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Austria.
Where Your Profits Grow Sky High.

Austria Continues Its Successful Path as a Business Location

Federal Minister Schramböck and ABA Managing Director René Siegl © BMDW/Hartberger

The number of foreign companies setting up business operations in Austria rose three percent to a new all-time level of 355 companies in 2018, outperforming the previous record of 344 companies set in the year 2017. They were provided with professional assistance by ABA in cooperation with the regional investment promotion agencies. Total investment volume generated by the new business location projects was up 1.5 percent to EUR 734.48 million (2017: EUR 722.75 million). The number of newly created jobs in 2018 increased to 2,888, up eight percent from the previous year (2017: 2,672 new jobs). 

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Located in the heart of Europe, Austria offers an optimal base for our internationally orientated business. The great funding options as well as the support of institutions such as ABA – Invest in Austria and the Vienna Business Agency have turned out to be real USPs for the business location Austria. More and more skilled workers are drawn to Austria, because of it’s high living standard. This has helped us tremendously finding highly qualified employees for our company. We feel right at home within the steadily growing international ecosystem and easily built a network with local parties. One can feel the spirit and the will to grow into a bigger startup hub like Germany or Sweden. We hope, that by sharing our positive experiences, we can help attract more global talent to come to Austria.

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