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Latest News

Meet the Minister in Charge for Austria's Presidency of the Council of the EU: Gernot Blümel

During Austria's EU Council Presidency, the name Gernot Blümel, the Federal Minister responsible not only for the EU but also for art, culture and media, will be mentioned time and again. Blümel is also chairmen of the Vienna ÖVP and a close confidant of Chancellor Sebastian Kurz. His ministry is even physically integrated into the Federal Chancellery.

June 5, 2018

Austria Prepares for the Presidency of the Council of the European Union: ‘A Europe that protects’

On 1 July 2018 Austria takes over the EU Presidency for six months. The Austrian Presidency of the Council of the European Union will focus on three topics: the fight against illegal migration, digitalisation and stability in the neighbourhood.

June 5, 2018

Environment Day: The World Must Unite to Beat Plastic Pollution

The world is being ‘swamped’ by harmful plastic waste says United Nations Secretary-General António Guterres, marking Environment Day. Microplastic particles in the ocean, now outnumber stars in our galaxy.

June 5, 2018

Austrian Development Agency Supports WHO in Palestine

To improve health care in Gaza, the Austrian Development Agency (ADA) is supporting the World Health Organization (WHO) with 300,000 euros.

June 5, 2018

Austrian Military Investigation into the Golan Heights Ambush: Soldiers' Actions Correct

In September 2012, Austrian UN soldiers on the Golan did not prevent Syrian security forces from entering a deadly ambush. The disciplinary assessment concludes that the conduct of Austria's soldiers had been stressful, but correct, so that the soldiers do not need to be prosecuted.

June 5, 2018

Lasting Rivals - Byzantium & the West

Schallaburg Castle in Lower Austria is recalling a fascinating story from the past that was long forgotten but still shapes Europe today. It is the story of Byzantium and the West.

June 4, 2018

The Vienna Salons: Networking and Emancipation for 200 Years

What made the Vienna salons the places to be between 1780 and 1938 would be described today as networking in the best sense. Mostly shaped by their Jewish hostesses, these communication spaces were also spaces of emancipation and empowerment in two respects: for women who were still excluded from public life, and for the development of a critical, middle-class civic society.

May 31, 2018

Love, Respect and Solidarity: "Diplomats for Equality" and "Vindobona.org" Support Vienna Pride 2018

The festival "Vienna Pride" is a two-week event of the LGBTI community with the highlight of the Vienna Pride March (Rainbow Parade) on 16 June 2018 and intends to promote human rights for everybody and achieve equality for LGBTI persons. More than 30 Vienna-based embassies and diplomatic missions have come together under the banner "Diplomats for Equality" to support this initiative. Vindobona.org also supports a worldwide non-discriminatory society.

May 31, 2018

Van der Bellen in Estonia: Child of Refugees Back in the Motherland of Parents

Austrian Federal President Van der Bellen is on an official visit to the Estonian capital Tallinn. As a child of Russian-Estonian refugees born in Vienna, some melancholic emotions cannot be excluded.

May 30, 2018

Infineon Invests 1.6 Billion Euros in New Chip Factory in Austria

German semiconductor manufacturer Infineon is investing in Carinthia in the largest chip factory in Europe. 1.6 billion euros will be invested in the construction of a new semiconductor factory at the Villach site.

May 30, 2018

Hassan Rouhani Expected in Vienna in Early July

Iranian President Hassan Rouhani (حسن روحانی) will meet his Austrian counterpart Alexander Van der Bellen in Vienna on 4 July according to media reports.

May 30, 2018

Flight Connection Kuwait-Vienna Carries Arab-Israeli Conflict to Austria

State-owned Kuwait Airways, which will resume operations between Kuwait and Vienna in early June for the summer months, does not carry Israeli citizens. The official reason is a Kuwaiti law from 1964, which bans all companies of the 3.5 million inhabitant oil state from doing business with Israelis.

May 29, 2018

Migration Policy Agency Celebrates 25th Anniversary and Welcomes New Members Malta and Turkey

With Malta and Turkey both joining Vienna based ICMPD in May, the International Centre for Migration Policy Development welcomes two new Member States. ICMPD has now 17 Member States all across Europe. In 2018 ICMPD is also celebrating the 25th anniversary of its founding and is looking into the future to try to see what it may hold in terms of migration and mobility of people.

May 29, 2018

Sonja Sarközi Appointed New CEO of Sberbank Europe

Sonja Sarközi, currently Chief Retail Banking Officer of Sberbank Europe, has been appointed as new CEO by the supervisory board. She will succeed Gerhard Randa as of 1 July 2018.

