Austria Opens Peer-to-Peer Electricity Sharing in October, Cheaper Grid Fees Expected From 2027

From October, people in Austria who generate their own electricity can share it directly with others under peer-to-peer (P2P) contracts, without setting up a company or association. The new peer-to-peer electricity sharing option comes with the country’s new Electricity Act (ElWG). Cheaper grid fees for these contracts are expected only from More...

Business Groups See Economic Boost From Google’s Kronstorf Data Center
Following the historic groundbreaking of Google’s first-ever Austrian data center earlier this year, Upper Austria’s leading economic organizations have issued a joint call to leverage the multi-billion-euro More...

Austria Tax Guide 2026: Income Tax, Rates & What Foreigners Need to Know
This Austria tax guide 2026 breaks down what you actually owe once you’re living and working here. Holding a visa, an Austrian residence permit, or citizenship settles where you can live, not what you owe More...

Severe Hailstorm Destroys Styrian Garden Center, Forcing Cancellation of Fall Season
A severe late-summer hailstorm striking Styria’s Weststeiermark region has left one of the area’s most prominent horticultural operations in ruins, causing millions of euros in structural and crop destruction. Gärtnerei More...

Ex-Kika/Leiner CEO Held in Pretrial Detention Over Alleged €16.1M Fraud
In a major legal escalation following the downfall of one of Austria’s largest retail chains, the former managing director of collapsed furniture company Kika/Leiner has been remanded into criminal pretrial detention More...

EU Packaging Regulation Takes Effect in Austria: New Rules Target PFAS and Coffee Capsules
A major overhaul of European environmental law took direct effect across Austria as the landmark EU Packaging and Packaging Waste Regulation (PPWR) became fully applicable. Replacing decades of fragmented national More...

Austria–Kazakhstan Talks Focus on Maritime Security and Vital Oil Imports
Senior diplomatic representatives from Austria and Kazakhstan held key bilateral talks to address international maritime security and safeguard the continuity of Kazakh crude oil exports to European markets. The More...

One in Four Austrian Industrial Firms Considering Moving Operations Abroad, Survey Finds
A quarter of Austria’s industrial companies are now considering relocating part of their production, procurement, or distribution abroad within the next two years, according to a new survey from the Austrian More...

Austria’s New Further-Training Leave Scheme Approves 550 Applications in First Two Months
Austria’s redesigned further-training leave program, Weiterbildungszeit, has approved 550 applications since it launched on June 8, according to figures the Arbeitsmarktservice (AMS) provided in response More...

Upper Austria’s Insolvencies Climb Faster Than National Average as Private Bankruptcies Surge
Upper Austria’s economy showed more strain than the rest of the country in the first half of 2026, with both corporate and private insolvencies rising faster than the national average, according to a new More...
