Vienna, December 5, 2025 – As part of his visit to Austria, Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev held a meeting with representatives of leading Austrian industrial and investment companies. The event brought together key firms operating in machinery manufacturing, green metallurgy, transport development, innovation and high-tech sectors.

Representatives of ÖBB, Lasselsberger Group, Primetals Technologies Austria GmbH, AVL List GmbH, Steyr Automotive, Rosenbauer International, Magnatech GmbH and other companies shaping Austria’s industrial and technological profile, attended the meeting.

Minister Kosherbayev briefed investors on Kazakhstan’s current economic dynamics and highlighted Austria’s role as a reliable European partner. Around 170 companies with Austrian capital operate successfully in Kazakhstan, including such well-known brands as Lasselsberger Group, Liebherr, Andritz Hydro and Swarovski. Kazakhstan also remains one of Austria’s main crude suppliers, accounting for more than 40% of the country’s oil imports.

During the roundtable, the participants reviewed opportunities for new joint projects in machinery manufacturing, green metallurgy, transport system modernization, raw materials processing and the introduction of intelligent technologies. Special attention was paid to enhancing Kazakhstan’s export potential, including agricultural products, metallurgy, chemical industry goods, engineering solutions and IT services.

In addition, Austrian businesses were also presented with new opportunities for establishing production facilities, localizing technologies, and expanding their presence in Central Asian markets.

“Austria’s business community has consistently demonstrated strong confidence in Kazakhstan. Our partnership is grounded in technological development, long-term cooperation and a shared commitment to progress. Kazakhstan offers a stable macroeconomic environment, access to regional markets and favorable conditions for industrial project implementation. We invite Austrian companies to further expand their presence and take part in new initiatives,” the Minister stated.

The Kazakh Foreign Minister emphasized that Kazakhstan remains the regional leader in attracting foreign direct investment. Since independence, the country has received over 470 billion US dollars, reflecting sustained international interest and a high level of confidence in Kazakhstan’s economy.

The sides agreed to continue detailed work on investment and industrial projects and to intensify cooperation between the relevant government agencies and the business communities of the two countries.

Source : https://www.gov.kz/memleket/entities/mfa/press/news/details/1120366?lang=kk