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Read updated news about key executives in Vienna's international community
Chinese Delegation Strengthens Economic Ties in Styria
Relations between China and Austria, particularly with the province of Styria, were further strengthened by the visit of a high-ranking Chinese delegation. Ambassador Qi Mei of the People's Republic of China in Austria led a delegation from the Association of Chinese Enterprises in Austria (VCUOe) on a study trip to the federal state.
Yesterday
200 Years of Partnership: Austria and Brazil Strengthen Economic Cooperation in Vienna
As part of the 200th anniversary of diplomatic relations between Austria and Brazil, the 3rd meeting of the Joint Austrian-Brazilian Economic Commission (JEC) took place in Vienna last week. This meeting, which brought together government and business representatives from both nations, marks a significant milestone in the bilateral partnership and reaffirms the shared desire to deepen cooperation.
December 8, 2025
Vienna Summit on AI Regulation: Poland Presents Implementation of the AI Act
Central European experts gathered in Vienna to debate the future of artificial intelligence (AI). The high-profile event, entitled “Artificial Intelligence - Global Perspectives. Regulation, innovation and Impact across Industries,” was jointly organized by the Polish and Slovenian embassies in Vienna, with the support of the Diplomatic Academy of Vienna.
December 2, 2025
Vienna Stock Exchange Celebrates Double Success: ATX Reaches All-Time High and CEO Contract Extended
The Vienna Stock Exchange is experiencing a historic day: after 18 years, the Austrian benchmark index ATX reached a new record high at closing on Wednesday. At the same time, the Supervisory Board announced the extension of CEO Christoph Boschan's contract for another five years.
November 26, 2025
Ryanair: Growth in Bratislava, Decline in Vienna
Irish low-cost airline Ryanair is pushing ahead with its expansion in Slovakia and has announced 70 percent growth for Bratislava Airport. At the same time, the company is sticking to its previously announced cuts in Vienna. Ryanair CEO Michael O'Leary justified the change of course with the high costs in Austria and sharply criticized the Austrian government at press conferences.
November 25, 2025
Austria On Track: EU Commission Accepts Deficit Plans Despite Surprises
As part of its autumn package for the European Semester, the EU Commission has given Austria a positive assessment of its progress in the ongoing deficit procedure. Despite the expected higher budget deficits, particularly in some federal states, Vienna is certified to be on track to comply with EU requirements. No new requirements are expected for the time being. At the same time, the government's eagerly awaited industrial strategy is coming into focus, with leading economists calling for a “European dimension.”
November 25, 2025
OPEC and GECF Warn of Energy Crisis: Trillions in Investments in Oil and Gas Urgently Needed
At their Sixth High-Level Energy Dialogue in Vienna, the Organization of Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF) issued an urgent appeal to the international community: in view of record-breaking growth in demand, massive and long-term investment in oil and gas production is essential. Without sufficient funding, there is a risk of a shortage in supply security.
November 23, 2025
Charges Against Officials of the Syrian Assad Regime in Vienna
The Austrian judiciary has brought charges against two former high-ranking representatives of the Syrian Assad regime. They are accused of serious crimes against humanity, including grievous bodily harm, sexual assault, and systematic torture of detained civilians in Syria. The proceedings are based on the principle of universal jurisdiction, which allows such atrocities to be prosecuted regardless of where they were committed.
November 17, 2025
25 Years of the Austrian Marshall Plan Foundation: Transatlantic Bridge for Science and Innovation
The Austrian Marshall Plan Foundation celebrated its 25th anniversary at TUtheSky at the Vienna University of Technology. Under the motto “25 Years of Transatlantic Exchange,” the foundation brought together high-ranking representatives from politics, science, diplomacy, and numerous alumni to honor a quarter-century of successful transatlantic knowledge transfer between Austria and the United States.
November 13, 2025
Meet Secretary General of AmCham, Karin Zeltner, the Bridge Builder for Transatlantic Relations
The American Chamber of Commerce in Austria (AmCham) has had a new Secretary General for some time now: Karin Zeltner. Born in Vienna in 1982, the expert is taking up her post at a time when transatlantic trade relations are not only of crucial importance to the Austrian economy, but are also significantly affected by the tariff dispute between the EU and the US.
