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Read updated news about key executives in Vienna's international community
Telekom Austria Appoints Alejandro Plater as CEO
Telekom Austria announces that its Supervisory Board has allocated the Chief Executive Officer responsibilities to Alejandro Plater (47) as proposed by the two majority shareholders América Móvil and Österreichische Bundes- und Industriebeteiligungen GmbH (ÖBIB). This appointment will be effective as of 1 August 2015.
July 24, 2015
Vienna Airport Supervisory Board Extends Management Contracts Until 2021
Listed Vienna airport operator reappoints Julian Jäger and Günther Ofner to the Management Board of Flughafen Wien AG.
June 23, 2015
Vodafone Germany Hires Ex-Telekom Austria CEO Ametsreiter
Ex-Telekom Austria CEO Hannes Ametsreiter, who terminated his contract 4 days ago, will take up the position of CEO of Vodafone Germany as of October 1, 2015.
June 19, 2015
Telekom Austria CEO Hannes Ametsreiter Resigns per 31 July 2015
Telekom Austria announced that its CEO Hannes Ametsreiter has prematurely terminated his contract. Rumor has it, that majority shareholder America Movil influenced the decision.
June 15, 2015
Bilderberg 2015: Full List of All 133 Participants
The full list of all 133 attendees to the top secret Bilderberg Group conference 2015 has been released (see below). The Austrians participating are René Benko, Oscar Bronner, Heinz Fischer, Alfred Gusenbauer, Erich Hampel, Wolfgang Hesoun, Gerhard Roiss, Rudolf Scholten and Karl Sevelda.
June 12, 2015 · Updated: June 12, 2015; 17:45
The Bilderberg Group - Background and Criticism
The first Bilderberg conference dates back to May 1954, when it was held at the Hotel de Bilderberg in Oosterbeek, Netherlands. Partly because of its working methods to ensure strict privacy, the Bilderberg Group has been criticised for its lack of transparency and accountability.
June 11, 2015
Bilderberg 2015: The "World Government" Meets in Austria
A select group of global elite is gathering today at the Interalpen-Hotel Tyrol in Telfs-Buchen, Austria. The 63rd Bilderberg conference is a super secret annual conference where they can discuss politics, economics and foreign policy freely. A total of around 140 participants from 22 countries have confirmed their attendance at the Bilderberg conference 2015. As ever, a diverse group of political leaders and experts from industry and finance have been invited. This year the list includes nine Austrians. Key talking points on the agenda include the Ukrainian crisis, Greece, Middle East and Terrorism (see detailed list below). Security is tight - participants as well as protesters and journalists will have to deal with the Austrian anti terror squad "Cobra". After 1979 it's the second time that the conference takes place in Austria.
June 11, 2015 · Updated: June 11, 2015; 19:00
Andreas Gschwenter Becomes New COO/CIO of Raiffeisen Bank International
The Supervisory Board of Raiffeisen Bank International decided that Andreas Gschwenter will become Chief Operating Officer (COO) and Chief Information Officer (CIO) of RBI from 1 July 2015. Gschwenter was born in 1969, has a degree in business administration and has been Head of Operations (COO/CIO) in charge of IT, operations and cost management at Raiffeisen Bank Aval in Ukraine since 2010. His appointment is subject to approval by the Austrian Financial Market Authority.
May 20, 2015
Update: OMV Appoints Outsider Rainer Seele as New CEO
The head of German oil and gas producer Wintershall is going to transfer to Austria’s listed oil and gas concern OMV as of 1 July 2015, taking the place of Gerhard Roiss as CEO. The incumbent CEO is going to leave the company on 30 June. Seele’s appointment as new helmsman of the Austrian firm was hailed as a "corner stone for the company”, by supervisory board head Rudolf Kemler during the press conference. Seele has been appointed for three years and his tenure may get extended by another two years. During his time in Wintershall he managed to raise production by over a half to 385,000 boe/d. Seele is a German citizen. He did not want to disclose his plans for OMV.
March 30, 2015
OMV Appoints Outsider Rainer Seele as New CEO
The Supervisory Board of OMV appointed Rainer Seele (54) as the new Chairman of the Executive Board and CEO of OMV. Rainer Seele has accepted the appointment. He will assume the position effective July 1, 2015 for a three-year period, with an extension option for OMV for further two years. The current Chairman of the Executive Board and CEO Gerhard Roiss will resign from his position on June 30, 2015 as previously announced.
March 27, 2015
Stefan Doboczky succeeds Peter Untersperger as CEO of Lenzing AG
The Supervisory Board of Lenzing AG appointed Stefan Doboczky (47) effective June 1st 2015 as the new Chairman of the Management Board (CEO) of Lenzing AG.
