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IV Federation of Austrian Industries
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Austria and the Indecision for the Gas Embargo
The war in Ukraine has been raging for two months. To stop Russia, a great many countries have imposed tough sanctions on Russia. Many European countries and the U.S.A. want to impose a gas embargo on Russia. Austria is still very cautious about this step.
May 3, 2022
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Opportunities for Businesses in India and Austria
The Ambassador of India to Austria, H.E. Jaideep Mazumdar, and the President of the Federation of Austrian Industries discuss collaboration between Indian and Austrian companies.
July 19, 2021
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Powerful Federation of Austrian Industrialists Has a New President
The Federation of Austrian Industry, the lobby of 4,200 voluntary members and owners of Austrian industrial and industry-related companies, has elected a new president in Georg Knill.
June 19, 2020
War for Global Telecom Infrastructure Supremacy: Vienna first EU Capital with Area-wide 5G Network
While the Third World War is raging backstage between the USA and China for world supremacy in 5G infrastructure, Huawei wins another milestone in Vienna. Digital City Councilor Peter Hanke has set the goal "Vienna should become the first city in Europe with a complete 5G network". The city is supporting the network expansion with 20 million euros.
May 18, 2020
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Corona Package of EUR 500 Mio to Relief the Catering Industry
The Austrian coalition government today introduced a bill in the National Council that specifies the tax relief for the catering and restaurant industry. The tax on sparkling wine will fall and the value added tax on non-alcoholic beverages will be reduced.
May 13, 2020
The Austrian Leadership Program Draws International Alumnis to Austria
The current round of the Austrian Leadership Program (ALPS) was dedicated to deepening and expanding existing contacts.
October 16, 2019
Federation of Industries Warns Against Wrong Location Policy Decisions
In the context of the current election discussions, the Federation of Austrian Industries (Industriellenvereinigung) appeals to the political rationality of all parties with regard to location not to take short-sighted and ill-considered decisions.
September 20, 2019
Federation of Industries: “Industrial Compact“ for European Competitiveness
The Austrian Federation of Industries (IV) considers the EU entry of Austria as the basis of prosperty and economic growth in the past years. However, now reforms are required to catch up to a global level.
May 5, 2014
Industrial Location Austria Losing Attractiveness
Among other things, labor costs and energy prices are too high, according to the Austrian Federation of Industries.
April 16, 2014
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Austria: IV Welcomes Government‘s Decision on Hypo
According to Kapsch, president of IV, Hypo Group’s insolvency would have meant uncertainty and damages to the reputation of the business location Austria.
March 14, 2014
Hypo Group: Decision about Future Delayed
The decision about the future of Austrian problem bank Hypo will be delayed.
February 28, 2014
Austrian Industrial Sector only Sees Weak Recovery
The Federation of Austrian Industries (IV) warns about a fragile economic recovery.
January 30, 2014
Austria: Kapsch Delivers Warning to Policy-Makers
Georg Kapsch, President of the Federation of Austrian Industries (IV), is very cautious about economic growth in Austria and warns the policy-makers of a budget consolidation on the basis of expectations of growth.
December 27, 2013
Austrian Business Location in Danger?
The Federation of Austrian Industries (IV) has carried out a survey on the Austrian business location. Most interviewees are pessimistic.
December 14, 2013
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Austria: High Tax Country
According to the new tax report of PrinceWaterhouseCoopers (PwC), the tax burden in Austria is ten percent higher than the average tax rate in the European Union and even beats Sweden.
November 19, 2013
Federation of Austrian Industries Urges for Reforms
IV (Federation of Austrian Industries) has high hopes. The next Austrian government has to implement a number of reforms, IV´s President Georg Kapsch says.
October 12, 2013
Keuschnigg Advises Austria to be Patient
According to Keuschnigg it was not possible to increase the core capital quota of the banks to the level necessary or to reduce public debts by 120 percent in two years only.
October 4, 2013
Austria: Struggling to Keep up with Economic Growth and Competitiveness
IV demands overhaul of funding policy by the government so that Austria will improve in international competitiveness.
October 1, 2013
Austria: IV Warns Policy-Makers
The Federation of Austrian Industries (IV) considers the low voter’s turnout as an alarming sign.
September 30, 2013
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Austria: Kapsch Demands Reform Agenda From New Government
Georg Kapsch, President of the Federation of Austrian Industries (IV) demands the next federal government to introduce a comprehensive reform agenda.
September 27, 2013
Kapsch: Enormous Problems at Austrian Business Location
President of Federation of Austrian Industries (IV) Georg Kapsch confirms the criticism voiced by President of the Austrian Chamber of Commerce (WKO) Christoph Leitl and several other politicians by the Austrian People’s Party (ÖVP).
August 28, 2013
Austria Suffers from Company Exodus
Due to the relocation of businesses, the Austrian state has lost tax intake of € 1.3bn since 2008. The Austrian group taxation model must not be abolished experts of the Austrian Ministry of Finance say.
July 22, 2013
Federation of Austrian Industry Defends Group Taxation
The Federation of Austrian Industry (IV) argues that the Austrian business location would be endangered without the group taxation.
July 20, 2013
EU Commission: Action Plan for Steel Industry in Europe
During his visit to Linz, EU Commissioner for Industry and Entrepreneurship Antonio Tajani announced measures for the steel industry in Europe.
