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Russia in Austria | Russians in Vienna | Bilateral Relations
Austria and Russia - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
Russian Court Decision Complicates Raiffeisen Bank International Planned Sale of Subsidiary Bank
The planned exit of Raiffeisen Bank International AG (RBI) from Russia has suffered a significant setback. A Russian court has issued a temporary injunction blocking the sale of the Russian subsidiary AO Raiffeisenbank. This decision could significantly delay the Austrian bank's efforts to reduce its presence in Russia.
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 Colonel Markus Reisner: Escalation, Strategies and Possible Turning Points in the Ukraine War
The war in Ukraine has reached a new dimension in recent weeks. With intensified Russian airstrikes, fierce fighting in the Donbas, and a risky Ukrainian offensive across the Russian border, the conflict is facing a potential escalation and strategic realignment. Colonel Markus Reisner, one of the Austrian Armed Forces' strategists and military academics, assesses the situation.
August 27, 2024
Ukraine's Kursk Offensive: IAEA Concerned About Kursk Nuclear Power Plant
The situation around the Kursk nuclear power plant in the Russian border region continues to deteriorate as fighting between Ukrainian and Russian forces intensifies in the immediate vicinity. Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), expressed his deep concern about the extremely dangerous situation during his visit to the power plant on Tuesday.
August 27, 2024
Ukraine's Kursk Offensive Assessed by Colonel Markus Reisner: A Risky Strategy with Far-Reaching Consequences
The recent Ukrainian offensive in Kursk, assessed by Colonel Markus Reisner of the Austrian Armed Forces, represents a bold but risky strategy that could have a profound impact on the course of the conflict and the future geopolitical situation.
August 16, 2024
Wirecard Trial: Further Charges Against Former Management Board Members
Four years after Wirecard's spectacular bankruptcy, the Munich public prosecutor's office has brought charges against two further former members of the Management Board. The focus is on the former CFO, Alexander von Knoop, and Susanne Steidl, responsible for product development.
August 7, 2024
Hopeful Peace Deal for Gangs in Gang Violence in Vienna
In recent weeks, Vienna's streets have been rocked by violent clashes between Syrian and Chechen youth gangs. These conflicts, which were initially perceived as ethnic tensions, have thrown the city into turmoil. But now there are signs of a surprising turnaround: Representatives of both communities have published a joint statement aimed at improving cooperation.
August 6, 2024
OMV CEO Stern: Independence from Russian Gas and Solid Business Development
The Austrian oil and gas group OMV has taken a significant step towards energy independence. CEO Alfred Stern declared at a press conference that OMV is no longer dependent on gas supplies from Russia. This announcement marks the end of a two-year strategic realignment aimed at diversifying gas sources and transportation routes.
July 31, 2024
False Accusations Against Federal Police Chief Takacs in Wirecard Case Must Be Revoked by FPÖ
Austrian domestic politics recently experienced a considerable shake-up due to false accusations by the FPÖ, which claimed that Federal Police Director Michael Takacs had met with the fugitive ex-Wirecard manager Jan Marsalek on several occasions. These accusations led to legal action by Takacs, which resulted in a retraction and a cease-and-desist declaration by the FPÖ.
July 21, 2024
Austrian Foreign Minister Schallenberg Opposes Boycott of Hungary's EU Presidency
Austrian Foreign Minister Alexander Schallenberg has firmly opposed a boycott of Hungary's EU Presidency, despite the controversial solo actions of Hungarian Prime Minister Viktor Orbán, who recently traveled to Moscow without an EU mandate. Schallenberg emphasized the importance of maintaining a professional working relationship within the EU.
July 10, 2024
Moscow Announces Enhanced Revision of its Nuclear Doctrine
Russia's nuclear doctrine, particularly concerning its large arsenal of non-strategic nuclear weapons (NSNW), has become one of the most pressing issues in Euro-Atlantic security. Russia is planning to revise its nuclear doctrine, the Russian Foreign Ministry has announced. This decision is of course being made against the backdrop of the ongoing war of aggression against Ukraine and the reactions of the West.
June 18, 2024
OSCE Chairman Ian Borg Reaffirms Peace Efforts at Ukraine Summit in Switzerland
The Ukraine peace summit on the Bürgenstock in Switzerland emphasized the OSCE efforts under the leadership of Ian Borg, while Russia was conspicuous by its absence and strict negotiating conditions.
June 17, 2024
Russia Expels ORF Correspondent Maria Knips-Witting
In a surprising diplomatic escalation, Russia has withdrawn the accreditation of ORF correspondent Maria Knips-Witting and ordered her to leave the country as quickly as possible. This measure was described by the Russian side as a “forced measure” and explained as a reaction to the withdrawal of the accreditations of two Russian journalists from the state news agency TASS in Austria. Knips-Witting has been reporting from Moscow since January 2024.
