Newsletter registration

Austria.
Dynamic Business Location.

Large-Scale Investment of Baxter/Baxalta in Austria

The American pharmaceutical and biotechology giant Baxter is investing EUR 138 million in Krems, Austria under its new name of Baxalta. The production facility in Krems will be expanded and modernized, creating 100 new jobs.   

The American pharmaceutical group Baxter is divided as of now into new separate publicly listed companies, one for its medical products and the other for its bioscience operations. The biotech division will be called Baxalta effective immediately. The Austrian plants in Krems and Orth/Donau both fully belong to the new biotech company Baxalta.  

The project which was announced calls for a blood clotting drug to be produced in Krems starting in 2018. “Over the past years we have had good experience with our production plant in Krems. Not only do we find very well trained employees here, but above all the possibility to partner with IMC University of Applied Sciences Krems and other specific facilities provides many advantages. For this reason, last year we reached an agreement to cooperate with IMC on research projects”, says Michael Heinrich of Baxalta, justifying the decision.  

 

Share on Facebook Share on Facebook Share on Twitter Share on Twitter

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • Meet us at: Family Business Network IFR

    07.03.2018, Katowice, Poland

  • Consultation Day for Slovak Companies

    13.03.2018, Bratislava, Slovakia

Austria Map

Find the perfect location for your company

Austria offers the comfort and infrastracture of a western industrial nation. The high quality of life is an advantage when it comes to attracting top executives from around the world to our headquarters here.

Coca-Cola Austria

Logo
More testimonials

news from the business location Austria

Jaguar E-Pace rolls off the assembly lines in Austria

The new Jaguar SUV named E-Pace is being manufactured by Magna in Graz, the second vehicle of the British producer to be assembled in Austria.

Carnival in Austria

Witches, demons and other spooky creatures populate the streets of Austria up until Ash Wednesday. However, nobody has to be afraid. This period of year is mainly colorful, funny and sometimes a bit crazy.

More news All blog posts