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The international prominence of Austria’s well-funded universities  and institutes is growing The Austrian government prioritizes research, technology and innovation—sectors it believes are the driving forces for sustainable economic growth.   “We have established a paradigm shift: we have become a research country,” says Heinz Fassmann, Minister of Education,...

Austria is at the forefront of transportion and construction infrastructure development   Austria is a European leader in infrastructure investment. “We intend to invest €13.9 billion into the development of the railway, for example,  and we have €1 billion reserved to decarbonize local transport,” says Norbert Hofer,...

While most Austrian companies are small, the country is home to some major businesses that are changing the world through innovation. One is OMV, an integrated oil and gas company with a portfolio covering four continents and annual sales of $23 billion. It is committed...