Latest Headlines about other Organizations in Vienna

Read the latest headlines about developments at other organizations participating in the business, diplomatic and cultural environment of Vienna, Austria

Austria's External Trade Deficit 2023 has Fallen Sharply

Austria recorded a remarkable reduction in its foreign trade deficit in 2023. As the latest figures from Statistics Austria show, the deficit fell by around 90 percent from 20.59 billion euros in 2022 to just 2.02 billion euros. This decrease is mainly due to cheaper energy imports, especially gas.

3 hours ago

Schwarzenegger's Climate Conference in Vienna: "Austrian World Summit" Calls for Concrete Measures

The "Austrian World Summit" (AWS) took place in Vienna for the eighth time. Host Arnold Schwarzenegger and several prominent guests emphasized the urgency of concrete climate protection measures. Around 700 international visitors, including high-ranking politicians and experts, gathered in the Vienna Hofburg to discuss the future of a clean energy supply and the fight against climate change.

June 20, 2024

Signa Group Stabilizes After Insolvency: Former CFO Retires

Following the collapse of the real estate group Signa, the former CFO Manuel Pirolt sees the company stabilized and announces his resignation.

June 20, 2024

25 Years "Partnership for Peace Consortium": Anniversary Celebration and Signing of a Memorandum of Understanding

NATO Headquarters in Brussels hosted an important celebration on Friday to mark the 25th anniversary of the Partnership for Peace Consortium of Defense Academies and Security Studies Institutes (PfPC). At the invitation of the German Minister of Defense, high-ranking representatives of the "Stakeholder Nations" came together to pay tribute to the successes and future goals of the consortium.

June 20, 2024

Moscow Announces Enhanced Revision of its Nuclear Doctrine

Russia's nuclear doctrine, particularly concerning its large arsenal of non-strategic nuclear weapons (NSNW), has become one of the most pressing issues in Euro-Atlantic security. Russia is planning to revise its nuclear doctrine, the Russian Foreign Ministry has announced. This decision is of course being made against the backdrop of the ongoing war of aggression against Ukraine and the reactions of the West.

June 18, 2024

30 Years of the WKÖ Export Prize: Austrian Companies Honored for Top Performance

Austria's export industry has achieved impressive successes over the last 30 years. EU accession in 1994 played a key role in this, paving the way for a more than five-fold increase in goods exports. Despite challenging framework conditions, the 63,700 domestic export companies achieved a record value of 200 billion euros in goods exports and 83 billion euros in services exports last year.

June 18, 2024

OSCE Chairman Ian Borg Reaffirms Peace Efforts at Ukraine Summit in Switzerland

The Ukraine peace summit on the Bürgenstock in Switzerland emphasized the OSCE efforts under the leadership of Ian Borg, while Russia was conspicuous by its absence and strict negotiating conditions.

June 17, 2024

Austria's Common Tones in Times of War and Conflict

Five musicians with Israeli, Arab, and Persian roots from Daniel Barenboim's West Eastern Divan Orchestra performed at Palais Niederösterreich, under the auspices of Foreign Minister Alexander Schallenberg, highlighting the unifying power of music amid global crises and conflicts.

June 17, 2024

30 Years of the EU Referendum: A Success Story for Austria

On June 12, 1994, a groundbreaking referendum was held in Austria, in which two-thirds of the population voted in favor of joining the European Union. This decision laid the foundations for a new era of economic, political, and social integration of Austria in Europe. Since its official accession on January 1, 1995, the country has changed considerably and has since benefited from EU membership in many ways.

June 12, 2024

Ukraine's Economic Potential: Analysis by the Vienna Institute for International Economic Studies

In a new comprehensive study by the Vienna Institute for International Economic Studies (wiiw) and the Bertelsmann Foundation, Ukraine is recognized as having enormous economic potential.

June 12, 2024

Russia Expels ORF Correspondent Maria Knips-Witting

In a surprising diplomatic escalation, Russia has withdrawn the accreditation of ORF correspondent Maria Knips-Witting and ordered her to leave the country as quickly as possible. This measure was described by the Russian side as a “forced measure” and explained as a reaction to the withdrawal of the accreditations of two Russian journalists from the state news agency TASS in Austria. Knips-Witting has been reporting from Moscow since January 2024.

June 11, 2024

Austrian FPÖ Demands Right to Appoint Austrian EU Commissioner

Shortly after its triumphant success in the EU elections, the Freedom Party of Austria appears strong and confident. Now the FPÖ is emphatically demanding the right to appoint the Austrian EU Commissioner.

