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Vienna International Company News
Read the latest headlines about developments in international organizations, companies and institutions operating in Vienna, Austria
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Premiere for the TechDiplomacy Talk at the Austrian Foreign Ministry
On the occasion of the Vienna visit of the United Nations Envoy for Technology, Under-Secretary-General Amandeep Singh Gill, a TechDiplomacy Talk was held at the Austrian Foreign Ministry. Read more about the premiere of the new format!
February 1, 2023
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OSCE Condemns Russia’s Decision to Outlaw Independent News Outlet Meduza
Moscow continues its campaign against opposition Russian media with unabated vigor. The Riga-based web portal "Meduza" is banned completely in Russia. The OSCE denounced the Russian authorities’ decision to outlaw one of the most popular Russian-language news portals.
January 31, 2023
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Wikimedia Austria Awards Prize for Free Knowledge 2023 at Viennese Ball of Science
The Austrian Prize for Free Knowledge honors people and organizations that communicate knowledge under a free license. The award ceremony took place at the Vienna Ball of Science in the presence of Federal Minister Leonore Gewessler, Mayor Michael Ludwig and City Councilor Veronica Kaup-Hasler.
January 30, 2023
International Vaccine Institute Opens an Austrian Office
International Vaccine Institute (IVI), an international health organization dedicated to developing, delivering, and evaluating vaccines for global health, announced the opening of its Austrian Country Office.
January 26, 2023
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Italy Initiates EU Proceedings Against Austria
The Italian Minister of Transport Matteo Salvini has taken legal action against Austria. He has initiated an infringement procedure because of the transit driving bans in Tyrol.
January 25, 2023
Large Natural Gas Field Found in Austria
The small town of Molln in Upper Austria could make an important contribution to the gas supply of the entire country in the next few years if the conjectures prove true. Test drilling is said to have already taken place, therefore it is known that the gas is of the best quality. The Australian company ADX Energy wants to start drilling for it this spring.
January 16, 2023
Key Witness in Wirecard Trial Said that Books Were “Specifically” Adjusted
The Wirecard trial goes to the next round. The key witness in the trial confessed that the company books were hectically and specifically adjusted to fit the fraud. Those fake books were then shown to the auditor.
January 11, 2023
New Technical Project "Safe Registration Office" Implemented in Austria
The reporting procedure will now be automated through the project “Safe Registration Office” in Austria. This is to prevent crime, the Interior Ministry said. In addition, the "Safe Registration Office" should in future also offer a possibility for a simplified report to the local police station.
January 9, 2023
Austrian Raiffeisen Bank International Gets Under Pressure Due to Russo-Ukrainian War
Its involvement in Russia keeps Raiffeisen Bank International (RBI) and its managers, led by Johann Strobl, very busy. The subsidiary institution in Moscow is RBI's biggest profit earner and almost the entire RBI board is on the Ukrainians' "awaiting sanctions" list. Whether RBI will stay in Russia and how to proceed is still unclear, as the banking group is in a tricky situation.
January 9, 2023
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First International Cross-Over Transplantation for Kidney Disease at Vienna University Hospital AKH
In the University Hospital Vienna AKH, for the first time made possible by diplomacy, a kidney was implanted in a 31-year-old Viennese, which was flown in from Israel by a living donor. A few hours earlier, a kidney was removed from his brother at Vienna General Hospital and transferred to Israel on the same plane.
January 9, 2023
Ukrainians Want Raiffeisen Bankers Sanctioned
Austria's Raiffeisen Bank International is coming under pressure in Ukraine. RBI CEO Johann Strobl and another manager are on a list drawn up by Ukrainian authorities, according to which sanctions are recommended.
January 8, 2023
ViennaUP'22 - Event in Vienna Excites Thousands of People
The Vienna International Business Festival ViennaUP'22 attracted 10,000 participants from all over the world this year. With the attention-grabbing event, the City of Vienna hits the bull's eye for international visibility and positioning in the startup scene.
June 3, 2022 · Updated: January 7, 2023; 14:40
Renowned MIT Europe Conference in Austria in March 2023
The Austrian Federal Chamber of Commerce is bringing top researchers from the Massachusetts Institute of Technology (MIT) to Austria. Innovative technologies and solutions around sustainability, energy, climate and nutrition will be presented on March 29/30, 2023 in Vienna and for the first time in Graz and Salzburg.
