Economy
in Linz

 

From a steel city to a digital innovation hub – Linz has impressively reinvented itself over the past few decades. This ‘From Steel to Digital’ transformation, which the city showcased at the iCapital Awards 2024/25, epitomises a business location that masterfully combines tradition and the future.

Today, Linz combines industrial strength with digital excellence, creative minds with technological know-how. The city is home to established industrial companies as well as innovative start-ups, working together on the solutions of tomorrow. This diversity makes Linz an economic hub that offers stability whilst creating space for bold ideas – a place where investment pays off and visions can become reality.

What makes Linz stand out as a business location?

The strength of Linz’s economy is based on several factors:

  • A strong industrial base, featuring global corporations such as voestalpine (approx. 12,500 employees), has provided the city with a solid foundation for decades.
     
  • Four of the ten highest-turnover companies in Upper Austria are headquartered here.
     
  • As Austria’s second-largest commuter hub after Vienna, Linz attracts more than 100,000 workers daily and is the linchpin of the Linz-Wels region, which, with €36.6 billion, generates the highest gross value added of all Austrian regions apart from Vienna.
     
  • Unlike other conurbations, Linz has an above-average share of manufacturing (32.6%) combined with a strong services sector (66.8%) – this balance makes the economy more resilient.
     
  • 248 fast-growing companies and 1,060 start-ups (2024) demonstrate the region’s innovative strength.
     
  • High purchasing power (over €30,000 per person) and a gross regional product of €66,400 per inhabitant – second in Austria after Salzburg – underline the region’s economic strength.
Innenstadt Linz hoch 1080x1350

Industrial Transformation:
Climate protection meets economic strength

Linz faces both a particular challenge and an opportunity: as a major industrial hub in Europe, the city is responsible for a significant proportion of Austria’s greenhouse gas emissions – yet it is precisely this industry that forms the foundation of our prosperity.

The answer lies in industrial transformation. Linz is paving the way to a sustainable future through three strategic priorities: innovative hydrogen technologies, a circular economy in the construction sector, and the use of CO₂ as a raw material. In this way, our city combines economic strength with active climate protection, securing long-term competitiveness and quality of life..

Industrietransformation 985x554

Starting a business in Linz:
Start-up spirit meets industrial expertise

Linz offers entrepreneurs more than just favourable conditions – a real sense of dynamism is taking shape here. The start-up ecosystem is one of the most vibrant in Austria and uniquely combines technology, the creative industries and manufacturing.

Strong universities, dedicated funding agencies and a connected community create the perfect breeding ground for turning ideas into successful businesses. Short lines of communication, direct support and a scene that truly embraces collaboration – in Linz, your vision becomes reality faster than anywhere else.

innovation idea in action 985x554

Support for Linz's business community

From start-ups to large enterprises, the City of Linz supports its businesses not only with financial resources, but above all through networking and knowledge-sharing.

Disclaimer: English content translated with AI assistance.

Would you like to help shape, have your say, or get involved?

You can find interactive projects, participation formats, and information about our events at