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President of Ukraine Presses for Faster Progess
President Yanukovych urges the parliament to adopt laws for a faster progress to the country’s European integration
September 5, 2013
Vienna among Top 10 of Internet Cities Worldwide
According to Mercer, Vienna is the town with the best quality of live. According to Co.Exist, Vienna is one of the leading Smart Cities worldwide. Now a survey by British enterprise UBM shows that Vienna is amongt the “Top 10 Internet Cities”.
August 28, 2013
Spindelegger: Fitness Program for Austria
Austrian economy supposed to be boosted by reforms of “Unternehmen Österreich 2025, and a rejection of new taxes.
July 10, 2013
Austria: How to Finance Future Innovations
„Austria’s Future Needs Innovation” was the title of a discussion organized by the Research Council, the Austrian Institute of Technology (AIT) and the Federation of Austrian Industries (IV).
April 9, 2013
New opportunities for Lithuanian and Turkish business
Lithuanian President Dalia Grybauskaitė together with Turkish leader Abdullah Gül opened the Lithuania-Turkey business forum.
April 4, 2013
Austria: Number Nine in Innovation Ranking
On the EU innovation ranking list Austria loses points and slips back on ninth place.
March 26, 2013
Vienna: One of the Most Innovative Cities
According to a ranking by the Australian agency 2thinknow, Vienna is the most innovative city in Europe and scored 3rd place in the cities worldwide, succeeding Boston and New York.
March 22, 2013
CESEE Region Still Has Enormous Growth Potential
“CEE growth drivers intact but innovation is needed to start convergence 2.0” Erste Group says.
February 20, 2013
World Economic Forum: Austrian Competitiveness Moves Up
In the World Economic Forum Competitiveness Ranking, Austria ranks 16th and could move up three places. The public debt quota, the tax quota and the investor protection are the main weaknesses of Austria.
September 5, 2012
Education: Vranitzky Shows Dissatisfaction with Austrian Government
The former Austrian Federal Chancellor Franz Vranitzky criticizes the Austrian government sharply. For him, the university sector is a “very bad example of inequality between the generations”.
August 29, 2012
Pioneers Festival 2012: Vienna is Hotspot for Innovative Companies
The place for more than 2,500 pioneers from all over the world as well as web, technology and mobile start-ups to network, present their innovations and exchange experiences.
August 29, 2012
Ametsreiter Calls for Activity
On the occasion of the Alpbach Forum 2012, Telekom Austria´s CEO Hannes Ametsreiter underlined the necessity of implementing reforms in Austria.
August 29, 2012
Austrian Enterprise Creation Slightly Up
2010: 26 172 start-ups, enterprise creation rate 6.5%; more than 19 000 new employer enterprises.
August 7, 2012
Aiginger: „Feeding Banks Makes No Sense“
The director of WIFO (Austrian Institute of Economic Research) thinks that Spanish banks must be able to become insolvent.
July 24, 2012
Staff Efficiency: CESEE Catches Up
Regarding staff efficience, Eastern Europe has reached almost the West European level.
July 21, 2012
Growing Pressure on Viennese Location for Headquarters
The Viennese Chamber of Commerce intensifies the dialogue with international headquarters. In autumn, the first headquarter congress will take place in Vienna.
July 21, 2012
"Wage Cuts in Southern Europe Inevitable"
Christian Keuschnigg, director of the Austrian Institute of Advanced Studies thinks that a fiscal union will not work. The recession in Southern Europe will go on.
July 21, 2012
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
IV: „Budget Consolidation Supports Economic Growth“
The Federation of Austrian Industries pushes for structural reforms in order to cut public expenses.
June 8, 2012
Austrian R&D Expenses Rise to € 8.61bn
In 2012, R&D expenses are expected rise by 4.0% in Austria. The bulk of R&D expenses is contributed by enterprises.
June 6, 2012
Launch of 21st Austria Initiative
The heads of renowned corporations intend to highlight Austria's economic expertise on the international stage with the "21st Austria" initiative.
June 5, 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
Austrian Business Location: Further Slump in Competitiveness
According to the Swiss Management Institute IMD, Austria only ranks 21th among 59 analyzed countries. The Austrian tax policy is the absolute weak point.
May 31, 2012
The Euro - A Big Error (Part 4)
The common currency did not create convergence, but widened the gap between Northern and Southern Eurozone member states.
May 31, 2012
Austrian Industry: „Growth Instead of Redistribution“
After the Austrian Chamber of Labor claimed he Federation of Austrian Industry underlines that Austria has the highest redistribution quota among OECD members.