June 11, 2024

Shift to the Right in the EU and its Impact on Austria and Europe

The recent EU parliamentary elections have shown a clear shift to the right across Europe, particularly in Austria, where the FPÖ celebrated historic successes. These results put the political stability and future direction of the EU to the test.

June 10, 2024

Austria Promotes Key Projects for Renewable Energies in Central Asia

High-ranking representatives from Central Asia, Europe, and the Middle East as well as private investors are gathering in Vienna at the invitation of the World Bank to hold the International Energy Investment Forum. The event is being held in cooperation with the government of the Kyrgyz Republic and other international financial institutions such as the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB).

June 10, 2024

Shield 24: Largest Austrian Armed Forces Exercise in a Decade

From June 10 to 21, 2024, the Austrian Armed Forces will be conducting the most comprehensive military exercise of the last ten years. Around 7,500 soldiers and civilian staff will take part in “Schutzschild 24”, supported by international forces from Germany, Sweden, Croatia, Bosnia and Herzegovina, and Montenegro.

June 9, 2024

Austria Supports International Call for Ceasefire in Gaza Conflict

In an urgent joint statement, the USA, Great Britain, Germany, and numerous other countries, including Austria, have called for an immediate ceasefire in the Gaza conflict.

June 6, 2024

UN in Vienna to Get Monumental Mural to Promote Sustainable Development

An impressive art project will enrich the skyline of Vienna when a giant mural is created on one of the towers of the Vienna International Center (VIC). In collaboration with the Calle Libre Street Art Festival and the UN family in Vienna, the artwork aims to highlight the importance of achieving the Sustainable Development Goals (SDGs) and shaping our common future.

June 5, 2024

China's Ambassador Qi Mei On Cooperation Between China and Austria

China and Austria have maintained diplomatic relations since 1971. Chinese Ambassador to Austria Qi Mei spoke about the biggest milestones in cooperation, current challenges, and future potential.

June 5, 2024

Brigitte Bierlein is Dead: Austria Mourns the Loss of its First Female Chancellor

Brigitte Bierlein, Austria's first female chancellor, has died at the age of 74. The Constitutional Court (VfGH) announced the news of her death, of which Bierlein had been a member for around 16 years. She succumbed to a short, serious illness. Federal President Alexander Van der Bellen and Federal Chancellor Karl Nehammer paid tribute to Bierlein as an outstanding personality who had served the country faithfully in many functions.

June 3, 2024

UNHCR Calls for Increased Efforts Against Statelessness in Austria

Ten years after the UN Refugee Agency's (UNHCR) #IBelong campaign launched, which aimed to end statelessness by 2024, an estimated ten million people worldwide still live without citizenship. The UNHCR also sees a considerable need for action in Austria.

June 3, 2024

Austria Signs Pact for Hydrogen Corridor

In a step towards a sustainable energy future, the energy ministers of Italy, Germany, and Austria have signed a joint declaration of intent to develop a hydrogen import corridor between the three countries.

May 30, 2024

Othmar Karas Warns Against Extremism and Emphasizes the Importance of the Political Center in Europe

Around two weeks before the EU elections, the outgoing first Vice-President of the European Parliament, Othmar Karas (nor ÖVP), issued an urgent warning about the dangers of "extremism and nationalism". At a press conference at the party headquarters of the South Tyrolean People's Party (SVP) in Bolzano, Karas emphasized the need for a strong "political center" characterized by cooperation and compromise.

May 27, 2024

Anti-Muslim Racism in Austria Reaches New High

The Documentation Center Islamophobia and Anti-Muslim Racism (Documentation Center Austria) recently published worrying figures for the year 2023. A total of 1,522 cases of racist attacks on Muslims were recorded, which is the highest number since records began in 2015.

May 27, 2024

Concordia Ball 2024: A Celebration of Freedom of the Press

On May 24, 2024, Vienna City Hall was transformed into the venue for the 124th Concordia Ball, at which the media industry, artists, and cultural figures as well as an international ball audience set an impressive example for freedom of the press. This year, the traditional ball, organized by the Concordia Press Club, was all about free journalism and diversity of opinion.

May 26, 2024

Supply Stop and Human Rights Allegations for OMV

OMV, Austria's leading energy company, is currently under immense pressure. Two developments could have a significant impact on the company and the Austrian energy market: the threat of Gazprom stopping gas supplies and serious allegations of involvement in war crimes against former OMV executives in Sudan.

May 22, 2024

Russia Begins Nuclear Weapons Exercises Near Ukraine

Russia has begun nuclear weapons exercises near the Ukrainian border, once again issuing a stronger nuclear threat to the West. The exercises, which are taking place in the south of Russia, include training with tactical nuclear weapons, as announced by the Russian Ministry of Defense.

