Business

Energiewende – “Must rely on innovation”

The Renewable Expansion Law (EAG) has been in place since Thursday. It is intended to regulate the framework conditions in order to supply all of Austria’s electricity needs from renewable energy by 2030. But it is also a location and an innovation package, said Magnus Brunner (ÖVP) at the presentation. One billion in funding is […]

Business

Textile industry – Lenzing boss: “Disturbing picture”

The textile fiber producer Lenzing is currently anything but well listed on the Vienna Stock Exchange. The mask scandal surrounding Hygiene Austria, a company operated jointly with the laundry manufacturer Palmers in Wiener Neudorf, which is being investigated for serious commercial fraud and illegal work, is seriously scratching the reputation of the Upper Austrian global […]