Business Location Austria

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Presentation transcript:

Business Location Austria Birgit Reiter-Braunwieser, ABA – Invest in Austria Vienna, 28.02.2017 Business Location Austria

You Know Austria Like This…

… or Like That…

… or Like That…

… but Best Like That

Welcome to the „real“ Austria!

Strong Economy in the Heart of Europe # 4 purchasing power in the EU GDP / capita: € 36,608 Highly developed industrial country Production sector: 27.9% of GDP Export-oriented economy Export quota: 53.4% of GDP High-tech location R&D quota: 3.07% of GDP (forecast 2016)

Startups Building on Old Strengths Austria – Country of Inventors Kaplan Turbine Basic oxygen steelmaking (LD) PH-stable penicillin (Kundl) First Porsche was produced in Gmünd (Carinthia) Birth-control pill

Startups Building on Old Strengths Austria – country of hidden champions Doka Doppelmayr Emco Pewag Plansee Remus

Austria – Startup Hotspot Competitive technologies & innovative business environment Access to talents: High educational level; multi-linguistic; diverse background Market access: Central European location Investment-friendly tax system – 12% tax credit for R&D expenses Differentiated funding system Incubators, accelerators, coworking spaces Access to Finance (early-stage investors, business angels, venture capital etc.) Reliable legal system, efficient public administration High personal security Central European location Easy market access (incl. 100 million in German speaking market) Huge market potential Vienna: top HQ conference city High stability and security, legal stability (secure energy supply, no interruptions) Great technologies and inovative business environment / productivity Very stable business location / legal stability / safe Many Japanese companies successfully operate in Austria: Bridgestone HQ, Horiba, Panasonic Electric Works, Sony, DIC, Sun Chemcial, Lutz Benda, Lexedis/Toyoda Gosei, Sanki Engineering Efficient public administration Excellent labour relations / no strikes Cost effective( high productivits Top logistics Also your investment is safe! 11

Interested? For further information please contact Birgit Reiter-Braunwieser Tel: +43 1 588 58 52 b.reiter- braunwieser@aba.gv.at www.investinaustria.at