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

Leitl: „There Is No More Time To Waste“

Switzerland and Sweden pull away from the rest of the European countries in regard to international competitiveness, according to the latest IMD report, while Austria has been falling behind.

May 31, 2013

Leitl: „EU Has To Deliver Clear Confession to Business Location Europe”

According to Leitl, the EU Summit has to deliver a “clear confession to business and industrial location” Europe.

May 22, 2013

Austria: Biggest Investor in Serbia

Serbia encourages Austrian enterprises to further invest in Serbian industries.

May 16, 2013

EU Commission: Action Plan for Steel Industry in Europe

During his visit to Linz, EU Commissioner for Industry and Entrepreneurship Antonio Tajani announced measures for the steel industry in Europe.

May 7, 2013

Leitl: „Cut of Base Rate by ECB Important and Necessary Signal“

President of the Austrian Chamber of Commerce Christoph Leitl welcomed the cut of the main refinancing rate to 0.5 percent.

May 2, 2013

Vienna: Infrastructure & Construction Summit Brings Together All Balkan Countries

Government ministers from Austria and various Balkan countries will be discussing infrastructure and construction in the region at a two-day summit in Vienna at the end of May.

April 30, 2013 · Sponsored Content

Austria and Bosnia-Herzegovina to Commence Dialogues

Bosnia-Herzegovina shows interest in Austrian social partnership model and measures against increasing youth unemployment rate.

April 18, 2013

Austria: Number of Small-Business Owners Increased Marginally

In 2012, there were around 251,000 one-person-businesses in Austria which is 11,000 more than in 2011.

April 16, 2013

Austria: Will Holidays on Thursdays be Abolished?

Minister of Infrastructure, Bures and President of IV announced to discuss the matter.

April 10, 2013

Austria: How to Finance Future Innovations

„Austria’s Future Needs Innovation” was the title of a discussion organized by the Research Council, the Austrian Institute of Technology (AIT) and the Federation of Austrian Industries (IV).

April 9, 2013

Austria: How to Benefit from Positive Labor Market Situation

Increasing number of employees should be reason to initiate economic stimuli and focus on investment incentives, states Leitl.

April 2, 2013

Austria Ranks 4th in Labor Productivity.

According to a study carried out by Eurostat, Austria is among the Top 5 of the most productive countries in the EU. In the last 20 years, the country was able to increase labor productivity by 36.5 %.

March 25, 2013

Austria Showing Less Reforming Zeal

According to the so-called „D-A-CH-Reformbarometer“, a study which was commissioned by the Chamber of Commerce, Austria’s will to reform has diminished.

March 20, 2013

Austria: Welfare Fraud Costs € 1bn Per Year

According to a study, which was commissioned by the Chamber of Commerce (WKO) and carried out by the Johannes-Kepler University in Linz, social fraud causes a smaller amount of economic damage than fiscal evation and black labor.

March 19, 2013

Leitl: "Restructuring Instead of Cashing in"

Christoph Leitl, head of WKO (Austrian Chamber of Commerce), dismisses further plans for a tax hike. The outcome would be fatal and the economy exposed to threats.

March 6, 2013

Austrian Exports Reach new All-Time High

The Austrian Chamber of Commerce (WKO) today presented the foreign trade results of 2012. This year, WKO´s President Christoph Leitl expects s moderate increase in exports.

February 21, 2013

Financial Transactions Tax: Austria Expects Tax Intake of € 500m

The Austria government is optimistic to reach the fiscal goal. The Federation of Austrian Industries (IV) warns of detrimental effects for the real economy.

February 16, 2013

Austrian Governing Parties Disagree on EU Budget

The Austrian people´s party (ÖVP) has criticized Federal Chancellor Werner Faymann (SPÖ). The social democrats argue that the coalition partner ÖVP has “no team sprit”.

February 11, 2013

“Not Enough Support for Growth and Competitiveness“

Georg Kapsch, President of the Federation of Austrian Industries criticizes that the EU budget does not contain enough future investments.

February 9, 2013

Austria: Residential Building Is „Much too Low“

In the next years, Austria faces a remarkable housing shortage, the Austrian Chamber of Labor (AK) warns.

February 5, 2013

OeNB: Austrian Banks Remain Cautious

According to Austrian National Bank, the Austrian banking industry tends to keep the strict lending policy in the corporate banking sector.

January 30, 2013

“Austria Becomes More Vulnerable to Recessions“

Christoph Neumayer, secretary general of the Federation of Austrian Industries (IV), argues that the low investments may cause a recession.

January 29, 2013

Austrian Industry Against Short-Time Work

According to IV (Federation of Austrian Industries), short-time work is too expensive.

January 8, 2013

Austrian Industry: „Cutting Non-Wage Labor Costs!“

The Federation of Austrian Industries (IV) suggests boosting employment by reducing non-wage labor costs.

