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China in Austria | Chinese in Vienna | Bilateral Relations
Austria and China - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
Austrian Textile Industry is Optimistic
The Austrian Chamber of Commerce sees a positive development in the domestic textile industry, especially in the export sector.
September 12, 2011
Austrian Foreign Trade Rising Significantly
January to June 2011: Austrian imports rose by almost 19%, Austrian exports increased by more than 17%
September 6, 2011
ZKW Expands Rapidly
The Austrian component supplier raises its production significantly. A new factory site in China has been opened.
September 5, 2011
Lenzing Nanjing Starts Up New Fiber Production Line
With the opening of the new line, the Austrian fiber manufacturer almost doubled its production capacity in China to 140,000 tons per year.
August 16, 2011
S&T Deeper in the Red
The IT service provider recorded higher losses in the first six months of 2011. The Austrian workforce has been reduced by one third since October.
August 10, 2011
Zhengzhou Acquires Plant in Upper Austria
The Chinese state-owned company takes over a textile machine factory in Linz from Swiss Oerlikon.
August 9, 2011
Emerging Markets Boosting FACC
The Austrian aircraft component manufacturer relies on joint ventures in order to benefit from strong growth in emerging markets.
June 20, 2011
Shopping Tourism: Asian Visitors Spending Heavily
Russia remains the top shopping nation while Asian tourists' spending is increasing significantly.
June 14, 2011
FACC: New Production Plant in China
The Austrian aircraft component manufacturer is planning the construction of a new site and considering going public soon.
May 23, 2011
Optimism at AT&S
The Management Board expects developments of the increasing prevalence of electronic systems in everyday life to deliver above-average benefits for the AT&S Group.
May 6, 2011
Austria's Current Account: Net Income 2.7% of the GDP
Austria's current account achieved a surplus of € 7.8bn or 2.7% of the GDP in 2010. The domestic economy was thereby able to prove its high competitiveness.
May 5, 2011
FACC Reports Substantial Rise in Earnings
FACC AG returned to its planned rate of growth during the past fiscal year by virtue of strong operational business developments. Revenue rose 8% to € 272 m (previous year: € 251 m).
April 30, 2011
Andritz Defends Itself against the Greens
The Austrian technology group rejects vehemently the accusation of the Greens concerning the alleged sale of nuclear technology to Pakistan.
April 6, 2011
FACC Expands Austrian Establishment
The Chinese aircraft component group accelerates the pooling of development activities at the Upper Austrian establishment.
April 5, 2011
Strong Year 2010/11 for Keba
The automation company has seen strong revenue growth in the previous year. The growth outlook is positive thanks to new markets.
April 2, 2011
AT&S Expands in China
The Austrian electronics company plans to build a € 500m factory in China.
March 24, 2011 · Updated: March 24, 2011; 01:46
Lenzing: Demand is Greater than Capacity
The Upper Austrian pulp producer finds it difficult to cope with the growing demand. Further works are planned.
March 15, 2011
WKÖ Leads Austrian Education Exporters to China
WKÖ Secretary-General Hochhauser: Hong Kong continues being the gateway to China; Austrian exports rose to over € 500m.
March 12, 2011
FACC is Considering Going Public in Asia
The Austrian aircraft component manufacturer could soon be listed on the stock exchange in China.
March 11, 2011
AWO Presents Business Opportunities for Austrian Companies in China
Big opportunities in consumer goods & lifestyle, plastics and automotive industries were informed in Vienna, Linz and Graz by Außenwirtschaft Österreich (AWO, Foreign Trade Austria).
March 11, 2011
Major Order from China for Emco
The A-Tec's subsidiary Emco has receaved an order from China for € 7m.
March 8, 2011
AT&S Expands
The Austrian technology company AT&S lays foundations for further extension of high-end PCB market leadership.
March 2, 2011
VBI: Purchase by Sberbank is Looming
The sale of the Eastern European holding company of the Austrian ÖVAG is taking shape. Even Chinese investors are interested.
February 25, 2011
Kapsch: In-sourcing from China to Austria
The Viennese Kapsch CarrierCom brings the production of GSM systems from China back to Austria.
February 19, 2011
Red Bull Intends to Double Sales
The Austrian energy drink producer plans a period of strong growth for the next eight years.
February 15, 2011
Magna Pushes its Presence in Emerging Markets
The Austrian-Canadian automotive supplier intends to expand its international presence in the BRIC countries.
