How Brussels wants to ignite the competition turbo

by Andrea
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Amag, Voestalpine, Wienerberger, Fronius and many other domestic industrial companies suffer from the stuttering economic booth. But not only you, but also many medium -sized companies and businesses hit the doldrums. The signs are currently not on real relaxation. Robert Holzmann, Governor of the Austrian National Bank (OENB), recently outlined the prospects in Vienna. The likelihood of a third year of recession is “not at zero,” he said. “When I look at the external area, it doesn’t look so good. I don’t know where the thrust could come from.” In fact, Austria’s most important trading partner, the heavyweight Germany, is fighting against a shrinking economy. Industry representatives and politicians warn and there warn more and more about impending dein industrialization.



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