News from the business location Austria

Chemical bonding simulated with a quantum computer

An international research group has carried out the world’s first quantum-chemical simulation on an ion-trapped quantum computer.

An algorithm designed to make the music industry fairer

When music is electronically distributed, it is hardly possible to precisely check sales figures. This issue has occupied the music industry for years.

Collaboration of drones and robots

The Lakeside Science & Technology Park in Carinthia is expanding and making room for trend-setting research activities carried out by Joanneum Research and the university Alpen-Adria-Universität Klagenfurt and other companies.

Bombardier develops the "seeing" streetcar

Bombardier, the Canadian industrial group, operates its global competence center for streetcars in Vienna, and is now developing an innovation which is already being tested.

4th Place in the World Bank Logistics Performance Index

Austria boasts a world-class logistics performance.

Red Bull remains the most valuable brand

The beverage producer Red Bull continues to be Austria’s most valuable brand, ahead of the crystal jewelry company Swarovski and the gaming group Novomatic.

Business location development law strengthens Austria as a business location

The Austrian Council of Ministers has announced that it wants to accelerate approval of important infrastructure projects based on the passage of a business location development law.

Conference in Vienna on the future of vocational education

Some 300 European vocational experts discussed the further development of vocational education on a European level at the “Future of Vocational Education in Europe”, a specialized conference held in Vienna within the context of Austria’s EU Presidency in 2018.

Parkbob expands to New York

The startup Parkbob is continuing its expansion. At the beginning of the year, the service gained a foothold in 40 additional cities.

Smartbow and Steed: Intelligent ear tags for cows, wearables for horses

The Upper Austrian startup Smartbow specializing in animal health was acquired by the publicly traded American company Zoetis, market leader in animal health products.

New Major Airbus Contract for FACC

The aircraft manufacturer Airbus has been placing its trust in the innovations and services of FACC for several years.

Austria among the top five business locations in Europe

“Austria was given an outstanding fifth-place rating in the European ranking of business locations with the best growth prospects, on par with Finland”, says Gunther Reimoser, Country Managing Partner of EY Austria.

Inocon wants to free hospitals from germs

Blood-repelling bandages, wrinkled glass, self-cleaning toilers: in all these cases the Austrian company Inocon astonishes the world with new material coatings.

Austria is a magnet for highly qualified employees

Austria is becoming increasingly popular among talented and well-educated employees and is one of the most coveted working locations across the globe.

Pfizer invests EUR 54 million in Austrian-based research

In its clinical research activities, Pfizer is particularly relying on the strong level of expertise in Austria.

IFC Opens New Regional Office in Vienna to Expand Operations in Europe and Central Asia

IFC, a member of the World Bank Group, opened today a new regional office in Vienna, the capital of Austria, to leverage private sector solutions to key development challenges in the Europe and Central Asia (ECA) region.

Start-up opens plant for satellite propulsion in Wiener Neustadt

The space tech start-up Enpulsion opened the world’s first plant for series production of electrical (nano-) satellite thrusters in Wiener Neustadt.

Prominent Lukoil tax conference in Vienna

In cooperation with KPMG, Lukoil extended invitations to attend the international tax conference of the corporate group held in Vienna in June 2018.

Siemens invested EUR 4.5 million in a railway bogie plant in Graz

Siemens is modernizing its global competence center for railway bogies in Graz.

Viennese start-up Waytation delivered tracking technology for CEBIT

The Viennese start-up Waytation has already won several large customers thank to its development of a visitor tracking technology for trade fairs.

BMW has its Roadster Z4 built by Magna in Graz

BMW is once again strengthening its cooperation with the Graz site of Magna Steyr, the Austrian subsidiary of the Canadian component supplier.

American companies give good marks to Austria as a business location

In the Business Barometer of the US Chamber of Commerce, Austria has been given the best grades since the survey was launched.

Three investment decisions strengthen Business Location Austria

Interxion, Octopharma and Trumpf invest a total of EUR 150 million – Thanks to support provided by ABA

Podnikání v Rakousku

New ABA brochure , especially for investors from the Czech Republic

Vállalkozzunk Ausztriában!

New ABA brochure especially for Hungarian investors

Peter Zoller receives the first Norman F. Ramsey Prize

The Tyrolean quantum physicist Peter Zoller received the Norman F. Ramsey Prize in Fort Lauderdale, Florida at the end of May.

Go-ahead for mechatronics alliance in Linz

18 mechatronics initiatives from ten European countries are joining forces to press ahead with key technologies in the field of artificial intelligence, autonomous driving, 3D printing and the Internet of Things.

Researchers in Innsbruck calculate opponents in the finals of the World Cup

This year the favorites to win the 2018 FIFA World Cup in soccer are Brazil and Germany.

Business Location Austria on the fast track

Austria rose in one leap from a 25th place to an 18th place ranking.

Bosch’s business is booming in Austria

Business of the Austrian subsidiary of the German technology group Bosch is going so well that an additional 95 developers will be hired in the course of the year.

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