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Relocation
Austria Guide
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Agriculture
The
agricultural sector in Austria is characterized by
small farms, 65% of which are managed part
time.
In this mountainous country, only 42% of the
territory is agricultural land.
It is mainly stockbreeding, pigs and cattle, but
there are also 55,000 hectares of vineyards.
These used to be specialized in sweet white wines
but are now widely diversified and produce very dry
white wines and several red wines.
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Forests where
timber is exploited cover 39% of the
country.
The agricultural
balance shows a large surplus and what's more, to
valorize it in the eyes of a population who are
very environment-conscious, Austria draws 13% of
its energy from recycling agricultural
materials.
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When it became a
member of the European Union Austria was obliged to
apply the mechanisms of the CAP (the common
agricultural policies).
The drop in revenues was assumed by the Community
for a sum of 795 million euros in direct aid and 3
billion euros in other aids. Austria has also
received aid for fishing, and has managed to get
its carp breeding developement
co-financed.
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Agriculture
(in millions of tons, head, m³ for timber)
wood
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15.609
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15.325
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14.033
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-
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wheat
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1.240
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1.352
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1.342
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1.285
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maize
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1.736
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1.842
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1.646
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1.728
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barley
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1.083
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1.258
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1.212
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1.215
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potatoes
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0.769
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0.677
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0.647
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0.660
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wine
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0.211
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0.180
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0.270
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0.270
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cattle
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2.326
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2.272
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2.198
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2.172
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sheep
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0.365
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0.381
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0.384
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0.384
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pigs
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3.706
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3.664
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3.680
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3.810
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fishing
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0.003
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0.003
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-
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-
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Industry
& mining
Austrian industry
is very productive, partly due to the rate of
re-investment which is higher than in most other
European countries.
Austrian
industries tend to be in the traditional sectors
which have a relatively low added value (steel,
mechanical construction) and the sector is
dominated by small and medium sized family firms.
There are few big groups and a lot less start-ups
than in other big industrial countries, which
results in an absence of pension funds to invest.
In Austria salaries are high, the currency is
strong and the laws are strict, so people are less
likely to take risks and introduce changes. The
country is worried about a lot of foreign investors
coming in with the opening up of the capital of
national enterprises.
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