November 11, 2025
Book Vienna 2025: Largest Exhibition Ever Focuses on Expansion, Internationality, and Debate
Buch Wien 25, from November 12 to 16, announces the largest edition in its history. Austria's largest book event is expanding to two exhibition halls at the Vienna Exhibition Center and extending its program to over 500 stage events with around 660 participants. The focus will be on a strong international orientation and in-depth debates on socially relevant topics such as AI, feminism, and religion.
November 11, 2025
Luxury Hotel Mandarin Oriental Opened in Vienna
The Austrian capital has seen growth in the luxury hotel sector. The first hotel in Austria belonging to the renowned Mandarin Oriental hotel group recently opened in the inner city. Located at Riemergasse 7 near Wollzeile, the hotel invites guests and locals alike to explore Vienna's art and culture in a central location.
October 30, 2025
Tenth Anniversary of the ICMPD Migration Conference Calls for a “New International System”
The 10th Vienna Migration Conference (VMC), organized by the International Centre for Migration Policy Development (ICMPD), took place on October 21 and 22, 2025, marking a decade of intensive dialogue on shaping international migration policy. Over 300 delegates from politics, the private sector, academia, think tanks, international organizations, and civil society gathered to discuss sustainable migration management, the recruitment of skilled workers, and the challenges of implementing EU reforms.
October 29, 2025
Stocker and Weißmann in Favor of Israel's Participation in the Song Contest
The question of Israel's participation in the Eurovision Song Contest (ESC) 2026 in Vienna continues to cause international controversy and political debate. Austrian Chancellor Christian Stocker and ORF Director General Roland Weißmann have now spoken out clearly and unequivocally in favor of Israel's participation, citing Austria's historical responsibility.
October 29, 2025
Novartis Opens Second Biotech Facility in Austria
The pharmaceutical company Novartis has commissioned its second state-of-the-art cell culture facility for the production of monoclonal antibodies in Kundl (Kufstein district). The opening of the facility, which has been invested in with a total of €500 million, along with its sister facility in Schaftenau (Kufstein district), which opened in June 2024, is seen as a strong signal for the Austrian life sciences sector. With this expansion, Novartis is creating around 100 new jobs in Kundl and strengthening its global production capacity.
October 21, 2025
Austria at the Center of a Global Surveillance Scandal Involving Celebrities, Politicians, and Red Bull Executives
An international investigation by the "Surveillance Secrets" consortium has uncovered the largest known data set in the global surveillance industry to date and shines a spotlight on the allegedly illegal activities of the Indonesian company First Wap. Over the years, thousands of people worldwide have been secretly tracked and monitored, including Austrian singer Wolfgang Ambros, Hollywood actor Jared Leto, and numerous employees of the Red Bull Group.
October 16, 2025
Trial to Begin in René Benko Case Involving Non-Transparent Cash Flows and €30 Billion in Claims
Just under two years after the spectacular collapse of the Signa empire founded by René Benko, the 48-year-old investor is facing a turning point: the first criminal trial begins next Tuesday at the Innsbruck Regional Court. While the judiciary accuses him of concealing assets from creditors, the investigating authorities still consider the “big picture” of cash flows in the opaque Signa structure to be open.
October 12, 2025
OMV Changes Capital Market Strategy, Scales Back Investment Plans Until 2030
The partially state-owned energy company OMV is significantly adjusting its 2030 strategy and massively scaling back its planned investments. In order to increase its financial resilience in the face of ongoing economic and geopolitical volatility, the group is reducing its cumulative organic investment plans for the period from 2026 to 2030 by a total of five billion euros.
October 7, 2025
Croatian Businesses Showcase Their Activities at Schönbrunn Palace
The Croatian Economy Day took place in the imperial setting of the Gloriette in Schönbrunn Palace Park. Over 200 guests took the opportunity to engage in direct dialogue with around 40 Croatian companies. The event, organized by the representative office of the Croatian Chamber of Commerce (HGK) in Vienna, once again underscored the close and growing economic partnership between Austria and Croatia.
