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Vienna as a Business Location - The City at a Glance

Published: January 27, 2015; 20:15 · (Vindobona)

Vienna combines tradition, culture and quality of life with the factors of a top business location in a unique way. A stable political and economic environment, a research and technology-friendly climate, geographical and cultural proximity to the growth markets in the east and, not least, the highest quality of life in the world provide for a place at the very top of the world’s rankings.

Vienna as a Business Location - The City at a Glance / Picture: © Wikimedia Commons / Thomas Wolf, www.foto-tw.de [CC BY-SA 3.0 de (https://creativecommons.org/licenses/by-sa/3.0/de/deed.en)]
  • 1.8 million residents
  • Economic centre in the heart of Europe with around 500 million people
  • Average economic growth (2004–2014): 1.4 % (Euro zone: 0.7 %)
  • Location of the headquarters of approximately 200 international companies
  • More than 8,000 business start-ups per year
  • High productivity when compared internationally
  • Highest quality of life worldwide
  • Highly qualified and well trained workforce
  • Favourable tax rates for businesses and investors
  • 1,500 research institutes, 40,400 employees in R&D
  • The largest German-speaking university location with 187,000 students
  • 17.5% of Viennese enterprises are active in the creative industries
  • Modern and efficient infrastructure
  • Seat of many international organisations
  • Attractive office location in Central Europe
  • One of the world's most popular convention cities