January 4, 2023
Wiener Linien Are Reducing Their Driving Schedules
The public transport company in Vienna Wiener Linien will be reducing their frequency of driving and thinning out their schedule. This is happening because the company is suffering large personnel shortages and therefore need to stabilize the situation.
January 4, 2023
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Falling Gas Prices Will Be Visible in Months
Since the beginning of December, gas prices have decreased significantly in the European market. Gas prices went relatively low through control of prices and mild winter temperatures. However, the consumer will feel this decrease in several months.
January 3, 2023
The European Single Market Generally Appreciated by Austrians
A survey commissioned by the Austrian Society for European Politics (OeGfE) displayed that Austrians are generally and pragmatically satisfied with the four freedoms of the European Single Market. The European Single Market is 30 years old now, so Austrians can serve this as a review of the market.
January 2, 2023
Austria Promotes Energy Research with 17 Million Euros
The Climate and Energy Fund promotes innovations for clean, affordable and reliable energy supply. The aim is to strengthen Austria as a location for innovation and to improve export opportunities for the domestic economy. A total of 17 million euros is available for the program, endowed from the funds of the Ministry of Climate Protection (BMK).
December 29, 2022
Mask Obligation in Vienna's Public Transport Remains
While the Corona measures have been softened further at the Austrian federal level, Vienna is sticking to its stricter rules. The mask requirement on public transport in Vienna will be maintained into the year to come.
December 29, 2022
Abu Dhabi-based ADNOC Acquires OMV Shares from Sovereign Wealth Fund Mubadala
There is a change in the ownership structure of the Austrian oil and gas group OMV. Long-time core shareholder Mubadala, Abu Dhabi's sovereign wealth fund, sells its 24.9 percent stake in OMV to Abu Dhabi National Oil Company (ADNOC), also a state-owned company. The state holding company ÖBAG announced that it had been informed of the change in ownership.
December 23, 2022
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Wirecard Fraud Began Before 2015
The massive Wirecard scandal began way before it was known, according to a case witness. Specifically, the fraud began way before 2015 however, the deeds in this time period are not taken into consideration.
December 21, 2022
New International Institute for Media in Vienna Holds First Event on Fake News at Hofburg Palace
The newly founded "International Institute for Media (IIM-Vienna)" has set itself the task of counteracting state-controlled disinformation and making known the information wars that are going on in secret. The new think tank invites to the event "The armies of trolls and astroturfers" at the Hofburg.
December 20, 2022
OPEC Plus Marks Sixth Anniversary
The Declaration of Cooperation (DoC) between OPEC member countries and 10 non-OPEC oil-producing countries turned six years old. As the oil cartel engaged in diplomatic celebrations, OPEC reaffirmed its expectations for global oil demand in 2023.
December 14, 2022
Romania Got Denied Schengen Because of Austria's Veto
On Thursday, the 26 responsible ministers of the Schengen states held a summit in Tirana where Austria denied Romania and Bulgaria access to the Schengen area. Chancellor Karl Nehammer made reassuring statements on Saturday regarding this issue.
December 11, 2022
Vienna Ranks Poorly Among Expats
The Expat City Ranking has ranked 50 cities worldwide in the year 2022. There have been some surprises; however, Vienna did not do well in the ranking, with some complaints repeating themselves even from the years before. The expats rank the cities on an annual basis through some basic categories. Vienna has one category where it performed the worst.
December 7, 2022
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Wirecard Scandal: Trial of Marsalek and other Austrian Entrepreneurs to Begin
The Wirecard criminal trial in what is believed to be the biggest fraud case in Germany since 1945 begins in Munich. The public prosecutor's office accuses the former Wirecard CEO, Austrian Markus Braun, and his two co-defendants of forming a criminal gang, falsifying the group's balance sheets and cheating lenders of 3.1 billion euros
December 7, 2022
UN Internet Governance Forum in Ethiopia: Austria's Constitutional Affairs Minister Karoline Edtstadler Appointed to Governing Body
To increase the content and importance of the Internet Governance Forum, a ten-member Leadership Panel chaired by U.S. information scientist Vinton Gray Cerf was established. Austria's Constitution Minister Karoline Edtstadler was appointed to this leadership panel by UN Secretary-General Antonio Guterres.
