Hattmannsdorfer: ÖBAG conversion for strong location development announced!

Hattmannsdorfer: ÖBAG conversion for strong location development announced!

Vienna, Österreich - Minister of Economics Wolfgang Hattmannsdorfer (ÖVP) has announced a comprehensive renovation of Österreichische Beteiligungs AG (ÖBAG) today. This was announced on the occasion of an impending general meeting of the ÖBAG. Hattmannsdorfer emphasizes that the focus should be on the location development in Austria. Under the direction of CEO Edith Hlawati, ÖBAG will rethink its structure in accordance with the federal government's industrial strategy. A central topic in this realignment is energy policy, in particular cooperation with companies such as OMV and Association, which are assigned to various ministries.

The desired strategy should go beyond the previous business models of electricity and fossil fuels. Important aspects are the security of supply as well as the development of hydrogen technologies and CO2 deviation procedures. Hattmannsdorfer emphasizes that ÖBAG is "not a sales association" and emphasizes the need to not let company shares flow into the state budget, but to use it for new investments. He also announced that the ÖBAG will not support ailing companies and discussed whether the state should participate in startups and scaleups.

strengthening the business location

The demands independent of the party: Complementing the inside in Austria Hattmannsdorfers plans. They urge ÖBAG to rethink the participation strategy, especially in view of the record profits that state -based companies such as OMV, A1 Telekom Austria and network have achieved in recent years. However, there is a considerable reduction in jobs in Germany, which is largely due to Nearhoring.

nearshoring endangers local competitiveness and leads to a loss of know-how. Trade unionists: Interior therefore call for a more active participation strategy to strengthen Austria as a business location. An open letter to Hattmannsdorfer criticizes, among other things, the massive workplace reduction at A1 Telekom Austria, where almost 1,300 jobs have been lost in the past three years. Despite these developments, the syndicate contract, which is valid by 2033, should ensure that the company headquarters and essential functions remain in Austria.

nearshoring in the context of the supply chain crisis

In the current debate about nearshoring, its benefits for certain industries are emphasized. It leads to more stable supply chains and shorter transport routes, which in particular benefits the electronics and automotive industry. The relocation of production to Europe could reduce bottlenecks, which have arisen, among other things, by the microchiphole and material bottlenecks. At the same time, however, the advantages are faced with challenges, including higher production costs in Europe compared to Asia and a shortage of skilled workers in Eastern Europe, which could make it difficult for the implementation of nearshoring strategies.

In this complex interplay of economic interests and strategic considerations, ÖBAG will play a key role. Hattmannsdorf sees itself as the "top sales employee of the federal government" and has already intensified contacts with international partners such as the ADNOC who are involved in the OMV.

ÖBAG faces a significant change that could have a lasting impact on both corporate participations and the economic landscape in Austria. Further developments are eagerly awaited.

Further information on the planned changes can be found at vienna.at , News.at .