Austrian companies Andritz, Doppelmayr, ILF, Kogler, Liebherr are the largest exporters of high technology to Central Asia. Enterprises already operating in the region are intensively developing business, and newcomers are studying the possibilities of marketing, for example, technologies and equipment for health care, agriculture, the oil and gas sector and other areas where there are opportunities for the development of innovative enterprises.
The Austrian edition of Boerse-express, in particular, writes that AIR6 Systems is looking for partners in Central Asia for its high-performance drones technologies to use in agriculture, surveying and construction. Glaunach, one of the world’s leading producers of fibrous sound absorbers, is interested in developing its business in the oil and gas sector of Central Asian countries.
The interest of Austrian business is explained simply. The economies of Central Asian countries are among the fastest growing in the world and open up broad prospects for exporters who are ready to offer high-quality equipment.
A number of Austrian companies are actively working in Turkmenistan and have proven themselves in several key projects. For example, Lisec Maschinenbau, the manufacturer of equipment for the glass industry, has contributed to equipping a new glass plant opened in the Ahal province.
Heidelberger Druckmaschinen Eastern Europe, well known in the global printing industry, is presented in Turkmenistan since 2000. Turkmen farmers have established good business contacts with the Association of Austrian Cattle Breeders (ZAR). ILF Consulting Engineers that provided consulting services under the Ashgabat International Airport project is another example of effective Turkmen-Austrian cooperation in the transport sector.
Turkmenistan and Austria have a long time-proved business history. Last June, the Union of Industrialists and Entrepreneurs of Turkmenistan opened its representative office in Vienna. Now, experts note that there are signs of future growth in mutual trade.