Austria-small but beautiful. This might characterize Austria the best way. In terms of GDP, area and population Austria is one of the wealthiest and most stable EU member countries with a well-developed market. The free market economy with strong emphasis on social factors favouring the economically less privileged, will be retained in the EU.

Membership in the EU has drawn an influx of foreign investors attracted by Austria’s access to the single European market and proximity to EU aspirant economies.

In the most international ranking lists about the economical competitiveness you can find Austria as investment harbour, trading partner and as well as global player in the upper centrefield.

Austria is a highly developed industrialised nation with an important service sector. Foremost industries are foodstuffs and luxury commodities, mechanical engineering and steel construction, chemicals and vehicle manufacturing, whereof the production of engines and transmissions are the most important parts.

Predominantly SME’s, the Austrian industry covers every branch of manufacture, from basic goods to the labour-intensive production of finished goods. Plant construction, encompassing the planning, delivery and assembly of turn-key industrial facilities including the requisite operational expertise, is of great importance to our strongly export-oriented economy.