Vienna International Technology Industry News

Read the latest headlines about developments in the international technology industry in Vienna and Austria

Lufthansa and OMV Cooperate Over Sustainable Aviation Fuel

OMV, the international integrated oil, gas and chemical company headquartered in Vienna, and Lufthansa Group are expanding a partnership on sustainable aviation fuels. Germany's Lufthansa plans to stock up on sustainable aviation fuel (SAF) from OMV in the future.

September 13, 2022

French Investor Meridiam Establishes Joint Venture with Magenta Telekom for Glass Fiber Expansion in Austria

Magenta Telekom and French investor Meridiam have agreed to establish a strategic partnership for Austria's largest private fiber expansion initiative. By 2030, the companies will invest 1 billion Euros in the roll-out of more than 650,000 new high-speed Internet connections for households and businesses.

August 23, 2022

ICARST 2022: Applying Radiation Science and Technology in Everyday Life

The International Conference on Radiation Science and Technology (ICARST) organized by the IAEA will be held this week in Vienna. Determining the presence of microplastics in environmental samples, removing pesticides from agricultural soil and studying how to grow tomatoes in outer space are all possible thanks to radiation techniques and will be discussed.

August 22, 2022

Space Diplomacy: Moldova Deploys First Satellite from International Space Station

The Republic of Moldova successfully deployed its first satellite, TUMnanoSAT, from the International Space Station (ISS). Under the KiboCUBE program, the United Nations Office for Outer Space Affairs (UNOOSA) and the Japan Aerospace Exploration Agency (JAXA) contributed to this achievement.

August 15, 2022

Virtual Economic Forum between Tunisia and Austria

A Virtual Economic Forum titled "Tunisia & Austria - Promoting Business & Investment Cooperation", was held online by the Tunisian Embassy in Vienna and the Austro-Arab Chamber of Commerce (AACC) in collaboration with the Tunisian Foreign Investment Promotion Agency (FIPA Tunisia).

August 7, 2022

Earth Overshoot Day: World has Already Used Up Resources

The Earth's natural resources for this year will have been depleted by tomorrow. By tomorrow, ecosystems would need about a year to replenish their resources. According to the Global Footprint Network, which is based in the United States and Switzerland, Earth Overshoot Day is slightly earlier this year than last.

July 27, 2022

European Forum Alpbach Will be Opened by Moldovan President Maia Sandu

The Moldovan President, Maia Sandu, will attend the opening of this year's European Forum Alpbach (EFA) together with Federal President Alexander Van der Bellen on August 22. At the start of the event, they will jointly address the EFA's annual theme, The New Europe, and discuss what consequences, in light of Russia's Invasion of Ukraine, Europe must draw from its current weakness and its inaction in the past.

July 27, 2022

Austria Launches One of the Largest Hydrogen Projects in Europe

An ambitious hydrogen project is currently being undertaken by Austria in order to reduce the country's reliance on foreign energy suppliers in the future. Austria's largest electrolyser will be built in Burgenland in the future. This will contribute to Austria's energy independence by producing green hydrogen in a sustainable manner.

July 25, 2022

Austria has the Highest Share of Female Startups in the EU

The Federal Ministry of Labor and Economy (BMAW) had surveyed the financing situation of female startups for Austria and Europe and discussed it at a startup breakfast together with representatives of the startup community at the BMAW. At 36 percent, Austria currently has the highest proportion of female startups in the EU.

July 20, 2022

"Award for Innovation in Africa" Awarded for the First Time in Austria

The "Kofi Annan Award for Innovation in Africa" was awarded for the first time this week to African start-ups, all of which were dedicated to the topic of digital health. The three winners come from Kenya, Nigeria and Zimbabwe and can look forward to prize money of 250,000 euros each. Read on to find out what goals the respective projects have set themselves.

July 12, 2022

Austria Supports Women From Ukraine With Their Integration Into Austrian Working Life

The 100 Women - 100 Opportunities program supports Ukrainian women with their integration into the Austrian labor market. This New COMPASS Support Program was initiated by Austrian Federal Minister for Women, Family, Youth and Integration Susanne Raab, the Austrian Integration Fund, LEA and private businesses.