October 6, 2025
Vienna, a Hub for Espionage since the Cold War
For several historical and geographical reasons, Vienna has a long and distinguished history as a center of espionage. During the Cold War, Vienna gained particular significance as a hotspot for espionage, but even after the end of the Cold War, this status has continued and has even intensified in recent years.
September 26, 2025
Innovation in Politics Awards 2025 Honor Europe's Best Democracy Projects
As European Capital of Democracy 2025, Vienna was the venue for a festive gala at which the Innovation in Politics Awards 2025 were presented. The awards, which have been presented annually by the Innovation in Politics Institute since 2017, honor courageous political leaders and outstanding democratic projects from across Europe.
September 25, 2025
Alternative Right in Austria: Technology, Theology, and Political Strategy
In August of this year, tech billionaire Peter Thiel, who is also known for his proximity to the new right, caused confusion by visiting the University of Innsbruck unnoticed. At the same time, the FPÖ in Austria is moving closer to the U.S. right wing. The FPÖ has a long history and has undergone a transformation to become an international pioneer of the new right.
September 25, 2025
OMV in Espionage Scandal: CEO Alfred Stern Reassures, Adnoc Relationship to Remain Uncompromised
A suspected espionage case at Austria's largest energy company, OMV, has caused a stir in recent days. While the authorities are investigating a long-standing employee suspected of having supplied sensitive data to the Russian secret service, OMV CEO Alfred Stern is trying to smooth the waters. Stern emphasizes that the incident will not strain the long-standing partnership with major shareholder Adnoc from Abu Dhabi.
September 22, 2025
Change in Leadership at DSN: Omar Haijawi-Pirchner Steps Down Early
The Directorate for State Protection and Intelligence (DSN), Austria's leading constitutional protection authority, is facing a significant change in leadership. As the DSN announced in a press release, Director Omar Haijawi-Pirchner will step down from his position at the end of 2025 at his own request. The decision comes eleven months before the end of his term of office and is justified on “personal grounds.”
September 21, 2025
Low-Cost Airlines Retreat from Vienna: Are Higher Prices and Location Disadvantages Looming?
Vienna International Airport is facing challenges as low-cost airlines Wizz Air and Ryanair are drastically reducing their presence. Wizz Air is withdrawing all five of its stationed aircraft and abandoning Vienna completely, while Ryanair is relocating three of its jets. Both companies cite excessive costs in Austria as the reason for this move. This development has reignited the debate about Vienna as a tourist and business location.
September 18, 2025
Fugitive Wirecard Manager Marsalek Tracked Down in Moscow
After extensive international research, a consortium of journalists has tracked down fugitive Wirecard manager Jan Marsalek in Moscow. According to reports, the 45-year-old is living under a false identity and working for the Russian secret service, the FSB.
September 17, 2025
Record Claims Amounting to Billions Against Signa Founder René Benko
René Benko, founder of the insolvent Signa Group, is also facing unprecedented claims in his personal bankruptcy.
September 17, 2025
Bajaj-Teaser Causes a Stir: Will KTM's Future be Manufactured in India?
The relaunch of the long-established motorcycle manufacturer KTM after overcoming insolvency is being overshadowed by new uncertainties. Statements made by Rajiv Bajaj, CEO of Indian major shareholder Bajaj Auto, have sparked a heated debate about the future of the production site in Mattighofen.
September 3, 2025
European Forum Alpbach 2025 Breaks records and Looks to the Future of Europe
This year's European Forum Alpbach (EFA) ended with a new record number of participants. Under the motto “Recharge Europe,” around 4,700 participants from 127 countries gathered to discuss the renewal of Europe and find solutions to the most pressing challenges of our time. The event also marked the 80th anniversary of the forum, which has established itself as one of the leading conferences on the future of Europe.
September 1, 2025
WIFO Chief Calls for Tougher Stance in Tariff Dispute with the U.S.
In the ongoing tariff dispute between the European Union and the United States of America, Gabriel Felbermayr, Director of the Austrian Institute of Economic Research (WIFO), advocates a reorientation of the European negotiating strategy.
