Top 11 Biggest Austrian Companies

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Austrian companies are growing stronger and have a strong foothold in the world market. They grow in many different fields and regions. Let's take a look at ... read more...

  1. Top 1

    Verbund AG

    Since 1947, Verbund – founded as Österreichische Elektrizitätswirtschafts-AG – has helped shape the energy future of Austria and the world. After 76 years, VERBUND has become the largest and most climate-friendly electricity producer in Austria. Nearly 100% of the company's electricity comes from hydroelectricity, supplemented by wind and thermal power.


    Verbund AG (Verbund) is an electricity generation, transmission, trading, and distribution corporation. It creates energy from renewable sources such as hydro, biomass, wind, and solar. The firm maintains power facilities and trades energy, gas, and certificates on European exchanges. It oversees and controls its domestic and overseas stock interests and operates the power transmission network through Austria Power Grid AG. It offers insurance, vehicle servicing, and facilities management.


    The company runs 129 hydroelectric plants in Austria and Germany, servicing domestic, commercial, and agricultural clients and merchants and dealers in 12 countries, including Germany, Romania, and Austria. Verbund AG generates and distributes power through segmentation, renewable generation, sales, and all other sectors. All sales and transaction operations are in the Sales section. Other industries include energy services, heat generation, services, and equity investments.


    Founded: 1947
    Headquarters: Vienna, Austria
    Website: https://www.verbund.com/

    Photo by LYCS Architecture on Unsplash
    Photo by LYCS Architecture on Unsplash
    VERBUND Youtube Channel

  2. Top 2

    OMV

    OMV is one of the biggest Austria companies and a global chemical and energy group. OMV is working on solutions to address the challenges of climate change. They intend to be the leading supplier of sustainable fuels, chemicals and materials by 2030, focusing on circular economy solutions. In the Chemicals & Materials sector, OMV, through its subsidiary Borealis, is one of the world's leading suppliers of advanced and circular polyolefin solutions. It is a European chemical market leader in fertilizer and plastic recycling. Together with two major joint ventures – Borouge and Baystar, they provide products and services to customers around the globe.


    OMV's fuels and materials division manufactures and markets fuels and feedstocks for the chemical industry, operates three refineries in Europe and holds a 15% stake in a refining joint venture in the United States. United Arab Emirates. OMV operates approximately 1,800 gas stations in ten European countries.


    In the Energy segment, OMV explores and produces oil and gas in four core regions, namely Central and Eastern Europe, Middle East and Africa, North Sea and Asia-Pacific. The average daily output in 2022 is up to 392 kboe/d. Its activities also include the Low Carbon Business and the entire gas business. OMV intends to transform from an integrated oil, gas and chemicals company into a leading supplier of innovative and sustainable fuels, chemicals and materials.


    Founded: 1956
    Headquarters: Vienna, Austria
    Website: https://www.omv.com/

    Photo by v on Unsplash
    Photo by v on Unsplash
    OMV Youtube Channel
  3. Top 3

    Erste Group Bank

    Erste Group Bank was founded in 1819 as Austria's first savings bank. The Erste Group went public in 1997 with a strategy to expand its retail business into Central and Eastern Europe. Since then, Erste Group has become one of the largest financial services providers in the Eastern part of the EU in terms of clients and total assets.


    As the Erste Group, they are present in the banking markets of 7 countries in the CEE region. They apply local knowledge to serve over 16 million customers. They finance families so they have space to live and help planners and founders take the first step towards independence. The initial public offering was carried out in Vienna in 1997. Erste Bank, which also carried out further capital increases until 2006 and one stock split. Some of these transactions were the largest of their kind ever on the financial market in Vienna. The capital raised was used to finance acquisitions.

    Erste Bank not only works in banking but also produces goods ahead of their time, services that benefit clients, and markets that others must still acknowledge. This organization is one of the top places to work in the country. Erste Group Bank AG is a bank and financial services provider. Retail, asset/debt management, savings banks, and corporate hubs are among its business segments.


