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Hungary in Austria | Hungarians in Vienna | Bilateral Relations
Austria and Hungary - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
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Austria: No more Border Controls with Neighbouring Countries except Italy
Restrictions on freedom of travel due to the Corona pandemic will be discontinued. The only country for which restrictions remain in place for the time being is Italy. A further evaluation is planned next week.
June 3, 2020
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Easier Access to Austria for Commuters from Abroad
"Ongoing consultations with Austria's neighbouring countries are making life easier for commuters from abroad", says European Affairs Minister Karoline Edtstadler.
April 14, 2020
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Isolated Austria: 238 Border Closures Approved
Almost complete border closures to almost all neighbours, Germany (58), Italy (47), Switzerland (30), Liechtenstein (11), Slovenia (51) and Hungary (43), with the exception of Slovakia, have been approved by the main committee of the National Council and have already been implemented.
March 21, 2020
COVID-19: Risk Assessment on Travel and Visits to Austria
The coronavirus outbreak has now reached Austria and the disease is spreading further. What is the risk of infection when travelling in and to Austria?
February 28, 2020
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Reception of Austria-Accredited Ambassadors in the Federal Chancellery
The new Austrian Federal Government is in favour of continuing multilateral cooperation, especially in cooperation with the European countries.
January 31, 2020
Traditional New Year Reception for the Diplomatic Corps in Vienna
The Federal President's Reception for the Diplomatic Corps annually gathers all diplomatic representatives in Vienna in the Ceremonial Hall of the Hofburg.
January 17, 2020
Viennese Honour for George Soros the Donor of the Central European University
The investor, philanthropist and sponsor of the CEU Central European University, George Soros, has been awarded the Grand Decoration of Honour in Gold for Services to the Province of Vienna.
November 19, 2019
Overseas Investments: Number of Austrian Subsidiaries Abroad Increased By 2%
The number of foreign subsidiaries of Austrian companies that were part of a domestic group or owned by Austrian shareholders rose by 2.0% to around 6,000 in 2017.
October 14, 2019
Vienna Just an Emergency Solution: What's the Future for the Central European University?
About a year after it was driven out of Hungary by Viktor Orban, the CEU has started its provisional operation in Vienna-Favoriten. Two new Master programmes in Business Administration and International Public Affairs were launched simultaneously. Within 5 to 6 years, the Vienna campus is to move to Baumgartner Höhe. But the CEU will never abandon Budapest as a location.
October 9, 2019
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IAEA: Eleven New Member Countries Elected to Board of Governors
Eleven countries have been newly elected to serve on the 35-member IAEA Board of Governors for the period 2019–2020. The election took place on Thursday 19 September at the plenary session of the IAEA General Conference.
September 20, 2019
Paul Lendvai Celebrating His 90th Birthday
The Austrian journalist, author and presenter Paul Lendvai, who was born in Budapest, turned 90. He is considered a knowledgeable authority on Eastern and Southeastern Europe.
August 29, 2019
RBI: Significant Decline in Profits in the First Half of 2019
Stock Exchange-listed RBI Raiffeisen Bank International recorded a significant 25% decline in profits in the first half of 2019. The consolidated profit generated was only €571 million, compared to €756 million in the first half of 2018.
August 8, 2019
BMW to Invest 28 Million Euros in Salzburg Location
Within the framework of a festive event under the theme "Good for Salzburg. Good for Austria." the BMW Group recently laid the foundation stone for its new BMW Group Campus Salzburg for Central and Southeastern Europe. BMW is investing 28 million euros in the expansion of 400 employees. The inauguration of the new campus is planned for autumn 2020.
August 5, 2019
Updated Directory of Foreign Ambassadors in Austria 2019
Below you will find the updated Vindobona.org list of foreign ambassadors and representatives of the bilateral and multilateral missions and representations in Vienna, Austria (including description of persons, pictures, CVs, etc.).
November 19, 2018 · Updated: July 19, 2019; 11:50
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Central European University Accredited as Private University in Vienna
The Austrian accreditation procedure for the CEU Central European University was successfully completed, so that the university can now start its operations in Vienna. Until now, the university was accredited in the USA and Hungary, the teaching took place exclusively in Hungary.
July 12, 2019
40 Years of the UN in Vienna - The Tireless Commitment of António Guterres
UN Secretary General António Guterres completed a busy programme when he came to Vienna for the 40th anniversary celebrations and the R20 Austria World Summit. The VIC Vienna International Centre is the place where, with the help of the Sustainable Development Goals (SDG), the 193 member states, 15 Vienna-based UN organisations and more than 5000 people from 125 countries from around the world are bound together.
