Economy Of Salzburg
The commercial center of a region spanning Upper Austria in the north to the Bavarian counties in the west is Salzburg. As so, it serves as the federal state’s economic powerhouse. Comparatively to the gross value added across the whole state of Salzburg, the city’s economic power is about 43%.
In 2001, 7,838 businesses in all were active in this area. These companies had a combined workforce of 100,055 people dispersed over 10,210 separate offices.Salzburg saw a notable rise in employment—10,729 workers—from ten years earlier to 2001. The rise conforms to a 12% growth rate.With a growth rate of 24.8%, the number of offices rose noticeably between 1991 and 2001. From 8,182 to 10,210 the total number of offices increased.Salzburg has a unique small business framework.
Many people of Salzburg drive to work.With a total of 44,082 people, or 57% of all the employees traveling to Salzburg, the Flachgau region provides most of them. Furthermore, just 13% of staff members travel from the Tennengau region.The remaining Salzburg districts account for a meager share of the population.A good number of Salzburg’s employees are people who live outside the city. Many of these employees travel from Upper Austria—more especially from the districts of Braunau and Vöcklabruck. Furthermore included are 7% of the workforce from other federal states.There are 15,027 employees from Salzburg who commute; most of them work for businesses close by in Flachgau.
Salzburg boasts many eminent foreign businesses.Porsche Holding, the biggest company in Salzburg, calls home here. The company had rather remarkable group sales of 24.2 billion euros in 2021.Apart from land and real estate management, the company is quite involved in import and export trade of motor vehicles.
With a total income of EUR 17.4 billion, Spar Österreichische Warenhandels-AG came in an outstanding second place in 2021.Focused on the development and running of shopping centers, the established Austrian company in the food retail sector is
Having its headquarters in Salzburg-Süd, the Wüstenrot Group is the biggest and most venerable building society in Austria.Major participants in the motor vehicle import market are BMW Austria and Mercedes-Benz Austria.
Top goods forwarding company in Salzburg is Lagermax Lagerhaus und Speditions AG. Their offerings cover a broad spectrum including express services, parcel delivery, vehicle logistics, and cargo transportation.
Among private breweries in Austria, the Stieglbrauerei is the biggest one.Originally set up in the old town in 1492, the establishment has been housed in the Maxglan area since 1863.The Stiegl brewery expanded in 2005 and opened a modern brewhouse.
Based on its subsidiary, Unito Shipping & Services, the globally active Otto Group is headquartered in Salzburg.Second biggest building company in Austria, Porr, has a Salzburg branch. Among other group businesses, this one is a shining example: Teerag-Asdag.
Salzburg’s ascent as a trade fair destination is much aided by the exhibition centre there.The Messezentrum Salzburg GmbH was established in 1973 by cooperation between the Salzburg Chamber of Commerce, the state of Salzburg, and the city.Owned by the Salzburg Chamber of Commerce, the State of Salzburg, and the City of Salzburg, Messezentrum Salzburg GmbH With a 39.3% share, the State of Salzburg; with a 39.3% share, the City of Salzburg and the Salzburg Chamber of Commerce respectively.
The A1 junction “Messe” (Exit 291) features a motorway entrance and exit for the exhibition centre. At this junction, direct access to the parking area is possible; there are roughly 3,300 available spaces.
In 2011, the Salzburg Exhibition Center attracted rather outstanding numbers—about 630,000 visitors. Along with the large 2,545 m² Salzburg Arena, which offers enough of space for a variety of events, the center features ten exhibition halls with a total exhibition area of 36,625 m².Working with guest organizers, Messezentrum Salzburg GmbH hosts approximately 32 trade and public fairs annually.
Autumn 2011 saw the completion of a new congress hall featuring an exhibition space of 15,163 m².Additionally unveiled in August 2012 was a conference area spanning 4,600 m².