The Automotive Industry and its Component Suppliers – Driving Austria’s Economy

14. October 2009

The Austria Automotive Industry and its Component Suppliers are one of Austria’s Top Industries.

Even though the global industries have and are still facing major challenges the Austrian companies managed to continuously strengthen their position on the global market through innovative product ideas, engineering expertise and the fulfillment of the highest quality standards. To counter the global trend towards shifting production to low cost regions, the industry moreover increased their flexibility regarding working hours and they became more cost efficient.
Austrian companies are well aware of the fact that particularly in the automotive and component supply industry, innovation, environmental protection and safety are the most important factors for increasing quality and competitive strengths. For this reasons highly qualified employees are among the industry’s main concerns.
In particular Austrians’ companies succeed by offering a broad range of specialized and target-group-oriented services.