World Champion Austria Lower Austria
Lower Austria – the province of entrepreneurs Internationality, innovation, digitisation and sustainability are the four key points in the economic strategy for this location.
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Photo: Philipp Monihart
ower Austria is one of the most economically efficient regions in Europe and is recognised as an innovative as well as a strong export-orientated, high-tech location with excellent research infrastructure. Austria’s largest province excels due to its geographic location as well as its interconnectedness with Vienna. Lower Austria’s strong industrial tradition, particularly in the steel and metal processing industry and the chemical industry together with the flexibility of its entrepreneurs has enabled the region to benefit markedly from the opening of Eastern Europe. Lower Austria sees itself as a province for entrepreneurs according to the Economic Strategy Lower Austria 2020. Businesses in Lower Austria will find optimal framework conditions for their development and competitiveness. This includes the whole spectrum of relevant infrastructure from services right through to financial support. Though what is really being done for Lower Austrian businesses? We asked Lower Austrian Minister for Business, Tourism, Technology and Sports Jochen Danninger and Ecoplus Director Helmut Miernicki how the province is tackling the current challenges and how it will tackle future questions for the region.
“It is a matter of taking small and medium-sized enterprises into a new phase of innovation.” J o c h e n D a n n i n g e r, L o w e r A u s t r i a n M i n i s t e r f o r B u s i n e s s , To u r i s m , Te c h n o l o g y a n d S p o r t s
Without a doubt the past spring was very challenging. What did the Province of Lower Austria focus on in particular in order to strengthen its business location? Since the start of the Covid crisis we have implemented a large number of measures to help support businesses on their path through these challenging times. Two sets of measures were established together with social partners including the first package among provinces with us assuming liabilities for small and medium-sized enterprises, initiatives to strengthen the regional online trading, measures for sports, a 22 million euros tourism package, the authorisation of a further 100 million euros for the broadband
