2009

6th Vienna Economic Forum

Regional Cooperation - Challenges and Chances - 20 Years after the fall of the Iron Curtain

The 6th Vienna Economic Forum took place on 9 - 10 November 2009 at Raiffeisen Zentral Bank in Vienna. President Dr. Erhard Busek and Secretary General Ambassador Dr. Elena Kirtcheva had the great pleasure to welcome around 400 participants from 30 countries throughout the world.

Topics:

  • Bank and Insurance Sector: Crisis management: What is the correct policy response and is the IMF providing enough support?
  • Crisis Time in CEE? Concrete Projects and Success Stories in the Vienna Economic Forum Member Countries. The Danube Cooperation.
  • CEO and Ministers Session: Visions are required! How to attract FDIs in crisis times? Public Private Partnership (PPP) Projects
  • Challenges and Chances for the Regional Cooperation in the Energy Sector. Regional Energy Prospects in 2010 and Beyond
  • Regional Energy Prospects in 2010 and beyond. Concrete Projects. Energy Saving.
  • Regional Energy Prospects in 2010 and beyond. Pipeline Projects – Diversification as an Impulse for the Economy         
  • Governors and Bankers Session: How to attract liquidity and safeguard lending? Tools and measures to steer economic imbalances: Ask the Governors   

Beside our honourable VIP-Guests, Deputy Prime Ministers, Ministers from our Member countries, high ranking representatives from Energy Community Secretariat, International Monetary Fund (IMF), Regional Cooperation Council located in Sarajevo, Southeast European Cooperative Initiative (SECI), South-East European Cooperation Process (SEECP), United Nations Industrial Development Organization (UNIDO) and United Nations Industrial Development Organization) took part in the meeting.

An Opening Message was given by H.E. the Austrian Federal Chancellor Werner Faymann, who pointed out the importance of the South-East European region in the last 20 years after the fall of the Iron Curtain and the close cooperation with the Austrian economy.  

Dr. Erhard Busek, Former Vice Chancellor of Austria and President of Vienna Economic Forum underlined the necessity of regional cooperation for the countries of South-Eastern Europe.  

A welcome Address was given by Dr. Herbert Stepic, Chairman of Raiffeisen International Bank-Holding AG, Vice Chairman of RZB AG and Member of the Board of Vienna Economic Forum, who hosted the Forum again this year. Dr. Stepic mentioned that the countries from the region have successfully changed in the last 20 years, and that they can trust in their partners. 

Congratulations came from Dr. Veit Sorger, President of the Federation of Austrian Industry and Founding Member of Vienna Economic Forum. European perspective and a future EU membership as the driving force for the political and economic development of South-East Europe.

Further speaking during the first Plenary Session were Mr. Hidajet Biscevic, Secretary General of the South East European Cooperation Process (SEECP) and Regional Cooperation Council.

It was a pleasure for Vienna Economic Forum to welcome so many important Ministers, Deputy Ministers and high-ranking representatives from companies in Austria and in the region.

Ministers from the Region participating in the 6th Vienna Economic Forum were:

H.E. Mr. Valeriu Lazar, Vice Prime Minister and Minister of Economy of the Republic of Moldova

H.E. Dr. Fatmir Besimi, Minister of Economy of the Republic of Macedonia

H.E. Ms. Justina Shiroka-Pulla, Minister for of Energy and Mining of the Republic of Kosovo

H.E. Mr. Musa Xhaferri, Minister of Local–Self Government of Macedonia

The Governors, Members of the Governors Committee of Vienna Economic Forum who took part in the special Governors Session were:

Dr. Wolfgang Duchatczek, Vice Governor of the Oesterreichische Nationalbank

Mr. Ardian Fullani, Governor of the National Bank of Albania

Mr. Kemal Kozaric, Governor of the National Bank of Bosnia and Herzegovina

Mr. Dimitar Kostov, Deputy Governor – Banking Department, the National Bank of the Republic of Bulgaria

Mr. Hashim Rexhepi, Governor of the Central Bank of Kosovo

Partners with whom Vienna Economic Forum has a Memorandum of Understanding were represented in the 6thVienna Economic Forum:

Dr. Akkan Suver, President of Marmara Foundation, Turkey

Bogdan Popovici, President of Forum Invest, Romania

Furthermore, Ceremonies of Signing a Memorandum of Understanding with Mr. F. Sadi Gücüm of DEIK, Foreign Economic Relations Board of Turkey, and Dr. Milan Parivodic, Chairman of Foreign Investors Services d.o.o., Serbia, were held.

