Advertise with Vindobona.org

Industrial Location Austria Losing Attractiveness

People ♦ Published: April 16, 2014; 15:58 ♦ (Vindobona)

Among other things, labor costs and energy prices are too high, according to the Austrian Federation of Industries.

Too much bureaucracy and too high costs is burdening the domestic industrial production. / Picture: © Vindobona.org

The Austrian Federation of Industries (IV) sees the thoughts of migration voiced by many enterprises as a “slow process of the deterioration of the location and a loss in trust in the business location, but primarily in the economy and industrial policy,” general secretary of IV Christoph Neumayer said in an interview with Austrian broadcasting station “Ö1”.

While…

or Log In

Fast News Search
Related News
Austria: RLB OÖ Rows Bank on Threat to Leave (April 16, 2014)
„We Must Create A Free Trade Area with Russia“ (April 12, 2014)
Erste Group to be Relocated to the Czech Republic? (April 9, 2014)
Austria: Government Wants “Restrictive Budget Performance” (April 8, 2014)
Leitl: “Growth Must Not Mean Less Reforms” (March 28, 2014)
Read More
Competitiveness, Retail Industry, R & D, IHS, Christian Keuschnigg, Leaders, Labor Market, Labor Market Policy, Czech Republic, Germany, Erste Group, Banking Industry, Raiffeisen, IV Federation of Austrian Industries, Industrial Production, Economic Growth, Innovation, Investments, Exports, Imports, Voestalpine, USA, Energy Policy, Education Policy, Taxation, Bank Austria, Unicredit, Italy
Featured
See latest Vindobona Newsletter