Vienna International Company News

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

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

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

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

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