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South Korea in Austria | South Koreans in Vienna | Foreign Relations

Cost of Living Rankings: CEE Capitals Cheaper, Vienna is 32nd Most Expensive City

The Mercer's 2014 Cost of Living Rankings have been published and cover 211 cities across five continents. While Western European cities have all risen in the rankings mainly due to the strengthening of the Euro against the US dollar, most cities in Central and Eastern Europe (CEE), however have fallen in the ranking as a result of local currencies depreciating against the US dollar. Bratislava (#84), Prague (#92), Kiev (#98), Ljubljana (#116), Zagreb (#120), Budapest (#135), Warsaw (#142), Belgrade (#184).

July 25, 2014

Czech Airlines May be Taken Over by Korean Air

The Korean airline company aims to take over the publicly held stake in Czech Airlines.

March 5, 2013

Austrian Showcase in Seoul: Renewable Energy and Biomass

From 22. October 2012 to 23. October 2012, Austrian Know-How in the fields of Forest machinery, renewable energy and biomass will be presented in Seoul.

July 2, 2012

Austria-Korea Automotive Technology Days

From 14. November 2012 to 16. November 2012, Austrian automotive suppliers present themselves in Seoul.

June 30, 2012

Austria and South Korea Celebrate 120 Years of Bilateral Relations

Austria´s Foreign Minister Spindelegger: "Relationships between South Korea and Austria better than ever".

June 26, 2012

Bene Expands in Asia

The Austrian manufacturer of office furniture founded a joint venture together with the Singapur-based Ollo Group. Bene aims for entering new markets successfully.

February 24, 2012

Innovation Index: Austria Falls Behind

Austria again loses in competitiveness: among the EU member countries, Austria occupies the eighth rank.

February 7, 2012

Austrian Foreign Trade Deficit on the Rise

From January to September 2011: imports rose by 17%, exports increased by 14%. The deficit amounts to € 6.0bn.

December 7, 2011

Plansee Grows in Korea

With the acquisition of TCB, he Austrian Plansee Group expands in South Korea.

October 25, 2011

Siemens VAI: Major Order from South Korean Steel Industry

The Austrian Siemens VAI Metals Technologies has received the order to build a steelwork. The factory´s capacity should be 2m tons per year.

September 27, 2011

Free Trade Agreement with South Korea

WKÖ: Additional trade potential for Austrian companies in South Korea for € 350m.

February 19, 2011

Engel Expands in China

Engel, the Upper Austrian machine builder, benefits from the economy and intends to triple the capacity of the Shanghai location.

February 1, 2011

A-Tec Sells AE&E India

The insolvent Austrian group belonging to Mirko Kovats is being gradually separated from its stakes. AE&E India goes to the Korean Doosan.

January 19, 2011

Cooperation Between Korean LG and Austrian Zumtobel

LG Innotek and Zumtobel Group conclude LED cooperation agreement.

December 15, 2010