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Austria The Federation of Austrian Industrialists
The principal private-sector organization is the Federation
of Austrian Industrialists (Vereinigung Österreichischer
Industrieller--VÖI), founded in 1941. In the late 1980s, its
membership consisted of about 2,400 firms employing about 420,000
persons. Although the VÖI does not have the legal status of the
Federal Economic Chamber, it occupies one of that chamber's two
seats on the Social and Economic Affairs Committee of the Parity
Commission for Prices and Wages (commonly known as the Parity
Commission). Because the VÖI represents the interests of most
large-scale private-sector industry, it essentially controls the
industry sector of the Federal Economic Chamber. It also deals
directly on behalf of its members with the appropriate ministries
and committees of the Nationalrat. Like the chambers, the VÖI
submits recommendations on proposed legislation. It is also
active in handling relations between domestic industries and
foreign industrial associations.
Data as of December 1993
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