On 30 October, UniCredit Bank Headquarters in Moscow hosted a Business Breakfast «New Aspects of Financing in Russia» organised by Advantage Austria with support from UniCredit Bank, Noerr, Oesterreichischen Kontrollbank AG (OeKB) and the Russian Industrial Development Fund. During the event, business participants discussed various financing options available to Austrian companies in Russia.

Mikhail Alekseev, Chairman of the Management Board of UniCredit Bank, delivered a welcome speech on behalf of the Bank. Johannes Eigner, Austrian Ambassador in the Russian Federation, and Rudolf Lukavsky, Austrian Commercial Counsellor in Moscow, addressed the meeting having emphasised an importance of fruitful cooperation between Austria and Russia. Later on, Elena Mikhailova, Head of Trade Finance and Factoring Products Sales Department, spoke of working capital finance solutions offered by the Bank.

«UniCredit Bank represents the Pan-European commercial bank UniCredit in Russia and promotes the activities of international companies in the country. Our client portfolio includes many Austrian companies, successfully operating in Russia. Therefore, we were eager to support the event, organised by Advantage Austria, to contribute to the development of business partnerships between the two countries,» says Mikhail Alekseev.

Advantage Austria has nearly 100 offices in over 70 countries and offers a broad range of business development services both to Austrian companies and their international partners. In total, almost 800 employees and 35 consultants around the world assist in locating Austrian suppliers and business partners. Other services, provided by Advantage Austria offices, range from support to Austrian companies in finding importers, distributors and sales representatives to providing in-depth information on Austria as a business location, as well as assistance in entering the Austrian market.