Austria, largely mountainous landlocked country of south-central Europe. While Austria is mountainous, it is also a highly urbanized country. More than half of the population lives in cities and towns of more than 10,000 residents, and about one-fourth of the total population lives in the Vienna urban agglomeration. Graz, Austria’s second largest city, is the gateway to the Balkans. Linz is an important industrial Centre. Innsbruck, situated just north of Brenner Pass, is the rail Centre through which all the mainline rail traffic of western Austria passes, north-south and east-west. Salzburg is a Centre of music and Baroque architecture. Klagenfurt lies astride routes that provide access to both Italy and the Balkans.
Austria’s main trading partners are EU member countries, the United States, China, and Switzerland. Important exports include machinery, vehicles, chemicals, and iron and steel; among the major imports are machinery, transport equipment, vehicles, chemicals, mineral fuels, and food products.
Austria este una dintre țările mai mici ale Europei, dar și una dintre cele mai bogate și mai stabile din UE. Amplasarea sa în inima Europei a făcut-o în mod tradițional un centru al relațiilor est / vest.
Austria are o populație de aproape 8.5 milioane de locuitori, dintre care peste 90% sunt austrieci, doar 10% fiind străini în majoritate din Serbia și Muntenegru, Turcia, Bosnia-Herțegovina, Germania și Croația. Austria este singura țară, alta decât Germania, în care limba oficială este germana și aproximativ 98% din populație vorbește germana sau un dialect al acesteia. Germanul austriac sună „mai moale” decât cel vorbit în Germania, iar vorbitorii de germană pot distinge cu ușurință diferența. Minoritatea slavă a Austriei, situată în cea mai mare parte în sudul și estul țării, vorbesc slovenă și croată ca primă limbă.
Practic, Austria este o bună piață de export pentru companiile din SUA, fără bariere comerciale semnificative. Agenții și distribuitorii austrieci calificați pot fi găsiți pentru aproape orice tip de produs. Având în vedere dimensiunea țării, Austria reprezintă o piață pilot dorită și bogată pentru produsele fabricate în SUA în Europa. Datorită locației geografice și istoriei Austriei, mulți agenți și distribuitori austrieci, pe lângă piața austriacă, vând regional, acoperind mai multe piețe din Europa Centrală și de Est și din țările balcanice.
The ICT area in Austria is progressing and moving forward gratitude to creative exploration and target subsidizing programs.
The ICT area in Austria produces about 8.6 percent of absolute worth creation. Be that as it may, as conventional innovations, ICT additionally impacts different areas and upgrades their profitability. A general creation estimation of EUR 36,6 billion including circuitous impacts can be appointed to the ICT area. On equilibrium, the ICT business makes sure about around 290,000 positions in Austria.
Innovative work contains the establishment of achievement in this industry. The Austrian Research Promotion Agency FFG positions Austria among the best three European ICT research areas today. For instance, the R&D proportion in chip production is in the scope of 10-15 %.
The corporate examination is likewise upheld by focused public area subsidizing programs, for instance, the umbrella program “ICT of the Future.” A lot of ICT research is additionally completed in the capability places of the COMET (Competence Centers for Excellent Technologies) financing activity supplied to the measure of EUR 1.5 billion, where organizations and scholarly establishments can take a shot at mutually characterized research ventures.
An enormous number of Austrian ICT providers have figured out how to accomplish top market positions on the planet with their items. They offer an expansive scope of items and administrations, from semiconductor creation to imaginative programming, for example, application improvement, from robotization to get to frameworks. For instance, Austrian fitness and development are coordinated into many PDAs, for instance, circuit sheets from AT&S, NFC segments from NXP, or sensors from ams. Access frameworks for public space, for instance, ski lifts, sports arenas, and air terminals are often outfitted with innovation “Made in Austria” by SKIDATA.
The presence of global corporate gatherings, for example, Infineon, Siemens, Philips, and Microsoft fortifies Austria as an area for exploration and interchanges advancements. Microsoft has been spoken to by an auxiliary in Vienna since 1991 and has worked its own R&D auxiliary in Graz, Vexcel Imaging, since 2006. The German chipmaker Infineon and the American global organization General Electric procured a stake in the Austrian innovation organization TTTech Computertechnik AG, which works in creating electronic organizations more hearty based on security and constant advancements. Philips flaunts an especially longstanding custom in Austria. In 1926, the Dutch organization set up traction in Austria by setting up a business organization. Today, Austria isn’t just a fascinating business sector for Philips, yet a significant cutting edge area in Europe including capability focuses of worldwide significance.
One of the constantly growing industries is Information technology and in many countries, it has been seen that after the investment increase in the IT sector, the growth prospectus has increased in the country. Reportedly, the IT sector made up of 3.9 per cent of Austria’s GDP and 7 per cent of the sum of trade in goods. In terms of imports, Austria’s IT values at $5.4 billion approximately. With the calculated data of $683 million internets and the routers, Austria had tapped the growing industry way before many countries did. The potential of Information technology was seen and used appropriately to increase the GDP of the nation by inviting foreign investors and by motivating domestic small and medium businesses to indulge in the IT sector. As a result of that, Austria’s IT sector is on a constant move and still moving ahead because of its well-researched, funding programs and targeting business techniques. There are many business avenues in the IT sector of Austria that are just simply waiting to be tapped and used correctly to increase the nation’s GDP and make it a business hub in the ever-growing world. If talk number, Austria’s IT sector generates approximately 8.6 per cent valuation currently. Along with this, IT sector has also given a positive impact on other sectors of the country and mainly contributed to generating a lot of jobs. From above, the conclusion seems very clear that the country Austria’s IT sector is on boost mode and it would be a great opportunity for future investors to invest in their IT sector.
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