Is Austria selling its industrial giants?

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While the world looks to the US to see what happens next with Trump, a crime thriller involving major industrial companies is playing out in Austria. The first voices are being heard calling for the politicisation of these investments – a dangerous path given the difficult markets and partnerships.

The current drama was caused by VAMED, which originally belonged to the state for 100 percent. In 1996, 77 percent was sold to the German giant Fresenius and has now been completely squandered. Over time, VAMED has implemented 1,000 projects in 98 countries, but now there are other people at the table.

But what happens next with the other government investments?

Source: Krone

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