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Austria.
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Austria in the EU - the advantages

As a result, the fundamental freedoms enjoyed by people in the EU also extend to Austrians. This entails the freedom of movement for all workers and thus the free choice of employment, right of establishment and freedom to provide services, and the free movement of capital and goods. In return, Austria is obliged to adopt EU regulations.

Ongoing EU enlargement has had a positive impact on Austria’s economic growth. Forecasts conclude that Austria’s annual GDP increase is 0.15% higher than it would have been only with an EU of 15 member states (EU-15).

The bottom line is that per capita economic growth, employment and GDP of the Alpine Republic is above the average of the countries in the eurozone.

Index of Globalization: Austria at the top

Austria has been awarded an impressive fourth place in the current Index of Globalization announced by KOF, the Swiss Economic Institute at the ETH (Swiss Federal Institute of Technology) Zurich, making it one of the most strongly globalized countries in the world.

 

In addition, due to its central location, Austria is number one when it comes to establishing business relationships with Eastern and South Eastern Europe.

Read more about the advantages for companies through Austria's central location in the EU.

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Investments in research and innovation are the basis of success for our company. The business location of Austria offers us an attractive environment of development funding, non-university research facilities and access to optimally trained engineers and university progrlammes“, states Markus Staeblein, Managing Director of NXP Austria GmbH.

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news from the business location Austria

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Chris Messina (Product developer for Google & Uber and the inventor of the hashtag) on the culture of failure, Silicon Valley and why "that's how it has always been done" might be a dangerous mindset. Interview by Marianna Bonechi (ABA Consultant San Francisco).

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.

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