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Vienna International Community - Other Top Players - Latest Headlines
Read updated news about other key people in Vienna's international community
Spindelegger New Vice-Chancellor and Head of ÖVP
Michael Spindelegger succeeds Josef Pröll as leader of the conservative party and Vice-Chancellor. Who will be in charge of the Minister of Finance, is still not clear.
April 15, 2011
Electric Mobility as a Topic of the Future for Domestic Enterprises
Austria's top politicians are expecting a high potential for Austria's economic landscape on occasion of the opening of the EL-MOTION congress.
April 14, 2011
Verbund: Expected Improvement in Earnings for 2011
Wolfgang Anzengruber, CEO of the Austrian energy group Verbund, foresees growth in earnings and a stable result for 2011
April 14, 2011
Vice-Chancellor Pröll Resigns
The Minister of Finance and Vice-Chancelor of Austria, Josef Pröll, decides to leave the political arena.
April 13, 2011
Russia is a New Promising Market for Kapsch
The Austrian technology group has reaped its first contract in Russia. The market has great potential, according to sources from Kapsch.
April 12, 2011
Hundstorfer and Leitl Promote Increase in Retirement Age
The Austrian Minister of Social Affairs as well as the Head of WKÖ (Austrian Economic Chamber, Christoph Leitl, want to reduce public payments for pensions.
April 11, 2011
Leitl: Export Year 2011 Started in a Fulminant Way
Exports increased in January by 26%; the target for the full year is to achieve the pre-crisis year’s record export volume of € 117bn.
April 9, 2011
Kern: "We are Struggling for Survival"
The CEO of the Austrian Federal Railways (ÖBB), Christian Kern, paints a dramatic picture of the largest domestic transport company.
April 8, 2011
Leitl: "Austria is Very Well Positioned for the Opening of the Labor Market"
Experts estimate immigration potential to be between 15,000 to 25,000 people; gains from migration for Austria, as from 1 May, about € 900m.
April 8, 2011
Renewable Energy as a Sustainable "Job Driver"
For the President of the Chamber of Agriculture (LK, Landeswirtschaftskammer Österreich), Gerhard Wlodkowski, renewable energies secure an edge on technology and high-quality jobs.
April 6, 2011
Koren Leaves Bawag
Bawag P.S.K. announces that the Deputy Chief Executive Officer Stephan Koren will not be available for an extension of his term of office as of 1 May.
April 5, 2011
Basel III: Leitl Demands Adaptation for SMEs
The implementation of Basel III should take business financing into account, for which reason national support measures are necessary for capital strengthening of small businesses.
April 5, 2011
Mitterlehner PromotesTourism Strategy for Austria
The Minister of Economy is working on a new alliance of federal and provincial governments in order to focus on marketing, subsidies and innovations for the tourism industry.
April 2, 2011
CEO Roiss: "OMV: an international player with Austrian roots"
The new CEO of OMV plans a strategy review on three main areas: regional focus, portfolio development and future challenges.
April 1, 2011
Mitterlehner: New Modernization Partnership Concluded with Russia
Minister of Economy: Investment opportunities for companies boost exports to Russia: innovations and new technologies as growth drivers.
April 1, 2011
Leitl Demands Reduction of Public Debt
The President of the Austrian Economic Chamber sees potential for efficiency in the administration, as well as in the health and pension system
April 1, 2011
Ruttenstorfer leaves OMV
The longtime CEO of OMV, Wolfgang Ruttenstorfer will pass on his position to Gerhard Roiss on April 1.
March 31, 2011
VIG: Supervisory Board Adopts Changes of Group Managing Board
Günter Geyer, 67, will resign as Chairman of the Managing Board of the listed Vienna Insurance Group AG with effect 31 May 2012.
March 31, 2011
AUA: Antinori will Finally Not Become CEO
Three days before his planned entry into Austrian Airlines, Antinori surprisingly announced his withdrawal from the Lufthansa Group.
March 30, 2011
Mitterlehner Intends to Expand Economic Relations with Malaysia
A work meeting was held in Vienna with the Malaysian counterpart. New export opportunities exist primarily through eco-innovation.
March 30, 2011
Vienna Stock Exchange: Management board contracts prolonged for five years
Heinrich Schaller and Michael Buhl will continue their functions as board members of the CEE Stock Exchange Group.
March 30, 2011
Official start of construction of Austria's largest building project
The start of construction of the controversial Koralm tunnel, a railway connection between Carinthia and Styria, has occurred. The 20km long tunnel will be completed in 2022.
March 29, 2011
Manufacturing Industry on Pensions: Structural Reform has to be Adressed Urgently
Manufacturing industry representatives were surprised at ÖGB statements. Instead of early retirements, more funds should be freed for future investments.
March 26, 2011
Leitl Promotes Green Electricity Amendment
The Economic Chamber President welcomes the initiative of the Minister of Economy: green electricity is promoted, reduced the backlog of planned investments.
March 24, 2011 · Updated: March 24, 2011; 01:34
Manufacturing Industry Sharply Criticizes the Union
Employees' proposals are not very productive, the Austrian Industrial Association says. There is no shift from wages toward corporate profits.