June 7, 2022

ViennaUP'22 - Event in Vienna Excites Thousands of People

The Vienna International Business Festival ViennaUP'22 attracted 10,000 participants from all over the world this year. With the attention-grabbing event, the City of Vienna hits the bull's eye for international visibility and positioning in the startup scene.

June 3, 2022

Congresses in Vienna - What You Should Not Miss

After a long dry spell, Vienna's tourism industry is looking forward with hope to the large number of congresses planned for this summer. Vienna, which is internationally known to be an optimal place for congresses, is the venue for more than 40 major events with over 1,000 guests this year and hopes to be able to attract as many events in the future. Here you will find a brief overview of the most important events in the city!

May 23, 2022

How China's Global Infrastructure Strategy Undermines European Integration in the Western Balkans and Beyond

The accession of the Western Balkans countries into the European Union continues to be a topic of debate amongst the EU Member States. Read how China's global infrastructure strategy may be undermining these countries' aspirations for EU membership.

May 19, 2022

Space Diplomacy: Switzerland and ESA Establish Space Deep-Tech Innovation Centre

Switzerland and the European Space Agency signed a Memorandum of Cooperation, establishing the center for European Space Deep-Tech Innovation at the Paul Scherrer Institute in Villigen, Switzerland.

May 18, 2022

31st Session of the Commission on Crime Prevention and Criminal Justice Will Be Held in Vienna

Next week, the Commission on Crime Prevention and Criminal Justice (CCPCJ) will meet in Vienna between 16 and 18 May. If you want to know what the main tasks of the CCPCJ are and what topics will be discussed this year at the 31st session, read on.

May 13, 2022

War in Ukraine Continues to Dominate Austria's Economic Outlook

In a recently published report, the Austrian Institute of Economic Research (WIFO) gives an insight into Austria's economic situation and forecasts the development of the economy over the next few years. The Omikron wave and the war in Ukraine will continue to slow down Austria's economic growth in the next few years and no relief is expected for the time being. Nevertheless, there is also good news concerning the labour market.

May 12, 2022

Iran Nuclear Talks: EU Tries To Revive the Negotiations

European officials are trying to save the Iran nuclear deal. To find a solution to the months-long standoff between Tehran and Washington, EU coordinator Enrique Mora is scheduled to visit Tehran. Read about the newest developments in Iran and the JCPOA.

May 8, 2022

IAEA’s First International Conference on Nuclear Law

The IAEA currently hosts the world's top experts on nuclear law to examine the current nuclear law framework in the changing landscape of technology, opportunities, and challenges. Read more about the importance of the First International Conference on Nuclear Law.

April 26, 2022

IAEA Conference on Enhancing the Sustainability of Nuclear Energy

The IAEA is currently holding a conference about enhancing the sustainability of nuclear energy. In the course of the green energy debate, nuclear energy is seen as playing an important role in a low-carbon future.

April 20, 2022

EU Subcommittee of the Austrian Parliament Discussed on Future EU Economic Policies

The EU Subcommittee of the Austrian Parliament discussed future EU economic policy. The topics of artificial intelligence, digitalization, EU trade policy, the update of the EU industrial strategy of 2020 and the modernization of competition law.

April 20, 2022

IAEA Supports Radiation Protection in Medical Procedures

The IAEA supports efforts and is raising awareness of radiation protection in medical procedures. The benefits of nuclear technology enable great technological advances.

April 13, 2022

How the Kremlin Exploits Its Diplomatic Missions in Vienna to Spread Russian Propaganda

Since Russia began its full-scale invasion of Ukraine, the Kremlin has used its diplomatic missions in Vienna and around the world to help spread propaganda and disinformation about the war. Read about this propaganda effort and view some blatant examples of Russian propaganda from the diplomatic missions.

April 6, 2022 · Updated: April 8, 2022; 15:46

Explained: Why We Need Space Diplomacy as a Foreign Policy Tool to Keep Outer Space Safe, Secure and Sustainable

The race for space supremacy, which first began as a competition between the rivals of the First Cold War - the United States and the Soviet Union - and which is now continuing in the Second Cold War between Russia, the United States, China and smaller emerging powers, is intensifying.

