Vienna International Community - Top Entrepreneurs - Latest Headlines

Read updated news about key entrepreneurs in Vienna's international community

Signa in Upheaval: Rene Benko's Retreat and the Future of the Real Estate Giant

Significant changes have now taken place at the real estate and retail group Signa. Company founder Rene Benko is stepping down and handing over the reins to restructuring expert Arndt Geiwitz. This step follows pressure from investors and is intended to initiate a comprehensive restructuring of the group. Benko's removal from power was already apparent in the industry, but it has now been officially announced that Geiwitz will take over as Chairman of the Shareholders' Committee and the Advisory Board. However, the circumstances surrounding Benko's voting rights remain uncertain.

November 9, 2023

Vienna Mutfluencer Project: An Example of European Solidarity Awarded the Citizens' Prize

In a time of global challenges, the Viennese social project "Mutfluencer*innen" has received significant recognition for its commitment by being awarded the European Citizen's Prize 2023. The initiative, which was launched in the summer of 2021, aims to empower young people - especially those from disadvantaged backgrounds - to face the challenges of crises, isolation, and fears for the future.

November 7, 2023

Rene Benko and the Future of the Signa Group: Silence Before the Storm?

The Austrian Signa Group once celebrated as a shining star in the real estate sky and a powerful player in the retail sector, is currently facing uncertain times and financial turbulence. Company founder Rene Benko, who has led the group from a non-operational position since 2013 and holds the majority of voting rights through his family foundations, is at the center of a heated debate about the group's future.

November 6, 2023

Vienna Pioneer for Circular Economy: Climate Lab as a Spark for Climate Transformation

In the heart of Vienna, more precisely at the Climate Lab in Vienna Spittelau, an innovative movement has emerged that has the potential to fundamentally change the way Austria's economy deals with its resources. Climate Protection Minister Leonore Gewessler and the top representatives of Austria's largest companies came together to drive forward a sustainable transformation of Austria as a business location, with the Climate Lab playing a key role.

November 5, 2023

German Car-Sharing Company Under Suspicion in Vienna for Million Euro Fraud

In a sensational move, police authorities in Germany and Austria have launched extensive investigations into a German car-sharing company, overshadowed by a blatant suspicion of multimillion-dollar parking fee fraud. The investigations are targeting the company's directors and involve alleged offenses such as gang crime, fraud, and document forgery.

October 11, 2023

Tensions Between Kosovo and Serbia: Is a New Conflict Looming?

The recent incident has renewed tensions between Kosovo and Serbia, raising fears of a possible armed conflict in the region. The situation in Kosovo appears to be calming, but the state of affairs remains incomprehensible to many.

October 3, 2023

Vienna Wins the "EU Organic Award": "Wiener Gusto" Named Best Organic Brand

The city of Vienna once again has a reason to celebrate. At this year's European Union Organic Awards, the city's food brand "Wiener Gusto" was named "Best Organic City". This important "EU Organic Award" was presented by the European Commission in a festive ceremony in Brussels. As a representative of the City of Vienna, Climate City Councillor Jürgen Czernohorszky proudly accepted the award.

September 26, 2023

Historic Center of Vienna Remains on the UNESCO Red List

The historic center of Vienna remains on UNESCO's red list of endangered World Heritage Sites despite recent changes to the Heumarkt project. This was decided by UNESCO. Now it is being examined whether the project is compatible with World Heritage in this way.

September 13, 2023

19th Salzburg Europe Summit 2023: "Europe: Setting out for New Horizons"

From September 24 to 26, 2023, the Institute of the Regions of Europe (IRE) invites you to the 19th Salzburg Europe Summit at the Salzburg Congress. More than 700 participants from all over Europe are expected to discuss together the current challenges and opportunities of the continent.

September 12, 2023

Green Peak Festival 2023: Austria's Pioneer for Climate Protection and Entrepreneurship

The renowned Green Peak Festival, which has established itself in the heart of Vienna as Austria's flagship event for sustainability and entrepreneurship, impressed once again. For the second year in a row, over 800 participants gathered to network, exchange ideas and discuss the latest developments in sustainability. The project was supported this year by the Embassy of Israel.

September 11, 2023

Austria's Ex-Economy Minister Schramböck in Saudi Arabia: Progress on Women's Rights and Economic Opportunities

The former Austrian Minister of Economy, Margarete Schramböck, has given insights into her new professional activities in Saudi Arabia in an interview with the magazine "trend". She is currently on the board of Aramco Digital, a digital subsidiary of Saudi Aramco, the world's largest oil company, which was founded in spring 2023. Schramböck plays an important role there, which she describes as "between the executive board and the supervisory board."

