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9,500 Multinational Companies in Austria

Published: November 23, 2012; 17:20 · (Vindobona)

Austria´s Minister of Social Affairs Rudolf Hundstorfer stresses the importance of multinational companies.

9,500 Multinational Companies in Austria / Picture: © Wikipedia / Seeteufel

At the moment, about 500,000 Austrians are employed by the 9,500 local subsidiaries and headquarters of multinational companies. According to the Austrian Chamber of Commerce, these companies generate about a quarter of the Austrian GDP.

As a rule, multinational companies are good employers, Hundstorfer says. However, these companies tend to be very flexible regarding their…

This article includes a total of 118 words.

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