December 4, 2022
OPEC Plus Sticks to Production Strategy
The OPEC+ oil alliance is sticking to its current production strategy for the time being. EU sanctions against Russia's oil revenues will apply from tomorrow. The OPEC+ countries have nevertheless confirmed their previous oil production targets. However, an expert committee wants to review the production strategy every two months.
December 4, 2022
Weekly Briefing: Austria’s Dealing with Rising Energy Prices
The Find out more about this week's developments. Austria is trying to stop the rise of energy prices through multiple discussions, possible laws and creative methods. Read about the latest developments!
December 1, 2022
New Online Tool in Austria Should Help You to Save Electricity
A new electricity-saving tool is available online, where it is visible how you can save electricity depending on the time of the day. It shows you when it makes more sense to turn the light on.
December 1, 2022
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Counterfeiting Cargo Shipment at Vienna Airport Disguised as "Aid Delivery" to Ukraine
Based on a tip-off, the route and the type of packaging, a shipment from Hong Kong via Dubai was subjected to a detailed customs check during a focal point inspection at the customs warehouse at Vienna Airport. As a result, it turned out to be a direct hit: 6,420 pieces of presumably counterfeit branded products were found in 168 cartons. These were disguised as an "aid delivery" to Ukraine.
November 30, 2022
Beginning for Electricity Price Brake in Austria
Without further application, the electricity price brake comes into effect for every household with an existing electricity contract. The electricity cost brake is intended to counteract the current price increases for electricity. This will be visible on the electricity bill. According to the government, households can save an average of 500 euros per year.
November 30, 2022
Austria Condemns Hunger as a Weapon
Austria condemns Russia's tactic of using world hunger as a weapon. Austria pledges € 3.8 million to the initiative "Grain from Ukraine" for the delivery of Ukrainian grain to needy people in Ethiopia and Sudan.
November 28, 2022
Vienna Landmarks Switch Light Off Earlier
Due to the energy crisis, the lighting of many Viennese landmarks and institutions will be switched off earlier - for example at St. Stephen's Cathedral and Schönbrunn Palace. At the Hofburg, on the other hand, the lighting concept is still being tweaked to "avoid security problems".
November 28, 2022
Pre-Christmas Period in Vienna: Christmas Market at the Vienna City Hall
The pre-Christmas season in Vienna has officially begun. The festive illumination of the Christmas tree on Rathausplatz already illuminates the entire square. The "Wiener Weihnachtstraum" invites this year with an adapted concept for more sustainability, less standel and more offers for families.
November 27, 2022
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Precarious Employees at Austria's Universities Protesting
The current funding crisis, caused by inflation and rising energy costs, is being felt by younger researchers in particular. Most of them have fixed-term contracts, and now there is to be a freeze on extensions. At a protest event, they draw attention to their precarious working conditions.
November 24, 2022
Austria Supports Expansion of Croatian LNG Terminal Krk
Croatia wants to expand its terminal for liquefied natural gas (LNG) on the Adriatic island of Krk far beyond its own needs and develop it into a hub for gas supply in the region - gas is also to flow from there to Austria and Germany in the future. At a meeting on Krk, Croatia's Prime Minister Andrej Plenkovic, Austria's Chancellor Karl Nehammer and Bavaria's Minister President Markus Söder agreed to support each other in strengthening energy security, diversifying energy sources and ensuring the security of supply with natural gas and hydrogen.
November 24, 2022
EU Criticizes Austria's Energy Measures as "Not Goal-Oriented"
In the opinion of the EU Commission, Austria's aid measures against high energy prices are "not goal-oriented" enough. The EU authority said today that the federal government had quickly adopted energy policy measures.
November 22, 2022
Book Vienna 2022 Promotes International Foreign Culture
Thousands of new publications and hundreds of high-profile events with more than 500 national and international authors and experts will be on display at the Vienna Book Fair from November 23-27, 2022. Diplomacy will also be represented at the fair.
