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Firms form unique network for relocations

By David Rogers

Twelve firms in Upper Austria and Salzburg have formed what they claim is a unique Austrian network to help other companies with relocations to their two provinces.

Network members are firms that are expert in key areas for relocations, such as financial and legal advice.

The network has taken the name "KMU-Ansiedlung" (Small and Medium-sized Enterprises or SMEs-Relocation), which refers to the network’s target group, SMEs that are too small for large relocation organisations to deal with.

The network is not itself a company but a loose organisation of tax advisers, attorneys and experts on subsidies, financing, planning, construction, marketing, distribution, personnel, development, risk and insurance.

Network firms are not primarily active in the sector of relocations and so are not dependent on it for their survival.

When approached by a prospective client, the network will have specialists organise a so-called Start-Workshop that will analyse its situation and decide on future steps.

Clients will be billed on the basis of the work that has been done for them, according to Leopold Höglinger from the firm CreditControlling. A municipality may also become a client if a firm that wants to relocate and it have reached agreement.

The network’s first project has already begun. It has helped a small machine-building firm that has been growing to select a new facility in Krems that may be extended in case of need.

The Upper Austrian Technology and Marketing Association (TMG), the province’s location and innovation agency that functions as the central contact point for company relocations, said it did not consider the network a competitor.

TMG’s Werner Auer said it would be positive if the network would help firms relocate to the province.

For additional information, visit website: http://www.kmu-ansiedlung.at

Austrian Times

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