May 21, 2024

Austria's Constitutional Protection Agency Warns of Chinese Economic Espionage

The Austrian Office for the Protection of the Constitution has issued an urgent warning about Chinese industrial espionage. Small and medium-sized enterprises and research centers are particularly at risk.

May 20, 2024

FPÖ Wants Orban as EU Commission President

The top candidate of the Austrian right-wing party FPÖ is threatening to stop EU contributions under an FPÖ government and would like to see the Hungarian prime minister as EU Commission president.

May 20, 2024

Brenner Transit Dispute: Austria and Italy Go to European Court

The long-running dispute over the anti-transit measures on the Brenner route between Austria and Italy continues to escalate: the European Commission has cleared the way for Italy to take Austria to the European Court of Justice (ECJ).

May 16, 2024

Raiffeisen Bank International Withdraws from Controversial STRABAG Transaction

Raiffeisen Bank International AG (RBI) has announced that it will no longer pursue the planned acquisition of shares in STRABAG SE. This decision was made public in an ad hoc announcement in which the bank stated that it had not received the necessary comfort in discussions with the relevant authorities to proceed with the transaction. RBI therefore decided to refrain from the transaction for reasons of prudence.

May 15, 2024

René Benko Business Scandal: Abu Dhabi's Ruling Family Demands Millions Back

The ruling family of Abu Dhabi, led by Crown Prince Mohamed bin Zayed al Nahyan, is demanding the return of 250 million euros from René Benko via the International Court of Arbitration (ICC) in Paris.

May 14, 2024

Austrian NEOS Party Calls for Special Audit on Flawed Austrian Counterintelligence

In a recent initiative in the Austrian National Council, the NEOS party has requested a comprehensive special audit by the Austrian Court of Audit focusing on the effectiveness of counter-espionage measures in the central ministries. This demand is particularly directed at the ÖVP-led interior, foreign, and defense ministries, which, according to NEOS Secretary General Douglas Hoyos, have shown a "lax" attitude to counter-espionage for decades.

May 13, 2024

FPÖ Demands Stricter Control of Austria's Payments to Ukraine

In a recent debate in the Austrian parliament, the FPÖ called for establishing a separate control body to review the financial support provided by Austria and the EU to Ukraine. FPÖ MP Susanne Fürst expressed concerns about the efficiency of the existing control mechanisms and warned of the risk that the billions in aid could seep into the "channels of the Zelenskyy regime".

May 13, 2024

High Turnover of Russian Embassy Staff in Austria

The Austrian authorities are at the center of a sensitive security debate as diplomatic relations with Russia are strained by high staff turnover and serious allegations of espionage. Foreign Minister Alexander Schallenberg addresses these issues in light of new parliamentary questions.

May 13, 2024

Ukrainian Embassy in Vienna Protests Against FPÖ Election Poster

The Embassy of Ukraine in Vienna has lodged a formal complaint with the Austrian Foreign Ministry after an election poster by the Freedom Party of Austria (FPÖ) caused outrage.

May 8, 2024

Remembering the Past, Preserving the Future: Liberation Ceremonies in Mauthausen and Melk

In an impressive gathering, thousands of people commemorated the liberation of the Mauthausen concentration camp and its satellite camps to keep the lessons of history alive and fight against forgetting. International delegations, including high-ranking representatives from politics and society, gathered to underline the importance of law and justice and to honor the victims of National Socialism.

May 8, 2024

Medical Research Cooperation between Austria and France

An important framework agreement between Austria and France was signed at the French embassy, laying the foundations for closer scientific cooperation. The French Institut National de la Santé et de la Recherche Médicale (INSERM) and the Austrian Wolfgang Pauli Institute (WPI) will intensify the transnational research and knowledge exchange.

May 7, 2024

Diplomatic Collisions on the Nuclear Front: Global Nervousness over Russia's Nuclear Maneuvers

Increasing tensions and recent developments regarding nuclear exercises and rhetoric pose a number of challenges for Europe, European security and especially Austria as the home of the International Atomic Energy Agency (IAEA) and the Comprehensive Nuclear-Test-Ban Treaty Organization (CTBTO).

May 6, 2024

20 Years of EU Enlargement: Austria Looks at the Success Story of European Integration

Exactly 20 years ago, on May 1, 2004, a historic enlargement of the European Union came into force. Estonia, Latvia, Lithuania, Malta, Poland, Slovakia, Slovenia, the Czech Republic, Hungary, and Cyprus became member states, marking the beginning of a new chapter in the history of Europe. This fifth round of enlargement marked a milestone for the countries involved and a significant change for Austria, as Foreign Minister Alexander Schallenberg, the Austrian Federal Economic Chamber and the Austrian Society for European Politics emphasize.