September 7, 2023

European Forum Alpbach 2023: A Turning Point for Europe's Future

The European Forum Alpbach (EFA) is entering a new round and is increasingly focusing on topics that will significantly shape Europe's role in the world. Under the motto "Bold Europe", decision-makers from business, politics, science, art, and culture are meeting in Tyrol to work together on solutions to pressing challenges.

August 30, 2023 · Updated: August 31, 2023; 09:37

PÜSPÖK and UNESCO: Empowering Climate Action through Nature Conservation and Renewable Energy

The Austrian company PÜSPÖK, a rapidly growing company in the field of renewable energies, is actively committed to climate, environmental, and nature protection. By supporting the initiative "Klimapartnerschaft.at", PÜSPÖK is committed to the preservation and protection of the largest primeval forest remnant in the Alpine arc, the UNESCO World Natural Heritage "Wilderness Area Dürrenstein-Lassingtal", thus contributing to the protection of a rare ecosystem and unique biodiversity.

July 25, 2023

Salzburg Summit: International Conference Brings Together Top Politicians, Scientists and Business Leaders

July 26, 2023, marks the start of the 4th Salzburg Summit, a high-profile international business and future conference that will take place on the fringes of the renowned Salzburg Festival. The event will be formally opened by EU Budget Commissioner Johannes Hahn and the President of the Federation of Austrian Industries (IV), Georg Knill. In light of recent global challenges, including a war on European soil and the global COVID-19 pandemic, the summit is dedicated to the goal of a sustainable future for Europe amid uncertainty.

July 23, 2023

Controversy Surrounds Jan Marsalek's Letter in Wirecard Scandal Trial

In connection with the Wirecard scandal trial, a letter from Jan Marsalek, a former Wirecard board member, is causing controversy. Marsalek, who has been on the run for three years, contacted the Munich Regional Court in writing through his lawyer.

July 19, 2023

Saving the Historical Habsburg Clothing Brand

The insolvency of the renowned Salzburg-based clothing manufacturer Habsburg in May came as a shock to lovers of the fine label of down-to-earth solidity. Two experienced entrepreneurs from the fashion and lifestyle industry have made the rescue of Habsburg their personal affair of the heart and have thus committed themselves to the continuation of the brand.

July 12, 2023

Wealth of the Richest Austrians Grows Despite Global Trends

In its latest issue, the business magazine "trend" publishes its annual ranking of the "100 richest Austrians". In contrast to some global studies, which show a slight decline in the ownership of the super-rich, Austria shows a different development. The assets of the 100 wealthiest individuals and families increased by five percent to a total of around 210 billion euros.

July 11, 2023

Salzburg Europe Summit 2023 Taking Place this Year for the 19th Time

The annual Salzburg Europe Summit, Europe's leading event, will once again address the many challenges facing Europe in September in Salzburg. Among others, topics from war and the climate crisis to energy supply and social coexistence will be discussed.

June 28, 2023

Wirecard Trial: Entire Wirecard Asia Business Made Up

Wirecard's insolvency administrator, Michael Jaffe, has confirmed that the company's deal with supposed partners in Asia was completely fabricated, according to recent findings. This is according to Jaffe's fifth status report to the Munich District Court.

June 27, 2023

European Movement Austria Presents Reform Ideas for the EU Single Market

Europe has achieved a level of prosperity that no previous generation has experienced. The EU Single Market, which celebrates its 30th anniversary this year, is the key to this success. The future of the Single Market was the focus of a panel discussion of the European Movement Austria (EBÖ) at THE LEO GRAND in Vienna.

June 27, 2023

Austria's Interior Minister Karner Refers to EU Entry Ban on Question of Asylum for Prigozhin

Austrian Interior Minister Gerhard Karner has stated that the head of the Russian mercenary group Wagner, Yevgeny Prigozhin, has no prospect of asylum in Austria. Initially, Karner spoke of a case-by-case examination to answer a related question but later specified via a spokesman that Prigozhin was on the EU sanctions list and therefore not allowed to enter the country.

June 26, 2023

Austria's Best Tax Consultants Were Awarded

The Institute for Investment Consulting (IFA AG) and the daily newspaper "Die Presse" presented the coveted "Tax Consultant of the Year" award to the best tax consultants in Austria. The festive award ceremony took place in the Sofiensälen in Vienna and was accompanied by Federal Minister of Finance Dr. Magnus Brunner as keynote speaker. More than 16,000 nominations demonstrate appreciation for both the industry and the award.

May 25, 2023

Time to Decide Europe Summit 2023: Experts Debate the Future of Europe and the Challenges of Today

The 'Time To Decide Europe Summit 2023' in Vienna brought together experts to debate the future of Europe in times of current crises. Vindobona.org reviews the event, which featured high-level keynote speeches and engaging discussions on geopolitics, democracy, economics, energy, and the environment.

