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Vienna International Community - People in the News - Latest Headlines
Read updated news about key players in Vienna's international community, such as expats, executives, politicians, diplomats, investors, artists and others.
Magnus Brunner Pleads for Schengen Accession of Bulgaria and Romania
In a published document, the designated EU Commissioner for Migration, Magnus Brunner, has spoken out clearly in favor of Bulgaria and Romania's full admission to the Schengen area. Brunner emphasized that both countries meet all the necessary conditions for accession and called for the EU Council to abolish the remaining border controls.
October 24, 2024
Insolvency of Viennese Real Estate Developer Lukas Neugebauer and his LNR Group
Another Austrian real estate company has been hit by insolvency. Bankruptcy proceedings have now been opened at the Vienna Commercial Court over the assets of Viennese real estate developer Lukas Neugebauer and his LNR Group. The bankruptcy affects both B&R Generalunternehmer GmbH and LNR Development GmbH, two central companies in Neugebauer's real estate conglomerate. The insolvency affects 32 creditors who have claims totaling 94 million euros. The creditors have until December 30, 2024, to assert their claims.
October 23, 2024
Austria's State Security: Increasing Threat of Terrorism in Europe Since the Hamas Attack
In the last twelve months, the threat of planned terrorist attacks in Europe has increased significantly. The Directorate of State Security and Intelligence (DSN) reported a fivefold increase in the number of detected attack plans since 7 October 2023, when the Islamist terrorist organization Hamas launched a large-scale attack on Israel. This development underlines the increasing security threat in Europe, particularly concerning geopolitical tensions.
October 23, 2024
Discussion on the Sobieski Monument in Vienna Continues
The discussion about a monument to King Jan III Sobieski in Vienna has picked up speed again. Since 2013, there have been calls for a monument to be erected on the Kahlenberg to the Polish king, who played a key role in saving Vienna from the Ottoman siege in 1683. Despite the failure of these efforts to date, in September 2024 the Polish embassy once again appealed to the relevant authorities to pay due tribute to this important chapter in European history.
October 21, 2024
Record Number of Company Bankruptcies in Vienna Burdens Economy and Labor Market
In Vienna, more than 1,100 companies filed for insolvency between January and September 2024, with the real estate sector particularly hard hit. This development contributes to rising unemployment, which has increased by 8.8% compared to the previous year. Experts blame the rise in the poor global economic situation, high inflation, and increased energy and rental costs. The increase is particularly worrying for retail and service companies, as shown by the example of Pepco, which has affected over 600 employees.
October 21, 2024
Austria Strengthens Partnership With Yad Vashem in the Fight Against Anti-Semitism
Dani Dayan, Chairman of the Jerusalem Holocaust Memorial Yad Vashem, visited Vienna to strengthen the close partnership between Israel and Austria. Dayan met with both Federal President Alexander Van der Bellen and Federal Chancellor Karl Nehammer. Both emphasized the importance of continued cooperation in the fight against anti-Semitism and in preserving the memory of the Shoah.
October 20, 2024
FPÖ Election Victory Causes Unease in Western Intelligence Agencies
The FPÖ's election victory in Austria is causing concern among Western intelligence services. Experts fear restrictions in international cooperation due to previous security gaps in the Austrian Office for the Protection of the Constitution and the FPÖ's proximity to Russia. In particular, the exchange of sensitive information could be affected if the FPÖ is in government.
October 17, 2024
Austrian Defence Minister Tanner and European Consensus on Continuation of UNIFIL Mission in Lebanon
The UNIFIL mission in Lebanon, which has been in operation since 1978, is to continue despite increasing attacks. The European troop contributors reaffirm their support to ensure stability and humanitarian aid.
October 16, 2024
Austrian Financial Market Authority Orders Forced Closure of Euram Bank
The Financial Market Authority (FMA) has withdrawn the business license of European American Investment Bank AG (Euram) in Vienna with immediate effect. This follows an extraordinary general meeting at which the bank failed to present a plausible plan for an orderly self-resolution. The bank should have either decided on a capital increase of 25 million euros or presented a credible liquidation strategy.
