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09 May 2018

Autonomous Driving: Pole Position for Austria

I am a passionate driver, and always have been. As a young person I could hardly wait to finally get my driving license. At the same time, the technology buff in me is looking with great excitement at the revolution currently taking place in the automobile industry. In which direction is this transformation taking the automotive sector? How is our understanding . . .
25 April 2018

Germany + Austria: Two key components for economic success

German companies and an Austrian business environment. This equation has been extremely successful for years. It is not without reason that our northern neighbor is traditionally the most important investor nation in Austria. There are numerous reasons for this phenomenon, as confirmed by a survey carried out by ABA of executives working at German companies. . . .
11 April 2018
the ventury

Chatbot Vienna: capital of the tech scene

They have been the talk of the tech scene for a while now. But not only the tech scene is gushing about them. Corporates are adopting the technology as a new way of interacting with customers or their employees, too. From the beginning, Vienna has been one of the top chatbot hubs in the world. Time to recap.
28 March 2018
wiener riesenrad

Vienna Ranked Number One for the Ninth Straight Year: A Success Story “Made in Austria”, Not a Coincidence

“Vienna, Vienna, Only You and You Alone” (Wien, Wien, nur Du allein...): this classic song still applies today, or even more than ever before. No other metropolis in the world has such a profound appeal as Austria’s capital city. This particularly goes for international companies and their employees. The consulting company Mercer Vienna rated . . .
14 March 2018
cyber security

Cyber security measures are a Hype

Digitalization makes it essential to conduct research into new methods and develop new technologies as protection against cyberattacks. Several fundamental measures are justified more than ever before.
28 February 2018
microelectronic part

Carinthia: An El Dorado for Researchers and Developers in the South of Austria

Carinthia, the southernmost federal province of Austria, located in the border triangle of Italy, Slovenia and Austria, is not only a convincing location due to its fantastic natural landscape but also due to its first-class technological competence. Internationally operating flagship competencies shape future developments, above all in the fields of . . .
08 February 2018

Carnival in Austria

Witches, demons and other spooky creatures populate the streets of Austria up until Ash Wednesday. However, nobody has to be afraid. This period of year is mainly colorful, funny and sometimes a bit crazy.
31 January 2018

Pharmaceutical industry Austria: Fertile Ecosystem

Have my colleagues recently discovered their love for Mozart and apple strudel? Or what other reason could there be for international and domestic pharmaceutical companies investing EUR 800 million in Austria in 2017 alone?
17 January 2018

Vienna: 360° Support for Life Sciences

Are you considering setting up a company in Vienna in order to develop an innovative drug or medical product? Do you have plans to revolutionize biotechnological methods used in other industries? If so, Vienna is just the right place for you! The business location offers everything you need to successfully put your business idea into practice.
13 December 2017
Open Innovation

Open Innovation: How Austrian Companies Develop Ingenious Ideas

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.
29 November 2017
eu flag

Data protection could be expensive as of May 2018 – What startups have to keep in mind!

The EU General Data Protection Regulation (GDPR) will take effect in May of next year. However, only a very few people know what impact these rules will have on your company and its way of operating with respect to handling personal data.
15 November 2017

Highly popular: Austrian startup scene improves connections to Asian hotspots

What do Israel, Japan, Singapore, Hong Kong and South Korea have in common? They belong to the target countries of the Global Incubator Networks (GIN). Over the last two years GIN has been promoting investments in and from these hotspots – as a one-stop-shop for investors, startups and incubators.
02 November 2017

Styria as a Visionary and Pioneer in the Field of Life Sciences

The catchword is cooperation when it comes to considering the strength and attractiveness of Styria in the field of “human technology”. The synergetic collaboration of the scientific and business communities serves as the basis for innovations along the entire value chain.
18 October 2017
life sciences research

Life Sciences Austria: Hot Spot for Companies

In recent years Austria has turned into a hot spot for life sciences. An increasing number of life sciences companies locate their business operations in the Alpine Republic due to its favorable underlying conditions. These firms strengthen the business location through investments, innovations and by creating jobs.
04 October 2017
screenshot unternehmensservice portal

Electronic founding of companies – The digital path to self-employment starting right now

Up until now, anyone deciding to establish a company was frequently confronted with numerous bureaucratic challenges. A large amount of information and red tape had to be dealt with, such as the district administration, the Federal Economic Chamber and the tax office.
20 September 2017
steuern unternehmen

