Read the latest headlines about bilateral relations in the areas of economy, business, diplomacy, culture and tourism between Austria and its partners
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Vienna's Foreign and Bilateral Relations

Hungary Forces Central European University of US Billionaire Soros to Move to Vienna

In view of the political pressure exerted by the Hungarian government under the proposed amendments to Act CCIV of 2011 on Hungarian National Higher Education, the Central European University (CEU) of US billionaire George Soros feels compelled to look for alternatives. The city of Vienna naturally offers itself as an excellent alternative or supplement. The CEU and the City of Vienna are already in negotiations about a memorandum of understanding (MoU) that would enable CEU to open a satellite campus site in Vienna. The Otto Wagner area at Baumgartner Höhe is being examined as a possible location.

March 16, 2018

TTTech Sets Up Joint Venture in Shanghai to Deploy Key Technology for Autonomous Driving Cars in China

The Vienna-based technology company TTTech and China's largest automotive group Shanghai Automotive Industry Corporation (SAIC) announced a joint venture with the intention to produce an Intelligent Driving Central Controller (iECU), which will be installed on the first China-made intelligent driving vehicle later this year. TTTech holds 49.9 percent in the new joint venture.

March 15, 2018

LGT Group Reports Profit of CHF 283.4 Mln

LGT, the private banking and asset management group owned by the Princely House of Liechtenstein, reported strong net asset inflows and a significant increase in profits for the 2017 financial year. Group profit for the full year rose 23% to CHF 283.4 million. Net asset inflows, excluding acquired assets, amounted to CHF 17.7 billion, which corresponds to organic growth of 12%. As at the end of 2017, assets under management increased by a total of 33% to CHF 201.8 billion.

March 12, 2018

Permanent Mission of Japan to the International Organizations in Vienna, Austria / 在ウィーン国際機関日本政府代表部

Updated address, contact and mission details of the Permanent Mission of Japan to the International Organizations in Vienna, Austria (Ständige Vertretung Japans bei den Internationalen Organisationen in Wien), including its priorities in the nine international organizations where the Permanent Mission of Japan (PMJ) is engaged.

March 12, 2018

Embassy of Japan in Vienna, Austria

Updated address and contact details of the Embassy of Japan in Vienna, Austria (Japanische Botschaft in Wien, Österreich), including Department of Politics and Economics, Consular Department and Public and Cultural Relations Department / Japanese Information and Culture Centre.

March 12, 2018

Austrian Delegation Seeks to Improve Economic and Political Relations with Jordan

An official visit of President Van der Bellen to Jordan will take place from 17 April to 19 April 2018. The delegation to Amman will be accompanied by an economic mission headed by WKO Vice President Richard Schenz. The economic mission of the WKO is the response of an invitation issued some time ago by the President of the Chamber of Commerce of the Kingdom.

March 8, 2018

The OSCE in 2030: Undivided Security in Europe Now More at Risk Than 10 Years Ago

In the Austrian National Defence Academy, the security issue "The OSCE in 2030: Undivided Security in Europe restored?" was discussed in the form of a public panel discussion. At the invitation of the International Institute for Peace (IIP), the Karl-Renner-Institut, the Scientific Cluster for Polemology and Legal Ethics, the FES Regional Office for Cooperation and Peace in Europe (ROCPE), the Austrian National Defence Academy and the ISP Institute for Security Policy, Hannes Swoboda as moderator and the panelists Thomas Greminger, Fyodor Lukyanov, Stephanie Liechtenstein, Alena Kupchyna discussed the hoped-for security policy development of Europe and the OSCE.