    Founded: 1819
    Headquarters: Vienna, Austria
    Website: https://www.erstegroup.com/

    Photo by  Floriane Vita on Unsplash
    Photo by Floriane Vita on Unsplash
    Erste Group Youtube Channel
  4. Top 4

    ​​Andritz

    Andritz AG traces its roots to an iron foundry founded in 1852 in Andritz, a Graz suburb, by Hungarian entrepreneur Josef Körösi. Soon after its founding, the company's manufacturing program expanded to encompass big capital goods such as cranes, pumps, water turbines, and later bridges, steam boilers and engines, and mining equipment.


    Andritz is an Austrian international technology group providing various industries with plants, systems, equipment, and services. The company is one of the global market and technology leaders in the hydroelectric power business, pulp and paper industry, metallurgy and steel industries, as well as solid/liquid separation in the segment, urban and industrial. The listed group is headquartered in Graz, Austria. Since its founding 171 years ago, Andritz has grown into a Group with approximately 29,100 employees and more than 280 locations in more than 40 countries worldwide. As a trusted and competent partner, Andritz assists its clients in achieving corporate and sustainability goals.


    Andritz represents the company's fundamental values of passion, teamwork, perspective, and adaptability. The company is also involved in power production (boiler plants, biomass power plants, recovery boilers, and gasification plants), environmental technologies (exhaust and gas cleaning plants), and manufacturing and recycling plants.


    Founded: 1852
    Headquarters: Graz, Austria
    Website: https://www.andritz.com/

    Photo by Israel Andrade  on Unsplash
    Photo by Israel Andrade on Unsplash
    ANDRITZ GROUP Youtube Channel
  5. Top 5

    Voestalpine

    Voestalpine is a leading global steel and technology group with a unique combination of quality materials and machining expertise. Voestalpine, operating globally, has approximately 500 Group companies and is in more than 50 countries on all five continents. It has been listed on the Vienna Stock Exchange since 1995. With its superior products and system solutions, it is a leading partner in the automotive and consumer goods industries as well as the aerospace and Oil-Gas industries.


    It also dominates the global rail systems, tool steels, and specific parts market. Voestalpine is firmly dedicated to global climate goals, and its greentec steel initiative is a well-defined strategy for decarbonizing steel manufacturing. Voestalpine customers benefit greatly from advise due to established competence and decades of experience. For many years, it has successfully manufactured custom-designed items for many consumers. For basic configurations, the organization can ensure first-rate quality and easy availability. Voestalpine is a steel product manufacturer, processor and distributor. It engages in steel, special steel, metal engineering, metal forming, and various other segments.


    Voestalpine Präzisionsprofil GmbH specializes in high-quality cold-rolled standard and customized steel profiles. Their bespoke shapes and stainless steel technologies are highly regarded in various industries. Their professionals combine decades of on-site steel processing skills. As a subsidiary of one of Europe's most successful steel companies, they also have the advantage of being able to handpick the best minds for each project on a global scale.


    Founded: 1938
    Headquarters: Linz, Austria
    Website: https://www.voestalpine.com/

    Photo by Austin Distel  on Unsplash
    Photo by Austin Distel on Unsplash
    voestalpine AG Youtube Channel
  6. Raiffeisen Bank International (RBI) of Austria is a leading corporate and investment bank. In addition, the group also includes many other financial service providers, such as in the areas of leasing, asset management as well as M&A. To support its business activities, RBI operates representative offices and service branches in select locations in Asia and Western Europe.


    Raiffeisen Bank International AG (RBI) is based in Austria and is part of the Raiffeisen Banking Group Austria (RBG). It serves commercial clients and financial institutions in Austria, Central and Eastern Europe through a network of subsidiaries, leasing companies and specialized financial service providers. It also acts as a central institution for the regional Raiffeisen banks. The group that provides financial and payment solutions.