May 31, 2019
1989-2019: Europe Exhibition Opened at Vienna`s Heldenplatz
The new exhibition "Moving Moments - The End of the Division of Europe" (Bewegende Momente - Das Ende der Teilung Europas) looks back on the fall of the Iron Curtain and pays tribute to the achievements of the people in these mostly peaceful revolutions. It also shows how the European Union is seen today by young people from these countries.
May 10, 2019
The Lipizzaners - What Links Austria and Slovenia Together
The Lipizzan horses are to become cultural heritage. After decades of dispute, Slovenia and Austria submit the Lipizzaner breed to UNESCO as an intangible cultural heritage. This was declared by Austrian Foreign Minister Karin Kneissl and her Slovenian colleague Miro Cerar after signing a joint declaration in Going in Tyrol. The application should be submitted by March 2020 with the aim of enrolment by 2021.
May 7, 2019
Sberbank Europe Generates Net Profit of EUR 34 Million
Vienna based Sberbank Europe looks back at its best annual result since the acquisition of Austrian Volksbank International in 2012.
April 11, 2019
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Austria's Most Important Trading Partners - Ranking of the Top-20
Although the United States is only the second largest Austrian export partner after Germany, in 2018 exports exceeded the ten billion euro mark for the first time, growing by +9.7%. Imports, on the other hand, were only about half as high. Of the top 20 import partners, all, with the exception of Switzerland, showed a positive development. Imports from Russia, the UK, Slovakia, Poland and Slovenia recorded double-digit growth.
March 29, 2019
Vienna-Campus of Central European University to be Temporarily Set Up in Southern Vienna
The CEU Central European University of George Soros announces that it has opted for an interim location in Vienna's Favoriten, the "heart of the multicultural 10th district". This campus is scheduled to start operations in autumn 2019. By 2023, the university will be moved as planned to the premises of the Otto Wagner Hospital on Baumgartner Höhe in Vienna's 14th municipal district.
March 22, 2019
EU Citizens in Austria - Vote for Your Austrian MEP at the European Elections 2019
EU citizens who have their main residence in Austria can vote for Austrian members of the European Parliament. Here we show you how this works and who you can choose.
February 25, 2019
Official Visit of President of Hungary - Criticism of Expansion of Paks Nuclear Power Plant
President János Áder of Hungary paid an official visit to Austria. The main topic of discussion between Áder and Austrian Federal President Alexander Van der Bellen was climate protection.
February 25, 2019
Austrian Tourism: 45 Mio. Arrivals and 150 Mio. Overnight Stays in 2018 - Germans Return
With 149.75 million overnight stays in Austrian accommodation establishments, a new record was reached in 2018. Compared to the previous year, overnight stays increased by 5.25 million (+3.6%). At +5.0% (56.26 million), the number of overnight stays by Germans rose disproportionately strongly.
January 24, 2019
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New Austrian Foreign Trade Strategy: Growth, Jobs, Prosperity
In a joint event in the Aula of Sciences, the Federal Government's new foreign trade strategy was presented by Economics Minister Margarete Schramböck, Foreign Minister Karin Kneissl and President of the Chamber of Commerce Harald Mahrer. The key points of the strategy are the following: Perspective, value orientation, location effect, focal points, future orientation, communication, efficient coordination.
December 20, 2018
Soros University Leaves Budapest in Favor of Vienna
In Hungary, the Central European University (CEU) has faced massive hostility. As a consequence, the location will be relocated to Vienna. Michael Ignatieff, the rector of CEU, announced this week in Budapest that the university is finally moving: "This is a dark day for freedom in Hungary, and it's a dark day for academic freedom." In Vienna, negotiations are still underway on a suitable building for interim use from 2019. By 2023, the university is to move permanently to the grounds of the Otto Wagner Hospital.
December 6, 2018
Meet the Ambassador of Australia to Austria: H.E. Mr. Brendon Hammer
Dr. Brendon Hammer is the Australian Ambassador to Austria, Bosnia-Herzegovina, Hungary, Kosovo, the Slovak Republic, and Slovenia.
November 5, 2018
Setback for the UN - Austria Won't Sign Global Migration Pact
Austria will follow the US and Hungary in backing out of a United Nations pact on migration (Global Compact for Safe, Orderly and Regular Migration) over concerns that it will blur the line between illegal and legal migration.
