Investments and growth: Ultimate Europe strengthens Lower Austria's rail industry!
Investments and growth: Ultimate Europe strengthens Lower Austria's rail industry!
St. Georgen/Ybbsfelde, Österreich - On April 18, 2025, the Governor of Lower Austria, Johanna Mikl-Leitner, visited the Ultimate Europe company in St. Georgen/Ybbsfelde. Ultimate Europe has positioned itself as a growth -oriented player in the rail industry and invested in the region, creating highly qualified jobs. Managing Director Manfred Teufl presented the sustainable component solutions for train and bus that the company offers during the visit.
Ultimate Europe was founded in 2003 and started with only four employees. Today the company employs over 2,000 people worldwide, 188 of whom are active in Lower Austria. The new headquarters were opened in 2022, the office, logistics and production united under one roof. The specialization in door systems, transitions and interior designs for rail vehicles and buses makes Ultimate Europe an important player in the industry. The company's products are globally in action, including in cities such as Berlin, San Francisco, Toronto and Dubai as well as at the ÖBB, the Viennese lines and the Westbahn.
Austria's role in the rail industry
like [vcoe.at] (https://vcoe.at/news/details/bahn industrie-weltmarktfuehrerer-Austerreich) reports, Austria is not only per capita of the leader in rail technology, but also a leading exporter in the industry. In Austria, 2,160 kilometers are covered in Austria by train, BIM and subway, which is twice as much as in the EU average. The domestic rail industry creates almost 28,000 jobs and contributes a total value added of almost 2.7 billion euros.
In 2023, Austria reported third place in the European comparison in the rail industry with an average of 85 patents per year. In the research and development work, Austria is also an investment of 13.1 euros per capita. Companies such as Plasser & Theurer and Siemens Mobility Austria show how dynamic the industry is by registering numerous inventions and patents.
Demandings and potential
Entrepreneur Martin Joch emphasizes the great growth potential for the rail industry and demands a more efficient utilization of the existing routes and barrier -free vehicle fleets. There are important requirements for investments in public transport and a reform of the public procurement law. In addition, a stronger commitment to the "buy-European" is required to strengthen the domestic industry.
The challenges due to the prices of competition from China could endanger the Austrian rail industry. Nevertheless, the industry, exemplified by companies like Ultimate Europe, shows that it is ready to face these challenges and to contribute to the constant development and strengthening of Lower Austria business location.
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Ort | St. Georgen/Ybbsfelde, Österreich |
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