EU plans relief for companies: First steps to strengthen competition!

EU plans relief for companies: First steps to strengthen competition!

Laimgrubengasse 10, 1060 Wien, Österreich - The EU Commission presented the Clean Industrial Deal and the Action Plan for Captable Energy on February 27, 2025, which are considered important steps to strengthen industry in Europe. Rosemarie Schön from the Austria Chamber of Commerce (WKÖ) describes the new initiatives as urgently necessary to improve the competitiveness of companies and reduce bureaucracy. While the Omnibus package offers promising approaches for noticeable de-bureaucratization, the implementation of the measures remains crucial in order to meet the challenges of the current economic situation. The WKÖ demands brave steps to reduce EU bureaucracy costs by at least 25 percent so that companies can be relieved promptly, such as ots.at reported.

The Action Plan for Central Energy will include concrete measures to reduce energy prices for both companies and private households. This is particularly important because high energy costs are one of the biggest challenges for European industry. Sigi Menz, chairman of the federal division of the WKÖ, emphasizes that the Commission also plans to reduce dependence on energy imports and at the same time increase the proportion of European components in green technologies. The simplified approval process should help industry to become competitive again. The European approach "Buy European" will play a crucial role in the future, since the manufacture of components for green growth in Europe is to be promoted, such as

Despite the positive approaches, there are also critical voices. Menz warns that there is a lack of clear, ambitious goals regarding financing and the trade agreement for the procurement of raw materials. In order to make effective progress, these planning must now be implemented quickly and quickly so that industry does not only have to wait for short to medium-term relief. The economy needs immediate measures to avoid the impending stagnation and to secure competitiveness sustainably.