Austria’s Income Growth Shows Uneven Results
However, when adjusted for inflation, real wage growth has been negative in recent years, especially for lower-income earners.
Austria Stays Cash-Strong, But Digital Payments Rise
Despite the growing popularity of digital payment methods, cash remains the preferred choice for consumers in the Eurozone, especially for smaller transactions.
Supermarket Prices in Austria Up to 20% Higher Than in Germany
Cheaper prices compared to Germany are a rarity.
Swiss Pharma Giant Invests €200 Million for Vienna Expansion
The €200 million investment reflects Octapharma’s commitment to meeting the growing global demand for plasma-based products, with further investments planned in the coming years.
New Vegetarian and Vegan Cook Apprenticeships in 2025
Like a traditional culinary apprenticeship, the vegan and vegetarian culinary apprenticeship will last three years.
Austrian Small Businesses See Drop in Sales and Profit
Due to financial pressures, 28.6% of businesses, especially in manufacturing and construction, have reduced their workforce in the past six months.
Foreign Investment in Eastern Europe and Balkans Falls Sharply
The hardest-hit nations include Bulgaria, Poland, and Estonia, where investment activity has halved, while in Albania, it has dropped by 88%.
Amazon Austria Establishes Its First Workers’ Council
The council will represent nearly 700 employees across the company’s logistics sites in Vienna, Lower Austria, Carinthia and Styria.
Austria Must Save €24 Billion to Fix Budget
With Austria’s economy in decline, the next government will need to tackle a €24 billion consolidation target to reduce the budget deficit.
Part-Time Work in Austria Rises 30% in a Decade, Led by Women
In 2013, around 950,000 people worked part-time in Austria, but by 2023, that number had increased to 1.25 million.