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Austria.
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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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Austria stands out due to its long-term reliable and stable conditions. These features are particularly important for a research-based company such as Boehringer Ingelheim. Furthermore, Vienna is a city with a good research infrastructure and a high quality of life, and is thus also an interesting place for highly qualified employees from Austria and abroad.

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