More capital for small and mid-sized companies - that's the watchword for a program being launched this summer by the Vienna Stock Exchange. FIT (Finance in Time) is aimed especially at easing access to capital markets for smaller businesses with balance sheets of ATS 20 million ($1.67 million). Other advantages for the companies involved include lower capital costs and improved public images.
A link to Euro NM - the European Union's network of exchanges for small and mid-sized businesses - is planned for the beginning of 1998.
Visit Austrian Business Agency's website at http://www.telecom.at/AustrianBusinessInfo or enter a text search 'Austrian Business Agency' and 'Business Monitor'.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
See More Popular Content From