Tyrol’s Tech Scene Grows but Needs More Investment
The IT and tech industry in Tyrol currently employs 7,500 people and generates an annual turnover of around €1.2 billion.
Vienna Invests €53m in Cycling Infrastructure in 2024
The investment saw the addition of over 23 km of bike lanes and included 60 new projects connecting key parts of the main traffic network.
Investment in Austrian Start-ups Declines
The 2024 Start-up Barometer from EY shows total funding dropped by 17% from 2023, with the number of funding rounds also declining.
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%.
Austrian Firms Invest €404M in Worker Safety
This marks the first time the €400 million threshold has been surpassed, with sales of safety equipment having grown steadily since 2017.