October 31, 2018
Danube Region Business Forum - Infrastructure and Its Implications on Business in CEE and SEE
The Danube Region is one of the traditionally important markets for Central European regions and companies. However, the infrastructure of this region does not yet meet the requirements of the economy. The 8th Danube Region Business Forum will take place on 9 October 2018 at the Austrian Federal Economic Chamber in Vienna. The aim of the forum is to ensure that the infrastructural quality and cooperations in the region meet the requirements of the economy.
October 3, 2018
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Key Border Control Strategies Identified at UNODC's Annual Law Enforcement Experts Meeting
A working document on informal standards for border management and control was drafted and shared with participants at UNODC's annual Law Enforcement Advisors Meeting (LEA), held recently in Vienna. The annual meeting allowed for the exchange of best practices within UNODC and with partners.
October 2, 2018
Meet the New Ambassador of Hungary to Austria: H.E. Mr. Andor Nagy
The new Ambassador of Hungary to Austria, H.E. Mr. Andor Nagy presented Austrian Federal President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.
September 20, 2018
Austria Prepares for the Presidency of the Council of the European Union: ‘A Europe that protects’
On 1 July 2018 Austria takes over the EU Presidency for six months. The Austrian Presidency of the Council of the European Union will focus on three topics: the fight against illegal migration, digitalisation and stability in the neighbourhood.
June 5, 2018
Soros Foundations Relocate from Budapest to Berlin
The first Open Society Foundations, founded in Hungary in 1984 by George Soros, also of Hungarian origin, with a founding budget of US$3 million, is now actually withdrawing to Berlin.
May 15, 2018
The Hungarian Foreign Minister's Alleged Evidence of the Existence of the Soros Plan
The ridiculous discussion about the wave of European immigration allegedly steered by the Soros plan is widening as a result of a letter of evidence from the Hungarian Foreign Minister.
May 11, 2018
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Vienna's Attractiveness as a Location for Business Continues to Grow
For the sixth year in a row, Vienna recorded the highest number of companies settling in the city. After Vienna had already achieved a record figure in the previous year with 178 international new additions, this was again exceeded last year with 191 new companies, which is an increase of 13%. These business establishments together are responsible for investments totalling €537 million and 1,087 new jobs. There are 344 new foreign invested businesses throughout Austria. German companies remain the number one investors in Austria.
April 30, 2018
What does the Vienna-based ICMPD and its Director General Michael Spindelegger do?
The International Centre for Migration Policy Development (ICMPD) was founded in 1993 in Vienna on the initiative of Austria and Switzerland with the aim of making migration and mobility of people orderly, safe and regular, including through the implementation of planned and well managed migration policies. The aim is to counteract the often short-term thinking of governments so that sustainable solutions can be found and implemented in the medium and long term to combat and overcome the migration crisis. From this point of view, the tasks of the ICMPD have become extremely topical and important due to the refugee crisis.
April 26, 2018
Soros's Central European University is to Remain in Budapest
The Central European University (CEU) donated by US billionaire George Soros does not plan to move to Berlin or Vienna, but expects the Hungarian government to sign the agreement with the State of New York as soon as possible so that the CEU can remain in Budapest.
April 20, 2018 · Updated: April 20, 2018; 19:10
VIC Strengthens Presence in Hungary and Slovakia
Hungary’s central bank approved the merger of the three VIG Group companies. As a result VIG will be represented in Hungary solely by the insurance company Union Biztosító. In Slovakia, bancassurer Poisťovňa Slovenskej sporiteľne (PSLSP) will merge with Kooperativa poisťovňa.
April 3, 2018
Vienna - Moscow: Maintaining All Communication Channels Is Crucial
All the evidence suggests that Russia is to blame for the poison attack on former double agent Sergei Skripal in Salisbury. To date, 19 EU countries and 7 non-EU countries have expelled more than 150 diplomats. By deciding not to expel Russian diplomats, Austria is opposing most of its partner countries.
March 27, 2018
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Hungary Forces Central European University of US Billionaire Soros to Move to Vienna
In view of the political pressure exerted by the Hungarian government under the proposed amendments to Act CCIV of 2011 on Hungarian National Higher Education, the Central European University (CEU) of US billionaire George Soros feels compelled to look for alternatives. The city of Vienna naturally offers itself as an excellent alternative or supplement. The CEU and the City of Vienna are already in negotiations about a memorandum of understanding (MoU) that would enable CEU to open a satellite campus site in Vienna. The Otto Wagner area at Baumgartner Höhe is being examined as a possible location.
