Vienna International Company News

Read the latest headlines about developments in international organizations, companies and institutions operating in Vienna, Austria

Austrian Business Leaders and Government Officials Discuss Economic Ties with South Korea

The President of Austrian Chamber of Commerce Harald Mahrer welcomed South Korean Prime Minister Han Duck-soo. South Korea will be a global hotspot for future technologies of central importance for Austria.

May 14, 2023

Vienna Stock Exchange Reports High Profits for Third-Year Running

Vienna's stock exchange, Wiener Börse AG, has announced high profits for the third year in a row, despite the turbulent economic environment of 2022. Vienna's stock exchange plans to continue its focus on consistent market modeling and alignment with international standards and is calling on the government to act to take advantage of the capital market's potential as a powerful lever.

May 10, 2023

Political Support for Southern Hydrogen Corridor: Austria, Germany, and Italy Sign Joint Letter

The Southern Hydrogen Corridor, developed by major European transmission system operators, aims to connect North Africa, Italy, Austria, and Germany to supply important European demand clusters with competitive renewable hydrogen.

May 10, 2023

Europe Minister Edtstadler Awards Outstanding Projects and Initiatives with the 2023 Europe State Prize

Austrian Europe Minister Karoline Edtsdadler awarded the winners of the 2023 Europe State Prize at the Sofiensäle in Vienna. More than 200 guestes were present at the Europe gala.

May 9, 2023

Vienna Expands German Learning Support for EU Expats

Are you a newly arrived EU citizen in Vienna and struggling to learn German? The good news is that the city of Vienna is expanding its language learning support program, the Wiener Sprachgutschein, to include EU citizens. This means that you will now have access to the same level of funding as non-EU citizens for German language courses.

May 8, 2023

Vienna Ball Season 2023: Concordia Ball Anniversary Celebrates 160 Years

Vienna's famous ball season has been extended with the long-awaited return of the Concordia Ball. The ball, which is hosted by the Vienna Journalist and Writer Association Concordia, is one of the city's oldest dance events and has been held since 1863. This year's ball will take place on May 26th at Vienna's City Hall, the Rathaus.

May 8, 2023

Trilateral Meeting Discussed Energy Transition and Energy Innovation

A trilateral conference was held at the Technical University of Vienna, where Italian, French, and Austrian energy actors discussed the topics of energy innovation and the energy transition. The discussion panels included topics such as the role of gas and nuclear power in European decarbonization, the importance of renewable energy sources, and the potential of solar energy in Europe.

May 3, 2023

Turkish Community in Vienna Criticizes Türkiye's Media Freedom on International Press Freedom Day

As the world marks International Press Freedom Day on May 3, Austria's media landscape faces a serious threat to its diversity, despite slight improvements in the Press Freedom Index. Meanwhile, Türkiye's media freedom is in a dire state, with journalists and opposition voices facing increasing pressure and imprisonment under Erdogan's AKP government, according to the Turkish Cultural Community in Austria (TKG).

May 3, 2023

Travel Tips in Austria: Admont Abbey Library in Styria

The Admont Abbey Library makes a decisive contribution to the attractiveness of Styria as a vacation destination and inspires visitors worldwide to visit Austria.

April 19, 2023

Austria Establishes a National Task Force to Combat Environmental Crime

The ministers of agriculture, justice, finance, social affairs, environment, and interior established an interagency task force on April 12, 2023.

April 12, 2023

Science Museum Vienna: 150 Years Women's Pavilion of the Vienna World's Fair

Starting next month, the Vienna Museum of Science and Technology will present an anniversary show focusing on women's work, referring to 150 years of the Women's Pavilion at the Vienna World's Fair.

April 12, 2023

EU Approves 2 Billion Euros in State Aid for Wien Energie

The European Commission has approved 2 Billion Euros in state aid for Austrian energy supplier Wien Energie. This was done to accelerate the energy transition and reduce fuel dependency in the context of the Russo-Ukrainian war, according to the EU Commission.

April 5, 2023

Norwegian Aker BP and Austrian OMV Cooperate for CO2 Storage License

Norwegian oil and gas company Aker BP ASA and the Norwegian offshoot of Austria's OMV AS have signed a cooperation agreement on carbon capture and storage (CCS). As a result, both companies have been granted a license under CO2 storage regulations on the Norwegian continental shelf.

April 3, 2023

OPEC+ Surprisingly Cuts Oil Production

The OPEC+ alliance has announced a surprise cut in oil production. There will probably be a reduction of about one million barrels per day from May onward.

April 3, 2023

Patents Issued by Austria Reached Record Levels

In 2022, Austrian companies have filed more inventions with the European Patent Office than ever before. Semiconductors increased strongly.

