Top 10 Largest Companies in Austria by Revenue (2026)

Austria is a €500-billion economy with a Mittelstand-style corporate base that punches well above its 9-million population. The country's biggest companies cluster in oil and gas (OMV), construction (Strabag, Porr), banking and insurance (Erste, Raiffeisen, Vienna Insurance, Uniqa), heavy industry (Voestalpine, Andritz), utilities (Verbund), and a handful of internationally recognised consumer brands led by Red Bull. Vienna dominates the headquarters map — 6 of the top 10 sit inside the Ringstraße — with Linz (Voestalpine), Graz (Andritz, AVL), Salzburg (Red Bull, Spar), and Innsbruck rounding out the corporate geography.

For B2B sellers, Austria is often treated as a "throw it in with Germany" market, which is a mistake. The country has its own NACE/ÖNACE coding, its own banking and insurance regulator (FMA), and a strong preference for domestic suppliers, especially in the public sector and the regulated industries. Decision cycles run slower than in the US but faster than in Germany — and the buyer panels are smaller, which means getting to the actual decision-maker is genuinely easier if you know who they are. The flip side is that the country only contains roughly 380,000 active companies, so your TAM math has to be honest.

Below: the ten largest Austrian-headquartered companies by revenue, with the angle a B2B seller should think about for each. Revenue figures are based on the most recent full-year filings (2023 or 2024 depending on the company) and are rounded to the nearest hundred million euro. Employee counts are global, not Austria-only — most of these companies do the majority of their business abroad, particularly across CEE.

1. OMV Group

Founded: 1956 · HQ: Vienna · Industry: Oil, gas, and chemicals · ~Revenue: €40–42 billion · ~Employees: 22,000–23,000

OMV is Austria's largest company and one of the most important integrated oil and gas players in Central Europe. The group owns refineries in Schwechat and Burghausen, the Borealis polyolefins business (jointly with Adnoc), retail fuel stations across CEE, and significant upstream operations. OMV is mid-pivot toward chemicals and "circular economy" plastics under a strategy that explicitly de-emphasises hydrocarbons by 2030.

For B2B sellers:

• The Borealis integration (fully acquired from Adnoc-side restructuring) makes OMV one of the largest petrochemicals buyers in Europe — chemicals software, lab informatics, advanced process control all have live conversations open in Vienna and Linz
• OMV's "ReOil" chemical recycling buildout in Schwechat is one of the largest in Europe; equipment, sensor, and OT-security vendors should pitch the Schwechat plant management directly, not Vienna corporate
• OMV retail (Avanti, OMV-branded forecourts) is a separately buyable account for payments, loyalty, EV-charging, and POS software — different team, different procurement, faster cycle than upstream

2. Strabag SE

Founded: 1835 · HQ: Vienna · Industry: Construction and infrastructure · ~Revenue: €17 billion · ~Employees: 78,000

Strabag is the largest construction company in Austria and one of the top 5 in Europe. Listed on the Vienna stock exchange, it has historically been linked to Russian shareholder Oleg Deripaska (whose stake has been frozen since 2022 sanctions). The group runs buildings, transport infrastructure, tunnelling, environmental, and facility-management divisions across the DACH region, CEE, and the Middle East.

For B2B sellers:

• Construction is one of the lowest-digitised major industries in Europe; BIM, project controls, drone surveying, jobsite IoT, and procurement-platform vendors all have a longer runway with Strabag than they do with software-native customers
• The shareholder situation has slowed M&A but has also created internal pressure to professionalise governance, compliance, and finance tech — pitch the CFO office, not just operations
• Strabag's CEE footprint (Czechia, Poland, Slovakia, Hungary, Romania) means many vendor decisions are taken at the country-subsidiary level — your Strabag account is realistically 6–10 sub-accounts in CRM

3. Erste Group Bank

Founded: 1819 (Erste Group Bank AG formed 2008) · HQ: Vienna · Industry: Retail and corporate banking · ~Revenue: €10–11 billion (operating income) · ~Employees: 45,000–46,000

Erste Group is one of the two dominant retail banks in CEE, with strong positions in Austria, Czechia (Česká spořitelna), Slovakia, Hungary, Romania, Croatia, and Serbia. The group serves around 16 million customers and has been one of the more aggressive European banks in modernising its core banking and digital channels (George, the group's pan-CEE retail banking platform, is genuinely well-regarded).

