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Vienna International Community - Top Executives - Latest Headlines
Read updated news about key executives in Vienna's international community
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UNODC World Drug Report 2022 Highlights Trends in Global Drug Supply and Demand
The United Nations Office on Drugs and Crime released its annual World Drug Report. The Report highlights new trends on cannabis post-legalization, environmental impacts of illicit drugs, relations between drug markets and conflict zones like Ukraine, and drug use among women and youth. Learn more about the World Drug Report 2022.
June 29, 2022
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Moody's Declares Russia in Default
The U.S. company Moody’s announced in New York that it was concerned with interest payments on two government bonds that had not been received by creditors even after a default period of 30 days had expired.
June 28, 2022
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Leadership of the Islamic Religious Community in Austria Becomes More Female
The leadership of the Islamic Religious Community of Austria (IGGÖ) is becoming more female. With the social-care assistant Mashaer Ali Hamad, four of the 15 members of the highest administrative body, the Supreme Council, will be women in the future.
June 26, 2022
Europa Forum Wachau: Shaping the Future of Europe
Austria is once again at the centre of European politics. At the 26th edition of the European Forum Wachau, many prominent guests from business, diplomacy and politics gathered in Lower Austria to discuss the future of the EU and its current challenges. The motto of this year's event is "Safeguarding Europe's future".
June 24, 2022
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Vienna Israelite Community Signs Agreement "Together.Safe" with Austrian Ministry of the Interior
The new cooperation "TOGETHER.SAFE" is intended to create a dialogue between the police and the Jewish community. The Jewish Religious Community and the Austrian Ministry of the Interior launched the initiative.
June 21, 2022
Austria Goes Back to Coal Power
The Mellach heating power plant in Styria, which is currently shut down, is to be converted so that electricity and heat can be generated there again from coal in an emergency. This was confirmed by Austria's Chancellor Nehammer.
June 20, 2022
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UNIDO Strengthens Cooperation Between Italy, UN Agencies and Private Sector
United Nations Industrial Development Organization Chief Gerd Müller traveled to Italy. The aim of the trip was to intensify the cooperation with Italy. Müller met Italian diplomats, representatives of the business community and the United Nations in Rome and signed an agreement with the Italian energy company Eni.
June 19, 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
First Austrian National Forum against Anti-Semitism Meets in Vienna
The first Austrian national forum marks another milestone in the Austrian national strategy against Anti-Semitism. Anti-Semitism is still a problem in many places. Austrian complicity in the Holocaust and recurring attacks against Jews explain the importance of this forum.
June 14, 2022
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IAEA Prepares Visit to Zaporizhzya Nuclear Power Plant Despite Russian Occupation and Opposition from Kyiv
The International Atomic Energy Agency prepares a visit to the Zaporizhzhya nuclear power plant in the Russian-occupied zone of Ukraine. While this in itself is a difficult undertaking because of the Russian occupation forces, Kyiv's defensiveness added to this, complicating the IAEA's efforts to assess and ensure the nuclear safety of Europe's largest nuclear power plant.
June 9, 2022
What is the Austrian Ombudsman Board?
The Austrian Ombudsman Board began its work 45 years ago. Since then, according to the Austrian constitution, anyone who suspects maladministration can turn to the Austrian Ombudsman Board. The Austrian Ombudsman Board in Vienna also houses the General Secretariat of the International Ombudsman Institute. Learn more about the Austrian Ombudsman Board.
June 8, 2022
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Strategic Assistance for Western Balkan Countries: "Regional Strategic Leadership Course" in Austria
As part of the "Regional Strategic Leadership Course," high-ranking civilian and military leaders met in Austria in early June to receive joint training in strategic decision-making. The first module of the first-ever course was held at the National Defense Academy in Vienna.
June 8, 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
Dignitaries From Vienna in Davos: Recap of the World Economic Forum 2022
The World Economic Forum (WEF) took place and some dignitaries from Vienna attended the meeting in Davos. Read more about the World Economic Forum in Davos in the Recap.
May 31, 2022
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Austrian Foreign Ministry and Ars Electronica Strive for Artistic Freedom
Austrian Foreign Ministry and Ars Electronica created a Virtual Space for artistic freedom. In times of crisis, there is clear support for artists and artistic freedom.
May 30, 2022
IWM Permanent Fellow Timothy Snyder Receives Tryzub "Friend of Ukraine" Award
Timothy Snyder, IWM Permanent Fellow, has received the Tryzub Award for Friends of Ukraine. The award was presented to him by Chrystia Freeland, Deputy Prime Minister of Canada for his contributions in support of Ukraine and democracy.
