />
our country results in near future. Investors from<br />
Austria and wide world should put Romania on their<br />
future investment map for R&D plans.<br />
Romania offers business opportunities in other<br />
areas, too. After industrial sector, agriculture and tourism<br />
have great potential of growth. We have a fertile<br />
soil for agriculture and wonderful places for tourists.<br />
Cooperation in these areas will be beneficial for both<br />
sides.<br />
Culture is another important issue for Romanian<br />
people. We love traditional and modern arts and we<br />
are open to exchange ideas and emotions through art<br />
with other cultures. In recognition of that, a second<br />
Romanian city, Timisoara, will become the European<br />
Capital of Culture in 2021, after Sibiu, which played<br />
this role in 2007. We invite you to visit us and to start<br />
businesses in Romania!<br />
Foto: Romanian Embassy<br />
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Foto: istockphoto.com
Bulgaria<br />
Greetings<br />
Sofia − die Planung<br />
eines Mittelpunkts von<br />
nationaler und regional<br />
europaischer Bedeutung<br />
H.E. Ivan Sirakov<br />
Ambassador of the Republic of Bulgaria to Austria<br />
Foto: Romanian Embassy<br />
Sofia hat ein bemerkenswertes Motto im<br />
Stadtwappen: „Wächst, aber altert nicht“.<br />
Der Stadtplan von Sofia vermittelt bereits<br />
beim ersten Blick den Eindruck einer<br />
ge-ordneten Metropole. Die Stadt besitzt<br />
ein übersichtliches Straßensystem und einen<br />
funktionsfähigen öffentlichen Transport, einschließlich<br />
der U-Bahn, dessen drittes Diameter<br />
in der Realisierungsphase steht. Das System von<br />
öffentlichen Grünräumen und die Bemühungen<br />
um ein zusammenhängendes Netz von Radfahrwegen,<br />
sowie eine Reihe von weichen Standortfaktoren,<br />
die in das Stadtsystem integriert sind,<br />
vervoll-ständigen das Image einer modernen<br />
und zukunftsorientierten Metropole.<br />
Die Lage von Sofia an der Kreuzung zweier<br />
wichtiger europäischer Korridore und die günstigen<br />
natürlichen Bedingungen haben bereits in<br />
der Antike den Römischen Kaiser Konstantin<br />
dazu bewogen, diesen Standort als Residenzstadt<br />
auszubauen. Seit der Gründerzeit erfährt<br />
die Stadt eine für europäische Verhältnisse beispielloses<br />
Wachstum – die Einwohnerzahl ist<br />
seit 1878 von 12.000 auf 1,5 Millionen gestiegen.<br />
Neben den bereits erwähnten günstigen Standortfaktoren<br />
wurde von Beginn an die Bedeutung<br />
der Stadtplanung für die Bewältigung des rasanten<br />
Wachstums und für die Etablierung der Stadt<br />
als Mittelpunkt der nationalen Entwicklung<br />
erkannt. Bereits die ersten Pläne, ausgearbeitet<br />
von Experten aus der Donaumonarchie, bringen<br />
den Optimismus der Zeit und die Zuversicht<br />
in die Zukunft der Hauptstadt zum Ausdruck.<br />
Diese Pläne folgen dem Leitbild des rationalen<br />
Großstadtmodells und haben eine bewundernswerte<br />
Entwicklungsfähigkeit erwiesen.<br />
Die aktive Planungstätigkeit begleitet seitdem<br />
die Entwicklung der Stadt und wird heute<br />
im öffentlichen Bewusstsein als Notwendigkeit<br />
und als Vorauszahlung für deren Erhalt<br />
als nationalen Mittelpunkt verstanden. Diese<br />
Einstellung erweist sich als entscheidende Voraussetzung,<br />
um ihrer Rolle als Standort von europäischer<br />
Regionalbedeutung gerecht zu sein.<br />
The European Business and Investment Magazine iconannual 43
Brand Global Council<br />
Brands are one of the<br />
but least understood<br />
companies<br />
The "Brand Global Council for Value and<br />
Sustainable Growth" was founded to<br />
change that.<br />
It is a global council of countries, organizations<br />
and professionals working to improve and<br />
communicate to all stakeholders the value<br />
of brands and their contribution to overall<br />
economic and societal wellbeing and inclusive,<br />
sustainable development.<br />
Background<br />
Over the years intangible assets have grown more<br />
and more in importance and brands have grown in<br />
their value too! The world has come online and there<br />
are many new markets and a growing middle class<br />
in countries like India, China, Brazil, Russia, South<br />
Africa, Nigeria, Indonesia and many more places. Not<br />
only will the value of brands continue to grow but<br />
brands can play an important role in the growth of<br />
these areas.<br />
This proximity breeds innovation. Cities are hubs<br />
of productivity, innovation, goods and service providers<br />
for their regions. Consumers buy brands, not<br />
products. The best brands today are meaningful in<br />
the lives of consumers. They are much more than<br />
products, names, advertising, etc. Brand performance<br />
management is a challenge that requires a sophisticated<br />
strategy and professional partners.<br />
From an organization’s viewpoint, a strong brand is a<br />
valuable asset. It is, however, an intangible asset. Its<br />
value to the company ultimately depends on the value<br />
of the brand to consumers, reflected by the extent to<br />
which they rely on the brand to make decisions. For<br />
this reason it has historically been difficult for organizations<br />
to evaluate brands and give them a financial<br />
valuation.<br />
Goals<br />
The Brand Global Council (BGC) will work to help set,<br />
maintain and implement high standards for brand<br />
evaluation and valuation and will cooperate and liaison<br />
with other international organizations to achieve<br />
this purpose. The goal is to help organizations realize<br />
and increase the value of their brands. Branding<br />
will become a larger and larger part in the growth of<br />
company value and BGC will play an important role<br />
in this.<br />
The second goal of BGC is to demonstrate that brands<br />
can play an important role in economic development.<br />
The BGC will assist smaller and medium-sized organizations,<br />
cities and destinations, and economically<br />
underdeveloped regions in using the value of brands<br />
as a sustainable source of economic growth.<br />
Brands create prosperity for economies.<br />
44 iconannual The European Business and Investment Magazine
International Partners<br />
most significant<br />
assets for<br />
and economies.<br />
Strong brands create wealth, jobs and growth<br />
and should be viewed as an economic asset.<br />
Brands create prosperity for economies<br />
45.000<br />
GDP per Capital (PPP)<br />
40.000<br />
35.000<br />
30.000<br />
25.000<br />
20.000<br />
15.000<br />
10.000<br />
Norway<br />
The Netherlands<br />
Austria<br />
Germany Belgium<br />
France<br />
U.K.<br />
Europa<br />
Average Europe<br />
Italy Spain<br />
Slovenia<br />
Czech Republic<br />
Portugal<br />
Slovakia<br />
Poland Hungary<br />
Croatia<br />
Russia<br />
Romania<br />
Bulgaria<br />
Sweden<br />
Denmark<br />
Switzerland<br />
Finland<br />
5.000<br />
0<br />
0,0% 5,0% 10,0% 15,0% 20,0% 25,0% 30,0% 35,0%<br />
Top 10 brands / GDP (PPP)<br />
brandglobal.org<br />
© 2017 BRAND GLOBAL Council<br />
The European Business and Investment Magazine iconannual 45
Brand Global Council<br />
America<br />
Europe<br />
Africa<br />
North America<br />
EU & CEE<br />
South Africa<br />
Latin America<br />
& Caribbean<br />
Russia<br />
Initial Areas of Focus<br />
• GLOBAL STANDARDS. Standards provide an<br />
opportunity for everyone to share their knowledge<br />
and for organizations to follow common and<br />
consistent business practices. Thus BGC’s work to<br />
promote brand standards and brand certifications<br />
will guide brand owners/managers and brand evaluators<br />
in implementing sophisticated brand evaluations<br />
and valuations. They will be more able to<br />
quantify the true value of their brand. This will<br />
bring more information to stakeholders and lead to<br />
better reporting, governance and management.<br />
• ALTERNATIVE FINANCING/INVESTMENT.<br />
Brands even now may average 40 percent of an organization’s<br />
worth. Thus BGC will work to make<br />
brand value to be more important in financing and<br />
investment decisions. But investors need better information<br />
and reporting about the value of brands.<br />
This could also lead to the development of new financial<br />
instruments and sources of investment.<br />
• FORUMS / EVENTS NETWORKING and exchange<br />
of information, about best practices of reporting,<br />
governance and management of brands are essential<br />
for brand owners/managers and brand evaluators<br />
in order to continuously create long term and<br />
brand-led growth. BGC will create Annual Brand<br />
Global Forums and support the development of national<br />
Brand Forums for more awareness and dialogue<br />
about brands and their value.<br />
• EXECUTIVE EDUCATION TRAINING is crucial<br />
to the realizing the business and societal value of<br />
brands. BGC courses will improve understanding<br />
of brands and their value for all stakeholders,<br />
46 iconannual The European Business and Investment Magazine
International Partners<br />
Asia<br />
China<br />
India, Korea,<br />
Japan, etc.<br />
• European Initiative<br />
• Russian Initiative<br />
• Asian Initiative<br />
• Chinese Initiative<br />
• African Initiative<br />
• North American Initiative<br />
• Latin America & Caribbean Initiative<br />
© 2017 BRAND GLOBAL Council<br />
and therefore contribute to the implementation of<br />
brand activities in various organizations.<br />
• DEVELOPMENTAL INITIATIVES. Increased concern<br />
for and understanding of brand value can be a<br />
tool for the economic development of smaller and<br />
medium-sized organizations, cities and destinations<br />
and economically underdeveloped regions.<br />
In order to create awareness and assist organizations<br />
around the world, BGF will develop regional<br />
brand initiatives. These initiatives will communicate<br />
and demonstrate both the business and societal<br />
value of brands.<br />
Through these actions, the BGC will become both a<br />
top-down and a bottom-up organization representing<br />
nearly all of the world.<br />
The BRAND GLOBAL<br />
COUNCIL, with headquarter<br />
in Vienna, serves as NGO and<br />
global think-tank for coordination,<br />
know-how exchange, idea generation<br />
and development of collaborative<br />
initiatives and projects. All<br />
activities are directed to enabling<br />
organizations to report and benefit<br />
from the value of their brands<br />
and to making brand value a<br />
means of economic development.<br />
brandglobal.org<br />
The European Business and Investment Magazine iconannual 47
UNIDO<br />
Introducing<br />
UNIDO’s long-term strategy of inclusive<br />
and sustainable industrial development (ISID)<br />
was adopted by UNIDO Member States at the General<br />
Conference in December 2013. Through this<br />
strategy, UNIDO aim to harness the full potential<br />
of industry’s contribution to the achievement of<br />
sustainable development in the post-2015 era.ISID<br />
Industry is the most dynamic driver of prosperity<br />
and collective wellbeing. Too often in the past the<br />
transformative structural changes have also been<br />
accompanied by environmental degradation and<br />
increased social inequalities. In order to ensure equitable<br />
distribution of the economic benefits of industrialization,<br />
ISID aims to address the multidimensional<br />
causes of poverty, through creating shared prosperity,<br />
advancing economic competitiveness and safeguarding<br />
the environment.<br />
ISID ensures:<br />
• Every country achieves a higher level of industrialization<br />
in their economies, and benefits from the<br />
globalization of markets for industrial goods and<br />
services.<br />
• No-one is left behind in benefiting from industrial<br />
growth, and prosperity is shared between women<br />
and men, urban and rural communities and enterprises<br />
in all countries.<br />
• Economic and social growth is supported within an<br />
environmentally sustainable framework, so industrial<br />
expansion does not jeopardize the well-being of<br />
future generations.<br />
• The unique knowledge and resources of all relevant<br />
development actors are combined, including the<br />
private sector and international financing instituions,<br />
to maximize ISID’s development impact.<br />
The regional context:<br />
The Latin America and Caribbean (LAC) Region encompasses<br />
33 countries, all of which are UNIDO Member<br />
States. Total population for the region was roughly<br />
600 million people in 2014, most of whom were already<br />
benefitting from improved living conditions. For<br />
example, more than 94% of the total population had<br />
access to improved drinking water sources; 82% had<br />
sanitation services coverage; and 79% lived in urban<br />
areas. But there is room for future improvement, as<br />
seen in the smaller percentages of the population that<br />
had access to potable water (82%) and sanitation in rural<br />
areas (63%) in 2014.<br />
The region comprises a total surface area of more<br />
than 20 million km2 with vast natural resources, including<br />
ample water resources and a flourishing biodiversity.<br />
Around 47% of the land surface is covered<br />
by forest. The Central and South American sub-regions<br />
provide the most abundant fresh water resources per<br />
48 iconannual The European Business and Investment Magazine
International Partners<br />
Fotos: UNIDO<br />
capita worldwide. The region accounts<br />
for substantial reserves of<br />
oil, silver, copper, coal, bauxite, lithium<br />
and nickel.<br />
LAC’s Member States range from<br />
large, rapidly growing High- and<br />
Middle-Income Countries (MICs)<br />
like Brazil, Mexico and Argentina<br />
to small, fragile and vulnerable states<br />
like Haiti.<br />
The GDP of the LAC Region grew<br />
by 1.1% in 2014, its slowest annual<br />
expansion rate since 2009, mostly<br />
attributable to the region’s high<br />
dependence on commodities export<br />
prices. Current GDP structure<br />
by economic activity is comprised<br />
mainly of public administration,<br />
social and personal services (24%);<br />
financial intermediation, including<br />
real state, rentals and business activities<br />
(17%); wholesale and retail<br />
trade (15%); manufacturing (15%);<br />
transport, communications and<br />
construction (15%); and mining, agriculture<br />
and electricity (14%).<br />
One significant consequence<br />
of low economic growth has been<br />
weak job creation; however, the<br />
urban open unemployment rate edged<br />
down only from 6.2% to 6.0%.<br />
The slower job creation has affected<br />
women more than men, bringing<br />
an end to previous trends in which<br />
some gender labour gaps were narrowing.<br />
The poverty rate in Latin America<br />
stood at 28.1% in 2013, 11.7%<br />
of whom were living under conditions<br />
of extreme poverty. In human<br />
terms, these percentages represent<br />
165 million poor people, including<br />
69 million living in extreme poverty<br />
(e.g. on the equivalent of less<br />
than one dollar a day) (ECLAC- Preliminary<br />
Overview of Economies of<br />
LAC, 2014). For the LAC Region, the<br />
incidence is higher among younger<br />
segments of the population. Poverty<br />
rates also vary by gender, the rate<br />
among women under labour age<br />
being 1.2 times that of men.<br />
The LAC Region has the highest<br />
inequality rate in the world. The<br />
Gini coefficient, which measures<br />
income inequality, remained at<br />
a mean value of 0.52 (i.e. it ranges<br />
between 0, total equality, and 1, one<br />
person with all the wealth.<br />
In terms of industrial development,<br />
the region needs to develop<br />
comprehensive industrial policies<br />
that promote more equitable growth<br />
based on productive development<br />
and reduce the weight of financial<br />
sector; to strengthen Public Private<br />
Partnerships (PPPs) and policy<br />
instruments for promoting new<br />
business and fostering Small and<br />
Medium-sized Enterprises (SMEs),<br />
as well as to increase investment in<br />
research, development and innovation<br />
to generate greater value added<br />
and increase competitiveness.<br />
UNIDO works closely with the<br />
Community of Latin American and<br />
Caribbean States (CELAC), the largest<br />
regional bloc representing 33<br />
sovereign countries in the Americas,<br />
all of which are also UNIDO<br />
Member States.<br />
Future outlook:<br />
The 33 countries that comprise<br />
UNIDO’s Latin America and the<br />
Caribbean (LAC) Region, as diverse<br />
as they may be, all share one thing<br />
in common: they all need vital<br />
strategic advice on industrial development<br />
strategies, policies and<br />
instruments, followed by concrete<br />
support for implementation and<br />
monitoring. Some of these countries<br />
are newly emerging Middle Income<br />
Countries (MICs) that require more<br />
than a classic Technical Assistance<br />
(TA) project approach, although<br />
a transition phase of several years<br />
when both approaches co-exist is to<br />
be expected. UNIDO is engaged in<br />
promoting practical, pragmatic implementation<br />
of the guiding principles<br />
of inclusive and sustainable industrial<br />
development in the region.<br />
ISID’s new Vision, as introduced at<br />
the outset of this brochure, is being<br />
incorporated into all UNIDO activities<br />
carried out in the region.<br />
The European Business and Investment Magazine iconannual 49
European Commission<br />
Intercity<br />
cooperation<br />
as a driver for European innovation<br />
and new growth<br />
The world economy is changing quickly. Europe<br />
is the largest market of the world, and it holds<br />
strong industrial and scientific foundations for<br />
securing future growth. However, to maintain<br />
strong growth and innovation potential, we have to<br />
adapt. Therefore we have to make all our regions and<br />
cities attractive places to live, work and invest in. We<br />
can count on the diversity of our regions in Europe to<br />
find together the solutions for our common challenges<br />
in the provision of jobs, energy, mobility or health care<br />
to our citizens, and turn these challenges into opportunities<br />
for economic development, growth and competitiveness.<br />
European Union's Cohesion Policy is boosting the<br />
dynamics of European growth, by focussing efforts<br />
on priorities like innovation and research, energy efficiency,<br />
low carbon and digital economy, sustainable<br />
transport, SME competitiveness, education and social<br />
inclusion. This aims at supporting growth and jobs<br />
in all regions of the EU and fostering territorial, economic<br />
and social cohesion. To make this work, we call<br />
upon regions and cities to focus on their strengths and<br />
unique opportunities for future growth and competitive<br />
advantages. This "smart specialisation" requires<br />
also "smart cooperation". Cooperation on innovation in<br />
the EU Strategy for the Danube Region is a good example<br />
for this.<br />
Europe is one of the most urbanised<br />
continents in the world.<br />
Today, more than two thirds of<br />
the European population live in<br />
urban areas.<br />
Between 2000 and 2013, GDP growth in cities was<br />
50 % higher than in the rest of the EU and employment<br />
in cities grew by 7 %, while it declined slightly in the<br />
remainder of the EU. 1 This higher performance is due<br />
to the economic advantages of cities, because they concentrate<br />
industries and services, education and training,<br />
and logistic infrastructure that connects them to<br />
local and global markets, and – most important – they<br />
host people with a variety of skills. This proximity<br />
breeds innovation. Cities are hubs of productivity, innovation,<br />
goods and service providers for their regions.<br />
1 The State of European Cities 2016: Cities leading the way to a better future (www.ec.europa.eu/regional_policy/en/policy/themes/urban-development/cities-report)<br />
2 OECD (2015), The Metropolitan Century: Understanding Urbanisation and its Consequences (www.oecd-ilibrary.org/urban-rural-and-regional-development/the-metropolitan-century_9789264228733-en)<br />
50 iconannual The European Business and Investment Magazine
International Partners<br />
Foto: European Commission<br />
Corina Cretu<br />
European Commissioner<br />
for Regional Policy<br />
They have positive spill-over effects on the economic<br />
performance of surrounding regions that is measurable<br />
up to a distance of 200-300 kilometres. 2 Due to the<br />
dense and well-connected network of cities in Europe,<br />
cities in close proximity to other cities can become<br />
more productive than their size alone would predict.<br />
For instance, the joint smart specialisation strategy between<br />
Berlin and the surrounding region of Brandenburg<br />
thrives notably thanks to this.<br />
While innovation can happen anywhere, it occurs<br />
especially in highly urbanised areas, because of close<br />
interaction between companies themselves but also<br />
between companies and research and education institutes<br />
in culturally vibrant environments. Some of<br />
these cluster effects are stronger in large cities, but medium-sized<br />
cities can also offer such advantages. And<br />
networks of cities can provide the critical mass needed.<br />
Europe's dense city network is well connected to all<br />
regions and is thus a strong comparative advantage in<br />
the global context. Therefore Europe has to promote<br />
its cities as demonstrators of new innovative solutions<br />
for improving daily living conditions of their citizens,<br />
which will also inspire others. The Finnish "Six City<br />
Strategy" is such an inspiring example of the leverage<br />
effect of cooperation among cities on future oriented<br />
growth (see box).<br />
Our cities play a major role in building up the competitiveness<br />
of their regions and countries. Networks of<br />
cities have been a unique historical strength of Europe<br />
for trading goods and exchanging ideas that inspired<br />
new solutions for common challenges. Nowadays, we<br />
need networks of cities to be facilitators of strong specialised<br />
clusters and to connect companies and innovation<br />
communities to co-create new futures for their regions<br />
and Europe. The European Commission is ready<br />
to fully support them in this endeavour. In this respect<br />
