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Federation of Austrian Industries
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Reform of the Red-White-Red Card: Facilitation for Workers From Abroad
The Red-White-Red Card, which allows its holders access to the Austrian labor market, is to be made easier to obtain in the future. This was recently announced by Minister of Labor Kocher and Minister of Economics Schramböck. Relaxations in the approval procedure are intended to attract more skilled workers to Austria in the future in order to combat the acute shortage of skilled workers in the country. The Chamber of Commerce and the Federation of Austrian Industries are delighted.
April 28, 2022
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Brexit Agreement: Federation of Austrian Industries and WKO Welcome Agreement
With regard to the finalized Brexit negotiations, the Federation of Austrian Industries and Chamber of Commerce showed themselves relieved after the EU and the United Kingdom have finally come to an agreement which will regulate the relations between the leaving party and the member countries of the European Union starting from January 1, 2021.
December 28, 2020
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WKO and IV: Need for "Climate Protection with Common Sense"
The heads of the Austrian Federal Chamber of Commerce (WKO) and the Federation of Austrian Industries (IV) demand appropriate framework conditions for climate-friendly behavior instead of the race for ever higher climate targets. Both Secretary Generals want "climate protection with common sense".
December 10, 2020
Industry at Alpbach Technology Talks: Austria's Federation of Industries Demands to Start the Technology Offensive Now
The President of the Federation of Austrian Industries (Industriellenvereinigung) Georg Knill used the European Forum Alpbach to underline the importance of research, technology and innovation for a wealthy future economy.
August 28, 2020
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Ten Years After The 2004 EU Enlargement: Achievements and Next Steps
International Conference, Vienna, 24-25 April 2014
March 31, 2014
Austrian Industry Urges Government to Continue Austerity Policies
The Austrian government has to perform its job in order to retain competitiveness and economic growth in future. Finance Minister Fekter is highly satisfied with the government´s economic report.
July 10, 2012
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Orban Defends Hungarian Economic Policy
The Hungarian Prime Minister Viktor Orban met Austrian policymakers in Vienna. The Hungarian bank tax should be replaced by a financial transaction tax.
June 13, 2012
Rising Unemployment – Industry Claims More Flexibility
Among the EU member states, Austria has still the lowest unemployment quota. Compared to May 2011, the number of unemployed persons rose by 5.1%.
June 1, 2012
Austrian Industry: „Growth Instead of Redistribution“
After the Austrian Chamber of Labor claimed he Federation of Austrian Industry underlines that Austria has the highest redistribution quota among OECD members.
May 30, 2012
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Austrian Industrial Sector Pushes for Austerity
The Federation of Austrian Industries sees still a huge potential to reduce public expenses and underlines the importance of the industrial sector.
May 22, 2012
Sorger Underlines Austrian Crisis Management
The President of the Federation of Austrian Industries Veit Sorger reaffirms the necessity of austerity and investments of the private sector.
May 19, 2012
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Austrian Stability Pact Signed
The Austrian Federation, the provinces and the municipalities agreed on the stability pact. Until 2016, a zero deficit should be reached.
May 10, 2012
Slight Optimism in Austrian Industrial Sector
For the Federation of Austrian Industries (IV), the stagnation is conquered. Industrial production and employment is growing despite unfavorable macro-economic data.
April 28, 2012
Labor Time: Resistance Against SPÖ´s Plans
The governing Social-Democrats want to reduce labor time. Industrialists, the Chamber of Commerce and FPÖ decline that idea.
April 17, 2012
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Austrian Industry Underlines Austerity Policy
After the rating agency Fitch retained Austria´s triple A, the Austrian industry sees a confirmation of the need for austerity. Finance Minister Fekter emphasized to push for further reforms.
April 17, 2012
Call for Structural Reform of Social Policy
The Federation of Austrian Industries reaffirms the high non-wage labor costs and intends to raise efficiencies in the health sector. The retirement age would be too low.
April 12, 2012
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Austrian Real Estate Market is “Sold Out”
The boom of Austrian property prices does not end. Prices for one-family houses were up by 6.4% on average.
March 20, 2012
„The Public Sector Does not Get Enough“
Klaus Pöttinger, President of Upper Austria´s IV takes Switzerland as model. Taxes would be too high, efficiency of the public sector is too low, he says.
March 9, 2012
Austerity Package: Sorger Misses Reforms
The President of the Federation of Austrian Industries (IV), Veit Sorger, sees a massive lack in structural reforms. The austerity package is a “missed opportunity”.
March 3, 2012
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Austrian Economy Appreciates Serbian Approach to EU
Serbia officially became candidate for the EU-access. Christoph Leitl, President of the Austrian Chamber of Commerce, emphasized the importance of the “European perspective” for Serbia.
March 2, 2012
Fekter: „Austerity Package is Structural Reform Package“
In spite of criticism by economists, for the Austrian Minister of Finance, the austerity package is a “big success”.
February 20, 2012
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Retirement Plan: „Austria is Negative Example“
The Federation of Austrian Industries (IV) argues that Austria would be a negative example for the sustainability of the retirement plan. Early retirements should be limited, IV claims.
February 17, 2012
Kapsch to Succeed Sorger
The Viennese industrialist Georg Kapsch (52) is said to succeed Veit Sorger (69) as President of the Federation of Austrian Industries (IV).
