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Vienna International Community - Top Entrepreneurs - Latest Headlines
Read updated news about key entrepreneurs in Vienna's international community
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Wien Energie Brings Special Energy Tariff for Small Businesses
Given the high energy costs, companies are also coming under pressure. In Vienna, a new tariff for small businesses will start in November, which offers a 12-month price guarantee and a discount for commitment. This new tariff is now officially promoted by City Councillor for Economic Affairs Peter Hanke.
November 1, 2022
Celebration of the 99th Foundation Day of Türkiye in Vienna
The invitation of the Turkish Embassy in Austria was accepted by numerous representatives of the diplomatic corps, representatives of Austrian state institutions as well as prominent members of the large Turkish diaspora in Vienna. The reception on the occasion of the celebration of the 99th anniversary of the founding of the Republic of Turkey took place in the Strauss Hall of the Vienna Kursalon.
October 30, 2022
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UNESCO Celebrates "50 years of World Heritage - 30 Years of Ratification by the Republic of Austria".
At the invitation of the Austrian Commission for UNESCO, the celebrations of this year's double World Heritage anniversary took place. The motto of the event was "50 years of World Heritage - 30 years of ratification by the Republic of Austria" and took place in the historic Kursaal of the town of Baden near Vienna, itself part of the transnational World Heritage site "Great Spa Towns of Europe".
October 24, 2022
Austria's Richest Man Passed Away: What Happens to His Red Bull Imperium?
Dietrich Mateschitz passed away last weekend at the age of 78. The richest Austrian leaves behind a corporate empire and was considered one of the richest people in the world with an estimated fortune of over 27 billion US dollars.
October 24, 2022
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Diplomats as Economic Bridge Builders: Austrian Companies Present Themselves to the Diplomatic Corps
International investors and cross-border business relations were what Tyrolean and Vorarlberg company representatives hoped for at the recently held "Business Location Austria" event. This brought together representatives from business, tourism and entrepreneurship with diplomats accredited in Austria to network with each other.
October 21, 2022
Trade Between Tiger States and Austria at a High Level
The great potential for Austrian companies that emanates from the so-called tiger states in Asia was the main point of the Asia conference recently held by the WKO. Singapore, Hong Kong, Malaysia and South Korea are considered global hotspots for innovation and new technologies.
October 20, 2022
Promising Austrian Start Ups Receive Important European Innovation Funding
The European Innovation Council (EIC) Accelerator programme is designed to help Europe's most promising innovators achieve an international market breakthrough. Four Austrian companies are also among the 75 start-ups that have received funding.
October 19, 2022
Every Third Austrian Had to Suffer Income Losses in the Last Year
The COVID-19 pandemic and the many current crises have left a mark on the Austrian population. According to a recent survey, more than one third of Austrians suffered a loss of income within the last 12 months.
October 14, 2022
Austrian Foreign Minister at the Young Entrepreneurs Summit in Germany
Austria's Foreign Minister Alexander Schallenberg took part in the Young German Entrepreneurs Summit this year. The annual event took place this year under the motto "The World in Transition" and focused on the economic and social consequences of the Russian invasion of Ukraine.
October 14, 2022
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Vienna Conference against Human Trafficking in October
The Vienna Conference against Human Trafficking will be held on October 13, 2022. The event will be held under the title „No Future for Trafficking“, in cooperation between the Vienna Institute for International Dialogue and Cooperation (VIDC), the International Organization for Migration (IOM), the OSCE, and again with the Principality of Liechtenstein at the Diplomatic Academy of Vienna and online.
October 4, 2022
Born Global Academy: Initiative of the Austrian Federal Chamber of Commerce
Internationalization is high on the agenda of many Austrian startups. According to Start-up-Monitor, 80 percent planned to export their business model this year. The Born Global Academy was launched last year by Aussenwirtschaft Austria and weGrow International offers an internationalization program for startups.
October 3, 2022
German-Austrian Technology Forum Deals With Change Towards Sustainable Economies
The question of industry in a more sustainable world has been a key issue in business for many years. Now, the German Chamber of Commerce in Vienna organised an event that invited industry representatives to discuss the shift towards sustainable business.
