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Goals of Austria's OSCE Chairmanship 2017

Germany will chair the OSCE until the end of December and will then hand over to Austria in 2017. Austria will promote greater security and stability as well as the preservation of common values within the OSCE region.

August 31, 2016

Austria Takes Over OSCE Chairmanship: "Need for Decisive Action!"

In his first address to the OSCE Permanent Council as incoming OSCE Chairperson-in-Office, Austria’s Minister of Foreign Affairs Sebastian Kurz said that the fight against radicalization will be the main priority of Austria’s 2017 OSCE chairmanship. In first address to OSCE Permanent Council, incoming Chairperson-in-Office Austria’s Foreign Minister Kurz, stresses

July 14, 2016

Best Gaming Technology Acquired by Rival Playtech

Vienna-based maker of software for self-service betting terminals Best Gaming Technology (BGT) has been acquired by UK gambling software group Playtech for €138m. Playtech holds the option to purchase the remaining shares for up to €55m from Armin Sageder, the company’s founder and chief executive.

July 14, 2016

Christine Muttonen Elected President of the OSCE Parliamentary Assembly

OSCE Chairperson-in-Office and Germany’s Foreign Minister Frank-Walter Steinmeier and OSCE Secretary General Lamberto Zannier today congratulated Christine Muttonen on her election as President of the OSCE Parliamentary Assembly.

July 6, 2016

Presidential Poll Result Overturned by Austrian Constitutional Court

Austria's highest court has annulled the result of the presidential election narrowly lost by the candidate of the far-right Freedom Party Norbert Hofer.

July 1, 2016

Austrian Business Meets Foreign Diplomacy

In the context of the ‘Business meets Diplomacy’ series of events, representatives of the Austrian economy meet members of the foreign diplomatic corps for an exchange of views on Austrian business and the economy.

June 20, 2016

Central European Initiative Discusses Refugee Crisis in Banja Luka

Foreign Ministers of the 18 member states of the Central European Initiative (CEI) met in Bosnia Herzegovina, which holds the initiative’s annual rotating Chairmanship this year. Discussions mainly focused on the refugee crisis and potential solutions.

June 20, 2016

Symposium in Vienna: "Current Security Challenges for Europe: NATO, its Partners and the Warsaw Summit"

The upcoming summit of the North Atlantic Treaty Organization (NATO) in Warsaw from 8th to 9th July 2016 sees the organization facing numerous challenges. The withdrawal of combat troops from Afghanistan and rising tensions in the European area – from the conflict in Ukraine to the migration crisis, effected the question of the role of NATO’s Partnership for Peace under the new circumstances. A conference in Vienna with the working title "Current Security Challenges for Europe: NATO, its Partners and the Warsaw Summit" intends to discuss these and other pertinent issues.

June 16, 2016

VSE and CEESEG: Heimo Scheuch to Serve as New Chairman of the Supervisory Board

Changes in the supervisory board of Wiener Börse AG and CEESEG AG have taken place and a new executive committee was elected. Heimo Scheuch, CEO of Wienerberger AG, will serve as Chairman of the Supervisory Board. Angelika Sommer-Hemetsberger, member of the Management Board of Oesterreichische Kontrollbank AG, was elected Vice-Chairwoman of the Supervisory Board.

June 15, 2016

Mogherini Visits Vienna to Discusses Migration and Nuclear Disarmament Issues with Kurz

EU High Representative Federica Mogherini met with Sebastian Kurz in the margins of the CTBT Ministerial in Vienna on 13 June. Mogherini und Kurz stressed their support for the entry into force of the CTBT and the importance of nuclear disarmament and non-proliferation.

June 13, 2016

Austria’s Business Community Welcomes Van der Bellen

Austria’s economic chamber head Christoph Leitl congratulated Alexander van der Bellen on the latter’s election victory. Leitl stressed Austria’s business sector was ready to cooperate. Also Industrialists Association (Industriellenvereinigung) head Georg Kapsch cheered on the new President, adding that the industrial sector wished the new President good luck.

May 24, 2016

Austrian Presidential Candidate Hofer Admits Defeat

Austria's presidential candidate Norbert Hofer admitted his defeat in the election via his Facebook site.

May 23, 2016

Final Results of Austria Presidential Election - Alexander van der Bellen Becomes New President

700,000 votes from polling stations have now been counted. Alexander Van der Bellen has won ahead of his rival Norbert Hofer by 50.3 to 49.7 percent. Thus Alexander van der Bellen, who has the support of the Greens, will become the first Green President of the Republic of Austria.

