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Dubai Expo: Which Austrian Companies Will Benefit from the Exhibition in the UAE?
Expo 2020 Dubai, which will take place in the United Arab Emirates from October 1, 2021 to March 31, 2022, is advertised above all as an opportunity for "Austrian companies to make a lasting impression with their innovative strength and creativity". The fact is that so far apparently only a handful of construction and design-related companies directly involved in the development of the Austrian pavilion financed by Austria are benefiting from the project. Which Austrian companies are involved in the project, you will find out in the following.
April 27, 2021
European Research Council Provides Grants for 12 Austrian Researchers
The European Research Council (ERC) has awarded 12 fellowships for cutting-edge research in Austria. In total the Council is giving out over 200 grants to leading researcher across Europe with a total volume of more than EUR 500 million. The research projects span across various different sectors and sciences.
April 27, 2021
Covid-19 in Austria: Openings Start May 19
The Austrian government headed by Chancellor Sebastian Kurz has announced the opening plans for the near future. On May 19, previously closed sectors such as the tourism, events and sports sector will re-open, while restaurants and schools will also return to "normal" business. Entry requirements will be put in place in order to keep the risk of infection relatively low.
April 26, 2021
Schallenberg Offers Austrian Expertise for Conflicts Around Nile
At the virtual Council of the EU Foreign Ministers, Austria's Alexander Schallenberg and his colleagues discussed the current situations in Belarus and Ukraine as well as the conflicts in Myanmar and Ethiopia. With regard to the ongoing tensions in Tigray around the Nile, Schallenberg offered Austria's expertise with regard to joint management of rivers.
April 22, 2021
Viennese Theater Productions Premiere in Japan
The Viennese theater productions "Mozart!" and "Elisabeth" premiere in Japan despite the Covid-19 pandemic. The two musicals will be staged numerous times in various cities in Japan and show the interest of the Japanese population in Austrian theater productions.
April 22, 2021
Austrian EU Commissioner Hahn Presents Funding for NextGenerationEU
The Austrian EU Commissioner for Budget and Administration Johannes Hahn has presented the "engine" of the NextGenerationEU economic recovery plan. NextGenerationEU will offer grants and loans to the member states with a total volume of EUR 800 billion by 2026. Austria will receive around EUR 3.5 billion.
April 21, 2021
Eurochambres President Leitl: Focus on Digital Skills, Education and Qualification
At a meeting with EU Commissioner Mariya Gabriel, the Austrian Eurochambres head, Christoph Leitl, and Austrian Chairwoman of the Eurochambres Women Network, Martha Schultz, demanded focus on digital skills, education and qualification of the EU education program Erasmus+ for European reconstruction.
April 21, 2021
Batet Lamaña and Sobotka Discuss Spanish-Austrian Relations
The President of the Spanish Chamber of Deputies Meritxell Batet Lamaña and her Austrian counterpart, National Council President Wolfgang Sobotka held a virtual exchange on Covid-19, the fight against terrorism and anti-Semitism as well as numerous foreign policy issues.
April 20, 2021
Extension of Austria's Internationalization Program "go-international" Announced
Austrian Economics Minister Margarete Schramböck and President of the Austrian Federal Chamber of Commerce (WKO) Harald Mahrer extend the joint internationalization offensive "go-international" and provide EUR 25.6 million for the next two years. The funding will focus on the areas of innovation and technology, value chains and digitalization.
April 20, 2021
Bosnia and Herzegovina's Parliament Presidium Meets Austrian Counterpart
The Presidium of the Parliament of Bosnia and Herzegovina met virtually with Austria's President of the National Council to discuss the accession process of Western Balkan states to the EU, current developments in the Covid-19 pandemic and other issues. Sobotka made clear that Bosnia and Herzegovina has Austria's full support during the accession process.
April 19, 2021
Austrian Companies Develop Innovations for Africa
On the occasion of the "Africa Innovation Challenge 2021" organized by Advantage Austria - Aussenwirtschaft Austria, several Austrian companies have developed innovative solutions to solve societal challenges in Africa's dynamic markets. At the World Summit Award (WSA), five projects have been selected champions by an international jury.
April 19, 2021
Austria Increases Turnover Loss Bonus
Companies, which are experiencing significant revenue shortfall due to the ongoing Covid-19 crisis, can now submit their applications for the Austrian turnover loss bonus for the months of March and April. The total amount available for companies has been increased to EUR 80,000 per month.
