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Austria's European Heritage Day - Join Them!
Take a closer look at the culture of your host country and take part in the Austrian edition of European Heritage Day 2018. On "Tag des Denkmals (Monument Day)", the Federal Monuments Office invites you on a cultural-historical journey through Austria's monument landscape: numerous listed objects open their doors free of charge, special programme items and guided tours provide a very special view of Austria's cultural heritage and enable you to experience monument protection and preservation.
September 20, 2018
Meet the New Ambassador of the Hashemite Kingdom of Jordan to Austria: H.E. Mrs. Leena Al-Hadid
The new Ambassador of the Hashemite Kingdom of Jordan to Austria, H.E. Mrs. Leena Al-Hadid presented Austrian Federal President Alexander Van der Bellen with her letter of accreditation at the Vienna Hofburg.
September 19, 2018
Meet the New Ambassador of the Kingdom of Denmark to Austria: H.E. Mr. René Dinesen
The new Ambassador of the Kingdom of Denmark to Austria, H.E. Mr. René Dinesen presented Austrian Federal President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.
September 19, 2018
Meet the New Ambassador of the Republic of Estonia to Austria: H.E. Mr. Toomas Kukk
The new Ambassador of the Republic of Estonia to Austria, H.E. Mr. Toomas Kukk presented Austrian Federal President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.
September 19, 2018
Meet the New Ambassador of the Republic of Chile to Austria: H.E. Mrs. Gloria Navarrete Pinto
The new Ambassador of the Republic of Chile to Austria, H.E. Mrs. Gloria Navarrete Pinto presented Austrian Federal President Alexander Van der Bellen with her letter of accreditation at the Vienna Hofburg.
September 19, 2018
Meet the New Ambassador of the Republic of Colombia to Austria: H.E. Mr. Miguel Camilo Ruiz Blanco
The new Ambassador of the Republic of Colombia to Austria, H.E. Mr. Miguel Camilo Ruiz Blanco presented Austrian Federal President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.
September 19, 2018
Meet the New Ambassador of the Republic of Serbia to Austria: H.E. Mr. Nebojša Rodic
The new Ambassador of the Republic of Serbia to Austria, H.E. Mr. Nebojša Rodic presented Austrian Federal President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.
September 19, 2018
Meet the Ambassador of the Kingdom of Belgium to Austria: H.E. Mr. Ghislain D’Hoop
Ambassador Ghislain D’Hoop is officially the new Permanent Representative of Belgium to the international organizations in Vienna. He already presented his credentials to the Director-General of the United Nations Office at Vienna (UNOV), Yury Fedotov, to the Deputy Director-General of the IAEA, Aldo Malavasi, to the General Secretary of the CTBTO, Lassina Zerbo and to Austrian President Alexander Van der Bellen.
September 14, 2018 · Updated: September 17, 2018; 14:00
Meet the New Ambassador of the Republic of Peru to Austria: H.E. Mr. Eric Anderson Machado
The new Ambassador of Peru to Austria and Permanent Representative to the International Organizations in Vienna, Eric Anderson Machado, presented his credentials to the Director-General of the United Nations Office at Vienna (UNOV), Yury Fedotov and to Aldo Malavasi, IAEA Acting Director General, and Head of the Department of Nuclear Sciences and Applications at the IAEA. His presentation to Austrian Federal President Van der Bellen is still on the agenda.
September 17, 2018
Bodyguard - The Musical at the Ronacher in Vienna
On 27 September 2018, the Austrian premiere of the successful international production "Bodyguard" will take place in Vienna's Ronacher, based on one of the greatest blockbusters of all time. Bodyguard replaces the cult musical "Dance of the Vampires", which recently celebrated its acclaimed Dernière.
September 14, 2018
Intercultural Achievement Award Fosters Dialogue Between Cultures
The Austrian Foreign Ministry presented the Intercultural Achievement Award (IAA) for the fifth time. The award honours inspiring projects in civil society that foster intercultural dialogue and coexistence. This time the award for sustainability went to a project from Mozambique. Ambassador Jörg Wojahn, the Representation of the European Commission in Vienna, and Secretary General of the OSCE Thomas Greminger used the dialogue-based work of their own institutions as a starting point and awarded prizes to projects from Ukraine and Tunisia.
September 14, 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.
September 7, 2018
Bosch Austria Boosts Sales by 8% and Invests €120 Million in R&D
During the 2017 fiscal year, Bosch increased its sales on the Austrian market by around eight percent to 1.25 billion euros. "We have achieved record sales. All business sectors contributed to the positive development," said Dr. Klaus Peter Fouquet, sole board member of Robert Bosch AG and representative of the Bosch Group in Austria.
