Economy: between tradition and future
The most important Carinthian economic sector is industry. Above all the high-tech sector has developed very quickly in the last years. After the movement of many production sites with low income and high occupational intensity, in recent years a successful structural transformation based on innovation, research and development in high technology sector has been introduced. The new economy and technology parks, first among all the others the Lakeside Science & Technology located near the Alpen-Adria university in Klagenfurt play an important role. The lakeside Science & Technology Park cooperates with the university and with the research departments of many Carinthian high-tech firms.
In Carinthia there are different firms manufacturing electronic components for car sector and for industry. The biggest factory in this sector is Infineon in Villach, where also the headquarter is located. Car components are manufactured also in Filterwerk Mahle in Bleiburg. 50 percent of Carinthia’s surface is coved by woods. Therefore, the forest economy and the wood working are important economic sector, we remind you a paper factory in Frantschach and the Funder in St. Veit manufacturing prefabricated panels. Treibacher industries founded by the famous chemist Carl Auer von Welsbach manufactured also flints and rare metals. As for the agriculture, cattle-breeding, milk production, pig-fattening and aviculture are much widespread.
Renewable energy sources covers the 42 percent of the Carinthian energy requirements. Renewable energy produced in Carinthia is equal to 23% of the whole renewable energy produced in Austria, to 6% of the one produced in Europe and to 3% of the one produced in the world. The most widespread renewable energy source is the hydroelectric energy, followed by biomass and biogas. As for solar energy GREENone TEC located in St.Veit is the world's leading manufacturer of high-quality solar thermal collectors. Clean energy is a key point for the research and pillar for the Land Lebensland event.
Carinthia is nowadays in the forefront in electronics and high tech, while in the past the forefront sectors were mining and metal working. The Noricum iron of the Celtic Kingdom of Noricum was requested worldwide because of its high quality similar to the steel. Up to the 20th century the Carinthian mine in Hüttenberg, the second biggest ore body in Austria, supplied the raw material for the weapons and the ploughs to the whole Europe. In Middle Age important gold and silver mining factories were located in Carinthia: one of the richest gold mine in Europe was located in the High Tauer. The iron and lead became then important; today only few mining industries are located in Carinthia.
Since more than 100 years tourism is an important economical branch in Carinthia. Nowadays there are more than ten million overnight stays every summer and more than three million every winter.
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