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Austria

 
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Austria

The Chambers of Commerce

Originally established under the Habsburg Empire in 1848, the modern chambers of commerce operate under legislation passed in 1946. They serve as the legal representatives of all persons engaged in crafts (small-scale production), industry, commerce, finance (banking, credit, and insurance), transportation, and tourism. Each of these six functional activities is handled by a separate section within the nine provincial chambers and in the parent body, the Federal Chamber of Trade and Commerce, commonly referred to as the Federal Economic Chamber (Bundeswirtschaftskammer). The most important functions of the chambers arise from their authority to interpret laws and regulations affecting the interests of their members and from their right to advise the Nationalrat (National Council) and review draft legislation.

Data as of December 1993

Austria - TABLE OF CONTENTS

  • The Economy


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