January 5, 2013

Austrian Industry Calls for Flexibilization of Short-Time Work

Austrian businesses expect that short-time work may return. Three years ago, the

December 4, 2012

Fischer Meets Kirchner

The Austrian President Heinz Fischer has started his state visit in Argentina.

December 3, 2012

9,500 Multinational Companies in Austria

Austria´s Minister of Social Affairs Rudolf Hundstorfer stresses the importance of multinational companies.

November 23, 2012

Austrian Industrial Federation Wants Higher VAT

Georg Kapsch, President of the Federation of Austrian Industries (I) calls for a VAT increase. The VAT rate remains unchanged at 20% of decades.

November 23, 2012

Austria Third Largest Investor in Czech Republic

According to the Czech President Vaclav Klaus, his Austrian counterpart Heinz Fischer and the President of the Austrian Chamber of Commerce Christoph Leitl, the bilateral trade relations are expandable.

November 14, 2012

Slovenia and Austria to Deepen Co-Operation

The Slovenian Minister of Economics Radovan Zerjav and the President of the Austrian Chamber of Commerce Christoph Leitl want to intensifiy the economic co-operation.

November 8, 2012

New Record for Bilateral Trade Between Poland and Austria

Christoph Leitl, President of the Austrian Chamber of Commerce underlines the close and friendly relationships between Poland and Austria.

November 8, 2012

Austrian-Ukrainian Trade Relations Show Development Potential

According to Richard Schenz, Vice President of WKO (Austrian Chamber of Commerce), the economic relations between Austria and the Ukraine are excellent.

October 25, 2012

„Strengthening Relation with Russia“

Christoph Leitl, President of the Austrian Chamber of Commerce (WKO) argues that Europe must co-operate closer with Russia in order to manage the crisis.

October 25, 2012

Austrian Industry: Downward Trend Continues

According to IV (Federation of Austrian Industries), the industrial production is stagnating. A trend reversal is not foreseeable. Pessismism is growing and unemployment will grow substantially.

October 22, 2012

Austrian Business Location Becomes Less Attractive

The economic sentiment of U.S. companies operating in Austria is decreasing. The high non-wage labor costs are Austria´s biggest problem.

October 17, 2012

Austrian Industry Reaffirms: „We need structural reforms”

The President of IV (Federation of Austrian Industries) Georg Kapsch argues that more justice cannot be achieved with new taxes.

October 13, 2012

“Austria´s Capital Market Needs Reforms”

The Federation of Austrian Industries (IV) calls for increasing the attractiveness of the Austrian capital market.

October 9, 2012

Austrian Socialists Call for New Taxes

The governing SPÖ wants to introduce new property and inheritance taxes.

October 4, 2012

Fekter Against Property Taxes

The Austrian Minister of Finance Maria Fekter (ÖVP) would support an income tax reform. Property taxes would not be acceptable, she says.

September 29, 2012

Austrian Business Profits Grow Stronger than Salaries

The Austrian Chamber of Labor (AK) analyzed 110 companies. In the last ten years, workers lost € 13,000 per head on average, AK says.

September 22, 2012

Austrian Industry Claims Tax Cut

The Federation of Austrian Industries (IV) wants a tax relief. In the coming years, the tax quota should be reduced to 38%.

September 20, 2012

„Banking Union Must Not Become Burden for Real Economy“

The Federation of Austrian Industries (IV) underlines that the banking union must be competition-neutral. Above all, the real economy must not face liquidity constraints, IV says.

September 13, 2012

Austrian Chamber of Labor: Loss in Real Income at 1.5%

Between 2000 and 2010, the average inflation and tax-adjusted net income was down by 1.5% in Austria, AK (Austrian Chamber of Labor) says.

September 5, 2012

Austrian Industry Promotes Employment of Older Workers

The Federation of Austrian Industries (IV) argues that the state budget may reduce pension costs by € 7.4bn if the reforms of Germany were implemented in Austria too.

August 29, 2012

Kapsch: “We Cannot Risk the Welfare State”

At the Alpbach Meeting, the President of the Federation of Austrian Industries (IV) Georg Kapsch underlines the necessity of competition. The

August 28, 2012

Real Income Development: Austrian Central Bank Opposes to UBS

According to OeNB (Austrian Central Bank), real income rose by 12.2% from 2000 to 2010. UBS recently published a study, which reported that the real income fell by 25%.

August 23, 2012

Kapsch Sees Austria´s Main Problem in Education Sector

In the last years, Austria fell behind in all competitive rankings. For the President of the Federation of Austrian Industries Georg Kapsch, education is the key factor.

August 22, 2012

Is the Euro Bad for Austria?

According to UBS, the Austrian real income was down by 35% since 2000. The introduction of the euro is the main reason, UBS says. UniCredit and the Federation of Austrian Industries oppose to the study.

August 22, 2012

IV Emphasizes: „New Taxes Harm Growth and Jobs“

Georg Kapsch, President of the Federation of Austrian Industries (IV), calls for growth stimulating measures. The industrial sector is the growth engine for Austria, he argues.

August 17, 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