May 23, 2016 · Updated: May 23, 2016; 16:55

Chancellor Faymann Resigns

Werner Faymann has been Chancellor of Austria and chairman of the Social Democratic Party of Austria (SPÖ) since 2008. Today he announced that he will retire from all of his posts in the coming days. He resigned arguing that the reason is the loss of the support of his own party in the wake of last month's presidential elections.

May 9, 2016

OSCE Representative Dunja Mijatović Awarded Concordia Prize for Press Freedom

The OSCE Representative on Freedom of the Media Dunja Mijatović was awarded the Concordia Press Club Prize 2015 in the category of press freedom and freedom of information. The Concordia Press Club decided to award Mijatović the prize given her personal dedication to press freedom issues in 2015.

May 2, 2016

Ban Ki-moon's Visit to Vienna to Highlights Austria's Seat of a Total of 37 International Organisations

In the context of his visit to Vienna UN Secretary-General Ban Ki-Moon met Foreign Minister Sebastian Kurz for a working discussion at the Foreign Ministry. Talks focused on the challenges Austria and Europe are currently facing, especially in connection with the refugee crisis and the fight against radicalization and terrorism. A further topic addressed was the important role played by Austria as the seat and headquarters of a total of 37 international organisations.

April 29, 2016

Ursula von der Leyen to Visit Vienna to Discuss Defence Issues

As part of an official visit to Vienna, Ursula von der Leyen, Minister of Defence of Germany, which currently holds the OSCE Chairmanship, will meet OSCE Secretary General Lamberto Zannier. During their meeting, von der Leyen and Zannier will discuss the role of the OSCE focusing in particular on the crisis in and around Ukraine. They will also explore possibilities to strengthen the OSCE and its capabilities.

April 29, 2016

Minister of Justice Brandstetter Headed an Austrian Delegation to the U.S.

The Austrian Embassy in Washington D.C. reports that Minister of Justice Wolfgang Brandstetter headed an Austrian delegation to the U.S. from January 28 to February 3, 2016. His visit included meetings with U.S. Attorney General Loretta Lynch, members of Congress, Facebook officials, as well as a tour of the Los Angeles County Jail.

March 4, 2016

Discuss with Jeffrey Sachs Migration and Global Inequalities

Professor of economics Jeffrey D. Sachs will visit Austria on March 10th to give a lecture on migration and global inequalities. The lecture will take place at Vienna's Institute for Human Sciences.

March 2, 2016

Ex-Magna Boss Buys Former Employer's Headquarters in Oberwaltersdorf

The Styrian Car Manager of Oleg Deripaska's Russian Machines Company and former Magna CEO Siegfried Wolf has bought the former Magna headquarters in Oberwaltersdorf.

March 2, 2016

Greece Recalls Ambassador to Vienna in Row over Worsening Migrant Issue

By decision of Foreign Minister Nikos Kotzias, Greece’s Ambassador to Vienna, H. E. Mrs. Chryssoula Aliferi, is being called to Athens for consultations aimed at "safeguarding the relations" between the states and peoples of Greece and Austria.

February 25, 2016

Iran Appoints Ebadollah Molaie as New Ambassador to Austria

Ebadollah Molaie has been appointed as Iran’s new ambassador to Austria, the Iranian Foreign Ministry said recently.

February 19, 2016

UK Appoints New Ambassador to Austria and the United Nations in Vienna

Mr. Leigh Turner CMG has been appointed Her Majesty's Ambassador to the Republic of Austria and UK Permanent Representative to the United Nations in Vienna. Mr. Turner currently serves as British Consul-General in Istanbul. After joining the Foreign and Commonwealth Office from 1984 to 1987 he already has had a posting in Austria before Turkey. The new ambassador to the Republic of Austria will take up his post in August 2016.

February 18, 2016

State Visits from Azerbaijan and Turkmenistan in Context of Austria's OSCE Chairmanship in 2017

Michael Linhart met Deputy Prime Minister and Foreign Minister of Turkmenistan Rashid Meredov and Deputy Foreign Minister of Azerbaijan Araz Azimov in Vienna. “Azerbaijan and Turkmenistan are important partners for Austria in the context of its OSCE Chairmanship in 2017”

February 12, 2016

Austrian Ambassador to the United States Wolfgang Waldner Presented his Credentials to President Obama

Ambassador Wolfgang Waldner presented his credentials to President Barack Obama on Thursday January 28, 2016. "I am looking forward to my upcoming tasks, especially to be part of the successful bilateral relationship our two countries share. It will be my honor to further strengthen the political, economic, and cultural bonds between the United States and Austria over the course of the next four years." Waldner said at the White House.

