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Austrian Budget Airline LaudaMotion: Fighting the Top Dog Lufthansa

LaudaMotion is to become a powerful low-cost airline. Ryanair ultimately intends to acquire a 75 percent stake. From June 2018, a total of 65 routes are to be served from Vienna, from seven German airports (Berlin/Tegel, Cologne, Düsseldorf, Frankfurt, Munich, Nuremberg, Stuttgart) and from Zurich to the Mediterranean region and to the Canary Islands.
Relevance: 1.00 · March 30, 2018


New Forum for Deepening German-Austrian Relations: Österreichisch-Deutsches Länderforum

Recently the Österreichisch-Deutsches Länderforum e.V. was founded in Vienna by Dr. Harald Wögerbauer with the intention of offering a platform for deepening German-Austrian relations.
Relevance: 1.00 · May 2, 2018


Asylum Law: Duration of Proceedings at Austrian Supreme Courts Decreases

The duration of proceedings in asylum cases at the two Austrian Supreme Courts, Constitutional Court of Austria (VfGH) and Supreme Administrative Court of Austria (VwGH), is continuously decreasing.
Relevance: 1.00 · April 10, 2018



Opening of the Austrian Consulate General in Chengdu


Austria has set up a consulate general in Chengdu, capital of southwest China's Sichuan Province, with President Alexander Van der Bellen, Chancellor Sebastian Kurz and Foreign Minister Karin Kneissl attending the opening ceremony during their state visit to China. Van der Bellen also expressed his wish for a new male panda bear.
Relevance: 1.00 · April 12, 2018


Austrian Financial Market Authority Is Pleased With Whistle-Blowing System

In 2017 whistleblowers made 158 tip-offs regarding misconduct in the Austrian financial market. The FMA has been operating a special IT-based whistleblowing system since 1 February 2014 that allows the anonymous receipt of confidential information about possible instances of malpractice in supervised entities. FMA Executive Board: “Our whistle-blowing system is an important source of information for the FMA.”
Relevance: 1.00 · April 20, 2018

New Appointments of Austrian Diplomatic Posts Abroad
At its meeting of 25 April 2018, the Austrian Council of Ministers decided to entrust the following Foreign Ministry officials with the direction of Austrian Missions.
Relevance: 1.00 · April 25, 2018 · Updated: January 11, 2019; 17:15


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
Relevance: 1.00 · May 4, 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.
Relevance: 1.00 · June 5, 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.
Relevance: 1.00 · May 25, 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.
Relevance: 1.00 · June 5, 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).
Relevance: 1.00 · May 29, 2018


British-Indian-Austrian Anadi Bank Remains on Growth Course

The former Austrian branches of Hypo Alpe-Adria-Bank International were bought by Indian Investor Sanjeev Kanoria and transferred to British-Indian-Austrian Anadi Bank in 2013. The bank continues its successful growth course in the first half of 2018, although the result from ordinary business activities declined by 37% and profit after tax by 42% compared to the same period of the previous year. The bank describes itself as a bank with the strengths of a tiger. The Anadi Tiger establishes, on the one hand, a symbolic connection to India, on the other hand, he embodies strength, speed, security and flexibility - qualities that the bank expects from itself. Also, Anadi means “eternal” in Hindi and stands for tradition, reliability, and sustainability.
Relevance: 1.00 · September 7, 2018



A Treasure Trove of Knowledge: 650 Years of Austrian National Library


The Austrian National Library is the largest library in Austria, with more than 12 million items in its various collections. The library, one of the country’s most venerable cultural and academic institutions, is currently celebrating its 650th anniversary. During the Austrian Empire, from 1867 in the Austrian-Hungarian Empire, the library was one of the most comprehensive universal libraries in the world when it was named the Vienna Court Library until the end of the First World War.
Relevance: 1.00 · September 24, 2018


What Do You Know About the Austrian Federal President Van der Bellen

Alexander Van der Bellen is an Austrian economist, former politician of the Green Party and since 26 January 2017 ninth Austrian Federal President of the Second Republic.
Relevance: 1.00 · October 4, 2018 · Updated: September 2, 2019; 20:02



Austrian State and Industrial Holding will be Reorganized Again


The holding company of the Austrian federal shareholdings (ÖBIB) is to be restructured and given a new boss. The existing structures created by the red-black predecessor government will soon be history again. The law for a new holding company of the Republic is to be examined in the next few days. Its boss is to be Thomas Schmid, general secretary in the Federal Ministry of Finance.
Relevance: 1.00 · October 3, 2018


What Do You Know About the Austrian National Day?

