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Austria Welcome
Living and working in Austria
A guide, with information, advice and useful addresses




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Austria Welcome
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Austria Guide


Relocation Austria Guide

Agriculture
The agricultural sector in Austria is characterized by small farms, 65% of which are managed part time.
In this mountainous country, only 42% of the territory is agricultural land.
It is mainly stockbreeding, pigs and cattle, but there are also 55,000 hectares of vineyards.
These used to be specialized in sweet white wines but are now widely diversified and produce very dry white wines and several red wines.

Forests where timber is exploited cover 39% of the country.

The agricultural balance shows a large surplus and what's more, to valorize it in the eyes of a population who are very environment-conscious, Austria draws 13% of its energy from recycling agricultural materials.

When it became a member of the European Union Austria was obliged to apply the mechanisms of the CAP (the common agricultural policies).
The drop in revenues was assumed by the Community for a sum of 795 million euros in direct aid and 3 billion euros in other aids. Austria has also received aid for fishing, and has managed to get its carp breeding developement co-financed.

Agriculture
(in millions of tons, head, m³ for timber)

wood

15.609
15.325
14.033
-

wheat

1.240
1.352
1.342
1.285

maize

1.736
1.842
1.646
1.728

barley

1.083
1.258
1.212
1.215

potatoes

0.769
0.677
0.647
0.660

wine

0.211
0.180
0.270
0.270

cattle

2.326
2.272
2.198
2.172

sheep

0.365
0.381
0.384
0.384

pigs

3.706
3.664
3.680
3.810

fishing

0.003
0.003
-
-

Industry & mining

Austrian industry is very productive, partly due to the rate of re-investment which is higher than in most other European countries.

Austrian industries tend to be in the traditional sectors which have a relatively low added value (steel, mechanical construction) and the sector is dominated by small and medium sized family firms. There are few big groups and a lot less start-ups than in other big industrial countries, which results in an absence of pension funds to invest. In Austria salaries are high, the currency is strong and the laws are strict, so people are less likely to take risks and introduce changes. The country is worried about a lot of foreign investors coming in with the opening up of the capital of national enterprises.



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