Graz – a business hotspot with different faces
University City, City of Design, research center, cultural capital – the diversity of the city makes it to a unique business location. Around 60,000 students meet local world market leaders, a lively start-up landscape mixes with the bustling creative scene and UNESCO World Heritage Sites meet renowned research institutes. As the economic motor of Styria, Graz steers the province that is one of the most innovative business locations in Europe with an R&D quota of 5%. In the defined fields of strength relating to mobility, human and biotechnology, energy and environmental technology, microelectronics, tourism and the creative industries economists, research industries, clusters and the city of Graz together provide valuable impulses for the region. It is not without reason that Graz records a considerable annual increase in the number of new companies founded, the number of employees and the population. The economy of Graz is flourishing – and this is mainly due to the high quality of life in the city. After all, one must not forget the most valuable factor of any business location: the people.