The City of Vienna remains an attractive location for companies

The City of Vienna registered 237 business location projects of international companies in the year 2022, comprising a rise of 5% from the prior-year level. Above all, Austria’s capital city stands out for foreign companies thanks to its personal safety, a stable economic environment and well trained, skilled workers.

The outstanding results when it comes to international investments increases value creation and jobs. In 2022, the new company in Vienna generated about € 110 million in investments and created far more than 1,100 new jobs.

Vienna is increasingly attractive for Eastern European countries. Accordingly, companies from the Czech Republic (11 firms), Slovakia (10), Bulgaria (4), Hungary (10), Romania (3), Iran (7) and Ukraine (12) set up business operations in Vienna. Germany remained the top nation of origin for business location projects, followed by Switzerland (18), Italy (10) and the USA (16). Chinese companies also valued Vienna, with a total of eight companies investing in the city.

Read more about the excellent economic climate in Austria

Takeover of TU Wien spin-off Cubicure by Align Technology confirms Austria's research spirit and attractiveness as a high-tech location

11. April 2024

Cubicure is a true pioneer in the development of advanced 3D printing systems which also enable the manufacturing of medical devices. The two founders - Robert Gmeiner and Jürgen Stampfl – explain how the successful spin-off Cubicure emerged in March 2015 from a research idea at the Vienna University of Technology and why Austria was the perfect location for establishing the company.

Austria’s Medical Technology Sector on the Upswing

11. April 2024

In an era featuring rapid technological progress, the medical technology industry in Austria has proven to be a key factor underlying innovation, economic growth, and social progress. Austria is a key player in the field of medical technology, reflected in groundbreaking developments in 3D printing and the country’s strong focus on exports.

World-class Research at the Medical University of Vienna

11. April 2024

The Medical University of Vienna conducts research at a world-class level in fields such as precision oncology and bionic reconstruction. Construction of the Eric Kandel Institute – Center for Precision Medicine and top spots in global rankings underline the university’s role as a pioneer in life sciences research.