March 7, 2018

Mainland Chinese Billionaire Guo Guangchang to Take Over Austrian Asset Wolford AG

Shanghai based Fosun Group through its Hong Kong (Central) vehicle Fosun Industrial Holdings Limited (Fosun) has taken over control of one of Austria's last remaining lingerie assets. According to Wolford, its new strategic core shareholder has agreed to pay at least €36M for a 50.87% majority stake in Wolford AG. Wolford has been struggling with management problems for some time. It also has been loss making for several years. Fosun Industrial Holdings Limited, a subsidiary of Fosun International Limited (British Virgin Islands) is an investment holding company with interests in asset management and entertainment services. Fosun wants full control of the lingerie maker. Upon the closing of the share purchase agreement Fosun intends to launch a takeover offer to the remaining shareholders. Fosun was co-founded in 1992 by Fudan graduate Guo Guangchang who meanwhile became the 34th richest person in China with a net worth of €7 billion.

March 3, 2018

Trevor Traina Looks Forward to Become the United States Ambassador to Austria

Today Mr. Trevor Traina testified before the US Senate Foreign Relations Committee Nomination Hearing. If confirmed, Mr. Traina is to become the next Ambassador Extraordinary and Plenipotentiary of the United States of America to Austria. Traina: I am humbled to be President Trumps nominee to be the United States Ambassador to Austria. If confirmed, his grandmother, who just celebrated her hundredth birthday and who is the widow of his late grandfather Wiley T. Buchanan Jr. (who also served as U.S. ambassador to Austria), would have the confusing honor of being the wife and the grandmother of the Ambassador to Austria.

March 1, 2018

Embassy of the Principality of Liechtenstein in Austria

Updated embassy and consulate contact details of the Embassy of the Principality of Liechtenstein in Vienna. Aktualisierte Botschafts- und Konsulatskontaktdetails der Botschaft des Fürstentums Liechtenstein in Wien.

March 1, 2018

Embassy of Austria in the Principality of Liechtenstein

Updated embassy and consulate contact details of the Embassy of Austria in the Principality of Liechtenstein. Aktualisierte Botschafts- und Konsulatskontaktdetails der Österreichischen Botschaft im Fürstentum Liechtenstein.

March 1, 2018

Embassy of Austria in Islamabad, Islamic Republic of Pakistan

Updated embassy and consulate contact details of the Embassy of Austria in Islamabad, Islamic Republic of Pakistan. Aktualisierte Botschafts- und Konsulatskontaktdetails der Österreichischen Botschaft in Islamabad, Pakistan.

March 1, 2018

Austrian Airlines to Hire 600 New Employees, to Fly to Tokyo and Cape Town

Close to 12.9 million passengers flew with Austria’s national carrier last year, comprising a rise of 12.8 percent compared to the previous year. In 2018 the airline plans the integration of another long-haul aircraft, a Boeing 777-200 jet, in its fleet. It is planned to hire 150 employees just to operate this one new aircraft. In total about 200 pilots, 300 flight attendants and 100 employees in the fields of aircraft maintenance and ground handling will be hired. The additional capacity will enable Austrian Airlines to expand its intercontinental route network to Japan and South Africa.

March 1, 2018

Chancellor Kurz Visits President Putin: "The situation in Syria is dramatic"

Austrian Chancellor Sebastian Kurz traveled to Moscow to meet Vladimir Putin. The focus of the trip was a working meeting with the Russian President, with whom Kurz discussed, among other things, the bilateral relations of both countries, the relationship between Russia and the EU, the Ukraine conflict and the current situation in Syria.

February 28, 2018

The Western Balkans Remain a Priority of Austrian Foreign Policy

Because of a common history and the tradition of political, cultural and economic relations, Austrian foreign policy has always attached particular importance to the Western Balkans. The primary goal of Austrian foreign policy is to support the transformation of the Western Balkans area into a zone of stability. From the Austrian perspective there is only one option for the Western Balkans: a full European integration of the region. However, the political commitment from the regions' leaders is expected.

February 28, 2018

Meet the New Ambassador of the Kingdom of Spain in Austria: Juan Bautista Sunye Mendia

Updated background details of Mr. Juan Bautista Sunye Mendia, the current Ambassador of the Kingdom of Spain in Austria.

