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

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

Austrian Industrial Sector Faces Uncertainties

The Austrian industries expect a stagnation of business. Economic growth is low, export growth will be decent. Moreover, the order stock is declining.

April 4, 2012

Austrian Chamber of Commerce Underlines Importance of South Tyrol

The President of Austria´s Chamber of Commerce (WKO), Christoph Leitl, met South Tyrols governor Luis Durnwalder and stresses the good political and economic relationship between South Tyrol and Austria.

March 24, 2012

2,000 New Jobs Created by Foreign Enterprises

The Austrian Chamber of Commerce stressed the importance of foreign direct investment in Vienna. Last year, 126 foreign enterprises came to Vienna.

March 22, 2012

Working Time: 32% Work Longer than Stipulated

A study of the Austrian working atmosphere index shows that a substantial part of Austrian workers works longer than 40 hours per week.

March 10, 2012

Leitl: „Austerity Package Is Not Enough“

For Christoph Leitl, the President of the Austrian Chamber of Commerce (WKÖ), the recently resolved austerity package does not contain the essential reforms.

March 9, 2012

Foreign Direct Investment in Austria Increasing

In 2011, a moderate decline in new enterprise settlements was registered. Investments grew by 34%.

March 8, 2012

Austrian Economy Appreciates Serbian Approach to EU

Serbia officially became candidate for the EU-access. Christoph Leitl, President of the Austrian Chamber of Commerce, emphasized the importance of the “European perspective” for Serbia.

March 2, 2012

Public Dispute Over Privatizations

The two government parties disagree to the sale of further publicly held companies. ÖVP pushes for privatizations, for SPÖ the idea is inacceptable.

February 29, 2012

ORF Recorded Slight Profits in 2011

The Austrian public broadcaster ORF achieved profits of € 11.4m in 2011. Further cost cuts are planned.

February 25, 2012

Leitl Pushes for Reforms

The President of the Austrian Chamber of Commerce appreciates that actions worsening the Austrian business location conditions were prevented.

February 15, 2012

Austria´s Industry Supports Croatia´s EU Accession

The Austrian Chamber of Commerce sees a huge interest of the domestic economy in Croatia´s EU accession. In 2010, Austria was the largest investor.

December 10, 2011

Austrian Exports to Morocco Booming

In spite of the turbulent developments in the Arab region, the Maghreb state could maintain a strong economic growth. In 2011, Austrian exports to Morocco rise by 16%.

November 26, 2011

Leitl Promotes Exports to BRICS-Countries

The President of the Austrian Chamber of Commerce, Christoph Leitl, wants the exporting industries to focus more on Brazil, Russia, India, China and South Africa.

November 22, 2011

Austrian Firms Expect Slowing Economy

Forecasts for the Austrian economy have been deteriorating since summer 2011. The WKÖ now joins the chorus with a recent survey.

November 17, 2011

Chinese Companies Looking for Investment Opportunities in Austria

China’s President Hu Jintao comes for a state visit and is accompanied by a 160-member business delegation.

October 28, 2011

Growth in U.S. Winter Sports Market as a Chance

Against 2010, the U.S. winter sports market shows a rise in sales of 12%. The Austrian winter sports industry regards this as chance.

October 25, 2011

Metal Industry: New Bargaining Rounds

The Austrian trade union of metal workers and industry representatives could avert a strike. However, a compromise is still not found.

October 17, 2011

Chamber of Labor Claims Substantial Wage Increase

The Austrian Chamber of Labor calls for a massive rise in wages for metal workers. The union refers to increase profits of the metal industry.

October 10, 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

State Visit: "Huge Potential for Austrian Companies in India"

The Indian President Shrimati Patil absolved a state visit in Austria and met the Austrian President Heinz Fischer and the head of the Austrian Economic Chamber, Christoph Leitl.

October 8, 2011

Rising Turnover in Austrian Advertising Market

After the turbulences in 2009, the domestic advertising market could continue its positive trend from 2010. Within the first eight months, turnover grew by 7.9%.

September 27, 2011

“Austrian Exports to Turkey to Double“

According to the Austrian Chamber of Commerce in Istanbul, Austrian companies could benefit strongly from the persisting economic boom in Turkey.

September 26, 2011

German and Austrian Economy Claim Improvements for Company Loans

Representatives of the German and Austrian Economy fear adverse impacts for company loans from the new Basel III rules.

September 20, 2011

Austrian Textile Industry is Optimistic

The Austrian Chamber of Commerce sees a positive development in the domestic textile industry, especially in the export sector.

September 12, 2011

Austrian Tourism Industry Satisfied

In spite of a rainy July, the domestic hotel industry is quite satisfied with the summer season 2011. This is mainly due to the summerly August.

September 6, 2011

Leitl: „Austrian Economy Suffers from Lack in Skilled Labor“

According to Christoph Leitl, President of the Austrian Chamber of Commerce, 70% of all enterprises have difficulties in finding highly-skilled workers.

September 6, 2011

Industry Raises Alarm over Lack of Technicians and Apprentices

voestalpine CEO Eder and WKÖ president Leitl call for measures against the shortage of skilled personnel. They want to increase the attractiveness of technical jobs and raise the retirement age.

August 23, 2011

Unions Call for Massive Wage Increase

Austrian unionists demand a substantial premium above the inflation rate. They argue that employees should benefit from the strong economic development.

August 19, 2011

Austrian Companies Not Worried by US Downgrade

Despite falling share prices, most Austrian companies with exposure to the USA remain confident.

August 9, 2011

Crisis Reaches Retail Sector

Austria’s retail industry starts to feel the effects of a high inflation rate and the euro crisis. In May, revenues declined by 2.3%.

July 21, 2011

Food Prices Continue to Rise Rapidly

Within three months, prices increased by more than 8%. The Austrian Chamber of Labor asked the government to take countermeasures.

July 19, 2011

Austrian Banks React to ECB’s Interest Rate Decision

The Austria banks quickly passed on the interest rate hike to their customers. Christoph Leitl regards the decision as an impediment for budgetary consolidation.

July 8, 2011