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Austria

News about Austria: events, facts and developments on tafs uz.

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EU approves 319 million euros in state aid for Infineon's gallium nitride plant in Villach

On October 28, the European Commission approved Austrian state aid of 319 million euros for the modernization of Infineon's plant in Villach, a project worth 1.1 billion euros. The company plans to create the world's first large-scale production of gallium nitride-based power semiconductors on 300-millimeter wafers; completion is scheduled for 2034.

3 min read

Austrian Chancellor threatens veto over EU budget proposal

Austrian Chancellor Christian Stocker said he will not approve the EU's new seven-year multiannual financial framework for 2028–2034 if it exceeds Vienna's 'pain threshold.' He criticized the European Commission's demand for 2,500 additional officials and called on Brussels to cut spending. Germany, the Netherlands, Finland, Sweden and Denmark are also opposed to the plan.

2 min read

Austrian and Swiss women held for more than a year and a half in Niger freed

Austria and Switzerland confirmed the release of their nationals — Eva Gretzmacher (76) and Claudia Abbt (69), kidnapped in 2025 in the Nigerien city of Agadez. The women were handed over to the authorities in Benghazi, Libya; in a video on local TV they thanked Marshal Khalifa Haftar and his son. The circumstances of the release and the kidnappers have not been officially named.

3 min read