Sponsored Content
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
Signa Group's Luxury Properties up for Sale: A Glimmer of Hope for the Redevelopment
Signa Prime Selection AG, a major player in the luxury real estate market, is currently facing financial difficulties that could now be alleviated by the planned sale of some of its most prestigious properties. Karl-Heinz Götze, the insolvency manager of the credit protection association KSV1870, sees this step as a crucial "piece of the puzzle" for an orderly resolution of Signa Prime's insolvency proceedings.
February 14, 2024
Vienna Airport Focuses on Expansion: 420-Million-Euro Terminal Expansion Project Launched
The foundation stone for a comprehensive terminal expansion has been laid at Vienna Airport Schwechat. With a budget of 420 million euros, the airport will not only become larger but also more modern and customer-friendly by 2027.
February 14, 2024
Austrian Alevi Leader Arrested in Türkiye
In a disturbing incident, Mehmet Ali Çankaya, the former president and current honorary president of the Federation of Alevi Communities in Austria, was detained at Istanbul airport during a private visit to Türkiye and subjected to hours of interrogation.
February 13, 2024
Austria's Army is Gearing Up: Large-Scale Investment in Wheeled Tanks, Helicopters and Aircraft
The Austrian Armed Forces is facing a significant expansion of its vehicle fleet and aircraft fleet. The Ministry of Defense under department head Klaudia Tanner had already planned and made several new purchases since 2021.
February 13, 2024
EU House in Vienna Introduces New Environmental Standards
At a solemn ceremony, the First Vice-President of the European Parliament, Othmar Karas, and Wolfgang Bogensberger, Chief Executive Officer of the Commission's Representation in Austria, unveiled the EMAS environmental certification plaque for the European Union House at Vienna.
February 12, 2024
Austria and Montenegro Strengthen Relations: EU Accession by 2028 in Sight
During an official visit to Vienna by Montenegrin President Jakov Milatović, Austria's Federal President Alexander Van der Bellen emphasized the importance of Western Balkan integration into the EU, with Montenegro leading the way. Given the Russian war of aggression against Ukraine, a "realistic prospect of accession" for these countries is now "more important than ever".
February 8, 2024
Austrian President Van der Bellen Visits Pioneering Integration Project "NACHBARINNEN in Vienna"
Federal President Alexander Van der Bellen emphasized the importance of integration and empowerment during his visit to the sewing workshop of the "NACHBARINNEN in Wien" association. The association, known for its successful work with migrant women, relies on the principle of self-empowerment and role models from their own culture to bring women and families with a migration background out of isolation.
February 7, 2024
IAEA Chief Underlines in Ukraine: "No Room for Complacency"
The IAEA Director General and his team of experts traveled to Kyiv and to the south to visit the Zaporizhzhya Nuclear Power Plant. During the critical visit to Ukraine, Rafael Mariano Grossi, Director General of the International Atomic Energy Agency (IAEA), met with high-ranking Ukrainian officials, including President Volodymyr Zelenskyy and Energy Minister German Galushchenko.
February 6, 2024
Order of Malta Strengthens Diplomacy for Humanitarian Aid
A major international conference in Rome, attended by the Sovereign Order of Malta's Ambassador to the Republic of Austria, H.E. DI Sebastian Prince von Schoenaich-Carolath, has strengthened the role of the Order of Malta's diplomatic service in the international community. The event included an audience with Pope Francis and provided a platform for exchange on ways to intensify international cooperation.
February 6, 2024
Africa Day 2024: Austria Looks to Africa's Future Markets
This year's Africa Day was all about Africa's future markets and offered a platform to strengthen economic relations between Austrian and African companies. Organized by the Austrian Federal Economic Chamber (WKÖ), the event attracted more than 1,200 participants from Austria, over 30 African countries, and guests from Europe, Asia, and the USA.
February 5, 2024
Signa-Retail Company Lamarr Declares Bankruptcy
The highly anticipated Lamarr Kaufhaus project on Mariahilfer Straße in Vienna, set to include a flagship department store and hotel, has filed for bankruptcy. This development comes as a significant blow, as the project, originally slated for completion in 2025, has faced financial turmoil. The insolvency was confirmed by the Creditors' Protection Association KSV 1870 on Friday.
