atAustria is a largely mountainous country due to its location at the eastern end of the Alps. This mountain range dominates the western and southern parts of Austria while the country’s lower-lying eastern provinces are in the Danube basin. The most important sectors of Austria’s economy in 2012 were wholesale and retail trade, transport, accommodation and food services (22.3 %), industry (21.8 %) and public administration, defence, education, human health and social work activities (17.7 %).

Austria’s main export partners are Germany, Italy and the US, while its main import partners are Germany, Italy and Switzerland. It can be seen from the data below that Satsafe® represents a very significant Internet of Things (IoT) business opportunity in Austria focussed on security and safety applications.

Capital: Vienna

Geographical size: 83 879.0 km²

Population: 8 408 121 (2012)

Population as % of total EU population: 1.7 % (2012)

GDP: € 307 billion (2012)

Official EU language(s): German

Political system: federal parliamentary republic

EU member country since: 1 January 1995

Seats in the European Parliament: 18

Currency: Eurozone member since 1 January 1999

A world of opportunity:

We are currently seeking expressions of interest from International distributors for a range of Satsafe® branded safety and security applications including geobloc.

If you are interested in acquiring the Satsafe® Master License as a business opportunity in Austria, please contact us outlining your experience.