Austrian Companies Boost Service Sector

BusinessEconomy ♦ Published: August 23, 2012; 16:25 ♦ (Vindobona)

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

Austrian Companies Boost Service Sector / Picture: ©

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…

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