March 16, 2018
Strabag building musical road in Hungary
The European-based construction group STRABAG has been awarded the contract to build and widen the R 67 expressway in Hungary. The EUR 212 million project is being carried out by a consortium in which STRABAG holds 53.2 %. Of the 33 km of expressway between Kaposfüred and Látrány in southwestern Hungary, STRABAG is in charge of the new construction of a 10.3 km section as well as the renovation and widening of a further 10.1 km.
June 26, 2017
CESEE Outlook: Modest Recovery - EU is Obstacle to Growth – BREXIT Poses Uncertainties
According to the latest prognosis of the Vienna Institute for International Economic Studies, the countries of Central, East and Southeast Europe (CESEE) will have a trend growth rate of up to 3% in the period of 2016-2018. This is 1-1½ percentage points higher than average growth in the eurozone. Consumption will be the main growth driver. The Austrian economy is still benefiting from its economic ties with the region. Direct effects of BREXIT on the region will be limited – indirect effects for the European economy as a whole may be considerable.
June 29, 2016
Closing of Visa Takeover Brings EUR 97 Million Pre-Tax Profit to RBI
The expected pretax profit from the cash payment of the transaction will be EUR 97 million. It should be booked under net income from financial investments in the second quarter of 2016. Visa Inc. had announced the takeover of Visa Europe Ltd. in November of 2015. The cash payment of this one-off effect will be split between Slovakia, Romania, Czech Republic, Poland, the RBI head office, Croatia, Bulgaria, Hungary and Zuno.
June 21, 2016
20 Years Comprehensive Nuclear-Test-Ban Treaty (CTBT): Ministerial Meeting at VIC
Marking the 20th anniversary of the signing of the Comprehensive Nuclear-Test-Ban Treaty (CTBT), a Ministerial Meeting was held at Vienna International Center. Hosting some 40 international organizations, Austria is a hub for the promotion of peace, safety and security, sustainable development and the fight against crime, drug abuse and terrorism.
June 20, 2016
Long-Distance Coach Operator Flixbus to Compete with ÖBB Austrian Railways
Austrian state-run rail company ÖBB Austrian Railways is facing increasing competition of German mobility provider Flixbus which has just launched its third connection for Austria's regional capital cities, between Graz and Salzburg. In January 2016 FlixBus announced its entry to the markets of Central and Eastern Europe with the new branch FlixBus CEE. This includes six countries (Czech Republic, Slovakia, Hungary, Poland, Slovenia and Croatia) with new lines in the making. () am
April 27, 2016
The Western Balkans Conference Which Led to Row Over Worsening Refugee Crisis
Convened on the initiative of Austrian Foreign Minister Sebastian Kurz and Austrian Minister of the Interior Johanna Mikl-Leitner, the Western Balkans conference “Managing Migration Together” was held at the Federal Ministry of the Interior in Vienna. 18 foreign and interior ministers from the Western Balkans attended the conference. The participants included the foreign and interior ministers of Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, Macedonia, Montenegro, Serbia and Slovenia.
February 26, 2016
Erste Group Provides Blackstone with a 5-Year EUR 91 Million Facility
Erste Group provides Blackstone with a 5-year EUR 91 million facility to acquire 12 logistics assets. The 265000 sqm portfolio covers 12 standing logistics investments located in Hungary (5), Romania (4), Poland (2) and Slovakia (1), as well as land reserves.
February 22, 2016
Central and Eastern Europe's Financial Elite Gathered at the CEE Forum in Vienna
The 21st Euromoney Central and Eastern European Forum ended in Vienna today, where 1000 delegates from the region joined local and international investors to help plan, debate and analyze the economic agenda for the region for the year ahead. The vast majority of the delegates have a negative outlook for the year 2016. Only one of the participants expects that this year CEE will grow more than 3.5%.
January 20, 2016
Central and Eastern European Forum in Vienna next Week
The Central and Eastern European Forum - organized by Euromoney - is taking place in Vienna next week. 1,000 top level policymakers, issuers, and commentators from the region will join local and international investors to help plan, debate and analyze the economic agenda for the region for the year ahead.
January 13, 2016
Austrian Ministry of Foreign Affairs: Council of Ministers Places 27 New Diplomats at Head of Embassies
The Council of Ministers of the Austrian Ministry of Foreign Affairs has decided to place 27 new Austrian diplomats at head of Austrian Embassies worldwide.
December 10, 2015
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