August 28, 2025
Lufthansa Centralizes Power: AUA Loses Authority, But Expects Positive Effects
The Lufthansa Group, which also includes Austrian Airlines (AUA), is planning a far-reaching restructuring of the group that will concentrate more power at its Frankfurt headquarters. Following the plan, the subsidiaries, including Swiss and Brussels Airlines, will relinquish responsibilities starting at the beginning of next year.
August 25, 2025
Danger in the Digital Space: DSN Warns Against the Use of AI by Extremists
The use of artificial intelligence (AI) by extremist groups poses a growing threat to internal security. The Austrian Directorate for State Security and Intelligence (DSN) has issued a warning regarding this development. Modern AI systems could be used specifically to radicalize individuals with personalized propaganda.
August 19, 2025 · Updated: August 25, 2025; 11:06
Broad Criticism, Including from Austria, of New Tariffs Deal Between the U.S. and the EU
The trade deal between the United States and the European Union, which was announced by both sides with pride, may have averted a looming escalation in the trade dispute. Still, it has been widely criticized in political and economic circles. While EU Commission President Ursula von der Leyen and Trade Commissioner Maros Sefkovic defended the agreement as a “breakthrough” and “the best possible outcome,” numerous member states and business representatives, including many voices from Austria, see and feel significant disadvantages for the EU and are calling for renegotiation.
August 20, 2025 · Updated: August 21, 2025; 12:46
Signa Insolvency Proceedings Take a New Turn: €191 Million Claim Against Benko
In the insolvency proceedings involving former Signa founder René Benko, a new development is once again causing a stir. A company from Abu Dhabi has filed claims against Benko in the amount of €191 million at the Innsbruck Regional Court.
August 13, 2025
Economic Recovery According to WIFO Still a Long Way Off in Austria
While the economy in the eurozone has largely stabilized, Austria remains in a phase of stagnation, according to the latest economic report from the Austrian Institute of Economic Research (WIFO). Domestic growth is stagnating, the labor market is weakening, and inflation is rising again more sharply. Industry in particular is in a prolonged recession, while only public services are showing momentum.
August 11, 2025
Kaufhaus Tyrol in Innsbruck Sold After Signa Bankruptcy
The sale of the Kaufhaus Tyrol department store in Innsbruck, once a prestigious project of Signa founder René Benko, is now officially complete. As part of the bankruptcy proceedings of Signa Prime Selection AG, the newly founded company KHT AcquiCo SARL has taken over the downtown department store.
August 6, 2025
OPEC Fund Development Forum 2025: Global Partners Seek Ways to Build a Stronger Future
The international development community is gathering in Vienna for the fourth OPEC Fund Development Forum. Under the theme “A Transition that Strengthens Our Tomorrow,” more than 500 high-level representatives, including heads of state, ministers, and heads of international institutions, are coming together in the historic setting of the Hofburg Imperial Palace to discuss pressing global challenges.
July 29, 2025
Former Chancellor Karl Nehammer Becomes Vice-President of the European Investment Bank
Former Austrian Chancellor Karl Nehammer (ÖVP) has been officially appointed as the new Vice-President of the European Investment Bank (EIB). He will take up his post on September 1, 2025, succeeding Swedish Vice-President Thomas Östros. The appointment was made following a decision by the finance ministers of the 27 EU member states, who represent the EIB's shareholders, on the recommendation of Austria.
July 23, 2025
Austria Strengthens Security Partnerships with the United Kingdom and Germany
Austria has deepened its bilateral relations with the United Kingdom and Germany in a series of important security policy consultations. The high-level talks focused on current security policy challenges, strategic interests, and strengthening defense cooperation in a changing global environment.
July 15, 2025
ICMPD Director General Michael Spindelegger: Europe Ten Years After the Refuge Crisis
Ten years after the so-called “refugee crisis” of 2015, Europe is taking stock of its migration policy. While enormous progress has been made in addressing the challenges, experts such as Michael Spindelegger, Director General of the International Centre for Migration Policy Development (ICMPD), warn that the region continues to face growing complexities and political tensions.
