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Vienna International Guide - Austrian Lifestyle, Travel, Arts, Culture
Get updated news about developments in Vienna's inter-cultural environment: lifestyle, travel destinations, art exhibitions, restaurant- & event-suggestions
Real Estate Bubble in Austria?
The real estate prices are still increasing. Above all, in the urban regions of Austria the prices continue to rise.
August 29, 2012
First Discussion about Headquarters in Vienna
On October 4th and 5th 2012, the 1st European Headquarters Congress will take place in Vienna.
August 21, 2012
Nokia Moves from Vienna to Budapest
The Finnish cell-phone company regroups and shifts its sub-headquarters for the CEE region from Austria to Hungary.
August 20, 2012
Austrian Property Market Runs out of Steam
In Austria, the property market shows first tendencies of consolidation. The number of acquisitions was down in the first six months.
August 4, 2012
Decrease in Building Saving May Increase Rents
In Austria, the popularity of building saving declined in the first half year of 2012. In a few years, funds for the residential building market may be insufficient.
July 27, 2012
„Competitors are Still Far Away“
Vienna is under pressure. The Austrian capital has to compete with Warsaw, Budapest and Prague as headquarters location for the CESEE region.
July 23, 2012
Growing Pressure on Viennese Location for Headquarters
The Viennese Chamber of Commerce intensifies the dialogue with international headquarters. In autumn, the first headquarter congress will take place in Vienna.
July 21, 2012
Vienna Airport to Build Third Landing Strip
Vienna International Airport is now entitled to start the construction works oft he third landing strip. The construction works will take two years.
July 11, 2012
Austrian Urbanization Goes On
Austria's towns in figures 2011: education and social welfare, a challenge for growing agglomeration areas; services and administration, the largest budget items.
June 19, 2012
Persistent Boom in Austrian Real Estate Prices
On average, property and apartment prices were up by 6% last year. This is substantially above the inflation rate.
May 30, 2012
Vienna hosts the 19th World Congress on Intelligent Transport Systems
The 19th ITS World Congress will be held from 22 to 26 October 2012 in Vienna, under the header ITS Vienna 2012 – Smarter on the way.
May 29, 2012
Vienna Tops Worldwide Ranking of "Smart Cities"
The online magazine "Co.Exist" put's Austria's capital at the top of a list of "smart cities" ahead of Toronto, New York and Berlin.
May 29, 2012
Spindelegger: „The Reform Process has Become Unstoppable“
42nd Viennese seminar of the International Peace Institute on the Arab Spring: Austria´s Foreign Minister is optimistic for the Arab community.
May 29, 2012
Vienna´s Indebtedness Grows
Austria´s capital ignored the warnings of the Audit court and lets the debt burden grow further.
May 26, 2012
Baxter Enlarges Viennese Site
The U.S. pharmaceutical group makes investments of € 30m in Vienna. The start of operation of a new production facility is planned in 2014.
May 18, 2012
Congresses: Vienna Ranks First
Vienna is still number one worldwide in cities hosting international congresses. The U.S. takes first in the country category.
May 18, 2012
U.S. Delegation Impressed by Austrian Urban Technologies
“Austria is probably 10 years ahead of the U.S. in regard to urban planning and implemented technologies,” was the credo heard from visiting U.S. experts on urban planning when visiting Austria in April 2012.
May 2, 2012
Gorenje Not to Move to Vienna
The Slovenian producer of household appliances was said to move to Vienna. CEO Franjo Bobinac declines the rumors.
April 20, 2012
Gorenje Considers Setting Up Headquarters in Vienna
The Slovenian producer of household appliances is said to move to Vienna. The company does not comment this information.
April 19, 2012
Oberbank Aims For „Organic Growth“
The Upper-Austrian regional bank continues its growth course and underlines its financial stability and independence.
April 6, 2012
Most Important Cities: Vienna Catches Up
In the ranking of the most important global cities, the Austrian capital could improve substantially. The most severe weakness is the economic activity.
April 3, 2012
s Immo Welcomes City of Vienna as New Tenant
Arkade Meidling looks back at a successful 2011, in which both sales and frequency were increased. Now, the Austrian real estate company won the City of Vienna as new tenant.
April 3, 2012
Austria Must Underline its Headquarter Function
Austria as hub for CEE markets is still popular. Nevertheless, there is a lack in a sustainable and flexible strategy. The geographical proximity to CEE countries is insufficient.
April 2, 2012
Moderate Increase in Vienna-held Congresses
3,151 congresses were held in Vienna in 2011. This is an increase by 7.0%.
March 27, 2012
Strabag Extends Viennese Underground
Extension of underground line U1 in Vienna: The Austrian construction group receives contract for two construction lots. The order value reaches about € 90m.
March 21, 2012
GDP per Capita: Vienna Ranks 11th
In 2009, Austrian regions remained above average in terms of regional GDP per capita in the EU.
