175 International Businesses Relocated to Vienna

Published: April 21, 2016; 18:00 · (FriedlNews)

According to the Vienna Business Agency, last year a total of 175 international businesses relocated to Vienna. Compared to the previous year, the result of 159 relocations was further improved. Compared to the other federal states, Vienna was able to attract almost five times more international businesses than the second-placed Carinthia, which, according to statistics of the Ministry of Economy, recorded 36 new businesses, followed by Salzburg (25), Tyrol (20), and Lower Austria (18).

2015 brought 175 international companies, 1.450 jobs and investments of 630 million Euros / Picture: © Vienna Business Agency

For the fourth time, Vienna was able to expand in the field of international business relocations. Compared to the previous year, the result of 159 relocations was further improved to 175. Compared to the other federal states, Vienna was able to attract almost five times more international businesses than the second-placed Carinthia, which, according to statistics of the Ministry of Economy, recorded 36 new businesses, followed by Salzburg (25), Tyrol (20), and Lower Austria (18).

These relocations yield approximately 1450 jobs and investments of around 630 million Euros.

When looking at the countries of origin for the year 2015, once again Germany placed at the top with a total of 49 relocations.

Particular interest in Vienna was also shown by companies from Hungary (18) and Italy (14).