Vienna International Company News

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

COVID-19 in Austria: From 3G to 2G Nationwide

After a meeting with the governors of the federal states of Austria, Chancellor Schallenberg announced a nationwide shift from 3G COVID-19 requirements to 2G. Read more about the new rule and what the chancellor said about it.

November 8, 2021

Vienna as a Center of Diplomacy: Bid for Another International Organization

Vienna is bidding to become the European headquarters of the International Vaccine Institute, which has been based in Seoul since 1997 and is responsible for distributing vaccines to developing countries. The aim is to further strengthen Vienna as the official seat of international organizations. Cost: Fifteen million euros within 5 years. Learn more about the background, the plan and the financing of this initiative.

November 8, 2021

Südbahnhotel am Semmering: Former Grand Hotel Has New Owner

The former luxury hotel an hour's drive south of Vienna, which has been little used for decades, has been bought by the foundation of a Viennese entrepreneur and is to be revitalized. The focus is to be on cultural events. However, it will take years for the hotel to be fully developed.

November 5, 2021

COVID-19 in Vienna: 2G Rule in Gastronomy and Vaccination Street for 5 to 12-Year-olds

Vienna Mayor Michael Ludwig announced that Vienna is planning to implement stricter COVID-19 measures due to the increase in cases and hospitalizations. Read about the new measures and Vienna's plans to offer vaccinations for 5 to 12-year-olds.

November 5, 2021

Anadi Bank: Former Deutsche Bank Board Member Becomes New Board Member for FinTech

Alp Dalkilic, a former board member at Deutsche Bank, has been appointed to the Management Board at Anadi Bank. Dalkilic is primarily responsible for the bank's FinTech strategy. Read more about Dalkilic and Anadi Bank.

November 5, 2021

Money Laundering, Tax Offenses and Terrorist Financing on the Rise

The Austrian Ministry of the Interior reported an increase in money laundering, tax offenses, and terrorist financing in 2020. Read more details about this disturbing trend and its causes.

November 4, 2021

Alexander Maculan Receives Russian Order of Friendship

Alexander Maculan, CEO of TAMAK Holding AG, was awarded the Russian Order of Friendship by Ambassador Dmitrij Ljubinskij at a recent meeting of the Austro-Russian Business Council at the Austrian Chamber of Commerce. Read about Maculan and why he was given this honor.

November 4, 2021

Andrea Rois Is the New Head of Group Marketing and Communication at Soravia Investment Holding

Project developer Soravia is strengthening its team with Dr. Andrea Rois (44) as the new Head of Group Marketing & Communication.

November 4, 2021

COVID-19 in Austria: Concerns About Transition to 2.5G Rule in Workplace

Due to increased COVID-19 cases and hospitalizations, Austria is considering transitioning from the 3G rule in the workplace to a 2.5G rule in the coming weeks. Some government officials are expressing concerns about the implementation of this change. Read about the potential requirement change and the concerns that some have about it.

November 3, 2021

Schallenberg at UN Climate Conference: "We can only overcome a global crisis together"

Chancellor Schallenberg recently spoke at the 2021 UN Climate Change Conference (COP26) in Glasgow. The Austrian chancellor stressed the need for international cooperation to fight climate change. Read some of Austria's climate goals, what steps it is taking to achieve these, and what the chancellor said still needs to be done.

November 2, 2021

COVID-19 in Austria: Booster Vaccinations Now Available to Everyone in Vienna After Six Months

Mayor Michael Ludwig has announced that the City of Vienna is now offering COVID-19 booster vaccinations to everyone in Vienna six months after they received their second dose. Read about the specifics of Vienna's booster vaccination campaign and where and when to get a third shot.

November 2, 2021

Austria Deepening Relationship with Gulf States: Foreign Minister Linhart in Qatar

Qatari Prime Minister Sheikh Khalid bin Khalifa bin Abdul Aziz Al-Thani and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani recently met with Foreign Minister Linhart in Doha, Qatar. The leaders discussed various issues, including the strengthening of ties between Qatar and Austria. Linhart also met with Qatari business leaders as part of the ReFocus Austria initiative. Read about Linhart's trip to Qatar.

October 29, 2021

African Union and European Union to Strengthen Cooperation on COVID-19

Representatives of the African Union (AU) and the European Union (EU), including Austrian Secretary-General for Foreign Affairs Peter Launsky-Tieffenthal, recently met in Kigali, Rwanda. The COVID-19 pandemic, especially unequal vaccine distribution, was a central topic of discussion. Read more about the meeting and the effort to increase vaccine access around the globe.

