Austria's Industrial Strategy 2035: Producing the Future Together With its industrial strategy, the federal government is presenting a vision for the future and a plan for the socially just and ecological transformation of industry. At its heart is the first clear definition of nine key technologies and areas of strength.
The decision to focus on selected key technologies and areas of strength also sends a clear signal to researchers and companies, providing planning and investment security. By focusing on key technologies and areas of strength, support is being provided in a targeted manner to those areas in which Austria is already a world leader or has the potential to become one.
2.6 billion euros for nine key technologies and areas of strength (2026-2029)
- Artificial intelligence and data innovation
- Chips, electronic components, and systems
- Advanced manufacturing technologies and robotics
- Quantum technology and photonics
- Advanced materials
- Life sciences and biotechnology
- Energy and environmental technologies
- Mobility technologies
- Space and aeronautics technologies
Training our skilled workers of tomorrow
Well-trained skilled workers are the foundation for researching, developing, and applying key technologies. With the measures outlined in the Industry Strategy 2035 in the area of future-oriented education and training, Austria as an industrial nation can further expand its competitive position and ensure that employees participate in technological progress.
In the area of key technologies and areas of strength, we are deliberately focusing on training, further education, and the qualification of employees in industry to support the qualitative and quantitative supply of skilled workers. In addition, new apprenticeships are being created in key technologies and areas of strength. It is crucial that everyone in our country can benefit from the industrial strategy.
Mobility technologies – Austria, land of railways
Austria's railway industry is an important economic factor, generating over €3 billion in added value and an export quota of 68 percent. With per capita expenditure of €16.5 on research and development (R&D), our country ranks first in the EU. Austrian companies are successful and highly competitive on the world market.
The aim of Peter Hanke, Minister for Innovation and Mobility, is to lead Austria, the land of railways, to the top of the world's export-oriented nations. The reduction in energy costs for traction current from January 1, 2027, will improve the framework conditions for rail freight and passenger transport, thereby relieving the burden on the industry's logistics chain. The aim is to strengthen competitiveness in the long term and thus improve the framework conditions for rail freight and passenger transport.
The industrial strategy also sets the course for a logistics location strategy. Measures in the areas of digitalization, climate protection, training, and innovation, as well as targeted infrastructure investments, are intended to strengthen the logistics sector and secure the business location in the long term.
Establishing “Made in Europe & Partner Countries” as a guiding principle in funding and procurement
To ensure that Austrian taxpayers' money remains in domestic industry and thus in domestic value creation, existing jobs are secured, and new ones are created, we are breaking new ground in funding and procurement. In future, this will be guided by the principle of “Made in Europe & Partner Countries,” thereby strengthening value creation, productivity, innovation, and competitiveness at the domestic and European level. The development of an Austrian action plan for strategic public procurement will provide clear guidelines for public administration.
“With our industrial strategy, we are pursuing very specific goals: the clear definition of key technologies and areas of strength to reinforce Austria's position as a center of innovation and business, a ‘just transition’ that puts people at the center, and the advancement of our climate goals. In doing so, we are presenting a vision for 2035 and providing planning and investment security,” said Minister of Innovation and Infrastructure Peter Hanke.