May 5, 2024

RBI in a Balancing Act Between Sanction Risks and Solid Management

Raiffeisen Bank International (RBI) is currently caught between geopolitical tensions and its own business progress. Recent developments have led the bank to take cautious steps to avoid sanction risks on the one hand and to present its robust quarterly results on the other, which show that the bank remains strong even without the income from Russia and Belarus.

May 2, 2024

Republic of Austria Opposes Restructuring of Signa Development

The Republic of Austria has filed an appeal against Signa Development's fiduciary restructuring plan, leaving the future of the restructuring process of the real estate conglomerate founded by René Benko hanging in the balance. This legal action could lead to a complete reassessment of the restructuring strategy.

May 1, 2024

Vienna National Defense Academy to Host Regional Strategy Course for the Western Balkans

The "Regional Strategic Leadership Course" is part of a larger initiative launched in 2018 to promote cooperation between the defense ministries of Austria, Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia.

April 30, 2024

Vienna to Host the "TRATOLOW" Climate Conference for the Western Balkans and Turkey

In a crucial meeting in Vienna today, leading climate and environmental representatives from the Western Balkans, Turkey and the EU discussed strategies to tackle climate change. Organized by the Austrian Ministry for Climate Action, the EU Department for Climate Action and the Austrian Environment Agency, the conference focused on the TRATOLOW project, which aims to achieve a sustainable climate transition in these regions.

April 29, 2024

Vienna Hosts Major International Conference on Autonomous Weapons Systems

The historic Hofburg Palace in Vienna will be the center of global attention as it hosts the international conference entitled "Humanity at the Crossroads: Autonomous Weapons Systems and the Challenge of Regulation." The Vienna Conference on Autonomous Weapons Systems will take place from April 29 to 30, 2024.

April 28, 2024

Future of Research in Austria: Leader in the European Union

In an unprecedented phase of development, Austria's research landscape has set out to achieve the highest research quota within the European Union. The year 2024 marks a turning point in which the country achieves a research quota of 3.34% of gross domestic product (GDP) - a record figure that puts Austria on the ambitious path to the top in Europe.

April 24, 2024

Flow-Through Capital Despite Sanctions: Russian Investments in Austria Continue to Flow

While international tensions and the war in Ukraine, which has been going on for more than two years, are putting a heavy strain on relations between Russia and the West, Austria remains a remarkably robust magnet for Russian investment. Contrary to expectations that the extensive international sanctions against Russia would curb capital flows, the latest data from the Austrian Ministry of Economic Affairs' investment control report shows a different reality: Russian investments in Austria rose by 14% to EUR 25.5 billion in the first half of 2022.

April 22, 2024

Climate Incentive Programs in the USA: A Magnet for Austrian and International Investors

At an information event in Austria, the U.S. Commercial Service and SelectUSA, together with the American Chamber of Commerce in Austria, provided important insights into the latest U.S. climate incentive programs. The event attracted a large number of Austrian and international investors who learned about the opportunities offered by the Inflation Reduction Act and the Bipartisan Infrastructure Law.

April 18, 2024

Raiffeisen Bank International Expects ECB Call to Accelerate Withdrawals from Russia

Raiffeisen Bank International (RBI) is facing increasing pressure from the European Central Bank (ECB) to reduce its business activities in Russia more rapidly. This follows a number of developments and the publication of an ad hoc announcement by the bank in which it is expected that the ECB will make an official request to accelerate the wind-down measures in the near future.

April 18, 2024

Escalating Tensions: EU Responds to Iranian Missile Strikes on Israel

Tensions in the Middle East have further escalated following the recent Iranian drone and missile attacks on Israel, prompting an international response, particularly from the European Union. An urgently convened virtual meeting of EU foreign ministers, including Austria's Foreign Minister Alexander Schallenberg, took place to discuss the situation and possible steps to be taken.

April 17, 2024

Group DF International and Hyundai Engineering in Vienna: New Industrial Park in Ukraine

In an ambitious move to aid Ukraine's post-war reconstruction, Group DF International, led by controversial Ukrainian oligarch Dmytro Firtash, and Hyundai Engineering Co. Ltd., have embarked on a major venture to establish a chemical industrial park in the city of Rivne, situated in Western Ukraine. This pivotal agreement was officially sealed in Vienna, setting the stage for what is poised to be one of the most substantial investment initiatives in the region.

April 15, 2024