October 29, 2021

Tourists Return to Vienna

Vienna saw a notable increase in overnight stays in September compared to September of last year. This is a positive sign for the tourism industry in Austria, which has been hit hard by the COVID-19 pandemic. Read about the changes in tourism levels in the Austrian capital.

October 28, 2021

Greenpeace: 80% of Austrian Short-haul EU Flights are Substitutable by Train

According to a Greenpeace report, 80 percent of Austria's short-haul flights can be replaced by rail travel. For 53 percent of all top-30 short-haul flights within the EU, there are direct overnight train connections, the report states.

October 27, 2021

Economic Diplomacy a la "ReFocus": Connecting Diplomatic Representatives with Austria's Business Community

Diplomatic representatives in Austria met with members of the Austrian business community as part of the "ReFocus Austria" government initiative aimed at promoting Austrian companies abroad and Austria as a business location. The main focus of this event was opportunities in the "green economy." Read more about this event and "ReFocus Austria."

October 27, 2021

The Chancellor on National Day: "No island of the blessed"

Chancellor Schallenberg delivered an address on the Austrian National Day at the Heldenplatz in Vienna. The chancellor reflected on the successes of Austria since 1945 and its response to recent crises, including the COVID-19 pandemic and the terrorist attack in Vienna. Read what he said.

October 27, 2021

ÖBB Austrian Railways to Improve and Expand Local and Long-Distance Travel Services in 2022

Starting on December 12, 2021, ÖBB - Austrian Federal Railways will change its annual timetable, which will bring a number of improvements and expansions to local and long-distance services for the rail year 2022. In total, ÖBB Austrian Railways is investing over 4.1 billion euros in modern trains by 2027. Find out about international and domestic connection extensions.

October 26, 2021

Rating Agency Fitch Affirms Stable Outlook for Austria at AA+

Austria's AA+ rating is supported by a rich, diversified, open and high-value-added economy with strong political and social institutions, according to Fitch, the NYC based rating agency.

October 26, 2021

Official State Visit of the King of Jordan to Austria

King Abdullah II of Jordan recently met with President Van der Bellen in Vienna. The two leaders discussed various issues, including climate change. Read more about King Abdullah's official visit to Austria.

October 26, 2021

Hedy Lamarr Award 2021 for Outstanding Achievements by Women in Information Technology

The City of Vienna announced the winner of the 2021 Hedy Lamarr Award for outstanding achievements by women in information technology. Find out who won this year for her work on innovative learning methods and immersive experiences.

October 25, 2021

Austria Opposes Further Expansion of Hungarian Nuclear Power Plant Paks II

All five Austrian parliamentary parties are opposed to the expansion of the Paks II Nuclear Power Plant in Hungary due to serious safety concerns. The Environment Committee in parliament has unanimously called on the government to take all possible actions to oppose its construction. Read why Austria considers the power plant's expansion dangerous.

October 25, 2021

Austria's Strategy for the Upcoming European Council Meeting

Ahead of the European Council meeting in Brussels, Austrian Chancellor Schallenberg, EU Minister Edtstadler, and members of parliament laid out Austria's strategy for the meeting. Read their stances on the key issues they plan to raise in Brussels.

October 22, 2021

The 80s Are Back: Albertina Modern Shows "Art of the Eighties"

The Albertina Modern has a new exhibition on display entitled "The 80s. Art of the Eighties." The exhibition has many works from some of the most notable artists of the 1980s. Read about the exhibition and view some examples of works currently on display.

October 21, 2021

Colonial Legacy: Restitution of Cultural Assets as Part of Austria's New Africa Strategy

The Austrian Foreign Ministry under Michael Linhart is developing a new Africa strategy for Austria. A motion for a resolution has been filed in parliament that requests that the foreign ministry includes restitution of cultural artifacts and assets as part of this strategy. Read more about the motion.

October 20, 2021

Infineon Opened €1.6 Billion High-tech Chip Factory in Villach

After three years of planning and construction and a € 1.6 billion price tag, Infineon Technologies AG finally opened its new high-tech chip factory in Villach, Austria. Read more about the new factory, the chips produced there, and what Infineon does.

October 20, 2021

Opening of the Memorial Exhibition "80 Years of Deportations Vienna-Riga"

Vienna Mayor Michael Ludwig recently opened a new memorial exhibition entitled "80 Years of Deportations Vienna-Riga" at Vienna's central train station. The exhibition is intended to remind the public about the horrors of the Shoah and to commemorate the victims. Learn more about the new exhibition.

