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Vienna International Luxury Goods Guide
Diplomats in Austria: How Does the Tax Exempt Purchase of Motor Vehicles Work?
New rules for the tax-exempt purchase of a motor vehicle from an Austrian car dealership concern the direct exemption from VAT and the normal consumption tax, which contributes to speeding up the tax relief.
July 9, 2019
Billionaire Heidi Horten to Become Museum Founder
The billionaire, patron and art collector Heidi Goëss-Horten has acquired a palace for the permanent presentation of her Heidi Horten Collection in downtown Vienna, right next to the State Opera and Albertina. Agnes Husslein-Arco is intended as director. The museum in the Hanuschhof is scheduled to open in early 2022.
July 5, 2019 · Updated: July 5, 2019; 15:17
Palais Esterházy: Oldest Building on Vienna's Kärntner Strasse Restored
Casino Wien, a subsidiary of CASAG Casinos Austria AG, is investing in the preservation of the venerable Palais Esterházy at Wiener Kärntner Straße 41. The heritage-protected facade will be restorated from summer 2019.
April 6, 2019
Welcome Expats - Vienna Remains the Most Livable City in the World
In 2019 Vienna was again rated by the international consulting agency Mercer as the city with the highest quality of life worldwide. In the special evaluation on the subject of personal security, however, Vienna was only ranked 6th.
March 14, 2019
"Alles Oper!" at the Vienna Opera Ball 2019
Every year, the Vienna Opera Ball (Wiener Opernball) at the Vienna State Opera is one of the social highlights of the ball season during the Vienna Carnival. With more than 5000 attendees, the ball is one of Austria's largest meeting places for creative artists, entrepreneurs and politicians from Austria and abroad. 144 couples from Austria and beyond will open the ball this year. The evening, often referred to as the "highlight of the ball season", will take place this year on Thursday, 28 February 2019 for the 63rd time after the Second World War.
February 15, 2019
First BMW Z4 'Made in Austria' Has just Rolled off the Production Line
The new BMW Z4 has been rolling off Magna Steyr's production line for a few days now. The sporty roadster is produced exclusively in Austria for the entire world market. The BMW Z4 is - besides the BMW 5 Series - already the second BMW car that is currently produced in Austria. This emphasizes and strengthens the BMW Group's commitment to Austria as a business location.
November 22, 2018
The First-Ever BMW X7 - A New Dimension in Spaciousness
The first-ever BMW X7 has been revealed and we have all the information you need to know about the company’s flagship Sports Activity Vehicle (SAV). Keep reading for the car’s full price, specs and release date.
October 25, 2018 · Sponsored Content
Contemporary Artists from Vienna - Memories of the City where I Lived
Many Viennese Artists are intensively engaged with the city of Vienna, its history and society. Between humorous processing of clichés and critical examination of society, they have found many interesting ways to portray their typical Vienna.
October 17, 2018 · Sponsored Content
Expats in Austria: "You will never be able to make local friends"
We would like to share with you some of the findings of the Expat Network InterNations on the well-being of expats in Austria. Although these differ in some respects considerably from other annual reports, they also contain survey results which are a common thread in most studies. These include the fact that the quality of life is perceived as very high, but on the other hand intercultural communication and establishing friendships is perceived as very difficult.
September 20, 2018
Most Expensive Sparkling Wine Bottle in the World Made in Vienna
A Schlumberger cuvée vintage 2007 with 6.600 Swarovski crystals and 26 hours manual work production time was sold for a record price of 10.000 Euro at the "Licht ins Dunkel" charity gala for a good cause.
March 26, 2018 · Sponsored Content
Vienna Forever the Most Livable of All Cities?
For the ninth time in a row, Vienna has been ranked number 1 worldwide in the Mercer Quality of Living ranking. Vienna owes this to the generous and liberal spending policy of the city government of recent decades. In view of the expected budget cuts, it remains to be seen whether Vienna will be able to maintain this leading position in the future.
