Last year, a total of 224 international companies from 49 countries decided to establish operations in the Austrian capital, generating investments worth approximately 525 million euros. Simultaneously, 1,682 new jobs were created, representing a growth of over 80 percent compared to the previous year. According to estimates, the effects of these investments will also be felt beyond the capital, with a total added value of around 750 million euros for all of Austria.
The largest number of investments come from Germany, Hungary, and Italy, while the most represented sectors are IT, telecommunications, software, trade, and business services. Deputy Mayor and City Councilor for Finance, Economy, Labor, International Affairs, and Digitalization Barbara Novak emphasized that these results confirm the correctness of the city's strategic development. "This is a clear indicator that Vienna offers a stable and attractive business environment. We are particularly pleased with the strong growth in technology sectors, which bring innovation and long-term employment opportunities," Novak stated.
Technology Companies in Focus
Significant growth was recorded in the technology sector, where 60 companies from the fields of IT, telecommunications, and software settled in Vienna during 2025. Among them is Bybit EU, one of the world's leading crypto exchanges, which chose Vienna due to its secure regulatory environment and stable business system. In addition to large companies, the city is increasingly attracting the startup community. Among the more interesting examples is the startup Willow Stories, which is developing a platform that allows family and friends to jointly create digital memories of the deceased through photos, stories, and messages. This is part of the growing "death-tech" sector that combines technology and emotions, offering a new way of preserving memories in the digital age.
Broader Economic Significance
Such innovative projects confirm that Vienna is increasingly attracting startups that develop unconventional and technologically advanced solutions. Experts emphasize that these trends have multiple benefits, from direct employment to strengthening the entire business ecosystem. Vienna is increasingly positioning itself as an important entry point for the European market, especially for companies seeking stability, developed infrastructure, and access to a qualified workforce. With continuous investments in technology and innovation, the Austrian capital clearly demonstrates its ambition to remain among Europe's leading business centers in the coming years.