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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.
Chemical Industry Warns of Investment Stop
Peter Untersperger, CEO of the fiber manufacturer Lenzing and chairman of the Austrian chemcial industry is very critical of the energy efficiency act.
June 22, 2012
Controversy About Nowotny
Ewald Nowotny, the governor Austrian Central Bank (OeNB) argued that the austerity policy in the 1930s caused the rise of the Nazi regime. A wave of indignation emerged.
June 21, 2012
FPÖ Claims Popular Vote on ESM
The biggest Austrian opposition party warns of giving up the sovereignty. Together with the smallest opposition party BZÖ, FPÖ will vote against ESM.
June 21, 2012
Fekter Declines Mercy for Greece
Austria´s Finance Minister Maria Fekter is poised for amending several points oft he Greek austerity program. This is no accomodation, Fekter emphasizes. In the future, the EU should be completely centralized, Fekter says.
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
Heavy Dispute Over ÖIAG
The Austrian Minister of Finance plans to incorporate the publicly held stakes in ÖBB, Asfinag and Verbund into ÖIAG. The coalition partner SPÖ and Reinhold Mitterlehner oppose to this attempt.
June 21, 2012
Frauenthal to Expand Further
The Austrian automotive component supplier wants to raise revenues by € 200m through acquisitions.
June 20, 2012
VIG to Invest in CEE Real Estate
The Vienna Insurance Group intends to invest more in real estate. „Central and Estern Europe is more interesting for us.“ CEO Peter Hagen says.
June 20, 2012
New Supervisory Board at RBI
Raiffeisen Bank International's Annual General Meeting approves unchanged dividend of €1.05 per share. Heinrich Schaller and Günther Reibersdorfer were elected to the Supervisory Board.
June 20, 2012
Liebscher Calls for New Model of Bad Banks
The chairman of Austria´s Fimbag, the state holding of nationalized banks, wants to put aside toxic assets of nationalized banks.
June 18, 2012
„Austria Must Not Become Mediocre“
The Austrian Chamber of Commerce (WKO) and the Federation of Austrian Industries (IV) call for an acceleration of reforms as the Austrian position in competitive rankings deteriorates.
June 18, 2012
Fekter Approves Greek Election Results
The Austrian Minister of Finance Maria Fekter is happy with the „Pro-European „ statement oft he Greeks. Minor adjustments to aid packages would be possible.
June 18, 2012
„Shotdown of Hypo Group Would Cost € 6.0bn“
The management of the nationalized Austrian Hypo Group Alpe Adria asserts that the shutdown would be more expensive than the continuation of the business.
June 15, 2012
Markus Beyrer New Director General of Businesseurope
The Council of Presidents (COPRES) of the leading European business organization unanimously appoints 46 year old Austrian.
June 15, 2012
RZB Wants to Keep Austrian Deposit Protection
Raiffeisen Zentralbank´s CEO Walter Rothensteiner is skeptical of the European deposit protection proposal.
June 15, 2012
Slim Becomes Major Shareholder at Telekom Austria
The Austrian investor Ronny Pecik sells his shares to the Mexican Carlos Slim. The main shareholder ÖIAG welcomes this step.
June 15, 2012
„Nabucco Will Die A Hundred Times“
OMV´s CEO Gerhard Roiss promotes the new „Nabucco West“ project and underlines the high probability of success.
June 14, 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
Beyrer Leaves ÖIAG
The chairman of the Austrian industrial holding resigns and will switch to Brussels.
June 14, 2012
Orban Defends Hungarian Economic Policy
The Hungarian Prime Minister Viktor Orban met Austrian policymakers in Vienna. The Hungarian bank tax should be replaced by a financial transaction tax.
June 13, 2012
Monti Angry at Fekter
Italy´s Prime Minister Mario Monti is unhappy with the statement of Austria´s Finance Minister Maria Fekter on Italy. Fekter considered that Italy may need help by the EU.
June 12, 2012
New Top Executive at Telekom Austria
Roland Haidner takes over as Director of Telekom Austria´s M&A Department.
June 11, 2012
Albrecht: „Common Collective Agreement in 2012“
The CEO of Austrian Airlines is optimistic to achieve unified collective agreement for the whole workforce. Costs for the transfer of undertakings are expected to reach up to € 90m.
June 9, 2012
Fischer Has Understanding for Bank Tax in Slovakia
Slovakia wants to introduce bank taxes. Austria´s Federal President Heinz Fischer, who met his Slovakian counterpart Ivan Gasparovic, does not have objections.
June 9, 2012
Schmidt Retires as CEO of ATB
ATB Austria Antriebstechnik AG Christian Schmidt retires as CEO of the ATB Austria Antriebstechnik and joins the Supervisory Board of the Company Vienna, June 8, 2012.
