The producing sector generates 37% of the Styrian added value, within which industrial key sectors account for 26%. The secondary sector covers coal mining, the building industry and energy production and accounts for the other 11%. The yearly production value amounts to 19 billion Euro.
The so-called "industrial network" - operating around the producing sector - profits from the industry's successes. Many companies generate a large part of their revenue in this industrial core area and are directly associated with production as well as pre- and postproduction sectors (e.g. logistics).
One-third of employees in Styria work in the producing sector. More than half of Styrian job positions are dependant on the industry, either directly or indirectly. Therefore industry is Styria's job motor and the area most responsible for Styria's positive employment market data. Over the past five years, the number of industrial apprentices has risen by 10%.
The future of our region lies within promoting technology, research and innovation. Styria has above-average R&D spending (many innovative companies, five universities, two alliances of applied science universities and a large percentage of all Austrian competence centers). The R&D spending as a percentage of the gross regional product amounts to 3.5%. Styrian companies invest more than 700 million Euros in research and development, which amounts to 70% of the R&D expenditures in Styria. These companies employ around 7000 scientists.