February 4, 2024
EU Ambassador in Vienna Selmayr Transitions to Academia
After serving as the Ambassador of the European Commission in Austria since November 2019, Martin Selmayr is embarking on a new journey in academia.
January 31, 2024
Exciting Race for EU Mandates: Austria's Parties in Starting Position
Austria's political landscape is gearing up for an exciting election year, starting with the election of EU representatives in June. The Neos were recently the last of the parliamentary parties to complete their list of candidates and their election program, marking the official start of preparations for the EU elections. Despite this great start to the campaign, the rise of right-wing populist parties in Europe and the troubled relations between the EU and Russia will make the EU elections even more complicated.
January 31, 2024
Austria United in Remembrance: Joint Remembrance on International Holocaust Remembrance Day
In an impressive sign of solidarity and remembrance, representatives of the Jewish Community, Roma, Austria's political leaders, and members of the democratic opposition came together in Vienna to commemorate the millions of victims of the Shoah.
January 30, 2024
Austria's Ministry of Defense Warns of Global Risks
In a time of global uncertainty, the Austrian Federal Ministry of Defense has presented the "Risikobild 2024 - World out of joint". The presentation at the Raiffeisen Forum, led by Defense Minister Klaudia Tanner, aimed to shed light on the security policy challenges at the national and international level for the coming twelve to 18 months.
January 29, 2024
Realignment and Expert Dialog: Austria's Path to Fair Competition
The new head of the Federal Competition Authority (BWB), Natalie Harsdorf-Borsch, has set herself the goal of taking stronger action against companies that abuse their market power. This focus marks a strategic reorientation of the BWB, which previously dealt primarily with price agreements and investigated fewer cases of abuse of market power.
January 28, 2024
International Flair at the 75th Officers' Ball in Vienna
The Officers' Ball in Vienna attracted not only local guests but also an impressive number of international guests, underlining the importance of the event in the diplomatic calendar.
January 24, 2024
Intensive Diplomatic Activities of the Iraqi Foreign Minister in Vienna
Iraqi Deputy Prime Minister and Foreign Minister Fuad Hussein held a series of significant meetings during his official visit to Austria aimed at strengthening bilateral relations and discussing key regional challenges.
January 24, 2024
Austrian Justice Minister Zadić Plans Reforms in Connection with the Signa Insolvency
The insolvency of the Signa real estate company has far-reaching consequences, which are now also prompting the Austrian Ministry of Justice under the leadership of Green Justice Minister Alma Zadić. In a five-point plan in response to Signa's insolvency, Zadić plans to significantly tighten the penalties for failing to submit balance sheets.
January 24, 2024
Promotion of Democracy in the Age of AI by the U.S. Embassy in Vienna
The U.S. Embassy in Austria, in cooperation with the Austrian Federal Ministry for European and International Affairs (BMEIA), recently hosted renowned AI ethics and policy expert Merve Hickok for an important dialog on global challenges. This initiative is part of the "U.S.-Austria Citizen Dialogue on Global Challenges".
January 22, 2024
Intercultural Achievement Award 2024 of the Austrian Foreign Ministry
The Federal Ministry for European and International Affairs invites organizations from Austria and abroad to apply for the Intercultural Achievement Award 2024. This prestigious award, now in its eleventh year, recognizes outstanding intercultural and interreligious projects that contribute to global dialogue and mutual understanding. The deadline for project proposals is March 17, 2024.
January 18, 2024
Jonas Kaufmann and Elisabeth Engelbrechtsmüller-Strauss Awarded the French Legion of Honor
The awards of the French Legion of Honor to Jonas Kaufmann and Elisabeth Engelbrechtsmüller-Strauss underline the importance of their artistic and business activities. Kaufmann's contribution to the world of opera and music and Engelbrechtsmüller-Strauss' successful management of an international technology group as well as her social commitment reflect France's appreciation of outstanding achievements in culture and business.
January 18, 2024
DHK New Year's Reception 2024: Business and Politics in Dialog
The traditional New Year's reception of the German Chamber of Commerce in Austria (DHK) took place in Graz, set against the historic backdrop of the auditorium of the Old University.
January 17, 2024
25th Savaball: A Celebration of Serbian Culture at the Vienna Hofburg
The 25th anniversary of the Savaball at the Vienna Hofburg will be a great celebration of Serbian culture and tradition. With high-caliber guests from politics and show business, international artists, and a social commitment, the ball promises to be a great celebration of Serbian culture and tradition.
