“Due to our close historical relationships, the reconstruction of the Ukraine is to the same as solidarity and chance. We set impulses to act in solidarity and at the same time so that our companies can benefit economically. With the facilitation of export guarantees and the expansion of the opportunities, we facilitate access to reconstruction projects, increase the investment security and construction as a strong export. Is active, strategic economic policy with responsibility, ”says Economic Minister Wolfgang Hattmannsdorfer.
Austria’s participation in the reconstruction of the Ukraine takes on concrete forms: As part of Ukraine Recovery Conference (URC) 2025 in Rome, Economics Minister Wolfgang Hattmannsdorfer presented a noticeable relief in export guarantees and a targeted Ukraine focus in the opportunities for chance, on which he was able to agree together with Finance Minister Markus Marterbauer.
“With its share of around 20 percent of the total value creation, Austrian industry has a great importance for both the economy and the prosperity of our country. With more than one million people in this area, the sector is an important employer with well -paid jobs. It is all the more important to strengthen Austrian companies, because we also strengthen prosperity and employment. Another important step towards strengthening, ”said Finance Minister Markus Marterbauer.
Economic outlook: reconstruction as an opportunity for the century for Austria’s export industry
The reconstruction of Ukraine is currently one of the largest economic and political projects in Europe. With an estimated financial requirement of $ 524 billion, he has enormous potential for the Austrian export industry. Before the outbreak of the war, Austria was the sixth largest foreign investor in Ukraine. In 2024, Austrian exports to Ukraine rose again by 8.1 percent to around 666 million euros, most recently exports rose by 17 percent in the 1st quarter of 2025. That is why Hattmannsdorfer is accompanied by an business delegation, in addition to the Austria Chamber of Commerce and the industrial association, representatives of leading Austrian companies such as Voith Hydro, Vienna Energie, Primetals Technologies, Delta AG and Austrian Airlines are
“Austria is an export country and our economic success is based on international networking, technological competence and reliability. We are a reliable partner for Ukraine and we want to continue to take on this role in the future,” said Hattmannsdorfer.
Companies from Austria have competencies in exactly those sectors that are indispensable for the reconstruction of Ukraine: construction, mechanical engineering, energy and environmental technology, digital solutions and services. The economic return of these projects is significant: First analyzes show clear multiplier effects for added value, employment and industrial strength in Austria.
Export promotion with new clipper: noticeably improved export guarantees
In order to sustainably improve the general conditions for domestic businesses in the Ukraine business, Finance Minister Marterbauer and Economic Minister Hattmannsdorfer have agreed on central changes in the field of export guarantees:
- Higher protection for exports: State protection for export transactions with private customers in Ukraine is so far 90 percent in the standard procedure 95 percent increased. This reduces the risk of companies and is based on the best European standards.
- Relieved access to public projects: So far, a state guarantee of Ukraine was necessary for business with public clients. In the future it is sufficient if State Ukrainian banks are accepted as a reliable partner- this clearly makes access to infrastructure and government projects.
- Attractive financing through “Shopping Lines”: Ukrainian daughter banks, whose parent companies support at least 50 percent of the risk, are given access to Particularly affordable credit lines of the OEKB. This enables you to finance Austrian suppliers directly – a great advantage for domestic companies, which make it easier to make orders.
“In order to enable Austrian export companies and investors despite the special risk situation, the Ministry of Finance, together with the Austria control bank, has again expanded the support options for shops in Ukraine,” said Marterbauer.
Export guarantees help to secure domestic companies against payment defaults abroad, significantly reduce the risk of exporters and credit institutions and thus create the necessary incentive to courageously implement even larger projects – a first important step that must follow further measures to facilitate the domestic economy.
“The extensions of the national liability in Ukraine bring advantages for our economy and for our budget. By paying an adequate premium for the guarantees of the state’s guarantees.
Package of opportunities with Ukraine bonus brings direct funding
A central part of the support is the opportunities for internationalization, which is implemented via the proven GO-International initiative-in close cooperation with the Austria Chamber of Commerce (WKÖ). A special focus is on a new Ukraine bonus:
“With the opportunities package we set a clear sign: Austria invests in its export industry and takes responsibility for economic stability and reconstruction in Europe’s neighborhood,” said Hattmannsdorfer.