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A.T. Kearney: Austria improves in the investment ranking

Robert Kromoser © Curt Themessl/A.T.Kearney

The main reason was American tax reform legislation. This was the conclusion of the Foreign Direct Investment Confidence Index 2019 (FDICI) of the management consultancy A.T. Kearney. At the same time, Austria has become somewhat more attractive for foreign investors. The country improved from 24th to 21st place in the FDICI ranking. "Austria's leap forward is based on its more business-friendly tax environment. The tax system in the country is considered to be one of the ten best in the world and is far superior to nations such as the United States, Canada and Germany", states Robert Kromoser, Vice President, Europa, Middle East and Asia of A.T. Kearney. Austria is also in the front ranks when it comes to research and development (R&D). "Here Austria is even rated second behind Sweden and has developed a national strategy to further develop its R&D know-how. Such measures will likely contribute to attracting foreign direct investments, in light of the fact that investors place particular importance on the technological innovativeness of a country", Kromoser adds.

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