Austria is considered a leading nation for machinery and plant engineering. This expertise is driving the modernization of entire industry sectors around the globe.
Austrian companies are among the very best in the world for machinery and plant engineering. Almost a quarter of all goods exported from Austria come from this industry sector, whereby the decisive competitive advantages lie in the outstanding quality, innovative knowhow and above all the close collaboration with customers and great flexibility.
Many of the Austrian companies in this sector count as “hidden champions”. The machinery and metalware industry has 1,500 companies, making it Austria’s largest employer in the industrial sector. More than 23.8% of total Austrian export volumes are generated by machinery and metalware. The most important export markets are Germany, USA, France, Russia, China, Italy and Switzerland.
There are many reasons for the success of Austrian mechanical and plant engineering firms such as comprehensive R&D investments in key technologies. Another decisive factor is the good education and the way that exceptional specialist knowledge and skills are passed on to apprentices, making an important contribution to high standards.