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Value-added effects
In 2017, RBI AT generated a gross production value of € 1,842.2 million. This resulted in an Austria-wide direct
value-added contribution of € 1,356.1 million or, including indirect and induced effects, a total gross value-added
contribution of € 1,810.2 million. The value-added factor is calculated by dividing the total effect by the direct effect.
The Austria-wide value-added factor is 1.33, meaning that every euro generated by RBI AT triggers an additional
€ 0.33 in value added in Austria.
The direct value-added contribution from RBI AT’s activities is roughly double the Austria-wide value added
generated from clothing manufacturing. In terms of an industry comparison, the Austria-wide direct, indirect and
induced value-added contribution is roughly double the value-added contribution from the manufacture of medical
devices and is approximately equal to the value added generated by the iron and steel production sector.
RBI AT’s gross value-added effects in € million, 2017
1,356.1
Direct
gross value added
Indirect
gross value added
Gross value added per employee as a measure of productivity amounts to € 361,819. This is comparable to the
productivity of the base chemical production segment and almost double the figure for electricity supply.
Employment effects
In 2017, RBI AT employed 3,748 people in Austria. Intermediate input in Austria and so-called income effects
meant that RBI AT created or secured an additional 7,300 jobs in Austria (indirect and induced).
A direct employment effect of 3,748 people and a total effect of 11,048 people is equivalent to 0.1% and 0.3%
of all employees in Austria (based on the figure of 3,790,100 employees in 2017 according to Statistik Austria).
This corresponds to the number of people employed in data processing and consumer electronics in Austria.
Raiffeisen Bank International | Sustainability Report 2018
Induced
gross value added
Total
gross value added
337.3
116.8
1,810.2
Source: RBI, Economica