Here you can see and modify the cookie settings of various tools used on and related subdomains.

Save settings
Advantage Austria Show navigation

Austrian companies boost service sector

30. August 2012

A massive 85% of the 26,172 business start-ups in Austria are operating in the promising service sector.  

According to the latest figures published by Statistics Austria , 26,172 new companies were founded in Austria in 2010. Measured against the total number of active companies on the market (405,675), this represents a start-up rate of 6.5%. In contrast to the previous year, the number of new companies founded was up by 0.3 percent points and 2.4 jobs were created on average per start-up.

Overall 85% of business start-ups in Austria were in the service sector: the majority of these were in “trade” (5,032), in “freelance/technical services” (4,447) and in “hospitality and catering” (3,352). 69.1% of the year’s start-ups were one-man businesses, 17% were public limited companies and the remaining 13.9% were non-incorporated firms and other business types. With 6,268 start-ups, the capital of Vienna had the lion’s share of new businesses formed.

Related links

Statistics Austria