May 29, 2018

Public Diplomacy: Austrian Parliament Delegation Meets Chinese Friendship Association

Following the recent visit to China by Austrian President van der Bellen with the largest business delegation to date, an Austrian delegation of members of the National Assembly and the Federal Council is now on the road in China under the leadership of the second President of the National Council, Doris Bures. The aim of the trip is to further deepen Austrian-Chinese relations, in particular a meeting with Li Xaolin, President of the CPAFFC - Chinese People's Association for Friendship with Foreign Countries (中国人民对外友好协会).

May 29, 2018

The Concordia and the Fête Impériale Summer Balls Are Upcoming: 'El tango te espera!'

Two glittering summer balls are upcoming: The Concordia Ball (June 8, 2018) in Vienna City Hall and the Fête Impériale (June 29, 2018) in the Spanish Imperial Riding School. The Concordia Ball has been one of Vienna's most sparkling and exclusive events for over 150 years. The Fête Impériale is famous for its opulent and imaginative decorations, and is held once again.

May 28, 2018

Meet OPEC's Secretary General Mohammad Sanusi Barkindo

HE Mr. Mohammed Sanusi Barkindo is the current Secretary General of OPEC. He recently received a prestigious Energy Award for Lifetime Achievement for helping to stabilize the oil price again. He also gave an insight into how OPEC has regained its former strength under his guidance.

May 28, 2018

Trevor Traina Accredited as New US Ambassador in Vienna

The new US Ambassador to Austria Trevor Traina presented President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.

May 25, 2018

Austrian Airlines Celebrates 60th Birthday

Austrian Airlines Österreichische Luftverkehrs Aktiengesellschaft was founded on 31 March 1958. This week, 2,500 guests celebrated the 60th birthday of the red-white-red airline in the hangar at Vienna Schwechat Airport.

May 25, 2018

VieVinum 2018: International Wine Festival at the Vienna Hofburg

Once again, the VieVinum attracts 800 international trade visitors and an audience of around 15,000 and transforms the Vienna Imperial Palace into a vibrant place of good wine.

May 25, 2018

Iran Talks Back at the Palais Coburg in Vienna

The struggle for the prolongation of the nuclear agreement with Iran continues. On Tehran's initiative, the Joint Commission is meeting in Vienna at Palais Coburg to discuss measures to support the Joint Comprehensive Plan of Action (JCPOA) on the Iranian nuclear program. Tehran wants to decide on compliance with the nuclear deal in the coming weeks.

May 25, 2018

Harald Mahrer: Economic Chamber Has 8 Million Members

In his inaugural speech, the new President of the Austrian Federal Economic Chamber, Mahrer, calls for more leeway for companies and the further development of the social partnership into a partnership for the future and announces an education offensive.

May 25, 2018

Who is Johannes Peterlik, Secretary General Designate at the Austrian Ministry of Foreign Affairs?

The current Deputy Head of Section V for Cultural Foreign Relations of the BMEIA Federal Ministry for Europe, Integration and Foreign Affairs, Ambassador Dr. Johannes Peterlik will take over the function of Secretary General for Foreign Affairs on 1 June 2018. The current Secretary General Dr. Michael Linhart becomes Ambassador in Paris.

May 25, 2018

Meet the New Ambassador of the Republic of Panama to Austria: H.E. Ms. Annabella Guardia Escoffery de Rubinoff

The new Panamanian Ambassador to Austria Annabella Guardia Escoffery de Rubinoff presented President Alexander Van der Bellen with her letter of accreditation at the Vienna Hofburg.

May 24, 2018

Meet the New Ambassador of the Republic of Angola to Austria: H.E. Ms. Teodolinda Rosa Rodrigues Coelho

The new Angolan Ambassador to Austria Teodolinda Rosa Rodrigues Coelho presented President Alexander Van der Bellen with her letter of accreditation at the Vienna Hofburg.

May 24, 2018

Meet the New Ambassador of the Republic of Tunisia to Austria: H.E. Mr. Mohamed Mezghani

The new Tunisian Ambassador to Austria Mohamed Mezghani presented his letter of accreditation to President Alexander Van der Bellen at the Vienna Hofburg.

May 24, 2018

US Ambassador Traina Arrives in Vienna: "Austria is one of America's first friends"

The new US Ambassador to Austria, Trevor Traina, grandson of Wiley T. Buchanan, the former US Ambassador to Vienna (1975 - 1977), has arrived in Vienna with his wife Alexis. In his first statement, he underlined the close bilateral relations between the two countries: "Austria was one of America's first friends and we are here to remind everyone how important that relationship still is today - over 180 years later."