October 16, 2024
Stalemate after National Council Elections: Van der Bellen Calls for Revived Talks
Following the national elections in Austria, the country finds itself in a political impasse. President Alexander Van der Bellen declared in a speech that he would not give any party the task of forming a government at present due to the stalemate that has arisen. The FPÖ, which emerged from the election as the strongest force with 28.8%, is currently unable to find a coalition partner, as both the ÖVP and the other parties (SPÖ, NEOS, and Greens) refuse to cooperate with FPÖ leader Herbert Kickl.
October 15, 2024
Austria Excludes Solo Withdrawal from UNIFIL Mission in Lebanon
The escalation in southern Lebanon poses a significant threat to stability in the region, with UNIFIL continuing to attempt to maintain its security and observation mission despite the ongoing attacks. Austria's Defense Minister Klaudia Tanner has ruled out a withdrawal of Austrian blue helmets in Lebanon on her own.
October 15, 2024
Austrian Airlines Extends Flight Suspension to Tehran and Tel Aviv
Due to the ongoing tensions in the Middle East, Austrian Airlines (AUA) has decided to suspend flights to Tehran and Tel Aviv until at least the end of October.
October 15, 2024
Music Giants Rock the Cineplexx Cinemas: A Trend Excites Austria
Concert films and music biographies bring the biggest stars to the big screen, creating a very special cinematic experience. Among others, Coldplay's “Moon Music” and Whitney Houston's “Durban Concert” celebrated great success. These films not only offer high-resolution picture and sound quality but also allow fans to experience their favorite artists' concerts together without the inconvenience of a live event.
October 15, 2024
Palestine Congress in Vienna Causes Controversy and Criticism
The Palestine Congress, which had already caused a great deal of controversy in the run-up to the event, was moved at short notice from Vienna-Rudolfsheim-Fünfhaus to Favoriten. The event will take place in a hall in Kudlichgasse shortly before the anniversary of the devastating Hamas attack on Israel.
October 5, 2024
Vienna: The Best City Destination in Europe for Americans
Vienna has once again proven that it is undisputed as a world-class travel destination. Readers of the renowned luxury and lifestyle magazine “Condé Nast Traveler” voted the Austrian capital the best European travel destination in this year's “Readers' Choice Awards” 2024.
October 5, 2024
Triumph of the FPÖ: Herbert Kickl in the Contest for the Chancellorship
The Freedom Party of Austria (FPÖ) celebrated a historic victory in the 2024 national elections with 29% of the vote, led by Herbert Kickl. The FPÖ leader, who speaks of an “Orbanization” of Austria, is demanding the chancellorship, but his chances of forming a government remain uncertain. Despite his success, Kickl has met with resistance from potential coalition partners, particularly the ÖVP.
October 2, 2024
Jewish Community in Austria Deeply Concerned about the FPÖ's Election Victory
The disturbing election victory of the right-wing populist FPÖ in the parliamentary elections in Austria has alarmed the Jewish community. Oskar Deutsch, President of the Jewish Community of Vienna (IKG), expressed his deep concern in a statement.
October 2, 2024
Austria at the Decision: National Council Election 2024 and the Political Parties at a Glance
On Sunday, September 29, 2024, Austria will decide on the political direction of the coming years in the National Council elections. In addition to the five established parties ÖVP, SPÖ, FPÖ, Grüne and NEOS, smaller groups such as the KPÖ Plus, the Bierpartei, the Madeleine Petrovic list and the “KEINE” list are also running. The election campaign is characterized by discussions about social justice, migration, security and Austria's role in the European Union.
September 26, 2024
Signa Insolvency: Controversial Loan from the Laura Private Foundation
The insolvency of Signa, under the leadership of René Benko, continues to cause a stir. Particularly controversial is a loan that the Laura Private Foundation, which Benko and his mother back, granted to Signa Holding six weeks before the insolvency filing in November 2023. Trustee in bankruptcy Christof Stapf considers the transaction detrimental to the holding company and seeks to have it set aside by the court and claim damages.
