Newsletter registration

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.
Where Your Profits Grow Sky High.

Publicly listed companies invest more in R&D

male researcher at micorscope © MedUni Vienna

The 30 publicly listed companies in Austria with the highest R&D expenditures have continuously and substantially increased their investments in research and development over the last five years. The top 30 in Austria invested a total of EUR 690 million in 2013. This figure already climbed to EUR 1.217 billion in the year 2018, or close to double the previous amount. According to a study conducted by Ernst & Young (EY), R&D expenditures rose by seven percent in 2018. ams AG led the ranking of the companies with the highest level of spending in R&D. The globally operating technology company invested EUR 239 million in innovations in 2018, comprising a year-on-year increase of twelve percent. voestalpine was second with EUR 152 million in R&D investments (up eight percent from the prior year), followed by S&T with EUR 123 million, a rise of about seven percent from 2017.

"The IT sector invests 12.7 percent or roughly every eighth euro in research and development. The widespread transformation driven by digitalisation is mainly perceptible in the field of information technology as well as in the industrial sector. For this reason, companies have to push ahead with innovations in order to be able to survive on the marketplace", says Gunther Reimoser, Country Managing Partner EY 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.

  • Meet us @ CEE UNLIMITED

    15.10.2019, Budapest, Hungary

  • Meet us @ GoTech

    13. - 17.10.2019, Moscow, Russia

Austria Map

Find the perfect location for your company

One of Austria's key strengths as a business destination is its highly qualified and motivated skilled workforce for research and development, especially in the scientific sector.

Nestlé Austria

Logo
More testimonials

news from the business location Austria

Vienna University of Technology involved in developing a nuclear clock

A revolution is in the making. The nuclear clock is the measure of all things when it comes to precisely telling time. However, the technology has not fully matured, and nuclear clocks could potentially tick even more precisely.

How Austria Shapes Its Future with AI

Artificial intelligence (AI) is certainly the most powerful new technology available today. This is probably the reason why the underlying discussion is frequently driven by fear. Hollywood has also contributed to this. Half-human, half-machine mutants resembling Frankenstein and Terminator are the spectres unleased by AI. However, as is often the case, Hollywood’s fantasy has little to do with reality.

More news All blog posts