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Vienna International Luxury Goods Guide

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