April 16, 2021
North Macedonia's Deputy Prime Minister Visits Edtstadler in Vienna
Nikola Dimitrov, Deputy Prime Minister for European Affairs from North Macedonia, has visited the Austrian Minister for European Affairs, Karoline Edtstadler, in Vienna. On the agenda of the talk between the two politicians were the EU accession process of North Macedonia and the fight against the Covid-19 pandemic.
April 16, 2021
Austrian Foreign Ministry Celebrates Girls' Day with Live Talk
On April 22, 2021, interested girls in 5th grade and above will have the opportunity to learn more about the different tasks and careers within the Austrian Foreign Ministry and in Foreign Service. Registration is possible until April 20, 2021, and the live talk will take place between 11 am and 12 pm on April 22.
April 15, 2021
Mückstein Becomes New Austrian Health Minister
After the resignation of former Austrian Health Minister Rudolf Anschober, Wolfgang Mückstein has been presented as the successor. The general practitioner and head of the primary care center in Vienna will be sworn in on Monday, April 19, by President Alexander Van der Bellen.
April 14, 2021
Demand for More Artificial Intelligence in Austrian Economy
According to a study by the Boston Consulting Group (BCG), only 12 percent of Austrian businesses use artificial intelligence in their operations. For Alfred Harl, representative of the Austrian Federal Chamber of Commerce in this particular sector, Austrian companies will need to stay up to date with regard to new technologies and not be "left behind in the strong international environment."
April 14, 2021
New York Architecture Firm to Design New Central European University Campus in Vienna
CEU has commissioned the U.S. architectural firm Kohn Pedersen Fox Associates (KPF) to renovate and develop those Otto Wagner-designed pavilions that will form the future CEU campus. KPF President James von Klemperer is an Austrian citizen. The final site of the Central European University at the Otto Wagner site is scheduled to open in 2025.
April 13, 2021
Austria Works on Comeback Plan for Life After Covid-19
Although the Covid-19 crisis might still be very present currently, the Austrian government already tries to prepare for economic reconstruction. Chancellor Sebastian Kurz and Vice-Chancellor Werner Kogler have presented a plan, which comprises the primary goals of increasing employment, digitally and ecologically transforming the economy and improving Austria as a business location.
April 13, 2021
Rail Connection Vienna - Salzburg Maintains Regular Intervals
The Austrian Climate Protection Ministry has once again ensured regular intervals for the rail connection between Vienna and Salzburg. The important connection, which is offered by the Austrian Railways (ÖBB) and Westbahn, is one of the most important rail connection in Austria and will thus be offered in regular intervals until July 4 due to an emergency award.
April 9, 2021
"Fixing the Future": Austria's Foreign Ministry Searches For Innovative Ideas
Together with the cultural broadcaster Ö1, Austria's Foreign Ministry and its network of Austrian representations abroad is searching for innovative ideas that could solve global problems. The possible admissions can relate to various contexts, among them are problems in technology, environment, business, and social issues.
April 9, 2021
Austrian Unemployment Decreases in March
The number of unemployed Austrians has decreased significantly in March compared to the previous month. About 56,000 fewer people have been reported unemployed, while the number of people in training at the Austrian Arbeitsmarktservice (AMS) has increased. This is likely due to the recent measure, which provides training priorities in areas where there is a particular demand for qualified workers.
April 7, 2021
New Train Connection Between Prague and Vienna
The former, so-called "Vindobona" train connection between Vienna and Prague could be soon reinstated again. Talks between Austrian and Czech politicians have been positive for a connection between the two countries' capital cities, which would especially benefit Austrians from the Waldviertel, a region in the northwest of Lower Austria.
April 7, 2021
WKO Heads: "We Cannot Afford a Pause in Vaccination"
The heads of the Austrian Federal Chamber of Commerce (WKO) are delighted about the possible acquisition of the Russian Covid-19 vaccine "Sputnik V" by the Austrian government. Furthermore, they hold on to their idea of using companies for vaccination programs, similar to the implementation with in-company testing.
March 31, 2021
Covid-19 in Austria: Anschober Demands Responsibility from Austrians
Austria's Health Minister Rudolf Anschober demands from the Austrian population to refrain from traveling, avoid physical encounters and comply with protective measures around Easter. Since many people want to spend Easter with their loved ones, the already critical situation in many hospitals could worsen by irresponsible behavior during the holidays.
March 30, 2021
Libya's Foreign Minister Holds Talk with Schallenberg
The Foreign Minister of Libya's transitional government, Najla El Mangoush, had a telephone conversation with Austrian counterpart Alexander Schallenberg. In the talk, Libya's Foreign Minister expressed her optimism for the future developments in Libya, while Schallenberg assured her of the EU's continued support for the country.