February 13, 2012
Austerity Package Has Lack in Structural Reforms
The industrialists regard the Austrian austerity package even-tempered. WIFO misses structural reforms.
February 11, 2012
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Sorger „Focusing on Business Location“
The President of the Federation of Austrian Industries, Veit Sorger, reaffirmed the strengthen Austria´s economic competitiveness.
February 4, 2012
Austrian Economy to Stagnate Until Summer
The Federation of Austrian Industries (IV) does not see signs for another recession. In summer, industrialists are optimistic that economic growth accelerates.
January 31, 2012
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Austrian Economy: Slowdown, But No Recession
The Federation of Austrian Industries (IV) says that Austria will not face a recession in 2012. Nevertheless, the economic slowdown is significant.
January 26, 2012
Austerity: Unions Versus Industrialists
The Austrian trade unions want to impose property taxes, the Federation of Austrian Industries seeks cuts in spending.
January 21, 2012
Austrian Economy Pushes for Austerity
In order to prevent new taxes, the Austrian Chamber of Commmerce and the Federation of Industries call for austerity measures.
January 5, 2012
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Sorger Asks For Investments in Education and R&D
The President of the Federation of Austrian Industries (IV), Veit Sorger, calls for future investments.
January 3, 2012
Industry Wants to Suspend Banking Tax
The new capital requirements for banks are criticized by the Federation of Austrian Industries and the research institute WIFO.
December 29, 2011
Austrian Industry Supports Audit Court
For the Federation of Austrian Industries (IV), the administration has to be reformed immediately. Future investments are needed instead of administrative expenses.
December 5, 2011
„Debt Brake“ for Austrian Government
As the Austrian government fears a downgrade of its rating, the coalition partners agreed to install a „debt break“. Reactions are ambiguous.
November 15, 2011
Austrian Government: Sharp Critics from Industrialists
The Federation of Austrian Industries (IV) attacks the government massively. For the industrialists, the new taxation plans are not acceptable.
October 8, 2011
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Austrian Telekom: Social Democrats Warn of „Unfriendly Takeover“
For the executive director of the SPÖ, Günther Kräuter, “a new major shareholder from Egypt or Russia would be problematic.”
September 12, 2011
Federation of Austrian Industries: “No New Taxes!”
The debate about the introduction of property taxes in continues. The Institute of Economic Research (WIFO) approves such taxes.
September 6, 2011
Austrian Companies Looking for Acquisition Targets in Greece
Greece’s debt crisis offers opportunities for Austrian companies. They are especially interested in acquisitions of Greek subsidiaries in the Balkans.
July 25, 2011
Michaelis: “Should Have Sold Postbus”
The CEO of ÖIAG regrets his decision to integrate the bus company into ÖBB. He will be succeeded by Markus Beyrer at the end of June.
June 3, 2011
„Austria Is Losing Its Competitiveness“
The Industrial Association’s president sees a “dramatic deterioration” of Austria’s competitiveness as a business location and criticizes a lack of respect for industrialists.
May 18, 2011
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Industrial Association Demands Modernization of School System
The Austrian Industrial Association emphasizes the role of school and the need for reforming the educational system as the economy already suffers from a skills shortage.
May 17, 2011
Resistance to Privatization Plans
The SPÖ criticized the plans of its coalition partner ÖVP to reduce public participation in order to abate debt.
May 10, 2011
Leitl and Sorger Demand Privatizations
Economic Chamber’s President Christoph Leitl and Industrialists' Association President Veit Sorger spoke in support of privatization at a press conference.
May 5, 2011
"Austria has Lost its Chance"
The labor market opening of Austria for the more recent EU member states comes too late, according to the manufacturing industry.
April 27, 2011
Manufacturing Industry on Pensions: Structural Reform has to be Adressed Urgently
Manufacturing industry representatives were surprised at ÖGB statements. Instead of early retirements, more funds should be freed for future investments.
March 26, 2011
Young Industry on Pensions: Failure of Politicians is "Evidence of Incapacity"
Mitterbauer said: "Austria continues to be a record holder for early retirement, despite the massive and long-term need for action." Inaction is "an affront to the younger generations".
March 19, 2011
Manufacturing Industry Supports Reform of the Energy System
Federation of Austrian Industries: "Energy efficiency has to get back into focus, the development of hydropower is a priority for Austria"
March 17, 2011 · Updated: March 18, 2011; 01:24
Tax Revenue from the Tyrolean Industry is Picking up Strongly
IV (Industrialists Association) President Schretter said: "The manufacturing industry contributes hugely to prosperity; no new burdens for our companies, the costs of green electricity are an enormous burden"
March 15, 2011
Wlodkowski: "Renewable Energy is the Only Road for the Future"
The President of the Chamber of Agriculture calls for the promotion of renewable energies. A "Fossil-lobby" allegedly wants to prevent this.
March 15, 2011
New Sharp Criticism of the Pension System
Austria's Young Industry's opinion on pensions: "politicians can no longer deny reality" There are many known weaknesses in the system.
March 9, 2011
Manufacturing Industry Welcomes Red-White-Red Card"
IV-President Sorger: Innovative immigration system is an incentive for highly skilled workers; the abolition of the quota is a major political location signal.
February 23, 2011
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