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.
Where Your Profits Grow Sky High.

Chinese vehicle giant puts the Upper Austrian business location on the international fast track

Zhu Qixin, CEO FAW Jiefang and Federal Minister Markus Achleitner © Federal Province of Upper Austria / Denise Stinglmayr

The Chinese industrial group recently became a member of the Automotive Cluster and will open up its first European development centre in Steyr.

The parent company of FAW Jiefang in Asia ranks among the 125 biggest companies in the world and generated an export volume of about 3.5 million vehicles in the 2018 financial year. The lorry division of FAW Jiefang employs a staff of about 25,800 people and builds 336,000 heavy duty road vehicles every year. According to the company, annual revenue amounts to about EUR 8 billion.

FAW Jiefang CEO Zhu Qixin was impressed with Upper Austria as a business location. "For FAW Jiefang, the ongoing further development of the company when it comes to innovation combined with a strong research and development ratio are the guarantee of success. FAW Jiefang selected Upper Austria as a business location because we found an innovative automotive centre here", CEO Zhu Qixin says.

Read the blog about Austria as an automotive stronghold: production, research and development - The quiet automobile ®evolution "Made in Austria".


Read more:

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin



Meet us at events, seminars and trade shows - worldwide.

  • BIOMEDevice Boston 2020

    16. - 17.09.2020, Boston, USA

  • Festival of Enterprise London Event

    21. / 22.10.2020, London, UK

Austria Map

Find the perfect location for your company

A country like Austria considered to be an especially good terrain for upscale industrial segments, and with a particular emphasis on research and environmental friendliness, represents a major opportunity for SIAD. Our corporate goal is namely to assist the customer and provide support in improving the productivity and the environmental compatibility of its work processes.


More testimonials

news from the business location Austria

Top Score for Lockdown – Austria convinces in current Deloitte entrepreneur survey with well thought out Covid-19 measures

Austria convinces in current Deloitte survey and gets top score for well thought out Covid-19 measures.

Concerning Facebook and LinkedIn: Austrian companies in the social media jungle

A growing number of companies are relying on social media to inform customers, open up new target groups and identify suitable employees. Firms are increasingly investing in Facebook and other social media as each year passes, However, at the same time the continuous further development and establishment of networks are also leading to uncertainties about the right way of handling these platforms.

More news All blog posts