Newsletter registration

By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Dynamic Business Location.

Social security and stability for your company in Austria

Legal and political stability is a fundamental pre-requisite underlying the decision of a company to select a particular business location. Internationally operating companies can rely on a high level of political and social stability in Austria.

Political stability has a positive effect on the social well-being and security of people in Austria. The agreements reached in negotiations between employee representatives (Chambers of Labor and Austrian Trade Union Federation) and employer representatives (Austrian Federal Economic Chamber and Presidential Conference of the Austrian Chamber of Agriculture) have traditionally enabled a moderate labor cost policy to prevail.

Employer-Employee Relations

Managers across the globe give Austria very high grades. According to the World Competitiveness Yearbook 2018, Austria is rated ninth in international comparison when it comes to employer-employee relations.

Low Strike Rate

In addition to social security, the low strike rate and the high level of social peace which is internationally acclaimed also comprise a significant competitive advantage.

In an international comparison by the German Hans-Böckler Foundation, Austria once again proved to be an extremely stable business location. In the years 2008 to 2017, only two working days were lost per 1,000 employees and year due to strikes. Switzerland was the only country with an even better track record, losing one day less each year to strikes.

Secure Energy Supply

Climate change and natural catastrophes increasingly affect business location decisions. Austria has been largely spared the negative consequences of natural disasters, and does not even appear in the risk estimates prepared by prominent international insurers.

Ensuring a reliable and secure supply of electricity is an important goal of Austria’s energy policy. Austria is in the top ranks with respect to the reliability and security of its energy supply compared to other European countries.

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • Research and Found Your Company in Austria

    29.01.2020 / 16:30 - 18:00, Zurich, Switzerland

  • New Year's Reception

    29.01.2020 / 18:00, Zurich, Switzerland

Austria Map

Find the perfect location for your company

Austria stands out due to its long-term reliable and stable conditions. These features are particularly important for a research-based company such as Boehringer Ingelheim. Furthermore, Vienna is a city with a good research infrastructure and a high quality of life, and is thus also an interesting place for highly qualified employees from Austria and abroad.

Boehringer Ingelheim

Logo
More testimonials

news from the business location Austria

Russian startup Bobsla ventures into the Austrian market and is developing a “miniature snow drifter” for brave winter tourists

In addition to conventional skiing and snowboarding, tourists in the Ötztal Valley in Austria can also spend their time enjoying a further attraction. Bobsla is a vehicle which looks like a fusion of a snow plough and a go-cart. It is steered by its guests and operated on snow surfaces.

The new research allowance in Germany – in competition with the Austrian research tax credit?

Companies carrying out research and development in Austria have the possibility to apply for research funding, namely the so-called research tax credit. In an international comparison, the Austrian research tax credit is a recipe for success and is designed to showcase and enhance the attractiveness of Austria as a research location. The successive increase in the research tax credit from the original level of three percent in 2002 to 14 percent at present has made a massive contribution to this success.

More news All blog posts