January 17, 2024
Austria's Graz Supports Lviv in Building an Artistic Library
In a remarkable gesture of cultural cooperation, the Austrian city of Graz has agreed to support the Ukrainian city of Lviv in the construction of a new Artistic Library. This decision strengthens the already existing historical ties between the two cities and marks an important step in their cultural cooperation.
January 16, 2024
Signa Prime and Development: Future Secured Despite Insolvency
The future of the two important branches of the Signa Group, Signa Prime and Signa Development, seems secure for the time being.
January 15, 2024
60 Years of the Documentation Archive of Austrian Resistance
The Documentation Centre of Austrian Resistance (DÖW), an important institution in the reappraisal of Austria's Nazi past, is celebrating its 60th anniversary. Founded in 1963 by former resistance fighters and victims of Nazi persecution as well as committed academics, the DÖW has played a central role in researching and communicating the history of resistance against the Nazi regime.
January 15, 2024
Karl von Habsburg Calls for Decisive Action in Speech on the Future of Europe
Karl von Habsburg, President of the Pan-European Movement Austria, used the annual "Speech on the Future of Europe" to address important European policy issues. The motto of the online matinee was "Courage to take responsibility".
January 11, 2024
Austrian Banking Sector Focuses on Sustainability: OeKB > ESG Data Hub Established
In a remarkable step towards promoting sustainability in the financial sector, Oesterreichische Kontrollbank (OeKB) has successfully introduced the OeKB > ESG Data Hub. Around 80% of the domestic banking sector, including well-known institutions such as UniCredit Bank Austria, Raiffeisen-Sektor, Erste Bank, and Sparkassen as well as Oberbank, already use this central online platform.
January 11, 2024
Austrians Show Trust in the Euro, Skepticism Towards its Digital Counterpart
According to a recent survey by the Austrian Society for European Politics (ÖGfE), 54% of Austrians trust the euro as a currency, while the digital euro is still awaiting broad acceptance. Paul Schmidt, Secretary General of the ÖGfE, analyzed these results in the context of the 25-year history of the euro and current European monetary policy.
January 10, 2024
Secret Meeting to Plan Mass Displacement in Germany: The Role of the Austrian Martin Sellner
A secret meeting held in a hotel near Potsdam last November brought together high-ranking AfD politicians, neo-Nazis and wealthy entrepreneurs. The meeting aimed to discuss a plan to expel millions of people from Germany. Among those present was Martin Sellner, a well-known far-right activist from Austria and former spokesperson for the Identitarian Movement Austria.
January 10, 2024
Westbahn Maintains Service Between Vienna and Munich During GDL Strike
Despite the announced three-day strike by the German Train Drivers' Union (GDL), which will take place from Wednesday, January 10 to Friday, January 12, 2024, WESTbahn confirms that its train services to and from Rosenheim and Munich will continue to run as planned.
January 9, 2024
Vienna Stock Exchange Overcomes Challenges in 2023 with Record Bond Listings
The Vienna Stock Exchange experienced a challenging year in 2023, characterized by high interest rates, persistent inflation and geopolitical tensions affecting the European equity markets. Despite these unfavorable conditions, which impacted trading activity, the exchange achieved a record year for bond listings.
January 8, 2024
UNOOSA Calls for Increased Efforts to Combat Space Debris
Aarti Holla-Maini, the Director of the UN Office for Outer Space Affairs, is calling on governments and industry to accelerate voluntary guidelines for the sustainable use of outer space. With the increase in rocket launches and satellites, there is growing concern about the risk of dangerous collisions and the creation of space debris.
January 8, 2024
Alarming Number of Abducted Children in the Ukraine War
The Ukrainian government has made alarming statements about the abduction of children in the war against Russia.
January 8, 2024
Financial Crisis at Signa: Bankruptcy Proceedings Initiated for Subsidiaries
The financial difficulties of Signa's flagship Signa Prime Selection lead to further negative developments within the group.
January 8, 2024
Signa Crisis: Call to Investors for Financial Support
Signa Holding, a prominent real estate company, is facing financial difficulties. Erhard Grossnigg, the Chief Restructuring Officer of the Signa subsidiaries Prime and Development, has sent a letter to investors urgently requesting additional funding.