    Even before the region's political shifts began, the RBI was engaged in the area. The first RBI subsidiary was formed in Hungary in 1986. Until March 2017, RBI was a subsidiary of Raiffeisen Zentralbank (RZB Group), when it reversely merged with RZB to create a consolidated entity. Because of its size, the bank is monitored by the European Central Bank as one of the world's 126 banking groups.


    Founded: 1927
    Headquarters: Vienna, Austria
    Website: https://www.rbinternational.com/en/raiffeisen.html

    Photo by  Campaign Creators on Unsplash
    Photo by Campaign Creators on Unsplash
    Raiffeisen Bank International AG Youtube Channel
  7. Top 7

    A1 Telekom Austria

    A1 Telekom Austria AG is a company providing telecommunications services. The company provides fixed-line and mobile communications, including broadband Internet, telephone, mobile television, electronic health and multimedia, as well as housing and storage services. A1 Telekom Austria operates throughout Austria on an enormous scale.


    The A1 Telekom Austria group is preparing for current and future needs. They are a leading digital services and communications solutions provider in Central and Eastern Europe, providing state-of-the-art network infrastructure and enhanced digital capabilities. They operate the system together with operating companies in 7 European countries Austria, Bulgaria, Croatia, Slovenia, Belarus, the Republic of Serbia and the Republic of North Macedonia.


    The A1 Group achieved sales of €5.0 billion at the end of 2022. Around 18,000 employees and state-of-the-art broadband infrastructure make it possible to do business and digital lifestyles simultaneously. They empower people, companies and things to stay connected anywhere, anytime. As the European unit of América Móvil, one of the world's largest wireless service providers, A1 Telekom Austria Group is headquartered in Vienna and provides access to global solutions. A1 Telekom Austria is Austria's leading fixed and mobile network operator, with 5.4 million mobile and 2.3 million fixed-line customers.


    Founded: 1996
    Headquarters: Vienna, Austria
    Website: https://www.a1.group/

    Photo by Annie Spratt on Unsplash
    Photo by Annie Spratt on Unsplash
    A1 Telekom Austria Youtube Channel
  8. Top 8

    Strabag

    Strabag SE (STRABAG) is a construction service provider. It offers civil engineering and building construction, transportation infrastructure and materials such as asphalt, concrete, cement, stone and gravel. The company's main businesses include railway construction, drainage engineering, pipeline and sewer construction, traffic engineering, waterway construction, road construction, and tunneling services.


    It also undertakes real estate development, property and facilities services, operations, maintenance and marketing of partnership projects. The company serves a variety of markets, such as oil and gas, petrochemicals, water supply, wastewater, transportation, infrastructure, industrial buildings, and electricity. It operates in Europe, Asia, America, the Middle East and Africa.


    Strabag SE is a construction company. It operates in the following business segments North-West, South-East, International-Specialty Division, and others. The North-West segment is involved in building activities in Germany, Poland, the Benelux countries, and Scandinavia, as well as offshore wind, hydraulic, and ground engineering. Construction works occur in Austria, Switzerland, Hungary, the Czech Republic, Slovakia, and the Adriatic. International segment - The International business consists of international construction activities, tunneling, services, real estate development and infrastructure development, and building material commerce. The other section includes central departments and central staff divisions that provide services such as accounting, group finance, engineering development, machinery management, quality management, after-sales support, legal and contract management.


    Founded: 1835
    Headquarters: Vienna, Austria
    Website: https://www.strabag.com/en

    Photo by  Rodeo Project on Unsplash
    Photo by Rodeo Project on Unsplash
    Strabag YoutubeChannel
  9. Top 9

    Oberbank

    The bank developed in the course of the 17th century from the trading business of the long-established Linz ship master family Scheibenpogen. Therefore, the bank has been in existence since about 1650. Oberbank AG (Oberbank) offers commercial banking services and other financial products. It provides a wide range of accounts and deposits, such as savings deposits, personal statements, time deposits, business and corporate loans, personal loans, investment financing, and so on. Investment, structured finance, international lending, and syndication are also available. Debit, prepaid, and credit cards are examples of card goods. Coverage for life insurance, health insurance, and pension schemes for everyone.


