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Vienna's Attractiveness as a Location for Business Continues to Grow

Published: April 30, 2018; 09:30 · (Vindobona)

For the sixth year in a row, Vienna recorded the highest number of companies settling in the city. After Vienna had already achieved a record figure in the previous year with 178 international new additions, this was again exceeded last year with 191 new companies, which is an increase of 13%. These business establishments together are responsible for investments totalling €537 million and 1,087 new jobs. There are 344 new foreign invested businesses throughout Austria. German companies remain the number one investors in Austria.

German companies remain the number one investors in Austria / Picture: © Wikimedia Commons / NuclearVacuum [CC BY-SA 3.0]

Vienna as a Location for Business

The number of companies included in the count varies from one authority to another, depending on the extent to which cooperations have also been included.

According to a report by the Vienna Business Agency, the number of international settlements in Vienna has risen by 73 percent since 2012.

The most…

This article includes a total of 538 words.

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