March 22, 2011
WKÖ: No EU Interference in Tariff Negotiations
The President of the Austrian Economic Chamber expects no interference from Brussels in domestic collective agreement negotiations.
March 22, 2011
Ikrath: "Bank Tax Should Fall in 2012"
Once the proposed bank rescue fund is set up, there should be no more national bank tax, says Michael Ikrath from the Sparkassenverband (Savings Banks Association).
March 19, 2011
Austria's Agricultural Exports Continued to Rise in 2010
Ministry of Agriculture: "Success of export initiative and focus on quality of domestic agriculture”.
March 19, 2011
Young Industry on Pensions: Failure of Politicians is "Evidence of Incapacity"
Mitterbauer said: "Austria continues to be a record holder for early retirement, despite the massive and long-term need for action." Inaction is "an affront to the younger generations".
March 19, 2011
Manufacturing Industry Supports Reform of the Energy System
Federation of Austrian Industries: "Energy efficiency has to get back into focus, the development of hydropower is a priority for Austria"
March 17, 2011 · Updated: March 18, 2011; 01:24
Anzengruber: Austria Should Halve Energy Consumption by 2050
Verbund CEO Wolfgang Anzengruber believes that energy efficiency can be increased significantly. The energy industry needs further investments in order to achieve this.
March 17, 2011
Wlodkowski: "Renewable Energy is the Only Road for the Future"
The President of the Chamber of Agriculture calls for the promotion of renewable energies. A "Fossil-lobby" allegedly wants to prevent this.
March 15, 2011
Austrian Post Announces Changes of Executive Board
Walter Hitzinger is appointed as director of the mail and retail division. Walter Oblin succeeds Rudolf Jettmar as CFO.
March 15, 2011
RLB Upper Austria Intends to Grow in Russia
The regional bank Raiffeisenlandesbank Upper Austria (RLB) purchased a 2.95% share in the South Russian Krayinvestbank in Krasnodar.
March 14, 2011
ÖBB Restructuring: "There is no other Alternative"
Christian Kern, CEO of the Austrian Federal Railways (ÖBB) explains his plans to manage the turnaround in an interview with the magazine "Standard".
March 12, 2011
Österreichische Kontrollbank: "There are no Failures to be Feared"
Despite the unpredictable political and economic consequences of the turmoil in the Arab, OeKB Member of the Board Rudolf Scholten consideres that there will be no failures.
March 12, 2011
Significant Savings Potential by the Administration
Efficiency potential in public expenditure of over € 500 million. Felderer: "Significant savings potential”.
March 11, 2011
Verbund Supervisory Board Appoints Members of the Board
The Austrian energy company appoints Günther Rabensteiner as a new board member. Baumgartner-Gabitzer’s Term renewed.
March 11, 2011
Ruttenstorfer: "OMV Stays in Libya '
Despite unpredictable developments, Austrian OMV stays in Libya. Neither are there any changes planned in other Arab countries.
March 10, 2011
Economic Chamber Demands Redeployment of "Manual Workers Regulation" in Favor of Research
The Austrian Economic Chamber presented a list of demands to the federal government. Critics say it is to no purpose.
March 10, 2011
Leitl Favors EU Financial Transaction Tax
The President of the Austrian Economic Chamber says: "The EU Parliamen has taken an important step towards EU financial transaction tax"
March 10, 2011
Austria's Businesses Satisfied with Government Research Initiative
The strategy of the Federal Government regarding RTI (Research, Technology and Innovation) is an important step for the location Austria, according to the opinion of the Economic Chamber.
March 9, 2011
Austria's Construction Industry Expects Stagnation
In an interview with the newspaper "WirtschaftsBlatt", the CEO of the Porr construction company, Karl-Heinz Strauss, describes his prospects for the local construction industry.
March 8, 2011
Signa Holding Invests More than € 1.00bn
The Austrian real estate holding company conducted by Rene Benko intends to put strong effort into further growth.
March 7, 2011
Magna Europe in Euphoria
The Austrian-Canadian automotive supplier intends to increase car production significantly.
March 6, 2011
Leitl: "Research Support Should Be Pushed Now!"
The President of the Austrian Economic Chamber (WKÖ) speaks in favor of increasing the research bonus.
March 5, 2011
Mitterlehner: Further Expansion of Economic Relations with Colombia
Meeting with Colombia's Vice-President Garzón: New Memorandum of Understanding on economic cooperation is planned.
March 4, 2011
FPÖ Intends to Establish Itself as an Economic Party
In an interview with the "Wirtschaftsblatt", FPÖ chairman Heinz-Christian Strache says that the party wishes to address entrepreneurs more strongly in future.
March 3, 2011
Savings Planned at Vienna International Airport
According to CEO Christoph Herbst, a "two-digit million amount" is to be saved this year.
March 1, 2011
WKÖ: Development Plan for North Africa
Given the dramatic situation in North Africa, Christoph Leitl, President of the Economic Chamber (WKÖ) pleads for a ‘European Marshall Plan'.
March 1, 2011