March 29, 2023

Austrian Airlines Is Threatened With a Strike from its Personnel

In a work meeting on Tuesday, Austrian Airlines' (AUA) onboard staff rejected the proposed new collective agreement. There is now a deadline of April 6 for the negotiations to continue. A strike is imminent if no agreement is reached.

March 28, 2023

Austrian OMV Declares Exit from Russian Gas as "Extremely Difficult"

The CEO of the Austrian energy group OMV, Alfred Stern, currently sees hardly any possibility to get out of the Russian business with natural gas. He also sees no alternative to fossil fuels in the short term and talked about relations with Asia-Pacific.

March 28, 2023

Austrian Armed Forces Celebrate 20th Anniversary of its C-130 "Hercules

Almost exactly 20 years ago, the first of three C-130 "Hercules" landed in Austria on March 20, 2003. This marked the beginning of a new era in military aviation for the Austrian Armed Forces. This was now honored in a military ceremony.

March 26, 2023

Unrestricted Access to the Austrian Labor Market for Displaced Ukrainians

Displaced Ukrainians in Austria will gain unrestricted access to the labor market, according to an amendment by the social committee in the National Council.

March 23, 2023

Austria Wants to Bring New EU Anti-Money Laundering Authority to Vienna

Austria is bidding for the seat of the new EU Anti-Money Laundering Authority (AMLA) and wants to bring it to Vienna, Finance Minister Magnus Brunner said. However, it is still unclear whether this is feasible in the current climate of Austrian politics.

March 23, 2023

Austria's Cooperation with EU Drugs Agency Exemplary

The European Monitoring Center for Drugs and Drug Addiction (EMCDDA) is the leading European institution in the field of drugs. EMCDDA Executive Director Alexis Goosdeel is meeting with the Austrian ministries responsible for drug policy issues, in particular with Health Minister Johannes Rauch and Justice Minister Alma Zadić, as part of a three-day working visit to exchange views.

March 20, 2023

First European Gaia-X Community Event in Vienna

The European Association for Data and Cloud (AISBL) of the European Gaia-X Initiative, in collaboration with Gaia-X Hub Austria, hosted the first European Market-X Community Event at the Aula of the Sciences in Vienna. At this event, Market-X brings together stakeholders from different industries to shape the digital future of Europe.

March 19, 2023

OPEC Fund Approves New Financing to Fulfill its Climate Action Plan

The OPEC Fund for International Development (OFID) approved more than $300 million in new funding in the first quarter of 2023, reflecting the institution's commitment to fulfilling its Climate Action Plan. Three of the four projects approved by the OPEC Fund's Governing Board directly support climate finance.

March 15, 2023

Cell Phone Contracts in Austria to Become More Expensive From April

Existing cell phone contracts will become up to 11.5 percent more expensive for many customers in April. Drei and A1 have already confirmed price increases in charges, the Chamber of Labor (AK) said in a press release.

March 14, 2023

Austrian Armed Forces Receive International Award for Airshow "AirPower22"

For the 10th time, AirPower22 took place at Fliegerhorst Hinterstoisser in Zeltweg on 02 and 03 September 2022 under the motto "Above the clouds!". Austria's famous airshow has now been awarded the prestigious "The Paul Bowen Award of Achievement" by the European Airshow Council as the best international airshow of the year 2022 at the European Airshow Council Convention in Brussels.

March 12, 2023

New Executive Board for the Austrian Institute of Technology

The largest research and technology organization in Austria, the Austrian Institute of Technology (AIT), with 1,400 employees, is getting a new three-person management team. Read more about Austria's largest research and technology organization!

March 9, 2023

Winning Ensembles of the 8th International Joseph Haydn Chamber Music Competition Chosen

For the 8th time, the International Joseph Haydn Chamber Music Competition, where young ensembles from all over the world compete, selected the best up-and-coming string quartets and piano trios. The two first prizes went to Trio Bohémo and Trio Pantoum, while the Chaos String Quartet and Trio Incendio were each runner-ups.

March 6, 2023

What is the Houskapreis? 13 Projects Nominated for the B&C Private Foundation Research Award

The nominated projects for the Houskapreis 2023, the research prize of the B&C Private Foundation, have been determined. But what is the renowned Austrian Houska Prize all about?

March 6, 2023

Customs at Vienna Airport Seized 44,830 Counterfeit Branded Products from China

At Vienna Airport, customs officers made a brilliant bust during the inspection of an air cargo in mid-January. In 73 cartons, which should have been transported from China via Austria to Poland, the customs authorities found 44,830 counterfeit products of various product groups and brands.

March 5, 2023

City of Vienna: Europe's Nuclear Energy Sector is Heavily Dependent on Russia

The European Union's recently adopted tenth package of sanctions against Russia continues to leave one area completely untouched - nuclear energy. A new study by the Cities for Nuclear Free Europe network, where Vienna is also involved, aims to prove interconnections between the European and Russian nuclear sectors.