September 26, 2024
Finland Takes Over OSCE Chairmanship in 2025: Focus on Resilience and Support for Ukraine
Finnish Foreign Minister Elina Valtonen outlined Finland's priorities for the OSCE Chairmanship in 2025 to the OSCE Permanent Council in Vienna. Finland's approach is based on three central pillars: resilience, support for Ukraine and upholding OSCE principles that have been violated by Russia's actions. This comes at a time when the European security architecture is under severe pressure.
September 25, 2024
Strengthening Sino-Austrian Relations: Ambassador QI Mei Meets Graz Mayor Elke Kahr
The Chinese Ambassador to Austria, QI Mei, and the Mayor of Graz, Elke Kahr, met at Graz City Hall. This official visit underlines the importance of bilateral relations between China and Austria, particularly at local level and in terms of economic, cultural and tourism cooperation.
September 25, 2024
Austria's Schallenberg and Ukraine's Sybiha with Talks on Solidarity and Peace
Austrian Foreign Minister Alexander Schallenberg and Ukrainian Foreign Minister Andrij Sybiha met in Vienna. This visit marked a key moment in Sybiha's first trip abroad, during which he represented Ukraine in neighboring countries. Having already visited Romania, Sybiha's tour now took him to Austria, where the focus was on support for Ukraine and the international peace process.
September 24, 2024
Global Peace Photo Award 2024: “Dreams of Childhood” Honored as Peace Photo of the Year
The Global Peace Photo Award ceremony took place in the Austrian Parliament. The peace photo of the year 2024, “Dreams of Childhood”, by photographer and multimedia artist Elisa Iannacone from the UK, was honored.
September 24, 2024
European Health Forum Gastein 2024: Health Policy in the Context of Democracy, Demography and Digitalization
The 27th European Health Forum Gastein (EHFG) is one of the most important health policy conferences in Europe. For four days, more than 1200 participants from science, civil society, industry and the public sector will meet to discuss current challenges in the field of health policy. The conference is dedicated to the complex interplay of the “3D” trends: democracy, demography and digitalization.
September 24, 2024
Glock Ecotech Delivers Green Energy to Japan to Promote Sustainability
The Austrian company Glock Ecotech has secured an important project in Japan. As part of a partnership with the Japanese company Eishin Co., Ltd., Glock Ecotech supplies 18 modern Glock CHP 50 thermal power plants to Tokamachi in Niigata Prefecture. This major project will start in the first half of 2025 and marks an important step in Japan's efforts to reduce fossil fuels and become climate-neutral.
September 24, 2024
OPEC Celebrates 64 Years of Shaping the Global Oil Industry
The Organization of the Petroleum Exporting Countries (OPEC) marked a significant milestone this September as it celebrated its 64th anniversary. For more than six decades, OPEC has played a crucial role in stabilizing the global oil market, fostering international cooperation, and championing the sovereignty of oil-producing nations over their natural resources.
September 19, 2024
Magnus Brunner Becomes EU Migration Commissioner: A Challenge for the ÖVP and Europe
From the world of finance to migration – Austria's outgoing Finance Minister Magnus Brunner is taking on one of the toughest jobs in the European Union: EU Commissioner for Migration and Home Affairs. This decision has sparked both surprise and skepticism, especially within Austrian politics and the media.
September 19, 2024
Japan's Rohto Pharmaceutical Invests in Austrian Sigmapharm
In a move to enhance pharmaceutical production in Europe, Japan’s Rohto Pharmaceutical has entered into a strategic partnership with the Austrian Sigmapharm Group. The collaboration aims to expand the production and distribution of ophthalmic drugs and medical products across Europe, with Rohto Pharmaceutical investing nearly €30 million in research, development, production, and sales.
September 18, 2024
Voestalpine in the Midst of an Accounting Scandal and Weak Quarterly Results
Voestalpine AG, one of Europe's leading steel and technology groups, is currently facing a double crisis. In addition to a massive drop in profits in the first quarter of the business year 2024/25, the company is struggling with the consequences of an accounting scandal that spanned more than a decade and only became public in June 2024.