March 30, 2022

Space Diplomacy: The Annual Session of the COPUOS Legal Subcommittee

Space is an important future avenue for exploration, research, and commerce. This makes it all the more important for the nations of the world to negotiate these unlimited possibilities and to work out cooperation through diplomatic channels. One of them is the Committee on the Peaceful Uses of Outer Space (COPUOS) of the United Nations Office on Outer Space Affairs (UNOOSA). The COPUOS organizes a Legal Subcommittee which is held this week.

March 30, 2022

Austria Enhances Bilateral Economic Relations with Conflicting Neighbors India and Pakistan

The initiative ReFocus Austria, accompanied by Austria's Foreign Minister Alexander Schallenberg, visited the emerging republics of Pakistan and India in recent days. The aim of the trip was to establish economic relations and promote mutual investments. Read on if you want to know which sectors are in particular demand.

March 23, 2022

Congress Tourism Vienna on the Verge of a Comeback

The seemingly endless procrastination has come to an end - after an absence of two years, the congresses and events are returning to Vienna. This calls for flexibility and time management above all, because the schedule is tight. Here you can read about the events that await you in Vienna this year.

March 16, 2022

Space Diplomacy: UNOOSA and EUSPA Sign Agreement on Cooperation

The United Nations Office for Outer Space Affairs (UNOOSA) signed a Memorandum of Understanding with the European Union Agency for the Space Programme (EUSPA) to support United Nations Member States.

March 15, 2022

"Milky Way in the Salzkammergut" Photo Wins Sony World Photography Award 2022

An amateur photographer from Vienna won the Sony World Photography Award 2022 for Austria. Read more about the talented young photographer and see her incredible photo of the Milky Way in the Salzkammergut.

February 24, 2022

Continued Strong Interdependence of Business between Russian, Ukrainian and Austrian Companies

Austrian businesses have established significant ties with those in Ukraine and Russia over the years. Read about the amount of business Austria does with each country and how the recent escalation of tensions could affect this.

February 23, 2022

Sony DADC Austria AG Tightens Production Program

The decline in the production program of optical storage media (CDs and DVDs) forces Sony DADC Austria to terminate and redeploy towards BioSciences and digital services.

February 22, 2022

Indian Edtech Giant Byju's Acquires Austrian Math App GeoGebra in €100 Million Deal

India's most valuable startup Byju's is buying Linz-based Geogebra, it has now been announced. Neither company disclosed the purchase price, but insiders say the deal is worth about 100 million euros and includes both cash and stock.

February 21, 2022

FDI in Austria: ABA Location Agency Serves 364 International Companies

The annual results from the Austrian Business Agency (ABA) show that its location agency serves 364 international companies. Read more about the ABA's annual results and how the agency is helping companies settle into Austria.

February 15, 2022

Ukraine Crisis: Potential Impact of Russian Invasion on Ukrainian, Russian and EU Economies

The solution of the Russian aggression and violation of rights towards Ukraine, is of central importance for the world we want to live in. The Vienna Institute for International Economic Studies (WIIW) conducted a study on the potential economic impacts of a Russian invasion of Ukraine. Read their prediction for how an invasion would affect the economies of the EU, Russia, and Ukraine.

February 8, 2022 · Updated: February 11, 2022; 08:35

Combating Violence Against Women: New Silent Emergency Call App Available From March

The Austrian government has introduced a new app to help counter the alarming trend of increased domestic violence against women. Read about the new app and other steps the government is taking to prevent violence against women.

February 10, 2022

Huawei's 5G Network Technology in Austria: Systemic Rival at the Gate to Europe

While all eyes in Europe are focused on the Russia-Ukraine side conflict, the true war is raging elsewhere, namely in network technology between China and the West. This technology war is about nothing less than the global security-technological leadership role of the next decades, and thus about the decisive question of whether the Western democratic world order can assert itself or whether the Chinese authoritarian system with totalitarian surveillance will prevail. Due to its relative weakness, Austria plays an important and central key role in this process. While most Western countries are increasingly and decidedly resisting the deployment of the 5G network infrastructure largely supplied by Huawei and ZTE - which are intricately owned and substantially controlled by the Chinese Communist Party - there are quite a few telecom providers in Austria who are using and even expanding this technology, primarily because their economic survival is already dependent on this technology, and secondly because the Austrian state is largely toothless and ignorant in the face of the push by the Chinese equipment suppliers and their lobbyists.

