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Austria.

Dynamic Business Location.

Automotive component supplier industry as a source of impetus

13.02.2019

Artificial intelligence and electromobility are the driving forces behind the automotive component supplier industry – one of the most important economic sectors in Austria.

Some 900 companies completely or partly operate in the Austrian component supplier industry and are partners of all major automobile manufacturers. Austrian automotive component suppliers include prominent firms such as Bosch, AVL List, BRP Rotax, Borbet and Magna. They generated a production value of EUR 24.4 billion in the year 2018. About 80,150 people were employed in the sector. Many Austrian component suppliers have become global leaders thanks to their innovative strength and high quality. The prevailing medium-sized structures facilitate short reaction times and innovations.

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Thanks to a fantastic mindset, our employees at the Villach site have built up a unique expertise which helps us to further strengthen our position on the global market. We fuse high-performance manufacturing with research and development in the field of power electronics. In addition to a very good cooperation with partners and networks, a well-developed landscape of 'talent factories' ranging from higher technical colleges to universities, we as a company also value the outstanding model of research promotion which exists in Austria.

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