the adoption in 2016 of the Urban Agenda for the European<br />
Union and its follow-up work through specific<br />
'partnerships' will provide the right framework to further<br />
spur innovation and growth but also inclusion and<br />
overall, sustainable urban development.<br />
EXAMPLE II: SIX CITIES IN FINLAND JOIN FORCES TO BECOME BETTER AND SMARTER 3<br />
The Six City Strategy (www.6aika.fi/in-english) enables six cities in Finland to experiment in a larger context than just one<br />
city with cooperative projects. The current project portfolio ranges from smart mobility, clean technologies and agile piloting,<br />
to creating development environments for product testing and boosting open data for<br />
business. The innovation communities/platforms are test-beds for companies, academia<br />
and other actors to run their research, product development and innovation in real-life<br />
settings. The total budget for 2014–2020 grows up to approx. 100 million euros.<br />
The Six City Strategy has three focus areas: open innovation platforms, open data and interfaces,<br />
and open participation and customership. Opening up public data has the potential to<br />
offer fuel for companies to make money with new apps and services. The six cities are harmonizing<br />
the ways their data is opened and released and are also working towards shared<br />
ways of offering customer service. For companies, this would mean a potential to scale up<br />
to a larger market. In the long run, the cities work towards reforming their public service<br />
structure, as well as a new mind-set when offering customer service to city residents.<br />
Foto: Metropolia UAS SOHJOA-projekt<br />
The European Business and Investment Magazine iconannual 51<br />
3 www.6aika.fi/in-english
Central European Initiative<br />
CEI<br />
Foto: CEI<br />
Immediately after the fall of the Berlin wall in 1989,<br />
Italy, Austria, Hungary and the former Yugoslavia<br />
established – as it is known today – the Central<br />
European Initiative (CEI). Since its inception, the<br />
CEI has taken root, grown and finally blossomed into<br />
the largest and oldest regional intergovernmental forum,<br />
committed to supporting European integration<br />
through cooperation among its Member States and the<br />
European Union (EU). Currently counting eighteen<br />
Member States 1 , the CEI has become a recognised promoter<br />
of EU/non-EU-country partnership and regional<br />
cooperation.<br />
The CEI strategic objectives, outlined in the CEI<br />
Plan of Action, are focusing on supporting its Member<br />
States on their path towards European integration;<br />
promoting the alignment of the CEI Member States to<br />
EU standards; implementing small and medium-sized<br />
projects and converting constructive ideas into innovative<br />
results. In order to offer a solid contribution to<br />
European integration the CEI combines political dialogue<br />
(multilateral diplomacy) and project management,<br />
both as donor and recipient, while also bridging<br />
European macro-regions. Through its project-oriented<br />
working method, the CEI is also a flexible basis for<br />
regional cooperation of its Western Balkan countries<br />
and the three Eastern Partners (Belarus, Moldova<br />
and Ukraine). The CEI is paying special attention to<br />
its non-EU Member States’ need for capacity building<br />
through know-how transfer and exchange of experience<br />
with its EU countries, thus also providing sound<br />
evidence of the permanent validity of its mission in<br />
these difficult times of political turbulence and economic<br />
crisis.<br />
Central European<br />
Its unique geographical position makes the CEI the<br />
only regional international organisation connecting<br />
the Baltic, the Danube, the Adriatic-Ionian, the Black<br />
Sea and the Alpine regions. It is the only organisation<br />
providing a peer-to-peer environment for bridging experience<br />
and synergising the new added values of the<br />
macro-regional approach to the complexity of transnational<br />
governance and programming.<br />
Funds, Instruments & Figures: strategic<br />
approach to regional cooperation<br />
The CEI is a well-functioning intergovernmental machinery,<br />
our strong operational character and project-oriented<br />
approach, our manifold activities in<br />
various areas and initiatives to create a good business<br />
environment as well as our investment in a knowledge-based<br />
economy have served and are going to<br />
continue serving to increase the economic, social and<br />
territorial cohesion within our regional scope.<br />
In order to meet the strategic objectives for the benefit<br />
of its Member States, the CEI makes use of a variety<br />
of Funds and Instruments covering ten main areas<br />
of cooperation 2 :<br />
Our 25 year old partnership with the European<br />
Bank for Reconstruction and Development (EBRD) is a<br />
real success-story in this regard, significantly contributing<br />
to strengthening CEI’s project-oriented dimension.<br />
The CEI Fund at the EBRD, towards which the<br />
1 CEI Member States and accession date: Albania (1996), Austria (1989), Belarus (1996), Bosnia and Herzegovina (1992), Bulgaria (1996), Croatia (1992), Czech Republic (1993), Hungary (1989), Italy (1989),<br />
Macedonia (1993), Moldova (1996), Montenegro (2006), Poland (1991), Romania (1996), Serbia (2000), Slovakia (1993), Slovenia (1992), Ukraine (1996)<br />
2 Transport and Logistics, Energy Efficiency and Renewable Energy, Climate and Rural Development, SMEs and Business Development, Research and Innovation, Life-long Education and Training, Information<br />
Society, Intercultural Cooperation, Media, Civil Society<br />
52 iconannual The European Business and Investment Magazine
International Partners<br />
Botschafterin Dr. Margot Klestil-Löffler<br />
Alternate Secretary General<br />
Central European Initiative<br />
Initiative: 28 years<br />
Foto: Vojtech Vlk<br />
Italian Government has solely made a total contribution<br />
of € 40.5 million, mainly provides grant-type assistance<br />
for specific components of Technical Cooperation<br />
(TC) projects. Since its inception, the Fund has<br />
provided more than € 25 million for funding more than<br />
130 TC assignments, mobilising € 4.8 billion of international<br />
investments in the countries of operations. For<br />
one euro spent on CEI Technical Cooperation, € 215<br />
had been invested by the EBRD and other IFIs.<br />
The CEI-EBRD partnership also aims at strengthening<br />
links within the business communities in<br />
CEI Member States in order to foster opportunities<br />
for commercial partnerships and co-investments as<br />
wellas compete for project-related contracts. Indeed,<br />
just one year ago the CEI has organized together<br />
with EBRD an International Conference under the<br />
title “Supporting Local Enterprises and SMEs along<br />
China’s Belt and Road Initiative in South Eastern Europe”.<br />
The event took place in Trieste and aimed at<br />
strengthening links within the business communities<br />
in CEI Member States in order to foster opportunities<br />
for commercial partnerships and co-investments as<br />
well as compete for project-related contracts with the<br />
Chinese business partners.<br />
Since 2004, the CEI Fund at the EBRD has also<br />
contributed a total of more than € 2.1 million to the<br />
Know-How Exchange Programme (KEP) supporting<br />
75 projects.<br />
As of 2007, the KEP has been also financed by Austria<br />
through an agreement with the Austrian Development<br />
Agency (ADA): it has so far committed around<br />
€ 730.000 for 26 projects. Poland had also contributed<br />
with € 50.000 to co-financed projects.<br />
To achieve the objectives outlined in its multi-annual<br />
Plan of Action, the CEI is also promoting result-oriented<br />
projects by participating in EU-funded<br />
programmes. We are proud of our records: 29 EU-funded<br />
projects, where the CEI operates both as Lead Partner<br />
and as a reliable, effective partner in key sectors of<br />
transnational cooperation, e.g. transport, science and<br />
innovation, renewable energy, cultural heritage, capacity<br />
building. This operational participation in the<br />
implementation of the EU policies is also the mainstream<br />
of our concrete ties with the European Commission<br />
as mandated by our Foreign Ministers.<br />
This CEI expertise in the implementation of transnational<br />
projects is very important in view of pursuing<br />
the goals of the EU macro-regional strategies and<br />
of the Eastern Partnership, where most of our countries<br />
are included. All macro-regional strategies have<br />
a role to play for the benefit of the CEI non-EU Member<br />
States. Bringing them closer to the European Union<br />
in a very consistent way to reach the strategic goal<br />
driving our activity. We are active in the EU Strategy<br />
for the Danube Region (EUSDR), we are contributing<br />
to the EU Strategy for the Adriatic - Ionian Macro-Region<br />
(EUSAIR) and to the Strategy for the Alpine Region<br />
(EUSALP). In the same time, we have also revitalised<br />
our collaboration with the Council of Baltic<br />
Sea States.<br />
The European Business and Investment Magazine iconannual 53
European Fund for Strategic Investments<br />
Europe is facing<br />
huge domestic<br />
and foreign policy challenges<br />
For many, the European project that began with<br />
the signing of the Treaty of Rome 60 years ago is<br />
no longer a successful model for bringing former<br />
enemy states together, tearing down borders and<br />
promoting a prosperous economic area.<br />
A major reason for the dwindling support is that<br />
the European economy has yet to gain real momentum,<br />
years after the crisis. Growth is lukewarm and<br />
unemployment is high – particularly among young<br />
people – and Europe still has a huge investment gap<br />
of several hundred billion euros every year.<br />
The reason for this investment shortfall is a market<br />
failure. Persistent risk aversion and uncertain regulatory<br />
and economic environment prevents companies<br />
and investors from spending money on projects in the<br />
real economy.<br />
This is why, two years ago, the<br />
European Investment Bank (EIB)<br />
and the European Commission decided<br />
to launch an investment offensive<br />
based on three pillars:<br />
Firstly, the “European Fund for<br />
Strategic Investments”, or EFSI for<br />
short: under this guarantee facility,<br />
the EIB Group – comprising the<br />
EU bank and the European Investment<br />
Fund (EIF) – has committed<br />
to expanding its usual activities to<br />
strengthen the competitiveness of<br />
the European economy by supporting<br />
investments worth EUR 315bn<br />
by 2018. A substantial portion of<br />
these funds will support innovation<br />
and the digital agenda in Europe.<br />
Fotos: Katharina Schiffl<br />
54 iconannual The European Business and Investment Magazine
International Partners<br />
Mag. Wilhelm Molterer<br />
Managing Director of the “European Fund for<br />
Strategic Investments”, Vice-President and<br />
Member of the Management Committee of<br />
the European Investment Bank<br />
The EIB Group is on track so far making use of the<br />
EFSI guarantee mechanism, which consists of commitments<br />
of EUR 21bn (EUR 16bn from the EU budget<br />
and EUR 5bn from the EU bank's reserves). EFSI enables<br />
the EIB and EIF to provide more risk capital to<br />
projects, reaching out to encourage private investors<br />
to participate. By the end of last year, around 420<br />
transactions were made possible with EFSI support,<br />
supporting total investments of over EUR 160bn.<br />
At the same time, all the investments must be economically,<br />
technically and environmentally viable.<br />
This is particularly applicable to infrastructure investment,<br />
which the public sector is currently unable<br />
to shoulder alone due to the need for fiscal consolidation.<br />
The EU bank will work together with the public<br />
sector and state-owned promotional banks to finance<br />
the implementation of infrastructure projects via public-private<br />
partnerships where this makes sense.<br />
The second pillar of the Investment Plan for Europe<br />
– a comprehensive advisory service dubbed the<br />
“European Investment Advisory Hub” – was launched<br />
at the same time as EFSI.<br />
In the past, promising ideas from project promoters<br />
and municipalities have often failed due to insufficient<br />
preparation of both financing and technical<br />
planning. This is countered by the new advisory<br />
iconvienna 2016: The audience is listening to keynote speaker Wilhelm<br />
Molterer and his topic "Purpose and context of the European Fund for<br />
Strategic Investments".<br />
service ensuring that investments are made possible<br />
where they are needed, whether it be in Calais, Naples<br />
or Duisburg.<br />
The third pillar of the Investment Plan is to make<br />
the regulatory environment more investment-friendly.<br />
The European Commission has put forward far-reaching<br />
proposals to boost the single market, especially in<br />
the digital, energy and capital market domains.<br />
The Investment Plan for Europe is currently a work<br />
in progress. The Commission has suggested increasing<br />
the current guarantee facility from EUR 21bn to<br />
EUR 33.5bn. This would put the EIB Group in a position<br />
to catalyse investments of over EUR 500bn within<br />
the EU by 2020.<br />
With this investment offensive, the EU has<br />
launched an initiative to strengthen the economy<br />
and deliver added value. After all, only a competitive,<br />
prosperous Europe with plentiful jobs will convince<br />
European citizens – but also our global partners – to<br />
turn back towards the European model for success.<br />
The European Business and Investment Magazine iconannual 55
Global Impact Investing Foundation<br />
Impact<br />
Investing<br />
Mobilising<br />
capital to<br />
finance<br />
solutions for<br />
today’s<br />
challenges<br />
Impact investing is a relatively<br />
new sector within the financial<br />
services industry. 2014 was a<br />
breakthrough year for this segment,<br />
as several high-level publications<br />
have noted. The Rockefeller<br />
Foundation’s “The Power of Impact<br />
Investing” and “Impact Investment:<br />
The Invisible Heart of Markets”,<br />
a report by the Social Impact<br />
Investment Taskforce, are just two<br />
of them. Since then, the number of<br />
participants and amount of money<br />
in the sector has been growing rapidly.<br />
In 2015, the OECD’s “Social<br />
Impact Investment – Building the<br />
Evidence Base” report added a fra-<br />
mework for assessing the social impact<br />
investment market and highlighted<br />
the importance of further<br />
„There has been a steady increase in the number<br />
of social sector organisations that raise revenue<br />
through government contracts or by charging<br />
for services or products they supply. Equally<br />
remarkable is the number of entrepreneurial startups<br />
emerging that have social mission at the heart<br />
of their organisation and the variety of business<br />
models they use.” Social Impact Investing Taskforce, 2014.<br />
56 iconannual The European Business and Investment Magazine
International Partners<br />
„ The world is on the brink of a<br />
revolution in how we solve society’s<br />
toughest problems. The force capable<br />
of driving this revolution is (social)<br />
impact investing, which harnesses<br />
entrepreneurship, innovation and<br />
capital to power social improvement.”<br />
Social Impact Investing Taskforce, 2014.<br />
international collaboration in developing global standards<br />
on definitions, data collection, impact measurement<br />
and evaluation of policies. In the same year,<br />
all 193 members of the United Nations agreed upon<br />
the Sustainable Development Goals (SDGs). These 17<br />
goals and 169 associated targets are the core of the<br />
UN’s “2030 Agenda”, a new plan of action for people,<br />
planet and prosperity. Impact investing has the power<br />
to mobilise private capital for the achievement of the<br />
SDGs by financing entrepreneurs that offer solutions<br />
to the targets and thus creating real (social) impact.<br />
In light of these developments, Christian Kern,<br />
Chancellor of the Republic of Austria and Li Yong,<br />
Director General of UNIDO, signed a Joint Declaration<br />
last November to support the development of the<br />
Foto: Oskar Steimel<br />
impact investing sector within Austria. This is being<br />
achieved through the Global Impact Investing Foundation<br />
(GIIF), whose mission is to foster the development<br />
of impact investing and establish Vienna as its<br />
global hub. Furthermore, its activities will support<br />
the achievement of the SDGs. Members will include<br />
both individual countries from all over the world and<br />
international organisations supporting the mission.<br />
One of the numerous activities of GIIF is the Global<br />
Impact Investing Vienna Exchange (GIIVX), an online<br />
platform connecting impact investors with sustainable<br />
entrepreneurs meeting their investment requirements.<br />
Given the pressing challenges the world currently<br />
faces, such as hunger, the effects of climate change<br />
and unemployment, impact investing allows investors<br />
to ensure positive impact on people and the environment<br />
while also generating returns on investment.<br />
The evolution of impact measurement leading to a<br />
lean, objective and worldwide standard is needed to<br />
push this nascent industry to the next level. We are<br />
therefore cooperating with an international team of<br />
scientists and several industry experts on a new standard<br />
that will be presented at a global Impact Investing<br />
Conference in late 2017. For further details, please<br />
visit our websites www.giif.org and www.giivx.<br />
com, which are constantly updated, or get in touch<br />
directly with us.<br />
The European Business and Investment Magazine iconannual 57
Leitbetriebe<br />
Industrie spielt<br />
Schlusselrolle fur<br />
die Energiewende<br />
• Großes Einsparungspotenzial durch Optimierung<br />
der Produktionsprozesse<br />
• Produktionsmaschinen werden zum Stromspeicher –<br />
Verschiebung der Verbrauchsspitzen in Phasen<br />
schwächerer Stromnachfrage<br />
• Steuerliche Investitionsanreize sind überfällig<br />
Fotos: Sabine Klimpt<br />
Die ausgezeichneten Leitbetriebe des Abends.<br />
Die Industrie spielt in Österreich eine Schlüsselrolle<br />
für die Erreichung der 2015 bei der<br />
Klimakonferenz in Paris festgelegten Klimaziele<br />
des Klimaschutzabkommens 2030. Nur<br />
wenn die Optimierungspotenziale in der industriellen<br />
Produktion bestmöglich und rasch genutzt<br />
werden, bestehe noch die Chance, die ambitionierten<br />
Einsparungsziele zu erreichen, waren sich die<br />
Experten bei der Fachveranstaltung „Energiewende<br />
in der Industrie“ von Leitbetriebe Austria einig.<br />
„Neben Verkehr und Wohnen kann die Industrie das<br />
dritte starke Standbein der Energiewende bilden.<br />
Das umfasst die Optimierung des Produktionsstandorts<br />
und der Maschinen sowie die Herstellung energieeffizienter<br />
Produkte“, betonte Leitbetriebe-Austria-Geschäftsführerin<br />
Monica Rintersbacher. „Die<br />
Klimaziele sind nicht irgendein statistischer Wert,<br />
sie sind eine Schlüsselfrage für uns alle. Die österreichischen<br />
Leitbetriebe sind sich Ihrer Verantwortung<br />
bewusst und in dieser Hinsicht Vorreiter. Weil<br />
es aber wichtig ist, dass diesen Vorbildern auch andere<br />
Unternehmen folgen, haben wir ökologische Verantwortung,<br />
Energieeinsparung und CO 2<br />
-Reduktion<br />
zu einem unserer Leitthemen für 2017 gemacht.“<br />
Wie groß das Optimierungspotenzial im Hinblick<br />
auf Energieeffizienz ist, zeigt exemplarisch der<br />
Leitbetriebe-Austria-Netzwerkpartner Salvagnini<br />
Maschinenbau GmbH, an dessen Produktionsstandort<br />
Ennsdorf die Veranstaltung stattfand. Der weltweit<br />
tätige Spezialist für Blechbearbeitungsmaschinen<br />
wurde 2016 für seine Energiesparmaßnahmen<br />
mit dem klima-aktiv-Preis ausgezeichnet und gilt im<br />
Hinblick auf Klimaschutzanstrengungen als absoluter<br />
Vorzeigebetrieb. „Allein durch Standortmaßnahmen<br />
wie LED-Beleuchtungen, Heizung mit Wärmerückgewinnung<br />
oder Schnell lauf-Hallentore konnten wir<br />
230.000 kWh einsparen, aber das Potenzial im eigentlichen<br />
Produktionsprozess ist noch um ein Vielfaches<br />
größer“, erklärt Wolfgang Kunze, Salvagnini-Technikchef<br />
und Leiter des Standorts Ennsdorf.<br />
So konnte Salvagnini beispielsweise in seiner<br />
wichtigsten Produktionslinie binnen 17 Jahren den<br />
Energieverbrauch um 80 Prozent verringern und den<br />
Gesamtenergieverbrauch am Standort Ennsdorf in<br />
den vergangenen fünf Jahren trotz einer Steigerung<br />
der Produktionsmenge um rund 50 Prozent gleichzeitig<br />
um etwa neun Prozent reduzieren. Besonders stolz<br />
ist Salvagnini aber auf eine Innovation, die eigent-<br />
58 iconannual The European Business and Investment Magazine
International Partners<br />
Pressekontakt Leitbetriebe Austria:<br />
M&B PR, Marketing, Publikationen<br />
Thomas Brey<br />
T: +43 (0)1 233 01 23-15<br />
M: +43 (0)676 542 39 09<br />
E: brey@mb-pr.at<br />
v.l.n.r: Martin Wagner – GF Verbund Solutions, Monica<br />
Rintersbacher – GF Leitbetriebe Austria, Wolfgang Kunze –<br />
Technikchef Salvagnini Maschinenbau & Christian Fuchs –<br />
Präsident ECL-OÖ EXPORT CLUB OBERÖSTERREICH<br />
lich primär zur Erhöhung der Betriebssicherheit<br />
entwickelt wurde:<br />
„Wir exportieren in zahlreiche<br />
Länder mit instabiler Stromversorgung.<br />
Für diese haben wir<br />
Maschinen entwickelt, die auch<br />
ohne Stromversorgung aus dem<br />
Netz weiterarbeiten können. Die<br />
Maschine selbst wird damit zum<br />
Stromspeicher und wir arbeiten<br />
daran, diese autonome Betriebszeit<br />
von derzeit einer Minute deutlich<br />
zu verlängern und damit auch die<br />
Möglichkeit zu schaffen, die Stromabnahme<br />
in Phasen geringer<br />
ÜBER LEITBETRIEBE<br />
AUSTRIA<br />
Leitbetriebe Austria ist die<br />
Exzellenz-Plattform von durch<br />
das Leitbetriebe Institut ausgezeichneten<br />
Vorzeigebetrieben<br />
der österreichischen Wirtschaft.<br />
Mit der Mission „Gemeinsam sind<br />