February 9, 2022 · Updated: February 9, 2022; 21:56

Vienna is Becoming the Start-up Capital of Austria

Vienna's start-ups generated an added value of 3.9 billion euros in 2021, making it the most popular place in Austria for start-ups. Read more about the start-up environment in Vienna and what it has done for the Austrian economy.

February 9, 2022

Putin's Propaganda TV-Channel Tries to Expand to Austria

An attempt to supply an Austrian target group with German-language propaganda from Berlin will apparently fall victim to the media war between the two state broadcasters Russia Today (RT) in Berlin and Deutsche Welle (DW) in Moscow.

February 9, 2022

Economics Minister Schramböck Calls EU Chips Act "An opportunity for Europe"

The European Commission has unveiled its draft for the European Chips Act. Read about the Chips Act and why Economics Minister Schramböck called it "an opportunity for Europe."

February 8, 2022

EXPO 2020 Dubai: Extraordinary Austria Pavilion Wins Multiple Awards

The Austria Pavilion at EXPO 2020 Dubai has now won yet another award. Read about the multiple awards the pavilion has won and why it is receiving so much recognition.

February 8, 2022

Expo 2020 Dubai: Austria's Youth Showcase Their Innovation

The four teams that won Austria's "Innovative Youth" competition will get to showcase their projects at the World Expo 2020 in Dubai. Read about the competition and what the winning projects were.

January 27, 2022

Wirecard Scandal: Europol Manhunt for Europe's Most Wanted "Marsalek"

Former COO of Wirecard Jan Marsalek, one of Europe's most wanted fugitives, is still the target of an international manhunt for his suspected role in a multi-billion euro fraud scheme. Read about the ongoing search for Marsalek and Europol's 2021 "EU's Most Wanted" campaign.

December 7, 2021

City of Vienna Partner Lab Massively Expands Covid-19 Laboratory

The Lifebrain laboratory, which partners with the City of Vienna, is undergoing a massive expansion on its COVID-19 laboratory. This expansion comes just weeks after an unfair competition lawsuit brought against Lifebrain by the Vienna Medical Association was dismissed. Read about Lifebrain's lab expansion and legal issues.

December 1, 2021

Controversial Chinese 5G Network Operator Huawei Appointed New Austria CEO

The Mainland Chinese Harvey Zhang (38) has been appointed CEO of Huawei Technologies Austria, effective immediately. He replaces Jackie Zhang (38), who was appointed as the new Austria boss just a few months ago.

December 1, 2021

Western Balkans: Foreign Minister Linhart Visits Albania and North Macedonia

Foreign Minister Linhart, accompanied by an Austrian business delegation, visited the Western Balkan States of North Macedonia and Albania. Read about the foreign minister's meetings with various government officials, as well as his meetings with local business people as part of the ReFocus Austria initiative.

November 22, 2021

Japanese Life Sciences Corporation Invests More Than 100 Million Euros in Vienna

The Japanese life sciences company Takeda Pharmaceutical Company Limited is investing more than 100 million euros in a new building in Seestadt, Vienna. Read about the massive investment and see a picture of what it is supposed to look like upon completion.

November 18, 2021

Budapest Office Property "BudaPart Gate" Acquired by S-Immo

S Immo AG has acquired the "BudaPart Gate" office building in Hungary's capital, Budapest. Read more about the transaction and BudaPart Gate.

November 15, 2021

COVID-19 in Austria: Verification of Compliance with Applicable Access Rules Becomes Easier

A new app known as Green Check is now widely available in Austria and has made verification of compliance with COVID-19 access rules much simpler. Read more about the new app and how it works.

November 12, 2021

US Embassy: Visit of the Chargé d'affaires Strengthens Economic Ties between USA and Upper Austria

The Chargé d'affaires of the US Embassy in Vienna Mario Mesquita visited Linz and met with Upper Austrian Governor Thomas Stelzer and Voestalpine CEO Herbert Eibensteiner. Read about Mesquita's visit and what was discussed.

November 11, 2021

Austrian Foreign Trade Picks Up Again

Austria's foreign trade in 2021 has improved significantly compared to 2020, and in some months, it is even approaching the pre-pandemic levels of 2019. Read the detailed numbers showing that Austrian trade is picking up again.

November 11, 2021