September 18, 2024
Record Rainfalls Caused Flood Disaster in Austria
Over the past few days, Austria has experienced extreme rainfall that has broken numerous rainfall records and led to widespread flooding. The federal states of Lower Austria, Upper Austria, and Vienna were particularly affected, with many weather stations recording several hundred millimeters of rain in just a few days.
September 17, 2024
Subway Lines in Vienna Back in Operation after Flooding - Delays with U6
Following the massive flooding and flood protection measures in Vienna, subway services are slowly returning to normal. From Wednesday morning, September 18, 2024, the U2, U3, and U4 lines will be fully operational again. However, there are still restrictions on the U6, as the line between Längenfeldgasse and Niederhofstraße is impaired due to water ingress.
September 17, 2024
OSCE Economic and Environmental Forum 2024: Focus on Digitalization and Climate Protection
The 31st OSCE Economic and Environmental Forum at the Czernin Palace in Prague focused on the global challenges posed by digital transformation and climate change. Under the theme “Strengthening security and stability in the OSCE area through digital innovation”, the risks and opportunities arising from technological change and climate adaptation were discussed in depth. The forum brought together high-level representatives from governments, international organizations, academia, business, and civil society to debate innovative approaches and policy solutions.
September 17, 2024
IAEA Holds 68th General Assembly in Vienna
The 68th General Assembly of the International Atomic Energy Agency (IAEA) in Vienna has begun, providing an important platform for exchanges between member states on nuclear safety, non-proliferation, and sustainable development. In addition to discussing global issues of nuclear safety and climate change, numerous heads of state and government are taking the opportunity to hold bilateral talks.
September 17, 2024
Austria Opens Embassy in Ghana: Strengthening Relations, Promoting Security and Economic Potential
Austrian Foreign Minister Alexander Schallenberg traveled to the Ghanaian capital Accra to open the new Austrian embassy and deepen bilateral relations between Austria and Ghana. In addition to the opening ceremony, the agenda included meetings with Ghanaian President Nana Akufo-Addo, Foreign Minister Shirley Botchwey, and representatives from both countries' business and cultural sectors.
September 15, 2024
Arab Diplomats Visit Burgenland to Promote Renewable Energies
In a major initiative to strengthen bilateral relations between Austria and the Arab world, the Austro-Arab Chamber of Commerce (AACC) together with Energie Burgenland welcomed a high-ranking delegation of Arab ambassadors and diplomats to Burgenland. The focus of the event was on progress in the field of renewable energies and sustainable development.
September 15, 2024
China Ambassador to Austria Qi Mei in the “Press Salon” of the Austrian Journalists' Club
China's Ambassador Qi Mei was a guest at the “Press Salon” event at the invitation of the Austrian Journalists' Club (ÖJC). In the presence of journalists from well-known media such as “Der Standard” and ORF, Qi Mei took the opportunity to talk about China's current economic and political developments as well as relations with Austria.
September 12, 2024
Gas Extraction in Upper Austria: Opportunities and Challenges for ADX Energy's Test Drillings
The planned natural gas extraction in Upper Austria is causing controversy. While the Australian company ADX Energy sees gas as a contribution to national energy independence, environmentalists warn of the ecological and climate policy consequences of new fossil fuel projects.
September 12, 2024
Vienna Receives Slovakian President: Deepening Relations and Discussion on Sanctions
Slovakian President Peter Pellegrini visited Austria as part of his official inaugural visit. It was his fourth bilateral trip to one of Slovakia's neighboring countries, having previously visited the Czech Republic, Poland and Hungary.
September 11, 2024
Vienna to Become a Center for Financial Technology: AFT 2024 International Conference
Vienna will once again become the international hub for innovative financial technologies in September 2024. From September 23 to 25, 2024, the sixth edition of the Advances in Financial Technologies (AFT) conference will take place at the Austrian National Bank (OeNB).
September 11, 2024
Whistleblower System to Help Clarify the Signa Bankruptcy
The investigation into the insolvency of the Signa real estate empire is progressing. A new whistleblower system is now intended to help bring transparency to complex corporate structures through information from employees and creditors and to reveal previously undiscovered information.
