The Federal Minister for Digital and Economic Affairs is Margarete Schramböck.
The goal of the Federal Ministry for Digital and Economic Affairs is to further enhance the positive development of the Austrian business location, to actively take advantage of the opportunities offered by the digitalisation of business and society and to strengthen entrepreneurship. The tasks of the Ministry are performed by various Centres and Directorates General with differing priorities (the exact designation of these organisational units will be detailed in new administrative rules).
Economic Policy, Innovation & Technology
A key economic policy objective is to reinforce Austria's position as an attractive business location. Investments in research, development and innovation need to be enhanced to ensure continued competitiveness. The Centre also addresses competition policy and internal market issues within the European Union.
External Trade Policy & European Integration
Austria is one of the world's leading export countries. External trade policy aims to strengthen the Austrian export sector by ensuring sustainable growth, improved access to new markets and international cooperation. For this purpose the BMDW and the Austrian Economic Chamber (WKO) have jointly launched the go.international campaign. Other portfolios based within this Centre include export control, import licenses, EU coordination, export and investment policy, international regional policy and funding, as well as multilateral trade policy.
The BMDW seeks to provide an enterprise-friendly framework and environment, which nurture the growth of businesses, facilitate business start-ups and ensure open market access.
Central issues include improving the competitive strength of companies, safeguarding existing employment and creating new jobs, as well as updating the rules and standards under Austria's Trade Act (Gewerbeordnung, GewO). Moreover, the BMDW is responsible for the sustainable design of apprenticeships and the introduction of new apprenticed trades. Other policy areas include surveying, geo-information and technology.
The Ministry – through Burghauptmannschaft Österreich (an entity managing publicly-owned palaces, castles, etc.) – is also responsible for the maintenance and use of numerous significant properties of historic and touristic value. These include Schönbrunn Palace, Schönbrunn Zoo and the so-called Marchfeldschlösser, i.e. two country palaces in the vicinity of Vienna.