Business location lower austria
At the pulse of Europe, open to big plans, top infrastructure - LOWER AUSTRIA IS AN OPEN AND ATTRACTIVE ECONOMIC LOCATION THAT IS DEVELOPING DYNAMICALLY.
With the high-growth markets of Central and Eastern Europe on its doorstep and Vienna at its center, Austria's largest federal state has geographical advantages. In addition, Lower Austria's economy scores with solid economic growth, which is often above the Austrian average, a particularly strong export orientation, a focus on technology and innovation as well as many start-ups. These advantages create a unique investment-friendly climate. This makes Lower Austria one of the top business locations in Europe. Especially in challenging times, it proves its worth when the framework conditions for business people are right. Another advantage of our economy is its diversity - with many small and medium-sized companies in different sectors, Lower Austria has a very broad base.
Quality of life
In 2024, Austria was among the best in the global “Quality of Life” and “World Talent” rankings - Lower Austria makes a significant contribution here.
Quality of life
In 2024, Austria was among the best in the global “Quality of Life” and “World Talent” rankings - Lower Austria makes a significant contribution here.
Diversity
No one sector of the economy is dominant, but there are many areas of strength that we rely on - high-tech companies, logistics companies, automotive suppliers, metal goods producers, the food industry.
Diversity
No one sector of the economy is dominant, but there are many areas of strength that we rely on - high-tech companies, logistics companies, automotive suppliers, metal goods producers, the food industry.
Digital future
With the House of Digitalization in Tulln, Lower Austria is creating an environment in which companies from the digital economy can develop excellently.
Digital future
With the House of Digitalization in Tulln, Lower Austria is creating an environment in which companies from the digital economy can develop excellently.
Industrial country
Industry accounts for around a third of the Lower Austrian economy (31%). Around 180,000 people were employed in the manufacturing sector in 2022. (IV LOWER AUSTRIA 2022)
Industrial country
Industry accounts for around a third of the Lower Austrian economy (31%). Around 180,000 people were employed in the manufacturing sector in 2022. (IV LOWER AUSTRIA 2022)
Looking into the future
FUTURE.ECONOMY.LOWER AUSTRIA. The state of Lower Austria, together with the Lower Austrian Chamber of Commerce and the Federation of Austrian Industries, has launched a strategy process with the support of the Economica Institute in order to make the best possible use of future opportunities for our business location. One key result: there is potential for all regions of Lower Austria. The greatest opportunities for growth lie in the areas of digital innovation and green transformation. These areas of opportunity are being addressed and three priorities set, which, in addition to proven measures, should provide additional impetus for the local economy. As the state's business agency, ecoplus implements thematically appropriate measures.
DIGITAL ECONOMY: Advancing the digitalization of processes in companies - topics: Cyber security, artificial intelligence, digital distribution channels and supply chains, management processes or automation
RESOURCES 2.0: Focus on renewable energies, energy management, bioeconomy and circular economy - Topics: Resource efficiency, e-fuels, storage technologies, hydrogen applications, efficient construction, recycling in the plastics & textiles sector
- Platform for green transformation & bioeconomy
- Initative EMI
SMARTE VITALITY: Innovations in the field of intelligent, digitally supported services, medical technology, health programs, digitally supported prevention, use of data for research and healing, solutions for simpler, faster official channels
- Plaftform for health technology
71,76
Bn. Euro
GRP nominal (Statistics Austria, 2022)
71,76
Bn. Euro
GRP nominal (Statistics Austria, 2022)
28.271
Euro per-capita purchasing power 2023
in 1st place from AUT (RegioDataResearch, April 2024)
28.271
Euro per-capita purchasing power 2023
in 1st place from AUT (RegioDataResearch, April 2024)
30
Bn. Euro
Lower Austria Exports of goods 2023 (Statistics Austria, July 2024)
30
Bn. Euro
Lower Austria Exports of goods 2023 (Statistics Austria, July 2024)
116.247
Companies
in Lower Austria (WKNÖ, June 2024)
116.247
Companies
in Lower Austria (WKNÖ, June 2024)
Facts & figures that impress
- With an area of 19,177 km², Lower Austria is the largest federal state in Austria.
- 1.72 million inhabitants make Lower Austria the second most populous federal state.
- 573 municipalities and 4 statutory towns are moving Lower Austria's regions forward.
- Sankt Pölten has been the provincial capital since 1996 and has around 59,000 inhabitants
- Located in the center of Europe: Lower Austria is an ideal springboard to and from the CEE region - its proximity to Vienna also opens up opportunities.
- There are currently 75.838 one-person companies in Lower Austria (WKNÖ 2024)
- 838.900 people were employed in Lower Austria in 2023 - breakdown by economic sector: 4.6 % agriculture,
25.9 % production, 69.6 % services (WKNÖ 2024) - With 17,311 apprentices, the talent pool is large - of which 47.7% work in trade and commerce, 15.4% in industry and 14.5% in trade (WKNÖ 2024).
further links
Extract from universities and universities of applied sciences in Lower Austria
- University for Continuing Education Krems
- Institute of Science and Technology Austria (ISTA), Klosterneuburg
- Karl Landsteiner Privatuni für Gesundheitswesen
- New Design University, St. Pölten
- Danube Private University
- Bertha von Suttner Privatuniversität St. Pölten
- Fachhochschule Wiener Neustadt (Standorte in Tulln, Wiener Neustadt, Wieselburg)
- IMC Krems, University of Applied Sciences
- Fachhochschule St. Pölten
Your contact to success
The ecoplus team will be happy to provide you with further information - also tailored to international companies!
