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March 6, 2021
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Human Resources

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Voestalpine: Short-time Work in 50 European Subsidiaries

The biggest economic challenge of the past decade represented by the coronavirus pandemic has hit the Austrian technology group Voestalpine hard. Short-time work in Austria and other European countries such as Germany, Belgium and France is unavoidable due to the slump in demand.

March 24, 2020
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Austrian Airlines - More Women in the Cockpit and Daily Flights to Tokyo

Become one of the few female pilots at Austrian Airlines. A total of 100 fully-trained pilots are currently being sought. As part of its expansion, Lufthansa's subsidiary intends to significantly increase the proportion of women pilots. The airline is also expanding its services to Tokyo, namely six weekly flights from March 2019 and daily flights during the 2019 summer timetable.

October 25, 2018
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Austria Climbs to Fifth Place in Entrepreneurial Rankings

The world's largest entrepreneurship study reports rises in business start-ups in Austria.

February 7, 2013

Austrians Show Lack in Financial Knowledge

Almost two-thirds of Austrians believe they have knowledge gaps. 54% think that what is taught at school about money is not enough.

September 20, 2012
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Polish Business Service Sector Booming

In 2011, 38 new business service centers were established in Poland. The number of employees doubled since 2009.

August 4, 2012

Staff Efficiency: CESEE Catches Up

Regarding staff efficience, Eastern Europe has reached almost the West European level.

July 21, 2012
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Stable Innovation Activity

57% of Austrian enterprises with 10 and more employees were innovation active. Innovation expenditure decreased, but the share of turnover of 1.7% remained constant.

July 5, 2012

Austria Simplifies Migration of Skilled Workers

A simplified migration procedure for skilled workers in shortage occupations has been in place since 16th June 2012.

July 3, 2012

Infineon to Invest € 250m in Austria

In 2012, Infineon Austria´s CEO Monika Kircher-Kohl wants to make investments of € 250m. The high tech company is already looking for new staff.

June 28, 2012
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“UK Faces Skills Tragedy"

The Austrian crane manufacturer Liebherr-Sunderland has urged UK engineering businesses to upskill to ensure they can compete effectively in high value international markets.

June 19, 2012

Austria´s Education Does not Keep up with Globalization

The Austrian economy suffers from a lack in skilled labor. Facing the rising competitiveness of emerging countries, this may become a major problem for Autria.

May 31, 2012
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Austrian SME as Innovation and Job Engine

SMEs account for 66 per cent of overall employment in Austria and have created 44,000 new jobs over the last four years. Bank Austria underlines the importance of innovation.

May 16, 2012

Innovativeness in Austria Drops

In the European comparison, Austria’s innovativeness is dropping and is presently located only in the upper mid-range.

February 2, 2011

WKÖ: EU patent to stimulate Austrian innovation

The Austrian Economic Chamber (WKÖ) welcomes the enhanced cooperation for the EU-wide patent and hopes to obtain benefits for the domestic economy.

December 16, 2010
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Globalization Study: Vienna Among Top 20 Cities

New York remains at the top of the ranking of the "Global City Index 2010" by A.T. Kearney. Vienna stays unchanged at 18th place.

November 30, 2010

Unexpected Rise in Research Expenditure

Against the general trend, Austria's economy is increasingly investing in research and know-how.

November 4, 2010
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Industry Representatives are Satisfied with New Skilled Workers Regulation

Industry sees the new based immigration model based on criteria as a viable compromise.

October 18, 2010

Deal of the Social Partners on Immigration and Social Dumping

Introduction of the "Red-White-Red Card" to combat abuse in the labor market

October 17, 2010

Migration barriers - Austria missing out on Human Capital

Due to existing migration barriers, Austria looses highly skilled workers who are hard to find, especially in the years of the boom in the domestic labour market.

June 23, 2010
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