May 30, 2012
Exposure in Eastern Europe Remains Austria´s Weak Point
The Commission of the European Union warned Austria of the big exposure of domestic banks in Eastern Europe. Moreover, the austerity package was criticized.
May 30, 2012
Austrian Proposal for EU Growth and Innovation Fund
In-depth discussion at the General Affairs Council on the multi-annual financial framework of the EU. Austria pushes for more economizations.
May 30, 2012
Vienna hosts the 19th World Congress on Intelligent Transport Systems
The 19th ITS World Congress will be held from 22 to 26 October 2012 in Vienna, under the header ITS Vienna 2012 – Smarter on the way.
May 29, 2012
Vienna Tops Worldwide Ranking of "Smart Cities"
The online magazine "Co.Exist" put's Austria's capital at the top of a list of "smart cities" ahead of Toronto, New York and Berlin.
May 29, 2012
"Europe Needs Economic Growth and Budget Discipline“
Structural reforms are necessary to make Europe sustainably more competitive, Christoph Leitl, President of Austria´s Chamber of Commerce (WKO) says.
May 26, 2012
Austrian Industrial Sector Pushes for Austerity
The Federation of Austrian Industries sees still a huge potential to reduce public expenses and underlines the importance of the industrial sector.
May 22, 2012
Austrian Innovations on the Rise in Export Markets
The patent statistics clearly show that Austrian companies and inventors are becoming ever more prominently positioned on the international markets.
May 18, 2012
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
Austria: Low Attractiveness as Research Location
According to a study among European scientists, Austria loses its reputation. The most attractive destination is the U.S.
February 27, 2012
Innovation Index: Austria Falls Behind
Austria again loses in competitiveness: among the EU member countries, Austria occupies the eighth rank.
February 7, 2012
Vienna Again Among Top 5 in Innovation Cities Global Ranking
Boston came first again in a field of 331 cities in the Innovation Cities Global Index. This year’s among top five cities apart from Boston were San Francisco, Paris, New York and Vienna. Prague was 43th, Budapest 47th.
October 19, 2011
Austria Ranks Third in EU Productivity Study
The report points out structural weaknesses and suggests more effective public spending in the fields of education, research and innovation.
October 14, 2011
Binder+Co Presents Promising Technology
The Austrian machine and plant manufacturer and a Chinese partner together developed a new method for production of lightweight materials.
October 13, 2011
Innovation Indicator 2011: Austria Has Improved Markedly
In a ranking of 26 industrialized countries, Austria has risen to the eighth place. The R&D ratio has climbed to 2.8% of GDP.
October 13, 2011
“We Need to Increase Support for SME”
Experts say the government’s efforts for increasing the research quota are half-hearted. € 600m per year would be necessary to achieve the target.
June 24, 2011
Patent Protection to Become Cheaper
In Europe patent protection is currently ten times more expensive than in the US or Japan. Austria will participate in an EU-wide cooperation which will reduce the cost significantly.
June 20, 2011
Austrian Research Intensity Expected to be 2.79% of GDP in 2011
According to an estimate of Statistics Austria, for the first time presumably more than €8 billion will be spent on research and experimental development (R&D) in 2011.
April 19, 2011
Austria's Businesses Satisfied with Government Research Initiative
The strategy of the Federal Government regarding RTI (Research, Technology and Innovation) is an important step for the location Austria, according to the opinion of the Economic Chamber.
March 9, 2011
Leitl Urges to Invest in the Future
Despite consolidation needs, the government has to invest more in education, research and innovation, says the President of the WKÖ.
February 4, 2011
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
Austrian SME as a Source of Innovation
Austria's small and medium enterprises are, according to the Small and Medium-Sized Business report, the main driver for innovations.
January 7, 2011
R&D: High Activities of Austrian Firms with Foreign Co-Investors
The OECD publishes its Science, Technology and Industry Outlook 2010 for Austria. 23% of R&D expenses are funded from abroad.
January 4, 2011
Leitl: Finland and Austria Have Much to Learn From Each Other
Finnish ex-Prime Minister Lipponen exposes economic success secrets of his country.
November 29, 2010
WIFO: Budget Consolidation in the EU is Not Sustainable
WIFO criticizes the consolidation programs of the individual EU countries for being easily enforceable, but containing hardly any sustainable measures.
November 29, 2010
Mechanical Engineering Returns to High of Growth
The sector experienced a decline of output capacity by 22% in 2009, revenue in the sector dropped 24% to € 14.7bn. In 2010, production will grow by 8%.
November 15, 2010
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