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Vienna International Technology Industry News
Read the latest headlines about developments in the international technology industry in Vienna and Austria
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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
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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
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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
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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
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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
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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
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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
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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
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"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
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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
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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
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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
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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
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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
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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
Expo Dubai: Viennese Coffeehouse is Culinary Ambassador
The Viennese coffeehouse, Austrian Delight, is serving as the culinary ambassador for Austria at the World Expo in Dubai. Read about how the cafe is representing Austria and what else Vienna is offering at the World Expo.
November 11, 2021
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Linhart's Round of Visits to Central Asian Autocrats Was All about Deepening Economic Relations
Foreign Minister Linhart visited the Central Asian countries of Kyrgyzstan, Tajikistan, Uzbekistan, and Turkmenistan to strengthen economic relations. The foreign minister met various leaders and participated in multiple economic forums. Read about the details of his trip to Central Asia.
November 9, 2021
Climate Crisis: Vienna Joins "Race to Zero" Campaign
At the World Climate Conference (COP 26) in Glasgow, Vienna has announced that it is joining the "Race to Zero" campaign, which aims to cut emissions in half by 2030 and create a carbon-free world. Read about Vienna's new climate change commitment.
November 8, 2021
Economic Diplomacy a la "ReFocus": Connecting Diplomatic Representatives with Austria's Business Community
Diplomatic representatives in Austria met with members of the Austrian business community as part of the "ReFocus Austria" government initiative aimed at promoting Austrian companies abroad and Austria as a business location. The main focus of this event was opportunities in the "green economy." Read more about this event and "ReFocus Austria."
October 27, 2021
Hedy Lamarr Award 2021 for Outstanding Achievements by Women in Information Technology
The City of Vienna announced the winner of the 2021 Hedy Lamarr Award for outstanding achievements by women in information technology. Find out who won this year for her work on innovative learning methods and immersive experiences.
October 25, 2021
Austria's Strategy for the Upcoming European Council Meeting
Ahead of the European Council meeting in Brussels, Austrian Chancellor Schallenberg, EU Minister Edtstadler, and members of parliament laid out Austria's strategy for the meeting. Read their stances on the key issues they plan to raise in Brussels.
October 22, 2021
Infineon Opened €1.6 Billion High-tech Chip Factory in Villach
After three years of planning and construction and a € 1.6 billion price tag, Infineon Technologies AG finally opened its new high-tech chip factory in Villach, Austria. Read more about the new factory, the chips produced there, and what Infineon does.
October 20, 2021
Austria Presents Financial Budget for 2022
Austrian Finance Minister Gernot Blümel presented Austria's draft financial budget for 2022 to the Austrian Parliament in the form of the annual budget speech. The plan includes tax reforms, budget increases for various ministries, estimates regarding the COViD-19 crisis, and more. Read some of the specific provisions in the budget outlined by the finance minister.
October 14, 2021
Vienna's "Traincademy" Uses Modern Simulators and VR for Driver and Rail Jobs Training
The new Traincademy in Vienna offers training courses for train drivers and other rail jobs using modern simulators and VR technology. With some estimating that thousands of rail employees will be needed in the coming years in Austria alone, the Traincademy wants to offer high-quality training to those looking for careers in the industry. Read more about the new Traincademy and the future of the rail industry.
October 13, 2021
Polish-Austrian Relations: Official Visit and Business Forum in Warsaw
Polish President Andrzej Duda hosted Austrian President Alexander Van der Bellen in Warsaw for the first official visit of an Austrian President in Poland since 2009. The two had a meeting and held a joint press conference in which they discussed various issues, including Poland's current issues with the EU. Van der Bellen also attended an economic forum and met with other Polish leaders. Read more about the details of the President's visit to Poland.
October 6, 2021
ReFocus Austria: Roundtable in New York as First Initiative in the U.S.
On his stay at the 76th United Nations General Assembly in New York, Foreign Minister Schallenberg held a roundtable event with Austrian and U.S. entrepreneurs to exchange ideas. This was the first of the ReFocus Austria initiative events in the U.S. aimed at strengthening the Austrian economy. Read more about ReFocus Austria and what was discussed at this event.
September 30, 2021
Doing Business with the United Arab Emirates: World Expo 2020 Opens in Dubai
The World Expo 2020, which kept its name despite being delayed to 2021, is set to begin in Dubai on 1 October. The United Arab Emirates (UAE) has been a particularly sought-after market for many Austrian companies. Read about the upcoming Expo, the economic relationship between Austria and the UAE, and some of the many Austrian companies that have found success there.
September 23, 2021
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