June 11, 2024
OPEC+ Extends Production Cuts Until 2025
Representatives from Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman met in Riyadh on the sidelines of the 37th OPEC and Non-OPEC Ministerial Meeting (ONOMM). During the meeting, the participating countries decided to extend the existing production cuts until the end of 2025.
June 2, 2024
Supply Stop and Human Rights Allegations for OMV
OMV, Austria's leading energy company, is currently under immense pressure. Two developments could have a significant impact on the company and the Austrian energy market: the threat of Gazprom stopping gas supplies and serious allegations of involvement in war crimes against former OMV executives in Sudan.
May 22, 2024
Russia Begins Nuclear Weapons Exercises Near Ukraine
Russia has begun nuclear weapons exercises near the Ukrainian border, once again issuing a stronger nuclear threat to the West. The exercises, which are taking place in the south of Russia, include training with tactical nuclear weapons, as announced by the Russian Ministry of Defense.
May 21, 2024
Georgia in the Focus of the OSCE: Protests, Political Tensions and International Support
The political situation in Georgia remains tense as the population takes to the streets to protest against a controversial law and international actors pledge their support. During his visit to Georgia, the OSCE Chairperson-in-Office, Malta's Foreign Minister Ian Borg, emphasized the importance of civil society and the organization's role in conflict resolution. At the same time, protests against the so-called "agent law", seen by many as a threat to the country's democratic structures and EU integration, are continuing.
May 16, 2024
Raiffeisen Bank International Withdraws from Controversial STRABAG Transaction
Raiffeisen Bank International AG (RBI) has announced that it will no longer pursue the planned acquisition of shares in STRABAG SE. This decision was made public in an ad hoc announcement in which the bank stated that it had not received the necessary comfort in discussions with the relevant authorities to proceed with the transaction. RBI therefore decided to refrain from the transaction for reasons of prudence.
May 15, 2024
Austrian NEOS Party Calls for Special Audit on Flawed Austrian Counterintelligence
In a recent initiative in the Austrian National Council, the NEOS party has requested a comprehensive special audit by the Austrian Court of Audit focusing on the effectiveness of counter-espionage measures in the central ministries. This demand is particularly directed at the ÖVP-led interior, foreign, and defense ministries, which, according to NEOS Secretary General Douglas Hoyos, have shown a "lax" attitude to counter-espionage for decades.
May 13, 2024
FPÖ Demands Stricter Control of Austria's Payments to Ukraine
In a recent debate in the Austrian parliament, the FPÖ called for establishing a separate control body to review the financial support provided by Austria and the EU to Ukraine. FPÖ MP Susanne Fürst expressed concerns about the efficiency of the existing control mechanisms and warned of the risk that the billions in aid could seep into the "channels of the Zelenskyy regime".
May 13, 2024
High Turnover of Russian Embassy Staff in Austria
The Austrian authorities are at the center of a sensitive security debate as diplomatic relations with Russia are strained by high staff turnover and serious allegations of espionage. Foreign Minister Alexander Schallenberg addresses these issues in light of new parliamentary questions.
May 13, 2024
Diplomatic Collisions on the Nuclear Front: Global Nervousness over Russia's Nuclear Maneuvers
Increasing tensions and recent developments regarding nuclear exercises and rhetoric pose a number of challenges for Europe, European security and especially Austria as the home of the International Atomic Energy Agency (IAEA) and the Comprehensive Nuclear-Test-Ban Treaty Organization (CTBTO).
May 6, 2024
RBI in a Balancing Act Between Sanction Risks and Solid Management
Raiffeisen Bank International (RBI) is currently caught between geopolitical tensions and its own business progress. Recent developments have led the bank to take cautious steps to avoid sanction risks on the one hand and to present its robust quarterly results on the other, which show that the bank remains strong even without the income from Russia and Belarus.
May 2, 2024
Malta Champions Enhanced UN-OSCE Cooperation Amidst Global Security Challenges
As Malta takes a prominent stance in international diplomacy by chairing the Organization for Security and Co-operation in Europe (OSCE), it has vowed to strengthen its collaboration with the United Nations to face what is described as Europe's greatest security challenge since 1945. Malta’s Foreign Minister Ian Borg affirmed the commitment during his address to the UN Security Council in New York City.
April 23, 2024
Flow-Through Capital Despite Sanctions: Russian Investments in Austria Continue to Flow
While international tensions and the war in Ukraine, which has been going on for more than two years, are putting a heavy strain on relations between Russia and the West, Austria remains a remarkably robust magnet for Russian investment. Contrary to expectations that the extensive international sanctions against Russia would curb capital flows, the latest data from the Austrian Ministry of Economic Affairs' investment control report shows a different reality: Russian investments in Austria rose by 14% to EUR 25.5 billion in the first half of 2022.
