I spent my first day here in Austria wandering around the old Schönbrunn Palace, where the family of the old imperial family lived. The grounds were beautiful. The world's oldest zoo is also there, and I have to say, things are looking pretty busy over here, dispite what some "recessionists" would say.
In fact, both legs of my flight were full, and the zoo and palace were crowded with tours, and today is Sunday!
Now, on my taxi ride from the airport to the hotel, I passed a power plant, a massive one. OMV is the largest utilities provider in the country, so it wasn't a surprise to see its name plastered on the side of a building.
I'm going to be digging more into OMV while I'm here, as a potential investment. One of the reasons is because OMV owns Austria's share of the Nabucco Pipeline Project, which will pipe massive amounts of natural gas from the Caspian Sea region, bypassing Russia entirely.
It's an interesting story, and I'll be putting a lot of time and research into it in my full report once I return to the States.
I'll be in touch early next week with more stories. After a day or two here, I'm off to the Czech Republic, where there are even better investment opportunities.
Talk to you then!
Sara
