Kraus-Winkler: Energy cost subsidy II secures added value and jobs

2023-10-17 14:25:36

Relief from energy costs strengthens the small-scale tourism industry

Wien (OTS/BMAW) “In view of the high energy prices, the federal government has taken numerous measures in the past to relieve the burden on households and businesses. Especially in times of persistent inflation, we must ensure the competitiveness of domestic companies, including tourism businesses, and strengthen Austria as a business location. With the energy cost subsidy II, we are creating the important relief in energy costs, which also benefits tourism companies,” said Tourism State Secretary Susanne Kraus-Winkler.

Since yesterday until November 2, 2023 Companies can pre-register for the energy cost subsidy II via the Austria Wirtschaftsservice GmbH (aws) website. The application phase for 2023 will – subject to approval by the EU Commission – am 09. November start. In contrast to the energy cost subsidy I, the funding intensity in the lowest level is increased to 50 percent. In addition, the entry criterion of energy intensity is no longer applicable in the first two stages. Cost shares that have already been passed on in prices are excluded from funding.

“The summer season so far has gone well despite challenges with 60.06 million overnight stays (+1.8 percent compared to 2019). The prospects for winter tourism are also more than positive, with 20 million potential guests currently planning a winter holiday in Austria, as shown by the new potential study by Austria archyde news. Tourism is once again proving to be a stable industry in challenging times. This upswing must be continued. With the energy cost subsidy II, we are securing added value in tourism and, in the long term, jobs in the industry,” says Kraus-Winkler.

Questions & Contact:

Federal Ministry of Labor and Economics
Andrea Gesierich, MA
Press spokesperson for the State Secretary for Tourism
+43 1 71100 6300-43
andrea.gesierich@bmaw.gv.at

Federal Ministry of Labor and Economy
Press Department – Economy
press.economy@bmaw.gv.at

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