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Austria.
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4th Place in the World Bank Logistics Performance Index

chart Logistics Performance Index © World Bank Logistics Performance Index 2018

The latest World Bank Logistics Performance Index (LPI) ranks Austria as fourth in the world out of 160 countries. The LPI level is based on six key factors: customs clearance, infrastructure, service quality, the price of international shipments, track and track opportunities and the frequency with which goods reach their destination on time. The assessments are based on a scale between 1 and 5. Germany is rated first in the world, followed by Sweden and Belgium. Above all, Austria scores high as a logistics hub for Central, South East and Eastern Europe. 11,000 companies in the Austrian logistics sector employ a work force of 160,000 people. 

Read more: Logistics Performance Index 2018

 

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Vienna’s unique location at the heart of Europe makes it an important centre and very popular with the global pharmaceutical and biotechnology industry. Vienna is where Eastern Europe meets Western Europe. Businesses located at this international hub benefit from well-established infrastructures and highly-qualified professionals. The significant growth in the Life Sciences sector in Vienna over the last few years is an indicator of the momentum in the industry.

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