wir Marke“ repräsentieren die<br />
Leitbetriebe öffentlichkeitswirksam<br />
wertorientierte Ziele wie Innovation,<br />
Wachstum, Marktstellung<br />
und Mitarbeiterentwicklung. Das<br />
Netzwerk ist ein aktives Forum<br />
von Entscheidungsträgern zum<br />
Austausch auf „Augenhöhe“.<br />
www.leitbetriebe.at<br />
ÜBER VERBUND<br />
Verbund ist Österreichs führendes<br />
Stromunternehmen und einer<br />
der größten Stromerzeuger aus<br />
Wasserkraft in Europa. Verbund<br />
deckt rund 40 % des österreichischen<br />
Strombedarfs – mehr als 90<br />
% dieser Leistung stammen aus<br />
erneuerbarer Wasserkraft. Exakt<br />
auf das Bedürfnis und auf das Segment<br />
abgestimmt bietet Verbund<br />
verschiedene Stromprodukte für<br />
Haushalte, Gewerbe, KMUs und die<br />
Industrie an.<br />
www.verbund.at<br />
Netzbelastung zu verschieben.“<br />
Dieser technischen<br />
Entwicklung misst<br />
auch Martin Wagner,<br />
Geschäftsführer der Verbund-Tochter<br />
Verbund<br />
Solutions, besonders hohe Bedeutung<br />
zu: „Das Thema Stromspeicher<br />
wird sowohl für Privatkunden,<br />
als auch für Industrieunternehmen<br />
immer wichtiger.“ Verbund bietet<br />
Stromspeicher zur Steigerung des<br />
Eigennutzungsgrades für private<br />
Photovoltaik-Anlagen bis hin zu<br />
Gewerbe- und Industrielösungen.<br />
Darüber hinaus treibt Verbund<br />
die Entwicklung neuer Produkte<br />
mit erneuerbaren Energien sowie<br />
neue Vermarktungsmöglichkeiten<br />
von Flexibilitäten ständig voran.<br />
„Dabei arbeiten wir gemeinsam<br />
mit Partnern aus der Industrie an<br />
innovativen und lukrativen Lösungen,<br />
die gleichzeitig die Stabilität<br />
des Stromnetzes stützen und<br />
damit die Versorgungssicherheit<br />
garantieren“.<br />
Einig sind sich Salvagnini-Chef<br />
Kunze und Verbund-Solutions-Geschäftsführer<br />
Wagner,<br />
dass die rasche Umsetzung der Energiewende<br />
in der Industrie dringend<br />
wirksame staatliche Investitionsanreize<br />
erfordert. In Frage<br />
kommen für Kunze insbesondere<br />
ein Investitionsfreibetrag für Investitionen<br />
in die Energieeffizienz<br />
oder eine „Abwrackprämie“ für<br />
energietechnisch veraltete Maschinen<br />
und Produktionsanlagen.<br />
ÜBER SALVAGNINI<br />
MASCHINENBAU GMBH<br />
Seit mehr als 50 Jahren entwirft,<br />
konstruiert und verkauft das italienische<br />
Unternehmen Salvagnini<br />
Maschinen und flexible Systeme für<br />
die Blechbearbeitung. Mit einem<br />
dichten Servicenetz mit 20 Filialen,<br />
die sich ausschließlich dem Verkauf<br />
und technischen Kundenservice<br />
widmen, und weiteren zehn<br />
Servicecentern mit spezialisiertem<br />
Fachpersonal ist Salvagnini weltweit<br />
tätig. Die Niederlassung in Ennsdorf<br />
mit ca. 350 Mitarbeitern ist das<br />
weltweit größte Kompetenzzentrum<br />
für das automatische Biegen und<br />
dazu die größte Produktionsstätte<br />
von Biegenzentren auf der Welt,<br />
mit fast 200 gefertigten Maschinen<br />
alleine im Jahr 2015.<br />
www.salvagnini.at<br />
The European Business and Investment Magazine iconannual 59
Patentamt<br />
Foto: Österreichisches Patentamt<br />
PRIO<br />
Die provisorische Patentanmeldung<br />
Start-ups müssen bei der Gründung tausend<br />
Dinge auf einmal tun. Viele Gespräche mit<br />
vielen Partnern sind notwendig. Bevor die Innovationen<br />
öffentlich präsentiert und Werbung<br />
gemacht wird, ist es wichtig, an den Schutz geistigen<br />
Eigentums zu denken. Eine Patentanmeldung<br />
sichert das Geburtsdatum von Erfindungen. Patentanmeldungen<br />
müssen jedoch gut vorbereitet sein. Das<br />
braucht Zeit und Aufmerksamkeit. Denn alle Details<br />
müssen genau beschrieben und formelle Vorschriften<br />
beachtet werden. Schließlich muss ein Patent „Hand<br />
und Fuß" haben, um bestehen zu können. Das ist<br />
möglicherweise ein Dilemma. Erfinder/innen wissen<br />
zwar, was sie erfunden haben und besitzen auch eine<br />
60 iconannual The European Business and Investment Magazine
International Partners<br />
„Start-ups stecken in einem echten<br />
Dilemma. Sie müssen viel über ihre<br />
Innovationen reden. Wie können sie<br />
sonst Investoren überzeugen? Dabei<br />
riskieren sie aber, dass ihre Idee<br />
geklaut wird. An den Schutz ihres<br />
geistigen Eigentums denken sie oft zu<br />
spät. Unsere neuen Angebote helfen,<br />
dieses Dilemma aufzulösen.“<br />
Mag. Mariana Karepova<br />
Patentamtspräsidentin<br />
Foto: ÖPA/Johannes Zinner<br />
vollständige Dokumentation der technischen Details<br />
Ihrer Erfindung. Aber die Unterlagen entsprechen<br />
vielleicht noch nicht den formellen Anforderungen<br />
an eine reguläre Patentanmeldung. Vielleicht ist auch<br />
noch nicht entschieden, welche der beschriebenen Eigenschaften<br />
der neuen Entwicklung genau geschützt<br />
werden sollen, das heißt, die genaue Formulierung<br />
der Patentansprüche ist noch offen. Damit Erfinder/<br />
innen trotzdem über die Innovation reden, pitchen<br />
und Investoren suchen können, bietet das Österreichische<br />
Patentamt jetzt eine zusätzliche Möglichkeit<br />
an: PRIO, die provisorische Patentanmeldung.<br />
Die Möglichkeiten mit PRIO:<br />
Auch wenn die – inhaltlich komplette – Beschreibung<br />
der Erfindung noch nicht formvollendet ist<br />
und beispielsweise die endgültige Formulierung der<br />
Ansprüche noch fehlt, können Sie trotzdem schon<br />
anmelden. PRIO sichert, wie bei einer regulären Patentanmeldung,<br />
das „Geburtsdatum" der Innovation<br />
– weltweit für 1 Jahr. Die eingereichten Unterlagen<br />
müssen so ausführlich sein, dass eine Durchschnittsfachfrau/<br />
ein Durchschnittsfachmann die Erfindung<br />
nachvollziehen kann. Am besten ist es, wenn die<br />
PRIO-Anmeldung auch all das enthält, was Sie später<br />
über die Erfindung auf Ihrer Website, in Werbeprospekten<br />
oder bei sonstigen Präsentationen herzeigen<br />
werden. Nach Ihrer PRIO-Anmeldung haben Sie bis<br />
zu einem Jahr Zeit, um zu überlegen, ob Sie daraus<br />
eine reguläre Patentanmeldung machen wollen. Sie<br />
entscheiden, wie Sie PRIO nützen wollen – je nachdem,<br />
ob die Marktchancen gut sind, und ob Ihre Investorensuche<br />
erfolgreich war. PRIO kann jederzeit zu<br />
einer regulären Anmeldung upgegradet werden, oder<br />
es wird die Entscheidung getroffen, den Patentschutz<br />
für diese Lösung nicht weiter zu verfolgen. Damit Sie<br />
keine Fristen versäumen oder Zeit ungenützt verstreicht,<br />
begleiten Sie unsere Expert/innen während dieser<br />
zwölf Monaten mit Beratung, Hinweisen auf die<br />
Fristen und weiteren Informationen.<br />
Die Vorteile im Überblick:<br />
• Die Innovation liegt im "Safe". Der Prioritätstag –<br />
das international gültige "Geburtsdatum" – ist<br />
gesichert.<br />
• Amtlicher Nachweis gegenüber der Konkurrenz,<br />
dass die Innovation zu einem bestimmten Zeitpunkt<br />
gemacht wurde.<br />
• Zeitgewinn, da "patentkonforme" Formulierungen<br />
erst später notwendig sind.<br />
• Im Unterschied zur regulären Anmeldung, die zumindest<br />
€ 342 kostet, werden bei PRIO nur € 50<br />
verrechnet. Erst mit einem allfälligen Upgrade ist<br />
die restliche Recherchen- und Prüfungsgebühr*<br />
zu bezahlen.<br />
• Das, was Sie in Ihrer PRIO-Anmeldung beschrieben<br />
haben, können Sie bei Pitches, in der Werbung<br />
und bei Präsentationen zeigen – durch die Anmeldung<br />
haben Sie den amtlichen Beleg für Ihre Erfindung.<br />
Wie PRIO genau funktioniert, wer anmelden darf und<br />
was noch zu beachten ist finden Sie auf unserer Website<br />
www.patentamt.at<br />
The European Business and Investment Magazine iconannual 61
Select USA<br />
Select USA −<br />
the world’s largest market.<br />
The United States offers the largest consumer market on earth<br />
with a GDP of $18 trillion and 325 million people. Household<br />
spending is the highest in the world, accounting for over a quarter<br />
of global household consumption. At the same time, free trade<br />
agreements with 20 other countries provide enhanced access to<br />
hundreds of millions of additional consumers – and the United<br />
States continues to work with foreign partners to increase<br />
opportunities for U.S. exporters.<br />
The U.S. consumer market<br />
is the most robust on the<br />
planet. In 2014, families<br />
purchased $11.5 trillion in<br />
goods and services, or more than a<br />
fourth of the entire world’s household<br />
consumption!<br />
The United States is also a<br />
leader in consumer goods market<br />
research, product innovation,<br />
manufacturing, and branding and<br />
marketing, and offers a highly<br />
skilled workforce. This lucrative<br />
open market is a powerful growth<br />
engine for companies of all sizes.<br />
Financial markets in the United<br />
States are the largest and most liquid<br />
in the world. In 2015, finance<br />
and insurance represented 7.2 percent<br />
(or $1.293 trillion) of U.S. gross<br />
domestic product. Leadership in<br />
this large, high-growth sector translates<br />
into substantial economic activity<br />
and direct and indirect job<br />
creation in the United States.<br />
Investment in the U.S. financial<br />
services industry offers significant<br />
advantage for financial firms. In<br />
2015, at least 128 of Fortune's Global<br />
500 companies have chosen to<br />
locate their headquarters in the<br />
United States to take advantage of<br />
its creative, competitive, and comprehensive<br />
financial services sector.<br />
The industry offers great array<br />
of financial instruments and products<br />
to allow consumer to manage<br />
risk, create wealth, and meet financial<br />
needs.<br />
The United States is renowned<br />
for innovative goods and services,<br />
high standards of quality, customer<br />
service, and sound business practices<br />
– giving U.S. exports a unique<br />
competitive edge. U.S.-based businesses<br />
are connected with 20 additional<br />
countries through free trade<br />
agreements, providing enhanced<br />
access to over 760 million consumers.<br />
And the United States does not<br />
put up barriers: according to the<br />
World Bank, no other country has<br />
more rapid export procedures.<br />
Many foreign investors recognize<br />
the value offered by the<br />
United States as an export platform.<br />
The U.S. affiliates of foreign<br />
companies export US$425 billion<br />
62 iconannual The European Business and Investment Magazine
International Partners<br />
Foto: istockphoto.com<br />
worth of goods -- more than one-quarter of all U.S.<br />
goods exports.<br />
The United States is consistently ranked among<br />
the best internationally for its overall competitiveness<br />
and ease of doing business. Backed by a regulatory<br />
environment that is particularly conducive to<br />
starting and operating a business, U.S. business culture<br />
encourages free enterprise and competition. The<br />
United States welcomes free enterprise and encourages<br />
economic growth – a new business is born about<br />
every minute. From location to business structure, it<br />
is entirely up to each investor how they would like<br />
to form a business in the United States. Additionally,<br />
while the procedures for incorporating and registering<br />
a business varies by state/territory, the process is<br />
typically straightforward, fast, and inexpensive.<br />
The European Business and Investment Magazine iconannual 63
Novomatic<br />
NOVOMATIC<br />
continues its<br />
international<br />
growth strategy<br />
The NOVOMATIC Group continues<br />
to expand and for the first time<br />
ever achieves combined revenues<br />
of more than 4 billion EUR.<br />
As Europe’s leading gaming technology group,<br />
NOVOMATIC once again wowed visitors this<br />
year with the largest stand at the International<br />
Casino Exhibition ICE Totally Gaming, the most<br />
important international gaming exhibition, held February<br />
7-9, 2017 in London. On a surface area of approximately<br />
4,700 m², a total of 25 group companies presented<br />
the NOVOMATIC Group’s comprehensive product portfolio.<br />
The offer at the NOVOMATIC exhibition ranged<br />
from casino equipment, systems and cash management<br />
solutions to arcade and pub products and sports betting,<br />
lotteries and online, mobile and social gaming.<br />
“With this trade show appearance, NOVOMATIC<br />
once again proves that as a full-service provider we are<br />
among the world’s leading gaming technology groups,”<br />
added Mr. Neumann, CEO of NOVOMATIC AG, at a<br />
press conference at the ICE event in London.<br />
ICE – now in its 23 rd edition – prided itself on combining<br />
land-based and interactive under one roof and<br />
NOVOMATIC’s expansive stand enables the Group to<br />
demonstrate its leading Omni-channel solutions in<br />
every segment of the international gaming space. Split<br />
into distinct sections, visitors will be taken on a 360°<br />
journey through the world of NOVOMATIC, culminating<br />
in the traditional hospitality area with a selection<br />
of Austrian foods and drinks.<br />
Harald Neumann said: “As we are heading into<br />
another exciting year for NOVOMATIC and for the<br />
international gaming industry, stakeholders, decision<br />
makers and gaming experts all gather at ICE Totally<br />
Gaming in London where the NOVOMATIC<br />
Group again took pride of place with a 360-degree gaming<br />
experience that covered all aspects of modern gaming.”<br />
Growing success<br />
According to Mr. Neumann, preliminary calculations<br />
indicate that in fiscal year 2016, Gumpoldskirchen-based<br />
NOVOMATIC AG was able to outpace the<br />
previous year’s record results by another 10 percent to<br />
reach a total of approximately 2.3 billion EUR. The combined<br />
Group revenues, including the two Swiss sister<br />
holding companies Gryphon Invest AG and ACE Casino<br />
Holding AG, is expected to increase to 4.4 billion EUR.<br />
This revenue growth was mainly achieved in the core<br />
markets of Great Britain, Germany, Spain and Italy. The<br />
NOVOMATIC Group, furthermore, had 28,974 employees<br />
worldwide at the end of 2016 – an increase of approximately<br />
15 percent over the previous year.<br />
Ongoing expansion<br />
In 2017, the technology group will focus on expanding<br />
its market position, particularly in South America,<br />
the US, Australia and Asia. The acquisition of a majority<br />
stake in the Australian company Ainsworth Game<br />
Technology offers an important lever for the development<br />
of these markets. NOVOMATIC and Ainsworth<br />
have been working together to complete this merger<br />
64 iconannual The European Business and Investment Magazine
Innovation<br />
NOVOMATIC presents the 360° gaming experience at the<br />
ICE Totally Gaming, the industry’s leading gaming exhibition<br />
Foto: www.sebastianphilipp.com<br />
since receiving approval of the minority shareholders<br />
in June 2016. NOVOMATIC CEO Harald Neumann is<br />
looking forward to the future collaboration: “In this<br />
short time, we have already made significant progress<br />
and begun the strategic planning process for our joint<br />
future after NOVOMATIC becomes Ainsworth’s majority<br />
shareholder.” In February, Ainsworth appointed<br />
Mr. Neumann as “Non-Executive Member of the<br />
Board”. Both companies are currently in the process<br />
of obtaining the approval of various gaming authorities<br />
required for the completion of the acquisition.<br />
NOVOMATIC is also very pleased with its development<br />
as a technology supplier. The company recently<br />
entered into a five-year contract with the Greek lottery<br />
company OPAP (as of February 2017, the Sazka Group,<br />
a Czech consortium that also holds a share in Casinos<br />
Austria AG, is OPAP’s majority shareholder with<br />
a stake of 33 percent). With revenues of more than 1.4<br />
billion EUR in 2015, OPAP is the leading gaming company<br />
in Greece and Europe's fifth largest lottery operator.<br />
Starting in 2018, NOVOMATIC will be providing<br />
its innovative and secure Omni-channel platform for<br />
all OPAP lottery games.<br />
Further, the British competition authority CMA<br />
(Competition Markets Authority) recently gave the<br />
green light for the acquisition of the English company<br />
Talarius. With this acquisition, NOVOMATIC is now<br />
the largest operator in the segment of adult gaming<br />
centers in the UK.<br />
ABOUT NOVOMATIC<br />
The NOVOMATIC Group is one of the biggest international<br />
producers and operators of gaming technologies and<br />
employs around 29,000 staff worldwide. Founded by<br />
entrepreneur Professor Johann F. Graf in 1980, the Group<br />
has locations in more than 50 countries and exports hightech<br />
electronic gaming equipment and solutions to 80<br />
countries. The Group operates more than 260,000 gaming<br />
terminals in its some 1,800 plus gaming operations as well<br />
as via rental concepts.<br />
Through its numerous international subsidiaries the<br />
NOVOMATIC Group is fully active in all segments of the<br />
gaming industry and thus offers a diversified Omni-channel<br />
product portfolio to its partners and clients around the<br />
world. This product range includes land-based gaming<br />
products and services, management systems and cash<br />
management, online/mobile and social gaming solutions as<br />
well as lottery and sports betting solutions together with a<br />
range of sophisticated ancillary products and services.<br />
Foto: Novomatic<br />
The European Business and Investment Magazine iconannual 65
Monitoring systems<br />
for user-friendly short and long-term measurements<br />
HBM offers a complete solution for your measurement task.<br />
For choosing and installing the individual measurement technology components or for planning and starting<br />
up the measurement setup, including suitable training – HBM is your partner.<br />
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Analog current / voltage sensors<br />
Digital inputs / outputs<br />
Fiber-Optic Sensor Technology<br />
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■ Stand-alone data recording<br />
■ Scalable as a group of devices, allows for flexible setup and<br />
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■ Can be used in stationary or mobile applications<br />
■ Offers high measurement quality by compensating for line<br />
lengths and interference frequencies as well as high EMC<br />
stability and cyclical auto-adjustment.<br />
■ Threshold monitoring<br />
Further information: www.hbm.com/civil-engineering<br />
HBM Test and Measurement ■ Tel. + 43 1 865 8441-0 ■ info@at.hbm.com ■ www.hbm.at ■ www.argos-systems.eu
Lyoness<br />
Innovation<br />
Smart shopping in<br />
world of<br />
the<br />
Lyoness<br />
The globally active Shopping<br />
Community Lyoness has reassembled<br />
it self over the last two years. With the relaunch<br />
of the Cashback App, the company<br />
is breaking new ground in the digital world.<br />
Foto: istockphoto.com<br />
Since its foundation in 2003,<br />
Lyoness has gone on to become<br />
one of the world's largest<br />
international shopping<br />
communities. During the development<br />
of an extensive and versatile<br />
Merchant network for its Members,<br />
Lyoness attaches great value to a solid<br />
mix of chain stores, online shops<br />
and especially SMEs. It is important<br />
to Lyoness that the economy in<br />
the regions is strengthened.<br />
The Shopping Community is<br />
now active in 47 countries. The<br />
seven million Members can shop<br />
at 70,000 Loyalty Merchants and<br />
make use of attractive benefits: For<br />
they will receive up to 5% Cashback<br />
and can also collect Shopping<br />
Points for every purchase made at a<br />
Lyoness Loyalty Merchant. Lyoness<br />
provides added value not only to its<br />
Members, but to the companies as<br />
well. With the Cashback Solutions,<br />
Lyoness has created a professional<br />
customer loyalty program specifically<br />
for the SME sector. Thus,<br />
small and medium-sized enterprises<br />
can attract new and loyal customers<br />
in an efficient manner and simultaneously<br />
save on<br />
advertising and marketing<br />
costs. The B2B<br />
options are extremely<br />
attractive for SMEs:<br />
It is now possible for<br />
them to gain Lyoness<br />
Loyalty Merchants<br />
as customers and<br />
to receive Cashback<br />
when making<br />
purchases for their<br />
company at those Loyalty<br />
Merchants.<br />
Digitally linked with the<br />
Cashback App<br />
In order to make the shopping experience<br />
even more attractive for its<br />
Members, Lyoness has launched an<br />
improved version of its innovative<br />
Cashback App, which is available<br />
worldwide as both Android and<br />
iOS versions. The app offers a location-based<br />
Loyalty Merchant search<br />
including a distance indicator and<br />
a current overview of the amount<br />
of personal Cashback as well as<br />
the number of collected Shopping<br />
Points. In addition, Shopping Point<br />
Deals can be redeemed via the App<br />
and shaking the smartphone brings<br />
about the barcode of the personalised<br />
Cashback Card, thereby allowing<br />
the card to be with you wherever<br />
you go.<br />
Registering to Lyoness is completely<br />
free of charge as well as non-binding.<br />
Further information can be<br />
found at Lyoness.com<br />
The European Business and Investment Magazine iconannual 67
Elk<br />
erfolgreich bei<br />
ELKMotels und Hotels<br />
Ein großes Produktportfolio, eine starke Fokussierung auf die<br />
Kunden, laufende Innovationen bei Häusern und Haustechnik<br />
sowie höchste Qualität haben ELK zu einer bekannten Größe<br />
im Fertighausbau gemacht. Neben Einzelkunden setzen auch<br />
immer mehr Business-Partner auf die Kompetenz des Waldviertler<br />
Familienunternehmens. So gibt es mittlerweile schon<br />
mehr als 20 Nächtigungsbetriebe, die ELK realisiert hat.<br />
Foto:s ELK Fertighaus Gmbh<br />
Das prägnante Logo mit dem<br />
Elch ist untrennbar mit dem<br />
Fertighausbau verbunden.<br />
Das überrascht nicht, denn<br />
das innovative Familienunternehmen<br />
ELK hat schon für tausende Familien<br />
ein Haus fürs Leben gebaut.<br />
Das Hausangebot ist vielfältig<br />
und das garantiert, dass es für jeden<br />
Wohnwunsch und jede Familie<br />
ein passendes Haus gibt. Ob<br />
ebenerdiger Bungalow, ein günstiges<br />
Haus für Jungfamilien oder ein<br />
individuell nach Kundenwunsch<br />
realisiertes Domizil – ELK ist der<br />
richtige Partner für den Hausbau.
