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

planqc: "Austria offers enormous advantages due to its excellent research landscape in quantum physics"

The German quantum computing startup planqc really took off in 2024, winning major contracts and investors. In this interview, CEO Alexander Glätzle reveals what he appreciates about the company’s new facility in Innsbruck and the key role that the well-developed infrastructure for research and development there plays in the company's success.

From research to practical application: Quantum technology in Austria

Research institutions and companies are driving the development of quantum technologies in Austria, thereby strengthening the country's leading role as a business location. Initiatives such as Quantum Austria, featuring € 107 million in investments to strengthen the quantum technology ecosystem, are making an important contribution to this.

Austria in the fast lane in quantum technology

From ambitious startups to extensive government funding programmes: Austria is a promising business location for innovative companies and investors in the field of quantum technology. This enables progress and sustainable growth, a fact which is also demonstrated by successful young companies such as ParityQC, qtlabs and planqc.