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Inspite of higher labor costs, the productivity of Siemens Villach is comparable to other Siemens susidiaries in Japan or the USA.
An investment consortium under the lead management of Q Capital Ventures has acquired a stake in the fast-growing Austrian smart data company Braintribe by investing a mid single-digit million euro amount.
It may sound paradoxical, but innovation designed to safeguard competitiveness has long abandoned the former approach of taking place in a hidden chamber while maintaining strict confidentiality. Instead, innovation now arises by experimenting beyond the confines of the company. Austria provides support here.