Innovation<br />
INNOVATIV und ENERGIESPAREND<br />
Eine große Stärke von ELK sind ständige Innovationen,<br />
sei es bei Architektur, Ausstattung oder Haustechnik.<br />
Vor einigen Jahren ging das niederösterreichische<br />
Unternehmen daran, die Energieeffizienz von<br />
Häusern zu verbessern, mit starker Wärmedämmung<br />
und zukunftsweisender Haustechnik.<br />
ERFOLGREICH im HOTELBAU<br />
Auch im Motel- und Hotelbau punktet ELK mit perfektionierter<br />
Ausführung, Technik und Logistik, kurzer<br />
Bauzeit sowie niedrigen Kosten. So gibt es mittlerweile<br />
mehr als 20 von ELK geplante, produzierte<br />
und errichtete Hotels bzw. Motels. Alle Standorte<br />
und alle Infos zu Motels und Hotels von ELK findet<br />
sich unter www.elkmotel.at<br />
The European Business and Investment Magazine iconannual 69
Institute of Science and Technology Austria<br />
The Institute of Science and Technology Austria<br />
(IST Austria) is an international, PhD-granting,<br />
interdisciplinary research institution dedicated<br />
to cutting-edge basic research in the life sciences,<br />
physics, math, and computer sciences and<br />
training the next generation of scientists.<br />
IST Austria<br />
Training the next<br />
generation of<br />
scientists<br />
An ecosystem for science and career development<br />
One of IST Austria’s main objectives is to help outstanding<br />
scientists to successfully climb the steps of a meaningful<br />
career. Emphasis is put on supporting career<br />
development on all stages of an international scientific<br />
career ranging from internship programs and PhD<br />
studies to Tenure Track professorships and promotion<br />
to Full Professors after international external Tenure<br />
evaluation. The multi-disciplinary US-style Graduate<br />
School provides depth and breadth of a modern, interdisciplinary<br />
PhD education.<br />
Scientific quality and promise as hiring criteria<br />
Effective recruiting ensuring scientific quality and<br />
potential is the only key to sustainable success on all<br />
career levels at IST Austria. Applications are accepted<br />
from all scientific fields currently present: Biology,<br />
Neuroscience, Mathematics, Physics, and Computer<br />
science. Scientists are integrated in world-class multidisciplinary<br />
research, with close interactions with<br />
colleagues from different fields (through shared facilities,<br />
joint projects, and events). IST Austria aims to<br />
break down the traditional boundaries between disciplines<br />
and fosters both theoretical and experimental<br />
research, with an emphasis on close and meaningful<br />
collaborations between the two camps.<br />
ISTplus Postdoc Program – Horizon 2020 MSCA<br />
COFUND<br />
With the implementation of the ISTplus program IST<br />
Austria also wants to break new grounds for the advancement<br />
of scientific careers on the postdoctoral level.<br />
No matter if postdocs stay in research (academia<br />
or industry), or go into management (founding small<br />
companies, running big companies), or into the public<br />
sector (science administration, policy advice) – international<br />
recruitment based on excellence and diversity<br />
combined with the specific research and training<br />
program will lead to successful alumni in all of these<br />
fields. As a coherently integrated program with strong<br />
monitoring, evaluation and follow-up, it offers two-year<br />
fellowships for highly qualified, incoming postdocs<br />
70 iconannual The European Business and Investment Magazine
Innovation<br />
The ISTplus Program has received funding from the European<br />
Union’s Horizon 2020 research and innovation programme under<br />
the Marie Skłodowska-Curie grant agreement No 754411.<br />
featuring an open, bottom-up<br />
international recruiting<br />
process, truly interdisciplinary<br />
research<br />
options, a Targeted Competence<br />
Building program,<br />
and a secondment scheme<br />
with an intersectoral network<br />
of partners.<br />
Cross-boundary network<br />
The ISTplus postdoc program is a first step in a longer-term<br />
undertaking to establish close interaction<br />
and cross-fertilization between stakeholders from<br />
different sectors. As a consequence the program will<br />
be carried out with a partner network, incl. SMEs, applied<br />
research companies, organizations in the field of<br />
tech transfer and science education, and commercial<br />
enterprises. A secondment scheme will kick-start and<br />
facilitate cross-boundary networking and translational<br />
research. Fellows will be supported in the choice<br />
Fotos: IST Austria/Nadine Poncioni<br />
of the right partner, in setting up a research plan, and<br />
may opt for an extension of the fellowship for up to<br />
six months to enable intersectoral mobility. Various<br />
events, workshops, trainings, and further activities in<br />
the area of tech transfer will cultivate an open-minded<br />
entrepreneurial spirit among program participants.<br />
Fellows planning to pursue intersectoral co-operations<br />
even after their fellowships will be given the option<br />
to do so by applying to the internally funded one-year<br />
TWIST-fellowship.<br />
Translation to economy<br />
The project to build a science and technology park for<br />
research-intensive enterprises adjacent to the IST Austria<br />
campus is one of the key actions to establish an<br />
innovative ecosystem at and around its campus. The<br />
completion of the first buildings is expected for 2018.<br />
Already now, IST Austria rents out office space to future<br />
residents of the tech park, that are interested in the<br />
research fields present at IST Austria. Thus frequent<br />
and direct interaction with stakeholders from different<br />
sectors happens naturally and on a daily basis.<br />
IST Austria was established by the federal government<br />
of Austria and the state government of Lower Austria and<br />
was inaugurated in 2009. Following the implementation of<br />
the ambitious development plan, about 90 research groups<br />
will be working in a highly modern environment by 2026,<br />
modeled after international examples such as the Max<br />
Planck institutes, ETH Zurich, and the Weizmann Institute of<br />
Science. President of IST Austria is Thomas A. Henzinger, a<br />
leading computer scientist and AAAS, ACM and IEEE Fellow.<br />
www.ist.ac.at<br />
The European Business and Investment Magazine iconannual 71
Osterreichischer Stadtebund<br />
Smart Cities:<br />
Transformation,<br />
Transition,<br />
Change.<br />
These are very interesting<br />
times for cities. During the<br />
last decades, cities constantly<br />
gained greater attention.<br />
Urbanisation is no longer a<br />
new trend – it is a fact.<br />
Cities like Vienna grow double the amount of<br />
people that have been predicted and to cope<br />
with that, the city is in constant change. In the<br />
US „change“ is associated with a quite positive<br />
meaning: Change is good, change smells like future.<br />
In Europe, it is not that easy when it comes to change.<br />
Nonetheless we all are aware of the need to cope with<br />
it. So for the last years, the cities political and administrative<br />
representatives intensely engaged themselves in<br />
opportunities and threads of the digitalization process<br />
that arose around the „Smart Cities Initiative“.<br />
During the ongoing research on e-mobility services<br />
automotive driving brought another significant twist<br />
into this discussion. And along came once again the<br />
question: When it comes to accidents - shall machines<br />
decide who will be saved and who not? This is the<br />
most serious of all previous „smart-up your life“ discussions.<br />
Local politicians are in the middle of this<br />
process. It has never been an easy job but with a more<br />
complex world, it has grown into a huge challenge. The<br />
Austrian Association of Cities and Towns (AACT) has<br />
been founded to represent the interests of Austria`s<br />
municipalities. It is a platform, where city representatives<br />
exchange their experiences and knowledge and<br />
formulate united efforts. This year the AACT`s General<br />
Assembly concentrates on the topic „To think the city<br />
anew – To master digitalisation“ 1 .<br />
Looking back, when it comes to mobility, things<br />
seem quite clear today: Our cities suffer from congestion<br />
and particulates and digitalisation is providing<br />
the much-needed intelligent solution. In Vienna congestion<br />
causes a damage of Euros 300.000,- per day,<br />
but digitalisation clearly proofed to be a helpful tool to<br />
shift people`s mobility behaviour.<br />
Another relevant topic for European cities is online<br />
trade: We`ve already undermined our historical city<br />
structure by car-concentrated outskirt shopping malls.<br />
Nowadays, e-commerce is most popular, 56% of the<br />
consumers confirm to already buy online 2 .<br />
Last but not least, a recent study says that during the<br />
next 30 years, 43 percent of all EU-Jobs will be automatized.<br />
3 In Austria, only 12 percent of working people<br />
expect more jobs through digitalization, sceptics are<br />
1 www.staedtetag.at<br />
2 www.pressebox.de/inaktiv/kpmg-ag-wirtschaftspruefungsgesellschaft/KPMG-Umfrage-Digitalisierung-und-Vernetzung-verschaerfen-Wettbewerb/boxid/627648 -><br />
3 Presse am Sonntag, 20.11.2016, Seite 4, Ausland<br />
72 iconannual The European Business and Investment Magazine
Future Cities<br />
Smart Shuttles in Sitten,<br />
Switzerland<br />
Foto: Joel Kernasenko<br />
Foto: PostAuto Schweiz<br />
Digitalisation has reached the cities<br />
sure that 20 percent of all jobs will be lost. 4<br />
Experiences and polls are one way to ponder, another<br />
is applied research. And there are some extreme<br />
examples: In the US, actually a city for 35.000 people is<br />
being built for research purpose only. But what results<br />
will research without real-life-users bring?<br />
Cities as well as citizens have always proofed to be<br />
adaptable. The tramway once replaced carriages, and<br />
where automotive driving will lead us. In Austria 60<br />
percent of the people think that advantages prevail,<br />
when it comes to technological innovation. 5 So, sceptic<br />
or not: We all are more or less fascinated by new inventions<br />
that seem to come straight out of a Science Fiction<br />
movie. And cities want and have to be partners in this<br />
innovation process. While economy and research can<br />
only concentrate on the solution of a specific part or<br />
problem in one`s life – the people behind „the City“<br />
have the responsibility to ensure a sound structure of<br />
public services and a good quality of life.<br />
There are no easy decisions, when it comes to<br />
change. Beate Hollbach-Grömig, expert for Trade at the<br />
German Institute for Urbanism (difu) recently raised<br />
red flags: Online trade is „ruinous for city centers“.<br />
Reals costs and ecological stress are being neglected.<br />
One solution for city centers might be digitalisation itself,<br />
like online platforms for local shops and Apps for<br />
online grocery shopping and delivery. But the expert<br />
closes her speech with good reason as follows: „Cities<br />
are attractive because of their (historical) structure and<br />
atmosphere.“ That’s their unique selling proposition.<br />
Throughout all necessary transition, transformation<br />
and change we should not forget about that.<br />
4 & 5 Marketagent.com (im Auftrag der DBT), www.it-press.at/presseaussendung/IKT_20160520_IKT0009/oesterreicher-erwarten-arbeitsplatzverluste-durch-digitalisierung-bild<br />
The European Business and Investment Magazine iconannual 73
Austrian Institute of Technology<br />
At AIT, models are being<br />
developed on how urban<br />
centers of tomorrow can be<br />
simulated, planned and ultimately<br />
realized.<br />
Our services<br />
Developing tools in order to:<br />
• understand network interaction<br />
and support city planning<br />
• efficiently identify energy losses<br />
in the cities<br />
• visualize the effectiveness of<br />
CO 2<br />
reduction measures<br />
• reduce energy consumption in<br />
urban areas<br />
• increase the safety of the population<br />
and maintain water quality.<br />
Foto: Johannes Zinner/AIT<br />
Prof. Dr. Reinhard König,<br />
Senior Scientist at the Center<br />
for Energy, Sustainable<br />
Buildings and Cities, Austrian<br />
Institute of Technology<br />
„ Thanks to Design Space<br />
Exploration, we are<br />
developing models that<br />
provide an important<br />
basis to arrive at fast<br />
compromise solutions<br />
for complex urban<br />
planning issues.“<br />
Our work<br />
According to UN Habitat estimates,<br />
about 3 million people around the<br />
world are moving to urban centers<br />
every week – the proportion of the<br />
urban population will thus further<br />
increase in the coming decades<br />
and rise to about 70 percent by<br />
2050. This, however, also leads to<br />
increasing social and ecological<br />
challenges as cities are already<br />
one of the main causes of climate<br />
change. They consume about twothirds<br />
of the total energy and thus<br />
also account for a large part of CO 2<br />
emissions. Urban spaces are a very<br />
complex system in regards to their<br />
structure and networks, whose<br />
physical, social, technological and<br />
economic development depends on<br />
the interactions between the public<br />
sector, businesses, politicians<br />
and citizens of the city, but also on<br />
the interaction with the city surroundings<br />
and with other cities.<br />
Developing livable, resource-conserving<br />
and low-emission cities therefore<br />
requires special concepts,<br />
procedures, processes and tools to<br />
be deployed in a complex interplay<br />
with stakeholders.<br />
74 iconannual The European Business and Investment Magazine
Future Cities<br />
Planning the cities<br />
of tomorrow<br />
A smart city comes to life:<br />
the lakeside city of Aspern<br />
is an interdisciplinary<br />
research project with<br />
AIT participation.<br />
Foto: Lukas Lang<br />
Simulation models startng<br />
with the green meadow<br />
AIT therefore designs simulation<br />
models that open the door to<br />
an analysis of the questions posed<br />
and create solutions – always<br />
doing so in a highly complex, interdisciplinary<br />
context and with<br />
the clear goal of conflict resolution.<br />
Measuring and interpreting<br />
behavior<br />
The findings are relevant to the<br />
developers and providers of future<br />
metropolitan centers to be able to<br />
provide effective solutions as well<br />
as to urban decision-makers in order<br />
to be able to invest in the most<br />
promising measures for achieving<br />
social and urban planning objectives.<br />
City planners are forced to<br />
create structures that are as resilient<br />
as possible and will not be<br />
completely obsolete 10 years down<br />
the road. Therefore, AIT can generate<br />
different variants at the push<br />
of a button which significantly<br />
support the relevant decision-making<br />
processes.<br />
Complexity science hub<br />
The Complexity Science Hub in<br />
Vienna is a showcase project for<br />
the interplay between research<br />
institutes and innovative companies<br />
for smart cities in which concepts<br />
for urban development are<br />
being developed by the Technical<br />
University of Vienna and AIT<br />
on an interdisciplinary basis. For<br />
only multi-modal, holistic and<br />
cross-sectoral solutions will make<br />
it possible for cities to remain viable<br />
and “smart” in the future. In<br />
order to accelerate a comprehensive<br />
implementation of smart city<br />
concepts, scientific methods are<br />
being developed that allow the<br />
handling of complex questions in<br />
this interdisciplinary context.<br />
The European Business and Investment Magazine iconannual 75
MA 23 _ Wirtschaft Arbeit und Statistik<br />
What is a future city? A quick<br />
web search seems to provide a<br />
simple answer: cities of the future<br />
are characterised by constant<br />
growth, a booming tourism industry,<br />
high quality of life, low prices,<br />
a competitive economy, perfect<br />
infrastructure, political stability<br />
and a cosmopolitan attitude.<br />
Mag. Elisabeth Unger<br />
Dezernat Forschung, Technologie und Innovation<br />
MA 23 - Wirtschaft, Arbeit und Statistik<br />
Future cities<br />
as hubs for growth<br />
Their population is highly<br />
educated, open-minded, mobile,<br />
creative and diverse.<br />
Of course, everything about<br />
these cities is smart, innovative,<br />
resource-efficient and socially responsible.<br />
Most probably, to be honest, no<br />
single city in the world has all of<br />
these characteristics, but some cities<br />
can clearly be associated with at<br />
least part of them.<br />
What about Vienna? In terms of<br />
tourism and quality of life, the Austrian<br />
capital certainly meets the criteria.<br />
Vienna is among the world’s<br />
most highly rated cities in areas<br />
like cultural life, infrastructure<br />
and innovation. It tops the Mercer<br />
survey on quality of living in international<br />
cities on a regular basis. To<br />
keep this status in the future, the<br />
Vienna City Administration has<br />
committed to the Smart City Wien<br />
concept for an intelligent, sustainable<br />
and opportunity-oriented city<br />
of the future. Its key focus is on ensuring<br />
and further improving the<br />
city’s ecological, economic and social<br />
performance. At the same time,<br />
demographic change, new patterns<br />
of employment and consumption,<br />
technological progress and the<br />
greening economy have considerable<br />
impact on cities like Vienna.<br />
After all, Vienna is a fast-growing,<br />
young and multicultural city.<br />
With a population of 1.9 million,<br />
projected to reach the two million<br />
mark in a few years, it is currently<br />
the sixth largest EU city. Its historical<br />
background and central location<br />
at the heart of Europe make it<br />
an attractive business location and<br />
a magnet for people from the German<br />
speaking parts of Europe, the<br />
surrounding regions and countries.<br />
Immigration from the Middle East<br />
is also on the increase.<br />
With over 195,000 students –<br />
more than in Berlin or Munich –<br />
Vienna is now the biggest university<br />
city in the German-speaking<br />
countries. Around a quarter of the<br />
city’s enrolled students come from<br />
abroad. Knowledge, research and its<br />
application in the form of new technologies<br />
and innovative products<br />
or processes form the basis for the<br />
city’s successful future. Vienna is<br />
among the top ICT cities in Europe,<br />
with a strong service sector focusing<br />
mainly on leading-edge technology.<br />
76 iconannual The European Business and Investment Magazine
Future Cities<br />
Foto: Peter Burgstaller<br />
As a city of university education<br />
and services, Vienna stimulates the<br />
creation of new jobs in future-oriented<br />
sectors like ICT, life sciences<br />
and other R&D intensive fields. The<br />
number of businesses conducting<br />
research has tripled over the past<br />
15 years. More than 40,000 people<br />
are currently employed in research<br />
and development, and the number<br />
of jobs in this sector is projected to<br />
increase sustainably. R&D spending<br />
as a percentage of the gross regional<br />
product is yet another indicator for<br />
a location’s knowledge focus; with<br />
currently 3.6%, Vienna is among<br />
the top regions in Europe in this<br />
regard. Furthermore, Vienna has<br />
a very favourable efficiency score:<br />
in terms of labour productivity, Vienna<br />
is among the top 10 first-tier<br />
metropolitan regions, and efficiency<br />
has been rising faster over the<br />
medium term than could be expected<br />
against the backdrop of convergence<br />
trends in the urban system.<br />
Nevertheless, Vienna’s success story is not only<br />
based on its economic strength. High quality of living<br />
also means that everybody who lives in the city should<br />
be able to participate in social life in accordance with<br />
their own needs and preferences. This applies to all<br />
spheres of life – the labour market, cultural offers, educational<br />
facilities etc. Insecurities and uncertainties<br />
caused by social change and, in particular, by fastpaced<br />
technological change must be taken seriously<br />
and require targeted measures to tackle these challenges<br />
(e.g. information, further education and training,<br />
support and assistance). Vienna’s claim that no one<br />
should be left behind is also laid down in the city’s<br />
economic policy guidelines.<br />
In summary: can Vienna be called a future city? Its<br />
excellent quality of living, high ecological standards,<br />
economic success, social stability and forward-looking,<br />
innovation-friendly policies certainly speak a clear language.<br />
The Austrian capital has always been known for<br />
its optimistic outlook on the future, its generally positive<br />
attitude towards new developments, and its willingness<br />
to take an active part in these changes. All in<br />
all, the conclusion is clear: when talking about future<br />
cities, there are many good reasons to count Vienna in.<br />
Foto: Christian Jobst<br />
Foto: Peter Burgstaller<br />
The European Business and Investment Magazine iconannual 77
Kommunalkredit Austria<br />
Paradigm shift in<br />
infrastructure financing<br />
The environment for infrastructure<br />
financing in Europe has<br />
changed drastically in recent<br />
years. This has resulted in a<br />
paradigm shift.<br />
As governments have hit the<br />
debt ceiling – currently, the<br />
