Lower Austria's start -ups are increasing despite bankruptcy!

Lower Austria's start -ups are increasing despite bankruptcy!

Niederösterreich, Österreich - In 2024, around 3,300 new companies were founded in Lower Austria, which means an increase of three percent compared to the previous year. Despite this easy increase, the region remains at the end of the ranking of the federal states in terms of start -ups. According to the Dun & Bradstreet, there was also a worrying increase in corporate bankruptcies by 31 percent, which raises the region just over the Austrian average of 29.1 percent and indicates the continuing difficulties through recession and high inflation, as reported.

A look at the industries shows that the real estate industry in particular is affected by 86 percent with an increase in bankruptcy, followed by companies that manufacture non -durable products (+78 percent). Despite this challenging economic situation, the entrepreneurial spirit in Lower Austria is not broken. A survey by the Market Institute shows that 80 percent of one-person companies (EPU) state that they want to become self-employed again. Around 43 percent of the EPU are optimistic about the future and hope for a stable business situation. This was also confirmed by Austria

The EPU are a load -bearing pillar of the Lower Austrian economy, two thirds of all active companies represent and ensure many jobs. The Commerce Chamber of Lower Austria therefore calls for measures to improve the framework conditions, including reducing income tax and non -wage costs. In addition, you can expect relief by reducing bureaucratic requirements. This shows that despite all the adversities of the will to independence and the creation of jobs, is strongly pronounced.