March 20, 2015
10 Reasons Why You Should Invest In Vienna
In this post you'll find the top 10 reasons why your company or institution should consider investing in Vienna/Austria. In fact, we'll share the international studies which confirm the numbers and facts including its closest competitors. We look at the quality of living, the smart cities index, the prosperity, international congresses and conventions, the most reputable cities, the innovation cities index, online cities, business friendliness and other factors that influence the decision making.
January 20, 2015
Serbian Foreign Minister Dačić to Visit Vienna
The new OSCE Chairperson-in-Office, Serbian Foreign Minister Dačić will visit Vienna on Thursday. He will outline the Serbian Chairmanship’s priorities to the OSCE Permanent Council*.
January 13, 2015
World Leaders Met in Vienna to Adopt 10 Year Action-Plan for Landlocked Developing Countries
The United Nations General Assembly adopted a 10 year action-plan aimed at accelerating sustainable development in the world’s 32 landlocked developing countries (LLDCs). A Business and Investment Forum was organized as an integral part of the 2nd United Nations Conference on Landlocked Developing Countries with the aim of exchanging views on the challenges and opportunities faced by LLDCs and to discuss possible partnerships and strategies in regards to the role of the private sector in the overall sustainable development of LLDCs. Also, Conchita Wurst performed live at the UN in Vienna for tolerance and mutual respect.
November 7, 2014
OMV's Gerhard Roiss Resigns from his Position as Chairman and CEO
Tonight, the Supervisory Board of OMV AG and Gerhard Roiss have agreed that Mr. Roiss resigns from his position as Chairman of the Executive Board and CEO as of June 30, 2015. The chief executive is to step down two years earlier than expected. Also the energy group’s management team will be overhauled.
October 14, 2014
Dispute at OMV Supervisory Board
Listed oil and gas group OMV and the state holding ÖIAG are involved in a dispute concerning a new executive board member of OMV. A decision is expected during the supervisory board meeting slated for Tuesday.
October 13, 2014
Ederer Elected as Supervisory Board President of ÖBB Austrian Railways
A few days after her resignation from the ÖIAG Supervisory Board the former Siemens manager Brigitte Ederer was elected unanimously to the top of the ÖBB Supervisory Board.
September 11, 2014
Ederer Resigns as Supervisory Board Member of OIAG
Brigitte Ederer resigns as supervisory board member and leaves state holding company OIAG.
September 9, 2014
ÖBB Chairman Pöchhacker is Dead
The longtime chairman of the board of ÖBB and former CEO of the construction company Porr, Horst Pöchhacker, died on Wednesday after a short illness at the age of 75 years.
August 13, 2014
VIG Subsidiary Donau Insurance to Appoint New CEO
Elisabeth Stadler will resign her position as Chairwoman of the Management Board of Ergo Austria and take over the position of CEO of listed insurance group VIG's subsidiary Donau Versicherung AG.
July 24, 2014
FDI in Austria up by EUR 25 Million
In the first half of 2014 the number of international companies setting up business operations in Austria with the assistance of ABA in cooperation with the regional investment promotion agencies climbed from 88 to 114. Total investment volume was up 15.9 % in the first half of 2014 to EUR 179.97 million from EUR 154.33 million in the prior year period.
July 11, 2014
Vienna: ATX Remains one of the Most Undervalued Stock Indices
"We strongly believe in the potential of the ATX. By comparison to Western Europe and the US, stocks on the Austrian market have moderate valuations and this makes them more attractive to investors."
July 2, 2014
Siegfried Wolf New OIAG Supervisory Board Chairman
OIAG's supervisory board has appointed Siegfried Wolf as the new Chairman of the supervisory board.
June 27, 2014
Voestalpine Plans Further Acquisitions
In an interview with the Financial Times, Voestalpine CEO Wolfgang Eder confirms his ambition to grow through acquisitions and to double its revenue by acquiring suitable targets in the special steel division in China and North America.
June 16, 2014
AmCham Austria: Lessing Has Been Elected New President
Mr. Norbert B. Lessing takes over the job of the President of the American Chamber of Commerce in Austria from Mr. Felix Thun-Hohenstein.
June 10, 2014
Yakunin: Broad-Gauge System from Vladivostock to Vienna to Be Established
Vladimir Yakunin, head of the Russian Railways (RZD), wants to stick to his strategic plans and establish an uninterrupted rail link between Vienna and Vladivostock.
May 24, 2014
Sevelda: “Russia Still Crucial Market”
In the light of the close ties with regard to economic and energy relations with Russia Karl Sevelda, CEO of Raiffeisen Bank International (RBI) warns about the tightening of penalties against Russia.