national debt of 17 out of 28<br />
EU Member States exceeds<br />
the Maastricht limit of 60% of GDP 1 –<br />
the financing of infrastructure investments<br />
has become increasingly<br />
difficult. This has led, in turn, to a<br />
shift from budget financing to project<br />
financing. Moreover, new regulatory<br />
provisions for banks are<br />
making it more difficult for them<br />
to hold long-term assets, and the<br />
costs of long-term lending have increased<br />
significantly. At the same<br />
time, the historically low level of<br />
capital market yields is compelling<br />
investors to broaden their investment<br />
universe.<br />
In this environment, infrastructure<br />
investments represent an attractive<br />
asset class that is likely to<br />
generate stable cash flows in the<br />
long term, with institutional investors<br />
benefiting from a more favourable<br />
regulatory treatment of<br />
equity than in the case of corporate<br />
investments.<br />
Demand for infrastructure investments<br />
is high, especially in the<br />
energy and transport sectors; according<br />
to estimates by the European<br />
Investment Bank (EIB), approx.<br />
EUR 2,000 billion<br />
2 in capital<br />
expenditure will<br />
be required within<br />
the European<br />
Union (EU)<br />
during the period<br />
up to 2020,<br />
not counting<br />
other important<br />
sectors such<br />
as waste, waste<br />
water and social<br />
infrastructure.<br />
Special schemes,<br />
such as the Juncker<br />
Plan initiated<br />
in 2015 (European<br />
Fund for<br />
Strategic Investments<br />
/ EFSI),<br />
Alois Steinbichler<br />
Chairman of the Executive Board<br />
of Kommunalkredit Austria<br />
through which public and private<br />
investments in the real economy in<br />
a volume of at least EUR 500 billion 3<br />
are to be mobilized over a period of<br />
three years, are intended to help<br />
meet this demand and stimulate<br />
economic activity.<br />
Kommunalkredit Austria has<br />
positioned itself as an expert in public-sector-related<br />
infrastructure<br />
project business.<br />
The bank acts as<br />
a bridge between<br />
project sponsors<br />
requiring structuring<br />
and financing<br />
solutions,<br />
on the one hand,<br />
and institutional<br />
investors<br />
(insurance companies,<br />
invest-<br />
Foto: Petra Spiola<br />
ment funds, etc.)<br />
looking for investment<br />
opportunities,<br />
on the<br />
other hand. The<br />
bank’s direct focus<br />
is on project<br />
1 Public Debt, Austrian Economic Chamber: European Commission, OECD, November 2016.<br />
2 Private Infrastructure Finance and Investment in Europe, EIB 2013.<br />
3 Strengthening European Investments for Jobs and Growth: Towards a second Phase of the European Fund for strategic Investments and a new European external Investment Plan, European Commission,<br />
September 2016.<br />
78 iconannual The European Business and Investment Magazine
International Finance & Projects<br />
structuring and the financing of the construction phase,<br />
whereas long-term finance for the operational phase<br />
is provided, above all, by institutional investors, who<br />
tend to focus increasingly on asset classes with stable<br />
cash flows. In this context, public-sector-related infrastructure<br />
projects are an attractive target segment.<br />
Serving a broad customer base in Austria and the<br />
European core countries, Kommunalkredit concentrates,<br />
above all, on projects in the sectors of<br />
• social infrastructure (care homes, health care and<br />
educational institutions,<br />
administrative<br />
buildings),<br />
• transport (commuter<br />
transport, road and rail<br />
transport), and<br />
• energy & environment<br />
(sustainable sources of<br />
energy).<br />
Kommunalkredit covers<br />
the entire value<br />
chain, i.e. project consulting,<br />
project structuring<br />
and, in particular, financing<br />
of the construction<br />
phase. In an effort to meet the demand for project<br />
finance more effectively, given the limited financial<br />
latitude allowed to public budgets due to the need for<br />
budget consolidation, the bank also offers alternative<br />
forms of finance, e.g. models of availability-based<br />
compensation.<br />
The availability model is well suited for public-sector<br />
projects, such as the construction and/or renovation<br />
of public facilities, e.g. schools or kindergartens, as<br />
it provides a framework not only for the construction<br />
of the facility, but also for its continuous availability<br />
over a certain contract term. The facility is planned,<br />
financed, built and operated by a special purpose company<br />
under private law on behalf of the public-sector<br />
principal and in cooperation with a private partner.<br />
Thus, availability models go beyond pure financing,<br />
as they also constitute a method of procurement. The<br />
expertise of private partners is used to limit the risk<br />
for the public-sector principal. Thus, the private partner<br />
assumes not only the construction risk, but also<br />
the risk of limited availability, as the compensation<br />
to be paid by the public sector-client depends on the<br />
fulfilment of a previously agreed set of specifications.<br />
Except for the availability compensation, models of<br />
this type do not count for the European System of Accounts<br />
(ESA) and the Maastricht criteria.<br />
Graph: Availability model for the construction and maintenance of a school<br />
Kommunalkredit’s bridge function consists in its<br />
ability to structure projects in cooperation with public-sector<br />
principals and private partners, to design<br />
a financing structure, to raise funds for the construction<br />
phase and to cover long-term refinancing during<br />
project operation together with institutional investors,<br />
such as pension funds or insurance companies.<br />
These are ideal prerequisites for an accelerated implementation<br />
of infrastructure projects. On this basis,<br />
Kommunalkredit has been involved in a number of<br />
infrastructure projects, such as the construction of<br />
a new building for a government ministry, a road rehabilitation<br />
and lighting project, and a credit facility<br />
for the renovation of a school building, all within the<br />
framework of availability models, in several European<br />
countries.<br />
The European Business and Investment Magazine iconannual 79
SummerLight Capital Partners<br />
Private Equity Partners<br />
Während Ihr Unternehmen Finanzierung für Betriebsmittel und<br />
Arbeitskapital erwerben kann, ziehen bis dato Markeninvestitionen<br />
selten das Interesse der Finanzwirtschaft auf sich.<br />
Die Zukunft Europas hängt<br />
allerdings am geistigen Eigentum<br />
und hier besonders<br />
an den vielen starken und<br />
wertvollen Marken, die noch viel<br />
besser vermarktet werden müssen.<br />
Aber wie lassen sich Markeninvestitionen<br />
finanzieren? Durch<br />
alternative Finanzierungsformen<br />
wie etwa Private Equity, Venture<br />
Capital oder spezialisierte Markenfonds,<br />
wird hier ein großes Potential<br />
geschaffen.<br />
SummerLight Capital Partners<br />
fokussiert sich auf Unternehmen in<br />
Europa, die eine schnell wachsende<br />
Marke im Einzelhandel, Dienstleistungssektor<br />
und in der Konsumgüterindustrie<br />
besitzen. Mit<br />
dem European Consumer Brand<br />
Fund schaffen wir Möglichkeiten,<br />
die es bisher in Europa nicht gab.<br />
Unsere gemeinsame Aufgabe ist es,<br />
das Wachstumspotential Ihres Unternehmens<br />
durch Branding auszuschöpfen.<br />
Jede Investment Situation ist<br />
unterschiedlich und ein individueller<br />
Ansatz vonnöten. Das<br />
Markenunternehmen wird vorab<br />
genau analysiert und es werden<br />
Strategien über die zukünftige<br />
Ausrichtung des Unternehmens<br />
und dessen Marken entwickelt. In<br />
den meisten Fällen führt dies zu<br />
einer Anteilspartnerschaft (Private<br />
Equity), aber auch Markenfinanzierungsprogramme<br />
können<br />
in Verbindung mit Private Equity<br />
oder Stand-Alone umgesetzt werden.<br />
Die Entwicklung der operativen<br />
Ergebnisse und KPIs und die<br />
dazu notwendigen Instrumente,<br />
sind eine Voraussetzung für eine<br />
positive gemeinsame Markenentwicklung.<br />
Durch die Wiederbelebung von<br />
„Heritage Brands“ und mit nachhaltigen<br />
Investitionen in bestehende<br />
Marken, die in Europa vor allem<br />
durch viele Klein- und Mittelbetriebe<br />
vorhanden sind, haben wir<br />
hier ein immenses Marken-Potential.<br />
SummerLight Capital Partners<br />
bieten Kapital und Know-how zur<br />
Markenentwicklung und ermöglichen<br />
damit die Wertsteigerung für<br />
ihr Unternehmen.<br />
Gehen wir gemeinsam den Weg zu<br />
neuen Nummer 1 Marken.<br />
80 iconannual The European Business and Investment Magazine
International Finance & Projects<br />
Foto: Christina Haeusler<br />
Foto: Schedl/APA/European Brand Institute<br />
Klaus Müllner<br />
Founder & Chief Investment Officer<br />
Dr. Gerhard Hrebicek<br />
Founder & Chief Brand Officer<br />
While your company can obtain funding for<br />
growth and working capital, brand building<br />
investments do not attract interest from the<br />
funding community that much.<br />
Foto: istockphoto.com<br />
Europe’s future depends on intellectual property<br />
and in particular on the many strong and<br />
valuable brands that should be marketed even<br />
better. But how can brand investments be financed?<br />
Great potential is created through alternative<br />
financing such as private equity, venture capital or<br />
specialized brand funds.<br />
SummerLight Capital Partners focus on companies<br />
in Europe with a fast-growing brand in the retail,<br />
services and the consumer goods industry. With the<br />
European Consumer Brand Fund, we are creating opportunities<br />
that have not yet existed in Europe. Our<br />
mission is to establish your business’ growth potential<br />
through Branding.<br />
Each investment situation is different and an individual<br />
approach is required. A potential company<br />
is precisely analyzed and discussions are conducted<br />
about the company’s orientation. In most cases,<br />
the results lead to a private equity partnership, but<br />
brand financing programs can also be considered in<br />
connection with private equity or stand-alone. The<br />
development of the operating results and KPI’s and<br />
the necessary tools are a prerequisite for a positive<br />
brand development.<br />
By reloading “Heritage Brands” through sustainable<br />
investment in existing brands, which we find in<br />
many small and medium-sized enterprises in Europe,<br />
we can raise an immense brand potential.<br />
SummerLight Capital Partners provide capital and<br />
know-how for brand development and therefore enable<br />
value creation for your company by brand-led growth.<br />
Let’s start a journey together to build new number 1<br />
brands!<br />
The European Business and Investment Magazine iconannual 81
Lansky, Ganzger + partner<br />
Directive<br />
2014/95/<br />
Foto: CanStockPhoto.com<br />
In the case of individual countries, such as France and<br />
Denmark, comprehensive disclosure requirements<br />
for undertakings have already been applicable. Until<br />
now, these have been exceptions in the EU. In the era<br />
of globalisation, undertakings operate worldwide and,<br />
due to interlinked supply chains, across country borders.<br />
In the course of their global operations, human<br />
rights violations and harmful environmental influences<br />
can, however, also occur. For this reason, there is<br />
mounting global pressure on companies to act in a responsible<br />
and sustainable manner. On the international<br />
level, a trend towards mandatory CSR reporting may be<br />
observed, with politicians recognising the importance<br />
of corporate responsibility for society and the environment.<br />
In October 2014, the European Parliament and the<br />
European Council placed an important emphasis on<br />
“managing change towards a sustainable global economy”<br />
with the amendments to Directive 2013/34/EU:<br />
the amended Directive (2014/95/EU) provides for the<br />
mandatory disclosure of “non-financial and diversity<br />
information” in the financial reporting of “certain large<br />
undertakings and groups”. With effect from January<br />
2017, there is a CSR-reporting obligation. The focus is<br />
on minimum standards for non-financial reporting,<br />
applicable across Europe, in order to establish transparency<br />
and comparability. The EU therefore obliges<br />
large undertakings to disclose social and ecological<br />
matters, as well as related risks, strategies, achieved results,<br />
and non-financial performance indicators. This<br />
“non-financial information” should provide information<br />
about commitment to sustainability in business<br />
activity and strengthen investor and consumer trust.<br />
At the same time, the disclosure requirements promote<br />
better comparability with regard to corporate responsibility.<br />
The disclosure requirements only concern those<br />
undertakings, which are public-interest entities (according<br />
to § 189a (1) of the Austrian Commercial Code<br />
[UGB] in Austria), whose balance sheet total exceeds<br />
20 million euros, or whose turnover exceeds 40 million<br />
euros, and whose annual average number of employees<br />
exceeds 500. In this regard, undertakings of<br />
public interest (“public interest entities”, “PIEs”) are<br />
undertakings whose securities are admitted to trading<br />
on the stock market of an EU Member State or that of a<br />
signatory state of the EEA, corporate credit institutions<br />
and insurance companies, or undertakings, which, irrespective<br />
of their legal form, are described as “public<br />
interest entities” in federal law with reference to their<br />
purpose.<br />
The information to be disclosed in the progress report<br />
section of the management report includes details<br />
that are necessary for understanding the undertaking’s<br />
operations and its performance, the position of the<br />
group, as well as the impact of its activities, and must<br />
make reference, as a minimum, to environmental, social,<br />
and employee matters, to respect for human rights,<br />
82 iconannual The European Business and Investment Magazine
International Finance & Projects<br />
EU commits undertakings<br />
to sustainability<br />
and measures to tackle corruption and bribery [Article<br />
19a, paragraph 1, points a) to e), Directive 2014/95/<br />
EU]. The report must also include policies and a description<br />
of due diligence processes implemented with<br />
regard to social and employee-related matters. The results<br />
of such policies, main risks associated with the<br />
matters outlined above, business relationships, as well<br />
as the most significant non-financial performance indicators,<br />
should also be indicated [Article 19a, paragraph<br />
1, points a) to e), Directive 2014/95/EU]. The matters<br />
and information to be reported should be identified on<br />
the basis of their significance for the undertaking. An<br />
omission of information should be explained following<br />
the “comply or explain” principle. There are, therefore,<br />
no mandatory specifications regarding the length. Guidelines<br />
of the Global Reporting Initiative (GRI), as well<br />
as other internationally-recognised standards, such<br />
as, for example, the ISO 26000 guidelines, can provide<br />
guidance for the content of the sustainability report.<br />
In the area of risks for human rights, the CSR guide<br />
of the “UN Guiding Principles Reporting Framework”<br />
sets the standards.<br />
The sustainability report must be disclosed either<br />
as a statement in the progress report, or in the form<br />
of a so-called “separate non-financial statement”. The<br />
Directive requires that Member States ensure that the<br />
statutory auditor or the audit firm checks whether the<br />
non-financial statement or the separate report have<br />
been provided (Article 19a, Paragraph 1.5 of Directive >><br />
Dipl. iur.<br />
Tatiana<br />
Urdaneta<br />
Wittek is<br />
an attorney-at-law<br />
at Lansky,<br />
Ganzger +<br />
partner<br />
(LGP) and<br />
founding<br />
member of<br />
the Austrian Desk of the Italienische Handelskammer<br />
für Deutschland (Italian Chamber of<br />
Commerce for Germany, ITKAM). The lawyer,<br />
who is qualified in the jurisdictions of several<br />
countries, grew up in Italy, and predominantly<br />
represents clients on matters of Italian law,<br />
and on all issues pertaining to bilateral trade<br />
relations between Austria, Germany, and Italy.<br />
Further specialisations include human rights<br />
and international law, areas which today play<br />
a major role in the global economy. Since the<br />
creation of the Austrian Desk, Tatiana Urdaneta<br />
Wittek has been involved in strengthening<br />
the positioning of the “Made in Italy” mark in<br />
Austria. She is licensed to practice as a lawyer<br />
in Germany and Austria, studied law in Cologne,<br />
Lausanne and Vienna, and speaks fluent<br />
German, English, French, Italian, and Spanish.<br />
Foto: LGP<br />
The European Business and Investment Magazine iconannual 83
Thinking outside the box<br />
is not just a phrase,<br />
but rather our approach<br />
to legal advice.<br />
“Grow your market share. Leave protecting your business to us.” That is what lawyers usually say.<br />
At LANSKY, GANZGER + partners we do not limit ourselves to presenting legal issues.<br />
Native language experts, lawyers and advisors from more than 20 nations bring the necessary<br />
skills to the table to solve a wide range of problems in day-to-day business life. Our geographic<br />
reach extends to Southern Europe, into the CIS area, and Asia. Our network includes local partner<br />
firms in over 50 countries worldwide.<br />
Successful legal advice means more than simply knowing and applying the law.<br />
We Lansky, provide Ganzger advice + on:<br />
partner, one of the leading law firms in Austria and the Slovak Republic,<br />
• has Company longstanding formation and profound M&A<br />
experience that enables it to deliver an all-encompassing,<br />
• inter Setting disciplinary up sales structures<br />
and cross-regional service of the highest level.<br />
• Labour law issues<br />
• Lansky, Market Ganzger launch of + products partner and closely services<br />
col labo rates<br />
and inter national banks, corporations and<br />
• with Media, ex ternal IP and specialists IT<br />
and a worldwide network<br />
companies have, over the past years, relied on<br />
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International Finance & Projects<br />
2014/95/EU). Member States may additionally stipulate<br />
that the content of the report is checked by an independent<br />
provider of auditing services – an external content<br />
audit is therefore not a requirement of the Directive.<br />
In Austria, Directive 2014/95/EU was implemented<br />
into national law with the introduction of the Improving<br />
Sustainability and Diversity law (Nachhaltigkeitsund<br />
Diversitätsverbesserungsgesetz, NaDiVeG). This<br />
was published in the Federal Law Gazette on 19.01.2017.<br />
The legislature has intervened both in the Austrian<br />
Commercial Code (Unternehmensgesetzbuch, UGB),<br />
as well as in<br />
In Austria, Directive<br />
2014/95/EU was implemented<br />
into national law.<br />
the Austrian<br />
Stock Corporation<br />
Act<br />
(Aktiengesetz,<br />
AktG), and in<br />
the Austrian<br />
Limited Liability Company Act (GmbH-Gesetz) – in<br />
this manner, § 243b and § 267a, for instance, were newly<br />
incorporated into the Austrian Commercial Code.<br />
The latter contain the obligation for a “non-financial<br />
statement”. The NaDiVeG stipulates mandatory disclosure<br />
on diversity policy and its promotion through the<br />
administrative, management and supervisory bodies of<br />
the undertaking. In Austria, approximately 125 undertakings<br />
are subject to the NaDiVeG reporting requirements<br />
1 .<br />
Altogether, approximately 6000 undertakings<br />
across Europe must fulfil the Directive’s reporting requirements.<br />
However, the number of undertakings required<br />
to do this varies between the EU Member States.<br />
In Slovakia, approximately 30 to 40 undertakings are<br />
subject to the reporting requirements of the amended<br />
version of the Accounting Act (i.e. Accounting Act/<br />
Federal Constitutional Law 1992, in its version no.<br />
431/2002), into which the EU Directive has been transposed.<br />
2 By contrast, in Croatia, the number of undertakings<br />
is estimated at approximately 200. 3<br />
Small and medium-sized undertakings are (for the<br />
time being) exempt from the reporting requirements<br />
pursuant to Directive 2014/95/EU. Nevertheless, the<br />
EU provision permits the inclusion of further undertakings<br />
in the reporting requirements at a later date.<br />
One thing is certain: already, the newly introduced reporting<br />
requirements are radiating out to undertakings<br />
(albeit indirectly), which are not yet subject to this obligation.<br />
This is because undertakings subject to the CSR<br />
reporting obligation, for their part, disclose information<br />
about suppliers and networks. As a result, information<br />
pertaining to CSR may also be requested along<br />
supply chains from small and medium-sized enterprises,<br />
with whom the undertaking has a contractual relationship.<br />
Conflicting “Codes of Conduct” among individual<br />
contractual partners can certainly lead to legal<br />
uncertainties. An agreement on standardized information<br />
requirements between all stakeholders,<br />
in the form of a voluntary reporting standard,<br />
can serve as a corrective in this matter.<br />
