Austria in the upswing: 21,000 consultations and over 2,000 new jobs!

Austria in the upswing: 21,000 consultations and over 2,000 new jobs!

Austria's Minister of Economic Affairs Wolfgang Hattmannsdorfer announced today, on March 20, 2025, the Austrian Business Agency (ABA) played a decisive role in the country's comeback in the global competition for talents and investments. "The ABA creates jobs, strengthens prosperity and drives innovations," emphasized Hattmannsdorfer. In 2024, 309 company settlements and extensions with a total investment volume of over 1 billion euros were realized, which results in around 2,000 new jobs. These impressive figures show how important the promotion of international companies is for the economy of Austria, such as ots.at

The ABA is planning a realignment of its services for 2025. A central point will be the targeted approach of international specialists to meet the challenges of demographic change. At the same time, digital tools are to be further expanded in order to make the recruitment process for qualified workers more efficient. According to bmaw.gv.at , Austria can react to the competitive situation through a comprehensive promotion of company settlements in key sores such as information technology and life sciences.

A focus on an optimized bureaucracy and the creation of a one-stop shop for start-ups should further facilitate the settlement of foreign companies. It is planned to accelerate approval procedures and create tax incentives in order to bring both international companies and highly qualified specialists to Austria. These measures should not only promote economic growth, but also strengthen the country's innovative strength and set essential impulses for the domestic economy.