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Austria.
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How Tourism is Promoted in Austria

The “Digitalization Strategy for Tourism” launched by the Austrian Federal Government and the Federal Economic Chamber supports the digital transformation, partnering with companies by offering relevant service, training and consulting services on their path into the digital future.

Austrian Tourism Bank (ÖHT)

Österreichische Hotel- und Tourismusbank Gesellschaft m.b.H. (ÖHT), the Austrian Tourism Bank, is a specialized financial institution focusing on the financing and promotion of investments in the field of tourism. In this way, it makes a significant contribution towards shaping the development of Austria’s tourism and leisure industry. In 2016, the bank provided financial assistance for a total investment volume of more than EUR 660 million. In addition to financing based on low-interest loans, ÖHT also offers pre-financing of export subsidies.

In addition to federal funds, the investment promotion measures also involve financing by the European Union, the ERP Fund and the European Investment Bank.

 

Please find more on Tourism in Austria here.

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Find the perfect location for your company

Austria stands out due to its long-term reliable and stable conditions. These features are particularly important for a research-based company such as Boehringer Ingelheim. Furthermore, Vienna is a city with a good research infrastructure and a high quality of life, and is thus also an interesting place for highly qualified employees from Austria and abroad.

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A smartphone keyboard for the blind

A special mobile phone keyboard developed by the Vienna University of Technology enables blind people to type in texts on their smartphones.

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.

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