January 4, 2024
Viennese Air Quality 2023: Compliance with all Pollutant Limits
Air quality in Vienna in 2023 shows a significant improvement and continues the trend of recent years. Despite increased particulate matter levels due to New Year's Eve fireworks, the legal limits for pollutants were met at all measuring points.
January 4, 2024
UNOOSA Launches "Space Bridge" to Promote Global Space Dialogues
The United Nations Office for Outer Space Affairs (UNOOSA) has launched the "UNOOSA Space Bridge" under the leadership of Aarti Holla-Maini. This project was presented at the World Space Forum in Vienna and aims to strengthen global dialog to promote local action. The initiative aims to promote international expertise through targeted exchange programs and connect isolated areas of work.
January 2, 2024
Van der Bellen in New Year's Address: Call for More Dialog and Confidence
In his New Year's address, Federal President Alexander Van der Bellen called on Austrians and all those living in Austria for more confidence and constructive dialog.
January 1, 2024
Austria Considers Entry Ban for Violent Israeli Settlers
In a noteworthy development, Austria is considering a travel ban on violent Israeli settlers, Foreign Minister Alexander Schallenberg has announced. This follows moves by the US as well as Germany and France, which are discussing similar measures.
December 27, 2023
French-Austrian Cultural Exchange: Costa-Gavras Honors Vienna with an Inspiring Visit
Vienna was enriched by a visit from the renowned Franco-Greek director Costa-Gavras. Accompanied by his wife Michèle, the award-winning cineaste enjoyed a day full of cultural highlights in the Austrian capital. The visit concluded with a meeting between Costa-Gavras and leading representatives of the Austrian film at the French Embassy.
December 27, 2023
Austria in EU Council: Focus on Finance, Migration and Geopolitical Stability
After two intensive days of negotiations, the European Council in Brussels came to an end on Friday evening. The EU member states set new priorities for the EU budget, discussed future EU enlargements, and took a stand on current geopolitical issues. Austrian Chancellor Karl Nehammer supported these steps.
December 26, 2023
Eurobarometer Survey: Growing EU Support in Austria
A recent Eurobarometer survey reveals a remarkable trend: support and a positive image of the European Union (EU) have increased in Austria and across Europe. According to Martin Selmayr, Head of the European Commission Representation in Austria, the mood towards the EU in Austria is "better than often assumed."
December 26, 2023
Emirati State Fund Mubadala Fails with Claim Against Signa Holding
The Abu Dhabi sovereign wealth fund, Mubadala, has failed with a significant claim against the insolvent Signa Holding. The request to claim a payment of 713 million euros was rejected in emergency arbitration proceedings.
December 21, 2023
Vienna Stock Exchange Expands Offering with Focus on ESG and Digitalization
The Vienna Stock Exchange has announced a significant expansion of its offering in the global market and Exchange Traded Funds (ETFs) segments with a focus on ESG (Environmental, Social, and Governance) and digitalization.
December 21, 2023
Evolution of Serbian Elections: From Socialist Yugoslavia to Democratic Transition
The history of elections in Serbia, particularly during and after World War II, is a compelling illustration of the nation's political evolution. Read more about the history and the recent election in Serbia!
December 19, 2023
Russian Oligarch Oleg Deripaska Sells STRABAG Shares to Russian Corporation
The Russian oligarch and major shareholder of STRABAG, Oleg Deripaska, has initiated a sale of his considerable stake in the Austrian construction group to a Russian joint stock company.
December 19, 2023
Vienna Commercial Court Establishes Creditors' Committee for Signa Holding
The Austrian Signa Holding, founded in 2000 by René Benko, is currently facing major challenges. The Commercial Court of Vienna has set up a creditors' committee for the ongoing reorganization proceedings to examine the non-transparent structures of the Signa Group and to decide on the reorganization plan offered by Signa.
December 18, 2023
Ukraine Removes Raiffeisen Bank International from the List of "War Sponsors"
The Ukrainian government has temporarily removed Raiffeisen Bank International (RBI) from the controversial list of "war sponsors". This step follows intensive bilateral talks and consultations with representatives of the European Commission. RBI, which was previously criticized for its business activities in Russia and the recognition of the self-proclaimed Donetsk and Luhansk People's Republics by its Russian subsidiary, is now no longer suspected of supporting the Russian war of aggression.
December 17, 2023