March 26, 2021
Austrian Airlines Continues Restructuring Process
Austrian Airlines has announced to further their restructuring process. The company will be cutting more than 650 jobs by 2023, while reducing the fleet once more. CEO Alexis von Hoensbroech: "The pandemic is taking much longer than expected. For this reason, we are now taking additional measures to secure the future of our Austrian Airlines in the long term."
March 26, 2021
Austrian Companies Join Largest European Technology Initiative
Austrian companies AT&S, Infineon Austria and NXP Semiconductors Austria are joining the IPCEI Microelectronics. The total investment volume of the Europe-wide project amount to no less than EUR 8.4 billion. Federal Ministers Gewessler and Schramböck are excited about the opportunity for Austria to make an impact in European digitalization.
March 25, 2021
Austrian Government Gives Starting Signal for "Horizon Europe"
The Austrian government has set its political, social and economic goals for the new EU’s research and innovation framework programme "Horizon Europe". Several ministers and experts have met in order to discuss Austrian expectations from the EU's new program, which will be running from 2021 until 2027.
March 25, 2021
Austrian Airlines Resumes Operations with London and Tel Aviv
After the landing ban for passengers from the United Kingdom imposed by the Austrian government and the generally difficult air traffic situation with Israel in recent weeks, travel to London and Tel Aviv can now once again be offered by Austrian Airlines. Connections to China will, however, be suspended until April 9, 2021.
March 24, 2021
Covid-19 in Austria: Regional Restrictions Are Expected
Although no concrete measures were announced at the press conference on Monday, March 22, the Austrian government gave hints as to where the situation in Austria might be going. Regional restrictions are expected for the provinces and districts with high 7-day incidences, especially for the provinces Vienna, Lower Austria and Burgenland.
March 23, 2021
World Water Day: Austria Promotes Access to Clean Water
On the occasion of World Water Day 2021, Austria's Foreign Minister Alexander Schallenberg and Managing Director of the Austrian Development Agency (ADA) Martin Ledolter stay committed to promoting access to drinking water in different countries around the world. Funds of almost EUR 7 million will be provided for projects in Ethiopia, Moldova and other countries.
March 23, 2021
Two of Austrian Biggest Commercial Real Estate Companies Could Turn to One
The Austrian commercial real estate company Immofinanz AG has decided to make a voluntary public takeover offer for the s Immo AG. The two companies have considered a merger in the past, but the intentions never succeeded. Whether or not the public takeover offer will be going through this time depends on the General Meeting of s Immo and antitrust approvals.
March 18, 2021
Austria Stays Committed to Humanitarian Aid in Africa, the Middle East and Ukraine
Austria's Federal Government has decided to release the largest disbursement from the Foreign Disaster Fund for humanitarian aid in Africa, the Middle East and Ukraine. Around EUR 13.5 million will be made available to Austrian NGOs providing aid in Uganda, Ethiopia, Mozambique, Burkina Faso, Lebanon, Jordan, and the eastern Ukraine.
March 18, 2021
High-Level Exchange on the "European Battery Alliance" with Austrian Participation
Austria's State Secretary at the Ministry of Technology, Magnus Brunner, participated in a high-level discussion on the "European Battery Alliance", which focused on the goal of making Europe an important and global player for battery innovation. Austria will be investing EUR 45 million in the project, while Austrian companies add another EUR 110 million.
March 17, 2021
Austrian Foreign Trade: Covid-19 Pandemic Takes its Toll
Austria's imports and exports both declined heavily in 2020. A year characterized by the Covid-19 pandemic, the total value of imports decreased by around 9 percent compared to 2019, while Austrian companies exported 7.5 percent less than the year before. In total, imports and exports resulted in a trade balance deficit of around EUR 2 billion.
March 15, 2021
Vorarlberg Eases Lockdown on March 15
The model region Vorarlberg will start the easing of its lockdown on March 15. Opening steps as announced by the Austrian Health Minister and Vorarlberg's Governor include the sectors of restaurants, youth sports, events and self-help groups. The whole project will be accompanied scientifically.
March 10, 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.
March 10, 2021
Crisis in Yemen: "Humanitarian Aid is Vital for Survival"
In order to alleviate the humanitarian crisis in Yemen, the Austrian government has decided to provide EUR 3 million for the malnourished and diseased people from Yemen. The funds will be provided to the International Committee of the Red Cross, which is currently working in Yemen to better the situation for the Yemeni population.