May 7, 2013
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Austria: Will Holidays on Thursdays be Abolished?
Minister of Infrastructure, Bures and President of IV announced to discuss the matter.
April 10, 2013
Austria: How to Finance Future Innovations
„Austria’s Future Needs Innovation” was the title of a discussion organized by the Research Council, the Austrian Institute of Technology (AIT) and the Federation of Austrian Industries (IV).
April 9, 2013
Financial Transactions Tax: Austria Expects Tax Intake of € 500m
The Austria government is optimistic to reach the fiscal goal. The Federation of Austrian Industries (IV) warns of detrimental effects for the real economy.
February 16, 2013
Austrian Governing Parties Disagree on EU Budget
The Austrian people´s party (ÖVP) has criticized Federal Chancellor Werner Faymann (SPÖ). The social democrats argue that the coalition partner ÖVP has “no team sprit”.
February 11, 2013
“Not Enough Support for Growth and Competitiveness“
Georg Kapsch, President of the Federation of Austrian Industries criticizes that the EU budget does not contain enough future investments.
February 9, 2013
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OeNB: Austrian Banks Remain Cautious
According to Austrian National Bank, the Austrian banking industry tends to keep the strict lending policy in the corporate banking sector.
January 30, 2013
“Austria Becomes More Vulnerable to Recessions“
Christoph Neumayer, secretary general of the Federation of Austrian Industries (IV), argues that the low investments may cause a recession.
January 29, 2013
Austrian Industry Against Short-Time Work
According to IV (Federation of Austrian Industries), short-time work is too expensive.
January 8, 2013
Austrian Industry: „Cutting Non-Wage Labor Costs!“
The Federation of Austrian Industries (IV) suggests boosting employment by reducing non-wage labor costs.
January 5, 2013
Austrian Industry Calls for Flexibilization of Short-Time Work
Austrian businesses expect that short-time work may return. Three years ago, the
December 4, 2012
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Austrian Industrial Federation Wants Higher VAT
Georg Kapsch, President of the Federation of Austrian Industries (I) calls for a VAT increase. The VAT rate remains unchanged at 20% of decades.
November 23, 2012
Austrian Industry: Downward Trend Continues
According to IV (Federation of Austrian Industries), the industrial production is stagnating. A trend reversal is not foreseeable. Pessismism is growing and unemployment will grow substantially.
October 22, 2012
Austrian Industry Reaffirms: „We need structural reforms”
The President of IV (Federation of Austrian Industries) Georg Kapsch argues that more justice cannot be achieved with new taxes.
October 13, 2012
“Austria´s Capital Market Needs Reforms”
The Federation of Austrian Industries (IV) calls for increasing the attractiveness of the Austrian capital market.
October 9, 2012
Austrian Socialists Call for New Taxes
The governing SPÖ wants to introduce new property and inheritance taxes.
October 4, 2012
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Fekter Against Property Taxes
The Austrian Minister of Finance Maria Fekter (ÖVP) would support an income tax reform. Property taxes would not be acceptable, she says.
September 29, 2012
Austrian Industry Claims Tax Cut
The Federation of Austrian Industries (IV) wants a tax relief. In the coming years, the tax quota should be reduced to 38%.
September 20, 2012
„Banking Union Must Not Become Burden for Real Economy“
The Federation of Austrian Industries (IV) underlines that the banking union must be competition-neutral. Above all, the real economy must not face liquidity constraints, IV says.
September 13, 2012
Austrian Industry Promotes Employment of Older Workers
The Federation of Austrian Industries (IV) argues that the state budget may reduce pension costs by € 7.4bn if the reforms of Germany were implemented in Austria too.
August 29, 2012
Kapsch: “We Cannot Risk the Welfare State”
At the Alpbach Meeting, the President of the Federation of Austrian Industries (IV) Georg Kapsch underlines the necessity of competition. The
August 28, 2012
Real Income Development: Austrian Central Bank Opposes to UBS
According to OeNB (Austrian Central Bank), real income rose by 12.2% from 2000 to 2010. UBS recently published a study, which reported that the real income fell by 25%.
August 23, 2012
Kapsch Sees Austria´s Main Problem in Education Sector
In the last years, Austria fell behind in all competitive rankings. For the President of the Federation of Austrian Industries Georg Kapsch, education is the key factor.
August 22, 2012
Is the Euro Bad for Austria?
According to UBS, the Austrian real income was down by 35% since 2000. The introduction of the euro is the main reason, UBS says. UniCredit and the Federation of Austrian Industries oppose to the study.
August 22, 2012
IV Emphasizes: „New Taxes Harm Growth and Jobs“
Georg Kapsch, President of the Federation of Austrian Industries (IV), calls for growth stimulating measures. The industrial sector is the growth engine for Austria, he argues.
August 17, 2012
New IV´s President Dissatisfied with Political System
The corruption scandals oft he past would damage Austria´s reputation as business location, Georg Kapsch thinks.
June 23, 2012
New IV´s President: „Down With Taxes!“
Today, Georg Kapsch became the new President of the Federation of Austrian Industries. In order to create growth, taxes and regulations should be cut.
June 21, 2012
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