Austria's Industry Demands Action

Published: 2025-03-07

Austria's new coalition government has unveiled a 211-page program emphasizing consensus and pragmatism.

While the plan includes promising initiatives like renewable energy expansion and reducing bureaucracy, industry leaders, particularly from the paper sector, are calling for concrete actions.

Austropapier President Martin Zahlbruckner highlighted the urgent need for affordable energy and competitive conditions to secure Austria's industrial future.

He stressed that measures like extending electricity price compensation until 2030 are critical, as Austria lags behind 15 EU nations already implementing such policies.

The government’s focus on renewable energy and energy price reduction is welcomed, but clear steps remain absent.

With Austria's industry facing recession, swift and decisive action is essential to safeguard jobs and economic stability.