Family businesses in Linz: Concern about Austria as a business location
In Linz, numerous representatives of Austrian family businesses recently met to discuss the current economic situation. The focus of the event was the question of how the domestic economy can remain competitive in the future.
Many entrepreneurs expressed clear criticism of Austria as a business location. They primarily complain about high bureaucratic hurdles, high non-wage labor costs, and a shortage of skilled workers. These factors make it difficult for companies to plan and invest successfully in the long term.
Despite the so-called "location frustration," the family businesses are also looking ahead. The participants exchanged ideas intensively on strategies to meet the challenges of digitalization and global competition. Innovation and a strong regional presence were cited as key strengths.
The event, held under the motto "5 to 12," made it clear that companies are demanding clear political framework conditions. They want more support to secure the business location for the next generation and to strengthen the competitiveness of Austrian industry.