The Austrian National Day (Nationalfeiertag) has been celebrated annually since 1965 on 26 October, the day on which the decided Austrian neutrality came into force in 1955 and the last occupying powers left Austria. The Parliament, the Office of the Federal President, the Federal Chancellery, the Foreign Ministry, etc. invite the public to the Open Day, which - this year - is dedicated to the commemoration year 1918. The public is invited to contribute their ideas. Take the chance to get to know Austria!
Relevance: 1.00 · October 25, 2018


Tunisian-Austrian Business Relations about to be Expanded

The Austro-Arab Chamber of Commerce (AACC) and the Embassy of the Republic of Tunisia in Austria are organizing a networking event under the general theme "Economic Forum on Tunisia". Representatives of companies and institutions from Tunisia, Austria and other Arab countries are expected on 20 November at the SO/Vienna (former "Sofitel Vienna Stephansdom").
Relevance: 1.00 · October 30, 2018


Austrian-Ukrainian Bilateral Cultural Agreement in Preparation

A new agreement between Austria and Ukraine is to promote cooperation in the fields of art and culture as well as education and science.
Relevance: 1.00 · December 19, 2018


Kazakh-Austrian Economic Relations - Digitization, Housing and the New Silk Road

After the oil price collapse and the significant currency devaluation thereafter, the economic downturn has bottomed out and the Kazakh economy is experiencing a moderate upswing. For 2018, the Kazakh government again expects growth of +4%. The country's priority economic tasks include digitization, housing construction and the New Silk Road Project.
Relevance: 1.00 · February 11, 2019


Austrian State Visit to the Mutually Hostile Countries Japan and South Korea

The two East Asian states, South Korea and Japan, which have been enemies for more than 100 years, are visited by Chancellor Kurz as part of the trip to East Asia. The trip is focusing on the economy, digitisation, education and transport. Meetings with South Korean President Moon Jae-in and Prime Minister Lee Nak-yeon are held in Seoul and with Japanese Prime Minister Shinzo Abe in Tokyo.
Relevance: 1.00 · February 11, 2019



Ryanair's Austrian Subsidiary Laudamotion Renamed to Lauda


The Austrian Ryanair subsidiary, the low-cost airline Laudamotion, has separated from the name "Motion" for marketing reasons and is now called only "Lauda". In addition, the fleet will be expanded and more destinations will be served.
Relevance: 1.00 · March 22, 2019


Opening of the New Austrian Foreign Trade Centre in Vietnam

The Austrian Federal Economic Chamber's largest economic mission to Vietnam and Singapore is currently travelling in Southeast Asia to open a new base in Ho Chi Minh City and to sign a cooperation agreement in Singapore to establish a new Accelerator Programme.
Relevance: 1.00 · May 16, 2019


Austrian Federal Council Approves Reform of Party Financing

One day after the National Council passed its resolution, the new regulation on party financing also passed the Federal Council. The new rules already apply to the upcoming election campaign in summer and autumn 2019.
Relevance: 1.00 · July 9, 2019


How to Marry an Austrian Millionaire?

According to Credit Suisse's Global Wealth Report published today, 4.4 percent or 313,000 of Austrians are dollar millionaires, and each adult Austrian has an average of 247,000 euros ($274,919) in assets.
Relevance: 1.00 · October 21, 2019


What Does No-Deal Brexit Really Mean for British-Austrian Travel Behaviour?

As of March 29, 2019 at 11.00 p.m. (UTC Universal Time Coordinated) or March 30, 2019 at 00:00 (CET Central European Time) the United Kingdom is no longer an EU member and is to be treated as such by Austria. In order to close the legal gaps in the course of a disorderly Brexit, a comprehensive law is in preparation. This law will be subject to numerous amendments in several Austrian ministries. The main areas affected are civil rights (in particular right of residence, social security), transport and customs. In following we look at the effects of the No-Deal-Brexit on travel behaviour.
Relevance: 1.00 · February 13, 2019


Tourism Location - Austrian National Tourist Office Invests in Digitalization

ÖW Österreich Werbung (ANTO Austrian National Tourist Office) sees very good chances in the dynamic of digitisation for the domestic tourism location to assert itself as a quality destination in global competition.
Relevance: 1.00 · March 22, 2019


Austrian Transitional Government Takes Office

President Van der Bellen has sworn in the new ministers Valerie Hackl, Walter Pöltner, Eckart Ratz and Johann Luif.
Relevance: 1.00 · May 22, 2019


European Elections - Who Stands for Election and How Can a Non-Austrian EU Citizen Vote in Austria?