March 20, 2018
The New BMW X4 - The Dream of Every Diplomat
At the 2018 Geneva Motor Show, which is currently taking place in Geneva, BMW presents the new BMW G02 X4, among others.
March 7, 2018 · Sponsored Content
Mainland Chinese Billionaire Guo Guangchang to Take Over Austrian Asset Wolford AG
Shanghai based Fosun Group through its Hong Kong (Central) vehicle Fosun Industrial Holdings Limited (Fosun) has taken over control of one of Austria's last remaining lingerie assets. According to Wolford, its new strategic core shareholder has agreed to pay at least €36M for a 50.87% majority stake in Wolford AG. Wolford has been struggling with management problems for some time. It also has been loss making for several years. Fosun Industrial Holdings Limited, a subsidiary of Fosun International Limited (British Virgin Islands) is an investment holding company with interests in asset management and entertainment services. Fosun wants full control of the lingerie maker. Upon the closing of the share purchase agreement Fosun intends to launch a takeover offer to the remaining shareholders. Fosun was co-founded in 1992 by Fudan graduate Guo Guangchang who meanwhile became the 34th richest person in China with a net worth of €7 billion.
March 3, 2018
The Collection of a Billionaire - Heidi Horten Impresses with her Art Collection - WOW!
Heidi Goëss-Horten, a billionaire and with an estimated total net wealth of more than € 3.0 billion the fourth-richest person in Austria, presents a selection of her private art collection. With the exhibition "WOW! The Heidi Horten Collection" one of the most worthwhile art collections in Europe will be presented to the public for the first time. Curated by Agnes Husslein-Arco, the exhibition features 170 exhibits by 75 artists. To get a taste, take a look at our picture gallery!
February 21, 2018
Jaguar Land Rover Signs Deal to Manufacture Cars in Austria
Tata Motors-owned luxury carmaker Jaguar Land Rover (JLR) said it has signed a contract manufacturing agreement with Austrian automotive firm Magna Steyr in another step to enhance its worldwide production line and build global footprint.
July 29, 2015
Hyundai and Opel Motor Vehicles Top the List of Newly Registered Passenger Cars
A total of 26,945 registrations of new motor vehicles in Austria was observed in October 2014, by 0.8% more compared to October 2013.
November 11, 2014
Vienna: Luxury Real Estate Segment Booms
In contrast to the general trend in Austria, the properties in Vienna become more and more expensive. About 25% of the apartments cost more than € 500,000.
April 15, 2014
Austria: Prices for Luxury Real Estates Soaring
The prices for luxury real estates in Austria continue to increase.
March 10, 2014
Austria: Mitterlehner Still Optimistic For Automotive Industry
The massive decline of 23 % in the motor vehicle trade in the first ten days of March 2013 does apparently not concern Austria’s economy minister Reinhold Mitterlehner.
March 15, 2013
Austrian Automotive Industry in NAFTA Markets
Austrian companies from the automotive sector present themsevels in Detroit on October 25th.
July 2, 2012
Magna to Develop Luxury Cars in Styria
The Japanese Infiniti lets Magna develop and construct its smallest model in Austria.
December 10, 2011
Rising Number of One-Day Registrations of Cars
One-day registrations of passenger cars in the first quarter 2011: +5.6%; 5.1% of the new passenger cars were deregistered within 24 hours
April 22, 2011
Registration of new passenger cars increased by 7.8%
New vehicle registrations in Austria in first quarter 2011: +15.4%; passenger cars +15.7%, almost one-third more lorries.
April 11, 2011
6.1 Million Cars in Austria
Stock 2010: over 6 million motor vehicles for the first time; Austrians own 4.4 million passenger cars.
March 29, 2011
Vienna is Among the Cities with the Greatest Purchasing Power in Europe
Austria comes out relatively well in a study on the purchasing power of Europe The capital leads the Austrian comparison.
February 25, 2011
Registration numbers of new passenger cars are up
Provisional number of new passenger car registrations in August 2010: +10.4%.
September 1, 2010
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