April 22, 2024
Raiffeisen Bank International Expects ECB Call to Accelerate Withdrawals from Russia
Raiffeisen Bank International (RBI) is facing increasing pressure from the European Central Bank (ECB) to reduce its business activities in Russia more rapidly. This follows a number of developments and the publication of an ad hoc announcement by the bank in which it is expected that the ECB will make an official request to accelerate the wind-down measures in the near future.
April 18, 2024
Russia Expels Austrian Diplomats and Threatens Further Measures
In the latest twist in diplomatic relations between Austria and Russia, the Russian Foreign Ministry has declared an Austrian diplomat an "undesirable person". This decision follows the expulsion of two Russian diplomats from Austria in March in connection with allegations of espionage.
April 17, 2024
Escalating Tensions at Europe's Largest Nuclear Plant Amidst War in Ukraine
As the conflict between Russia and Ukraine continues, the Zaporizhzhia Nuclear Power Plant, Europe's largest nuclear facility, has become a focal point of escalating tensions and mutual accusations between the two nations. The plant, seized by Russian forces early in the invasion, now sits precariously at the center of military and geopolitical strife, with both nations accusing each other of dangerous provocations.
April 14, 2024
FPÖ Distances Itself from Friendship Treaty with "United Russia"
In a press conference, the Third President of the National Council, Norbert Hofer, clarified that the Freedom Party of Austria (FPÖ) relativizes the friendship treaty concluded with the United Russia party in 2016. This comes in light of the recent accusations of an espionage affair involving the FPÖ.
April 14, 2024
Russia's Covert Influence in Europe: Current Strategy Only "Plan B"
The Czech government recently revealed the existence of a Moscow-funded propaganda network that used the Prague-based online portal Voice of Europe to influence the upcoming EU elections. Austrian political scientist Gerhard Mangott and his Ukrainian colleague Anton Shekhovtsov explained that this tactic was merely Russia's "plan B".
April 10, 2024
Influential Voice in Culture and Politics: Nina Khrushcheva at the Salzburg Festival
Nina Khrushcheva, an outstanding academic, great-granddaughter of the famous Soviet Communist Party leader Nikita Khrushchev, and fierce critic of the current Russian government, will take to the podium at this year's Salzburg Festival with an opening speech that has already caused a sensation in the run-up to the festival. This event not only marks a cultural highlight of the year but also a moment of profound reflection on the role of art in turbulent times.
April 3, 2024
Elections in Russia Also Held in Vienna: Between Protest and Farce
In Vienna, there were unusually long queues outside the Russian embassy as numerous young Russians lined up, sometimes for hours, to take part in the presidential election. However, their efforts were in vain as Vladimir Putin secured the elections in Russia, which were deemed neither fair nor honest internationally.
March 18, 2024
Memorial for Navalny in Vienna: A Sign of Resistance and Mourning Destroyed
An impressive testimony to the compassion and protest of the Russian community in Austria has formed in front of the Russian embassy in Vienna. In honor of the deceased Russian opposition leader Alexei Navalny, an improvised memorial was created that not only expresses grief but can also be seen as a clear statement against the Putin regime.
March 17, 2024
Austria Expels Two Russian Diplomats and Austrian Ambassador in Moscow is Summoned
After Austria recently declared two Russian diplomats undesirable persons, Russia is now summoning Austria's ambassador to the Foreign Ministry. This indicates a serious deterioration in diplomatic relations between the two countries. So far, a total of eleven Russian diplomats have been expelled from Austria since 2020
March 14, 2024
Raiffeisen Bank International Under Observation by U.S. Sanctions Authorities
Raiffeisen Bank International (RBI), a prominent financial institution based in Austria, is the focus of the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) due to its ongoing business relationship with Russia. OFAC has contacted the bank to request details of its transactions and processes related to Russia.
March 11, 2024
Two Years of War in Ukraine: Solidarity and demands for peace from the international community in Vienna
Two years after the start of the Russian invasion of Ukraine, the international community remains alarmed and united in its support for Ukraine. The ongoing violence against civilians, including children, and Russia's violation of international human rights norms have sparked concern and outrage around the world. The OSCE and international representatives have spoken out strongly, calling for an end to the war.
February 26, 2024
Financial Market Authority Initiates Investigations Against Raiffeisen Bank International
The Austrian Financial Market Authority (FMA) has launched an investigation into Raiffeisen Bank International (RBI). The focus is on possible deficiencies in the implementation of money laundering prevention measures, as can be seen from the bank's annual report published today.