For B2B sellers:

• The George platform is built on a modern stack — selling adjacent data, ML, fraud, and observability tooling has a much shorter cycle here than at most legacy European banks
• Erste has separate procurement at each of its country subsidiaries; landing Česká spořitelna or BCR (Romania) is a separate logo with separate budgets, even though the holding is in Vienna
• Regulatory tech, ESG reporting, and DORA-compliance vendors are in active conversation across the group right now — Vienna group risk and compliance is the right entry door

4. Voestalpine AG

Founded: 1938 · HQ: Linz, Upper Austria · Industry: Steel and steel-based technology · ~Revenue: €15–17 billion · ~Employees: 48,000–52,000

Voestalpine is Austria's largest industrial company by employee count and a global leader in high-quality steel — railway tracks, automotive grade sheet steel, tool steel, and aerospace components. The company runs the largest industrial site in Austria in Linz (the steel mill is visible from much of the city) and is mid-pivot to "greentec steel" using direct-reduced iron and electric arc furnaces by 2027.

For B2B sellers:

• The greentec steel transition is one of the largest single industrial decarbonisation programs in Europe — anyone selling industrial software, energy management, hydrogen-process tooling, or grid integration should have voestalpine on their target list
• Voestalpine has separately listed-by-division operations (Steel, Metal Engineering, Metal Forming, High Performance Metals) — each runs its own IT and OT procurement; pitch the division CTO, not the group CIO
• The Linz site is also one of the largest IoT, MES, and predictive-maintenance buyers in the German-speaking world — manufacturing software vendors should target there specifically, not generic "Voestalpine Vienna" addresses

5. Red Bull GmbH

Founded: 1984 · HQ: Fuschl am See, Salzburg · Industry: Beverages and media · ~Revenue: €12 billion · ~Employees: 21,000–22,000

Red Bull is Austria's best-known consumer brand and one of the most profitable privately-held companies in the country. The group runs the energy drink business (sold in 175+ countries), Red Bull Media House (TV channels, magazines, web), the Formula 1 and Formula E race teams (Red Bull Racing, Visa Cash App RB), MotoGP, two football clubs (RB Leipzig, FC Red Bull Salzburg), and a long tail of extreme-sports and event properties.

For B2B sellers:

• Red Bull Media House is a serious media and broadcast tech buyer with a workflow more like Netflix than like a beverage company — pitch broadcast software, CDN, and rights-management vendors through the Salzburg media team
• The beverage business operates a Dietrich Mateschitz-style "no central IT empire" culture — country GMs have real budget; pitch country managers, not Salzburg holding
• Red Bull Racing in Milton Keynes is a separately addressable buyer for simulation, CFD, telemetry, and sponsorship-analytics platforms — different country, different budget centre

6. Raiffeisen Bank International

Founded: 2010 (formed by merger of RZB's CEE businesses) · HQ: Vienna · Industry: Retail and corporate banking · ~Revenue: €7–8 billion (operating income) · ~Employees: 47,000–55,000

RBI is the second large Austrian CEE-focused bank, with strong positions in Russia (currently in managed wind-down), Belarus, Ukraine, Romania, Czechia, Slovakia, Hungary, Croatia, Serbia, and Bosnia. The bank is owned by the Austrian Raiffeisen cooperative banking sector, which means it has a different governance dynamic than publicly-traded peers.

For B2B sellers:

• The Russia wind-down has made RBI one of the most public stress tests for sanctions, AML, and KYC tooling in Europe — vendors in regtech, sanctions screening, and transaction monitoring have a uniquely active conversation here
• Cooperative ownership means RBI buys differently than Erste — more conservative, more relationship-led, longer cycles — but tickets, when they close, are stickier
• The CEE subsidiaries (especially RBI Romania, Tatra banka in Slovakia) each run separate procurement and are addressable as their own logos

7. Spar Holding AG (Spar Austria)

Founded: 1954 (Spar Austria) · HQ: Salzburg · Industry: Grocery retail and shopping centres · ~Revenue: €18–19 billion (Spar Austria group) · ~Employees: 90,000+

Spar Austria is the largest Austrian retailer and operates the Spar, Eurospar, Interspar, and Maximarkt brands plus the Hervis sporting goods chain and the SES Spar European Shopping Centers business. Despite the global Spar brand being licensed from Spar International in the Netherlands, Spar Austria is operationally and financially independent and one of the largest privately-held businesses in Austria.

