Economic Initiative for Kosovo
Encyclopedia
ECIKS is a non-profit organization
aiming to support a sustainable long-term economic development in Kosovo
and the regional economic cooperation.
On November 2006, ECIKS has opened the first economic representation of Kosovo abroad and is representing the Investment Promotion Agency of Kosovo in the German
speaking countries.
The Vienna
branch of the IPAK is implemented by ECIKS and financed by the Austrian Ministry of Foreign Affairs through the Austrian Development Agency.
A pro-active approach in foreign direct investment promotion by taking the initiative
in contacting and providing case-to-case information to potential investors, analyzing and disseminating general information on business
and investment opportunities in Kosovo, actively linking Kosovar entrepreneurs with potential partners abroad, etc. represent some of the main goals ECIKS is working to achieve.
From a small organisation created by a group of then Kosovar students in Vienna
, ECIKS has grown to a partner of the business community. It now represents a serious partner of some European governments and international institutions, such as the World Bank
, Austrian Development Agency, Vienna Economic Forum
etc.
Since November 2006, within a project proposed by ECIKS and financed by Austrian Government
through Austrian Development Agency, ECIKS officially represents the Investment Promotion Agency of Kosovo (IPAK) in the German-speaking countries. This office is at the same time the first official economic representation of Kosovo abroad.
Non-profit organization
Nonprofit organization is neither a legal nor technical definition but generally refers to an organization that uses surplus revenues to achieve its goals, rather than distributing them as profit or dividends...
aiming to support a sustainable long-term economic development in Kosovo
Kosovo
Kosovo is a region in southeastern Europe. Part of the Ottoman Empire for more than five centuries, later the Autonomous Province of Kosovo and Metohija within Serbia...
and the regional economic cooperation.
On November 2006, ECIKS has opened the first economic representation of Kosovo abroad and is representing the Investment Promotion Agency of Kosovo in the German
German language
German is a West Germanic language, related to and classified alongside English and Dutch. With an estimated 90 – 98 million native speakers, German is one of the world's major languages and is the most widely-spoken first language in the European Union....
speaking countries.
The Vienna
Vienna
Vienna is the capital and largest city of the Republic of Austria and one of the nine states of Austria. Vienna is Austria's primary city, with a population of about 1.723 million , and is by far the largest city in Austria, as well as its cultural, economic, and political centre...
branch of the IPAK is implemented by ECIKS and financed by the Austrian Ministry of Foreign Affairs through the Austrian Development Agency.
A pro-active approach in foreign direct investment promotion by taking the initiative
Initiative
In political science, an initiative is a means by which a petition signed by a certain minimum number of registered voters can force a public vote...
in contacting and providing case-to-case information to potential investors, analyzing and disseminating general information on business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
and investment opportunities in Kosovo, actively linking Kosovar entrepreneurs with potential partners abroad, etc. represent some of the main goals ECIKS is working to achieve.
History
Since its foundation in 2003, ECIKS is working to support a long-term and sustainable economic growth in Kosovo by stimulating foreign investments and providing specific services to its clients, organising events, publishing promotional materials, offering tailored services to foreign potential and existing investors in Kosovo, in publishing news and analysis on the economic and business developments in Kosovo, and in working closely with partner organisations.From a small organisation created by a group of then Kosovar students in Vienna
Vienna
Vienna is the capital and largest city of the Republic of Austria and one of the nine states of Austria. Vienna is Austria's primary city, with a population of about 1.723 million , and is by far the largest city in Austria, as well as its cultural, economic, and political centre...
, ECIKS has grown to a partner of the business community. It now represents a serious partner of some European governments and international institutions, such as the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...
, Austrian Development Agency, Vienna Economic Forum
Vienna Economic Forum
The Vienna Economic Forum, founded in 2004, is an economic forum popularising and promoting investment opportunities in the region from the Adriatic to the Black Sea....
etc.
Since November 2006, within a project proposed by ECIKS and financed by Austrian Government
Economy of Austria
Austria is one of the 12 richest countries in the world in terms of GDP per capita, has a well-developed social market economy, and a high standard of living. Until the 1980s, many of Austria's largest industry firms were nationalised; in recent years, however, privatisation has reduced state...
through Austrian Development Agency, ECIKS officially represents the Investment Promotion Agency of Kosovo (IPAK) in the German-speaking countries. This office is at the same time the first official economic representation of Kosovo abroad.