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Austria.
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News from the business location Austria

Vienna University of Technology celebrates third place in Grand Prix for autonomous driving

The “Scuderia Segfault,” the racing team for autonomous driving of the Vienna University of Technology, won third place in the Grand Prix race held in Philadelphia, USA.

CO₂: Raw material, not a pollutant

On the one hand, the greenhouse gas carbon dioxide (CO₂) is one of the most important gases because plants use it to build up biomass. On the other hand, it is considered to be the pollutant causing global warming.

Vienna rated the most liveable city in the world again

Vienna is rated the most liveable city in the world according to the latest index compiled by the British Economist Group.

Expansion of the Digitrans test center for automated driving on the test track in St. Valentin is progressing

The development of the test track for automated driving in Lower Austria has been underway since May 2021.

BMW launches e-moblity drive in Austria

Upper Austria could become a global centre for e-mobility.

Infineon conducts research into quantum computers

Infineon Austria has put a new test laboratory into operation which is designed to significantly accelerate quantum computer research.

EU Commission relies on Austrian battery tests

The startup AVILOO headquartered in Lower Austria became the first company to develop a diagnostic test for electric car batteries.

Collaboration of Proxygen and Merck

Proxygen, a Vienna-based leader in the discovery and development of molecular glue degraders, has entered into a strategic multi-year research collaboration and license agreement with Merck.

Hilscher sets up subsidiary in Austria

At the beginning of the year, the communications technology company Hilscher established a subsidiary in Linz, Upper Austria.

Environmentally friendly electricity supply for aircraft from Upper Austria

An aircraft also requires electricity even when it is standing on the ground, for example for flight preparation purposes, maintenance or during cleaning.

Quantum computer learns error-free calculations

For quantum computers to be useful in practice, errors must be detected and corrected.

New Swissport air cargo centre

Swissport headquartered in Zurich has inaugurated a new air cargo centre near Vienna Airport.

Waste heat from data centre to heat a hospital

The streaming of films could be used in the future to heat a hospital, namely Floridsdorf Hospital.

Next generation of artificial skin

The physicist Anna Maria Coclite of the Graz University of Technology developed an innovative, multisensory hybrid material which is very similar to human skin.

Communication with quantum cryptography

Europe should become more independent and resilient in its communications.

Viennese startup visualises floor plans using AI

The Viennese startup Zackplan has defined the objective of marketing real estate on the basis of virtual reality.

PHIOS expands to Austria

Since 2007, PHIOS has been supporting prominent companies in the implementation of particularly challenging and complex software solutions. The Liechtenstein-based company is now opening a facility in Vienna, designed to serve as the base for building up activities on the Austrian market and neighbouring countries in the CEE region.

Steel cable tests: tension guaranteed!

Steel cables for bridge construction have to withstand enormous forces for many years. Before a bridge is built, the steel cables and their anchorages have to be tested extensively, according to precise test specifications. One of the world’s most powerful cable testing facilities was put into operation at the Vienna University of Technology.

Beetle ForTech: Startup with a solution against the illegal wood trade

Illegal deforestation is a global problem. In particular, tropical tree species are illegally cut down and then sold in local shops as parquet flooring or exclusive furniture. The startup Beetle ForTech from Lower Austria has now developed a technology which enables the complete traceability of timber from the forest and along the value chain. In this way, the previously opaque supply chain becomes increasingly transparent, and the illegal timber trade can be detected and prevented.

Port of Vienna goes green

The Port of Vienna (Hafen Wien) will invest € 40 million by 2040 to achieve CO₂ neutrality. It is planned to further expand the use of climate-friendly energies, to transform the vehicle fleet to cut CO₂ emissions and to promote the increased shifting of traffic from roads to rails or waterways, amongst other measures. The share of renewable energies used by the Port of Vienna already equals 25%.

Volvo invests in a new national headquarters

The Swedish automobile manufacturer Volvo is building a new garage and car repair workshop complex in Lower Austria for lorries and buses. The facility is designed to serve as the company’s Austrian headquarters in the future.

Novartis invests € 300 million in Tyrol

The pharmaceutical company Novartis opened the world’s most modern production plant for biopharmaceuticals in Tyrol. Moreover, an existing plant was expanded. At the company’s site in Schaftenau in Tyrol, the pharmaceutical company covers the entire value chain for biopharmaceuticals. Novartis invests more in this facility than in any other location within the Group, explained Steffen Lang, Member of the Novartis Executive Committee.

SAP Innovation Award 2022 granted to a software for energy communities

Each year SAP honours innovative software solutions through its renowned SAP Innovation Award. This year’s winners from the energy sector not only include the major players such as Netze BW GmbH, Avangrid, Engie and Bbox, but also a consortium in the DACH region which is pressing ahead with the energy transition on the basis of energy communities. It consists of the Swiss software producer Exnaton, the German SAP integrator best practice consulting and the Austrian utility Energie Burgenland.

EREMA is growing thanks to a new R&D centre

The plastics recycling specialist EREMA is investing in a new R&D centre in Upper Austria. It will build two halls covering an area of 1,550 square metres as well as a new office building with 50 workplaces. The R&D centre will bundle the cross-departmental and cross-company testing machines and laboratory area for research and development into plastics recycling technologies as a means of further advancing the circular economy. Completion of the new R&D hub is scheduled for February 2023.

Investment-friendly Austrian women

Austrian women are the most willing to invest in all of Europe. According to the latest European-wide survey conducted by the research institute Sapio on behalf of the mobile bank N26, Austrian women invest an average of € 999 per month, putting them at the top of the European ranking.

Top-notch business location success for Vienna

In spite of the coronavirus crisis, a total of 221 foreign companies located operations in Vienna. This is the second-best business location track record in the recent past of Austria’s capital city. Investments totalled € 442 million, two-thirds higher than the comparable figure for 2020.

Three highly endowed ERC Advanced Grants

Photo from l. to r.: The theoretical physicist Hans Briegel, the biochemist Kathrin Thedieck and the experimental physicist Francesca Ferlaino from the University of Innsbruck each received multi-million ERC Advanced Grants.

New autonomy cluster

The multinational companies Ammann, Palfinger, Prinoth, Rosenbauer and TTControl are collaborating effective immediately within the context of the newly initiated Autonomous Operation Cluster (AOC). This cross-industry initiative aims to ensure the increased automation of construction machinery, cranes, fire-fighting equipment and snow groomers. The use of mobile machines and off-highway applications will become more intuitive and efficient in the future.

The solved platinum riddle

At the Vienna University of Technology, researchers succeeded in explaining how a chemical reaction takes place which, according to a traditional point of view, should not be possible at the observed temperatures.

Mini solar cells for nerve stimulation

An international research team has successfully developed a concept in which nerves are stimulated with light pulses. The technology enables completely new types of implants that can be used to stimulate nerve cells.

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