A lot is happening at our location. This week, we were honored to welcome the Governor of Styria at PJM. IT was a pleasure to report Christopher Drexler on our technologies and discuss developments in the railway industry.

Styria as an industrial centre is home to internationally renowned companies and world market leaders. The railway industry also creates products, technologies and services that are known far beyond the borders of this green province. A few figures at a glance:

• R&D ratio: 5.17% of GDP
• R&D expenditure: EUR 2.67 billion
• Universities & Universities of applied sciences: 9
• Students: 63,000
• Number of companies: 100,000+ (including sole proprietorships)