May 30, 2022
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Think Tank: Concerns About EU Sanctions Against Russian Oil and Gas
For some time now, the business community has been complaining about the lack of information on how gas and oil will be distributed sensibly in the event of a supply freeze from Russia. The Austrian Economic Research Institute (WIFO) is also concerned about the future of the energy supply and discusses possible solutions.
May 29, 2022
How the Austrian Development Agency Assists in Moldova
The Austrian Development Agency supports the Republic of Moldova. The Republic of Moldova is characterized by an economy specialized in agriculture. However, the country has many political and economic problems, that need to be addressed.
May 23, 2022
Austrian New Chairman Of the European Union Military Committee
Austrian Chief of General Staff Robert Brieger is the new permanent Chairman of the European Union Military Committee. The European Union Military Committee is the highest military body set up within the Council setting up the Military Committee of the European Union.
May 22, 2022
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Austrian Leadership Program 2022 Underlines Friendship Between Austria and Western Balkans
The Austrian Leadership Program 2022, the Secretary-General for Foreign Affairs, Peter Launsky-Tieffenthal, welcomed 22 selected leaders from the countries of the Western Balkans to the Ministry of Foreign Affairs. This year's visit program focuses on the topic of "Green Technologies".
May 19, 2022
European Central Bank Calls for Action Against Inflation
The European Central Bank is calling for quick action against inflation. The inflation rate shot up to 7.4 percent in the euro area recently, well above the ECB's target of two percent.
May 19, 2022
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Finland and Sweden Submit Applications to Join NATO
With Russia posing a threat to Finland and Sweden through its attack on Ukraine, both countries decided to join NATO. The ambassadors of Finland and Sweden handed over the relevant documents to NATO Secretary General Stoltenberg this morning.
May 18, 2022
UN Secretary General António Guterres Met Austria's President Alexander Van Der Bellen in Vienna
The UN Secretary-General, António Guterres is currently visiting Vienna and met with Austrian President Alexander Van der Bellen. The main topic of conversation was the conflict in Ukraine and its international ramifications.
May 11, 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
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Construction Giant Strabag Removes Russian Voice on Supervisory Board
At the recently held Extraordinary General Meeting of STRABAG SE, Thomas Bull, a member delegated by the major shareholder Rasperia, was dismissed. His company is owned by the Russian oligarch Oleg Deripaska, who must therefore completely relinquish his control over Strabag.
May 5, 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
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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
IAEA Director-General Chief Grossi Will Lead Assistance Mission to Ukraine’s Chernobyl Nuclear Power Plant
The Russian war of aggression in Ukraine threatens the country's nuclear security. The country has many nuclear power plants and Russian troops were entrenched in Chernobyl until a few weeks ago. To maintain nuclear safety efforts at Chernobyl, Rafael Mariano Grossi, Director-General of the IAEA, will lead an assistance mission to Ukraine’s Chernobyl Nuclear Power Plant.
April 22, 2022
Special Representatives of OSCE Chairman-in-Office Visit Council of Europe
Personal Representatives of the OSCE Chairman-in-Office for tolerance issues visited the Council of Europe. During this visit, meetings were held about Human Rights, Equality and Non-Discrimination. During the meetings, the representatives urged Russia to stop its invasion of Ukraine.
April 21, 2022
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EU Subcommittee of the Austrian Parliament Discussed on Future EU Economic Policies
The EU Subcommittee of the Austrian Parliament discussed future EU economic policy. The topics of artificial intelligence, digitalization, EU trade policy, the update of the EU industrial strategy of 2020 and the modernization of competition law.
April 20, 2022
Ukrainian Ambassador Khymynets Thanks Austrian Communities for Hosting Refugees
Ukrainian Ambassador Khymynets thanked Austrian communities for hosting refugees from Ukraine. Close cooperation between Austrian and Ukrainian communities is planned.
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
OPEC Secretary General Barkindo to Become Distinguished Fellow of the Atlantic Council
Mohammad Sanusi Barkindo, the Secretary General of OPEC, was recently awarded a Distinguished Fellow of the Atlantic Council. Find out what he said about his organisations headquarter location and about a speech he gave at the Diplomatic Academy of Vienna.
