Newsletter: Austria's State Visit Squeezed Between Billion-Euro Deals and China's Soft Power

Austria's Largest State Visit to China Imminent

China

Austria's largest state visit to China to date is about to take place. Four ministers will travel to China from 7 to 12 April with President Van der Bellen and Chancellor Kurz. 170 Austrian companies with a delegation of around 200 people are also on board. The expectation is high that various agreements between Chinese and Austrian companies will be signed.

Money Laundering: RBI Is Fined EUR 2.7 Million

The Austrian Financial Market Authority (FMA) has imposed the highest fine ever imposed by the FMA, i.e. a fine of EUR 2.748 million against Raiffeisen Bank International AG.

Arnold Schwarzenegger in Vienna: The Prodigal Son's Interim Visit

Shortly before his planned heart operation Arnold Schwarzenegger visited Vienna to prepare the second R20 Austrian World Summit, scheduled to take place on May 15, 2018 in Vienna’s Hofburg Palace. Among others the former Governor of California met Austrian Federal President Alexander Van der Bellen and Federal Chancellor Sebastian Kurz to discuss the upcoming summit. Last week Schwarzenegger had undergone emergency open-heart surgery following complications that arose during a planned heart valve replacement.

Leadership Change: Mahrer Follows Leitl as Austrian Chamber of Commerce President

Harald Mahrer, President designate of the WKO Austrian Federal Chamber of Commerce, will take over from acting President Christoph Leitl on 18 May.

Meet the Ambassador of Japan to the International Organizations in Vienna: H.E. Mr. Mitsuru Kitano

H.E. Mr. Mitsuru Kitano is the Permanent Representative and Ambassador Extraordinary and Plenipotentiary of Japan to the International Organizations in Vienna. Just recently Ambassador Kitano together with the host, UNIDO's Director-General Li Yong, attended a joint event for launching UNIDO projects in Etiopia, Iraq, Jordan, Lebanon, Liberia, Nigeria, Somalia, and Syria, after the government of Japan has confirmed that it will contribute over US$5.2 million to projects in these 8 countries.

Meet the Ambassador of Japan to Austria: H.E. Mr. Kiyoshi Koinuma

H.E. Mr. Kiyoshi Koinuma is the Extraordinary and Plenipotentiary Ambassador of Japan to Austria as well as the Extraordinary and Plenipotentiary Ambassador of Japan to Kosovo and Macedonia.

FACC Achieves Sales Record of EUR 750.7 Mln in 2017/18

FACC, the Sino-Austrian aircraft component manufacturer generated preliminary sales of 750.7 million euros, and the order backlog increased to US$ 5.9 billion. On March 19, FACC entered the ATX, Austria's leading index on the Vienna Prime Market, and has since been one of the 25 largest and most traded companies in Austria.

14,000 International Scientists Meet in Vienna to Discuss Earth-related Topics

The largest geosciences meeting in Europe will take place from 8 to 13 April in the Austria Center Vienna (ACV). The EGU (European Geosciences Union) 2018 General Assembly brings together more than 14,000 geoscientists from all over the world into one meeting covering all disciplines of the Earth, planetary and space sciences. This year, for the first time, the EGU is organising an event for the wider public in Vienna.

VIC Strengthens Presence in Hungary and Slovakia

Hungary’s central bank approved the merger of the three VIG Group companies. As a result VIG will be represented in Hungary solely by the insurance company Union Biztosító. In Slovakia, bancassurer Poisťovňa Slovenskej sporiteľne (PSLSP) will merge with Kooperativa poisťovňa.

Otto Wagner: Vienna's World Famous Architect at the Vienna Museum

Otto Koloman Wagner (* 13 July 1841; † 11 April 1918) was Austria's most important architect, architectural theorist and Urban Planner of Vienna in the Belle Epoque and around the Fin de siècle. His Art Nouveau buildings, his university activities and his writings on urban planning helped him to world fame in the 1890s. The Wien Museum devotes a comprehensive exhibit to the architect who turned Vienna into a global metropolis.

Afrika! Afrika! - The André Heller Circus Show Comes to Vienna

André Heller’s circus show blurs the boundaries between dance, acrobatics, live music and video to create a magical stage performance. The ensemble shows the artistic present day as well as the traditional heritage of the African continent: from Ethiopia to Ivory Coast, from Morocco to South Africa.