Our Blog
4 Reasons for Evaluating Austria as the First Step for Internationalisation of Your Startup
Just recently the latest edition of the Austrian Start Up Monitor was published. The report, once again, shows that Austria has a very dynamic founder scene. Just think of Prescreen, mySugar, Bitpanda or Bitmovin; Austria has spawned numerous, internationally well-known flagships within the startup community.
Business Formation, Legal & Tax Aspects
Austria's Advantages
Bosch successfully pushes ahead with innovations in Austria
As a leading global supplier of technology and services, the Bosch Group offers technology that is “invented for life”. Thanks to its products and services that are innovative and spark enthusiasm, Bosch improves the quality of life for people worldwide. The innovative strength of the company is the basis for future growth.
Research and Development
Innovation and Digitalisation
Austria's Advantages
OnlineDoctor
OnlineDoctor is a healthcare startup founded in St. Gallen, Switzerland in 2016 and the leading teledermatological platform in the DACH region. Patients can receive a professional assessment of a skin problem from a medical specialist for skin and sexually transmitted diseases within a period of 48 hours on the basis of images which have been submitted …
Success Stories
How automation is changing expenditure management
It has become established practice in the last few years to describe the future with version 4.0. This number refers to the various eras of economic history. The biggest turning point in this development was the first Industrial Revolution which took place towards the end of the 18th century. At that time mechanisation enabled a tremendous expansion …
Innovation and Digitalisation
The human element in digitisation- When Your Employees Make Use of Industry 4.0 Data
Data and digitisation have been crucial issues in both the industry and economy for many years. No specialist journal or congress could be imagined without such buzzwords as big data, industry 4.0, artificial intelligence (AI) and many more. There is a general consensus that the future belongs to those companies that understand how to best use their …
Speech Recognition Technology from Austria: Philips Speech as a “Hidden Champion”
Speech technology is a growth market. Philips Speech, the global market leader in professional speech to text solutions, is the “Hidden Champion” in this segment, highly active in this area, and has been for decades. Philips supports more than four million customers in 40 countries from its headquarters and production facility in Vienna-Favoriten. …
Tecnologia di riconoscimento vocale dall’Austria: Philips Speech come " Hidden Champion"
La tecnologia di riconoscimento vocale è un mercato in forte crescita. Philips Speech, numero 1 a livello mondiale nelle soluzioni professionali di dettatura e trascrizione, già da decenni è molto attivo come "Hidden Champion" in questo settore. Dalla sua sede centrale e dallo stabilimento di produzione di Vienna, nel quartiere di Favoriten, serve …
Innovazione e Digitalizzazione
Rosinger Group
The Rosinger Group is an internationally successful financial group with a long history, which is active in the business areas of “own investments” and “highly specialised consultancy services”.
Success Stories
Rosinger Group
«Rosinger Group“ – это зарекомендовавший себя в течении многих лет и преуспевающий в мировом масштабе финансовый концерн, работающий не только в сегменте «собственные инвестиции», но и в области предоставления …
Shared Mobility in Austria!
"A green planet with mobility from everyone, for everyone" has continuously been the motto of GO Sharing.
Innovation and Digitalisation
Support measures for companies affected by COVID-19
To stimulate the economy, either new programs may be established as a result of the draft law or existing support programs (e.g. aws, ÖHT) will be expanded. All measures introduced are intended to be applicable immediately and will be in force until the end of 2020. The measures currently introduced include the following areas:
Austria's Advantages
Digital Hidden Champions in Austria
Hidden champions are successful companies that are typically not recognized as such by the population at large as they are selling their products to other companies. They do not produce consumer products, but they create components that are necessary for those products to exist. Austria is known to have quite a few of these companies but it’s easy …
Innovation und Digitalisierung
Ventus Cloud Austria GmbH
Ventus Cloud AG, founded in Switzerland in the year 2019, has set itself the task of assisting developers and companies by facilitating the provision of infrastructure via its European cloud platform.
Success Stories
A Vienna Startup Success Story: Artivive
Augmented reality combines the real world with digital enhancements that allow us to visualize a new dimension of our reality. Artivive is the leading augmented reality art platform, based in Vienna, a city with such a rich cultural history, it was a no-brainer that this art-tech startup should set up shop in Austria’s capital city.
