Technology leaders are growing faster

This year’s economic survey of the Styrian green tech industry shows impressively that research and development plays a key role in environmental technology: R & D spending by these companies increased by 8% to 418 million euros within one year. Innovative companies with high R & D expenditures grow 4 times faster than the average. These particularly strong research companies are even expecting a sales increase of almost 18% this year. There were records in the employment of 22,261 persons (+2.6%) and the turnover of 4.88 billion euros (+1.5%) – in each case only the pure environmental technology sectors are counted in the companies. The satisfaction of the partners with the Green Tech Cluster reached a new high with the grade 1.3 (excellent).