Welcome to Austria!
Austria is home to roughly 8.8 million people. Its employment rate of around 76.4% is above the EU-28 average of 73.3 percent.
The country's official language is German. However, Austrians also have an excellent knowledge of foreign languages. The vast majority of Austria's resident population speaks English, but there is also a large number of Austrians with a sound knowledge of Eastern European languages.
The business location Austria and its advantages:
Attractive business environment
- Austria is the fourth richest country in the EU
- Above-average purchasing power of Austrian consumers
- Excellent infrastructure
- Modern and efficient public administration
- Highest quality of life
Stability and Security
- Political stability and reliable legal system
- High personal security
- Good relations between employers and employees
- Low strike rate and high level of social peace
- Outstanding level of energy security
Productivity
- High labor productivity and low unit labor costs
- Top motivated and highly qualified employees
Central Location
- Ideal East-West business hub
- Location for 380 CEE headquarters of multinationals
- Coordination headquarters for about 1,000 foreign companies
- Competent consultants with extensive CEE know-how
- Leading flight and freight logistics hub to Eastern Europe
Business-oriented education
- Dual education system combines theoretical and practical teaching
- Optimal cooperation between business and science
- High level of language competence: Austria ranks 8th in terms of English proficiency
For more infos visit the Austrian Business Agency https://investinaustria.at/en and the Austrian Chamber of Commerce https://www.advantageaustria.org
