Foreign Companies Provide Every 5th Job in Austria

Companies ♦ Published: October 8, 2022; 14:35 ♦ (Vindobona)

A new statistic examines the question of how many jobs in Austria depend on foreign companies and what share these companies have in the Austrian economy. Read on if you want to know more!

21% of employees in Austria are employed by foreign companies. / Picture: © Wikimedia Commons / Gugerell / CC0

How much do Austrian jobs depend on foreign companies? A new statistic investigates this question by examining how many companies were under foreign control in 2020 and how many jobs these companies generate.

Statistics Austria, which published these statistics, came to the conclusion that a total of 12,500 companies were under foreign control in 2020. This corresponds to around…