- Location advantages
Rewe invests € 460 million in Austria
The German retail group Rewe plans to invest € 460 million in Austria in the year 2023. The capital injection is designed to modernise the branch network, save energy and focus on the issue of animal welfare.
More than 100 new buildings and renovations of shops are planned. Rewe is represented in Austria by the Billa, Billa Plus, Penny, Adeg and Bipa brand names as well as Rewe Austria Touristik, and employs a workforce of 45,000 people.
- Learn more about Austrias market potential
Attractive research and innovation location27. February 2024
ABA’s INVEST in AUSTRIA business area coordinated the handling of 1,354 inquiries on the part of international companies in 2023 and ended up overseeing 496 ongoing business location and expansion projects.
Novartis invests about € 500 million in its Austrian facilities27. February 2024
The investment strengthens the Tyrolean Kundl/Schaftenau campus as a leading biotech location in Europe and helps accelerate the continuous supply of biopharmaceuticals from Austria. The Schaftenau plant is scheduled to be fully operational in the summer of 2024, whereas the Kundl facility will be operational in the autumn of 2025, creating 350 new high-skilled jobs on campus.