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News from the business location Austria

Pfizer builds international quality control centre in Austria

A total of EUR 50 million is being invested in the construction of a new laboratory for an international quality control centre for vaccines, as well as the construction of modern office space and the modernisation and expansion of the existing infrastructure for vaccine production.

Fight against cancer: New biosensor of the University of Innsbruck

Kinases are enzymes which enable chemical processes in cells.

Easy Softwareprofits from the Austrian digitalisation market

The German IT company Easy Software sees considerable potential in Austria and plans further investments at its sites and specialised employees.

Startup Kibox makes storage easy

Solving the problem of full attics, storerooms or cellars is the focal point of the new startup Kibox, which began operating in Vienna and Lower Austria.

Electricity: Austria in the top ranks for supply reliability

A company deciding in favour of Austria as a business location can expect stable framework conditions.

Great Wall Motors develops electric drives for China

The Chinese automobile manufacturer Great Wall Motors (GWM) opened a research and development centre in Austria in 2017 involving investments of EUR 20 million.

Expats

What do you have to keep in mind when employees are sent abroad on behalf of their employers? Here are a few points which should not be missing on your checklist:

Austria’s Investment Promotion Agency is the Best in Europe

ABA - Invest in Austria honoured by the Annual Investment Meeting in Dubai.

Medical University of Vienna: New methods train heart muscles with microcurrent

In Europe, there are currently around 20 million people (2-3% of the adult population) who suffer from systolic heart failure.

EY study: Two Austrian companies among the top global 500 in terms of research expenditures

Large corporate groups are increasing their budgets for innovations in order to differentiate themselves from the competition and press ahead with digitalisation.

BMW: EUR 28 million in investments for its Salzburg site

The BMW Group is investing more than EUR 28 million to expand its facility in Salzburg.

Plastics machinery producer SML opened its new corporate headquarters

The plastics machinery manufacturer SML opened its newly constructed corporate headquarters in Upper Austria for the development and production of extrusion plants built across the globe for the plastics processing industry.

Record number of startups in Austria

The domestic startup scene is growing. On average, 133 new companies were founded each day in the first half of 2019, according to the Austrian Federal Economic Chamber.

Investment for Innsbruck-based AI startup Swarm Analytics

The Innsbruck-based startup Swarm Analytics specialising in mobility monitoring for smart city systems has attracted a six-digit euro investment from the Tyrolean company builder MAD, which has been on board since the founding of Swarm Analytics.

Three Austrian universities among the top 15 in the Shanghai ranking

Three Austrian universities are included in the top 15 of the Shanghai Global Ranking of Academic Subjects i.e. the University of Vienna, Montan University Leoben and the University of Veterinary Medicine in Vienna.

Austria with a new supercomputer VSC-4

Several universities have come together in a joint project to construct Austria’s largest and most powerful computer. The supercomputer VSC-4 is ranked 82nd in the list of the world’s top 500 computers.

“Our electric drives are being developed in Austria and produced in China”

Markus Schermann, General Manager of Great Wall Motor Austria R&D GmbH, talks with TrendingTopics about technology “Made in Austria” and the advantages of Austria as a business location for the Chinese company.

Siemens: New robot welding plant in Graz

Siemens Mobility has put a new robot-controlled frame welding facility into operation in Graz.

IST Austria No. 2 among the world’s best research institutes

Nature Index ranks IST Austria in Klosterneuburg at the top of the world

Austria ranked second in railway investment

Austria is well on track and is investing strongly in its railway system.

Electricity charging case when a blackout takes place

When everything becomes dark in case of a natural catastrophe or a blackout, the new electricity charging case should provide relief.

"Plug and Play" sets up startup hub at Vienna Airport

The American innovation platform "Plug and Play" is establishing its own startup hub at the Airport City Vienna.

Bosch invests in the future

2018 was once again a successful year for Bosch in Austria.

Ottobock invests EUR 2 million in Vienna

The underlying basis of success of the globally recognised development work of the German life sciences company Ottobock being carried out in Vienna is the extremely pronounced medical research landscape offering fertile ground for interdisciplinary R&D projects.

Connected Mobility Hackathon: Motorcycle starts with one’s own voice

Find out the best place to park the fire-fighting vehicle when in action by means of an assistance system or pay at the petrol station without getting out of the car are several of the issues which came up at the 2nd Connected Mobility Hackathon held in the KTM Motohall in Upper Austria.

INiTS Demo Day: Incubees dominated by digitalisation

The 11th Demo Day of the university high-tech incubator INiTS showed the direction in which research, development and business is moving.

Vienna Airport: Globally unique high-speed charging station

The Viennese utility company Wien Energie and Vienna Airport have teamed up to put a globally unique rapid charging station into operation.

Music startup Legitary wins Midemlab competition

A spin-off of the Vienna University of Technology won this year’s Midemlab, the world’s most important competition for music startups, which served as the basis for companies such as Kickstarter and Soundcloud to become well-known.

University of Innsbruck: Cancer drug activated by slow electrons

Different molecules are being tested in the field of radiation therapy in order to improve the effect of the radiation on cancer cells.

Austria: 19th place in the current IMD competitive ranking

Austria is rated 19th out of 63 countries in the current IMD World Competitiveness Ranking.

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