Vienna International Community - Top Executives - Latest Headlines

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

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

Russia and Ukraine Accuse Each Other of Sabotage at Zaporizhzhya Nuclear Power Plant

Kyiv and Moscow have voiced accusations against each other regarding possible acts of sabotage at the Russian-occupied Zaporizhzhya nuclear power plant. The Kremlin described the situation as tense, while Ukraine again accused Russia of planting explosive devices at the nuclear plant. The International Atomic Energy Agency also continues to express concern.

July 5, 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

OMV Gives Final Investment Decision for Gas Project in Romania

OMV announced the final investment decision by OMV Petrom, the largest integrated energy company in Southeast Europe, for the Neptune Deep natural gas production development project.

June 22, 2023

Mansion in Austrian Kitzbühel Bought by Sanctioned Russian Oligarch

Russian oligarch and confidant of President Vladimir Putin, Arkady Rotenberg, is said to have financed a house in Kitzbühel, where Putin's daughter is also said to have spent time, according to media reports.

June 21, 2023

Research Presentation: Western Balkans 20 Years after the EU Summit in Thessaloniki

On Friday, June 30, 2023, at 09:00, the Bertelsmann Stiftung and the Vienna Institute for International Economic Studies (wiiw), together with prominent politicians from Austria and the Balkans, will present their new study on the EU's geo-economic influence in the Western Balkans. The event will take place in the Reitersaal of the Oesterreichische Kontrollbank in Vienna.

June 15, 2023

Iran's Enriched Uranium Stockpile Soars: IAEA Concerns Grow

A recent confidential report by the International Atomic Energy Agency (IAEA) found that Iran now possesses 23 times as much enriched uranium as agreed in the 2015 international nuclear deal. In his latest report, Director General Rafael Mariano Grossi discusses verification and monitoring in the Islamic Republic of Iran and indirectly confirmed the concerns of the confidential report days earlier.

June 5, 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

Austria Shows Interest in Developing the Railroad Infrastructure to the Slovenian Port of Koper

Despite expansion projects, rail capacity remains limited compared to road. The seaport in Koper, Slovenia, which is important for Austria, is an example of current efforts in rail expansion, but at the same time shows the limits of rail-bound freight transport. With regard to Koper, Austrian experts emphasized the importance of an efficient rail connection for freight traffic.

May 24, 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

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

Vienna Stock Exchange Reports High Profits for Third-Year Running

Vienna's stock exchange, Wiener Börse AG, has announced high profits for the third year in a row, despite the turbulent economic environment of 2022. Vienna's stock exchange plans to continue its focus on consistent market modeling and alignment with international standards and is calling on the government to act to take advantage of the capital market's potential as a powerful lever.

May 10, 2023

Europe Minister Edtstadler Awards Outstanding Projects and Initiatives with the 2023 Europe State Prize

Austrian Europe Minister Karoline Edtsdadler awarded the winners of the 2023 Europe State Prize at the Sofiensäle in Vienna. More than 200 guestes were present at the Europe gala.

May 9, 2023

New Deputy Director at the Austrian Centre for Peace

Eva Huber has recently been appointed as the new deputy director of the Austrian Centre for Peace (ACP), succeeding Lukas Wank, who has left the institute to pursue new endeavors. The appointment of Huber to the ACP is a noteworthy development in the organization's ongoing efforts to promote peace, justice, and human rights worldwide.

May 3, 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

Austrian OMV Declares Exit from Russian Gas as "Extremely Difficult"

The CEO of the Austrian energy group OMV, Alfred Stern, currently sees hardly any possibility to get out of the Russian business with natural gas. He also sees no alternative to fossil fuels in the short term and talked about relations with Asia-Pacific.

March 28, 2023

Austria's Cooperation with EU Drugs Agency Exemplary

The European Monitoring Center for Drugs and Drug Addiction (EMCDDA) is the leading European institution in the field of drugs. EMCDDA Executive Director Alexis Goosdeel is meeting with the Austrian ministries responsible for drug policy issues, in particular with Health Minister Johannes Rauch and Justice Minister Alma Zadić, as part of a three-day working visit to exchange views.

March 20, 2023

New Directors Have Been Elected to the Austrian-Kosovar Friendship Association

The Austrian-Kosovar Friendship association has elected a new board of members. Andreas Minnich, a Member of Parliament, is the new president, among others; EU parliament member Schieder and member of the Austrian Parliament Brandstätter are also members of the Board.

March 19, 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 Executive Board for the Austrian Institute of Technology

The largest research and technology organization in Austria, the Austrian Institute of Technology (AIT), with 1,400 employees, is getting a new three-person management team. Read more about Austria's largest research and technology organization!

March 9, 2023

Edtstadler Wants to Help Implement Project for a Safer Internet with the IGF

Austrian Europe Minister Karoline Edtstadler and State Secretary Florian Tursky Discussed in a panel in Vienna the promotion of the “Global Digital Impact” by the Internet Governance Forum (IGF).

March 7, 2023

Ex-OMV Chief Doubts Policy Statements on Russian Gas Pullout

Russian gas supplies to Austria are currently causing discussions. While the Austrian government wants to do without gas supplies from Russia altogether by 2027, OMV refers to long-term contracts.

March 1, 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

Wien Energie and Wiener Linien Continue Photovoltaic Offensive

Exactly 1,369 photovoltaic modules will make Vienna's public transport even greener with immediate effect, as part of the City of Vienna's plan to drive forward climate-friendly energy policies.

