Vienna is a cosmopolitan city that is proud of its culture and successes
Almost 2 million people live in Vienna (21% of the Austrian population). The city on the Danube is considered the most livable city in the world – a title awarded by Mercer in 2019 for the tenth time in a row. Why is Vienna so livable? Try its economic and social climate, abundant educational opportunities, and a wealth of cultural and leisure activities. Austria’s federal capital is a city like no other!
Vienna’s history dates back to the Roman Empire, and during the Baroque, Classical and Imperial eras, the city experienced its first period of renaissance, making it a European cultural center. You can’t consider Vienna without thinking of creative revolutionaries such as Mozart, Haydn, Schubert, and Beethoven. Until now, the city is an important international hub of classical music. Vienna’s history and traditions are still reflected in the magnificent facades and countless sights of the old town – a sought-after destination year after year for millions of tourists from all over the world.
An Economic Power on the Danube: Austria’s most productive city
For companies, Vienna is an attractive destination. The economic data is impressive. According to the Vienna Economic Report 2020, the city’s labor productivity is 41% above the EU average. In 2018, 25% of Austria’s total GDP was generated here, and in 2019 alone, the number of newly established companies significantly exceeded 9,000. More than half of foreign investment in Austria flows directly to Vienna. The city has prospered economically for many years.
Downtown Vienna is home to many international companies. By far the most represented industry is the service sector, followed by goods production, construction, utilities, and mining. Vienna is home to companies, such as Bawag, Strabag, the Erste Group, and Raiffeisen Bank International. Together, they form Vienna’s economic backbone combined with the numerous medium-sized companies and start-ups. Indeed, the city is perfect for founders, not only because of the numerous coworking offerings but also because of the large number of international conferences and events that invite networking.
If you are looking for a workplace or company headquarters, Vienna should be a top choice. Experience the city’s beauty, characterized by medieval ruins, the banks of the Danube, picturesque churches, and monuments. Combined with developed infrastructure and excellent public transport connections across, commutes to your new coworking space are made easy. Add to that the variety of gastronomic, shopping, and leisure facilities, including the famous Viennese coffee houses, and the city offers the perfect work-life balance. Contact us now to secure your perfect coworking space in one of Europe’s top cities!