“I am a representative of an open discourse, seek dialogue and communicate clearly and unambiguously” – this is what Stefan Pierer promises for his new role as President of the Federation of Austrian Industry. On his first appearance, the KTM boss made no secret of how challenging the current situation is for the economy.
The war in Ukraine, disrupted supply chains, rising energy costs, inflation — “we are in the eye of the typhoon,” said Stefan Pierer, describing the current challenges facing domestic businesses.
As expected, the KTM boss was elected the new president of the Upper Austrian Federation of Industry on Monday afternoon. His first official appearance came at 6 p.m. as part of a press conference in which he highlighted the concerns of the domestic industry – not only about energy and the stagnant supply of electronic chips, but also about skilled workers. .
“Immigration Needed”
“We need the immigration of people from outside Europe,” emphasized Pierer, who has hopes for the planned reform of the red-white-red card. About the requirements for a four-day work week and the like, he said: “We are experiencing a turning point here. The perception of where wealth comes from has been lost.”
Speaking to the EU, the entrepreneur stated: “Decarbonisation has to happen, but we believe we have to save the global climate.”
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