Secretary General Ambassador Dr. Elena Kirtcheva stated she is glad to see Vienna Economic Forum grow to be a useful platform and pointed out that 20 years ago this Forum would not have been possible to organize. Ambassador Dr. Kirtcheva pointed out the big role of the pioneers in this region, who helped introduce investment in the region. Speaking about the pioneer activities, she this year presented for the first time the Vienna Economic Forum – South East Europe Award. The highly esteemed award winners were

Dr. Erhard Busek, Former Vice Chancellor of Austria, Co-founder and President of Vienna Economic Forum – for his years of contribution to the political and democratic reforms in the countries of the region,

Dr. Herbert Stepic, Co-founder and Member of the Board of Vienna Economic Forum (and from the beginning host in the Raiffeisen Hall in Raiffeisen Zentral Bank) for his steady pioneer activities in the countries of Vienna Economic Forum, for the development of the banking sector in the region, always risk-willing and successful,

Dr. Wolfgang Schüssel, Former Federal Chancellor of Austria, for his steady and active support of the countries of Vienna Economic Forum on their way to a democratic and market economiy reform,

Dr. Veit Sorger, President of the Federation of Austrian Industries and Founding Member of Vienna Economic Forum, for his years of consequent and active participation in the investment processes in the countries of Vienna Economic Forum.

Program and List of Participants:

VETSarajevo.pdf
VET_Sarajevo_List_of_participants_web.xls

Presentations:

Allen.pdf
Botond.pdf
Cegir.pdf
Ciko.pdf
Danev.pdf
Donocik.pdf
Ebhardt.pdf
Fink.pdf
H.E._Besimi.pdf
Hofer.pdf
Horvath.pdf
Kern.pdf
Mende.pdf
Palfinger.pdf
Parivodic.pdf
Petcu.pdf
Peters.pdf
Racek.pdf
Spielmann.pdf
Thome.pdf
Vassilev.pdf
Velija.pdf

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Vienna Economic Talks - Sarajevo Meeting

Invest in Bosnia and Herzegovina - Invest in the Region

27-28 September 2009
White Salon, Council of Ministers of Bosnia and Herzegovina

Vienna Economic Talks – Sarajevo Meeting successfully took place under the Patronage of H.E. Dr. Nikola Spiric, Chairman of the Council of Ministers of Bosnia and Herzegovina, Patron of Vienna Economic Forum.

Dr. Erhard Busek, Former Vice-Chancellor of the Republic of Austria and President of Vienna Economic Forum and Secretary General Amb. Dr. Elena Kirtcheva welcomed more than 200 participants from 21 countries and also from the European Bank for Reconstruction and Development (EBRD), the International Monetary Fund (IMF), the Regional Cooperation Council (RCC), Österreichische Kontrollbank AG, and World Bank.

In his speech, Prime Minister Dr. Nikola Spiric said, "I am convinced that regional cooperation will accelerate path of the countries of the Region towards European Union (EU), in political, in economic and in infrastructural and in any other sense"

Impulse statements were given by H.E. Mr. Dragan VRANKIC, Deputy Prime Minister of the Council of Ministers and Minister of Finance and Treasury of Bosnia and Herzegovina, H.E. Ambassador Dr. Valentin Inzko, the High Representative and EU Special Representative in Bosnia and Herzegovina, and Mr. Kemal KOZARICGovernor of the Central Bank of Bosnia and Herzegovina, Member of the Governors Committee of Vienna Economic Forum.