February 25, 2024
Decline in Frozen Russian Assets in Austria
The significant drop in the volume of frozen Russian assets in Austria, as observed over the past year, mirrors a broader trend seen in other countries, where the handling and status of these assets have been dynamic and subject to legal, political, and financial considerations.
February 21, 2024
Escalation after Navalny's Death: Diplomatic Aftermath Between Austria and Russia
The death of Russian opposition leader Alexei Navalny has not only caused international outrage but has also led to a diplomatic dispute between Austria and Russia. An investigation into Navalny's death amidst unjust imprisonment has been also requested by the OSCE in Vienna.
February 20, 2024
Austria Plans to Withdraw from Russian Gas Contracts
In a decisive step against continued energy dependence, Energy Minister Leonore Gewessler (Greens) announced that she would end the gas supply contracts between OMV and the Russian company Gazprom. The contracts, which run until 2040 and oblige Austria to purchase significant quantities, are under critical review. Gewessler commissioned the Economic Research Institute (WIFO) to carry out a detailed analysis of the economic consequences of termination and the risks of continued dependency.
February 12, 2024
International Observers: Lack of Political Alternatives in Presidential Elections in Azerbaijan
International observers have found that the early presidential election in Azerbaijan lacked genuine political pluralism due to a restrictive environment. Russia has sharply criticized the OSCE mission for its lack of understanding of election monitoring.
February 11, 2024
Russia Refuses OSCE Observer's Invitation to Presidential Elections
The Russian Federation's decision not to invite observers from the Organization for Security and Co-operation in Europe (OSCE) to the upcoming presidential elections has been met with deep regret by the leaders of the OSCE Office for Democratic Institutions and Human Rights (ODIHR) and the OSCE Parliamentary Assembly (OSCE PA).
February 11, 2024
IAEA Chief Underlines in Ukraine: "No Room for Complacency"
The IAEA Director General and his team of experts traveled to Kyiv and to the south to visit the Zaporizhzhya Nuclear Power Plant. During the critical visit to Ukraine, Rafael Mariano Grossi, Director General of the International Atomic Energy Agency (IAEA), met with high-ranking Ukrainian officials, including President Volodymyr Zelenskyy and Energy Minister German Galushchenko.
February 6, 2024
Exciting Race for EU Mandates: Austria's Parties in Starting Position
Austria's political landscape is gearing up for an exciting election year, starting with the election of EU representatives in June. The Neos were recently the last of the parliamentary parties to complete their list of candidates and their election program, marking the official start of preparations for the EU elections. Despite this great start to the campaign, the rise of right-wing populist parties in Europe and the troubled relations between the EU and Russia will make the EU elections even more complicated.
January 31, 2024
Karl von Habsburg Calls for Decisive Action in Speech on the Future of Europe
Karl von Habsburg, President of the Pan-European Movement Austria, used the annual "Speech on the Future of Europe" to address important European policy issues. The motto of the online matinee was "Courage to take responsibility".
January 11, 2024
Secret Meeting to Plan Mass Displacement in Germany: The Role of the Austrian Martin Sellner
A secret meeting held in a hotel near Potsdam last November brought together high-ranking AfD politicians, neo-Nazis and wealthy entrepreneurs. The meeting aimed to discuss a plan to expel millions of people from Germany. Among those present was Martin Sellner, a well-known far-right activist from Austria and former spokesperson for the Identitarian Movement Austria.
January 10, 2024
Political Thriller Around the Abramovich Villa in Austria
The sale of a villa on Lake Fuschl to Russian oligarch Roman Abramovich's family in Salzburg has been revealed to have disappeared. The property was acquired through an offshore letterbox company and a British trustee. The Green Party is now calling for the sale to be reversed, requiring a trust deed. The party is seeking clarification on how the sale can be reversed without the deed.
January 9, 2024
Alarming Number of Abducted Children in the Ukraine War
The Ukrainian government has made alarming statements about the abduction of children in the war against Russia.
January 8, 2024
Russian Oligarch Oleg Deripaska Sells STRABAG Shares to Russian Corporation
The Russian oligarch and major shareholder of STRABAG, Oleg Deripaska, has initiated a sale of his considerable stake in the Austrian construction group to a Russian joint stock company.
December 19, 2023
Ukraine Removes Raiffeisen Bank International from the List of "War Sponsors"
The Ukrainian government has temporarily removed Raiffeisen Bank International (RBI) from the controversial list of "war sponsors". This step follows intensive bilateral talks and consultations with representatives of the European Commission. RBI, which was previously criticized for its business activities in Russia and the recognition of the self-proclaimed Donetsk and Luhansk People's Republics by its Russian subsidiary, is now no longer suspected of supporting the Russian war of aggression.
December 17, 2023
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