May 18, 2023

Ukrainian Oligarch Dmytro Firtash Hiding in Vienna Faces Gas Purchase Manipulation Case

Dmytro Firtash, an oligarch who has lived in Vienna since 2014 and is linked to a U.S. extradition request, and eight other managers of gas companies in Ukraine controlled by Firtash have now been officially declared defendants in a criminal case.

May 15, 2023

Diplomats From All Over the World Compete in Soccer Tournament in Vienna

Last weekend, an extraordinary soccer tournament took place in Vienna: Diplomats from different countries competed against each other on the green pitch. The event brought diplomacy and sports together for the first time in a unique way.

May 15, 2023

Time to Decide Europe Summit to Address Urgent Questions Facing the Continent

The Time to Decide Europe Summit, a one-day conference co-organized by ERSTE Foundation and the Institute for Human Sciences (IWM), is set to address the most pressing dilemmas posed by the war in Europe. The conference will bring together prominent thinkers, political scientists, and economists to untangle the urgent questions facing Europe today and offer insights into the future of the continent.

May 11, 2023

New Chairpersons of the Austrian Citizens' Forum Europe

The ordinary general assembly of the Citizens Forum Europe (BGFE) in Vienna elected a new board. While Othmar Karas was reconfirmed as chairman, ex-Chancellor Christian Kern and ex-Vice President of the European Parliament Ulrike Lunacek will be his deputies in the future.

April 2, 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

New Funding for Economic Transformation in Austria

The Ministry of Labor and Economic Affairs (BMAW) has announced a new funding track under the Climate and Transformation Offensive. The Austrian Research Promotion Agency (FFG) supports the Austrian economy in the transformation and the BMAW provides €300 million for research funding until 2026.

March 1, 2023

Embassy of Iran Organized a Reception for the National Day of the Islamic Republic of Iran

On the occasion of the National Day of the Islamic Republic of Iran, H.E. Abbas Bagherpour Ardekani, Ambassador Extraordinary and Plenipotentiary to Austria and Slovakia, together with H.E. Mohsen Naziri Asl, Ambassador and Permanent Representative to the United Nations and other International Organizations in Vienna, hosted a reception at the Ambassador's Residence in Vienna.

February 9, 2023

Thriller Surrounding Ex-Chief of Belarusian Raiffeisen Subsidiary

The head of the Belarusian Raiffeisen subsidiary Priorbank and ex-honorary consul of Austria in Belarus has now been released after a period of imprisonment. The Austrian diplomat Sergey Kostyuchenko, who is said to have made great contributions to bilateral relations between Minsk and Vienna, was a political prisoner of Alexander Lukashenko's regime over the last year.

January 30, 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

EU Delegation in Vienna Organized Charity Gala "#EU4UKRAINE

The EU Delegation to the International Organizations in Vienna organized for the third time the EU Multilateral Christmas Charity Gala. The Kalush Orchestra, the Eurovision Song Contest (ESC) winner from Ukraine, also came to MuTh for the EU Multilateral Christmas Charity Gala in favor of Ukraine and performed together with the Janoska Ensemble, the Chorus Juventus of the Vienna Boys Choir.

December 18, 2022

AACC has organized a Business & Innovation Panel held at Palais Eschenbach

The Austro-Arab Chamber of Commerce (AACC) organized a high-level Business & Innovation panel which was held in the United Arab Emirates. Speeches were made, highlighting the good business relations between UAE and Austria.

December 9, 2022

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

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

The 19th KlezMORE Festival in Vienna 2022

Joyful, atmospheric Jewish klezmer music is at the heart of the KlezMORE Festival Vienna, which takes place in November from 5. – 20.11.2022 on a wide variety of Viennese venues. The lineup ranges from international acts of the klezmer scene to local pioneers of the genre.

November 9, 2022

What is the Alps-Adriatic Economic Network?

Since 2007, the Network of Chambers of Commerce, Industry, Crafts, Agriculture and Economy of the New Alpe Adria (NAAN) has been working to deepen economic relations. It now comprises - with the new addition of Bolzano - ten chambers from Austria, Italy, Slovenia and Croatia. According to the Austrian Chamber of Commerce, with one million member businesses, NAAN is making rapid progress toward becoming an EU Alps-Adriatic macroregion. Read more to find out about the project.

November 7, 2022

Vienna Conference on Journalist Safety 2022

On the occasion of the tenth anniversary of the United Nations Plan of Action on the Safety of Journalists, the Austrian Foreign Ministry, together with the UN Educational, Scientific and Cultural Organization and the Office of the UN High Commissioner for Human Rights, hosted the Vienna Conference on the Safety of Journalists. The conference, entitled "Safety of Journalists: Protecting media to protect democracy" was attended by more than 400 representatives of governments, international organizations, media and civil society.

November 6, 2022

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

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

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

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