February 12, 2016

Richard Lugner to Run for Austrian President

The 83-year-old construction entrepreneur, millionaire and society figure Richard 'Mortar' Lugner says he is running for president of Austria. He wants to hold the highest office along with his 26-year-old German woman Cathy, a former Playboy Bunny at the Playboy Club in Cologne. For an official nomination Lugner should see about 6,000 signatures to collect.

February 10, 2016

Czechs Jirí Šmejc and Karel Komárek Want to Take Control of Casinos Austria

The Czech consortium Austrian Gaming Holding (AGH) of billionaires Jirí Šmejc and Karel Komárek, headquartered in Prague may soon be new majority owner of Casinos Austria AG. According to the Federal Competition Authority (BWB), Austrian Gaming Holding intends to increase one hand its stake in Medial to 88.89 percent and on the other hand to acquire 16.79 percent of Casinos Austria AG shares. Through these acquisitions, AGH will hold directly or indirectly 50.82 percent of the shares and thus acquire sole control of the CASAG.

January 21, 2016

Robert Zadrazil Takes Over the Helm of Bank Austria from Willibald Cernko

After having been board member of Bank Austria for ten years, Robert Zadrazil (45) will now step it up and replace Willibald Cernko (59) who will step down as of 1 March 2016. The bank speaks of a generation change.

January 18, 2016

Germany's Steinmeier Formally Assumes 2016 OSCE Chairmanship

OSCE to serve as a platform for real and honest dialogue on today’s security challenges, says Steinmeier, as Germany formally assumes 2016 OSCE Chairmanship.

January 15, 2016

Austrian-Russian Friendship Society to Appoint Richard Schenz as New President

Dr. Richard Schenz has recently been appointed as new President of the Austrian-Russian Friendship Society (ORFG - Österreichisch-Russische Freundschaftsgesellschaft). He succeeds CEO Ludwig Scharinger who left office for health reasons. KR Sen.hc Richard Schenz is a Vice President of the Austrian Chamber of Commerce (WKO). He was formerly CEO of OMV and Capital Markets Advisor to the Austrian Minister of Finance.

December 22, 2015

Austria's Ambassador to the U.S. Hans Peter Manz Bids Farewell

Ambassador to the U.S. Dr. Hans Peter Manz will leave Washington and return to Vienna upon completion of his four year mission. Hans Peter Manz has served as Austria’s ambassador to the United States in Washington, D.C., from December 2011 to December 2015. Before moving to the U.S., Dr. Manz was the Austrian Ambassador to Switzerland. During his diplomatic career, Dr. Manz served in a variety of positions, including inter alia, foreign policy advisor to the Chancellor of Austria. His overseas postings included Tehran, Bern and New York. Ambassador Manz will be succeeded by Ambassador Wolfgang Waldner.

December 18, 2015

VSE: US Interest Rate Decision Likely to Increase Appeal of Austrian Stocks

The Vienna Stock Exchange can look back at a year of solid developments on the stock market in 2015. The uptrend in equity trading volumes has now been sustained for more than two years: trading volumes were up by 24.3%; the ATX gained 11.20%, and innovations in bond trading were the highlights of the year. Market capitalization on the Vienna Stock Exchange reached EUR 86.28 billion in December 2015. This was a gain of 7.86% over the year-end figure of 2014.

December 18, 2015

Austrian Ministry of Foreign Affairs: Council of Ministers Places 27 New Diplomats at Head of Embassies

The Council of Ministers of the Austrian Ministry of Foreign Affairs has decided to place 27 new Austrian diplomats at head of Austrian Embassies worldwide.

December 10, 2015

Californian Woman Can Not Take Austrian Railways to Court in the US

Supreme Court says, Carol Sachs who was heavily injured in Innsbruck can’t sue in the US. Her lawsuit against the Austrian national railroad ÖBB for injuries that she suffered while attempting to board a train in Austria does not fall within the “commercial activity” exception to the Foreign Sovereign Immunities Act, and is therefore barred by the doctrine of sovereign immunity. The American wanted USD 20 million compensation from ÖBB.

December 2, 2015

VIG: Elisabeth Stadler to Replace Peter Hagen as CEO

Due to differences in opinion regarding the future strategic orientation and steering of the Group, Peter Hagen will be leaving his position as Chairman of the Managing Board of the Vienna Insurance Group on 31 December 2015. Elisabeth Stadler will become his successor.

December 2, 2015

Attacks on Journalists are Attacks Against Freedom of Opinion and Democracy

The UN-General Assembly adopts a resolution on the safety of journalists co-sponsored by Austria. Minister for Foreign Affairs, Sebastian Kurz declared on the occasion of the adoption of the Resolution on “The Safety of Journalists” by the 3rd Committee of the UN-General Assembly, the International Day to End Impunity: “Attacks against journalists silence important voices in society and thus impede the freedom of opinion."

