Newsletter: Life in Vienna Has Awakened again

Investing in Vienna: All-time High for the Settlement of International Companies

In 2019, the City of Vienna in cooperation with the Austrian Business Agency (ABA) was able for the eighth time in a row to set a new settlement record with 266 international companies settling in the city. With 25 companies settling in Vienna, the USA came second in the list of the ten most important countries of origin, behind Germany with 61 projects.

Life in Vienna Has Awakened again - The Giant Ferris Wheel Is Turning again

The Giant Ferris Wheel - a symbol for Vienna and tourism - has been turning without interruption since the end of the Second World War and had to be switched off for the first time in over 70 years due to the Corona pandemy. After 80 days, the wheel turns again.

Jewish World Congress and Austria Agree: Hezbollah is a Terrorist Organization

Following the Austrian National Council's decision that the EU should reassess its dealings with Hezbollah, as Austrian MPs see it as a terrorist organisation, the President of the World Jewish Congress, Ronald S. Lauder, welcomed this decision.

Properties for Development in Austria: Location, Location, Location

Property prices in Austria (average property prices and house price index) continued to show high price dynamics last year. The current average prices for plots, houses and apartments for development can be found below.

Austrian Summer Tourism: Total Dependence on Germany

A recent study shows the great dependence of Austrian summer tourism on Germany, especially in the western federal provinces. The situation, which has been further intensified by the corona pandemic, will further increase this certainty.

A New Start for Tourism in Austria: Opening of Accommodation Facilities with up to 65,000 Corona Tests per Week

Austria now wants to present itself as a particularly safe travel destination and is therefore planning up to 65,000 corona tests per week for tourism businesses from the beginning of July. The aim is to give foreign guests a feeling of security. The Austrian National Tourist Office is also preparing intensive advertising campaigns and will have a budget of 40 million euros for this purpose.

Visit to the Western Balkans by Foreign Minister Schallenberg and European Affairs Minister Edtstadler

A trip to the Western Balkans by Foreign Minister Alexander Schallenberg and European Affairs Minister Karoline Edtstadler took the two Austrian People's Party politicians to Albania, Serbia and Kosovo.

Change at the Helm of Statistics Austria - Halt of "Message Control"

German-born Prof. Dr. Tobias Thomas replaces Konrad Pesendorfer, takes over as Co-CEO and becomes Technical Statistics Director General. His first official act is the suspension of advance transmissions of statistical press releases to the Federal Chancellery of Austria (BKA).

The European Forum Alpbach Gets a New Leadership

Bank manager Andreas Treichl is scheduled to take office as President of the European Forum Alpbach in 2021, succeeding Franz Fischler. Already this autumn, Philippe Narval, Secretary General and Managing Director of the European Forum Alpbach, is to hand over the reins to the entrepreneur and investor Werner Wutscher.

New Chief Financial Officer at Allianz Group Austria

German-born Anne Thiel (49) is to take over as CFO of Allianz Group Austria on September 1, 2020. She succeeds Eva Meyer-Schipflinger, who will take over a global management position at Allianz SE in Munich.

Corona Measures: Further Relaxation in Austria - Mandatory Masks Largely Removed from 15 June

From 15 June, the current obligation to protect the mouth and nose will be abolished. What is now permitted and what is not?

Austrian Airlines to Resume Flight Operations on 15 June

After an interruption of almost three months, Austrian Airlines will resume flight operations to selected destinations in Europe and Tel Aviv from mid-June onwards. Since no neighbouring seats will be kept empty in case of demand, bold passengers will again be able to fly to up to 40 destinations by the end of June. For specific destinations, see below.

Museums of the City of Vienna Open Again

After eleven weeks of closure, the museums of the City of Vienna have reopened their doors. These include the Kunsthalle Wien, Wien Museum MUSA and Hermesvilla as well as the Architekturzentrum Wien, Kunst Haus Wien, Jewish Museum, Haus der Musik and Mozarthaus Vienna. Only from July onwards will the Beethoven Museum, the Roman Museum, the Virgil Chapel and the Neidhart Festival Hall be open again.

Coronavirus in Austria: Update

The coronavirus pandemic has also hit Austria, and deaths and infections caused by coronavirus disease 2019 (COVID-19) are still on the rise. New officially confirmed cases of disease are constantly being added. Despite this outbreak in Austria, the situation looks much worse elsewhere. In contrast, however, there are more than 610,797 deaths worldwide due to the Coronavirus (SARS-CoV-2). The Austrian health authorities are networked with the relevant bodies within the framework of WHO and EU membership and are in permanent coordination. The international authorities monitor current developments and address the member countries with the following recommendations.