February 19, 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

United States Secretary of Labor Marty Walsh Visits Austria

Marty Walsh, Secretary of the U.S. Department of Labor, visited Austria and learned about best practices in apprenticeship training from several government and industry representatives. This was a further expansion of bilateral relations based on the Memorandum of Understanding signed in April 2022 to strengthen cooperation between the U.S. and Austria in apprenticeship training.

January 25, 2023

Armenian Foreign Minister Visits Vienna Because of Nagorno-Karabakh's Worsening Humanitarian Situation

Armenia's Foreign Minister Ararat Mirzoyan is currently on a working visit to Vienna to participate in the Special Meeting of the OSCE Permanent Council initiated by Armenia, due to the deteriorating humanitarian situation in Nagorno-Karabakh. In addition, Mirzoyan met with Ghada Fathi Waly, the Director-General of the United Nations Office at Vienna and with Austrian Foreign Minister Alexander Schallenberg.

January 17, 2023

Austrian Raiffeisen Bank International Gets Under Pressure Due to Russo-Ukrainian War

Its involvement in Russia keeps Raiffeisen Bank International (RBI) and its managers, led by Johann Strobl, very busy. The subsidiary institution in Moscow is RBI's biggest profit earner and almost the entire RBI board is on the Ukrainians' "awaiting sanctions" list. Whether RBI will stay in Russia and how to proceed is still unclear, as the banking group is in a tricky situation.

January 9, 2023

Ukrainians Want Raiffeisen Bankers Sanctioned

Austria's Raiffeisen Bank International is coming under pressure in Ukraine. RBI CEO Johann Strobl and another manager are on a list drawn up by Ukrainian authorities, according to which sanctions are recommended.

January 8, 2023

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

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

New Online Tool in Austria Should Help You to Save Electricity

A new electricity-saving tool is available online, where it is visible how you can save electricity depending on the time of the day. It shows you when it makes more sense to turn the light on.

December 1, 2022

First Austrian Democracy Congress Organized

Democracy is experiencing a crisis of confidence globally and is under threat, also in Austria the last years showed the breach of trust between people and democracy. The Central European University, SORA and the Wiener Zeitung are jointly organizing the first Austrian Democracy Congress on Thursday, December 1, 2022. Experts from science and practice will discuss how to promote trust and strengthen democracy.

November 27, 2022

European Erasmus Program Promotes Mass Sports in Austria

Grassroots sport will be the sport priority in the EU's Erasmus+ program in 2023 and will be allocated budget funds accordingly. The focus will be on European knowledge transfer to strengthen fairness, values and cohesion in sports.

November 23, 2022

Islamic Religious Community in Austria on Shaping the Coexistence between the State and Religions

With its symposium on the topic "Islam Law 2015 - A Best Practice Model?", the Islamic Religious Community in Austria (IGGÖ) supposedly created a framework for open discussions of different experts on the inadequate combination of two religious societies in a single religious law, on encroachments on the fundamental right to freedom of religion and association and the internal affairs of the IGGÖ as well as on its disadvantageous position compared to other churches and religious societies.

November 22, 2022

Possible Delay at Vienna Airport due to Works Meeting of Security Personnel

The security staff at Vienna Airport has announced a works meeting for Tuesday starting at 9:00 am. The works council and the union are thus emphasizing their demand for higher wages. Walter Burianek, head of the works council, expects a high turnout, and passenger handling is likely to come to a standstill.

November 17, 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

Austrian Government Adopts New Three-Year Program for Development Policy

The new three-year program of the Austrian development policy from 2022 to 2024 was adopted. According to the government, the three-year program aims to open up sustainable life prospects for people in partner countries by creating an environment of social and political stability on the ground and sustainable development in line with the 2030 Agenda.

November 16, 2022

Austrian-Hungarian Cooperation on the EU External Border

AUTCON, the Austrian police contingent in the border region of Hungary with Serbia, supports the Hungarian police with 70 police officers in the fight against cross-border crime. Read more about the Austrian-Hungarian Cooperation on the EU External Border!

November 15, 2022

Vienna Plans to Build its First Geothermal Plant by 2026

A geothermal plant, Vienna's first, is to supply 20,000 households with emission-free district heating. Wien Energie wants to set a milestone toward a climate-neutral city by 2026. An important milestone on the path to a climate-neutral major city is the use of deep geothermal energy. Wien Energie has now presented the concrete plans for this at a press conference with Peter Hanke, City Councillor for Economic Affairs.

November 14, 2022

WWF Austria Demands Climate Conference 2026 in Vienna

The World Climate Conference in Sharm el-Sheikh is being held these weeks. Meanwhile, the environmental protection organization World Wide Fund For Nature is calling on the Austrian federal government to apply for a "Vienna Climate Conference 2026".

November 13, 2022

Austrian Chamber of Commerce Demands Acceleration of Energy Transition with Faster Approval Procedures

The EU Commission's emergency regulation is intended to accelerate the expansion of additional energy capacities, with the draft also to be extended to other areas of energy infrastructure. The head of the Austrian Chamber of Commerce, Karlheinz Kopf, demands acceleration of the Energy Transition with faster approval procedures and eased bureaucracy.

November 10, 2022

Austria's Connection to Pegasus Spyware

Governments of EU member states have used spyware against their citizens for political purposes, according to a draft report by the European Parliament's Committee of Inquiry (PEGA) published today in Brussels. European Union member states are widely using the controversial Pegasus spy software. Corresponding indications exist for Poland, Hungary, Greece, Cyprus and Spain, it said. There are also links to Austria.

November 10, 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