Austria 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.
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.