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News

Colorful wooden figures © ADVANTAGE AUSTRIA
2018.10.10

Overseas subsidiaries of Austrian companies now employ more than 1 million people

The number of businesses in Austria owned by foreign companies has risen slightly, while the number of international subsidiaries of Austrian firms has remained more or…

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2018.10.03

EuroSkills 2018: Team Austria wins 21 medals in Budapest

With an impressive 21 medals, the Austrian team reached second place at Europe's vocational skills competition in Budapest, Hungary - behind Russia and ahead of France,…

Money © ADVANTAGE AUSTRIA
2018.09.20

Austria is one of the richest EU countries

After Luxembourg and Ireland, Austria and the Netherlands are the next richest countries in the European Union (EU). Outside the EU only the Icelanders, Norwegians and the…

Log, motor saw © ADVANTAGE AUSTRIA
2018.09.18

Austria’s wood sector is still top of the tree

Wood and wood expertise that is ‘made in Austria’ has always been popular abroad, and Austria’s wood industry achieved an export trade surplus of EUR 4 billion in 2017.

Logo © bmvit
2018.09.13

INDustrial TECHnologies 2018 - Innovative industries for smart growth

Between 29 and 31 October 2018 Vienna will become a hotspot of industrial innovation for an international conference on nanotechnologies, advanced materials, biotechnology…

Vienna © WienTourismus/Christian Stemper
2018.09.05

The Economist Intelligence Unit ranks Vienna the world’s most liveable city

Vienna and Melbourne, Australia, have been fighting for the top spot in the Economist Intelligence Unit's ranking for years. This time, the Austrian capital took the crown.

Circles and lines © ADVANTAGE AUSTRIA
2018.08.28

Index of Globalization: Austria leads the field

Austria has secured fifth place in the ETH Zurich’s renowned KOF Index of Globalization, which examines and ranks 185 countries.

carpenter's workshop © Team 7
2018.08.23

Global demand for furniture from Austria

The Austrian furniture industry got off to an impressive start to Q1 of 2018, with an export surplus of 6.2% and a 5.9% increase in production.

Charts © ADVANTAGE AUSTRIA
2018.08.14

Austria achieved 12th place on Bloomberg’s 2018 Innovation Index

According to Bloomberg Austria’s innovation potential – an essential factor in assessing any business location – puts it in the international premier league.

Elisabeth Engelbrechtsmüller-Strauß (Chairwoman) and Herbert Mühlböck (CEO), Fronius International GmbH, at the award ceremony © Frank Helmrich
2018.08.09

2018 Export awards winners: Fronius International GmbH

The annual export prizes recognise the extraordinary achievements of Austrian companies on international markets. They have been awarded by the Austrian Federal Economic…

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