March 5, 2023

City of Vienna Pushes for Rent Cap

The City of Vienna has called for an Austrian-wide rent price cap since it does not want to implement these regulations on its own. The rent price cap is heavily debated in Austria at this moment because the guideline value for rents might increase too much in April.

March 2, 2023

Ex-OMV Chief Doubts Policy Statements on Russian Gas Pullout

Russian gas supplies to Austria are currently causing discussions. While the Austrian government wants to do without gas supplies from Russia altogether by 2027, OMV refers to long-term contracts.

March 1, 2023

Great Success for Austria in the Marie Skłodowska Curie Postdoctoral Fellowship Call 2022

Austrian institutions participated in this call for proposals with 150 project applications in a coordinating role and were able to win at least 37 of these projects in an extremely competitive selection process. This makes the Austrian success rate the highest of all EU member states.

February 28, 2023

More than 40 Incidents at Ukrainian Nuclear Power Plants since the Beginning of the War

Since the war in Ukraine began a year ago, the country's nuclear power plants have been affected by more than 40 incidents. Nuclear security in Ukraine is still at a worrying risk. This is according to a report published by the International Atomic Energy Agency (IAEA) in Vienna.

February 24, 2023

Essl Foundation and UN in Vienna Mark 10 Years of Partnership

In 2013, the UN Office at Vienna (UNOV), the UN Office on Drugs and Crime (UNODC), and the Essl Foundation formed a partnership to achieve the UN's commitment to building a better world for people with disabilities. A partnership of 10 years between the United Nations in Vienna and the Essl Foundation has resulted in significant achievements for disability inclusion.

February 21, 2023

Technology Start-ups from Israel and Vienna Meet at a Conference

The consulting and tech company weXelerate will organize a conference to bring together the technological fields of Israel and Vienna. The conference will expect mostly Jewish young professionals and give them a platform.

February 20, 2023

Journalists' Associations Against Exclusion of Media at OSCE Parliamentary Assembly

In response to plans by the Organization for Security and Cooperation in Europe (OSCE) that media representatives would not be permitted to attend the winter session of the OSCE Parliamentary Assembly (PA) at the Hofburg in Vienna, the Association of European Journalists (AEJ) and the Association of Foreign Press in Vienna objected.

February 20, 2023

Wien Energie and Wiener Linien Continue Photovoltaic Offensive

Exactly 1,369 photovoltaic modules will make Vienna's public transport even greener with immediate effect, as part of the City of Vienna's plan to drive forward climate-friendly energy policies.

February 19, 2023

30 Years of EU Single Market: Austria’s Advantages are Apparent

30 Years of the EU Single Market have had a positive influence on Austria’s economy. This is shown by the reports of the Ministry of Labor and Economy and the Austrian Economic Chamber (WKO).

February 18, 2023

Raiffeisen Probed by U.S. Sanctions Authority

Raiffeisen Bank International, an Austrian lender that plays a critical role in the Russian economy, is under investigation by the US sanctions authority over its Russia-related business.

February 18, 2023

Markus Braun Denies Any Acknowledgment in the Wirecard Trial

The Austrian businessman Markus Braun is the main defendant in the whole Wirecard-Scandal. Now he testified for the first time in court. He denied any acknowledgment of alleged crime in the company, which contradicted the testimonials of key witness Oliver Bellenhaus.

February 13, 2023

EU Is Planning the Withdrawal From the Energy Charter Treaty

The European Union wants to exit from the Energy Charter Treaty since the contract is not compatible with the energy transition. Austria is examining its exit from the treaty since November.

February 9, 2023

Vienna Belvedere Hosts 34th World Tour Guide Day

The World Day of Tour Guides, which has been held annually since 1989, will take place in 2023 on February 17 and 19 in cooperation with the Belvedere. An extensive and free program will be offered on two days at all three locations of the Belvedere.

February 8, 2023

Minister Schallenberg Visits the USA

Foreign Minister Alexander Schallenberg visited the USA, where he will meet with Secretary of State Antony Blinken. Austria is a relevant geostrategic partner to the U.S. in many areas such as Western Balkan politics or the Ukraine subject.

February 7, 2023

Austrian Government Considers Rent Cap

In consideration of a looming rent increase in April, the coalition parties Austrian Peoples Party (OEVP) and the Green Party are now also interested in a possible rent cap.

February 6, 2023

New Film Incentive Model in Austria: HBO Shoots New Series Project "The Palace" in Vienna

The Vienna Film Commission is now increasingly promoting international film and series productions in Vienna and Austria. A new film funding model has been in place for some time and has now brought the first international project to the city. The new series from HBO with Hugh Grant and Kate Winslet called "The Palace" had its shooting start in Vienna.

February 5, 2023

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

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

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