Around 70 companies from the region and 20 companies from Austria participated, with Members of Vienna Economic Forum, including influential Austrian investors like Bären Batterie, CMS Reich-Rohrwig-Hainz, Erste Group Bank AG, GfK Austria, Lansky Ganzger Partner, Siemens, Telekom Austria AG, mobilkom austria AG, UNIQA, Vienna Insurance Group, Volksbank International AG, Wolf Theiss, and also Dr. Akkan Suver, the President of Marmara Foundation of Turkey, partner of Vienna Economic Forum.

During two days of intense discussions, Plenary Sessions and exchange of experience the topics were:

  • Investment Opportunities in Infrastructure, Finance and Energy Sector                            
  • Investment Possibilities and Concrete Projects in Diverse Economic Sectors in BiH. Possibilities for Public Private Partnership (PPP)

Secretary General Ambassador Dr. Elena Kirtcheva in her statement mentioned that for further development of Bosnia and Herzegovina’s economy it is very important to meet with the Austrian and other investors from the region, who came to discuss directly the opportunities for cooperation in all these fields, and that the government of Bosnia and Herzegovina gives priority to attracting investments.

The President of Vienna Economic Forum Dr. Erhard Busek stated he is very pleased to see so many interested companies in Sarajevo who wish to install contacts and to exchange experience.

This all provides a good basis for further and more intensive cooperation, and the cooperation is a key word in the concept and in the vision of Vienna Economic Forum.

Presentations:

Bajrambasic_Ministry_of_Communications_and_Transport.pdf
Basic_FIPA.pdf
Begic_SIEMENS_d.o.o_Bosnia.pdf
Boschert_VBI.pdf
Bretschneider_Conference_Economic_Forum_final.pdf
Dzumhur_Railways_of_FBIH.pdf
FIPA.pdf
Hadzic_24VIP_Logistics_Services.pdf
Kozaric_Central_Bank_BIH.pdf

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Vienna Economic Talks - Pristina Meeting

Invest in Kosovo - Invest in the Region

25 - 26 March 2009 
Hotel Grand, Pristina, Kosovo

Vienna Economic Talks – Pristina Meeting was held on 25-26 March 2009 in Grand Hotel Pristina. 

Dr. Erhard Busek, Former Vice-Chancellor of the Republic of Austria and President of Vienna Economic Forum and Secretary General Amb. Dr. Elena Kirtcheva welcomed more than 180 participants from 19 countries and also from the Regional Cooperation Council (RCC), from the European Bank for Reconstruction and Development (EBRD), from the EU International Civilian Office, from the International Organization for Migration (IOM) and World Bank.

The high representatives of the Government of Kosovo were:

  • H.E. Mr. Hashim THAÇI, Prime Minister of the Government of Kosovo
  • H.E. Mr. Ahmet SHALA, Minister of Economy and Finance of Kosovo
  • H.E. Mr. Lutfi ZHARKU, Minister of Trade and Industry of Kosovo
  • H.E. Dr. Justina SHIROKA-PULA, Minister of Energy and Mining of Kosovo
  • H.E. Mr. Fatmir LIMAJ, Minister of Transport and Telecommunication of Kosovo

furthermore from the Government of Macedonia:

  • H.E. Dr. Fatmir BESIMI, Minister of Economy of Macedonia
  • H.E. Musa XHAFERI, Minister of Local–Self Government of Macedonia

During two days of intense discussions, round tables and exchange of experience the topics were:

  • Investment Policy and Opportunities in Kosovo
  • Investment Opportunities in the Energy Sector, Infrastructure, Finance
  • Transport, Telecommunication, Post, Linking

Secretary General Ambassador Dr. Elena Kirtcheva in her Statement mentioned the advantage that business growth is expected in the next years in Kosovo's energy and transportation infrastructure. According to the latest news, Kosovo expects economic growth and is planning large privatizations. The government has turned Kosovo into one of the countries with the lowest tax burdens. This all provides a good basis for further and more intensive Cooperation and the Cooperation is a key word in the concept and in the vision of Vienna Economic Forum. Kosovo has opened a good atmosphere for business and investment.  