An improvement in transparency of reporting<br />
is an important step towards responsible<br />
business practice. An undertaking can only<br />
change its business practice with relation to<br />
sustainability when it is aware of the substance and<br />
impact of its economic activity. Through the disclosure<br />
obligation, and the associated need to structure business<br />
activity in the non-financial area, the undertaking<br />
automatically assumes social responsibility.<br />
A shift has taken place in our society: undertakings<br />
are no longer merely judged by their economic<br />
performance. On the contrary: commitment to social<br />
and ecological issues (also documented in the annual<br />
report) may even increase the undertaking’s value.<br />
Correspondingly, CSR reports are used as a marketing<br />
tool, because a proactive observance of human rights<br />
increases the attractiveness of the undertaking for investors,<br />
employees and customers. The EU Directive<br />
2014/95/EU takes the growing importance of sustainability<br />
issues in our society into account. An obligation<br />
for reporting in matters of sustainability is not<br />
only relevant for corporations, but also for medium-sized<br />
suppliers.<br />
As such, the<br />
Directive encompasses<br />
(at least indirectly)<br />
a huge<br />
segment of<br />
market participants.<br />
Foto: shutterstock.com<br />
1 www.wko.at/Content.Node/Service/Umwelt-und-Energie/Nachhaltigkeit-und-Umweltmanagement/Nachhaltigkeit/Unternehmen/Informationspflicht-ueber-Nachhaltigkeitsaspekte.html<br />
2 & 3 www.csreurope.org<br />
The European Business and Investment Magazine iconannual 85
China Council for Brand Development (CCBD)<br />
Fotos: CCBD<br />
2016 China Brand Evaluation Press Conference<br />
CCBD is mainly engaged in brand<br />
theory study, formulation of international<br />
and national standards,<br />
publicity of brand evaluation, professional<br />
and technical training,<br />
international cooperation, etc.<br />
China Council for Brand Development (CCBD)<br />
is the only national brand-related organization<br />
that has acquired permission from State Council<br />
and approval from Ministry of Civil Affairs<br />
of the PRC and is under the direct administration of<br />
General Administration of Quality Supervision, Inspection<br />
and Quarantine of the PRC (hereinafter referred<br />
to as “AQSIQ”). Adopting the system of council,<br />
CCBD is a non-profit social organization constituted<br />
voluntarily by enterprises, public institutions, social<br />
groups and individuals that are relevant to brand development.<br />
Mr. LIU Pingjun, member of the national<br />
committee of CPPCC and former deputy director of<br />
AQSIQ, acts as the president of CCBD.<br />
CCBD is mainly engaged in brand theory study,<br />
formulation of international and national standards,<br />
publicity of brand value evaluation, brand fostering<br />
consultation, professional and technician training,<br />
brand exhibition, international cooperation and exchange,<br />
etc.<br />
CCBD has been focusing on brand evaluation,<br />
which is currently its important undertaking, in<br />
86 iconannual The European Business and Investment Magazine
Branding<br />
China Council for<br />
Brand Development<br />
To be scientific, impartial,<br />
transparent and admitted<br />
the principle of “To be scientific, impartial, transparent<br />
and admitted”. It also publishes “China Brand<br />
Evaluation Information” on Dec. 12th every year by<br />
cooperating with entities like CCTV to conduct annual<br />
summary and analysis on Chinese brands’ comprehensive<br />
connotation and value. Brand evaluation<br />
is an important action to generate positive energy for<br />
Chinese brands, improve their international influence<br />
and propel them to go global.<br />
As required by the development of international<br />
brand evaluation, International Organization for Standardization<br />
(ISO) established a Technical Committee<br />
(ISO/TC 289 Brand Evaluation) in January, 2014 through<br />
the voting among ISO members and ISO/TMB<br />
in response to the joint proposal from China (SAC)<br />
and the U.S. (ANSI). The secretariat of ISO/TC 289 is<br />
in CCBD, which also hold the national mirror committee<br />
in China.<br />
By now, ISO/TC 289 Brand Evaluation has held<br />
three plenary meetings in Beijing, London and Cancun;<br />
and four Working Group (ISO/TC 289/WG 1<br />
Brand Evaluation Process) meetings in Shenzhen,<br />
Vienna, Cancun and Moscow for the development<br />
of new international standard. SAC (China) and ASI<br />
(Austria) share the convenorship of ISO/TC 289/WG<br />
1 to initiate the formulation of international standard<br />
Brand Evaluation-Fundamentals and Principles.<br />
CCBD is willing to cooperate with institutions of<br />
brand research, evaluation and management all over<br />
the world in multiple levels and aspects to promote<br />
brand development and build a better life.<br />
The European Business and Investment Magazine iconannual 87
Technical Committee 066<br />
Experience<br />
and business reputation<br />
as a part of a brand<br />
Nowadays, the activities of<br />
any company are being<br />
evaluated and criticized<br />
either by the consumers or<br />
by independent rating agencies. A<br />
positive or negative score of a company<br />
has a significant impact on<br />
their business development. One<br />
of the basic indicators that can be<br />
evaluated in any brand or company<br />
is their reputation.<br />
Evaluation of experience and<br />
business reputation of enterprises<br />
is a relatively new concept for Russia,<br />
but every day is gaining popularity.<br />
The image and reputation are<br />
both parts of a brand. However, the<br />
two concepts intertwine semantic<br />
elements, but the difference lies<br />
in the fact that the image of an organization<br />
can be created through<br />
advertising and the media in a relatively<br />
short time, while the reputation<br />
is earned over the whole life<br />
of the enterprise, and constantly<br />
needs to be verified.<br />
In some cases the image of a<br />
brand can compensate the absence<br />
of other distinctive features of<br />
products or services. As a rule, it<br />
serves to attract customers. Business<br />
reputation determines the<br />
level of confidence and motivation<br />
in appealing to a particular brand.<br />
Based on a positive business reputation,<br />
the customer considers the<br />
brand as a guarantee of quality and<br />
prefers it in building long-term<br />
relationships. A well-known and<br />
popular brand adds value to the<br />
service or product.<br />
Business reputation as an intangible<br />
asset of the company has<br />
a significant impact on competitiveness<br />
and business efficiency.<br />
This intangible asset can be calculated.<br />
Currently, there are a couple<br />
of methods for assessing business<br />
reputation. It does not exist separately<br />
from the company and it is<br />
impossible to dispose of as a separate<br />
object. Positive business reputation<br />
can be regarded as a supplement<br />
to the price.<br />
Evaluation of experience and<br />
business reputation arose in re-<br />
88 iconannual The European Business and Investment Magazine
Branding<br />
Fotos: Anna Zobnina<br />
sponse to a new trend in Russian<br />
society — a need for trust in commercial<br />
structures.<br />
The construction industry is<br />
one of the key industries, which<br />
plays a huge role in formation of the<br />
national economy. Stabilization of<br />
the construction market following<br />
the 2008 crisis became a prerequisite<br />
for the emergence of many<br />
small and medium-sized contracting<br />
and subcontracting organizations.<br />
Despite the fact that at that<br />
time there were already self-regulatory<br />
organizations (SRO), which<br />
supervised and issued permits for<br />
certain type of jobs, in the construction<br />
industry the problem of<br />
choosing and controlling scrupulous<br />
providers has increased. Lack<br />
of control resulted a decline in the<br />
quality of services and disruption<br />
of the execution of the obligations<br />
by the enterprises.<br />
A system, which would contribute to the improvement<br />
of quality and settles a classification of suppliers<br />
(on a number of grounds) measuring their reliability<br />
at the same time, simply did not exist.<br />
The first standard was published in 2014, which<br />
gave the scope of evaluation of experience and business<br />
reputation of construction companies in the Russian<br />
market. Later on, the Technical Committee for<br />
Standardization 066 "Evaluation of experience and<br />
business reputation of enterprises" developed an improved<br />
version of it and other standards in new areas<br />
as well.<br />
The evaluation system of experience and business<br />
reputation is dynamically developing and has established<br />
itself as an effective instrument to achieve a<br />
result in fair selection of service provider, as well as<br />
in increasing service quality.<br />
Technical Committee 066 cooperates with the European<br />
Brands Institute participating in meetings of<br />
the International Organization for Standardization -<br />
Technical Committee (ISO/TC 289. Brand Evaluation.)<br />
and in preparing of the implementation of the brand<br />
evaluation standard in Russia. TC 066 is kind of a<br />
counterpart of the TC 289. Their activities are related,<br />
as business reputation is an integral part of the brand.<br />
The cooperation between the two committees would<br />
continue and deepen. Several joint projects are scheduled<br />
in the year 2017.<br />
The 4 th Meeting of<br />
ISO/TC 289/WG1<br />
Moscow, Nov 2016<br />
Thomas Mezossy<br />
Head of Authority<br />
Member of TC 066 and TC 289<br />
The European Business and Investment Magazine iconannual 89
Bobby J. Calder<br />
Brands as<br />
Intangible Assets −<br />
Changing the Future!<br />
Everyone recognizes that brands are<br />
important. But why are standards for<br />
determining brand value important?<br />
To start<br />
with, we<br />
must realize<br />
that<br />
since the 1990s<br />
investment in<br />
intangible assets<br />
(such as-<br />
R&D, software,<br />
human resources<br />
and brands)<br />
has exceeded<br />
that of tangible<br />
assets. The<br />
intangible asset<br />
value component<br />
of the S&P<br />
stock index<br />
grew from 32<br />
percent in 1985<br />
to 87 percent in<br />
2015.<br />
100 %<br />
80 %<br />
60 %<br />
40 %<br />
20 %<br />
0 %<br />
COMPONENTS OF S&P 500 MARKET VALUE<br />
83 % 68 % 32 % 20 % 13 %<br />
87 %<br />
80 %<br />
68 %<br />
32 %<br />
17 %<br />
1975 1985 1995 2005 2015<br />
Tangible Assets Intangible Assets<br />
Source: Ocean Tomo, LLC<br />
90 iconannual The European Business and Investment Magazine
Branding<br />
Foto: Renate Altenhofer<br />
Foto: Kellogg Graduate School of Management<br />
Bobby J. Calder<br />
is the Kellstadt Professor of Marketing at the<br />
Kellogg Graduate School of Management,<br />
Northwestern University, Evanston, IL USA.<br />
Intangible assets are now the<br />
key to economic growth and increasing<br />
corporate value. Unfortunately,<br />
as with intangible assets<br />
generally, it has historically been<br />
very difficult assign a value to<br />
brands. Everyone recognizes that<br />
brands are important. It is just<br />
that in the past we have had great<br />
difficulty in measuring the value<br />
of a brand. There has been little<br />
success in developing standards<br />
for brand value.<br />
The reason for this is that standards<br />
for intangible assets are in<br />
general difficult to develop and<br />
they are particularly difficult for<br />
brands because of the very nature<br />
of a brand. On the face of it everyone<br />
knows what a brand is and<br />
would recognize the American<br />
Marketing Associations definition<br />
of a brand as a “Name, term, design,<br />
symbol, or any other feature<br />
that identifies one seller’s good or<br />
service as distinct from those of<br />
other sellers.”<br />
This definition is good, so far<br />
as it goes, but it does not go far<br />
enough, for brands are really not<br />
things. Brands exist in the minds<br />
of customers. Names, symbols and<br />
the like are just ways of referring<br />
to brands, ideally in a way that<br />
itself influences how consumers<br />
think about the brand. The brand,<br />
however, is the ultimate meaning,<br />
or the idea, of the product in the<br />
consumer’s head. It is how the<br />
consumer thinks about the product,<br />
what he or she believes to be<br />
true about it.<br />
These beliefs can be functional<br />
in that they concern what the product<br />
does or how well it does something.<br />
Beliefs can also be emotional,<br />
how the brand makes the<br />
consumer feel. They can also be<br />
beliefs about what kind of person<br />
you are if you buy the brand. The<br />
brand can become linked to the<br />
consumer’s very concept of self.<br />
A brand is thus subjective, not<br />
objective. The key point to realize<br />
is that it is the consumer who<br />
owns the brand. The brand exists<br />
in their subjective world.<br />
Although brands are created<br />
by tangible investments in advertising<br />
and other marketing activities,<br />
the resulting brand is the idea<br />
or meaning that is created in the<br />
consumer’s mind. It is an intangible<br />
asset. Beyond this, and unlike<br />
software or patents, a brand<br />
only exists as a subjective state in<br />
the consumer mind. From a company’s<br />
point of view, the question<br />
becomes, how do you assess<br />
the value of a brand when brands<br />
are so intangible as to be essentially<br />
subjective. A standard must<br />
necessarily set a monetary valuation<br />
for something that exists in<br />
the consumer’s head.<br />
To do this we have to first<br />
evaluate the strength of the brand.<br />
A standard must specify the<br />
different kinds of indicators of<br />
brand strength that can be used to<br />
evaluate the power of the brand >><br />
The European Business and Investment Magazine iconannual 91
Bobby J. Calder<br />
idea or meaning in the consumer’s<br />
mind. Many indicators have been<br />
developed by marketers and used<br />
to measure brand strength. A simple<br />
one would be to ask consumers<br />
which brand in a category they<br />
would pick if they could have any<br />
of them regardless of price.<br />
A measure of brand strength is<br />
not sufficient however. A strong<br />
brand might make little difference<br />
in the actual marketplace (being<br />
outweighed by other factors); a<br />
weak brand might still make a<br />
difference (if there is nothing else<br />
to influence choice). Hence a standard<br />
must also incorporate a test<br />
of brand performance. This test<br />
has to reveal the effect or impact of<br />
the brand’s strength on some critical<br />
market behavior. An obvious<br />
test for many brands is how likely<br />
the consumer would be to buy the<br />
brand at a higher price than at its<br />
current price (i.e., at a price premium).<br />
We would need to determine<br />
the amount of any price premium<br />
(willingness to pay extra) that is<br />
due to brand strength. Consumers<br />
might be willing to pay a price<br />
premium for other reasons, say,<br />
because of better distribution for<br />
the product. The evaluation of the<br />
brand should only take into account<br />
the price premium attributable<br />
to the brand’s level of brand<br />
strength.<br />
The final step in determining<br />
the value of a<br />
brand is to relate the<br />
evaluation of the brand<br />
to one or more metrics<br />
of financial performance.<br />
The performance on<br />
financial cash flow determines<br />
the valuation<br />
of the brand.<br />
The value of a brand for a company<br />
can thus be measured even<br />
though brands are inherently<br />
intangible and subjective. For<br />
such measurements to be accepted<br />
and implemented, however, standards<br />
must be developed so that<br />
measurements are consistent and<br />
comparable across organizations<br />
and over time.<br />
Standards are the key really<br />
being able in the future to treat<br />
brands as intangible<br />
financial assets<br />
so that they may be<br />
fully taken into account<br />
in corporate<br />
governance and in<br />
transactions among<br />
companies as well<br />
as in investment<br />
decisions. And instead<br />
of managing<br />
marketing functions<br />
based on efficiency<br />
(such as the<br />
number of consumers<br />
reached by an<br />
advertising expenditure)<br />
brand value<br />
standards offer the opportunity<br />
to manage effectiveness- how effective<br />
the organization is in creating<br />
brand value as an intangible<br />
asset.<br />
92 iconannual The European Business and Investment Magazine
Branding<br />
Fotos: Renate Altenhofer<br />
DEFINITION OF A BRAND:<br />
Name, term, design, symbol, or any<br />
other feature that identifies one<br />
seller’s good or service as distinct<br />
from those of other sellers.<br />
The European Business and Investment Magazine iconannual 93
European Brand Institute<br />
KR DI Dr. Gerhard Hrebicek<br />
Präsident European Brand Institute<br />
MARKEN sind<br />
Foto: Schedl/APA/European Brand Institute<br />
Qualitatsmerkmale<br />
und Wertfaktoren<br />
Es ist kein Geheimnis, dass Marken von größerer<br />
Bedeutung sind, als die Produkte oder Dienstleistungen<br />
selbst. „People buy brands not<br />
products“ – gilt insbesondere in der globalen<br />
Kommunikationsgesellschaft. Marken werden<br />
zwar teilweise schon als höchst wertvolle Güter<br />
des Wirtschafts lebens anerkannt, ein großer<br />
Weg bleibt uns aber noch zu gehen.<br />
Im Rahmen einer guten Markenführung und im<br />
Sinne einer guten Corporate Governance müssen<br />
Marken und deren Beeinflussungsgrößen nicht<br />
nur im Sinne der Kunden sondern auch für Investoren,<br />
Aktionäre, das Management, die Gesellschaft,<br />
die Partner und die Mitarbeiter verfolgt, verstanden<br />
und gemanagt werden.<br />
Der Trend in der Entwicklung der Werthaltigkeit<br />
von Vermögensgegenständen in Unternehmen heute<br />
geht weg von den materiellen und hin zu immateriellen<br />
Vermögensgegenständen. Das wertorientierte<br />
Management sollte daher vor allem auf immaterielle<br />
Vermögensgegenstände – also auf die Marke –<br />
ausgerichtet sein.<br />
Man erwartet zunehmend nicht nur eine finanzorientierte<br />
und auf „hard facts“ basierende<br />
Informationsgestaltung, sondern vor allem eine<br />
stärkere Integration der „soft facts“, um die Effizienz<br />
und Abläufe der unternehmerischen Entscheidungsstruktur<br />
besser nachvollziehen zu können<br />
und den Wettbewerbsfaktor Marke transparent<br />
darzustellen.<br />
94 iconannual The European Business and Investment Magazine
Branding<br />
Foto: istockphoto.com<br />
Mit den neuen ISO Normen<br />
leisten wir hier einen<br />
wesentlichen Beitrag dazu.<br />
Als immaterieller Vermögensgegenstand wird der<br />
Wert der Marke auch eine der wichtigsten bilanzrelevanten<br />
Kennziffern. Informationen darüber<br />
werden für Investoren und Kapitalgeber immer von<br />
zentraler Bedeutung sein.<br />
Investoren erkennen bereits zunehmend die<br />
Vorteile einer starken Marke: also erhöhte Rentabilität<br />
und niedrigeres Risiko. Auch kenne Sie die<br />
Tatsache, dass der Wert der Marke oftmals einen<br />
Großteil des gesamten Unternehmenswertes, laut<br />
unseren Studien im Durchschnitt um die 40 Prozent<br />
aller Unternehmen, Tendenz Richtung 60 Prozent<br />
steigend, darstellt. Deshalb ist es wichtig, Marken<br />
und Patente in regelmäßigen Abständen von<br />
unabhängigen Experten qualifizieren und bewerten<br />
zu lassen. >><br />
The European Business and Investment Magazine iconannual 95
European Brand Institute<br />
MISSION<br />
Die Steigerung des Werts von Marken für alle Stakeholder<br />
für eine inte grative und nachhaltige Entwicklung.<br />
Unternehmensführung / Reporting<br />
Öffentlichkeit / Gesellschaft<br />
BRAND<br />
Konsumenten / Mitarbeiter<br />
Investoren / Finanzen<br />
WARUM MARKEN BEWERTEN?<br />
VERHANDLUNGS−<br />
SITUATIONEN<br />
MARKEN<br />
MANAGEMENT<br />
FINANZIERUNG<br />
• Markengeschäfte<br />
• Fusionen & Erwerb<br />
• Markenrechtsverletzungen<br />
• Benchmarking – Studien<br />
• Strategische Planung<br />
• Portfolio Management<br />
• Marken Controlling<br />
• Franchising<br />
• Lizenzen<br />
• Fundraising<br />
Foto: istockphoto.com<br />
EBI unterstützt die europäische Wirtschaft beim<br />
Aufbau Marken- und IP-orientierter Unternehmensstrukturen<br />
und begleitet auch kleine und mittlere<br />
Unternehmen bei der Maximierung ihrer Marken-IP<br />
Werte und der Schaffung von Nachhaltigkeit.<br />
EBI unterstützt Unternehmen und Organisationen<br />
mit innovativen Dienstleistungen, ihre wichtigsten<br />
immateriellen Vermögenswerte – die Marke<br />
& IP – in einer wertorientierten Weise zu managen<br />
um Wettbewerbsvorteile zu realisieren.<br />
96 iconannual The European Business and Investment Magazine
Branding<br />
An new ISO Standard on Brand<br />
Evaluation will be developed<br />
In September 2014, a new ISO committee on<br />
Brand Evaluation was constituted in Bejing.<br />
Foto: CCBD<br />
Within this committee a new global<br />
standard on brand evaluation will<br />
be developed, where the President<br />
of European Brand Institute, Dr.<br />
Gerhard Hrebicek holds the Chair.<br />
Goals of this new ISO<br />
Initiative are as follows:<br />
This standard is aimed to standardize<br />
the technical requirements and<br />
evaluation methods in the implementation<br />
of major components of<br />
brand valuation, which will guide<br />
