Austrian Unions Call for Higher Bank Taxes
The unions are calling for banks to contribute €1 billion a year to the national budget from now until 2029.
More Consumers in Austria Turning to Credit as Borrowing Grows
Young people aged 14 to 29 are the keenest to spend, with 51% planning major purchases over the next 12 months.
Austria Sees Growth in Start-ups, Female Founders Rise
The average age of those starting new businesses is 36.6 years, with seven out of ten companies remaining active five years after their launch.
Austrian Company Mergers and Acquisitions Rise in 2024
The €803 million sale of Cellnex’s Austrian mobile towers to a Franco-German consortium was among the biggest deals of 2024.
Austria Raises Beer Bottle Deposit
The deposit on the classic 0.5-litre beer bottle will rise from 9 cents to 20 cents, effective from 2 February.
Study: Still Too Few Women on Austrian Company Boards
The proportion of female board members has risen to 12.5%, but 58% of Vienna Stock Exchange companies still have all-male boards.
Austrian Advertising Market Sees Unexpected Growth in 2024
Traditional media dominated the market, growing by 6.2% to €4.96 billion, while print remained the leading platform, followed by television.
Skills Shortage Biggest Worry for Austrian Businesses
Some 67% of the 500 companies surveyed described the skills shortage as a “very” or “fairly” serious problem.
Austria Faces Egg Shortage After Avian Flu Outbreak
The avian flu outbreak in autumn 2024 caused the deaths of millions of hens across Europe, including 200,000 in Austria.
What Cities and States in Austria Offer the Highest Salaries?
The average annual gross salary in Austria is €49,121, but there are sharp regional differences