June 14, 2018
Vienna Energy Forum and the R20 Austrian World Summit 2018: Feedback of a Participant
At the Vienna Energy Forum and the R20 Austrian World Summit recently held in Vienna, Beatriz Mayor of IIASA - International Institute for Applied Systems Analysis also participated, who shares her interesting insights as follows.
June 6, 2018
Austria Prepares for the Presidency of the Council of the European Union: ‘A Europe that protects’
On 1 July 2018 Austria takes over the EU Presidency for six months. The Austrian Presidency of the Council of the European Union will focus on three topics: the fight against illegal migration, digitalisation and stability in the neighbourhood.
June 5, 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.
June 5, 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.
June 5, 2018
Van der Bellen in Estonia: Child of Refugees Back in the Motherland of Parents
Austrian Federal President Van der Bellen is on an official visit to the Estonian capital Tallinn. As a child of Russian-Estonian refugees born in Vienna, some melancholic emotions cannot be excluded.
May 30, 2018
Hassan Rouhani Expected in Vienna in Early July
Iranian President Hassan Rouhani (حسن روحانی) will meet his Austrian counterpart Alexander Van der Bellen in Vienna on 4 July according to media reports.
May 30, 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).
May 29, 2018
Austrian Airlines Celebrates 60th Birthday
Austrian Airlines Österreichische Luftverkehrs Aktiengesellschaft was founded on 31 March 1958. This week, 2,500 guests celebrated the 60th birthday of the red-white-red airline in the hangar at Vienna Schwechat Airport.
May 25, 2018
Harald Mahrer: Economic Chamber Has 8 Million Members
In his inaugural speech, the new President of the Austrian Federal Economic Chamber, Mahrer, calls for more leeway for companies and the further development of the social partnership into a partnership for the future and announces an education offensive.
May 25, 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.
May 25, 2018
US Termination of the Iran Agreement: Major Effects on Austrian Exports Expected
The Austrian Federal Economic Chamber fears that the Trump decision will have a massive negative impact on the Iran business of Austrian companies. It will probably be extraordinarily difficult in the future to establish the necessary payment channels for legitimate transactions.
May 17, 2018
Austrian Exports to the Palestinian Territories Better than Ever
Despite the current tensions between the State of Palestine and Austria over the participation of Ambassador Martin Weiss in the US Embassy Opening Ceremonies, the Austrian Foreign Trade Centers Amman and Tel Aviv are planning a Fact Finding Mission to Ramallah and Amman for the second half of 2018. Austrian exports of goods to the Palestinian Territories increased by +108% in 2017.
May 17, 2018
US Embassy Opening in Jerusalem: Palestinian Ambassador to Austria Called Back to Palestine in Protest
The Austrian Ambassador to Israel, Martin Weiss, was one of only four EU Ambassadors (Hungary, Czech Republic, Romania) who participated in the celebrations surrounding the US embassy relocation to Jerusalem. The Palestinian leadership pointed out some time ago that not only the act but also the timing is a violation of international law and relevant UN resolutions, as well as arrogant disrespect. Therefore, the Palestinian Ambassador to Austria, Salah Abdel Shafi, has been called back to Palestine for an indefinite period of time.
May 16, 2018
Austrian Airlines Flies Once Again to Tokyo
As of today, Lufthansa subsidiary Austrian Airlines will again be flying directly to the Japanese capital. Due to changed economic fundamentals, the route, which was closed in autumn 2016, appears to be profitable again.
May 15, 2018
Austria, the OSCE and the Asia Pacific - Effective Multilateralism in a Globalized World
The Austrian Foreign Ministry in the framework of its Chairmanship of the OSCE Asian Contact Group (Afghanistan, Australia, Korea, Japan and Thailand), is organizing a conference on “Effective Multilateralism in a globalized world - The case of Europe and Asia Pacific” at Palais Niederösterreich, Vienna. The conference will focus on multilateral security mechanisms in Europe and the Asia Pacific region, as well as on economic connectivity and co-operation.
May 14, 2018
Iran-Deal Withdrawal: Consequences for Iran-Austrian Economics Relations
About 50 Austrian companies have branches in Iran. Austrian exports to Iran rose by 9.2 percent to 301 million euros in 2017; imports increased by 18.5 percent to 119 million euros. A JCPOA supported only by the EU, Russia, China and Iran is not sufficient in the medium and long term to create the necessary investments and renewals in Iran. Without the US on board, international banks and large companies will continue to shy away from activities in Iran. Secondary sanctions will contribute to this.
