Austria Business Features & News

Since the ‘80s, Austria has been providing tax incentives for research and promoting the cooperation of the scientific and business communities, based on training initiatives for competence and excellence. As a consequence, Austria has developed an internationally acclaimed innovative prowess in the fields of environmental technology, ICT, medical engineering, life sciences and biotechnology. All these sectors are have driven the country’s emergence as one of Europe’s... R&D in Austria...

“Big Pharma has invested close to €700 million in Vienna’s biotech scene. Mega-deals such as the one concluded between Apeiron Biologics and GlaxoSmithKline clearly show that Austria boasts innovative companies with promising development approaches which are highly attractive to international organisations”, says Hans Loibner, CEO of Apeiron Biologics. This view reflects the position of the multinationals involved in the deals, as well as businesses of all sizes... Austria Life Science...

Protecting the resource of the natural environment in Austria is an important economic consideration, not only because most tourism in Austria relies on the Alpine scenery, but also because the highly-regarded quality of life is a draw for international investors, and the environment is a big part of quality of life. The stunning scenery and clean air of the Austrian Alpine countryside is the backdrop of some of the world’s most progressive environmental technology. The sector has... environmental technology...

Styria is the second most populated province in Austria, and at the heart of an established cluster in healthcare and life sciences. It is a position that the provincial capital of Graz intends to maintain. By 2014, the major local health institutions will be consolidated into one single area: the Medical Science City. It promises to be one of the top platforms for medical research and higher education in all of Europe. The Medical Science City in Graz will include the existing premises... more