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Storage and distribution for Eastern Europe is more economical from Vienna than from Prague or Budapest. Because shipping business between the individual reform nations is barely developed, whereas neary every Eastern destination is serviced from Vienna several times a week.
Hewlett Packard Austria
Professor Arnold Schuh (Vienna University of Economics and Business) shares his insights on the economic recovery in CEE.
Close to 40,000 new companies were founded in Austria in the year 2019. More than 9,000 of them, or close to one-quarter of the total, were established in the capital city of Vienna, making it the startup leader. 20 years ago the number of companies founded in Austria was less than 20,000 (Austrian Federal Economic Chamber). It is clear to see that Austria has become more attractive as a business location. Why is this the case? What the reasons for establishing a company or startup in Austria?