February 23, 2018

Federal President Widow Margot Klestil-Löffler Designated to Become Special Envoy to Russia and China

Due to tensions in the CEI Central European Initiative in Trieste between the Italian diplomat Giovanni Caracciolo di Vietri as CEI Secretary General and his deputy Margot Klestil-Löffler, it is rumored that the Foreign Office must find a new job for Klestil-Löffler. This is what the daily "Der Standard" writes in its Thursday issue.

February 23, 2018

KTM to Manufacture Motorcycles in China

The Upper Austrian motorcycle manufacturer KTM plans to produce motorcycles in China from 2020/21 as well. Currently KTM manufactures at the company headquarters in Upper Austria (Mattighofen), as well as together with the partner Bajaj in India (Pune).

February 23, 2018

How do Russian Politicians and Oligarchs Withdraw their Money from Austria?

The Russian money nobility has begun to repatriate large amounts of its western-hoarded money back to Russia in order to deprive it of access by Western authorities. The countries of origin are above all Switzerland, but also Austria and Great Britain. Sberbank, Russia's largest and state-owned bank, speaks of an atypically high capital inflow to Russia. Within a few weeks, a tripling of such repatriation transactions took place compared to the same period of the previous year. The sum is hundreds of millions of dollars. The average transfer amount has increased within a year by 50% to 3 million dollars. This meets with the Kremlin's desire to repatriate Russian assets.

February 22, 2018

IIASA Builds Bridge through Science with Israel

The Laxenburg based international research organization IIASA (International Institute for Applied Systems Analysis) has recently announced that Israel has become its newest member country. Israel joins 24 other countries whose National Member Organization’s representatives constitute the IIASA Governing Council. Israel has established the Israel Committee for IIASA - made up of representatives from Israeli universities, government ministries, and the public - to represent the Israeli membership of IIASA.

February 19, 2018

Embassy of the Kingdom of Spain in Vienna, Austria

Updated address and contact details of the Embassy of the Kingdom of Spain in Vienna, Austria

February 14, 2018

Telekom Austria AG / Results for the Full Year 2017

Telekom Austria Group announces its results for fourth quarter and full year 2017, ending 31 December 2017. Group total revenues rose by 3.0% on a proforma basis (reported: +4.1%), EBITDA increased by 2.0% (rep.: +3.2%). Revenue increase driven by growth in fixed-line service revenues and equipment revenues, while mobile service revenues were lower due to roaming; the revenue increase was driven by all markets except for the Republic of Macedonia.

February 13, 2018

Meet the New Ambassador of the Republic of Benin to Austria: H.E. Mr. Eloi Laourou

The new Ambassador of the Republic of Benin to Austria Eloi Laourou presented President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.

January 9, 2018

Meet the New Ambassador of the Republic of Burundi to Austria: H.E. Ms. Else Nizigama Ntamagiro

The new Ambassador of the Republic of Burundi to Austria Else Nizigama Ntamagiro presented President Alexander Van der Bellen with her letter of accreditation at the Vienna Hofburg.

January 9, 2018

Meet the New Ambassador of the Republic of Niger to Austria: H.E. Ms. Fatima Sidikou

The new Ambassador of the Republic of Niger to Austria Fatima Sidikou presented President Alexander Van der Bellen with her letter of accreditation at the Vienna Hofburg.

January 9, 2018

Meet the New Ambassador of the Socialist Republic of Vietnam to Austria: H.E. Mr. Le Dung

The new Ambassador of the Socialist Republic of Vietnam to Austria Le Dung presented President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.

January 9, 2018

Meet the New Ambassador of the Republic of the Philippines to Austria: H.E. Ms. Maria Cleofe Natividad

The new Ambassador of the Republic of the Philippines to Austria Ms. Maria Cleofe Natividad presented President Alexander Van der Bellen with her letter of accreditation at the Vienna Hofburg.

