Ex-ÖVP boss Josef Taus: A life between politics and business ends

Ex-ÖVP boss Josef Taus: A life between politics and business ends

Oberösterreich, Österreich - Josef Taus, the former chairman of the ÖVP and an influential industrialist, died at the age of 91. From 1975 to 1979 he led the People's Party and had a formative role in Austrian politics. After his defeat against the then SPÖ boss Bruno Kreisky, he retired from the political arena and made a name for himself in the economy. He built the Management Trust Holding (MTH), which specializes in the renovation of companies, but with mixed success, such as the failed attempt to renovate the motorcycle manufacturer KTM. Nevertheless, successes such as the participations in the Libro book and media chain and the office article discounter Pagro remain, as [Vol.at] reports.

In his long career, Taus was not only active in politics; He also held significant offices in the corporate world. So he was CEO of the Girozentrale, head of supervisory board of the Austrian Industrie Holding AG (ÖIAG) and managing partner of the Constantia Industrial Administration.M.B.H. His diverse career and the influence of his decisions on the economic landscape of Austria were undisputed, as [noe.orf.at] emphasized. The news about his death regrets many who have followed his work in the past few decades.