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R & D

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

"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 Chamber of Economics Claims Growth Package

Christoph Leitl, President of the Austrian Chamber of Commerce thinks that Austria and Europe would both need growth and austerity measures.

May 25, 2012

Fekter: Hollande´s Suggestions are “Nonsense”

Vice-Chancellor Spindelegger and Finance Minister Fekter are strictly against the introduction of Eurobonds and any amendments of the Fiscal Treaty.

May 22, 2012

Sorger Underlines Austrian Crisis Management

The President of the Federation of Austrian Industries Veit Sorger reaffirms the necessity of austerity and investments of the private sector.

May 19, 2012

Lam Research Expands in Austria

The U.S. company opens a new research laboratory in Villach (Carinthia) and thus makes a clear commitment to its Austrian operations.

May 18, 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

Constant Rise in Austrian Research Spending

Austrian spending on research and development is set to increase by 4.2% in 2012 to reach € 8.6bn.

May 10, 2012

Leitl: „EU Needs Budget Consolidation and Growth Measures“

The President of the Austrian Chamber of Commerce claims to create a European fund in order to support small and medium-sized enterprises.

May 5, 2012

Austrian Research Intensity to Reach 2.80% in 2012

According to a forecast of Statistics Austria, € 8.6bn are expected to be spent on research and development (R&D).

April 25, 2012

Voestalpine Increases R&D Expenditure

voestalpine said it is increasing R&D expenditure to a record level of € 132m for the 2012-13 business year just begun.

April 11, 2012

Austria Must Underline its Headquarter Function

Austria as hub for CEE markets is still popular. Nevertheless, there is a lack in a sustainable and flexible strategy. The geographical proximity to CEE countries is insufficient.

April 2, 2012

Budget: Wifo Misses Future Investments

The Austrian Institute of Economic Research (Wifo) commented the government´s draft of the budget. There is still a lack in active fiscal policy, Wifo states.

March 26, 2012

French and Austrian Automobile Clusters to Cooperate Closer

A delegation of French automobile companies will be received in Graz in order to intensify technologic cooperation.

March 2, 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

Leitl Pushes for Reforms

The President of the Austrian Chamber of Commerce appreciates that actions worsening the Austrian business location conditions were prevented.

February 15, 2012

Austerity: Unions Versus Industrialists

The Austrian trade unions want to impose property taxes, the Federation of Austrian Industries seeks cuts in spending.

January 21, 2012

Government to Sharpen Austerity Measures

After the downgrade of Austrian sovereign bonds from „AAA“ to „AA+“ by S&P, the Austrian government aims to reach its austerity targets earlier.

January 17, 2012

Sorger Asks For Investments in Education and R&D

The President of the Federation of Austrian Industries (IV), Veit Sorger, calls for future investments.

January 3, 2012

Infineon to Invest in Austria

In spite of the weak economic forecasts, the German semiconductor producer wants to invest further in the Austrian business location.

December 12, 2011

BWT Wants to Become More Visible

The Austrian water technology company knows its main problem very well. Despite a solid business and a high degree of innovation, BWT is not very well-known.

November 1, 2011

R&D Expenses on the Rise

The largest Austrian Enterprises increased their budgets for research & development by 9.6% on average. This is slightly beyond the global average (9.3%).

October 24, 2011

Intercell Continues Development of Vaccines

The Austrian pharmaceutical company announces first data from its Phase I clinical trial with vaccine candidate to prevent Clostridium difficile infections.

October 24, 2011

29 Austrian Companies Ranked in "EU Industrial R&D Investment Scoreboard"

Benteler International, Voestalpine, Borealis, Intercell, Zumtobel are the first five Austrian firms in the “EU Industrial R&D Investment Scoreboard”. The ranking was prepared by the European Commission.

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

FDI Remains Essential for Austrian Business Location

According to a study of Statistics Austria, the number of foreign subsidiaries even grew in 2009 by 6%. The number of Austrian subsidiaries owned by foreign corporations grew slightly.

October 5, 2011

Intercell: EU Invests € 30m in Research Program

The Austrian pharmaceutical company will receive co-funding for a collaborative research project from the European Union.

September 29, 2011

Austrian Companies to Participate in Russian Research Center

The planned technology park will be home to up to 40,000 researchers. Twenty Austrian companies have expressed interest in participating in the project.

July 5, 2011

voestalpine Acquires Dutch Company’s Research Department

The Austrian steel company expands its portfolio in railway systems technology with the acquisition of Baas R&D. The transaction is expected to boost expertise in diagnostic systems for rail transport.

June 27, 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

Leitl: "Reforms, Despite the Positive economic Outlook Should Not Be Forgotten"

Spring forecast by the EU Commission: Clearly improved growth prospects for Austria and the European Union

May 14, 2011

Oracle Partners with Linz University

The U.S. software giant opens a research laboratory at the Johannes Kepler University in Linz.

May 10, 2011

Intercell starts a confirmatory clinical study using the Vaccine Enhancement

Intercell starts clinical trial in Pandemic Influenza with its Vaccine Enhancement Patch and provides update to the strategic collaboration with GSK on patches

May 4, 2011

Carinthia: Further Development of Lakeside Park Secured

The course for further expansion of the flagship project has been set; an area of 4.5 hectares has been secured.

April 30, 2011

Research Undertaken by Enterprises is Growing Again

An increase in research expenditure of 5% is expected for 2011. The expenditure should amount to € 8.3bn this year.

April 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 Fell for the First Time in the International Property Rights Index

The IPRI compares 129 different countries for their economic benefits in strong protection of land, intellectual property and other private property.

April 15, 2011

Austrian R&D Expenses on the Rise

R&D expenditures of Austrian firms increased by 3 per cent in 2009 despite the crisis.

April 8, 2011

voestalpine Increases Research Budget to a Record High

In the new business year 2011/12, which begins on April 1, 2011, the Austrian steel company set asiede more than € 120m for product and technology development.

March 30, 2011

Good Prospects for Austria's Electric Industry

In its industry report, Bank Austria considers there is a sustainable recovery for the electric industry in spite of continued price pressures.

March 23, 2011

Economic Chamber Demands Redeployment of "Manual Workers Regulation" in Favor of Research

The Austrian Economic Chamber presented a list of demands to the federal government. Critics say it is to no purpose.

March 10, 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: "Research Support Should Be Pushed Now!"

The President of the Austrian Economic Chamber (WKÖ) speaks in favor of increasing the research bonus.

March 5, 2011

Leitl Fears Falling Back behind Asia

During a state visit to Singapore the President of the Austrian Economic Chamber (WKÖ) again urges the Austrian government to undertake reforms.

February 24, 2011

Technology Offensive in Carinthia

Very powerful R&D developments are to be observed in Carinthia: expenditure for R&D rose from 0.42% in 1993 to 2.43% according to the latest figures.

February 14, 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
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