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Austria.
Dynamic Business Location.

Industry 4.0 know-how for France

© nxtControl

The control systems for the automation of heating, ventilation and air conditioning installations as well as for lighting and surveillance are used in computing centers, hotels, office buildings, shopping centers, lecture halls or production halls, to name a few.

Schneider Electric believes nxtControl optimally complements its competencies in the field of Industry 4.0. “The innovative IEC 61499 programming approach of nxtControl will allow us to address the future requirements of the Industrial IoT and Industry 4.0, and as such the software will be a key technology of our EcoStruxure architecture”, Schneider Electric says. Founded in 1836, the French company specializing in energy distribution and control technologies has 144,000 employees around the world, operates in 190 countries and generates annual revenue of EUR 25 billion.

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A country like Austria considered to be an especially good terrain for upscale industrial segments, and with a particular emphasis on research and environmental friendliness, represents a major opportunity for SIAD. Our corporate goal is namely to assist the customer and provide support in improving the productivity and the environmental compatibility of its work processes.

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news from the business location Austria

Austrian government creates investment premium for investors

The economic and financial consequences of the COVID-19 crisis pose major challenges to companies. In order to strengthen the Austrian business location, the Austrian Federal Government has resolved upon a new investment promotion program for companies with a total volume of EUR 3 billion, which will be further increased, if necessary.

Support measures for companies affected by COVID-19

To stimulate the economy, either new programs may be established as a result of the draft law or existing support programs (e.g. aws, ÖHT) will be expanded. All measures introduced are intended to be applicable immediately and will be in force until the end of 2020. The measures currently introduced include the following areas:

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