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Austria as an attractive investment location

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Austria registered a record year as an investment location in 2019, showing an increase of almost three-fourth, or 73% to be exact. A total of 69 projects were implemented, compared to 40 projects each in the years 2018 and 2017. In contrast, Austrian companies were more restrained in their foreign investment activity. The number of projects declined by close to one-fourth or 24%. These were the conclusions of the 18th "EY Attractiveness Survey". Gunther Reimoser, Country Managing Partner EY Austria, states: "The attractiveness of Austria as a business location increased considerably last year, and foreign direct investment reached a record level. The coronavirus crisis led to an abrupt halt. That is why it is even more important to renew the positive momentum from 2019 for the business location and quickly stimulate the economy. In any case, the underlying conditions for a new start are good. The business location is attracting a growing number of investments, the infection rate is currently very low, and Austria ranks among the trailblazers in successively reopening the economy. The challenge is to leverage these positive signs in order to generate positive impetus for the economy, create urgently needed jobs through investment projects and thus boost employment."

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Find the perfect location for your company

Located in the heart of Europe, Austria offers an optimal base for our internationally orientated business. The great funding options as well as the support of institutions such as ABA – Invest in Austria and the Vienna Business Agency have turned out to be real USPs for the business location Austria. More and more skilled workers are drawn to Austria, because of it’s high living standard. This has helped us tremendously finding highly qualified employees for our company. We feel right at home within the steadily growing international ecosystem and easily built a network with local parties. One can feel the spirit and the will to grow into a bigger startup hub like Germany or Sweden. We hope, that by sharing our positive experiences, we can help attract more global talent to come to Austria.


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news from the business location Austria

Online real estate specialist Propster obtains fresh capital

A digital “all-round programme” for implementing real estate projects is offered by the Viennese startup Propster established in 2017.

4 Reasons for Evaluating Austria as the First Step for Internationalisation of Your Startup

Just recently the latest edition of the Austrian Start Up Monitor was published. The report, once again, shows that Austria has a very dynamic founder scene. Just think of Prescreen, mySugar, Bitpanda or Bitmovin; Austria has spawned numerous, internationally well-known flagships within the startup community.

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