News from the business location Austria

Startup Report Austria 2018: An Overview of Key Findings

This week Florian Kandler presented his Startup Report Austria 2018. The results of the current issue of the annually published report are consistently positive. In a guest commentary for derBrutkasten Kandler selected several highlights of the report.

Futurebuilt opens subsidiary in Vienna

The consulting company Futurebuilt of Swiss-born Alexander Ramseier opened up a branch office in Vienna.

How to freeze heat conduction

A physical effect was discovered at the Vienna University of Technology which makes it possible to create electrically conductive materials with extremely low thermal conductivity.

GIN: Austria enters into a new startup partnership with Japan

Austria and Japan are cooperating in the field of startups and are more strongly linking the two ecosystems.

Viennese Fintech company cashpresso wins the E-Commerce Germany Award

The Vienna-based Fintech company has been named the best payment solution.

Muzzles from the 3D printer

Tailor-made muzzles are now available for people’s most faithful companions.

Super sports car Maguari HS1 GTC will be developed in Austria

The legendary automobile brand Hispano Suiza is coming again and will be officially introduced in the spring of 2019.

Graz University of Technology sets cryptography standards

Authenticated encryption of information is aimed at ensuring that messages cannot be read or changed during transmission, posing significant challenges to systems, not least due to the rapid development of the Internet of Things.

Austria is more than just waltzes

On February 27, 2019, 100 international CEOs had the opportunity to convince themselves in historical Schonbrunn Palace that Austria, the third most prosperous industrial country in the EU, has much more to offer than just Lipizanner horses, Mozart balls and mountains.

Reform of the Red-White-Red Card: These are the highlights

The Austrian Federal Government approved the previously announced reform of the Red-White-Red Card. This was confirmed at a meeting of the Council of Ministers after being approved by the Austrian Parliament.

Coworking boom in Austria

Hundreds of new coworking desks were set up in Austria in 2018, and 2019 is continuing the prior-year trend.

Medical University of Vienna: Genome-tissue conformity leads to longer preservation of a kidney transplant

The conformance of genetic characteristics is essential for the long-term function after kidney transplantation.

Andritz: New processing plant for Russian paper factory

The Styrian machinery and plant manufacturer Andritz AG will build a wood processing plant for existing paper machines in the Russian region of Nizhnij Novgorod.

"30 Under 30 Europe": Founders of "refurbed" were honored

German-Austrian solidarity: this year, for the fourth time, the business magazine Forbes selected the "30 Under 30 Europe” i.e. the most interesting and influential personalities in Europe under the age of 30.

weXelerate gives Startup Award to DAGOPT

weXelerate, the largest startup and innovation hub in Central and Eastern Europe, named the startup DAGOPT as the winner of the first ever weXelerate Startup Award.

Millions in investments for IT security: SGS and Graz University of Technology establish the Cybersecurity Campus

The linkage of the real world with the “cloud”, highly interconnected production facilities and IoT provides more comfort and enhanced productivity but also completely new threats.

Official opening of the Amazon distribution center in Großebersdorf

The first logistics facility of Amazon in Austria has now been officially opened with a speech given by Margarete Schramböck, Federal Minister of Digital and Economic Affairs.

0100 Conferences Vienna

3rd edition on March 14, 2019

InsurTech startup bsurance obtains EUR 4 million

The Austrian InsurTech startup bsurance has obtained a fresh injection of expansion capital.

Automotive component supplier industry as a source of impetus

Artificial intelligence and electromobility are the driving forces behind the automotive component supplier industry – one of the most important economic sectors in Austria.

Liquid Death: American startup sells water from Austria

The California-based startup “Liquid Death” recently began selling a can containing “Austrian mountain water” on the American market.

Vienna ranked 4th with respect to its appeal to startup talents

The international company for the talents is becoming tougher.

Austria Continues Its Successful Path as a Business Location

2018 brings new record results for ABA - 734 million Euro investment - strong increase of companies from UK and Switzerland.

Eight Austrian startups in NYC

Austrian Foreign Trade Promotion and the funding bank aws Austria Wirtschaftsservice support Austrian startups which already boast a matured concept and plan to enter the American market with a special program called “Pitching Days New York”.

The dog is like his master

Dogs also tend to show the trait of over-imitation.

Vienna University of Technology: the greenest electricity for little money

In the field of alternative energy, the market is frequently dominated by numerous small power generation plants instead of large providers.

Plans finalized for the Austrian Startup Package 2019

At the regular’s table of AustrianStartups in the middle of January, Margarete Schramböck, the Federal Minister for Digital and Economic Affairs presented specific features of the planned Startup Package of the Austrian federal government.

Findologic: Capital injection from BE Beteiligungen of Cologne

Findologic is considered to be one of the most successful providers of search solutions for online shops in German-speaking Europe.

Austria boasts second highest research spending in the EU

In 2017, Austria significantly increased its expenditures for research and development as a percentage of GDP, from 2.42 to 3.16 percent.

Medical University of Vienna: New therapy option doubles the life span of B-cell lymphoma patients

The so-called CAR-T cell therapy is a promising option for treating around one fifth of patients with diffuse large B-cell lymphoma.

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