the brand manager and brand evaluators<br />
to conduct activities in the<br />
field of brand evaluation.<br />
Brand evaluation contains<br />
three major steps:<br />
1. identify the key elements which<br />
influence brand value<br />
2. measure the actual performance<br />
of brand key elements (taking the<br />
stake holders' awareness and evaluation<br />
of all key elements into account)<br />
3. draw the conclusions (including<br />
monetary and non-monetary).<br />
Although the key elements of brand<br />
value and evaluation methods are<br />
various, the major influencing factors<br />
can be identified by study on<br />
successful brand cases and analysis<br />
of the relevant data.<br />
The benefits of the development<br />
of the new ISO Standard<br />
on Brand Evaluation<br />
The international standard of<br />
brand evaluation will bring more<br />
brand information to the consumers<br />
and more information on the<br />
evaluation and management of<br />
the world's best brands research<br />
results and practical experience<br />
(particularly in developing countries,<br />
small and medium-sized<br />
enterprises) in order to conduct<br />
brand management more effectively<br />
to the brand owners.<br />
The European Business and Investment Magazine iconannual 97
European Brand Institute<br />
GLOBAL TOP 100<br />
BRAND CORPORATIONS 2016<br />
Global TOP 10 Brand Corporations Brand Value in Mio. €<br />
91.850<br />
75.572<br />
73.426<br />
59.486<br />
55.413<br />
54.200<br />
53.334<br />
52.390<br />
50.242<br />
148.531<br />
©2016 European Brand Institute<br />
World’s most valuable brand corporations 2016<br />
World’s most valuable brand<br />
corporations US-dominated:<br />
1. Apple, 2. Google, 3. Microsoft,<br />
Alibaba shows highest growth<br />
(+77%) overall<br />
The GLOBAL TOP 100 BRAND<br />
CORPORATIONS RANKING by<br />
European Brand Institute – Europe’s<br />
independent brand & patent<br />
valuation experts, examined more<br />
than 3.000 brand corporations and<br />
their brands in 16 industries, according<br />
to the latest ISO valuation<br />
standards.<br />
Global<br />
Apple remains world’s leading<br />
brand corporation with a brand<br />
value of EUR 148,531 bn (+8%), followed<br />
by Google representing EUR<br />
91,850 bn (+25%) and Microsoft<br />
with a brand value of EUR 75,572<br />
bn (+13%). Amazon increasing its<br />
brand value by +54%, climbing to<br />
global rank 7. Asian No.1 China<br />
Mobile EUR 52,946 bn (+9%) holds<br />
global rank No.9.<br />
Europe<br />
French No.1 LVMH remains Europe’s<br />
most valuable brand corporation,<br />
representing brand values of EUR<br />
43,510 bn (+9% / global rank 14), followed<br />
by Belgian AB Inbev showing<br />
EUR 39,468 bn (+10% / global rank<br />
17) and Swiss No.1 Nestlé representing<br />
EUR 37,957 bn (+11% / global<br />
rank 20). German No.1 Volkswagen<br />
Group EUR 26,662 bn holds global<br />
rank 28, Austrian’s Red Bull EUR 15,<br />
111 bn holds global rank 70.<br />
Growth<br />
Average growth of TOP 100 shows<br />
+13%, TOP10 USA rise by +17%,<br />
TOP10 China grow by +22% and<br />
Europe’s TOP 10 grow by +13% .<br />
Alibaba shows the highest growth<br />
(+77%), followed by Facebook gaining<br />
+57% and ex-aequo Starbucks<br />
and Amazon by +54%. Europe’s<br />
growth leaders are Robert Bosch<br />
and BT Group increasing their<br />
brand values by +28%.<br />
Segmentation<br />
US brand corporations are leading<br />
with 49 (+2) out of the TOP 100<br />
brand corporations. Europe represents<br />
35 (0) with Germans leading,<br />
whilst Asia is represented with 16<br />
(-2) brand corporations.<br />
98 iconannual The European Business and Investment Magazine
Branding<br />
Industry Leaders<br />
Foto: istockphoto.com<br />
Europe’s industry leaders are:<br />
• Automotive –<br />
Volkswagen Group (Germany)<br />
• Business Services – SAP<br />
(Germany)<br />
• Consumer Goods – AB Inbev<br />
(Belgium)<br />
• Durables – Bosch (Germany)<br />
• Financial Services – HSBC (U.K.)<br />
• Industry – BASF (Germany)<br />
• Luxury – LVMH (France)<br />
• Media & Entertainment –<br />
Bertelsmann (Germany)<br />
• Pharma, Health & Biotech –<br />
Novartis (Switzerland)<br />
• Retail – Inditex (Spain)<br />
• Telecommunications –<br />
Vodafone (U.K.)<br />
• Utilities – Shell (U.K.)<br />
America’s industry leaders are:<br />
• Automotive – General Motors<br />
• Consumer Goods –<br />
Coca Cola Company<br />
• Durables – Nike<br />
• Financial Services – Wells Fargo<br />
• Industry – Boeing<br />
• IT & Technology – Apple<br />
• Logistics – UPS<br />
• Media & Entertainment –<br />
Walt Disney<br />
• Pharma, Health & Biotech –<br />
Pfizer<br />
• Retail – Amazon<br />
• Telecommunications – AT&T<br />
• Utilities – General Electric<br />
Asia’s industry leaders are:<br />
• Automotive – Toyota (Japan)<br />
• Financial Services –<br />
China Construction Bank (China)<br />
• Industry – Tata (India)<br />
• IT & Technology – Samsung<br />
(Korea)<br />
• Retail – Alibaba Group (China)<br />
• Telecommunications –<br />
China Mobile (China)<br />
Data based on Fiscal Year 2015<br />
The European Business and Investment Magazine iconannual 99
About<br />
iconvienna<br />
iconvienna is an organization, which aims to<br />
promote business contacts between Austrian and<br />
international companies and regions. Annually in<br />
April, the European Business and Investment Forum<br />
iconvienna invites to an active dialogue and personal<br />
networking. According to the motto:<br />
"Make Contacts to Contracts"<br />
We provide services for<br />
participants and partners<br />
through personal<br />
contact and presentation<br />
opportunities. We develop<br />
the most recognized European<br />
platform for business and economics.<br />
iconvienna allows company<br />
representatives and decision<br />
makers to present projects in<br />
exclusive circles and specifically<br />
to establish contacts with export<br />
markets.<br />
iconvienna in brief<br />
iconvienna – Make Contacts<br />
to Contracts<br />
The European Business & Investment<br />
Forum iconvienna is an<br />
exclusive Business & Networking<br />
Event, promoting business<br />
contacts between Austrian and<br />
international companies and encouraging<br />
project and investment<br />
business between East and West.<br />
Following the motto “Make Contacts<br />
to Contracts”, top-level national<br />
and international decision<br />
makers from politics and economy,<br />
international experts and<br />
representatives of regions meet<br />
at the forum. We deliver value to<br />
participants and partners through<br />
personal contacts with executives,<br />
entrepreneurs, government officials,<br />
project partners, as well as<br />
concrete business opportunities at<br />
the forum.<br />
Conference Language<br />
German and English with simultaneous<br />
translations<br />
Welcome reception in<br />
Vienna City Hall<br />
The Opening Night at the Vienna<br />
City Hall is an excellent occasion<br />
for easy initial contacts and thus<br />
promote networking and know<br />
how exchange, offering delegations<br />
of regions the opportunity to<br />
introduce themselves to potential<br />
business partners, investors and<br />
decision makers.<br />
Expert Panels<br />
During the day, national and international<br />
experts present and<br />
discuss contemporary key issues<br />
that are vital to Europe’s integration<br />
and sustainable development.<br />
Project Exhibition<br />
Enterprises and regions present<br />
100 iconannual The European Business and Investment Magazine
iconvienna<br />
(left to right) Gerhard Hrebicek, Xingle Gao, Wilhelm Molterer, Jürgen Roth, Ingrid Valentini-Wanka<br />
Fotos: Katharina Schiffl<br />
(left to right) Ambassadors: H.E. Antonio Roberto Castellanos Lopez (Guatemala), H.E. Paulina<br />
Franceschi (Panama), H.E. Juan Antonio Fernandez Palacios (Cuba), H.E. Ramon Andres Quinones<br />
Rodriguez (Dominican Republic), H.E. Wilson Marcelo Pastor Morris (Ecuador), H.E. Alvaro José Robelo<br />
Gonzales (Nicaragua), H.E. Jesse Alonso Chacon Escamillo (Venezuela)<br />
best practice projects and opportunities.<br />
This is an excellent<br />
chance to network, attract investors<br />
and to acquire new business<br />
partners.<br />
High Ranking Participants<br />
CEOs, entrepreneurs, top politicians,<br />
representatives of regions,<br />
international organizations and<br />
science meet at the iconvienna forum.<br />
Including side events, participants<br />
from approximately 40 different<br />
countries join each forum.<br />
Vision<br />
iconvienna – the appealing platform<br />
in the center of Europe for<br />
the effective promotion of economic<br />
and social integration in<br />
Europe. >><br />
(left to right) Alois Steinbichler, Monika Langthaler, Edgar Maras, Andrea Faast,<br />
Andreas Matthä, Andrea Winkler, Gerhard Hrebicek, Julian Jäger<br />
The European Business and Investment Magazine iconannual 101
Carla Natascha &<br />
Band<br />
Fotos: Katharina Schiffl<br />
Mission<br />
iconvienna offers an appealing,<br />
promoting and effective environment<br />
including the features of the<br />
city of Vienna such as:<br />
• Vienna as a secure hub for the<br />
international Project-Businesses<br />
for representatives from politics<br />
and economy<br />
• a mix of new and effective business<br />
and social events for regions<br />
and companies including<br />
amongst others exhibitions, presentations,<br />
lounges, contact areas,<br />
panel discussions and keynote<br />
speeches, dinners and receptions,<br />
as well as<br />
• cooperation with public institutions,<br />
business incorporations,<br />
media and business partners<br />
from the East and West<br />
iconvienna emblazes the background<br />
for a successful integration<br />
between East and West, especially<br />
• the actual economic development<br />
within the East and the<br />
West<br />
• regional "Priority"-Projects<br />
• Best Practice experiences of regions<br />
and companies, as well as<br />
• environmental, resource and financial<br />
questions<br />
(left to right)<br />
Hans Greiner – Cisco, Johann Pluy – ÖBB,<br />
Dorothee Ritz – Microsoft, Ulrike Huemer –<br />
City of Vienna, Eva Kühn – TU Vienna,<br />
Bernd Richter – ASCR<br />
iconvienna provides an effective<br />
and efficient contact platform between<br />
East and West, in which<br />
• targeted contacts to experts and<br />
decision makers can be established,<br />
• the attractive side events offer an<br />
ideal atmosphere to<br />
• establish a cooperation network<br />
including targeted contacts to<br />
business partners,<br />
• the international business network<br />
can be of use year-round and<br />
• equity financing, growth capital<br />
and advancing across partners<br />
can be provided.<br />
102 iconannual The European Business and Investment Magazine
iconvienna<br />
Values<br />
Respect and Confidence<br />
Our cooperation bases on reliability, veracity, transparency<br />
and open communication. We respect the<br />
cultural and social usage and differences of the countries<br />
in and with which we are working.<br />
Expertise<br />
Professional competence, innovation, quick decisions<br />
and flexibility affect our work and the work of our<br />
partners.<br />
Conference at the Austrian Federal Economic Chamber<br />
Customer Focus<br />
We and our partners concentrate on the individual<br />
requirements of our customers and provide efficient<br />
and effective support to strengthen your competitive<br />
position and productivity.<br />
Corporate Responsibility<br />
Through responsible exposure to the resources of our<br />
customers, as well as the adoption of our employees and<br />
partners talents we create long-ranging cooperations.<br />
FACTS AND FIGURES<br />
Patronage:<br />
Dr. Michael Häupl, Mayor and<br />
Regional Governor of Vienna<br />
Countries of origin since 2005:<br />
Participants from 78 countries<br />
Chairman of the Advisory Board:<br />
KR Dr. René Alfons Haiden<br />
President:<br />
Foundation: 2004<br />
First Forum: 2005<br />
KR DI Dr. Gerhard Hrebicek, MBA<br />
Target Groups: National and international Top<br />
Decision-Makers from international<br />
organizations, Politics, Economy,<br />
Science and Media Representatives of<br />
Regions from Russia, Central & Eastern<br />
Europe, Latin America and the<br />
Caribbean and USA<br />
Motto:<br />
Make Contacts to Contracts<br />
Participants since 2006: around 8.900<br />
Speakers since 2005: around 650<br />
FOCUS 2017:<br />
Grow Together<br />
Previous Focus Areas:<br />
• International Summit on Innovative Entrepreneurship (2016)<br />
• East-West Summit on Regional Cooperation through Innovation<br />
and Entrepreneurship (2015)<br />
• East-West Summit on Innovation and Smart Cities (2014)<br />
• East-West Summit on Innovation and Infrastructure (2013)<br />
• East-West Summit on Innovations for Growth in the<br />
Danube Region (2012)<br />
• East-West Summit on Innovation and Sustainability (2011)<br />
• East-West Summit on Energy and Sustainability (2010)<br />
• East-West Summit: New opportunities through East-West<br />
Cooperation (2009)<br />
• Challenge Russia - Europe-Russia: New Opportunities (2008)<br />
• Future Investments for Europe (2007)<br />
• Sustainable Solutions for the Information Society (2006)<br />
• Information and Consulting (2005)<br />
The European Business and Investment Magazine iconannual 103
Anzeige<br />
Destillerie Peter Affenzeller:<br />
Die flussigen<br />
Schatze des<br />
Muhlviertels<br />
Die Edel-Destillerie Peter Affenzeller<br />
aus dem oberösterreichischen<br />
Mühlviertel ist<br />
tief in der Region verwurzelt.<br />
Für die Produktion, der weit<br />
über die Grenzen des Landes hinaus<br />
bekannten Spirituosen, wird<br />
ausschließlich eigenes Getreide,<br />
bestes heimisches Quellwasser<br />
sowie hochwertiges Holz für die<br />
Fässer verwendet. So entstehen die<br />
unverwechselbaren, hochprozentigen<br />
„Schätze des Mühlviertels“<br />
als durch und durch regionale Produkte,<br />
mit dem hohen Anspruch<br />
auch im internationalen Vergleich<br />
zu bestehen.<br />
Fine Austrian Whisky<br />
Whisky ist ein mystisches Getränk.<br />
Geprägt von jahrhundertelanger<br />
Tradition. Gebrannt aus<br />
Getreide, vermischt mit klarem<br />
Wasser und sorgsam über Jahre im<br />
Eichenfass gereift. Jeder Whisky<br />
besitzt seinen eigenen, individuellen<br />
und herkunftsspezifischen<br />
Geschmack. Das gilt insbesondere<br />
auch für die international<br />
vielfach ausgezeichneten Whiskys<br />
von Peter Affenzeller. Diese<br />
wurden zuletzt bei der Destillata,<br />
der bedeutendsten europäischen<br />
Prämierung für Spirituosen, mit 7<br />
Goldmedaillen ausgezeichnet und<br />
in zwei Kategorien zum Whisky<br />
des Jahres gekürt. 6 weitere Medaillen<br />
auf der International Wine<br />
and Spirit Competition (IWSC) in<br />
London bestätigen ebenfalls den<br />
hohen Qualitätsanspruch der edlen<br />
Destillate aus Oberösterreich.<br />
„ Meine Vision waren<br />
immer regional geprägte<br />
Top-Destillate, die aber<br />
auch internationalen<br />
Ansprüchen gerecht<br />
werden und Experten<br />
rund um den Globus zu<br />
100 % überzeugen.“<br />
Vodka und Gin im Zeichen des<br />
Schwans<br />
Ergänzend zum so erfolgreichen<br />
Whisky-Sortiment, vermag Peter<br />
Affenzeller auch mit seiner Vodka-<br />
und Gin-Linie „White Swan“<br />
zu beeindrucken. Die sprichwörtliche<br />
Reinheit und Schönheit des<br />
Schwans steht bei „White Swan“<br />
sinnbildhaft für die Brillanz und<br />
Perfektion dieser beiden Destillate.<br />
Egal ob der Vodka mit seinem kühlen<br />
Duft, den feinen Vanillenoten<br />
sowie der glasklaren Frische am<br />
Gaumen oder der Gin mit seinem<br />
typischen Wacholderduft, umgeben<br />
von einer saftig-frischen Zitrusnote,<br />
abgerundet von würziger Cassiarinde:<br />
Gemein ist beiden Produkten die<br />
perfekte Harmonie aller geschmacklichen<br />
Nuancen sowie eine einzigartige<br />
Eleganz. Und hier schließt sich<br />
auch der Kreis zum gemeinsamen<br />
Markensymbol, dem eleganten, mythenumwobenen<br />
„White Swan“.<br />
Die vielfach ausgezeichnete<br />
Destillerie aus Oberösterreich produziert<br />
jährlich 20.000 Liter Whisky<br />
und 5.000 Liter Vodka und Gin.<br />
Oberweitersdorf 7, 4211 Alberndorf<br />
+43 (0) 7235 70444<br />
office@peter-affenzeller.at<br />
www.peter-affenzeller.at
iconvienna Gallery<br />
(left to right) Michael Pisecky, Kambis Kohansal Vajargah, Eva Czernohorszky,<br />
Gertraud Leimüller, Martin Heimhilcher, Brigitte Bach, Gerhard Hrebicek<br />
Vienna City Hall<br />
Impressions<br />
of iconvienna<br />
2016<br />
Foto: Katharina Schiffl<br />
Foto: Alice Schnuer-Wala<br />
Foto: Katharina Schiffl<br />
Foto: Katharina Schiffl<br />
Sonja Kato – unikato, Ulrike Huemer – City of Vienna, Dorothee Ritz –<br />
Microsoft, Renate Altenhofer – Managing Partner iconvienna<br />
Institute of Science and Technology<br />
The European Business and Investment Magazine iconannual 105
GO WELL –<br />
GOLF & WELLNESS<br />
Erleben Sie Ihren perfekten Urlaub in Europas<br />
größtem Golf & Wellness Resort mit Therme und<br />
Wellness in Bad Griesbach.<br />
Das MAXIMILIAN besticht sowohl durch seine großzügige Architektur<br />
als auch durch sein elegantes Ambiente. Eingebettet in<br />
die herrliche Rottaler Hügellandschaft erweist sich das Hotel als<br />
perfekter Rückzugsort für Golfer, Erholungssuchende und Feinschmecker.<br />
In der hauseigenen Max-Therme erwartet Sie das<br />
wohltuende Bad Griesbacher Thermalmineralwasser.<br />
Abgerundet wird das Angebot von einer erstklassigen Kulinarik.<br />
Auf fünf 18-Loch-Meisterschaftsplätzen im Golf Resort Bad<br />
Griesbach wird Golfen zum Erlebnis.<br />
15 Tagungsräume mit Kapazitäten bis 200 Personen und der angrenzende<br />
Kursaal für bis zu 450 Personen garantieren den Erfolg<br />
jeder Veranstaltung.<br />
Schwungvoll golfen<br />
· 3 Übernachtungen mit Halbpension<br />
· 2 Greenfees nach Wahl im Golf Resort<br />
· Wohlfühlen und Erholen in der hauseigenen Therme<br />
Preis pro Person im DZ ab 495,– €<br />
In besten Händen<br />
· 3 Übernachtungen mit Halbpension<br />
· 2 individuell auf Sie abgestimmte Massagen (je 30 Min.)<br />
· Wohlfühlen und Erholen in der hauseigenen Therme<br />
Preis pro Person im DZ ab 336,– €<br />
A. Hartl Resort GmbH & Co. SH Land- und Golfhotel Betriebs KG<br />
HOTEL MAXIMILIAN ★★★★★<br />
Kurallee 1 | D-94086 Bad Griesbach<br />
Tel. +49 (0)8532 795-0 | Fax +49 (0)8532 795-151<br />
maximilian@quellness-golf.com | www.quellness-golf.com<br />
Reservierungs-Hotline: +49 (0)8532 795 512<br />
Bad Griesbach liegt nur 29 km vom Grenzübergang Suben<br />
entfernt und ca. 2,5 Autostunden von Wien.<br />
WEITERE INFOS UNTER WWW.QUELLNESS-GOLF.COM
iconvienna Gallery<br />
Fotos: Katharina Schiffl<br />
Austrian Federal Economic Chamber<br />
Gerhard Hrebicek, President iconvienna<br />
Maya Stoeva – Project Manager iconvienna, Sonja Kato – unikato, Gerhard<br />
Hrebicek – President iconvienna, Tanja Wehsely – SPÖ, Renate Altenhofer –<br />
Managing Partner iconvienna<br />
Institute of Science and Technology<br />
Viktor Pasquali, Eric Samuiloff, Katherina Pühringer, Michael Altrichter,<br />
Lee Thomason, Markus Wanko<br />
The European Business and Investment Magazine iconannual 107
iconvienna Gallery<br />
Fotos: Katharina Schiffl<br />
Cuba at the iconvienna reception<br />
Hans Greiner – Cisco, Johann Pluy – ÖBB, Bernd Richter – ASCR, Dorothee<br />
Ritz – Microsoft, Ulrike Huemer – City of Vienna, Eva Kühn – TU Vienna<br />
Dominican Republic<br />
Wilhelm Molterer – EFSI<br />
The European Business and Investment Magazine iconannual 109
Women Leadership Forum<br />
An Initiative of<br />
Fotos: Katharina Schiffl<br />
DIGITAL<br />
The<br />
POWER WOMAN<br />
WOMEN LEADERSHIP FORUM was<br />
initiated by European Brand Institute to<br />
promote Women Leadership in the fields<br />
of economy, science & research, public<br />
institutions, society as well as to connect<br />
successful women and powerful men with<br />
the purpose of strengthening innovative<br />
and economic power in Austria.<br />
110 iconannual The European Business and Investment Magazine
Branding<br />
"At ÖBB-Personenverkehr AG, we are<br />
particularly proud to report a growing<br />
share of women from top management<br />
to apprentices. The<br />
increase in the proportion<br />
of women is supported<br />
by ÖBB gender equality<br />
management."<br />
On September 14 th of 2016, the European Brand<br />
Institute invited to the 4 th Women Leadership<br />
Forum at the Novomatic Forum in cooperation<br />
with the US Embassy, ÖBB, Novomatic,<br />
Wien Holding and Wiener Hafen. Following the motto<br />
“FRAU MACHT UNTERNEHMEN”, the event focused<br />
on the topic “Digital Power Women”.<br />
This year’s star guest was Jasmin Taylor, founder<br />
of JT Touristik, who gave very personal insights of the<br />
development of a “Digital Power Women” in her keynote<br />
address.<br />
The Ambassador of the United States of America to<br />
Austria, H.E. Alexa Wesner opened the event for the<br />
last time, before heading back to the US. Sonja Kato<br />
led through the day and the high quality panel casts<br />
were guided by NEWS-chief editor Eva Weissenberger,<br />
Anett Hanck and Brigitte Bach, head of the Energy<br />
Department Austrian Institute of Technology. >><br />
Foto: Medizinische Universität Wien<br />
Foto: ÖBB/Katharina Stögmüller<br />
Evelyn Palla<br />
Member of the Board of<br />
Directors ÖBB Personenverkehr<br />
AG<br />
"Austria's economy is becoming more and<br />
more feminine, and around one in every<br />
three companies is run by a woman, and<br />
women are also in the<br />
run-up to the start-ups,<br />
but the basic conditions<br />
for women in the<br />
economy still need to be<br />
significantly improved."<br />
Doris Pulker-Rohrhofer<br />
CTO Hafen Wien<br />