The President of Vienna Economic Forum Dr. Erhard Busek stated he is very pleased to see so many positive changes in Kosovo during the last few years. The Representatives of Kosovo Government, including H.E. Prime Minister Thaci and Ministers of Trade and Industry, Transportation and Telecommunication, Energy and Mining, have invited foreign investors to invest in Kosovo and have guaranteed their commitment to further improving the investment climate.

Program and List of Participants:

VET_Pristina_-_Program.pdf
VET_Pristina_Meeting-_List_of_participants_web.xls

Presentations:

Bubits.pdf
Dobruna.pdf
Filipcev.pdf
Hasani.pdf
Haxha.pdf
Kalo.pdf
Kukaj.pdf
Kürmayr.pdf
PIA.pdf
Qupeva.pdf
Rexhepi.pdf
SIGAL_Data_2008.pdf

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Vienna Economic Talks in Cooperation with Österreichische Nationalbank

The Financial Market Crisis: Effects and Implications for South-Eastern Europe

27 February 2009, Oesterreichische Nationalbank, Vienna, Austria

Vienna Economic Forum organised in cooperation with Oesterreichische Nationalbank on 27 February 2009 Vienna Economic Talks – The Financial Market Crisis: Effects and Implications for South-Eastern Europe.

The meeting was opened by Dr. Peter Zöllner, Director of Oesterreichische Nationalbank, who in his Welcome Statement said he is glad to see Oesterreichische Nationalbank as the host of such an important meeting of the region of South-Eastern Europe and to welcome many Governors of the region of Vienna Economic Forum.

Secretary General Ambassador Dr. Elena Kirtcheva in her Statement was proud to introduce the newly created Vienna Economic Forum Governors Committee.

The Governors Committee was established with the official support from the Governors of the  Member Countries of Vienna Economic Forum (Austria, Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Macedonia, Moldova, Montenegro, Serbia and Slovenia) with the aim to encourage the meeting and cooperation of the institutions and persons, whose positions, capacities and knowledge are in demand today.

The Sessions in the first half of the day were

  • SESSION 1: Global Financial Market Crisis: Spill-over Effects on CESEE Economies
  • SESSION 2: Financial and Banking Sector Developments in CESEE

In the afternoon the Panel Discussion: “The Financial Market Crisis: Current Challenges and Future Perspectives” was moderated by Dr. Erhard Busek, President of Vienna Economic Forum. Dr. Busek underlined the importance of such a meeting to increase the exchange of experience amongst experts and clearly define a strategy.

In the Round Table with the Governors of the National Banks of the Region of South-East Europe, Members of the Governors Committee of Vienna Economic Forum, Vienna Economic Forum could welcome the following Governors and one Vice Governor of the region:

  • Ewald NOWOTNY, Governor, Oesterreichische Nationalbank
  • Ardian FULLANI , Governor, National Bank of Albania
  • Ivan ISKROV, Governor, National Bank of Bulgaria
  • Petar GOSHEV, Governor, National Bank of the Republic of Macedonia
  • Ljubiša KRGOVIC, Governor, National Bank of Montenegro
  • Victor CIBOTARU, First Vice Governor, National Bank of the Republic of Moldova

The concept of cooperation is the concept of Vienna Economic Forum which has been successfully experienced in the last five years since its founding. Following the wish of many participants of the meeting for further cooperation, Ambassador Dr. Kirtcheva stated she is convinced that cooperation is the key word, and the need for cooperation, especially in times like these, is even more evident.  And this meeting should be only the beginning of a series of meetings on current topics which require close cooperation and further development. Vienna Economic Forum remains committed organising such meetings.

Program

Presentations:

Bretschneider_Gesamtpräsentation_VEF_27022009.pdf
Breuss_VEF_Vienna_Economic_Talks_27_02_2009.doc
Egert_Presentation_2008_02.pdf
Eller_et_al_VET_Vienna_Feb_27__2009.pdf
Fink_VEF_27_2_2009.pdf
Reading_20090227_VEF.pdf
Revoltella_Vienna.pdf
Shlizhyus_Vienna_EconForum_CESEE_financial_outlook_270209.pdf

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