business location austria
DESCRIPTION
The business location Austria is very profitable for international investors. Optimal access to the growth markets of Eastern and Southeastern Europe, a highly educated and motivated workforce, state-of-the-art infrastructure and a high-tech environment go without saying in Austria. Moderate corporate taxation, attractive research incentives and efficient public services make the framework for the economic success of companies. Social and economic stability, combined with highest quality of life, make Austria the ideal location for your investment.TRANSCRIPT
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Business Location Austria
ABA-Invest in Austria August 2011
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You know Austria like this …
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29,2
27,8
27,3
27,2
24,7
23,7
21,3
21,8
18,8
Austria
Germany
Japan
Switzerland
EU-27
Netherlands
USA
UK
France
Invest in an Industrialized Country
Source: OECD, Eurostat
Production sectors as percentage of GDP, 2010
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Customers with High Purchasing Power 8.4 million inhabitants 50 m consumers within 400 km GDP/capita 2012: EUR 32,100 Number 3 in the EU in respect to
purchasing power GDP growth: 0.6 % (forecast 2012)
Inflation: 3.6% (2011)
Companies as customers: Gross fixed capital formation 21.1% of GDP
Source: Austrian Federal Bank, Austrian Institute for Economic Research
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East-West Business Platform in the Heart of Europe
Ideal access to EU markets – bestconnections to East / South East Europe
Excellent traffic connections
More than 1,000 international companies coordinate their CEE / SEE activities
300 CEE headquarters
Know-how of Austrian service providers
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Exploit the Advantages at the Interface
Excellent CEE know-how of Austrian service providers such as banks, lawyers and logistics companies
Historically matured cultural understanding of Austrians for Eastern Europe
High percentage of employees with CEE language competencies
Good traffic connections (Vienna Airport)
Political stability and security
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Vienna Airport – the Leading Hub to CEE and SEE
Austrian Airlines:
24 countries
45 destinations
578 flights per week
Quelle: Vienna Airport 2012
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Optimal Access to Growing MarketsCzech Rep.GDP 2013: 1.7%
SlovakiaGDP 2013: 2.7%
Poland GDP 2013: 2.6%
HungaryGDP 2013: 1.45%
RomaniaGDP 2013: 1.7%
BulgariaGDP 2013: 1.5%
GermanyGDP 2013: 1.9%
AustriaGDP 2013: 1.5%
SloveniaGDP 2013: 0.7%
CroatiaGDP 2013: 1.5%
Source: Eurostat, UniCredit Research 06/2012, forecast
UkraineBIP 2013: 1.9%
Bosnia-HerzegovinaGDP 2013: 0.8%
SerbiaGDP 2013: 1.7%
ItalyGDP 2013: -0.3%
SwitzerlandGDP 2013: 1.9%
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Attractive for Headquarters
About 300 international companies have their regional headquarters in Austria, for example:
Worldwide HQs
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HQ Locations in CEE
Source: Wolf Theiss, Headquarters Austria, September 2011
13
17
303
3Slovakia
Czech Rep.
Hungary
Austria
Number of regional headquarters
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Vienna: HQ-Location for International Organizations & Top Conference City
Vienna: Only UN headquarters in the EU UN organizations in Vienna:
UNCITRAL, UNODC, UNIDO, UNIDIR, CTBTO, UNHCR, OIOS, IMOLIN, etc
30 HQs of international organizations in Vienna
More than 14,000 international staff and diplomats (UN) are living in Vienna
Leading conference city (according to ICCA study)
Skilled HQ staff available
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Profit from Highly Productive Employees
Source: IW Köln 2012
73
76
84
86
87
90
98
100
102
107
113
115
Japan
USA
Czech Rep.
Netherlands
Austria
Sweden
Belgium
Germany
Denmark
Italy
France
UK
Unit labor costs 2010, Germany = 100
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Motivated Staff Secure Your Success
Source: World Competitiveness Yearbook 2012
10=Motivation of staff is high8,05
7,76
7,73
7,39
7,35
7,17
6,55
6,07
5,87
5,78
5,2
5,08
5,03
4,78
Switzerland 1
Denmark 2
Austria 3
Germany 5
Japan 7
Netherlands 10
USA 20
Belgium 27
Czech Rep. 30
UK 31
Italy 41
Polamd 46
Hungary 47
France 50
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Competitive Office Rents Reduce Your Operating Costs
Source: CB Richard Ellis, 2012
In Euro per m² and year306
323
357
396
411
505
555
565
781
1001
1387
1508
1780
2011
Berlin
Budapest
Vienna
Prague
Amsterdam
Rome
Frankfurt
New York
Zurich
Paris
Moscow
Tokyo
London
Hongkong
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Business-oriented Training for Your Sustainable Corporate Success
Dual educational system Vocational schools (e.g. HAK, HTL)
Academies of applied sciences Foreign language competencies Largest University of Economics in the
EU
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Versatile Employee Potential
Close to 15% of Austrians have a migrational background Language capabilities Intercultural competence
Vienna University of Economics and Business Administration: 25% of the 24,000 students are from other countries
Austrian management know-how is internationally sought after Siemens, RTL, Lufthansa, Roche, Accor
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Economic and Social Stability
Eurozone Lowest strike rate High level of personal security Reliable legal system
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Your Advantage:Moderate Taxation on Corporate Profits
Source: PricewaterhouseCoopers
Maximum taxation on profits 2012 in %
19
19
19
19
20
25
27
34.4
31.4
29.8
25.5
12.5Ireland
Czech Republic
Hungary
Poland
Slovakia
Slovenia
Austria
Netherlands
UK
Germany
Italy
France
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Hard cash / Low-interest Loans for Your Innovative Investments
The following is promoted: New technologies / Innovative projects R&D Education Environmental protection Exports and internationalization Special subsidies for SME
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1,5
1,7
1,9
2,1
2,3
2,5
2,7
2,9
1998 2000 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Austria‘s R&D Expenditures Grow Above Average
Germany Austria
EU-27 (25)
Source: Eurostat
* Forecast 2012
2,8 *
As percentage of GDP
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Unmatched Quality of Life
8,13
3.96
4.63
6.96
7.3
7.37
7.42
8.15
8.93
9.17
9.21
9.63
9.65
9.66Switzerland 1
Austria 2
Norway 3
Denmark 4
Germany 7
Netherlands 10
France 17
USA 19
Japan 21
UK 24
Czech Rep. 25
Italy 27
Poland 39
Hungary 53
Maximum = 10
Source: World Competitiveness Yearbook 2012
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Who We Are
Consulting company (limited liability) for international investors owned by the Ministry of Economic Affairs
29 experienced employees International network with offices in
New York, Tokyo and Stuttgart National network World‘s best investment promotion
agency (according to Worldbank study)
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What We Do
… consulting serves provided free of charge on all issues pertaining to Austria as a business location
Support in setting up a company Site identification / real estate Consulting on incentives/financing Tax and labor issues Support in obtaining licenses/permits Organizing business contacts
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ABA-Invest in Austria
Opernring 31010 ViennaTel: 588 58 -0E-Mail: [email protected]
www.investinaustria.at