This is how the Austrian capital helps Viennese companies

By: Trademagazin editor Date: 2021. 01. 29. 11:10

Vienna has set up a special company to provide a capital injection to traditional capital companies in crisis due to the coronavirus pandemic – Világgazdaság Online, wrote.

40 million euros is available for this purpose, and 250 jobs have been saved so far. The city will leave the affected businesses after seven years.

Restaurants, cafes, jewelery makers, lubricants and electronics companies alike are among the businesses in which the Austrian capital has recently bought a stake to help them out of their shaky economic situation due to the coronavirus pandemic. (vg.hu)