5G Technology – boosting post-COVID economy in Austria
The worldwide experience from the first 5G FWA implementations replacing in difficult areas the costly construction of cable networks in such conditions is urgently observed in many regions of the world, also in Europe, where service providers count on their implementation.
Forschung und Entwicklung
Innovation und Digitalisierung
Evotec SE
Evotec is an active substance research company which rapidly presses ahead with innovative product approaches on the basis of development partnerships with leading pharmaceutical and biotechnology companies, academics, patient advocacy groups and venture capitalists.
Success Stories
The light-Emitting Austrian Network
Photonic technologies comprise a large proportion of the European and Austrian economy and have enabled them to play a pioneering role. However, global competition is continuously intensifying. In this case, investments in photonics are absolutely indispensable as the basis for maintaining the role of a frontrunner. Although photonics is already well-known …
Research and Development
Green Edge Cloud Austria GmbH
Green Edge Cloud Ltd is a next generation cloud service provider on the European market. The company offers “private” cloud solutions on a decentralised, distributed, secure, cost-transparent and sustainable system architecture running on an innovative European operating system.
Success Stories
Klaxon Mobility GmbH
Klaxon Mobility GmbH was founded as a startup in Villach, Carinthia at the end of 2015 by Dr. Enrico Boaretto and Dr. Andrea Stella. It develops and produces innovative mobility solutions for all manual wheelchair models on the basis of state-of-the-art technologies.
Success Stories
Trask Austria GmbH
Trask is a technology and business consulting company with headquarters based in Prague. The focus lies on technology-based business innovations, revolutionary products in digital banking, development of new technologies worth following, deep knowledge of the customers’ environments and the courage to push limits.
Success Stories
Should one invest just in a time of crisis?
Marion Biber, Managing Director of ABA – Invest in Austria and expert for the business location of Austria, explains why it may make sense just now to invest abroad in despite of the coronavirus crisis and lockdowns.
Austria's Advantages
Digital Transformation Made in Austria
The global lockdowns have not only changed people’s private lives, but also put a much greater burden on online systems. Digital solutions, whether banking transactions, online shops, streaming platforms or other online portals, are more sought after than ever before, and thus also more strained than they ever have been.
Innovation and Digitalisation
Digitalisation of Corporate Law
On 17 November 2020, the second lockdown in the Republic of Austria was imposed based on the COVID-19 Emergency Measures Ordinance issued on 15 November 2020. The curfews once again made the decision-making bodies of Austrian companies and all consultants aware how indispensable the digitalisation of corporate law and the implementation of already existing …
Business Formation, Legal & Tax Aspects
Innovation and Digitalisation
Ericsson Austria
Ericsson is the world leader in communications technology and services, headquartered in Stockholm, Sweden. 40 percent of the world's mobile traffic is handled by Ericsson network technology.
Success Stories
Christmas in Austria: Customs and Traditions
Like every other country in the world, Austria has its own customs and traditions which characterise the winter holidays. Even within the country, people often disagree as to which traditions are actually the original ones. For this reason, both local residents and newcomers are often equally confused if they should happen to find themselves in an Austrian …
Austria's Advantages
5 Reasons in Favour of Launching Your Startup in Austria
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 …
Business Formation, Legal & Tax Aspects
Austria's Advantages
Regional support for companies affected by COVID-19
In addition to the nationwide federal initiatives for the economy, there are additional Corona measures for affected companies at provincial level.
Austria's Advantages
The renewable energy market in Austria: Full of possibilities!
Although planning for energy transition targets in Europe only dates back to 2008, some countries have not waited for a timetable to act. Perhaps driven by an ecological awareness of their population, these forerunners sometimes invested in renewable energies as early as the 1970s. But their real motivation was first and foremost the prospect that the …
Research and Development
Esports & Betting in Austria
For a long time now competitive computer games have not only been played in the dark bedrooms of teens. In fact, this has become a highly professional scene with prize money and audience ratings com-peting with sports events such as the National Football League and the Champions League. In Austria, esports have now taken their place as a mainstream …
Business Formation, Legal & Tax Aspects
Innovation and Digitalisation
Welcome to the future of legal transactions
Thanks to an initiative of the Austrian Chamber of Civil-Law Notaries, Austria is playing a pioneering role in connection with the digital foundation of companies.
Business Formation, Legal & Tax Aspects
Innovation and Digitalisation
