European background

Since joining the European Union in 1995, Austria has strengthened its economic ties with European Union economies to counterbalance its economic dependence on Germany. EU membership has also drawn an influx of foreign investors attracted by Austria's privileged geographical position and historical ties with other Central and East European countries aspiring to EU membership.

EU accession of other eight Central and Eastern European countries further accelerated Austria's eastward drive. Despite the fact that Austria represents only 2% of the EU population, it commands a healthy 8% of EU-internal trade with the new Central and Eastern European member states where Austrian banks and insurance companies are acknowledged market leaders.

Austria’s economic expansion on Central and Eastern Europe as well as in the northern Balkans has maintained a long-term economic growth and fostered free-market principles.

Austria is currently the leading foreign investor in Romania, Bosnia, Bulgaria, Croatia, and Slovenia, with tremendous economic benefits to the country. Economists estimate that taking advantage of the new market opportunities in Central and Eastern Europe alone created 60,000 new jobs in Austria between 1989 and 1997.

Adding to that, Vienna is an important international political center. It hosts a number of international organizations such as the Secretariat of the Organization for Security and Cooperation in Europe [OSCE], the International Atomic Energy Agency [IAEA] and the Organization of Petroleum Exporting Countries [OPEC].

Our objectives

"Bostina & Associates GmbH" aims to be a trusted mediator to facilitate, strengthen and improve economic partnership between the Romanian and Austrian companies, to become the "Eastern Gate" for the Austrian companies that intend to invest in Romania and offer high quality legal support to Austrian companies wanting to invest in Romania as well as a reliable partner for Romanian entrepreneurs wishing to expand westwards.