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9,500 Multinational Companies in Austria
Politics ♦
Published: November 23, 2012; 17:20 ♦ (Vindobona)

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

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…
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