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More Than 300 Business Location Projects in Austria for the First Time

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10. January 2017

Growing attractiveness of the business location: Investment promotion consultancy ABA – Invest in Austria generates record results in 2016, supporting 319 international firms in setting up business operations in Austria – Higher volume of investments and new jobs.

ABA – Invest in Austria, the national investment promotion company operating under the auspices of the Federal Ministry of Science, Research and Economy, presented record results for 2016. In cooperation with the regional investment promotion agencies, ABA provided professional assistance to 319 new international companies setting up business operations in Austria. This means ABA surpassed the threshold of 300 business location projects for the first time, and once again increased the number of companies by 7.4%. The total investment volume of these projects in Austria was up 42% to EUR 705.22 million (2015: EUR 496 million). The number of new jobs created as a consequence of these foreign investment projects increased slightly to 2,622 (2015: 2,613).

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