Vienna: Industrial Sector Shrinks

BusinessEconomy ♦ Published: July 18, 2013; 22:20 ♦ (Vindobona)

The Viennese industrial sector faces hard times. Not only the number of workers, but also the order intake is decreasing substantially.

Vienna: Industrial Sector Shrinks / Picture: ©

For the first time since 2010, Austrian industrial enterprises reduce the number of their workforce. Austria´s capital Vienna records the most severe decrease.

Since 2008, the number of workers who were employed by industrial enterprises was down by 14% in Vienna. In total, the 210 Viennese industrial enterprises only employ 37,300 workers. Compared to other Austrian federal…