March 13, 2012
CSC Establishes its CEE Headquarters in Vienna
The U.S. IT service supplier CSC upgrades the Viennese subsidiary as regional headquarters for ten countries.
February 22, 2012
Major Sale at Immofinanz
The Austria real estate group sells an inner city palace in Vienna. The sale price reaches € 22m.
February 13, 2012
Central-Upper Austria Overtakes Vienna in GDP per Capita
The urban Upper Austrian region Linz-Wels has the highest GDP per capita in Austria. Vienna ranks second.
January 31, 2012
After Downgrade of Vienna: No Consequences Expected
The Viennese financial senator Renate Brauner does not fear negative impacts on Vienna´s finance. This week, the city was downgraded by S&P.
January 27, 2012
S&P Downgrades Austrian Provinces
The U.S. rating agencies lowers ratings for Upper Austria, Vienna and Tyrol from “AAA” to “AA+”.
January 26, 2012
Austrian Wage Tax Intake Grows
The Austrian wage tax volume totaled 21.6bn in 2010. Gross wages were up by 2.5%.
January 11, 2012
Real Estate Prices Still on the Rise
Rents were up by 2.7% in Vienna. Property prices rose by 2.2%. A further increase is expected.
January 2, 2012
Real Estate Boom in Austria
Property prices rose by 5.0% over the last two years. An end of the boom is currently “not in sight”, says the real estate industry.
December 14, 2011
Vienna Has the Best Living Standard
The Austrian capital defended its position as the city with the highest standard of living. It is followed by Zurich and Auckland.
November 29, 2011
New September Record for Tourism in Vienna
The Austrian capital registered a plus in overnights of 5.0% in September 2011. Hotel revenue grew by 7.7% in the first nine months of the year.
October 20, 2011
Vienna Again Among Top 5 in Innovation Cities Global Ranking
Boston came first again in a field of 331 cities in the Innovation Cities Global Index. This year’s among top five cities apart from Boston were San Francisco, Paris, New York and Vienna. Prague was 43th, Budapest 47th.
October 19, 2011
Warsaw Ahead of Vienna and Prague in the Ranking of the Most Attractive European Business Cities
Warsaw moved up three places in the ranking of the most attractive European cities to locate a business, prepared by Cushman & Wakefield.
October 13, 2011
Trainees in Vienna „Not Satisfied“
A study of the Viennese chamber of labor published, that a large number of trainees is not satisfied with their apprenticeships.
October 8, 2011
Vienna Hosts the World´s Largest Transport Event in 2012
ITS EUROPE is organising, in close cooperation with its counterpart regional organisations and the Host organisation, the 19th World Congress on Intelligent Transport Systems and Services (ITS) in Vienna, Austria.
September 7, 2011
Manner: Results Burdened by High Commodity Prices
The Austrian candy manufacturer posted a loss of € 2m in the first six months of the year. Revenue increased by almost 11%.
August 31, 2011
New Record for Tourism in Vienna
The Austrian capital registered a plus in overnights of 1.8% in July 2011. Hotel revenue grew by 13.7% in the first half of the year.
August 19, 2011
Bank Austria Finances Portfolio of Apartment Houses in Vienna
The Austrian bank generates a stimulus for Vienna’s real estate market and finances 53 apartment houses with € 110m.
August 2, 2011
Immofinanz Completed Sale of Office Campus Gasometer
The Austrian real estate company and its partner sold an office property in Vienna for € 75m to Bank Austria Real Invest.
August 1, 2011
Immofinanz Sells Office and Retail Property in Vienna
The Austrian real estate group sold a property located at Simmeringer Hauptstraße in Vienna to HIH Global Invest GmbH for € 29.2m.
May 30, 2011
Austria's Importance as a Location for Conventions increases
Events, conferences and trade shows are developing as an important part of Austria’s tourism industry. By international comparison, Austria is already ranks in eighth place.
May 5, 2011
Declining Profits for Manner
The Austrian candy manufacturer experienced a steep rise in expenditures for commodities. EBIT declined from € 7.0m to € 4.2m.
April 30, 2011
Vienna’s Real Estate Market is Booming
With the third quarter of 2010, the trend started to reverse for the Viennese real estate market. Property is booming again, rental real estate loses demand.
April 28, 2011
Vienna International Airport: Kirschner is the New Chairman of the Supervisory Board
Ewald Kirschner will temporarily lead the Supervisory Board until CEO Christoph Herbst takes over the chair again. Opinions are divided concerning the privatization of the company.
April 27, 2011
Christof Holding AG Takes over BEA Electrics from bluO
With the acquisition of 100 % of Vienna-based BEA Electrics, the Styrian Christof Holding AG, which is wholly owned by the Christof family, continues its expansion.
April 27, 2011
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