Tax Incentives for Companies at the Business Location Austria

It is a challenge for companies to learn their way around the complex Austrian tax landscape. As a result, they often forego tax advantages they could claim. Business Location Austria offers a series of tax benefits for holding companies, tax groups and research-intensive companies.
06 September 2017

Accelerating Startups – weXelerate

Within one year, Vienna has blossomed into an up and coming hotspot for international startups. This could succeed in doing something which seemed impossible up until now: the radical innovation of the business location.
09 August 2017

Accelerating from 0 to 100 – The Million Euro Deals of Austrian Startups

Austria features a pulsating startup scene. In the meantime, it is the talk of the town at regular intervals due to the spectacular exits. The latest example of a successful takeover is the Viennese human resources startup Prescreen.
26 July 2017
patentbot albert

The Albert Patent Bot Checks It Out

Do you have a robot on your team? Perhaps you even have one that can tell jokes? The Austrian Patent Office does. Albert Patent Bot is the name of the digital brand consultant supporting startups with respect to trademark protection. Albert is the very first chat bot in the Austrian public sector and chats with people in Facebook Messenger generously . . .
12 July 2017

The “privilege for industry” in the Austrian Trade Regulation Act

If a foreign company wants to be economically active in Austria, whether on a cross-border basis or by setting up a subsidiary or branch office, it will inevitably be confronted with the Austrian Trade Regulation Act.
28 June 2017

From a cool business idea to a good investment

The startup scene is booming. It is not only “in” to found one’s own startup, but industry has taken a liking to acquiring innovations from startups and working with them. However, there are countless lurking pitfalls which could cause even highly innovative business ideas to be worthless at the end of the day.
14 June 2017

Research premium: added impetus to Research Location Austria

One positive signal for research companies based in Austria occurred in 2016: the increase in the research premium from 10% to 12% was already an important measure designed to strengthen the domestic research landscape. As of 2018, the research premium will be raised again from 12% at present to a level of 14%.
31 May 2017

Being a startup in Austria

Runtastic, spire, mySugr, shpock, kiweno, Waytation, USound and several others have set an example for “Being a Startup in Austria". These startups have succeeded in conquering the business world from the Austrian business location thanks to an innovative concept and a lot of hard work. However, bureaucratic and financial obstacles which need to be . . .
17 May 2017

Austria as global innovation player

Knowledge is the basis. Innovation stems from knowledge, and this becomes visible in the form of products and services which successfully make their way onto the marketplace. Austria is among the world’s best when it comes to knowledge management. But there is still room for improvement in applying this knowledge, in innovation.
03 May 2017

Giving and taking in research

One out of every six euros invested in research and development in Austria comes from abroad. This is a traditionally high figure, and as we have seen, a stable share. Against the backdrop of a rising R&D ratio, the involvement of foreign companies is higher than ever before in nominal terms. In the meantime, they invested EUR 1.72 billion in Austria . . .
24 April 2017
bmw steyr

Foreign companies as a driving force for Austria

Austria is a very successful country economically speaking. Only Luxembourg, Ireland and the Netherlands have a higher per capita GDP in the EU. Domestic companies mainly assert themselves as market leaders in small niches, are highly productive and export almost everywhere in the world. This is something which is well known, at least within Austria . . .
21 April 2017

Go Austria: How young international companies can profit from the Startup Package

The startup scene has waited a long time for a better environment. Now the time has finally come. A Startup Package with a volume of EUR 185 million will sustainably strengthen Austria as a business location and make Austria the number one country for founders – an ambitious but realistic goal.
19 April 2017
cbre office market

Positive development of the Vienna office market boosts the city’s role as a service hub

The year 2016 was the most successful year for the Vienna office rental market since 2012, with 329,000m² of newly rented office space. Due to the above-average second half-year, the letting performance was about 59% higher for 2016 as a whole than in the previous year.
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A smartphone keyboard for the blind

A special mobile phone keyboard developed by the Vienna University of Technology enables blind people to type in texts on their smartphones.

How Austria Shapes Its Future with AI

Artificial intelligence (AI) is certainly the most powerful new technology available today. This is probably the reason why the underlying discussion is frequently driven by fear. Hollywood has also contributed to this. Half-human, half-machine mutants resembling Frankenstein and Terminator are the spectres unleased by AI. However, as is often the case, Hollywood’s fantasy has little to do with reality.

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