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Austria.
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News from the business location Austria

Online real estate specialist Propster obtains fresh capital

A digital “all-round programme” for implementing real estate projects is offered by the Viennese startup Propster established in 2017.

Bluecode expands its partner network

Bluecode is a mobile payment solution linking touchless payments per smart phone with digital value-added services.

Emmy award-winning video solutions

From Austria into the entire world: Bitmovin, established in 2012, is globally successful thanks to its video development solutions.

Simple access to Bitcoin & Co

The objective of Bitpanda is to structure the purchase and trading of cryptocurrencies in such a manner as to make it easy and secure for everyone.

Billion-euro valuation for tutor lessons via Webcam

Company founders from Vienna achieved a coup worth billions of euros on the basis of offering online tutoring via Webcam.

Every fourth startup working on COVID-19 solutions

More than 2,600 startups have been established in Austria since 2009, half in Vienna.

Codecool starts in Austria

Codecool was founded in 2015 by four tech entrepreneurs in Miskolc and has now risen to become one of the fastest growing programming schools in Europe.

Rohlik became a unicorn

The company has been active in Austria since December 2020 under the brand name gurkerl.at.

ABA is a one-stop-shop for companies

Interview with René Tritscher, who succeeded the longstanding managing director René Siegl as the new Managing Director of the Austrian business location consultancy Austrian Business Agency (ABA) effective 1 July 2021. Since the end of 2019, René Tritscher headed the ABA department WORK in AUSTRIA to support the search for skilled workers abroad. He previously served as Secretary General of the Austrian Wirtschaftsbund.

Low Earth Orbit Mission

On June 24, the W-Cube satellite was launched aboard a Falcon 9 rocket from Cape Canaveral into polar orbit.

New foot for the bearded vulture “Mia”

The Medical University of Vienna (MedUni Vienna) was the first in the world to succeed in using the technique known as osseointegration (direct skeletal attachment) for the first time, also with a bearded vulture.

Boehringer Ingelheim: Competence centre for poultry vaccines in Vienna

Boehringer Ingelheim is steadily developing new vaccines to prevent diseases and reduce the mortality of poultry.

Austria tops in wellbeing

The feeling of wellbeing on the part of the Austrian population has increased in spite of the coronavirus pandemic.

Fighting the pandemic with artificial intelligence

In searching for therapies against the coronavirus, the Graz-based bioinformatics company Innophore has specialised in digital drug development and the search for enzymes with the help of artificial intelligence.

Austria remains an extremely attractive location for foreign investors

In spite of the coronavirus pandemic, the number of foreign direct investments in Austria increased in the previous year.

"There’s just no room for nostalgia or clinging to the way things have been."

Chris Messina (Product developer for Google & Uber and the inventor of the hashtag) on the culture of failure, Silicon Valley and why "that's how it has always been done" might be a dangerous mindset. Interview by Marianna Bonechi (ABA Consultant San Francisco).

Austrians as finalists in the biggest programme searching for drugs against COVID-19

The “JEDI Billion Molecules against Covid19 GrandChallenge” of the European Union was launched shortly after the outbreak of the coronavirus pandemic.

Digital inclusion at Jamba

The education and careers of people with disabilities is the objective of the work carried out by Jamba Career for all.

International top ranking for Austrian universities

According to the University of Vienna and the University of Veterinary Medicine in Vienna (Vetmeduni Vienna) are among the top universities in the world according to the Shanghai Ranking, which compares more than 4,000 universities in 54 disciplines.

Koch Media Group expands its logistics capacities

The internationally operating entertainment software specialist Koch Media is investing € 15.5 million in a new, fully automated logistics hall in Tyrol.

SAN Group invests € 40 million in research centre

The SAN Group will build a development and research centre for veterinary vaccines and biotechnical plant protection in Lower Austria at a cost of € 40 million.

Initiative against the shortage of skilled workers

The search for qualified, skilled employees for the economy is a major issue in many countries.

SARS-CoV2 vaccination: Thrombosis can be prevented by prompt treatment

A rare syndrome has been observed in people following their vaccinations against Covid-19.

Record for startup investments in Austria

In spite of the coronavirus crisis, 2020 turned out to be a record year for startups with respect to investments.

Patent record for Austria

Austria was once again among the top nations with respect to patent applications, also in 2020, the year of the coronavirus. In the global ranking, Austria placed 11th in relation to its population, and maintained its 6th place ranking in the EU.

Sandoz invests € 150 million in its antibiotic production in Tyrol

The global pharmaceutical company Novartis and its generics division Sandoz will upgrade their production network for the manufacturing of antibiotics in Europe over the next three to five years.

Promising research alliance of the University of Veterinary Medicine Vienna

A research project of the University of Veterinary Medicine Vienna (Vetmeduni Vienna) whose goal is to develop new active pharmaceutical ingredients in the fight against cancer, is now being funded by the cooperation partner KHAN Technology Transfer Fund I GmbH & Co KG (KHAN-I) and its subsidiary wings4innovation GmbH (w4i).

Founders award announced

This year the Austrian Founders Award PHOENIX (PHÖNIX) will once again be offered this year.

Identify accessible areas with AI

The Austrian firm Tec-Innovation has developed an intelligent shoe designed to detect obstacles.

New location for precision medicine

Austria will get a state-of-the-art Institute for Precision Medicine.

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