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FDI: Entry and ownership rule
On 15 November 2011, the Austrian parliament approved an amendment to the regulations on foreign direct investment included in the foreign trade law ("Aussenhandelsgesetz").
Under the new regime, investors from non-EU/EFTA countries wanting to acquire more than 25 percent of an Austrian enterprise of "public interest" must seek permission from the Ministry of Economy.
According to the amendment, the "public interest" is concerned with the following industries:
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