Excellence in Innovation and R&D. Reasons to invest in Austria/Carinthia.

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June 2016Andreas Griessler

Excellence in Innovation and R & D. Reasons to invest in Austria|Carinthia.

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016 Slide 2

The BABEG

• Carinthian Agency for Investment Promotion and Public Shareholding

• 50 % state-owned• 50 % region-owned• Strengthening Carinthia as a research and

technology hub through• (re)locating innovative companies• shareholding• development projects

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016 Slide 3

Austria: strong Economy

in the Heart of Europe

• Area: 83,872 km²

• People: 8.6 m.

• GDP growth: 1.5% (forecast 2016)

• GDP / capita: € 36.608

• R&D quota: 3.01% (forecast 2016)

GDP Industry: 27.9 %

GDP Services: 70.8 %

GDP Agriculture: 1.3 %

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016

Invest in an Industrial CountryProduction sector as percentage of GDP, 2015

Slide 4

30.5

27.9

26.8

26.2

24.4

20.7

20.6

20.4

19.4

Germany

Austria

Japan

Switzerland

EU-28

USA

Netherlands

UK

France

Source: OECD, Eurostat 2016

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016

Top Industries in AustriaIndustrial production in 2015, in billion €

Slide 5

33,40

14,45

13,94

12,83

12,45

9,59

8,10

7,49

7,21

5,47

Machinery / Metal goods

Chemicals

Electrical / Electronics

Vehicles

Gas / Heat supply

Food

Mineral oil

Wood

Mining / Steel

Building

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016

Highly Productive EmployeesLabor productivity: GDP per person employed in PPS, EU-28 = 100

Slide 6

263

132

130

128

124

124

108

107

107

100

Luxembourg

Ireland

Netherlands

Austria

Sweden

Germany

Great Britain

Euro area

France

EU-28

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016

Economic and Social Stability

Slide 7

• Reliable legal system• Efficient public administration

• High personal security• Very low strike rate• Best quality of life

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016

Investor-friendly tax system

Slide 8

• Corporate tax rate: 25 %• Modern group taxation

• Tax premium for R&D: 12 %• No trade tax• No net worth tax• Double taxation treaties

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016

Research & Developmentin Austria

Slide 9

• More than 10 billion EUR were invested in R&D in Austria in 2015

• Patents registered in or for Austria: 2,642 (2013)

• With 3.01 % of GDP Austria is above the EU average of 2.03 percent

• Tax premium for R&D: 12%

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016 Slide 10

Research par excellence in Carinthia• ranked 5th in Austria for investments in

R&D (2.90%) – €506.8m

• 280 companies active in R&D in Carinthia (=75% investments in R&D)

• Examples: Infineon Technologies Austria, Lam Research, KapschTrafficCom, FlextronicsInternational

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016 Slide 11

• ASSIC, Austrian Smart System Integration Research

Center: smart systems integration

• CTR, Carinthian Tech Research: smart sensors

• Joanneum Research Centre: robotics & mechatronics

• Josef-Ressel Centre: high-frequency integrated

systems & circuits for wireless communication

• Lakeside Labs: self-organized systems, robotics,

mulit-UAV systems

• W3C, Wood Carinthian Competence Centre: material

research & process technology of wood & wood-

related ressources

Non-University Research Excellence in Carinthia

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016

University Research Excellence in Carinthia

• Alps-Adriatic-University Klagenfurt: systems

integration, social ecology, self-organized systems,

energy management

• University of Applied Sciences – Fachhochschule

Kärnten: technology, business, health and social

sciences, engineering & IT, architecture

Slide 12

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016 Slide 13

Industrial Parks in Carinthia

Industrial Park St. VeitRenewable EnergySurface area: ~ 50 haca. 25 companies

Industrial Park VölkermarktThe first inter-municipal industrial park in CarinthiaSurface area: ~ 54 haca. 20 companies

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016 Slide 14

Technology Parks in Carinthia

Lakeside Science & Technology Park Klagenfurt:ICT information and communication technologySurface area: 34.000 m2

Over 60 companies

High Tech Campus Villach:electronics|microelectronics, sensors and actuatorsSurface area: ~ 4.000 m2

In future: ~ 16.000 m2

4 companies

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016

7 Reasons for You to invest in

Austria|Carinthia

Slide 15

1. competitive technologies & innovative business environment

2. qualified & flexible employees

3. high stability & security4. central European location

5. huge market potential6. multilingual workforce 7. land and property at moderate prices

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016

Attractive country for Chinese companies

Slide 16

Andreas Griessler | BABEG Carinthian Agency for Investment Promotion and Public Shareholding | June 2016

Free Investor’s service.One smile to the customer

• information on the business location • site research• basic legal and fiscal advice, possible subsidies

and costs (business plan etc.)• contact to funding bodies, professionals,

suppliers and banks• coordinating authorisation processes• coordination of personnel selection

Slide 17

June 2016

Andreas Griessler

Pfiati, Goodbye and再见See you soon in Carinthia!

BABEG –

Carinthian Agency for Investment Promotion & Public Shareholding