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Austria.
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News from the business location Austria

Chatbot “Mona” as a central infopoint for companies

The new chatbot "Mona" on the Business Service Portal (Unternehmensserviceportal - USP) covers all relevant issues for companies relating to the coronavirus crisis and the economy.

Up to 500,000 protective masks "Made in Austria" per day

The number of people infected with the coronavirus across the globe is rising.

COVID-19: Austrian life sciences companies carry out intensive research

Austrian companies are conducting extensive research and development work related to the COVID-19 virus, from a quick test to active substances. Here you will find a small selection of important projects. LISAvienna has compiled additional information.

Protection through the deployment of drones

Consensium, a merger of the Lower Austrian company Smart Digital and Atos IT Solutions und Services GmbH, the Austrian subsidiary of Atos, is now supporting the fight against the coronavirus with automated processes, artificial intelligence, blockchain and unmanned aerial vehicles (UAV i.e. drones).

Hack the Crisis

At the hackathon Hack the Crisis, startups searched for solutions for problems caused by the coronavirus crisis. About 500 participants

Digital insurance manager CLARK is live in Austria

Customers can digitally manage their insurance policies per App or computer effective immediately, and also receive advice from insurance experts at the same time.

Infineon manufactures chips for ventilators mainly in Austria

The German chip manufacturer Infineon will supply 38 million chips for ventilators in the fight against the coronavirus.

“Corona: Short-Time Work“

Short-time work is possible for companies regardless of their size and the respective sector in which they operate (with the exception of federal and provincial governments, municipalities, legal persons under public law and political parties).

€ 38 Billion Economic Aid Package in Detail

On March 26, the Austrian Federal Government presented details of the previously announced aid package for the Austrian economy. Since March 27, 5 p.m. self-employed persons and small businesses can submit applications for up to € 6,000 in emergency aid. The Emergency Fund will grant loans which do not have to be entirely paid back.

The Port of Vienna Continues to Operate Despite the Coronavirus

In its role as the most important logistics centre, infrastructure and supply company for the City of Vienna, the Port of Vienna is continuing full operations despite the measures being implemented to contain the coronavirus.

Coronavirus: Government Commits € 23 Million to Fund Drug Research

The Austrian Federal Government is making € 23 million in funding available for drug research to fight the coronavirus. The financial support primarily targets projects designed to conduct research into the effectiveness of existing drugs as a means of combatting the coronavirus. The additional funding is designed to accelerate the required clinical studies.

€ 38 billion aid package for the Austrian economy

The Austrian Federal Government announced a € 38 billion aid package for the national economy. Federal Chancellor Sebastian Kurz and Vice Chancellor Werner Kogler emphasized the very foundation upon which many companies operate no longer exists. That is why the government will do “everything that is humanly possible” to prevent mass unemployment.

Legal and tax questions related to COVID-19: Government Aid for Companies

The current restrictions by the Austrian government for combating the COVID-19-pandemic lead to several complex legal and tax questions. Deloitte advisors respectively Jank Weiler Operenyi / Deloitte Legal advisors inform you about possible legal and tax implications and developments.

Europe’s most advanced BioLife Plasma Centre opens in Vienna

Europe’s most modern BioLife Plasma Centre opened in Europe.

Fresh funding for startups

Startups in the fields of FinTech, deep tech (university spin-offs), digital marketplaces, Industry 4.0, digital health and consumer tech can look forward to an injection of fresh funding.

Google prize for Tyrolean quantum physicist

The Tyrolean physicist Wolfgang Lechner has been granted a Google Faculty Research Award in the category Quantum Computing.

Mostly AI: USD 5 million investment for Viennese AI startup

The Viennese artificial intelligence startup Mostly AI specialising in synthetic data raised USD 5 million in its financing round thanks to the venture capital company Earlybird and the existing investors 42 CAP and Push Ventures.

Infineon expands chip production in Austria

The German chip manufacturer Infineon is massively expanding its capacities in Austria.

Amazon Web Services opens an office in Vienna

The cloud services provider Amazon Web Services (AWS) opened a branch office in Vienna in February.

Many-body quantum physics

Many of the biggest questions in physics can be answered with the help of quantum field theories: They are needed to describe the dynamics of many interacting particles. These theories are just as essential in solid state physics as they are in cosmology.

GoSiliconValley

Some 40 Austrian startups applied to take part in the GoSiliconValley initiative 2020/21 organised by the Austrian Federal Economic Chamber. 16 of these startups were selected by the American jury.

MED-EL Innovation would have enabled Beethoven to hear again

MED-EL Medical Electronics is the leading producer of hearing implant solutions. With the help of MED-EL innovations, Ludwig van Beethoven would be able to hear well today.

Presentation of hydrogen hybrid car from Austria

The first Austrian hydrogen fuel cell battery hybrid vehicle was recently presented in Graz. Together with partners such as the Graz University of Technology and Magna, the drive system developer AVL created a visionary hydrogen hybrid vehicle fusing the strengths of hydrogen and battery technology.

Solar Orbiter with Austrian technology

Austrian technology is protecting the recently launched space probe Solar Orbiter of the European Space Agency (ESA) from temperatures of up to 300 degrees Celsius.

ReloPilot supports international experts when relocating to Austria

ReloPilot, the company led by Petra Botekova and Nadine Wilden, is launching a new App on 17 February 2020 to help employees to relocate to other countries.

New spin-off for quantum optimisation

Across the globe companies are working on developing the first quantum computers to leverage their “quantum advantage” compared to conventional computers and find the first useful applications.

New Christian Doppler Laboratory for drug development

The new Christian Doppler Laboratory for Entropy Oriented Drug Design serves as the basis for researchers to take a new approach to designing bioactive compounds.

Call for goShenzhen 2020

Apply now before the deadline expires on 16 February 2020! The Global Incubator Network Austria (GIN) is searching for startups to participate in its next goAsia Acceleration Programme.

ABB invests in Austria

The Swiss industrial group ABB is currently making the largest organic investment in industrial automation in its history at the headquarters of B&R in Eggelsberg, Upper Austria.

Ares Genetics brings rapid coronavirus test to Europe

Ares Genetics GmbH, the Viennese subsidiary of the German Curetis Group, has joined forces with the Chinese genomics research company BGI Group to collaborate in making rapid molecular diagnostic testing for the new coronavirus 2019-nCoV available in Europe.

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