After the political earthquake in Austria and the end of the turquoise-blue government, the EU election on Sunday is eagerly awaited. A decision will be made on 18 EU mandates from Austria. In European elections, EU citizens are entitled to vote in Austria as long as they are registered in the European electoral register.
Relevance: 1.00 · May 24, 2019
Multilateralism: Austrian Delegation at UN General Assembly in New York City

Federal Chancellor Brigitte Bierlein is attending the United Nations General Assembly in New York together with Foreign Minister Alexander Schallenberg and Sustainability Minister Maria Patek. Schallenberg speaks as Austria's representative.
Relevance: 1.00 · September 20, 2019

Austrian Lockdown Continues Until January 24
The initially planned "free-testing" to escape the lockdown will not be possible. The opposition parties have resisted this intention by the government, which now means an extension of the current lockdown until January 24. Whether or not schools will return to their normal operations on January 18 has not been decided yet.
Relevance: 1.00 · January 4, 2021


Czech, Slovakian, Portuguese, and Austrian Foreign Minister Demand EU Accession of Western Balkans

In a meeting of the Slavkov Trio, namely Foreign Minister from Slovakia, the Czech Republic and Austria, and the Portuguese Foreign Minister, EU accession of the Western Balkans were discussed. Additionally, Portugal is currently heading the EU Council and the Portuguese Foreign Minister was therefore able to inform the three others about current issues.
Relevance: 1.00 · March 10, 2021


Austrian National Bank Seeking Successors for Top Jobs

The Board of Governors of the OeNB Austrian National Bank has published a recruitment announcement for the new central bank governor, vice governor and two members of the Management Committee. Applications can be submitted until 5 December, according to the official gazette of the "Wiener Zeitung".
Relevance: 1.00 · November 5, 2018



New Ambassador of Peru Also Accredited by Austrian Federal President


In the meantime, the new Ambassador of the Republic of Peru to Austria, H.E. Mr. Eric Anderson Machado, has handed over his credentials to Federal President Van der Bellen at the Vienna Hofburg.
Relevance: 1.00 · November 7, 2018



Russian Espionage Incident in the Austrian Armed Forces


A colonel of the Austrian Armed Forces is suspected of having worked for decades with a Russian intelligence service. Foreign Minister Kneissl quoted the Russian chargé d'affaires to the Foreign Ministry and cancelled her planned trip to Russia.
Relevance: 1.00 · November 9, 2018



Reception for Holocaust Survivors in the Austrian Parliament: "Never again!"


Rabbi Arthur Schneier from New York, speaking at the reception for Holocaust survivors in parliament, called for a common commitment to "Never again" and to live together in peace and mutual respect.
Relevance: 1.00 · November 9, 2018


Austrian Development Agency Receives More Funds from the Green Climate Fund

The ADA (Austrian Development Agency) reports that after a three-year process at the 21st board meeting of the Green Climate Fund in Manama, Bahrain, the accreditation of the ADA was completed on 20 October 2018.
Relevance: 1.00 · November 12, 2018


Opening of Austrian Cultural Forum Sarajevo - Strengthening of Cultural Ties

104 years after the murder of the archduke Franz Ferdinand of Austria, heir to the Austro-Hungarian throne, and his wife Sophie in Sarajevo, Austria opens the 30th Austrian Cultural Forum in the Bosnian capital. The Cultural Forum (Österreichisches Kulturforum Sarajewo / Austrijski kulturni forum Sarajevo) is part of the network of the Foreign Ministry. The aim is to strengthen the cultural links between South Eastern Europe and Austria.
Relevance: 1.00 · December 4, 2018


What Brexit Means for Austrian Federal Provinces

The economic links between the Austrian provinces and the United Kingdom show that the withdrawal will not only be disadvantageous for the UK, but will also leave its mark on Austria's economy. According to a chart of the Thinktank Agenda Austria, the Austrian federal states whose exports will be hardest hit by the UK's departure are Upper Austria and Styria.
Relevance: 1.00 · November 29, 2018


