Austria's industry: urgent need for action for competitiveness!

Austria's industry: urgent need for action for competitiveness!

The Austrian federal government has now decided to strengthen basic measures to strengthen the competitiveness of domestic industry. "We all benefit from a strong economy. However, our domestic businesses and the Austrian industry are currently facing a wide range of challenges," explained Kurt Egger, General Secretary of the Economic Chamber of Austria ( Ots ). In particular, the high energy, bureaucracy and wage costs hinder international competitiveness. In order to counteract this trend, a comprehensive industrial strategy was developed.

The measures include a specialist strategy, the reduction of bureaucratic hurdles and the reform of the energy system to facilitate approval processes. Egger emphasized that sufficient and cheap energy was an essential basis for Austria. "Now it is important to set the right course and to implement the announced steps quickly to strengthen our economy," he added.

Locations and production capacities

The role of companies such as the Egger Group, which produces wood materials and is active at numerous locations both in Austria and internationally, is particularly important for Austrian industry. With works in St. Johann in Tyrol, Wörgl and Unterradlberg, Egger not only ensures strong domestic production, but also contributes to export strength. These companies play a central role in the implementation of the new strategy and strengthening Austria ( Egger ).