15 years - Austria / II. Republic of Austria 1961 - 5 Shilling
Theme: Economy & Industry
Country | Austria / II. Republic of Austria |
Issue Date | 1961 |
Face Value | 5.00 |
Color | blue |
Printing Type | Photogravure |
Stamp Type | Commemorative |
Item Type | Stamp |
Chronological Issue Number | 439 |
Chronological Chapter | OOS-OE2 |
SID | 381048 |
In 62 Wishlists |
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.