October 19, 2021

The 12th Arab-Austrian Economic Forum Featuring the Arab Republic of Egypt

This year's Austro-Arab Chamber of Commerce forum features the Arab Republic of Egypt as the guest country and focuses on energy, railway and tourism, while presenting an insight into Egypt’s economic landscape and development and highlighting lucrative investments the country has to offer.

October 19, 2021

Asylum Seekers and Migrants Should Get Vaccinated

The Austrian Minister for Integration Susanne Raab recently visited a mobile vaccination station at the Austrian Integration Fund (ÖIF) Vienna to highlight the importance of making vaccines easily available to those with migration backgrounds. The ÖIF Integration Center Vienna has hosted the station multiple times and will do so again. Read more about the initiative and find out when the vaccination station will be at the ÖIF next.

October 18, 2021

Covid-19 in Austria: Vienna Launches Vaccination Booster Offensive

Vienna is continuing its campaign to get people vaccinated against COVID-19 and has launched its offensive to administer the booster vaccination. Vienna's Mayor Michael Ludwig and other officials recently held a press conference to discuss Vienna's progress on vaccinations and announce the plan for the booster shots. Read more about where Vienna stands in the pandemic fight and the roadmap for boosters.

October 18, 2021

Strengthening Economic and Political Relations between Australia and Austria

The Foreign Affairs Committee of the Austrian Parliament is discussing a state treaty with Australia, which aims to create better framework conditions for a strengthened partnership and the further expansion of trade and investment flows.

October 15, 2021

Fundraising Soirée for Descendants of the Author of the 1920 Austrian Constitution

The Jewish Museum Vienna held a fundraiser for the descendants of the author of the 1920 Austrian Constitution, Hans Kelsen. Prominent guests attended and spoke at the event, including a former chancellor and Kelsen's granddaughter. Read about the event and the exhibition being displayed to honor Mr. Kelsen's legacy.

October 15, 2021

Vienna's Praterstern to Be Transformed into a Greened and Cooled Lounge Oasis

Vienna's Praterstern is beginning its transformation into a greened and cooled lounge oasis and should be finished by the summer of 2022. Read about the specifics of the revitalization of Praterstern and view some projections of what the area will look like once it is complete.

October 14, 2021

Austria Presents Financial Budget for 2022

Austrian Finance Minister Gernot Blümel presented Austria's draft financial budget for 2022 to the Austrian Parliament in the form of the annual budget speech. The plan includes tax reforms, budget increases for various ministries, estimates regarding the COViD-19 crisis, and more. Read some of the specific provisions in the budget outlined by the finance minister.

October 14, 2021

Austrian Foreign Trade: Imports and Exports Above Pre-Crisis Levels

Austria's foreign trade again recorded strong growth in July 2021. Imports rose by 18.3% year-on-year and exports by 10.4%. This means that foreign trade was already above pre-crisis levels. Compared to July 2019, imports reached 101.3% and exports 104.5%.

October 14, 2021

Business Immigration Office: Vienna Launches New Service Point for Expats and International Companies

As of today, Vienna has its own service office for international professionals (expats) and companies for matters of residence law as well as consultations.

October 13, 2021

Vienna's "Traincademy" Uses Modern Simulators and VR for Driver and Rail Jobs Training

The new Traincademy in Vienna offers training courses for train drivers and other rail jobs using modern simulators and VR technology. With some estimating that thousands of rail employees will be needed in the coming years in Austria alone, the Traincademy wants to offer high-quality training to those looking for careers in the industry. Read more about the new Traincademy and the future of the rail industry.

October 13, 2021

Messe Wien Celebrates 100 Years

Messe Wien, the largest trade fair in Vienna, is celebrating its 100th anniversary this fall. To celebrate the occasion, Vienna Mayor Michael Ludwig attended a presentation of a new book that details the one-hundred-year history of the Messe Wien. Read about the new book and the significance of Messe Wien.

October 13, 2021

Heidi Horten: Austria's Richest Woman Sells Luxury Yacht for 160 Million Euros

Heidi Goëss-Horten, the richest Austrian woman, is selling her luxury yacht, the Carinthia VII, for an astonishing 160 million euros. Read about Ms. Goëss-Horten's "dream ship" and why she has finally decided to sell it.

