Economy: Only 14% of companies are optimistic about the future

With the current rise in prices, two-thirds of the leading Tyrolean companies are assuming an increasing entrepreneurial risk in the coming months. Meanwhile, talks are underway for support measures at the federal level.

TYROL. During the pandemic, Tyrolean industry proved to be a secure mainstay and mastered the challenge. Now, during the Ukraine crisis, however, there is renewed uncertainty. Developments in the energy sector are particularly worrying. Paint on a joint visit to the Tyrolit company in Schwaz Economics Minister Mattle and Labor and Economics Minister Kocher the importance of the companies for stability and security of supply.

The first half of the year brought an upswing

In the first half of the year, Tyrolean companies were able to record a significant economic upswing. There was a good order and booking situation in Tyrol.

“For further economic development, it will be crucial to what extent we can contain the wave of inflation without putting a strain on the economy. The stability of the energy supply at ‘reasonable’ prices must be guaranteed in the coming months without endangering the liquidity of companies.”,

fordert Mattle.
Citizens get direct help, companies and industry need this too, This is the view of the Economics Council.

negotiations at the federal level

Negotiations are currently underway at federal level to ease the burden of high energy prices on companies. It should be one Subsidy for particularly energy-intensive companies give, as well as one electricity price compensation for certain companies affected by European emissions trading.
The energy cost subsidy will mainly benefit small and medium-sized companies and the electricity price compensation will benefit larger companies.

“We are holding intensive talks to finalize the necessary guideline so that we can make the help available to entrepreneurs quickly.”,

said Labor and Economics Minister Martin Kocher.

President of the Tyrolean Federation of Industrialists, Christoph Swarvoski, also underlined the importance of rapid support:

The importance of support for industry and business was also underlined by the President of the Tyrolean Federation of Industry, Christoph Swarovski.

“It must now be acted pragmatically and away from all party politics and the problems can only be solved together. The issue is too serious to make small political change out of it. Thousands of jobs are at stake here in the country.”

Entrepreneurial risk

According to the current economic barometer for 2022, two-thirds of the leading Tyrolean companies state that entrepreneurial risk will continue to increase in the coming months. At the beginning of the year, there were still 56 percent who were optimistic regarding economic development. It is currently 14 percent.
A worrying development, as LR Mattle puts it. That is why it is now all the more important to support companies in the region. Ultimately, the population would also benefit from this.

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