Afghanistan - Reopening of Austrian Embassy in Kabul in Discussion

At about the same time as the drama about the 16-year-old girl killed by a 17-year-old Afghan in her childrens' room in Steyr took its course in Austria, H.E. Idrees Zaman Deputy Foreign Minister of Afghanistan and Austria's Foreign Minister Karin Kneissl met to discuss the reopening of the Austrian Embassy in Kabul, visa issues and other issues of mutual interest.
Relevance: 1.00 · December 14, 2018



New Austrian Foreign Trade Strategy: Growth, Jobs, Prosperity


In a joint event in the Aula of Sciences, the Federal Government's new foreign trade strategy was presented by Economics Minister Margarete Schramböck, Foreign Minister Karin Kneissl and President of the Chamber of Commerce Harald Mahrer. The key points of the strategy are the following: Perspective, value orientation, location effect, focal points, future orientation, communication, efficient coordination.
Relevance: 1.00 · December 20, 2018


Austrian Foreign Ministry Summoned Ukrainian Ambassador Scherba for Talks

Journalist Christian Wehrschütz has been barred from entering Ukraine for one year. The Austrian Secretary General of the Foreign Ministry Johannes Peterlik and Harlem Désir, OSCE Representative on Freedom of the Media, demand the lifting of the entry ban for ORF correspondent Christian Wehrschütz.
Relevance: 1.00 · March 11, 2019
Kosovo - Austrian KFOR Mission Extension until End 2019


At a time when tensions between Serbia and Kosovo are once again rising due to the dispute over Kosovo's own army, Austria has decided to extend its deployment within the framework of the multinational peacekeeping operation in Kosovo (KFOR) until the end of 2019 with a contingent of up to 600 members of the armed forces.
Relevance: 1.00 · January 11, 2019


Radio Interview with the Austrian Ambassador to the United Kingdom

Rosie MacLeod spoke to Michael Zimmermann, the new Austrian Ambassador to the United Kingdom, about the presidency and Austria's place within the European Union more generally.
Relevance: 1.00 · Rosie MacLeod · January 21, 2019


Austrian Tourism: 45 Mio. Arrivals and 150 Mio. Overnight Stays in 2018 - Germans Return

With 149.75 million overnight stays in Austrian accommodation establishments, a new record was reached in 2018. Compared to the previous year, overnight stays increased by 5.25 million (+3.6%). At +5.0% (56.26 million), the number of overnight stays by Germans rose disproportionately strongly.
Relevance: 1.00 · January 24, 2019


United Nations - Dr. Alexander Marschik Appointed New Austrian Ambassador to the UN Headquarters in NYC

In the context of an extensive replacement of ambassadors in the Foreign Ministry, Dr. Alexander Marschik was entrusted with the direction of the Austrian Mission to the United Nations in New York City. As a diplomat with 4 years of professional experience in New York, it is a return to familiar parquet.
Relevance: 1.00 · January 24, 2019

Current Austrian Ambassador to Israel to Become Top Diplomat in the United States
Ambassador Martin Weiss, the current Ambassador in Tel Aviv and former Speaker of the Austrian Foreign Ministry, will become the new Austrian Ambassador in Washington D.C., USA.
Relevance: 1.00 · January 24, 2019 · Updated: November 7, 2019; 09:12
Austrian Development Cooperation until 2021 - Sustainable Development Reaching People

In the next three years, the Austrian Development Cooperation will focus above all on the promotion of women and local development assistance.
Relevance: 1.00 · January 24, 2019

Austria Appoints 15 New Ambassadors to Austrian Embassies Worldwide
Some top positions in the Austrian diplomatic service were awarded this week. The Council of Ministers of the Austrian Ministry of Foreign Affairs has decided to place new Austrian diplomats at head of following Austrian Embassies worldwide.
Relevance: 1.00 · January 24, 2019


WeWork Cooperation to Facilitate Internationalization of Austrian Start-ups in the USA

The aim of the cooperation between shared workspace provider WeWork and AWS - Austria Wirtschaftsservice is to support innovative Austrian start-ups in their internationalisation in New York and on the US market.
Relevance: 1.00 · April 26, 2019
Irish Ryanair Acquires Austrian Laudamotion Completely

The Austrian Niki-Airline successor Laudamotion has now been taken over 100% by Ryanair. Ryanair last held three quarters of the shares of Laudamotion. No information was given about the price for the remaining 25 percent.
Relevance: 1.00 · January 29, 2019