November 26, 2015

Iranian Foreign Minister to Participate in Syria Conference in Vienna

Iranian Foreign Minister Mohammad Javad Zarif will attend the conference on Syria in Vienna on Friday. This has been confirmed today by the Foreign Ministry in Tehran, according to the official news agency ISNA. Iran will meet in Vienna not only to Russia and the USA, but also to its nemesis Saudi Arabia.

October 28, 2015

Meinl Bank: Stephen Coleman to Become New CEO

Stephen Coleman will replace Günter Weiss, who must vacate his seat due to a ruling from the Austrian Financial Market Authority (FMA).

October 23, 2015

Spindelegger Becomes Director General of Migration Organization ICMPD

Former Austrian Vice-Chancellor and Minister Michael Spindelegger has been elected Director Genera of the Vienna-based International Centre for Migration Policy Development (ICMPD). 15 Member States of the Organization elected him for five years, ICMPD announced. Most recently, he was president of the Agency for the Modernization of Ukraine of the Ukrainian oligarchs Dimitri Firtash.

October 1, 2015

Erste Group Extends Andreas Treichl’s CEO Mandate to 2020

The Supervisory Board of Erste Group Bank AG extended Andreas Treichl’s mandate as Chairman of the Management Board until mid-2020.

September 17, 2015

BDO Austria Expands Consulting Expertise

Ten partners together with their teams have switched from a renowned Austrian competitor to BDO Austria. Thanks to this switch, BDO Austria is able to expand its consulting expertise in the areas of SMEs and family business.

September 10, 2015

Austrian President Fischer is First European Head of State to Visit Iran

Austrian President Heinz Fischer is the first European head of state to visit Iran following the successful conclusion of nuclear talks between the Islamic Republic and the P5+1.

September 7, 2015

Austria Opens New Honorary Consulate in Wrocław/Breslau

The population of Wrocław is 633,802, making it the fourth largest city in Poland. Grzegorz Schetyna, the Polish Minister of Foreign Affairs opened the new Austrian honorary consulate in Wrocław (Breslau) together with Thomas M. Buchsbaum, the Austrian ambassador in Poland.

August 31, 2015

Telekom Austria Appoints Alejandro Plater as CEO

Telekom Austria announces that its Supervisory Board has allocated the Chief Executive Officer responsibilities to Alejandro Plater (47) as proposed by the two majority shareholders América Móvil and Österreichische Bundes- und Industriebeteiligungen GmbH (ÖBIB). This appointment will be effective as of 1 August 2015.

July 24, 2015

Niki Lauda Acquires Stakes in Benko's Real Estate Firms

The private foundation of former Formula 1 driver Niki Lauda will acquire 1% of Signa Prime and a 10% stake in Signa Retail.

July 17, 2015

Vienna Airport Supervisory Board Extends Management Contracts Until 2021

Listed Vienna airport operator reappoints Julian Jäger and Günther Ofner to the Management Board of Flughafen Wien AG.

June 23, 2015

Mostboeck: "ATX Valuations Remain Attractive - Catch-Up Potential until Year-End"

The majority of companies in the ATX had to report significant earnings revisions in 2014. In addition, geopolitical risks in the context of the Russia/Ukraine conflict exerted a negative effect. “The significantly improved environment and the digestion of last year's one-off effects are creating notable catch-up potential for the ATX”, notes Fritz Mostböck, Head of Group Research at Erste Group.

June 23, 2015

Ambassador Martin Sajdik Becomes New OSCE Special Representative in Ukraine

The OSCE Chairperson-in-Office and Serbia’s Foreign Minister Ivica Dačić today appointed Ambassador Martin Sajdik (Austria) as his new Special Representative in Ukraine and in the Trilateral Contact Group. He follows Ambassador Heidi Tagliavini (Switzerland) who, having fulfilled this assignment for one year, expressed her wish to step down.

June 23, 2015

Vodafone Germany Hires Ex-Telekom Austria CEO Ametsreiter

Ex-Telekom Austria CEO Hannes Ametsreiter, who terminated his contract 4 days ago, will take up the position of CEO of Vodafone Germany as of October 1, 2015.

June 19, 2015

Telekom Austria CEO Hannes Ametsreiter Resigns per 31 July 2015

Telekom Austria announced that its CEO Hannes Ametsreiter has prematurely terminated his contract. Rumor has it, that majority shareholder America Movil influenced the decision.

June 15, 2015