"Unused talents, skills, visions and knowledge<br />
of women are no longer an option – we have<br />
to work on our future – women and men<br />
together! Especially the digital age shows<br />
that female entrepreneurship brings new<br />
opportunities for personal<br />
success and strengthens<br />
the business location and<br />
makes it more competitive<br />
at the same time."<br />
Renate Altenhofer<br />
Initiator Women Leadership<br />
Forum, Managing Partner<br />
maX iconvienna<br />
"Female entrepreneurs<br />
can no longer rely on an<br />
invisible glass ceiling if<br />
something doesn‘t work.<br />
Because it‘s the objective<br />
performance that counts!"<br />
Martina Flitsch<br />
Member of the supervising<br />
board Novomatic AG<br />
"In all areas and at<br />
all levels, the balance<br />
between women and<br />
men and equality is<br />
needed. This does not<br />
exclude entrepreneurship<br />
and leadership."<br />
Ronald Schranz<br />
Partner Austria & CEE<br />
Brunswick Group<br />
Foto: European Brand Institute<br />
Foto: Anna Stöcher<br />
Foto: Petra Spiola<br />
The European Business and Investment Magazine iconannual 111
Women Leadership Forum<br />
(left to right)<br />
Mag. Renate Altenhofer – iconvienna,<br />
H.E. Alexa Wesner – former US Ambassador,<br />
Jasmin Taylor – JT Touristik,<br />
Dr. Kirstin Hanusch-Linser – ÖBB,<br />
Anett Hanck – WLF<br />
(left to right)<br />
Mag. Barbara Sipos – Leadership for<br />
Women, Eva Weissenberger –<br />
News, Ronald Schranz – Brunswick<br />
Group, Mag. Martina Flitsch –<br />
Novomatic, Martina Denich-Kobula –<br />
Frau in der Wirtschaft Wien<br />
Fotos: Katharina Schiffl<br />
"The guest list and the speakers prove<br />
what women have already achieved<br />
in Austria. A look<br />
at the domestic<br />
companies shows,<br />
that we have still a<br />
long way to go."<br />
Foto: www.fotoschuster.at<br />
Claudia Wiesner<br />
Managing Director<br />
Wiener Wiesn´<br />
"Digital transformation also entails major<br />
changes in the working world. In the future,<br />
life-long learning means staying fit and upto-date<br />
with all the rapid changes. A very<br />
good educations, advanced<br />
training and networking<br />
are the essential factors for<br />
women to be successful in<br />
the future working world."<br />
Foto: AIT/Zinner<br />
Brigitte Bach<br />
Head of Center<br />
for Energy AIT<br />
112 iconannual The European Business and Investment Magazine
Branding<br />
Local decision makers and trendsetters like Sigrid<br />
Oblak (Wien Holding), Kristin Hanusch-Linser (ÖBB),<br />
Doris Pulker-Rohrhofer (Wiener Hafen), Evelyn Palla<br />
(ÖBB), Irene Fialka (INiTS), Tatjana Oppits (IBM),<br />
Martina Flitsch (Novomatic) and Women Leadership<br />
initiator Renate Altenhofer pursued the topic, why<br />
self-employment and entrepreneurship in the “Digital<br />
Age” are a great chance for job-related success, especially<br />
for women.<br />
"When I decided to start a business<br />
in 2002, there were basically<br />
only three products that could be<br />
successfully distributed over the<br />
Internet: books, CDs, and travel.<br />
As I have said 'Travel as much as<br />
you can', I decided to have the right<br />
idea at the right<br />
time, so with the<br />
digital revolution<br />
I became the<br />
'Digital Power<br />
Woman'."<br />
Foto: Jens Passoth<br />
Jasmin Taylor<br />
Founder JT Touristik<br />
“Pioneers with potential” like Claudia Wiesner<br />
(Wiener Wiesn), Viktoria Schütze-Pirker (Endlich<br />
durchschlafen), Sophie Martinetz (Seinfield Professionals)<br />
and Bettina Steinbrugger (Erdbeerwoche)<br />
shared their personal experiences to the topic “The<br />
female start-up-power” and gave valuable advices for<br />
the way into autonomy.<br />
Prestigious experts, such as L’Oreal director Corporate<br />
Communications Alexandra Pifl, Stefanie<br />
Klotz (C&A Foundation), Ulrike Wüstenhagen (ORF),<br />
Leadership-Coach Barbara Sipos and Ronald Schranz<br />
(Brunswick Group) showed on the basis of international<br />
Corporate Initiatives how corporations strengthen<br />
female executives and female entrepreneurship.<br />
After the forum, designer Elke Freytag inspired<br />
the about 200 participants with a highly exclusive<br />
Fashion Show. At the following cocktail reception by<br />
ABOTHEK, the invitees had time to deepen and discuss<br />
all the ideas communicated during the event.<br />
"Diversity, collaboration<br />
and networking are the<br />
most important raw<br />
materials of the future."<br />
Kristin Hanusch-Linser<br />
Head of Open Innovation<br />
Lab ÖBB Holding AG<br />
Foto: ÖBB<br />
"In order to survive in a men-dominated world of<br />
executive boards, it pays off for women to beat<br />
men on their own territory – assumed they have<br />
enough female co-workers.<br />
It’s important to be risky,<br />
aggressive, result-oriented,<br />
self-confident and hard, even<br />
if tears flow."<br />
Foto: Privat<br />
Foto: OMV<br />
Anett Hanck<br />
Board Member<br />
Women Leadership Forum<br />
Upcoming<br />
WOMEN<br />
LEADERSHIP FORUM<br />
September 19, 2017<br />
NOVOMATIC FORUM<br />
WIEN<br />
www.womenleadership.at<br />
The European Business and Investment Magazine iconannual 113
Women Leadership Forum<br />
(left to right)<br />
Stephanie Klotz – C&A, Dr. Alexandra Pifl –<br />
L'Oreal, Anett Hanck – WLF, Dr. Ulrike Wüstenhagen<br />
– ORF-Radio, Mag. Evelyn Palla – ÖBB<br />
Personenverkehr, Mag. Doris Pulker-Rohrdorfer –<br />
Hafen Wien<br />
Fotos: Katharina Schiffl<br />
(left to right) Mag. Tatjana Oppitz – IBM Austria,<br />
Jasmin Taylor – JT Touristik, Mag. Dl Dr. Brigitte<br />
Bach – AIT, Dl Sigrid Oblak – Wien Holding,<br />
Dr. Irena Fialka – INiTS<br />
(left to right) Mag. Viktoria Schütze-Pirker – Endlich Durchschlafen,<br />
Claudia Wiesner – Wiener Wiesn, Dr. Kirstin Hanusch-Linser – ÖBB,<br />
Mag. Bettina Steinbrugger – erdbeerwoche, Mag. Sophie Martinetz –<br />
Seinfeld Professional<br />
"'Education 4.0' is more important than<br />
ever before. The proportion of women in<br />
technical professions in Austria is only<br />
around 15%! Digitalization<br />
is omnipresent and<br />
offers enormous possibilities<br />
for change and new<br />
leadership positions."<br />
Foto: Pepo Schuster<br />
Tatjana Oppitz<br />
Country General<br />
Manager IBM Austria<br />
"It is our responsibility to use these new<br />
opportunities to create an environment that<br />
supports and encourages<br />
women, because it is the<br />
only way to consciously<br />
shape the future of<br />
women in leadership<br />
positions."<br />
Sigrid Oblak<br />
Director Wien Holding<br />
Foto: Eva Kelety<br />
114 iconannual The European Business and Investment Magazine
maximize your business communication!<br />
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office@maxcc.at
Sports for Life<br />
Eine Initiative von<br />
Foto: David Zirngast<br />
Foto: David Zirngast<br />
Players like Andreas Dober and the camp coaches take a lot of time for the kids.<br />
Autographs and certain morning rituals are a standard feature.<br />
SPORTS FOR LIFE _<br />
SPORTS FOR GOOD!<br />
SPORTS FOR LIFE! is an initiative of former footballers and<br />
sportsmen aiming to promote football to society, especially to<br />
kids who are socially disadvantaged!<br />
In today’s society it is very important<br />
to lead our children from<br />
indoor to outdoor activities in<br />
order to get them in good trim.<br />
Sports encourages the youth and<br />
connects them – it doesn’t matter<br />
which ethnic or social group they<br />
belong to. Team sports are very important<br />
because they teach children<br />
self-confidence and help them<br />
learn a lot about respect, teambuilding<br />
and other important traits<br />
that will help them in their future<br />
social and working life.<br />
The cooperation between the<br />
SPORTS FOR LIFE!-Foundation<br />
and several sponsors as well as<br />
local associations throughout Austria<br />
ensures a variety of benefits for<br />
children.<br />
Austria’s trade union for football<br />
players (Vereinigung der Fußballer,<br />
VdF) hosts the Bruno-Gala, an<br />
event where footballers and trainers<br />
are being honoured. In terms<br />
of this exclusive event, donations<br />
enable disadvantaged families free<br />
access to the camps.<br />
Foto: Michael Graf<br />
116 iconannual The European Business and Investment Magazine
Branding<br />
STARCAMPS<br />
2016 – 32 Starcamps<br />
with around 750 participating<br />
children.<br />
In cooperation with Merkur Insurance, some Starcamps<br />
offer a special training and performance check which is<br />
highly rated by the participants! Professionals like Louis<br />
Schaub and David Alaba always conjure a smile on the<br />
kids’ faces. For most of them it is the only time they can<br />
experience professional players up close.<br />
Fotos: David Zirngast<br />
Thanks to its unique concept and the support of<br />
many sponsors and communities, STARCAMPS<br />
can offer attractive prices starting from 99€,<br />
which enables access for everyone. This is the<br />
most favorable price offered in Austria, mixed with the<br />
know-how of well-educated and professional trainers.<br />
The main goal of the initiative is to make sports<br />
a part of children daily life on the one hand, and to<br />
provide them with the benefits of teamwork and social<br />
contacts on the other. This way the foundation<br />
attracts many children (7-14 years) and gives them<br />
the opportunity to join the beautiful game of football.<br />
This year, over 750 children took part in 32 camps!<br />
Various professional football players of the Austrian<br />
Bundesliga come to take part in different exercises<br />
in terms of the STARCAMPS’ trainings. The children<br />
have the great chance to train with them and ask individual<br />
questions – an interesting experience for everyone!<br />
Beside the reasons listed above, creating fun and<br />
future prospects for children is SPORTS FOR LIFE!’s<br />
main ambition.<br />
Since 1998 the VdF is highly engaged in the promotion<br />
of young football players. Therefore they have<br />
been successfully promoting the camps for years.<br />
With lots of specific camps and finally with the STAR-<br />
CAMPS (since 2006) the VdF managed to fill the gap<br />
with high quality offers and fair prices. All this became<br />
possible thanks to the support of many authorities<br />
and professional footballers.<br />
The European Business and Investment Magazine iconannual 117
Brand Life Award<br />
A lifetime<br />
for a brand<br />
BRAND [ LIFE ] AWARD<br />
On October 18 th 2016, the brand life award ceremony took<br />
place for the 8th time, awarding Austrian personalities<br />
for their life-time achievement in successfully establishing,<br />
developing and managing brands and brand<br />
corporations.<br />
This year’s winner was the only independent bean-tobar<br />
manufacturer, chocolatier Josef Zotter, who received the<br />
award for his brand Zotter. Amid the applause of the crowd,<br />
the president of the European Brand Institute Gerhard Hrebicek<br />
and IAA vice-president Kristin Hanusch-Linser awarded<br />
Josef Zotter the trophy; the laudation was held by “Wiener<br />
Lustspielhaus” principal Adi Hirschal.<br />
In his acceptance speech Josef Zotter revealed how to<br />
be successful without advertisment. “We never taste the<br />
products we take to the market beforehand.”<br />
Fotos: Katharina Schiffl<br />
(left to right) Werner Kuhn, MBA – SK Rapid Wien, Wolfgang Ebner – Novomatic Forum,<br />
Josef Zotter – zotter Schokoladen Manufaktur, KR Dl Dr. Gerhard Hrebicek – European Brand Institute<br />
118 iconannual The European Business and Investment Magazine
Branding<br />
Zotter chocolate tasting<br />
(left to right) Dr. Kristin Hanusch-Linser – ÖBB, Prof. Adi Hirschal, Dkfm. Helmut Hanusch –<br />
VGN, Josef Zotter – zotter Schokoladen Manufaktur, Werner Kuhn, MBA – SK Rapid Wien,<br />
KR Dl Dr. Gerhard Hrebicek – European Brand Institute, Iris Sageder<br />
This year’s brand ambassadors were<br />
long-time marketing director of SK Rapid<br />
Wien Werner Kuhn, Vienna Opera<br />
Ball Grand Dame Lotte Tobisch, Kapsch-<br />
CEO Georg Kapsch and media legend<br />
Hans-Jörgen Manstein.<br />
The ceremony attended e.g. Wolfgang<br />
Ebner, Novomatic Forum, Horizont chief<br />
editor Marlene Auer, Markus Burscha,<br />
Donauinselfest-chief Thomas Waldner,<br />
Lyoness manager Silvia Kelemen and Heidemarie<br />
Kipperer, lawyer Gerald Ganzger<br />
and former minister Maria Rauch-Kallat.<br />
The event was sweetened by a chocolate-tasting<br />
provided by Zotter Schokolade.<br />
(left to right) KR Dl Dr. Gerhard Hrebicek – European Brand Institute,<br />
Marlene Auer – Horizont, Dr. Kristin Hanusch-Linser – ÖBB<br />
(left to right)<br />
SK Rapid Wien Team: Thomas Waldner, Barbara Bobek,<br />
Werner Kuhn MBA, Petra Gregorits, KR Hannes Kassil<br />
(left to right) Mag. Renate Altenhofer – Women Leadership Forum, Silvia Kelemen – Lyoness, BM a.D. Maria<br />
Rauch-Kallat, Heidemarie Kipperer – Lyoness, Petra Gregorits – Rapid Wien, Dr. Kristin Hanusch-Linser – ÖBB<br />
The European Business and Investment Magazine iconannual 119
Anzeige<br />
A.S.S.<br />
Anlagen Service System<br />
Die A.S.S. Anlagen Service System GmbH wurde<br />
im Jahr 1995 gegründet und hat seit Herbst<br />
2015 ihren Firmensitz in 1210 Wien, Richard<br />
Neutra Gasse 6. Der Schritt war erforderlich, da<br />
wir nun unser Lager, Firmenzentrale und Fuhrpark<br />
an einem Ort konzentrieren können.<br />
Im Jahr 2013 Eröffnung unseres Büros in Wiener<br />
Neustadt, Am Hauptplatz 19, um unsere Kunden vor<br />
Ort noch besser betreuen zu können.<br />
Unsere Auszeichnungen<br />
• 2014 Erlangung der ISO 9001 Zertifizierung<br />
• 2016 Verleihung des Austria Gütezeichens<br />
Für uns steht der Mensch im Mittelpunkt. Ein von<br />
uns betreutes Haus ist nicht „eines von vielen“, sondern<br />
wir streben im Rahmen unserer Tätigkeiten<br />
nach sozialer Verantwortung. Wir bemühen uns um<br />
Kontinuität bei unseren Mitarbeitern, denn für viele<br />
Hausbewohner ist ein vertrautes Gesicht als Hausbetreuer<br />
wichtig. Unsere Mitarbeiter haben auch stets<br />
ein offenes Ohr für Hausbewohner.<br />
Wir erstellen nun seit über 20 Jahren für unsere<br />
Auftraggeber ein nach deren Bedürfnissen und Anforderungen<br />
individuelles Qualitätskonzept. Dazu<br />
gehören umweltbewusste Reinigungsmittel, laufende<br />
Mitarbeiterschulungen und gezielte Investitionen in<br />
Modernisierungen und Innovationen. Eine gute Organisation,<br />
lückenlose Dokumentation und laufende<br />
Qualitätskontrolle sichern einen reibungslosen Ablauf<br />
und hundert Prozent Zufriedenheit für unsere<br />
Kunden.<br />
Wir sind Ihr Partner, wenn es um Qualität, kompetentes<br />
Service und Kundenzufriedenheit geht.<br />
Unsere Serviceleistungen<br />
• GRÜNFLÄCHENBETREUUNG<br />
Für Ihr Büro/Firmenareal:<br />
Egal ob es sich um die repräsentative, dauerhafte<br />
Pflege Ihres Betriebsareals handelt, ob im Laufe<br />
der Jahre nötige Ersatzpflanzung bzw. umfangreiche<br />
Schnittarbeiten durchzuführen sind, oder ob<br />
es gilt einen Garten zu revitalisieren – wir sind Ihr<br />
Ansprechpartner!<br />
• HAUSREINIGUNG IN WIEN<br />
Sauberkeit benötigt Aufmerksamkeit und Genauigkeit<br />
– unser umfassender Reinigungsservice<br />
kümmert sich um die Reinigung Ihres gesamten<br />
Gebäudes.<br />
• SONDERREINIGUNG IN WIEN<br />
Wir arbeiten für Privathaushalte, Hausverwaltungen<br />
und Unternehmen. Unsere Mitarbeiter haben<br />
stets ein offenes Ohr für Ihre Anliegen.<br />
• IHR WINTERDIENST IN WIEN<br />
Vertrauen Sie auf die A.S.S. und übergeben Sie uns<br />
die wichtige Aufgabe der Schneeräumung!<br />
120 iconannual The European Business and Investment Magazine
Contacts<br />
AIT Austrian Institute of Technology GmbH Donau-City-Straße 1, 1220 Vienna, Austria www.ait.ac.at<br />
Anlagen Service System Richard-Neutra-Gasse 6, 1210 Vienna, Austria www.ass.co.at<br />
Austrian Federal Economic Chamber Wiedner Hauptstraße 62, 1045 Vienna, Austria www.wko.at<br />
Austrian Patent Office Dresdner Straße 87, 1200 Vienna, Austria www.patentamt.at<br />
Brand Global Council Börsegasse 9/8, 1010 Vienna, Austria www.brandglobal.org<br />
Brand Life Award Börsegasse 9/8, 1010 Vienna, Austria www.europeanbrandinstitute.com<br />
Central European Initiative Via Genova 9, 34121 Trieste, Italy www.cei.int<br />
China Council for Brand Development<br />
No 18, Bei San Huang dong Lu, Chaoyang District<br />
100013, Beijing, China www.brand-intl.cn<br />
City of Vienna Rathaus, 1082 Vienna, Austria www.wien.gv.at<br />
ELK Building Systems GmbH Wiedner Hauptstraße 120-124, 1050 Vienna, Austria www.elkbuildingsystems.com<br />
Embassy of Romania in Austria Prinz-Eugen-Straße 60, 1040 Vienna, Austria vienna.mae.ro<br />
Embassy of the Argentine Republic in Austria<br />
Goldschmiedgasse 2/1, 1010 Vienna, Austria<br />
Embassy of the Bolivarian Republic of Venezuela in Austria Prinz-Eugen-Str. 72/1.OG/St. 1/Top 1.1, 1040 Vienna www.austria.gob.ve<br />
Embassy of the Dominican Repulic in Austria<br />
Embassy of the Republic of Bulgaria in Austria<br />
Embassy of the Republic of Colombia in Austria<br />
Embassy of the Republic of Costa Rica in Austria<br />
Prinz-Eugen-Straße 18, 1040 Vienna, Austria<br />
Schwindgasse 8, 1040 Vienna, Austria<br />
Stadiongasse 6-8/15, 1010 Vienna, Austria<br />
Wagramer Straße 23/1/1/2-3, 1220 Vienna, Austria<br />
Embassy of the Republic of Cuba in Austria Kaiserstrasse 84, 1070 Vienna, Austria www.cubadiplomatica.cu/austria<br />
Embassy of the Republic of El Salvador in Austria Prinz-Eugen-Straße 72/2/1, 1040 Vienna, Austria www.rree.gob.sv<br />
Embassy of the Republic of Guatemala in Austria<br />
Embassy of the Republic of Paraguay in Austria<br />
Embassy of the Republic of Uruguay in Austria<br />
Prinz-Eugen-Straße 18/Top 7, 1040 Vienna, Austria<br />
Prinz-Eugen-Straße 18/1/3a, 1040 Vienna, Austria<br />
Wallnerstraße 4/3/17, 1010 Vienna, Austria<br />
Embassy of the Slovak Republic in Austria Armbrustergasse 24, 1190 Vienna, Austria www.mzv.sk/vieden<br />
Embassy of the United States of America in Austria Boltzmanngasse 16, 1090 Vienna, Austria www.usembassy.at<br />
European Brand Institute Börsegasse 9/8, 1010 Vienna, Austria www.europeanbrandinstitute.com<br />
European Commission BERL 09/399, 1049 Brussels, Belgium ec.europa.eu<br />
European Fund for Strategic Investments - EFSI Boulevard Konrad Adenauer 98-100, 2950 Luxembourg www.eib.org/efsi<br />
European Youth Award Leopoldskronstrasse 30, 5020 Salzburg, Austria eu-youthaward.org<br />
Global Impact Investment Foundation Sachsenplatz 4-6/2, 1200 Vienna, Austria www.Giifoundation.com<br />
Hartl Resort GmbH<br />
Kurallee 1, Bad-Griesbach-Therme,<br />
94086 Bad Griesbach, Germany www.quellnes-golf.de<br />
HBM GmbH Lemböckgasse 63/2, 1230 Vienna, Austria www.hbm.com<br />
Institute of Science and Technology Austria Am Campus 1, 3400 Klosterneuburg, Austria www.ist.ac.at<br />
Kommunalkredit Austria AG Türkenstraße 9, 1092 Vienna, Austria www.kommunalkredit.at<br />
Land of Lower Austria Landhausplatz 1, 3109 St. Pölten, Austria www.noe.gv.at<br />
LANSKY, GANZGER & Partner Rechtsanwälte GmbH Biberstraße 5, 1010 Vienna, Austria www.lansky.at<br />
Leitbetriebe Austria Mariahilfer Straße 124/15, 1070 Vienna, Austria www.leitbetriebe.at<br />
Linsinger ZT GmbH Hauptstraße 31, 5600 St. Johann im Pongau, Austria www.linsinger.at<br />
Lyoness Austria GmbH Grazbachgasse 87-93, 8010 Graz, Austria www.lyoness.com<br />
MA 23 - Wirtschaft, Arbeit und Statistik Meiereistraße 7, Sektor B, 1020 Vienna, Austria www.wien.gv.at/kontakte/ma23<br />
maX iconvienna GmbH Börsegasse 9/8, 1010 Vienna, Austria www.icon-vienna.net<br />
Ministry for Europe, Integration and Foreign Affairs Minoritenplatz 8, 1010 Vienna, Austria www.bmeia.gv.at<br />
Northwestern University 633 Clark Street, 60208 Evanston, IL, USA www.northwestern.edu<br />
Novomatic AG Wiener Strasse 158, 2352 Gumpoldskirchen, Austria www.novomatic.com<br />
Österreichischer Städtebund Rathaus, Stiege 5, 1082 Vienna, Austria www.staedtebund.gv.at<br />
Peter Affenzeller Oberweitersdorf 7, 4211 Alberndorf, Austria www.peter-affenzeller.at<br />
Sports For Life Börsegasse 9/8, 1010 Vienna, Austria www.sports-for-life.net<br />
SummerLight Capital Partners Börsegasse 9/8, 1010 Wien, Austria www.summerlight.eu<br />
TC 066 Kitaigorodskii proezd, dom 7, stroenie 1,<br />
109074 Moscow, Russia www.eicea.ru<br />
United Nations Industrial Development Organization - UNIDO Wagramerstraße 5, 1220 Vienna, Austria<br />
www.unido.org<br />
Vienna Chamber of Commerce and Industry Stubenring 8-10, 1010 Vienna, Austria www.wko.at/wien<br />
W24 Missindorfstraße 21/7/3, 1140 Vienna, Austria www.w24.at<br />
Woman Leadership Forum Börsegasse 9/8, 1010 Vienna, Austria www.womenleadership.at<br />
The European Business and Investment Magazine iconannual 121
www.linsinger.at<br />
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| T: +43 64 12 - 43 14 | F: +43 64 12 - 43 14 15 | E: office@linsinger.at
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For further information on our activities<br />
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European Brand Institute GmbH<br />
Börsegasse 9/8 I A-1010 Wien<br />
T.: +43 1 532 1000 52 | F.: +43 1 532 1000 30<br />
E.: office@europeanbrandinstitute.com
WELTMEISTERLICHE<br />
TECHNOLOGIEN<br />
Gaming innovation starts here.<br />
Dafür steht auch unser Markenbotschafter Niki Lauda.<br />
Denn unseren Erfolg als einer der international führenden<br />
Gaming-Technologiekonzerne verdanken wir vor allem unserer<br />
Innovationskraft. Diese entwickeln wir ständig weiter – nicht nur<br />
am Stammsitz in Österreich und in 20 Technologiezentren sowie<br />
an 13 Produktionsstandorten weltweit, sondern auch in Kooperation<br />
mit führenden technischen Universitäten.<br />
Mehr dazu auf www.novomatic.com