January 9, 2018

Meet the New Ambassador of the Republic of Côte d'Ivoire to Austria: H.E. Mr. Roger Albéric Kacou

The new Ambassador of the Republic of Côte d'Ivoire to Austria Roger Albéric Kacou presented President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.

January 9, 2018

Meet the New Ambassador of the United Republic of Tanzania to Austria: H.E. Mr. Abdallah Saleh Possi

The new Ambassador of the United Republic of Tanzania to Austria Abdallah Saleh Possi presented President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.

January 9, 2018

Meet the New Ambassador of the Federal Democratic Republic of Nepal to Austria: H.E. Mr. Prakash Kumar Suvedi

The new Nepalese Ambassador to Austria Prakash Kumar Suvedi presented President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.

January 9, 2018

Meet the New Ambassador of the Republic of Singapore to Austria: H.E. Mr. Heng Wing Chan

The new Ambassador of the Republic of Singapore to Austria Heng Wing Chan presented President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.

January 9, 2018

Embassy of the Republic of Zimbabwe in Vienna, Austria

Updated address and contact details of the Embassy of the Republic of Zimbabwe in Vienna, Austria. (Updated Consular Section information please see below.)

January 2, 2018

Changes in the Supervisory Board of Aircraft Component Manufacturer FACC

Board member Mr. Wang Xuejun will be replaced by Ms. Li Li as a new member of the Supervisory Board of FACC AG. She will be delegated by FACC International Company Limited, Hong Kong, which holds a stake of 55.5% of the total of Xi’an Aircraft's stake of 91,25 %. Ms. Li is currently Director of Accounting at the Xi'an Aircraft Industry Group. She holds a law and economics degree from Zhongnan University. She also obtained an MBA from Missouri State University Branch Campus Dalian in the People's Republic of China.

November 20, 2017

Strabag Secures Orders in Poland for 170 Million Euros

Austria's largest construction group has received orders worth 170 million euros in Poland. The General Directorate for National Roads and Motorways (GDDKiA) awarded three road contracts to the Polish subsidiaries of Strabag, said the listed company in a release.

October 31, 2017

Andritz Receives 90 Million Euros Order for Power Plant Renewal in Canada

The listed technology group Andritz has landed a major order for the renovation of a hydroelectric power station in Canada. "The order value is over 90 million euros," said Andritz by press release. The Styrian company will therefore renew six of the eight turbine units of a power plant in the province of Saskatchewan for the Canadian electricity supplier SaskPower.

October 31, 2017

Lenzing AG / Lenzing Opens New Application Innovation Center in Hong Kong

The Lenzing Group is setting a further milestone in intensifying its cooperation with the partners along the value chain by its opening of a new Application Innovation Center (AIC) in Hong Kong. New applications for Lenzing fibers will be developed and tested at the new facility, among them applications for recent innovations like the RefibraTM branded lyocell fiber and the EcoVeroTM branded viscose fiber.

September 12, 2017

RHI Sells Production Sites in Italy and Spain to Unnamed European Refractories Supplier

The planned combination of RHI AG with the Brazilian Magnesita was approved by the European Commission on June 28, 2017 subject to conditions. Today, RHI signed a contract with a European refractories supplier regarding the sale of its dolomite business in the European Economic Area. The sale consists of the production sites in Marone, Italy, and Lugones, Spain. The contribution to revenue of the two RHI plants amounted to roughly EUR 50 million in the financial year 2016 and represents roughly 3% of the Group's revenue in the year 2016.

September 8, 2017

Moody's Lifts Outlook for Austrian Banks

Moody's lifts outlook for Austrian banks on positive, because the economic recovery in Austria makes it possible to improve the outlook for domestic banks.

August 24, 2017

Goals of Austria's OSCE Chairmanship 2017

Germany will chair the OSCE until the end of December and will then hand over to Austria in 2017. Austria will promote greater security and stability as well as the preservation of common values within the OSCE region.