March 9, 2021
EC Supports 7 Austrian Projects to Boost Economic Growth
The European Commission (EC) will support seven Austrian projects under the Technical Support Instrument (TSI). In total 226 projects in all of the 27 EU Member States were approved to receive funding, which will attempt to design and implement national reforms to boost economic growth in the respective countries.
March 5, 2021
Online Pre-Travel Clearance for Austrian Borders Successful
Since January 15, 2021, the electronic pre-travel clearance for travelers who want to enter Austria has been used more than 700,000 times. Although analogous forms can be submitted in exceptional cases, the online pre-registration has taken over and saves a lot of resources, which can be used for contact tracing and other measures, according to Austria's Health Minister Rudolf Anschober.
March 4, 2021
Vienna Welcomes New Ambassadors from Spain, Kazakhstan, Ireland, Ghana, Argentina and Afghanistan
Austrian Federal President Alexander Van der Bellen welcomed the six newly accredited Ambassadors of the Kingdom of Spain, the Republic of Kazakhstan, the Republic of Ireland, the Republic of Ghana, the Argentine Republic and the Islamic Republic of Afghanistan to Austria to the Presidential Chancellery of the Vienna Imperial Palace for the presentation of their letters of accreditation.
March 4, 2021
Vienna Stock Exchange: EVN Replaces Telekom Austria in ATX
The semi-annual review of the Austrian leading index ATX has shown a change in the composition. EVN AG will replace Telekom Austria AG. Furthermore, voestalpine AG is included in the ATX five, which comprises the five largest listed companies, instead of Raiffeisen Bank International AG.
March 3, 2021
British Speaker of House of Commons Meets Sobotka
The Speaker of the House of Commons in the British Parliament, Sir Lindsay Hoyle, met virtually with his Austrian counterpart, National Council President Wolfgang Sobotka, to discuss the fight against the Covid-19 pandemic as well as other issues. The two politicians exchanged views and ideas on parliamentary security and the fight against anti-Semitism.
March 3, 2021
Austrian Minister for Economics Met German, Swiss and Liechtensteiner Counterpart
At the Quadrilateral Meeting between the Ministers of Economy from Austria, Germany, Switzerland and Liechtenstein, the topics comprised the impact of the Covid-19 pandemic on national and international economies, global trade policy and digitalization in Europe's single market system.
March 3, 2021
Covid-19 in Austria: Slight Easing of Regulations
The Austrian government has announced some new regulations with regard to the Covid-19 situation in Austria. The province of Vorarlberg will be facing relaxations of the current regulations as early as March 15, while the rest of the country will need to wait until the end of March and April for the opening of gastronomy and the cultural sector.
March 2, 2021
Distribution of Free Corona Self-Test in Austrian Pharmacies Starts: How It Works and Who Will Receive It
As of March 1, the free test offer will be gradually expanded with free self-tests in pharmacies. Up to five free tests are available per person per month. But not every person living in Austria is eligible to receive them. Following are the details.
March 1, 2021
WIFO Director Badelt Sees Climate Issue as "Biggest Problem for Austrian Economy"
The Austrian Institute of Economic Research (WIFO) director Christoph Badelt emphasizes the need for public discussion of the current climate crisis and demands a "comprehensive transformation process" driven by Austria's Environment Minister Leonore Gewessler in order to battle the ongoing climate change.
February 26, 2021
Austrian Airlines: "Clear Focus on Tourist Destinations in Summer 2021"
Resumption of more than 20 destinations, up to 150 flights per week to vacation destinations in midsummer and the inclusion of the Vienna-Hanover connection in the 2021 summer flight schedule are in preparation.
February 25, 2021
Free Covid-19 Take-Home Tests Start March 1
Starting from March 1, another Covid-19 test opportunity will be available for Austrians. Pharmacies will offer five free take-home antigen tests per person per week. In addition to the free tests conducted at more than 900 pharmacies, testing conducted at Austrian businesses, and various testing lanes, the take-home tests will be yet another opportunity of self-assessment.
February 25, 2021
Austrian Foreign Ministry: New Appointments to 30 Senior Diplomatic Positions Worldwide
The Austrian Ministry of Foreign Affairs (Bundesministerium für europäische und internationale Angelegenheiten) under the guidance of Foreign Minister Alexander Schallenberg has decided in today's meeting of the Council of Ministers the new appointments of several (30) Austrian representative authorities - as follows.
February 24, 2021
