Investments

175 International Businesses Relocated to Vienna

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).

April 21, 2016

Erste Group Moves to New Headquarters at Erste Campus

At the beginning of this year Erste Group started moving into its new headquarters at Erste Campus located in the new district of Quartier Belvedere, built on the former site of the Südbahnhof train station.

February 11, 2016

International Retailers Seek Retail Space in Austria

30 international retailers want to come to Austria, it follows from real estate service provider CBRE. Demand for retail space in top locations exceeds the supply.

January 25, 2016

Central and Eastern Europe's Financial Elite Gathered at the CEE Forum in Vienna

The 21st Euromoney Central and Eastern European Forum ended in Vienna today, where 1000 delegates from the region joined local and international investors to help plan, debate and analyze the economic agenda for the region for the year ahead. The vast majority of the delegates have a negative outlook for the year 2016. Only one of the participants expects that this year CEE will grow more than 3.5%.

January 20, 2016

Central and Eastern European Forum in Vienna next Week

The Central and Eastern European Forum - organized by Euromoney - is taking place in Vienna next week. 1,000 top level policymakers, issuers, and commentators from the region will join local and international investors to help plan, debate and analyze the economic agenda for the region for the year ahead.

January 13, 2016

DB Schenker Opens €11 Mln Logistics Center in St. Pölten

The integrated transport and logistics services provider DB Schenker invested €11 million in a new environmentally friendly logistics center in St. Pölten/Lower Austria. DB Schenker is tripling its total occupied space to 34,000-square meter and is creating a capacity for 100 new jobs.

October 14, 2015

Life Sciences Field is Booming in Vienna

Nine percent revenue growth, five percent increase in the workforce and a large increase in business startups - Vienna as a location for life science businesses is attracting companies at a rate never seen before.

October 14, 2015

Record Number of Foreign Entities Set up Business in Austria

As ABA Invest, Austrian investment promotion company reported, in 2014 a record number of foreign entities decided to establish their branches in Austria. 276 companies decided to establish their representations in Austria last year.

September 1, 2015

Conwert in Talks to Purchase BGP Investment's German Properties

Conwert Immobilien Invest SE currently is in exclusive discussions with BGP Holdings Europe S.à.r.l. with respect to the potential acquisition of the German residential property assets of BGP Investment S.à.r.l., an subsidiary of BGP Holdings Europe S.à.r.l.

July 22, 2015

Analysis: Austrian Economy Falls Behind Eurozone Average

The latest "Attractiveness Survey" from consultancy Ernst & Young Global Limited shows, that espite strong fundamentals, Austria’s economy lost some ground on the Eurozone average in 2014, with growth of just 0.4% compared with 0.9% for the Eurozone as a whole. This comparative weakness will also continue in 2015, with Austria’s GDP growth estimated at 1.1%, against 1.5% in the Eurozone. This is despite a boost from lower energy prices, quantitative easing from the European Central Bank (ECB) and a weaker euro.

June 1, 2015
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