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April 1, 2023
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New Funding for Economic Transformation in Austria

The Ministry of Labor and Economic Affairs (BMAW) has announced a new funding track under the Climate and Transformation Offensive. The Austrian Research Promotion Agency (FFG) supports the Austrian economy in the transformation and the BMAW provides €300 million for research funding until 2026.

March 1, 2023
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30 Years of EU Single Market: Austria’s Advantages are Apparent

30 Years of the EU Single Market have had a positive influence on Austria’s economy. This is shown by the reports of the Ministry of Labor and Economy and the Austrian Economic Chamber (WKO).

February 18, 2023
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Ministers of German Speaking Countries in Vienna

The economic ministers of the German-speaking countries, namely from Germany, Switzerland, Austria, and Liechtenstein met in Vienna to discuss several economic measures from the past and for the future.

February 13, 2023

Austria Wants to Accelerate the Integration of Displaced Persons into the Labor Market

The Austrian Public Employment Service (AMS) and the Austrian Integration Fund (ÖIF/AIF) want to accelerate the integration of Ukrainians into the labor market. A letter will be sent to displaced persons encouraging them to contact ÖIF and AMS in order to find employment.

February 12, 2023
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Weekly Briefing: News From Austria's Diplomacy

The Find out more about this week's developments. Austria is making an effort to combat the climate crisis. Austria's foreign policy awards prizes in the arts, culture and science. Read about the latest developments in diplomacy in Vienna and Austria.

November 17, 2022

Austria Awards State Prize for Innovation

The State Prize Innovation 2022 from the Austrian Ministry of Labor and Economy goes to the Lower Austrian company DSM Austria GmbH. With their innovation, they make an important contribution to the safe and healthy nutrition of animals and humans.

November 16, 2022

Austria Signs Participation Agreement for EXPO 2025 in Osaka

Austria recently signed the official participation contract for the World Expo 2025 in Osaka, Japan. Expo 2025 is expected to attract more than 28 million visitors from all over the world and provides the ideal stage for Austria to showcase its progress and developments.

October 31, 2022

Promising Austrian Start Ups Receive Important European Innovation Funding

The European Innovation Council (EIC) Accelerator programme is designed to help Europe's most promising innovators achieve an international market breakthrough. Four Austrian companies are also among the 75 start-ups that have received funding.

October 19, 2022

How International Direct Investment and Skilled Workers Influence the Austrian Economy

A new study deals with the question of the extent to which foreign companies and workers influence Austria's value creation. The results show a clear outcome. Read on if you want to learn more!

September 28, 2022
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Number of Holiday Trips Back to Pre-Crisis Levels

To mark World Tourism Day, today we turn our attention to tourism in Austria. After the summer, the travel activity of the Austrian population was evaluated. The pleasing result: the Austrian population is travelling more again and is back at pre-crisis levels. Among others, this pleases the airport, which recorded an increase in passenger volume.

September 27, 2022

Greece and Austria Plan Closer Cooperation in Tourism

During a meeting between Vassilis Kikilias, Greece's Tourism Minister, and Susanne Kraus-Winkler, Austria's State Secretary for Tourism, the two countries agreed to strengthen cooperation in tourism affairs.

September 13, 2022

New Framework Agreement Between Ukraine and Austria to Facilitate Economic and Humanitarian Assistance

A new framework agreement between Ukraine and Austria is to promote a strengthening of economic cooperation as well as the expansion of humanitarian aid on the ground. For this purpose, the Austrian Minister of Labour, Martin Kocher, and the Caritas Secretary General, Andreas Knapp, travelled to Ukraine.

September 8, 2022

Austria has the Highest Share of Female Startups in the EU

The Federal Ministry of Labor and Economy (BMAW) had surveyed the financing situation of female startups for Austria and Europe and discussed it at a startup breakfast together with representatives of the startup community at the BMAW. At 36 percent, Austria currently has the highest proportion of female startups in the EU.

July 20, 2022
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