February 12, 2011
A-Tec: Bad News from China
Because of a joint venture gone insolvent in China in 2008, there are unpaid claims for about € 15m against the Austrian A-Tec.
February 8, 2011
Austrian Foreign Trade Figures Rising Strongly
From January to November 2010, Austrian foreign trade grew substantially. Imports and exports increased by 15.8%
February 5, 2011
Consumption Expenditure of Foreign Tourists Grows
Russian and Chinese tourists are proving to be particularly generous consumers in Austria. Overall sales rose by 23% in 2010.
February 3, 2011
Agrana Closes Chinese Joint Venture
The Austrian Agrana and the Chinese YNA divide their joint ventures for apple juice concentrate in China.
February 2, 2011
Engel Expands in China
Engel, the Upper Austrian machine builder, benefits from the economy and intends to triple the capacity of the Shanghai location.
February 1, 2011
WKÖ Celebrates 40 years of Diplomatic Relations between Austria and China
The Austrian Economic Chamber stresses the relevance of China for Austria's foreign trade in the context of the anniversary.
January 27, 2011
Recovery is in Sight for Keba
The Austrian automation manufacturer regains its pre-crisis levels, in particular through exports to growth markets.
January 18, 2011
Austria's Trade Deficit with China Shrinks
Thanks to the rising export figures, the trade deficit in the traditionally negative balance with China is declining.
January 13, 2011
Rapid Increase in Exports to Emerging Markets
The Austrian export economy can benefit massively from the solid demand from Asian and South American emerging markets.
January 12, 2011
WIFO and IHS Foresee Economic Weakness
The two major Austrian Economic Research Institutes, WIFO and IHS, expect an economic slowdown in 2011.
January 5, 2011
Raiffeisen Foresees a Weak Decade for Europe
RLB Niederösterreich-Wien expects hardly any economic growth, particularly in the euro countries. Austria is however relatively well positioned.
December 28, 2010
Austria's Export Economy is Booming
Given the high growth rates in the past year, the Austrian export economy shows itself also optimistic for 2011.
December 22, 2010
Order for Over € 100m for Voestalpine
The Austrian steel company receives an order for over € 100m by Daimler Trucks.
December 20, 2010
Austrian Economic Chamber focuses Growth Market China
Minister of Economy Mitterlehner presented together with the President of the Economic Camber, Leitl, strategies for the export market China.
December 17, 2010
Lenzing Expands Fiber Production Capacity
The Lenzing Group, an Austrian actor in man-made cellulose fibers, sets the course for the future expansion of its fiber production capacity.
December 13, 2010
Strong Growth in Foreign Trade
In the first nine months, Austria imported goods for € 82.45bn (+14.8%). Exports increased by 5.8% to € 79.69bn.
December 8, 2010
Voestalpine: Doubling of Sales in Five Years
By 2015, the Chairman of the Board of the Austrian steel group, Wolfgang Eder, intends to achieve sales over € 15b billion through expansions.
December 6, 2010
Carinthia Strengthens Relations with China
The Carinthian Economic Chamber President, Franz Pacher, has signed a bilateral trade agreement with the Beijing Economic Chamber.
November 29, 2010
WKÖ: China Overtakes the U.S. as the Most Important Overseas Austrian Trade Partner
The volume of foreign trade (exports and imports) with China in the second third of the year was 5.6 billion euro compared to 5.1 billion euro with the U.S.
November 16, 2010
Zumtobel Opened Light Center in Shanghai
More than 120 architects, designers and business partners enjoyed the Zumtobel opening gala for the new Light Center in Shanghai.
October 7, 2010
AVL Opens Battery-Testing Lab in Shanghai
With the opening of its battery laboratory at AVL Shanghai Tech Center in China, the company has taken a further visible step on the path toward powertrain electrification in the area of battery development.
October 6, 2010
FACC Grows and Hires
The aircraft supplier FACC, since recently Chinese property, plans to grow further this year. In order to do this, the company needs 150 new employees.
October 1, 2010
Plansee expands into India and China
Despite the decline in sales, the Tyrolean company Plansee expands into Asia.
September 13, 2010
Riedel opens office in Shanghai
Georg Riedel, head of family-owned glass maker Riedel, has announced plans to put more focus on the firm’s investment in China.
September 6, 2010
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