    The bank has locations in Austria, Germany, the Czech Republic, Hungary, and Slovakia. Oberbank's headquarters are in Linz, Austria. They do all possible to protect their independence, build on their strengths, and avoid taking risks that could compromise their independence.


    Tradition and progress are twin factors that have driven Oberbank's growth to become Austria's leading regional bank outside Vienna. In addition to its long-term commitment to private customers, Oberbank has always been an effective and dynamic partner of local businesses - both large and small and medium enterprises in one of the best critical economic regions. Furthermore, their 2500 correspondent banks worldwide make Oberbank an essential partner in international business.


    Founded: 1869
    Headquarters: Linz, Austria
    Website: https://www.oberbank.com/


    Photo by  Alesia Kazantceva on Unsplash
    Photo by Alesia Kazantceva on Unsplash
    Oberbank AG Youtube Channel
  10. Top 10

    EVN Group

    EVN AG (EVN) is an energy and environmental services company. It provides electricity, natural gas, heat, drinking water, waste heat use, wastewater treatment and related services. The company also operates cable television and telecommunications networks. In addition, it provides energy services to private and corporate customers and municipalities.


    EVN produces and retails heat and trades in electricity and natural gas wholesale and retail. The company operates in Macedonia, Germany, Croatia, Austria, Bulgaria, Albania and other European countries. EVN has its head office in Maria Enzersdorf, Nuremberg, Austria. EVN Group is an Austrian-based electricity producer and transporter, one of the largest in Europe, with over three million clients in 14 countries.


    EVN spreads energy across its territory in Lower Austria and beyond. The company operates in three business lines: energy, environmental services, and other businesses. The company operates in power generation segments, which generate electricity from heat and renewable energy sources in Austrian and international locations. Trade and energy supply chains of electricity, direct energy procurement, and electricity and natural gas trading. The environmental services segment engages in drinking water supply, wastewater treatment, and thermal waste use. In addition, EVN is involved in other strategic investments.


    Founded: 1922
    Headquarters: Maria Enzersdorf, Lower Austria, Austria
    Website: https://www.evn.bg/

    Photo by  Redd F on Unsplash
    Photo by Redd F on Unsplash
    Wiener Börse Youtube Channel
  11. Top 11

    BAWAG Group

    BAWAG Group AG is a publicly listed holding company headquartered in Vienna, Austria, serving 2.3 million retail, small business, corporate and public sector customers across Austria, Germany, Switzerland, the Netherlands and other developed markets. The Group operates under various brands and across multiple channels offering savings, payment, loan, rental, investment, social building, factoring and comprehensive insurance products and services. Providing simple, transparent and reliable financial products and services that meet the needs of their customers is their strategy throughout the Group.


    The business scope of BAWAG Group AG is specifically the management and holding of companies and businesses within the BAWAG Group. BAWAG Group AG operates as a joint stock company. It operates through six business segments: BAWAG P.S.K, Retail, easygroup, Public Sector Enterprise, International Business, Treasury Markets & Services and Südwestbank.


    The retail segment includes savings, payments, cards and loans, investment and insurance services for Austrian private customers, small business lending and social housing operations. The easygroup segment includes easybank, a digital bank offering customers financial products ranging from savings and current accounts to consumer loans and home loans. DACH's business includes corporate and public sector lending and other fee-based financial services, focusing on term loans, payment products and services, and securities sales. The International Business segment includes international corporate lending and international real estate finance business. The Treasury Markets & Services segment acts as a service hub for the Group entities BAWAG.


    Founded: 2005
    Headquarters: Vienna, Austria
    Website: https://www.bawaggroup.com/

    Photo by  Redd F on Unsplash
    Photo by Redd F on Unsplash
    BAWAG Youtube Channel



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