Austrian business is not going to leave Russia despite anti-Russia sanctions and decreasing turnover, Austrian Economic Chamber’s Vice-President Richard Schenz said on Friday.




“More than 500 Austrian enterprises still have their offices in Russia, nobody is going to leave this market despite difficult internal and external factors,” Schenz said at the meeting of the Russian-Austrian Business Council.


From his point of view, a rapprochement dialogue in difficult times is a common behaviour for partners and friends.


Schenz also added that the trade relations between Austria and Russia reached a peak in 2012 when the turnover amounted to 7.2 billion euro (over $77 billion). In 2015 it decreased to 4.4 billion euro.