May 19, 2018

Car Dealer Denzel Increases Group Turnover by Twelve Percent

Vienna-based car importer and dealer Denzel sold around 45,000 vehicles in the past fiscal year and increased group sales by 12 percent to over 830 million euros.

May 17, 2018

US Termination of the Iran Agreement: Major Effects on Austrian Exports Expected

The Austrian Federal Economic Chamber fears that the Trump decision will have a massive negative impact on the Iran business of Austrian companies. It will probably be extraordinarily difficult in the future to establish the necessary payment channels for legitimate transactions.

May 17, 2018

Austrian Exports to the Palestinian Territories Better than Ever

Despite the current tensions between the State of Palestine and Austria over the participation of Ambassador Martin Weiss in the US Embassy Opening Ceremonies, the Austrian Foreign Trade Centers Amman and Tel Aviv are planning a Fact Finding Mission to Ramallah and Amman for the second half of 2018. Austrian exports of goods to the Palestinian Territories increased by +108% in 2017.

May 17, 2018

US Embassy Opening in Jerusalem: Palestinian Ambassador to Austria Called Back to Palestine in Protest

The Austrian Ambassador to Israel, Martin Weiss, was one of only four EU Ambassadors (Hungary, Czech Republic, Romania) who participated in the celebrations surrounding the US embassy relocation to Jerusalem. The Palestinian leadership pointed out some time ago that not only the act but also the timing is a violation of international law and relevant UN resolutions, as well as arrogant disrespect. Therefore, the Palestinian Ambassador to Austria, Salah Abdel Shafi, has been called back to Palestine for an indefinite period of time.

May 16, 2018

Meet the Ambassador of the State of Palestine to Austria: H.E. Mr. Salah Abdel-Shafi

H.E. Mr. Salah Abdel-Shafi is the current Palestinian ambassador to Austria and permanent observer to the UN in Vienna.

May 16, 2018

Vienna Energy Forum 2018: Sustainable Energy Provision as a Key to Tackling Poverty

The sixth Vienna Energy Forum 2018 was held from 14 to 16 May, 2018, at the Vienna International Centre (VIC) and the Hofburg Imperial Palace. It was attended by over 1,800 participants from 130 countries, including prime ministers, ministers, high-level government officials, permanent mission representatives, chairs of the regional groups, donors, as well as representatives of the EU, the private sector and development finance institutions.

May 16, 2018

Austrian Airlines Flies Once Again to Tokyo

As of today, Lufthansa subsidiary Austrian Airlines will again be flying directly to the Japanese capital. Due to changed economic fundamentals, the route, which was closed in autumn 2016, appears to be profitable again.

May 15, 2018

Soros Foundations Relocate from Budapest to Berlin

The first Open Society Foundations, founded in Hungary in 1984 by George Soros, also of Hungarian origin, with a founding budget of US$3 million, is now actually withdrawing to Berlin.

May 15, 2018

Austria Ranks Second Among All EU Countries in Investments Growth

Between 2007 and 2017, the ratio of investment to GDP decreased in 24 out of the 28 EU Member States. Apart from Austria, only Sweden and Germany have increased their investment to GDP ratio since 2007.

May 14, 2018

Austria, the OSCE and the Asia Pacific - Effective Multilateralism in a Globalized World

The Austrian Foreign Ministry in the framework of its Chairmanship of the OSCE Asian Contact Group (Afghanistan, Australia, Korea, Japan and Thailand), is organizing a conference on “Effective Multilateralism in a globalized world - The case of Europe and Asia Pacific” at Palais Niederösterreich, Vienna. The conference will focus on multilateral security mechanisms in Europe and the Asia Pacific region, as well as on economic connectivity and co-operation.

May 14, 2018

The Hungarian Foreign Minister's Alleged Evidence of the Existence of the Soros Plan

The ridiculous discussion about the wave of European immigration allegedly steered by the Soros plan is widening as a result of a letter of evidence from the Hungarian Foreign Minister.

May 11, 2018

Fresh Hallstatt Air Instead of Toxic Chinese Smoke

Tens of thousands of tourists from China meanwhile visit Hallstatt in Upper Austria every year. Two companies now offer healthy Hallstatt air in cans to the Chinese and expanded Asian market. The inhabitants and the municipal council of Hallstatt are not thrilled.

May 11, 2018

Iran-Deal Withdrawal: Consequences for Iran-Austrian Economics Relations

About 50 Austrian companies have branches in Iran. Austrian exports to Iran rose by 9.2 percent to 301 million euros in 2017; imports increased by 18.5 percent to 119 million euros. A JCPOA supported only by the EU, Russia, China and Iran is not sufficient in the medium and long term to create the necessary investments and renewals in Iran. Without the US on board, international banks and large companies will continue to shy away from activities in Iran. Secondary sanctions will contribute to this.