October 3, 2022
Vienna Conference on Journalist Safety in November
The Vienna Conference on Journalist Safety will be held on November 3 and 4. The event will be held under the title "Safety of Journalists: Protecting media to protect democracy", in cooperation between the Austrian Foreign Ministry, the UN Educational, Scientific and Cultural Organization and the Office of the UN High Commissioner for Human Rights at Palais Niederösterreich and online.
September 29, 2022
How International Direct Investment and Skilled Workers Influence the Austrian Economy
A new study deals with the question of the extent to which foreign companies and workers influence Austria's value creation. The results show a clear outcome. Read on if you want to learn more!
September 28, 2022
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Austria's Economy Demands Help with Energy Crisis
Many companies in Austria are currently struggling with the high energy prices. Now the Austrian Federal Economic Chamber and the Federation of Austrian Industries are calling for political intervention to prevent company closures.
September 27, 2022
Strengthening Italian-Austrian Economic Relations: Italy Receives Austrian Federal President
With a delegation of business representatives, Austria's Federal President, Alexander Van der Bellen, visited Rome this week. The delegation of Austrian entrepreneurs was led by Harald Mahrer, President of the Austrian Federal Economic Chamber. A major focus of the companies accompanying the delegation was renewable energies, where Italy as a major trading partner is expected to offer some lucrative contracts.
September 15, 2022
Austria's Best Wines Are Awarded
One of the most famous Austrian wine competitions has tested 275 wines this year. SALON as the competition is called has chosen 21 of them as winners. For the first time, the wines were tasted and evaluated according to their origin and not by grape variety.
September 12, 2022
Global Business Campaign ReFocus Austria to Be Continued
A lot of attention was given this year's Ambassadors' Conference in Vienna to Austria's export economy as well as to ReFocus Austria, the successful economic campaign that has now been continued.
September 9, 2022
Trade Relations With the USA: Exports and Investments of Austrian Companies on a Strong Upswing
Austrian companies are increasingly exporting to the USA. It is already their largest overseas market and mutual bilateral investments are steadily increasing. Read on to find out what influences the positive growth dynamics and why Austrian products are in such demand in the US.
August 16, 2022
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What Happened to the Russian Sberbank in Vienna after the Invasion of Ukraine?
The Russian bank Sberbank is one of the largest in Europe and has been hit hard by the European Union sanctions triggered by the Russian invasion of Ukraine. To find out what happened to its Vienna branch and whether it can continue to do business in Austria, read on.
August 10, 2022
The Importance of Migrant Businesses for Vienna's Economy
It is common to see migrants run and maintain many businesses in Vienna. They offer a variety of different products and services, but they all share one thing: they make a significant contribution to the Viennese economy. In a new study, migrant businesses were examined and their impact on Austria's capital was clearly demonstrated.
August 8, 2022
Most Popular Congress Cities Worldwide: Vienna in 1st Place Despite COVID-19 Pandemic
As an ideal venue for international congresses and events, Vienna has built a reputation in the past. Now this reputation has been confirmed by the International Congress and Convention Association. The first congress statistics published by Vienna since the Covid-19 outbreak were published in 2021, placing it ahead of Lisbon and Athens as the world's top conference metropolis.
August 5, 2022
European Forum Alpbach Will be Opened by Moldovan President Maia Sandu
The Moldovan President, Maia Sandu, will attend the opening of this year's European Forum Alpbach (EFA) together with Federal President Alexander Van der Bellen on August 22. At the start of the event, they will jointly address the EFA's annual theme, The New Europe, and discuss what consequences, in light of Russia's Invasion of Ukraine, Europe must draw from its current weakness and its inaction in the past.
July 27, 2022
Wirecard Scandal: New Indications for Marsalek's Stay in Moscow
Former Wirecard board member Jan Marsalek, who has been in hiding for two years, could be living in Moscow under the protection of Russian intelligence services.
July 26, 2022
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How the War in Ukraine Affects Austrian Businesses
Besides causing enormous humanitarian and political problems, the Russian invasion has also caused a chain reaction in the economy that has been felt worldwide. Austrian Institute of Economic Research (WIFO) published a survey that examines exactly these questions in order to determine how strongly Austrian companies feel the crisis impacts them and which sectors are most affected.