May 23, 2014
Only 3 Austrian Delegates at the St. Petersburg International Economic Forum 2014
Thousands of economic experts, businessmen and policymakers are currently in Russia's northern capital St. Petersburg for the 18th annual investment forum. Less foreigners are attend this year, as CEOs have bowed to political pressure to cancel.
May 23, 2014
Hypo Alpe Adria Appoints New Supervisory Board
At an Extraordinary General Meeting of Hypo Alpe Adria International on Friday, a new Supervisory Board was appointed.
May 23, 2014
Austrian Oberbank Shines in Hungary
Austrian Oberbank bucks the trend of terminating business activity in Hungary. Instead, the financial institute plans on growing in one of the most difficult markets in Europe.
May 22, 2014
Austrian Prinzhorn Holding to Invest Massively in Hungary
Prinzhorn Holding will build its own power plant in Hungary to supply its paper factory in Dunaujvaros.
May 21, 2014
Exporttag: Meet All Austrian Trade Delegates at the Export Day 2014
On June 24, the Export Day (Exporttag) of the Austrian Chamber of Commerce (WKO) will take place in Vienna. Economic delegates from all over the world will be present.
May 20, 2014
voestalpine to Invest Further in China
Listed Austrian steel producer voestalpine opened another business location in China.
May 14, 2014
Bank Austria's Ukrainian Subsidiary Not Yet To Be Sold
Because of the crisis in Ukraine the planned sale of Bank Austria's Ukrainian subsidiary has been halted.
May 13, 2014
Edi Rama: "If Europe Decides Not To Need Muslim Balkan States, Terrible Things Will Happen"
The Albanian Prime Minister Edi Rama visited the Bruno Kreisky Forum in Vienna.
May 13, 2014
Czech Republic: Rosatom to Complete Temelin?
Russian State Atomic Energy Corporation Rosatom presented an offer to complete the units of the Czech nuclear power plant Temelin.
May 12, 2014
Calls for European Energy Union Become Louder
Polish PM Tusk called for a European energy union. His Hungarian counterpart supports the idea.
May 9, 2014
Austria DIY Chain BauMax Avoided Insolvency
Austrian leading DIY chain bauMax announced cost saving programs as part of its restructuring measures in Turkey, Romania, Bulgaria and Croatia. BauMax intends to focus on profitable business locations only.
May 9, 2014
Wesner: “Failing in Business Does Not Mean Personal Failure”
The start-up culture in Austria is clearly different than the one in the US. On the occation of the May Day, experts, including US ambassador to Austria Alexa Wesner, talked about the differences in the start-up scenes.
May 8, 2014
Prime Minister Edi Rama: Albania’s European Renaissance
Edi Rama, Prime Minister of Albania since 2013 is going to address the Bruno Kreisky Forum in Vienna.
May 8, 2014
EU Council Trying to Find a Way Out of Ukraine Crisis
Ahead of the European Council, which is currently taking place in Vienna under the Austrian presidency, Foreign Minister Sebastian Kurz declared not to expect a solution for the conflict in Ukraine.
May 6, 2014
Hypo Group to Shut Down Subsidiaries in Italy
Until the end of this year five subsidiaries in Italy will be closed.
May 6, 2014
Pewag Striving for Larger Market Share in US
The Austrian snow chain manufacturer appreciates the label “Made in USA”.
May 6, 2014
Vranitzky: Joining EU One of the Most Courageous Steps
A symposium showed the EU Accession process of Austria in the early 1990’s in a new light.
May 6, 2014
“US Rolls Out Red Carpet for Austrian Industrial Enterprises”
Potential Austrian investors are attracted with many incentives such as low energy costs, few bureaucratical hurdles and excellent infrastructure.
May 5, 2014 · Updated: May 6, 2014; 13:25
Agenda Austria 2020: Economy = State
The think tank Agenda Austria 2020 is currently tackling the question what the “economy expects from the state”.
May 5, 2014
Federation of Industries: “Industrial Compact“ for European Competitiveness
The Austrian Federation of Industries (IV) considers the EU entry of Austria as the basis of prosperty and economic growth in the past years. However, now reforms are required to catch up to a global level.
May 5, 2014
Austria: Calls for More Competence in Real Estate Management Become Louder
Stock Exchange Guru Alexander Proschofsky and real estate expert Peter Hohlbein are fighting for a seat at Conwert’s administrative board. Proschofsky has been criticizing the strategy of the listed Austrian real estate company.
May 5, 2014
Slovenia: Bratusek Remains PM for Time Being
The date of the early elections in Slovenia will be determined this weekend.
May 3, 2014
Hypo Group: Shady Deals with Balkan Diplomats
The Austrian problem bank Hypo Group has troubles recovering debts.
May 3, 2014
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