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

“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

Stable Outlook for Austrian Industrial Sector

Austrian industrial enterprises expect production, order intake and employment tob e stable in the second half of 2012. The uncertainty remains.

July 11, 2012

Large Saudi Delegation in Vienna

A memorandum of understanding in Austrian Federal Economic Chamber between the Austrian Republic and the Kingdom of Saudi Arabia will be signed.

July 9, 2012

“Market Place Austria 2012” on 3rd October in Vienna

"Marketplace Austria" gives buyers from all over the world unique opportunity to meet Austrian suppliers and producers from the food and drinks sector and to find new business partners.

June 25, 2012

New IV´s President Dissatisfied with Political System

The corruption scandals oft he past would damage Austria´s reputation as business location, Georg Kapsch thinks.

June 23, 2012

Austria´s Exports to Asia on the Rise

Last year, Austrian exports totaled € 122bn. Above all, exports to emergin markets Brazil, India and China are growing.

June 21, 2012

New IV´s President: „Down With Taxes!“

Today, Georg Kapsch became the new President of the Federation of Austrian Industries. In order to create growth, taxes and regulations should be cut.

June 21, 2012

„ÖIAG Should Finance Start-Ups“

The Federation of Austrian Industries (IV) suggests using ÖIAG´s investment income for the purpose of financing start-up enterprises.

June 19, 2012

Uncertain Future for ÖIAG

After CEO Markus Beyrer announced to resign, a new debate about the future of the publicly held Austrian industrial holding emerged.

June 19, 2012

Leitl Underlines Good Relations with Hungary

At the visit of Hungary´s Viktor Orban, the President of the Austrian Chamber of Commerce (WKO) stresses the long-term commitment of Austrian enterprises in Hungary and claims legal security in return.

June 14, 2012

IV: „Budget Consolidation Supports Economic Growth“

The Federation of Austrian Industries pushes for structural reforms in order to cut public expenses.

June 8, 2012

Austria to Expand Relations with Cyprus

Federal President Fischer and WKO´s President Leitl accomodated the Cypriot-Austrian Business Forum. Economic relations show potential for expansion and further development.

June 4, 2012

„Something Is Wrong in Austria“

According to the Austrian Chamber of Labor, Austrian workers have to bear the highest burden of the crisis. The contribution of great fortunes would be insufficient.

May 30, 2012

CA Immo Leases Major Office to ORF

The Austrian broadcaster ORF will take up residence at a major office building developed by the Vienna-listed real estate company CA Immo.

May 30, 2012

"Europe Needs Economic Growth and Budget Discipline“

Structural reforms are necessary to make Europe sustainably more competitive, Christoph Leitl, President of Austria´s Chamber of Commerce (WKO) says.

May 26, 2012

Austrian Chamber of Economics Claims Growth Package

Christoph Leitl, President of the Austrian Chamber of Commerce thinks that Austria and Europe would both need growth and austerity measures.

May 25, 2012

Pressure on Medium Income Earners Rising

The Austrian Chamber of Labor warns that the number of people who do not get by with their income anymore rose to 60%.

April 28, 2012

Labor Time: Resistance Against SPÖ´s Plans

The governing Social-Democrats want to reduce labor time. Industrialists, the Chamber of Commerce and FPÖ decline that idea.

April 17, 2012

Foreign Trade: „We are on the Right Way“

Christoph Leitl, President of the Austrian Chamber of Commerce comments the export development: “The data of January show that we are on the right way.”

April 7, 2012