By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Dynamic Business Location.

PwC study: Five publicly-listed Austrian companies among the top 1,000 in R&D

plants growing out of coin stacks © pixabay

Their spending on innovation totaled EUR 782 billion, or 11.4 percent higher than in the year 2017. This was the conclusion of a study carried out by Strategy&, the strategy consulting arm of the auditing and consulting group PwC. Austria is represented in the ranking for the first time, namely with five companies. These companies include the sensor and chip producer ams, the steel group voestalpine, the IT service provider S&T, the toll specialist TrafficCom and the Andritz technology group. These companies combined to invest about EUR 700 million in research in 2018. The R&D intensity of ams at 20.1 percent is the highest in the entire German-speaking region of Europe. “This is a strong argument for the positive development of Austria as a business location”, says Harald Dutzler, Partner at Strategy& Austria.

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

Testimonials

Events

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

  • Investment Opportunities for Electronics Companies in Austria - Carinthia

    08.07.2020 / 2:30 pm IST, Online, Webinar

  • BIOMEDevice Boston 2020

    16. - 17.09.2020, Boston, USA

Austria Map

Find the perfect location for your company

The "mental closeness" of Austria to its neighbours is an important advantage for establishing new business contacts.

Ericsson Austria

Logo
More testimonials

news from the business location Austria

Austria registers more patents than ever before

Austrian companies and researchers registered 2.341 new patents at the European Patent Office (EPO) in 2019. Over the last five years the number of Austrian patent applications increased consistently.

Concerning Facebook and LinkedIn: Austrian companies in the social media jungle

A growing number of companies are relying on social media to inform customers, open up new target groups and identify suitable employees. Firms are increasingly investing in Facebook and other social media as each year passes, However, at the same time the continuous further development and establishment of networks are also leading to uncertainties about the right way of handling these platforms.

More news All blog posts