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Australia

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

Novomatic Takeover of Australian Rival Delayed

The planned investment of the Lower-Austrian gambling group Novomatic in the Australian rival Ainsworth Game Technology has been delayed. Ainsworth will postpone general assembly scheduled for June 3 by up to 30 days. It is at the meeting that shareholders are supposed to approve the deal.

May 25, 2016

Constantia Flexibles Acquires SE Asian Labels Producer Pemara

Constantia Flexibles Group strengthens its position in the Southeast Asia labels market by acquiring the Australian company Pemara Labels Group. The parties agreed not to disclose any financial details and the transaction is expected to close in the next few months. Pemara operates four plants in Australia, Malaysia, Vietnam and Indonesia, along with sales offices in Sydney (Australia) and Manila (Philippines).

December 1, 2015

Cost of Living Rankings: CEE Capitals Cheaper, Vienna is 32nd Most Expensive City

The Mercer's 2014 Cost of Living Rankings have been published and cover 211 cities across five continents. While Western European cities have all risen in the rankings mainly due to the strengthening of the Euro against the US dollar, most cities in Central and Eastern Europe (CEE), however have fallen in the ranking as a result of local currencies depreciating against the US dollar. Bratislava (#84), Prague (#92), Kiev (#98), Ljubljana (#116), Zagreb (#120), Budapest (#135), Warsaw (#142), Belgrade (#184).

July 25, 2014

China to Acquire Ukrainian Farmland

In the coming fifty years crops are supposed to be grown and animals should be bred in the Ukraine for the Chinese market.

September 23, 2013

Austrian Zumtobel Sells Factory in Australia

Because of abandoning of a business area, Tridonic, affiliate of Austrian light producer Zumtobel, sells its magnetic plant in Melbourne.

August 21, 2013

OMV: Major Gas Discovery in Australia

Successful appraisal of the Zola gas discovery offshore Australia.

July 16, 2013

Austria: Special Commission to Trace Tax Evaders

Finance Minister Maria Fekter announced the establishing of a special commission which is supposed to use data distributed by the US tax authority.

May 23, 2013

Vienna: One of the Most Innovative Cities

According to a ranking by the Australian agency 2thinknow, Vienna is the most innovative city in Europe and scored 3rd place in the cities worldwide, succeeding Boston and New York.

March 22, 2013

Strabag and Rio Tinto Enter into Exclusive Partnership

Cooperation between the Austrian construction group and the Australian mining group in research & development. Two phases: field trials and exclusivity period-

February 22, 2013

Contract award for tolling system in Sydney

Kapsch TrafficCom achieved a contract in Australia. The value for implementation reaches AUD 10 million (about € 8.5m)

August 28, 2012

Austrialian Mining Company Plans to Exploit Lithium in Austrian Alps

Global Strategic Metals NL plans a site with an investment volume of € 125m in Austria. For Austria, the lithium deposits would be a „highly strategic asset“.

June 9, 2012

Bene Expands in Asia

The Austrian manufacturer of office furniture founded a joint venture together with the Singapur-based Ollo Group. Bene aims for entering new markets successfully.

February 24, 2012

Styrian Mining Company Causes Problems for Austrian Banks

The Austrian mining company Decometal has debts reaching € 250m. Now, the company will be restructured. Loans must be extended.

December 28, 2011

Red Bull Intends to Enter China

The Austrian energy drink producer has concluded the technical test phase. The market entry into China is now within splitting distance.

September 27, 2011

East Coast Minerals Reaches Milestone in Lithium Project

Exploration and mining licenses for the lithium deposit in Carinthia have been transferred to the Australian company.

September 14, 2011

ADX: Sidi Dhaher Well Spudded

The Austro-Australian oil and gas exploration and appraisal company started drilling operations for the Tunisian exploration well.

August 29, 2011

ADX Buys Back 20% Interest in Lambouka

The Austro-Australian oil and gas exploration and appraisal company increases its interest in the Tunisian prospect area to 50%.

August 17, 2011

ADX Energy to Start Oil Drilling in Tunisia

The Tunisian army will guard the drilling project of the Austro-Australian oil and gas exploration and appraisal company at the Sidi Dhaher well.

June 10, 2011

Renaissance for Carinthian Lithium

A currently closed lithium mine in Carinthia will be reopened by an Australian company after its acquisition for a price of € 9.25m. It is the largest deposit in Europe.

May 30, 2011

OMV Announces Major Gas Discovery in Australia

OMV has discovered gas on the North West Shelf of Australia in the Zola-1 exploration well. This represents one of the largest gas discoveries by the company.

April 14, 2011

Bene Intensifies Activities in Asia and Australia

The Austrian office furniture manufacturer expands foreign operations. International sales are now conducted by Søren Trampedach.

March 30, 2011

Nufarm Expands its Site in Upper Austria

The Australian manufacturer of pesticides is expanding production capacity at Linz.

March 12, 2011

Austrian Economic Chamber pursues contacts in New Zealand

A business delegation led by WKÖ President Leitl visits New Zealand and Australia to strenghten economic relations.

February 22, 2011

Australian Mining Company Seeks to Extract Lithium

Europe's largest lithium reserves are considered to be in the Austrian Alps. There is already interest for its extraction in Australia.

February 12, 2011

ADX Energy Ltd Continues Operations in Tunisia

The Australian/Austrian ADX Energy Limited (ASX:ADX) announced to continue its operations in Tunisia

January 19, 2011