July 19, 2022
"Award for Innovation in Africa" Awarded for the First Time in Austria
The "Kofi Annan Award for Innovation in Africa" was awarded for the first time this week to African start-ups, all of which were dedicated to the topic of digital health. The three winners come from Kenya, Nigeria and Zimbabwe and can look forward to prize money of 250,000 euros each. Read on to find out what goals the respective projects have set themselves.
July 12, 2022
Vienna Economic Council - How Vienna Deals With Current Economic Challenges
The Vienna Economic Council met this week to deal with the effects of the conflict in Ukraine. The aim was to make Vienna attractive as a business location and to manage emerging economic crises in the best possible way. Read on if you want to learn more!
July 7, 2022
Emotional Appeals From Zelenskyy, Clooney and Others During 4Gamechangers Event in Vienna
During his first live address to Austria Thursday, Ukraine's president Volodymyr Zelenskyy made an emotional appeal. Moreover, he called for tougher sanctions against Russia as well as increased support for Ukraine. Selenskyj said during a 4Gamechangers festival circuit that the war is also a "gamechanger" for Europe. An earlier appearance by Hollywood star George Clooney created a stir.
July 5, 2022
Russian Food Markets in Vienna Under Pressure
Specialty foods such as vodka, buckwheat, and chocolate are available in Vienna's Russian groceries. Since Moscow invaded Ukraine, Austrian-Russian traders have been worried about import difficulties and hostility.
June 28, 2022
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Cooperation Program Between Indonesia and Austria Receives International Award
A project realised in the course of an international cooperation programme between Indonesia and Austria recently received the coveted Constantinus Award 2022 in the category "International Projects". The cooperation between the Austrian company Bit Media and the state of Indonesia involved the development of a maritime vocational training centre at the Vocational and Productivity Training Centre (BBPVP) Medan in Indonesia.
June 16, 2022
Vienna Stock Exchange Prize 2022 Back on Stage Again
This year, for the first time, the Vienna Stock Exchange Award went to the Styrian printed circuit board manufacturer AT&S. Second and third place went to the oil and gas group OMV and the building materials manufacturer Wienerberger. The prize was awarded for the 15th time.
June 15, 2022
Austrian World Summit 2022: Fighting Against Climate Change in Vienna
Today in Vienna, the top climate change leaders from Europe and the USA will meet to discuss the consequences of climate change and to find solutions for this global crisis. The sixth edition of the "Austrian World Summit" takes place today, June 14, at the Vienna Hofburg and was initiated by Arnold Schwarzenegger.
June 14, 2022
New Photography Museum Will Open in Vienna
A new photography museum will open in Vienna's Arsenal in fall 2024. This museum will be a showcase and discussion space under the name Foto Arsenal Wien. In order to adapt the building, the city is investing two million euros. Read more about Vienna's newest addition to the city's bustling cultural scene.
June 1, 2022
The Austrian Development Bank's Efforts in Climate Protection and Energy Supply
The Austrian Development Bank recently published its latest Impact Report, disclosing the development effects achieved through its investments. The published report shows that the projects supported by OeEB saved more than 1.19 million tons of CO2 emissions and gave more than 297,000 micro, small and medium-sized enterprises access to one or more loans.
May 31, 2022
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Business Festival in Vienna as the Centre of the International Startup World
Vienna will be the venue for one of the biggest start-up events in the world this month. Thousands of visitors from over 40 nations will attend the ViennaUP'22 festival between 27 May and 3 June. If you want to find out what the 8-day programme will focus on and why ViennaUP is unlike any other festival, read on.
May 10, 2022
Protection of the European Single Market: European Commission Wants to Control Third-Country Subsidies
The European Commission has presented a new proposal to combat competition-distorting subsidies from third countries. The background for the proposal is the increasing global imbalance between companies from the EU and those from third countries. This is primarily to counter the influence of China and Chinese companies in Europe.
May 5, 2022
How the War in Ukraine Affects German-Austrian Trade Relations
After a Corona-induced decline in trade between Germany and Austria, the situation seemed to settle down again in 2021. However, high expectations for growth have recently been depressed by the Russian invasion of Ukraine. A brief analysis.
May 2, 2022
Austria Professes to be the Official Seat of Many International Organizations
The Secretary-General for Foreign Affairs, Peter Launsky-Tieffenthal, today welcomed the more than 80 Permanent Representatives to International Organizations in Vienna for an exchange at the Ministry of Foreign Affairs on Austria's official residence. The meeting resumes a regular dialogue format that helps strengthen Vienna as a center for diplomacy.
