The history of the AvW Group begins in 1991, with the founding of AvW Invest. Initially, the focus was on financial services and real estate; in 1992, business with equity holdings grew intensively.

Today, the AvW Group is one of the most successful companies in Austria and is committed to further growth and expansion.

The founder of the AvW Group, Dr. Wolfgang Auer - Welsbach, comes from a family which is both steeped in tradition and extraordinarily innovative. His great grandfather, for instance, Dr. Carl Auer von Welsbach, invented the gas lantern, filament lamp and the ingnition element for lighters.