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Austria Wirtschaftsservice Gesellschaft

Company nameAustria Wirtschaftsservice Gesellschaft (aws)
Company typeEconomic Development Bank
IndustryFinancial services
Founded1954
HeadquartersVienna, Austria
Key peopleBernd Sagmeister, Johann Moser (Managing Directors)
ProductsPublic sector banking
Employees250 (2009)

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The Austria Wirtschaftsservice Gesellschaft (aws) is an Austrian federal development and financing bank for the promotion and financing of companies. The bank provides around - 1 billion (2008) in development aid, mainly as grants, loans and guarantees to finance projects in the value of almost - 11 billion (2008). aws is focused on four different areas: Technology and innovation, equity and capital markets, promotion and financing as well as services for research and development management. In addition to these core activities it also administers the Austrian federal economic stimulus package of around - 1 billion in 2009 and 2010.


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