- Innovation and digitalisation
- Research & development
Austria as an important player for Europe’s energy data space
A new EU initiative to create an efficient data space is designed to serve as the basis for the European energy market of the future. The large-scale European project called EDDIE represents a collaboration of several EU member states and is coordinated by the Austrian Institute of Technology (AIT).
EDDIE represents an important step in the EU’s efforts to enhance the integration of sustainable energy sources and improve the overall efficiency of the European energy market.
For this purpose, energy companies, research organisations and political decision makers should be given easier access to energy data and their analysis by the creation of a unified data exchange platform. This uniform European interface will be accessible for everyone in the future, from service providers to the final customers. In turn, this will promote competition, quality and functionality of energy data-based services in Europe.
Austrian and other European project partners are on board. The project has a duration of three years and features a budget of € 10 million, of which € 8 million is funded by the European Commission via the Horizon Europe framework programme. Austrian partners are participating with more than € 4 million.
- Learn more about the Green Tech/Clean Tech in Austria
Austria as a top location for international headquarters12. January 2024
Austria continues to be an attractive business location for international company headquarters – both for well-known firms such as Boehringer Ingelheim, Henkel, Takeda and the BMW Group as well as for young and aspiring companies operating globally. The country maintains its position as a business interface and ideal starting point for subsidiaries in Eastern and Western European countries, the USA and Asia.
Why set up headquarters in Austria?12. January 2024
There are countless reasons that speak in favour of Austria as a location for your international headquarters! Here we present a small selection: the central location, the lucrative market, stability and security, top-notch infrastructure, tax incentives with unbureaucratic processing, the highest quality of life and affordable prices.
Volkswagen relies on Magna Steyr in Graz12. January 2024
The Volkswagen Group is leveraging the know-how and experience of the Styrian automobile manu-facturer Magna Steyr. For this reason, it has assigned the company the task of developing two models for its new American electric-powered car brand Scout. Featuring a contract volume of € 450 million, this represents the largest single development order ever handled by Magna Stey.