Successful companies like Andritz give hope for foreign trade in Austria.
Hot goods Andritz delivers new melting furnaces to China.

15.12.2020 A difficult year is coming to an end for domestic foreign trade. According to Studie of the Competence Center “Research Focus on International Economics FIW”, Austrian exports will shrink by 2019 percent this year compared to 12,4 - imports are 10,6 percent lower than in the previous year. However, the study authors hope that the emerging solution to the health crisis will reduce the uncertainty of many companies around the world. This is a major reason for the subdued demand for capital goods, machines and motor vehicles - areas that are of particular importance for the desired recovery in foreign trade. Individual success stories give hope. In spite of the crisis, the technology group Andritz recently received new orders worth millions India and China report. The Styrian company is supplying a flue gas desulphurization system in the Indian state of Telangana and melting furnaces in the Chinese province of Shandong.

Photo: Andritz