June 8, 2012
„Bank Union is Still Far Away“
Ewald Nowotny, Governor of Austria´s Central Bank, thinks that a bank union in the Eurozone would still take some time. Erste Group´s CEO Andreas Treichl approves the idea.
June 6, 2012
Slim to Enter Telekom Austria
The world´s richest man, the Mexican investor Carlos Slim is said to own a 4.0% stake in Telekom Austria and to buy Pecik´s stake for € 9.5 per share.
June 5, 2012
„India and China are not the Problems“
Voestalpine´s CEO Wolfgang Eder thinks that competitors from Turkey, Russia and Ukraine may become problematic for the European steel industry.
June 5, 2012
Trade Unions Wants „Just Taxation“
The Austrian Trade Unions warn of a strict austerity policy and pushes for growth stimulating measures.
June 2, 2012
Government Battles for OeNB´s Reorder
The reorder of the supervisory board and the management board at the Austrian Central Bank( OeNB) was brought forward. Now, a dispute between the coalition parties arose.
June 2, 2012
Pecik Finds New Partner
The Austrian investor and second-largest shareholder of Telekom Austria is said to cooperate with a Russian billionaire.
June 1, 2012
Zumtobel Expects Difficult Financial Year
Harald Sommerer, CEO oft he Austrian lighting company Zumtobel awaits a difficult financial year 2012/13.
June 1, 2012
Treichl: „Spain Needs Help“
The CEO of theAustrian Erste Group Andreas Treichl is in doubt whether Spain may conquer the crisis without help. Regarding Greece, Europe has to pay anyway, Treichl thinks.
June 1, 2012
Androsch Criticizes Hypo Group Purchase
In 2009, the Austrian state nationalized the financially stricken Hypo Group. Much time was wasted, the industrialist and Fimbag board member Hannes Androsch thinks.
May 30, 2012
New Supervisory Board at Uniqa
New Supervisory Board Chairman of the Austrian insurance group is RZB´s CEO Walter Rothensteiner, who succeeds Christian Konrad.
May 30, 2012
Hypo Group: Further State Aids not Excluded
Johannes Ditz, chairman of the nationalized Hypo Group Alpe Adria, wants to sell about a third of the interests until 2014. In the end, losses are likely.
May 30, 2012
Nowotny: „Keeping Greece in Eurozone Has Highest Priority“
The Governor of the Austrian Central Bank (OeNB), Ewald Nowotny thinks that ECB does not plan a new bond purchase program.
May 29, 2012
Switzerland: Resistance Against Tax Deal with Austria
Swiss parties are against the tax agreement with Austria. The social democrats and the Swiss People´s Party oppose the plan.
May 29, 2012
VIG: Hagen Succeeds Geyer
Peter Hagen will succeed Günter Geyer as CEO of Vienna Insurance Group with effect from 1 June. “Management continuity puts the Group on a stable basis” the company says.
May 29, 2012
AUA: Last Chance
The loss-making Austrian Airlines has only little time left to achieve the turnaround. Lufthansa´s patience is wearing thin.
May 26, 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
ÖIAG Cuts Dividends
The publicly held industrial holding ÖIAG pays dividends of € 155m to the Austrian state. This is a decline by 18.4%.
May 26, 2012
Fekter: “Strengthen Partnership with Eastern Neighbours”
Austria´s Finance Minister Maria Fekter emphasizes the necessity of a closer political and economic integration needed with partners in the East.
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
Greece and Eurobonds Divide Austria
The Greek exit and the introduction of Eurobonds are discussed heatedly. In Austria, there is no clear tendency.
May 25, 2012
Sawiris Threatens ÖIAG with Slim
The new shareholder at Telekom Austria Naguib Sawiris announced to sell his stake to the Mexican investor Carlos Slim if the industrial holding ÖIAG does not act cooperatively.
May 24, 2012
Pecik Becomes Member of Telekom Austria´s Supervisory Board
The Austrian investor, who holds a 21.5% stake in Telekom Austria together with his partner Naguib Sawiris, was elected as new supervisory board member. Sawiris was no candidate.
May 23, 2012
Nowotny: „Austria is Safe“
The governor of Austria´s Central Bank (OeNB) Ewald Nowotny asserts that the economic stability in Austria is substantially better than in other regions of the Eurozone.
May 23, 2012
RZB Capital Increase Completed
Raiffeisen Zentralbank´s shareholders subscribe core tier 1capital in the amount of roughly € 852m. The EBA capital requirements is already exceeded as a result.
May 23, 2012
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