15 years  - Austria / II. Republic of Austria 1961 - 5 Shilling

Designer: Pilch, Adalbert

15 years - Austria / II. Republic of Austria 1961 - 5 Shilling


Theme: Economy & Industry
CountryAustria / II. Republic of Austria
Issue Date1961
Face Value5.00 
Colorblue
Printing TypePhotogravure
Stamp TypeCommemorative
Item TypeStamp
Chronological Issue Number439
Chronological ChapterOOS-OE2
SID381048
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A number of factors supported the political leaders in implementing the plans for the economic recovery of Austria after the war. So it was in addition to the onset of the world economy in the fifties, the many workers who contributed directly to the reconstruction. Also, the persuasive power of the representatives of the national economy in credit negotiations was an important element. The repair and expansion of the production facilities required enormous investment funds. For this reason, negotiating skills were particularly important, for example, for granting ERP loans, for which the American organizations were then responsible. Naturally, the ÖMV Großschffinerie Schwechat had been a preferred target during the war. Accordingly, the damage was high. Thus, the production of this business was a project that was associated with enormous investments.

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A number of factors supported the political leaders in implementing the plans for the economic recovery of Austria after the war. So it was in addition to the onset of the world economy in the fifties, the many workers who contributed directly to the reconstruction. Also, the persuasive power of the representatives of the national economy in credit negotiations was an important element. The repair and expansion of the production facilities required enormous investment funds. For this reason, negotiating skills were particularly important, for example, for granting ERP loans, for which the American organizations were then responsible. Naturally, the ÖMV Großschffinerie Schwechat had been a preferred target during the war. Accordingly, the damage was high. Thus, the production of this business was a project that was associated with enormous investments..