August 31, 2016

Social Progress Index: Austria Ranked 13th

Austria has been ranked 13th by NGO Social Progress Imperative, in its Social Progress Index ranking. It precedes Japan and Germany and scored many points thanks to renewable energy projects. However, the state reveals shortages with respect to education, tolerance and equal opportunities. Nordic states, such as Finland, Canada and Denmark lead the index.

July 25, 2016

What Role Should the OSCE Play in the Refugee Issue?

Possible roles for the OSCE in the context of the migration and refugee flows across the OSCE area were discussed at a special meeting of the Permanent Council in Vienna. The OSCE Permanent Council is one of the main regular decision-making bodies of the Organization bringing together representatives of all 57 OSCE participating States and the 11 Partners for Co-operation.

July 21, 2016

Indian Ministry of Railways Discusses India-Austria Railway Cooperations

The Indian Minister of Railways, Shri Suresh Prabhu paid a visit to Austria. In an event organized by the Chamber of Commerce H.E. Mr. Prabhu met with CEOs and Austrian Railway Companies to discuss possible further India-Austria cooperations in the field of railways technology.

July 21, 2016

Austrian Ministerial Council Approves EUR 1.5 Mln for Iraq Humanitarian Aid and Resettlement

The Austrian Ministerial Council approves 1.5 million euros in funding for humanitarian aid and resettlement in Iraq. The humanitarian aid for the population in need on the ground and measures aimed at promoting resettlement are supposed to contribute towards managing the refugee crisis.

July 15, 2016

Austria Takes Over OSCE Chairmanship: "Need for Decisive Action!"

In his first address to the OSCE Permanent Council as incoming OSCE Chairperson-in-Office, Austria’s Minister of Foreign Affairs Sebastian Kurz said that the fight against radicalization will be the main priority of Austria’s 2017 OSCE chairmanship. In first address to OSCE Permanent Council, incoming Chairperson-in-Office Austria’s Foreign Minister Kurz, stresses

July 14, 2016

New "Open Austria Initiative" Supposed to Open Doors to Silicon Valley

Foreign Ministry and Austrian Economic Chamber open joint office in California to support Austrian companies and pave their way for success in Silicon Valley.

July 14, 2016

Best Gaming Technology Acquired by Rival Playtech

Vienna-based maker of software for self-service betting terminals Best Gaming Technology (BGT) has been acquired by UK gambling software group Playtech for €138m. Playtech holds the option to purchase the remaining shares for up to €55m from Armin Sageder, the company’s founder and chief executive.

July 14, 2016

OSCE: "Reliable, Affordable and Sustainable Energy Supplies are Prerequisite for Stability and Security"

Energy experts from the OSCE Mediterranean Partners for Co-operation, representing both government institutions and private sector companies, will begin a week-long field study of sustainable energy in Austria and Germany.

July 12, 2016

Western Balkans Summit was Held in Paris

Following the 2014 Western Balkans Summit in Berlin and the Vienna Western Balkans Summit of August 2015, the third Western Balkans Summit was held in Paris in the context of the ‘Berlin Process’. More than 500,000 of the people with migration background who live in Austria are from the region. Austrian companies have hundreds of branches or subsidiaries in the Western Balkans, which clearly illustrates the very close economic relations.

July 8, 2016

Western Balkans Countries Discussed Investment, Jobs and Integration in Vienna

The World Bank and the Vienna Institute for International Economic Studies (wiiw) held a high-level policy dialogue on ‘Investment, Jobs and Integration’ last week. Ministers and senior officials from the Western Balkans region as well as policy experts from international organisations and the business community gathered to discuss the challenges the region is currently facing, in particular the high unemployment rate, low international competitiveness, and lack of modern infrastructure.

July 8, 2016

Vienna Insurance Group Buys AXA Subsidiaries in Serbia

Vienna Insurance Group (VIG) is acquiring AXA’s life and non-life companies in Serbia. The purchase will increase VIG’s market share in Serbia to around 11.5 percent.

July 7, 2016