November 20, 2022
Explosions at Zaporizhzhya Nuclear Power Plant Worry IAEA
There have been several powerful explosions at the Ukrainian nuclear power plant Zaporizhzhya, according to the International Atomic Energy Agency (IAEA). IAEA experts on site had reported dozens of impacts near and on the site of Europe's largest nuclear facility.
November 20, 2022
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Weekly Briefing: News From Austria's Diplomacy
The Find out more about this week's developments. Austria is making an effort to combat the climate crisis. Austria's foreign policy awards prizes in the arts, culture and science. Read about the latest developments in diplomacy in Vienna and Austria.
November 17, 2022
Vienna Plants First "Mini Forest" in the City Area
More green in a densely built-up area as a climate-friendly recreational oasis for people and animals is what every city needs. With the "Wiener Wäldchen", a pilot project is being launched in Stefan Weber Park on the border between the 5th and 12th districts, a "mini forest" in the urban area.
November 17, 2022
Possible Delay at Vienna Airport due to Works Meeting of Security Personnel
The security staff at Vienna Airport has announced a works meeting for Tuesday starting at 9:00 am. The works council and the union are thus emphasizing their demand for higher wages. Walter Burianek, head of the works council, expects a high turnout, and passenger handling is likely to come to a standstill.
November 17, 2022
What are the Seibersdorf Laboratories?
Nuclear technologies and applications should be safely researched under international supervision. In Seibersdorf, Austria, the International Atomic Energy Agency maintains eight nuclear applications laboratories. Read on to find out more about the Seibersdorf Laboratories!
November 17, 2022
Austria Awards State Prize for Innovation
The State Prize Innovation 2022 from the Austrian Ministry of Labor and Economy goes to the Lower Austrian company DSM Austria GmbH. With their innovation, they make an important contribution to the safe and healthy nutrition of animals and humans.
November 16, 2022
Vienna Plans to Build its First Geothermal Plant by 2026
A geothermal plant, Vienna's first, is to supply 20,000 households with emission-free district heating. Wien Energie wants to set a milestone toward a climate-neutral city by 2026. An important milestone on the path to a climate-neutral major city is the use of deep geothermal energy. Wien Energie has now presented the concrete plans for this at a press conference with Peter Hanke, City Councillor for Economic Affairs.
November 14, 2022
Austria's Schools Abroad to Meet the Demand for Skilled Workers
Austria's Minister of Education, Science and Research Martin Polaschek presents the future strategy of Austrian schools abroad during his working visit to Albania. During his visit to the Austrian school abroad in Shkodra, the Minister of Education emphasizes the potential of these schools, especially about the demand for skilled workers in Austria, and announces a reorientation of the schools.
November 14, 2022
European Theatre Night 2022 in Austria
For the 12th time this year, in parallel with other European countries, the "European Theater Night" will be held again in Austria on Saturday, November 19. After two years of corona-related restrictions, the event will be continued again this year with more than 50 program points in Austria.
November 14, 2022
Space Diplomacy: UNOOSA and United Kingdom on Global Space-Related Climate Action Efforts
With the support of the UK Space Agency, the UN Office for Outer Space Affairs has published a report on the use of space technology to support climate action. At the UN Climate Change Conference (COP27), the report was released to coincide with Earth Information Day. It aims to improve understanding of how selected stakeholders are utilizing space technology.
November 11, 2022
Weekly Briefing: Fight Against Climate Crisis
The Find out more about this week's developments. At the World Climate Conference in Sharm El-Sheik, Austria's President Alexander Van der Bellen advocates climate justice. The Vienna-based International Atomic Energy Agency is also trying to counter the climate crisis at the COP27 summit with its knowledge of nuclear technology and nuclear energy. Read about the latest developments in diplomacy in Vienna and Austria.
November 10, 2022
IAEA at the UN Climate Summit in Egypt
The Vienna-based International Atomic Energy Agency is also well-represented at the World Climate Change Conference in Sharm El Sheikh, Egypt. Between the energy crisis and climate targets, nuclear energy is regaining importance in several countries, and for the agency, the task is to convince.
November 10, 2022
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