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
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How the Austrian Development Agency Assists in Post-Soviet Conflicts in the South Caucasus
Since the collapse of the Soviet Union, the South Caucasus states of Armenia and Georgia have been searching for a new political and social identity. The trend goes in the direction of Europe. The EU and Austria are standing by with support.
April 4, 2022
Vienna International Airport Hub With Newly Designed Terminal 2
The long-awaited Terminal 2 has finally reopened. After 2 years of renovation, it is finally available for passengers again. This is urgently necessary, because after the many years of the Corona pandemic, the airport management expects a significant increase in tourist numbers and accordingly more traffic at the airport Vienna-Schwechat.
March 30, 2022
U.S. Ambassador Vicki Kennedy Received at AmCham Austria Welcome Gala Dinner
New U.S. Ambassador Victoria R. Kennedy recently attended an event organized by the American Chamber of Commerce in Austria (AmCham Austria), where she spoke about transatlantic trade relations and the Ukraine conflict. Read on to learn more about the event and its participants.
March 24, 2022
Austria's Raiffeisen Bank Now Considering Russia and Ukraine Exit After All
Raiffeisen Bank International is considering withdrawing from Russia. The enormous civil suffering in Ukraine caused by Russia's war of aggression had led the management to this decision. This step is not taken easy, since Russia counts as one of the key areas of the Austrian bank.
March 18, 2022
Putin's War Forces OMV to Make Most Fundamental Strategic Shift in Its History
Russia's aggression toward Ukraine is forcing OMV, the Austrian oil, gas and petrochemical group to take drastic measures. The company's management decided to stop all investment activities in Russia and to rely on alternative suppliers in the future. OMV thus joins many other companies that are slowly turning their backs on the Russian market.
March 17, 2022
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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
How Gazprom Helps the Kremlin to Manipulate Austria
The Russian government uses the majority state-owned energy corporation Gazprom to exploit Europe's dependency on Russian natural gas, and Austria is no exception. Read how the Kremlin uses Gazprom to influence Austria.
March 8, 2022
Russia's Sberbank with European Headquarters in Vienna under Pressure
The Austrian Financial Market Authority (FMA) has announced a moratorium on Sberbank Europe AG, a European subsidiary of the Russian state-owned Sberbank. Read what this means for Sberbank Europe and its customers.
February 28, 2022
Putin's People in Austria and Beyond
Following Putin's invasion of eastern Ukraine with the aim of regaining former Soviet territory, two former European prime ministers from Italy and Finland have already resigned from the supervisory boards of two Russian companies. However, some Austrian and German politicians see no reason to resign their mandates. In the following some explanations why.
February 25, 2022 · Updated: February 25, 2022; 11:23
Austria's Population will Exceed Nine Million this Year
Austria's population is nearing nine million and should reach this mark sometime in 2022. Read more about Austria's recent population increase.
February 16, 2022
FDI in Austria: ABA Location Agency Serves 364 International Companies
The annual results from the Austrian Business Agency (ABA) show that its location agency serves 364 international companies. Read more about the ABA's annual results and how the agency is helping companies settle into Austria.
February 15, 2022
TTTech Auto Becomes USD-Unicorn in Automotive Technology
By raising an additional EUR 250 million from Aptiv and EUR 50 million from Audi in its latest funding round, TTTech Auto will be enabled to expand its product portfolio for automotive manufacturers and technology partners, to expand internationally in key regions and to extend its capabilities through strategic M&A and product investments.
February 10, 2022
Demand for Luxury Real Estate in Austria Increased by 12 Percent Due to the Corona Situation
Luxury real estate demand increased by 12 percent in Austria in 2021, according to the Engel & Völkers Group. Read more about the luxury real estate trends in Austria and around the world.
January 17, 2022
Gernot Blümel Now Working for Superfund Co-Founder Christian Baha
Former Austrian finance minister to become CEO of Superfund from March 2022 and is expected to push the asset manager's expansion.
January 12, 2022
Austrian Airlines Finally Has a Female Chief Executive
Annette Mann has been chosen to be the next CEO of Austrian Airlines, succeeding Alexis von Hoensbroech. Ms. Mann will become the first female CEO of Austrian Airlines. Read more about her selection and her predecessor's departure.
December 20, 2021
Erste Group Acquires 100% of Commerzbank Hungary
Erste Bank Hungary Zrt. is acquiring Commerzbank’s Hungarian corporate banking subsidiary Commerzbank Zrt. Through this purchase, Erste is strengthening its position in the corporate banking business in Hungary.
December 20, 2021
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