July 14, 2025
Human Rights in Austria: NGOs Make 159 Demands on the Government
According to numerous non-governmental organizations (NGOs), the human rights situation in Austria continues to leave much to be desired. In the run-up to the United Nations' Universal Periodic Review (UPR), more than 300 civil society organizations issued a joint statement addressing an impressive 159 demands to the Austrian government.
July 14, 2025
Wirecard Scandal: Liquidator Reveals Billion-Euro Loss
Five years after its collapse, the Wirecard scandal continues to reverberate: Insolvency administrator Dr. Michael Jaffe revealed in the trial against former CEO Markus Braun that an incredible €1.1 billion was “burned” at the payment processor. While Braun claims in court that a shadow network existed, the main suspect, Jan Marsalek, remains at large, presumably in Russia.
July 9, 2025
Austrian Forum for Peace 2025: Peace Work in Times of Crisis, New Approaches, and the Role of Europe
This year's Austrian Forum for Peace 2025, themed “Peace in Crisis,” has come to a successful conclusion at Friedensburg Schlaining. The four-day international conference organized by the Austrian Center for Peace (ACP) brought together over 200 experts, diplomats, scientists, and representatives of international organizations from more than 25 countries to discuss pressing issues of peace work in an increasingly fragmented world.
July 4, 2025
Vienna: Still Among the World's Leading Conference Cities
Vienna consolidates its position as a leading global conference destination: after taking first place in the prestigious ranking of the International Congress and Convention Association (ICCA) in May, the city has now achieved second place worldwide for the third time in a row in the latest congress ranking of the Union of International Associations (UIA) for 2024.
July 4, 2025
Microsoft Strengthens Austria's Digital Future: Billion-Euro Investment in New Cloud Region
Technology giant Microsoft officially opened its new cloud region in Austria in the presence of State Secretary Alexander Pröll. With an investment of one billion euros and three data centers in the Vienna metropolitan area, which will go into operation in August, Microsoft is sending a strong signal for the country's digitalization and economic development.
July 3, 2025
Port of Vienna Enjoys Record Year in 2024: Increased Turnover and High Investments Secure Future
Port of Vienna, a key company within Wien Holding, can look back on an exceptionally successful 2024 financial year this summer. Despite a challenging economic environment, the trimodal logistics center significantly increased its revenue and achieved a record operating result. At the same time, extensive investments were made in infrastructure, digitalization, and sustainability to further consolidate its position as one of Europe's most important hinterland hubs.
July 3, 2025
Ban Ki-moon Praises Vienna and Reaffirms its Leading Role in Multilateralism
During a visit to Vienna, former United Nations Secretary-General and Co-Chair of the Ban Ki-moon Centre for Global Citizens (BKMC), Ban Ki-moon, praised Austria and the city of Vienna for their leading role in the field of multilateralism. At a time of increasing geopolitical tensions, he emphasized the crucial importance of international cooperation.
July 3, 2025
Iran Suspends Cooperation with IAEA: Escalation in Nuclear Dispute after Israel War
Iran has officially suspended cooperation with the International Atomic Energy Agency (IAEA). President Massoud Peseshkian enacted a law to that effect, which the Iranian parliament had already passed in June. This decision exacerbates the already tense nuclear dispute and follows a 12-day war between Israel and Iran, which ended with a ceasefire.
July 2, 2025
UNOOSA and Exolaunch Enable Satellite Launches for Bolivia, Guatemala, Jordan, and Nepal
In a move to promote equal access to space, the United Nations Office for Outer Space Affairs (UNOOSA) and Exolaunch GmbH have announced that institutions from Bolivia, Guatemala, Jordan, and Nepal have been selected to launch their CubeSats.
July 1, 2025
Vienna No Longer the Most Livable City in the World: Copenhagen Takes Top Spot
After three years, Vienna has lost its top position in the Economist Intelligence Unit (EIU) Global Liveability Index 2025 to Copenhagen. The Austrian capital now shares second place with Zurich. The main reason for Vienna's decline is a loss of points in the area of stability, influenced by foiled terrorist attacks.
July 1, 2025
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