April 27, 2022
IAEA’s First International Conference on Nuclear Law
The IAEA currently hosts the world's top experts on nuclear law to examine the current nuclear law framework in the changing landscape of technology, opportunities, and challenges. Read more about the importance of the First International Conference on Nuclear Law.
April 26, 2022
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Impact Fund of the Austrian Development Bank: 72 Million Euros for Developing and Emerging Countries
The Austrian Development Bank, together with Bank Gutmann, has just completed the raising of capital for an investment fund that will benefit developing and emerging countries. A total of 72 million euros is to help improve living conditions in these countries and trigger an economic upswing.
April 15, 2022
Cooperation Between the USA and Austria - USA Adopts Austrian Education Model
In the future, Austria and the United States will deepen cooperation in the field of labor. The United States wants to copy Austria's successful apprenticeship system in order to counteract the acute shortage of skilled workers in the country. In addition to a regular exchange at the expert level, Austrian companies in the U.S. will also help with the implementation.
April 14, 2022
Arab Chambers’ Day at the Austrian Pavilion at Expo 2020 Dubai
The event "Arab Chambers' Day" at the Austrian Pavilion at Expo Dubai 2020 provided an opportunity for Emirati, Arab and Austrian delegates to meet and become acquainted with leading Austrian companies. Find out more about the event and which senior Arab and Austrian officials and delegations attended.
April 5, 2022
European Forum Alpbach Gets Ready for Its 2022 Event
The date for the European Forum Alpbach was recently set by the organizers and will take place between August 21 and September 2. The event, which is a great networking opportunity, is focusing on a new program design this year. If you are interested in what is on the program and which days are best to visit, then read on now.
April 5, 2022
Austria as a Pharma Industry Location: 50 Million Euro Investment Package for the Life Science Sector
In order to strengthen one of the most important economic sectors of the domestic economy, the pharmaceutical industry, the budget for the funding program "Austrian Life Sciences" was recently presented. Minister of Economics Margarethe Schramböck hopes that this will make Austria more attractive as a business location for life science companies.
April 1, 2022
Austria Enhances Bilateral Economic Relations with Conflicting Neighbors India and Pakistan
The initiative ReFocus Austria, accompanied by Austria's Foreign Minister Alexander Schallenberg, visited the emerging republics of Pakistan and India in recent days. The aim of the trip was to establish economic relations and promote mutual investments. Read on if you want to know which sectors are in particular demand.
March 23, 2022
IAEA Staff Association Ball 2023: The History of the UN Ball in Vienna
Vienna's history has one special sort of cultural event season every year. One important ball for the international community is the IAEA Staff Association Ball, which has become an integral part of Vienna's traditional ball calendar. The next IAEA Staff Association Ball will take place on the 11 of February 2023.
March 17, 2022
Congress Tourism Vienna on the Verge of a Comeback
The seemingly endless procrastination has come to an end - after an absence of two years, the congresses and events are returning to Vienna. This calls for flexibility and time management above all, because the schedule is tight. Here you can read about the events that await you in Vienna this year.
March 16, 2022
Vienna Business Agency Sees Significant Increase in Expat Advice Requests
The Expat Center and the Business Immigration Office of the Vienna Business Agency saw a stark increase in the number of expats seeking advice during the COVID-19 crisis. Read about this increase and how the Vienna Business Agency has assisted expats.
February 9, 2022
Expo 2020 Dubai: Austria's Youth Showcase Their Innovation
The four teams that won Austria's "Innovative Youth" competition will get to showcase their projects at the World Expo 2020 in Dubai. Read about the competition and what the winning projects were.
January 27, 2022
"Golden Sunday" Returns: Austrian Non-Food Retailers Allowed to Remain Open on December 19
In an attempt to recoup some of the billions of euros retailers lost out on due to the lockdown in the middle of the holiday season, the Austrian government has announced that non-food retailers will be allowed to remain open on Sunday, December 19 for what is known as "Golden Sunday." Learn which stores the exception applies to and when you can do some last-minute Christmas shopping on Sunday.
December 17, 2021
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