May 11, 2018

Trump's Iran Deal Withdrawal Increases Uncertainty for Austrian Companies

Austrian companies react in a wait-and-see manner. The withdrawal of the US from the Joint Comprehensive Plan of Action (JCPOA) with Iran means in practice that the suspension of sanctions will no longer be extended. Considerations range from an immediate halt to activities in Iran to the longest possible active participation within the new sanctions framework. It is unlikely that Austria's exports will reach the 300 million euro mark of the previous year.

May 11, 2018

Iran-Deal - Austrian Oberbank Distances Itself from Framework Credit Agreement with Tehran

Only last year, the Upper Austrian Oberbank was the first European bank to sign a framework credit agreement with Iran. After the USA's withdrawal from the nuclear treaty, the bank is now under pressure and intends to wait and see. The bank says it could certainly take two weeks for a final solution to be found and officially agreed.

May 11, 2018

The Future of the EU: Europe Day Is To Be Given Greater Importance

On Europe Day, one pupil from each member state of the European Union came to the Hofburg for a discussion. More political education in schools and a more comprehensive climate policy are their main demands. "We are 20 percent of the population, but 100 percent of the future."

May 11, 2018

Erotic Art: The Egon Schiele Jubilee Show at the Leopold Museum

The Leopold Museum houses perhaps Egon Schiele's (1890–1918) most important and complete collection of work, featuring over 200 exhibits. One hundred years after the Expressionist's death, the museum is showing a special exhibition entitled "The Jubilee Show".

May 11, 2018

Takeover of Serbian Sugar Producer Sunoko by Agrana on Hold

The takeover of the Serbian sugar manufacturer Sunoko by the Austrian sugar, starch and fruit manufacturer Agrana has failed due to problems on the European sugar market.

May 4, 2018

OMV Group Report Q1 2018: Profit Down 43%, Production Up 30%

Adjusted operating profit amounted to EUR 818 million, up 2% year-on-year. Net income was also in line with forecasts, although net income for the period fell by 43% year-on-year. One of two key events was the signing of a concession agreement for the acquisition of a 20% stake in two fields offshore Abu Dhabi from ADNOC, as well as two satellite fields. The agreed participation fee amounts to USD 1.5 bn and the duration of the contract is 40 years.

May 4, 2018

Hongkong Holding Company Completes Acquisition of Majority Stake in Austrian Lingerie Brand Wolford

Following the acquisition of 50.87% of the shares (for at least €36M) from the previous majority shareholders, Fosun Industrial Holdings Limited (Hong Kong Central) is now the new main shareholder of Wolford. The Hongkong financial investor, which is the investment vehicle of Shanghai based Fosun Group, systematically invests in the global fashion and consumer goods industry, and the management of its growing portfolio in the fashion sector was recently put in the hands of Fosun Fashion Group, which holds stakes in the German Tom Tailor Group and the French luxury brand Lanvin, amongst other holdings

May 4, 2018

Update of Austria's Probe of UN Golan Troops Over Deaths of Syrians

According to media reports, the video, which shows the fatal incident in September 2012 on the Golan Heights, when Austrian blue helmet soldiers sent 9 Syrian security forces into a deadly ambush, was used as a "training film". In parallel with these reports, the former Defence Minister points out that the start of the Syrian Civil War has removed the basis of the UN mandate, which should focus exclusively on monitoring the ceasefire between Syria and Israel.

May 4, 2018

OMV Receives Political Support for €1.3 Billion Purchase of Two UAE Oil Fields

An economic delegation led by Federal Chancellor Sebastian Kurz, with the participation of Margarete Schramböck, Minister of Economic Affairs, OMV CEO Rainer Seele and a small delegation had the main objective of supporting OMV in the concession agreement for the acquisition of a 20% stake in two fields offshore Abu Dhabi from ADNOC.

May 4, 2018

Wolford: Capital Increase of Around EUR 22 Mln Approved, Dr. Junyang Shao is New Chairperson of the Supervisory Board

Today's extraordinary general meeting of Wolford AG resolved to increase the share capital from EUR 36,350,000 to EUR 48,848,227.77 by issuing 1,719,151 new ordinary shares. The issue price (Ausgabebetrag) per new share amounts to EUR 12.80; the total issue price amounts to EUR 22,005,132.80. The new shares have a profit entitlement (Gewinnberechtigung) as of 1 May 2017. The new shares will be issued at a ratio of 20 to 7, i.e. 20 existing shares entitle to subscribe for 7 new shares. The management board was authorized to implement the capital increase by 31 August 2018 and to determine the further details of its implementation.

May 4, 2018