For B2B sellers:

• Spar runs its own warehouses, logistics, and IT in-house at the Salzburg HQ — this is a real retail tech and SAP shop, not a franchise pass-through; pitch direct
• SES Shopping Centers is a separately addressable real-estate account (centre management, leasing, marketing tech) operating across 13 countries
• Spar's CEE footprint (Italy, Slovenia, Croatia, Hungary, Czechia) is run from Salzburg but executed locally — your Spar pipeline should be country-segmented, not lumped into "Austria"

8. Verbund AG

Founded: 1947 · HQ: Vienna · Industry: Utilities (hydro and renewables) · ~Revenue: €9–10 billion · ~Employees: 3,500–4,000

Verbund is Austria's largest electricity company and one of the largest hydroelectric producers in Europe — roughly 90% of its generation is hydro. Majority-owned by the Austrian state, listed on the Vienna exchange, Verbund operates over 130 power plants across Austria, Germany, Italy, France, and a few smaller markets. The company has been a windfall earner during the European energy price spikes of 2022–2024.

For B2B sellers:

• The unusually thin headcount (under 4,000 for €10B revenue) means decision panels are small — get to the right director and you can close fast by European utility standards
• Verbund is a heavy buyer of trading software, grid-management tooling, and renewables-asset management platforms; the Vienna trading floor is a serious buyer in commodity-trading tech
• Hydro-specific OT (turbine monitoring, dam safety, environmental sensors) finds an unusual receptiveness at Verbund vs. thermal-dominated utilities elsewhere

9. Andritz AG

Founded: 1852 · HQ: Graz, Styria · Industry: Industrial machinery and plant engineering · ~Revenue: €8–9 billion · ~Employees: 29,000–30,000

Andritz designs and builds plants and equipment for hydropower, pulp and paper, metals processing, and environmental applications. The Graz-headquartered group is a global market leader in pulp-and-paper machinery and in hydropower turbines, with strong positions in solid-liquid separation and metal-strip processing. Andritz is one of the few sub-€10B European industrials with a genuinely global service footprint.

For B2B sellers:

• The "Metris" digital business (Andritz's industrial IoT and analytics platform for installed-base monitoring) is mid-buildout — adjacent data, ML, and platform vendors can ride along into the customer base
• Andritz services its own installed base aggressively — field service software, AR/VR remote-support tooling, and parts e-commerce platforms have real conversations open in Graz
• The Schuler subsidiary (metal forming, presses, German operations) is separately addressable for metal-forming software and EV battery production tooling

10. Vienna Insurance Group (VIG)

Founded: 1824 · HQ: Vienna · Industry: Insurance · ~Revenue: €13–14 billion (gross written premiums) · ~Employees: 27,000–29,000

VIG is the largest insurance group in CEE, operating ~50 insurance subsidiaries across 25 countries under local brands (Kooperativa in Czechia, Wiener Städtische in Austria, Donau, Compensa in Poland, and many others). The group is anchored in the Austrian Erste Group banking ecosystem (preferred bancassurance partner) and has a distinctly decentralised operating model.

For B2B sellers:

• The 50-subsidiary structure means insurance tech is bought at the local-brand level (Kooperativa, Wiener Städtische, etc.), not at the Vienna holding — your pipeline is dozens of accounts, not one
• The Erste/VIG bancassurance partnership creates a natural co-sell channel for fintech vendors who can package banking + insurance use cases together
• Claims automation, IDP (intelligent document processing), and underwriting workbench vendors find unusual receptiveness across CEE VIG subsidiaries running on older core systems

Quick reference: top 10 Austrian companies

Honourable mentions sitting just outside the top 10 are worth a place in any DACH target list: Uniqa Insurance Group (~€7B premiums, Vienna), Mondi (paper and packaging, dual-listed Vienna/London, ~€7B), Porr (construction, ~€6B), Wienerberger (clay building materials, ~€4B), KTM AG (motorcycles, ~€2B, Mattighofen), and AVL List (privately held automotive engineering, ~€2B, Graz). For automotive software and engineering services in particular, AVL in Graz is often the more interesting Austrian account than any of the top 10.

