Newsletter: Investments, Brexit, Saudis, Chinese and the Opera Ball

InvestInAustria - Business Location Initiative Creates Jobs and Prosperity

Investing in Austria

At "InvestInAustria" 100 international companies from 16 countries were represented. Three new investments (Heitec , Port Energy Logistic, Lasertec ) with a total investment volume of 30 million Euro could be secured and will create jobs and added value in Austria. As an output of the previous event, investments amounting to around 380 million euros were made in Austria and more than 450 jobs were created.

Saudi Arabia Closes Controversial Private School in Vienna

Saudi Arabia closes the controversial Saudi School Vienna in Vienna's Landstrasse district. The Embassy of the Kingdom of Saudi Arabia in Vienna sees "better" opportunities for integration into the local community by visiting other schools in Vienna.

Prime Minister of the Newly Named Republic of North Macedonia at the Vienna Opera Ball

Only a few days after the historic renaming of the Republic of Macedonia into the Republic of North Macedonia, Zoran Zaev, Prime Minister of the Republic of North Macedonia, visited Vienna at the invitation of Federal Chancellor Kurz and together they visited the Vienna Opera Ball.

Austrian Citizenship Awarded to Nearly 10,000 Foreigners

The number of naturalisations in Austria in 2018 was 1.9% higher than in the previous year. A total of 9,450 persons were granted Austrian citizenship, including 95 resident abroad. Following an interesting analysis of the different legal grounds for naturalisation.

Kneissl in the Eastern South Asia Countries Bangladesh, Bhutan, India and Nepal

Foreign Minister Karin Kneissl's journey through Eastern South Asia took her via Bangladesh, Nepal and Bhutan to India. The trip focused on bilateral relations between Austria and the individual countries, development cooperation and the expansion of economic activities in the fields of tourism, energy and infrastructure.

Huawei Austria Sponsors Austrian Chinese Business Association

The Chinese technology group Huawei and the ACBA Austrian Chinese Business Association have sealed their cooperation at an evening event entitled "Huawei - Inside & Outside" at the Grand Hotel Vienna. Huawei is disputed internationally because of its 5G wireless network technology and its close connection to the Chinese government. Huawei maintains good business relations with the largest carriers in Austria, A1 Telekom Austria (America Movil), Hutchison Whampoa (Drei Austria) and T-Mobile Austria and supplies them with expensive 5G network equipment. In addition, Huawei will open its first flagship store outside China in downtown Vienna in the summer of 2019.

Austria is Booming with Chinese Tourists - Number of Overnight Stays Six Times Higher

In tourism, China is currently one of the most dynamically growing foreign markets of origin. In the 2018 calendar year, the number of overnight stays by Chinese guests in Austria increased almost sixfold (+491%) compared to 2008, reaching around 1.4 million overnight stays.

EU Citizens in Austria - Vote for Your Austrian MEP at the European Elections 2019

EU citizens who have their main residence in Austria can vote for Austrian members of the European Parliament. Here we show you how this works and who you can choose.

Burger King Austria Acquires Rosenberger Motorway Restaurants

The Austrian franchisee TQSR of the US fast food chain Burger King has purchased 100% of the shares in Rosenberger Restaurant GmbH, which is currently undergoing restructuring, and is financing the 20% quota offered to creditors in the restructuring plan. The transaction value for the 14 Rosenberger Restaurant locations, including the net financial liabilities assumed, amounts to approximately EUR 9 million.

Official Visit of President of Hungary - Criticism of Expansion of Paks Nuclear Power Plant

President János Áder of Hungary paid an official visit to Austria. The main topic of discussion between Áder and Austrian Federal President Alexander Van der Bellen was climate protection.

Barnier Meets the Austrian Government - What's the Point of a Brexit Postponement?

The Brussels chief negotiator for the Brexit, Michel Barnier, visited Vienna for talks with Foreign Minister Kneissl, Chancellor Kurz and Chancellery Minister Blümel. The agenda of the meeting included an exchange on the current state of the Brexit negotiations and the future relationship between the European Union and the United Kingdom.

Benko-Hyatt Project - New Luxury Lifestyle Hotel Opens in Vienna in April 2019

The first Andaz Hotel in Austria, the boutique hotel "Andaz Vienna Am Belvedere" at the new Vienna Central Station, opposite the 21er Haus and the Schweizergarten, next to the park apartments at the Belvedere, is to be opened on 17 April 2019. It is the second project and a 50:50 joint venture between René Benko's Signa Group and Andaz Hotels, an affiliate of Hyatt Hotels Corporation.