October 12, 2021

Number of Foreign-Controlled Enterprises in Austria Declines

About 11,700 companies in Austria were owned by foreign groups or had owners based abroad in 2019, down about 200 companies or 1.6% from the previous year. Conversely, Austrian companies owned about 6,000 subsidiaries abroad; this was about 0.2% more than the year before.

October 12, 2021

Gartenbaukino: Reopening of the Iconic Viennese Cinema

The Gartenbaukino in Vienna is finally reopening after being closed for nearly a year and undergoing roughly seven months of renovation. Read about the renovation of this iconic Viennese cinema and look at some of the upcoming events from its program for 2021/2022.

October 12, 2021

"Never Forget": New Memorial by Arik Brauer for Victims of the Nazi Regime Unveiled at Vienna Airport

High-ranking representatives from politics and business emphasized the importance of honoring the memory of the countless victims of the Nazi regime among the concentration camp prisoners and forced laborers at Concentration Camp Wien-Schwechat-Heidfeld (the site of today's Vienna Airport) who were forced to build aircraft there.

October 12, 2021

AMS to Provide Support as Companies Struggle to Fill Job Vacancies

Austria's public employment service (AMS) announced that it will be supporting companies with the "AMS Business Tour" initiative. Teams from the AMS will help companies in finding personnel, as the latest employment figures from the AMS show that three out of ten job vacancies currently cannot be filled even after three months of searching. Read more about this new initiative and some of the latest numbers from the AMS.

October 11, 2021

Wiener Linien: 3,000 New WienMobil Bikes in Vienna in 2022

Wiener Linien has announced that its new bike-sharing service "WienMobil Rad" will be replacing "Citybike Wien" in 2022. They also announced there will be more bikes available in more locations. Read about the new bikes, how much they will cost, and where they can be found in Vienna.

October 8, 2021

Polish-Austrian Relations: Official Visit and Business Forum in Warsaw

Polish President Andrzej Duda hosted Austrian President Alexander Van der Bellen in Warsaw for the first official visit of an Austrian President in Poland since 2009. The two had a meeting and held a joint press conference in which they discussed various issues, including Poland's current issues with the EU. Van der Bellen also attended an economic forum and met with other Polish leaders. Read more about the details of the President's visit to Poland.

October 6, 2021

Austrian-Japanese Society Hosts the 5th Japanese Film Days in Vienna

After being canceled in 2020 due to the COVID-19 pandemic, the Austrian-Japanese Society (ÖJG) will host the fifth "Japannual" Japanese Film Days in Vienna at the Film Casino in Margareten. With over 20 films included this year, the festival brings a broad overview of current film events in Japan to Vienna. Read more about the festival, some of the movies included this year, and how to get tickets.

October 5, 2021

Modigliani in Vienna on the 100th Anniversary of his Death

To mark the 100th anniversary of Amedeo Modigliani’s death, the Albertina Museum in Vienna is honoring him with an exhibition including around 130 works. The exhibition includes works from three continents and some pieces from his counterparts, including Pablo Picasso. Read more about the new exhibition, learn about Modigliani, and view some examples of the works that are now on display.

October 5, 2021

Wealth Management: Schelhammer Capital Bank Becomes Austria's Leading Private Bank

Bankhaus Schelhammer & Schattera AG and Capital Bank - GRAWE Gruppe AG have merged to form Schelhammer Capital, the strongest private bank in Austria. Read more about the newly created bank and what Chairman of the Board Christian Jauk said about the merger.

October 4, 2021

Auschwitz-Birkenau: Austrian Delegation to Visit Largest Mass Murder Site in Human History

At the invitation of the Director of the Auschwitz-Birkenau State Museum Piotr M.A. Cywiński and Austrian National Council President Sobotka, an Austrian delegation including President Van der Bellen and Foreign Minister Schallenberg will attend the opening of the new Austrian national exhibition "Distance - Austria and Auschwitz" in the Auschwitz-Birkenau Museum at the former Nazi concentration camp. Read more about the important new exhibition, who will be attending the opening, and the schedule for the rest of the president's trip to Poland.

October 4, 2021

U.N. 2030 Agenda for Sustainable Development: Latest Austrian Approaches

In furtherance of the U.N. 2030 Agenda for Sustainable Development, Austria has created the SDG Dialogue Forum Austria. This new annual event is intended to promote partnerships as described in SDG 17 of the U.N. Sustainable Development Goals. Read about this new event and what Austrian EU Minister Karoline Edtstadler said at its first meeting at the Natural History Museum Vienna.

September 30, 2021