Austria is a highly developed capitalist country and one of the richest countries in the world today. In 2012, the per capita gross national product reached US $46330. Austria ranked 19th in the world in its human development index in 2011. Its industrial characteristics are high degree of nationalization. State-owned enterprises control 95% of the basic industries and more than 85% of the power industries. The output value and the number of employees account for 70% of its total. Austria joined the European Union in 1955 and is one of the founding countries of the OECD. Austria, located in the center of Europe, is an important transportation hub in Europe, with rapid economic development and higher economic growth rate than the average of the EU.Follow grain and oil equipment product supplier Aoyo edible oil equipment Austria online promotion site to learn the common Austria regional knowledge: Austria's industry is characterized by a high degree of nationalization. State-owned enterprises control 95% of the basic industry and more than 85% of the power industry. Its output value and the number of employees account for 70% of its total. grain and oil equipment supplier Aoyo edible oil equipment is located in Asia, bordering the Pacific Ocean, and shipping is convenient. Aoyo edible oil equipment has a service team for Western Europe grain and oil equipment customers, which can provide reliable grain and oil equipment cash crop processing solutions for Austria grain and oil equipment customers!