What the top 10 tells you about Austrian B2B buying

A few patterns from the list are worth pricing into any Austrian outbound program. The first is the Vienna gravitational pull: 7 of the top 10 are headquartered inside the city, and most of the rest run significant operations there even when the registered seat is elsewhere. For senior decision-maker outbound, plan field visits around Vienna — one well-organised week in the first district can cover more C-suites than three months of cold email. The MAK quarter (around Stubenring) and the Vienna Twin Tower area in particular concentrate insurance, banking, and energy headquarters within walking distance.

The second pattern is the CEE orientation. Eight of the top 10 derive a major share of revenue from Central and Eastern Europe — Erste, Raiffeisen, Strabag, VIG, OMV, Spar, Voestalpine, and (through media and racing) Red Bull. This is the structural differentiator versus Germany or Switzerland. Austrian corporates often run their CEE business out of Vienna with country GMs in the regional capitals (Prague, Warsaw, Bucharest, Budapest, Belgrade, Zagreb). If your product is bought regionally, a Vienna-led pitch to the CEE Group office can unlock 6–8 country deals through one champion — a sales motion structure that essentially does not exist in the same shape in Germany or Switzerland.

The third pattern is the strength of family and foundation ownership at the upper mid-cap level (Red Bull, Spar, KTM, AVL, Magna Steyr-side Austrian operations). Even publicly listed companies like Strabag and Andritz have anchor shareholders with long-term horizons. This makes "land and expand" pitches that depend on quarter-by-quarter expansion harder to land than partnership pitches that frame your product as part of a multi-year operating model. Austrian executives value being recognised as serious operators rather than being sold to.

The fourth pattern is industrial concentration in Upper Austria (Linz) and Styria (Graz). The Linz industrial belt — Voestalpine, Borealis (with OMV), Lenzing (just outside the top 10), and a dense network of automotive and machinery suppliers — is arguably the most concentrated heavy-industry buying market in DACH outside the Ruhr. Graz combines Andritz with AVL List, Magna Steyr's Austrian operations, and the SFG/Styrian Service Cluster around them. Industrial software, IoT, and OT security vendors who park their Austrian sales effort in Vienna and treat Linz and Graz as drive-by stops are giving up most of the addressable budget.

The fifth pattern is regulatory advantage. Austria has implemented EU directives (DORA, NIS2, AI Act) with the standard "Austrian thoroughness," and Austrian companies tend to be early-and-cautious adopters rather than aggressive early movers. RegTech, ESG reporting, cyber-resilience, and compliance vendors find an unusual amount of senior airtime here precisely because the boards take the regulatory deadlines seriously and budget against them.

Building an Austria sales motion that actually books meetings

Austria is small enough that you genuinely can run a target-account program covering the entire upper end of the market — the top 500 Austrian companies are realistically mappable from one rep's seat. But "mappable" only helps if your data is good. Most global B2B databases treat Austria as a rounding error appended to Germany, so you end up with stale Vienna HQ addresses, English-only job titles that don't match reality (Austrian boards use Vorstand and Aufsichtsrat, not "CEO" and "Board"), and zero coverage of the Bundesländer-level subsidiaries.

DACH Lead Database treats Austria as a first-class market. We index every active Austrian company by Firmenbuch number, ÖNACE industry code, headcount band, and ownership structure, with verified decision-maker emails and direct phones at the operating-entity level. Want every voestalpine division CIO across Austria, Germany, and the US? Every Erste country GM across CEE? Every privately-held Austrian industrial doing more than €100M? That's a saved filter, not a research project.

The top 10 above will be on every Austrian outbound list. The list that actually generates pipeline is the 1,000–3,000 companies in your ICP band that nobody in your sequencer can find without us.

Book a meeting → with the DACH Lead Database team to turn this list into a working pipeline of verified Austrian decision-makers.