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Vienna International Guide - Austrian Lifestyle, Travel, Arts, Culture

Vienna Has Highest Life Quality

According to a study of the advisory group Mercer, the Austrian capital is the city with the highest life quality worldwide.

December 4, 2012

"There is no alternative to intercultural and interreligious dialogue"

UN Secretary General and high-ranking political representatives and religious leaders attend the opening of the new Dialogue Centre in Vienna.

November 27, 2012

Vienna´s Debt Level Grows Considerably

In 2013, the public debt level of Austria´s capital will increase to € 4.34bn.

November 19, 2012

Vienna: Property Market Still Booming

On average, prices for new apartments rose by 9.7% from October 2011 to October 2012.

November 19, 2012

Vienna: General Attractiveness Decreases

The quality of the Viennese business location deteriorates. The high degree of bureaucracy and the high non-wage labor costs are the most problematic issues.

November 16, 2012

CA Immo: New Major Tenant in Vienna

The Austrian real estate supplier lets 21,500 sqm of Viennese office building to Bosch

November 16, 2012

Austria: Income Taxes on the Rise

Total wage tax revenue for 2011 rose by 6.0%, gross earnings by 3.6%. About 72% of the income taxes were paid by male workers.

November 8, 2012

Vienna: The World's Most Prosperous City

Top place for Austria's capital in the latest UN report - followed by New York, Toronto and London.

November 6, 2012

UN: Vienna Is Most Prosperous City of the World

Regarding the combination of productivity, life quality, infrastructure and the distribution equality, the Austrian capital is the world´s richest city.

October 29, 2012

Austria´s Population to Grow Substantially

Austrian population will increase to 9 million inhabitants during the next 20 years.

October 9, 2012

Boom in Viennese Real Estate Market Persists

According to the real estate service supplier findmyhome.at, the price increase in the residential housing segment and the rental market goes on.

October 8, 2012

Congresses: Vienna Leads the Ranking

Regarding the number of congresses, Vienna still ranks first as event location. The outlook is promising.

September 24, 2012

Austrian Property Prices on the Rise

Since 2009, the average increase in property prices in Austria came at 18.5%. Above all, the demand in land is growing substantially.

September 14, 2012

City of Vienna Appeals against Third Landing Strip

Vienna Airport: The core shareholder appeals against the result of the positive environmental impact assessment. According to the City of Vienna, this is only due to formal reasons.

September 10, 2012

Pioneers Festival 2012: Vienna is Hotspot for Innovative Companies

The place for more than 2,500 pioneers from all over the world as well as web, technology and mobile start-ups to network, present their innovations and exchange experiences.

August 29, 2012

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