September 11, 2024
Fighting Hunger with Innovation: Kofi Annan Award for Africa
The second presentation of the Kofi Annan Award for Innovation in Africa has now taken place at the Hofburg Palace in Vienna. The award recognizes digital and technological solutions to improve food security and the fight against hunger in Africa. In this edition, the focus was on SDG 2 - “No Hunger”.
September 9, 2024
OSCE Chairman-in-Office Ian Borg Ensures Organizational Continuity During Leadership Transition
In the absence of consensus on the appointment of a new leadership for the Organization for Security and Co-operation in Europe (OSCE), the Chairperson-in-Office, Malta's Minister for Foreign and European Affairs Ian Borg, has taken important steps to ensure the Organization's ability to operate during this transitional period.
September 9, 2024
Closing of the European Forum Alpbach 2024: Europe's Future under the Sign of the “Moment of Truth”
The European Forum Alpbach 2024 came to a successful conclusion with a lively discussion between high-ranking representatives of all Austrian parliamentary parties in front of around 500 participants. The final discussion marked the highlight of a two-week forum that once again served as an important platform for European and international dialog.
September 8, 2024
Azerbaijan's Parliamentary Elections: Lack of Competition and Restricted Fundamental Freedoms Draw International Criticism
On 1 September 2024, early parliamentary elections were held in Azerbaijan, which were sharply criticized by international observers from the OSCE. Despite efficient organization, the election was marked by a lack of political competition and an increasingly repressive political climate, which raised doubts about the democratic legitimacy of the entire process.
September 8, 2024
Technology Talks 2024: Vienna as a New Hotspot for Research and Innovation
On September 12 and 13, the MuseumsQuartier in Vienna will be transformed into a center for the latest developments in research, technology and innovation. The Technology Talks Austria 2024 will bring together over 700 experts from science, business and politics to discuss the challenges and opportunities of the so-called “triple transition” - a transformation that encompasses ecological sustainability, digitalization and social justice.
September 5, 2024
From Foreign Minister to Tiger Ambassador: Karin Kneissl's Unusual Career in Russia
Karin Kneissl, the former Austrian Foreign Minister, has taken on a new and, at first glance, unexpected role in Russia: She has been appointed official ambassador for the protection of the endangered Amur tiger. This extraordinary career move shows how deep her connection to Russia, and in particular to Vladimir Putin, has become. Her relationship with Russia and Putin has been at the center of international attention for years and has attracted both admiration and criticism.
September 5, 2024
Austria's Diplomats Meet Up: Ambassadors' Conference 2024 in Vienna
More than 100 Austrian ambassadors, permanent representatives, and consuls general from all over the world have gathered in Vienna for the Foreign Ministry's annual Ambassadors' Conference. The event, which lasts until September 5, offers diplomats a platform to discuss challenges in foreign policy. The focus is particularly on topics such as security, economic and cultural diplomacy as well as strengthening international dialog.
September 4, 2024
UNOOSA and University of Bonn Renew Partnership to Promote Space-Based Disaster Relief
The United Nations Office for Outer Space Affairs (UNOOSA) and the University of Bonn have extended their partnership to intensify the use of space technology to tackle growing threats from natural and man-made disasters. The five-year agreement signed in Vienna aims to continue and expand the “Spaceborne Earth Observation Applications for Emergency Response and Disaster Risk Reduction” (SPEAR) project with a focus on Africa.
August 29, 2024
CIA Provided Crucial Clues to Attack Plans at Swift Concert in Vienna
The CIA has confirmed that it provided the decisive tip-off to prevent a possible attack on a Taylor Swift concert in Vienna. Information had been received about four people with links to the Islamic State (IS) terrorist militia who were planning an attack.
August 29, 2024
Controversy Over "Mosque Education 2.0": IGGÖ Criticizes the Lack of Recognition for their Reform Efforts
The Islamic Religious Community in Austria (IGGÖ) has expressed strong criticism of the recent public discourse surrounding the "Mosque Education 2.0" initiative announced by the Minister of Integration, Susanne Raab.
August 28, 2024
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