May 11, 2018
Trump's Iran Deal Withdrawal Increases Uncertainty for Austrian Companies
Austrian companies react in a wait-and-see manner. The withdrawal of the US from the Joint Comprehensive Plan of Action (JCPOA) with Iran means in practice that the suspension of sanctions will no longer be extended. Considerations range from an immediate halt to activities in Iran to the longest possible active participation within the new sanctions framework. It is unlikely that Austria's exports will reach the 300 million euro mark of the previous year.
May 11, 2018
Iran-Deal - Austrian Oberbank Distances Itself from Framework Credit Agreement with Tehran
Only last year, the Upper Austrian Oberbank was the first European bank to sign a framework credit agreement with Iran. After the USA's withdrawal from the nuclear treaty, the bank is now under pressure and intends to wait and see. The bank says it could certainly take two weeks for a final solution to be found and officially agreed.
May 11, 2018
Takeover of Serbian Sugar Producer Sunoko by Agrana on Hold
The takeover of the Serbian sugar manufacturer Sunoko by the Austrian sugar, starch and fruit manufacturer Agrana has failed due to problems on the European sugar market.
May 4, 2018
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
May 4, 2018
Update of Austria's Probe of UN Golan Troops Over Deaths of Syrians
According to media reports, the video, which shows the fatal incident in September 2012 on the Golan Heights, when Austrian blue helmet soldiers sent 9 Syrian security forces into a deadly ambush, was used as a "training film". In parallel with these reports, the former Defence Minister points out that the start of the Syrian Civil War has removed the basis of the UN mandate, which should focus exclusively on monitoring the ceasefire between Syria and Israel.
May 4, 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.
May 2, 2018
South Korea's LG Electronics Acquires Austrian Automotive Supplier ZKW for €1.1 Bln
South Korean electronics manufacturer LG Electronics is acquiring the Lower Austrian lighting and electronics systems specialist ZKW for more than 1.1 billion euros. It plans to buy a 70 percent stake in ZKW Holding, a supplier to Mercedes-Benz and BMW. Its holding company LG Corp. will purchase the remaining stake for 330 million Euro. LG hopes to expand its position in the automotive lighting sector for self-driving cars. ZKW was previously wholly owned by the entrepreneur Ulrich Mommert.
April 26, 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.”
April 20, 2018
Austrian Minister of Education Demands Clarification from Islamic Community
In connection with the affair over children as soldiers playing war games in a Viennese mosque, Minister Blümel demands further information and clarification of the incidents from the Islamic Religious Community in Austria (IGGÖ - Islamische Glaubensgemeinschaft in Österreich).
April 20, 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.
April 12, 2018
Minister of Economy Visited Huawei and Alibaba During State Visit to China
Federal Minister of Digitization and Business Location Margarete Schramböck signed an agreement to facilitate access to Chinese trading platforms for Austrian companies during the current state visit to China at the Ministry of Foreign Trade and Economic Cooperation (MOFCOM) in Beijing. Global experience shows, however, that one should be cautious with regard to technical cooperation with Chinese and copyright issues.
April 12, 2018
Austrian Airlines: Alexis von Hoensbroech Succeeds Kay Kratky as CEO
Alexis von Hoensbroech is to become the new Chairman of the Executive Board of Austrian Airlines. The current AUA CEO Kay Kratky, whose contract ends in July, is leaving the company.
April 11, 2018
Former US Ambassador to Austria Swanee Hunt Back in Vienna: Can Women Stop War?
Activist, philanthropist, billionaire's daughter, Democrat, Harvard lecturer and former US Ambassador to Austria Swannee Hunt returns to Vienna to be interviewed at the Austrian Institute for International Affairs (oiip) on the subject of "Can Women Stop War?
April 11, 2018
Austria's Capital Market for SMEs on the Brink of a Renaissance
Finance Minister Hartwig Löger plans to revive the Austrian capital market for SMEs by making trading of bearer shares of Austrian companies on the Third Market possible again.
April 11, 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.
April 10, 2018
Fire Brigade Equipment Supplier Rosenbauer: Profit Halved in 2017
Despite a record order intake, the profit of the Upper Austrian firefighting equipment supplier Rosenbauer halved in the 2017 financial year. This was partly due to a slump in demand in the Middle East and North Africa, but also to the recently reported irregularities at a German subsidiary, which led to a write-down of EUR 3.5 million.
April 6, 2018
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.
April 4, 2018
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.
April 4, 2018
Austria's Largest State Visit to China Imminent
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.
April 3, 2018
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.
April 3, 2018
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.
April 1, 2018
