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How the Austrian Development Agency Assists in Post-Soviet Conflicts in the South Caucasus
Since the collapse of the Soviet Union, the South Caucasus states of Armenia and Georgia have been searching for a new political and social identity. The trend goes in the direction of Europe. The EU and Austria are standing by with support.
April 4, 2022
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Armenia and Austria Strengthen Bilateral Ties
Foreign Minister Schallenberg is visiting Armenia in an attempt to strengthen bilateral ties. Read about Austrian-Armenian relations and Schallenberg's trip, which includes meetings with Armenian Prime Minister Nikol Pashinyan and Foreign Minister Ararat Mirzoyan.
February 2, 2022
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Opec and Non-OPEC Members Agree Further Gradual Increase in Oil Production
At the 25th OPEC and non-OPEC Ministerial Meeting (ONOMM), the oil-producing countries decided upon a gradual increase in oil production for March. Read about this and the other decisions made at the meeting.
February 2, 2022
Nehammer on First Trip to Brussels as Chancellor: "I'm an Ardent European"
Chancellor Nehammer made his first trip to Brussels for the European Council and the EU Eastern Partnership Summit. There he met with the other heads of state and government of the EU member states, as well as EU Commission President Ursula von der Leyen. Read what Nehammer discussed on the trip.
December 16, 2021
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OSCE Summit in Stockholm: Russian Foreign Minister Sergey Lavrov Meets Austria's Linhart
Amid growing tensions between Russia and Ukraine, Russian Foreign Minister Sergey Lavrov is meeting with Foreign Minister Linhart at the annual Ministerial Council of the Organization for Security and Cooperation in Europe (OSCE) in Stockholm, Sweden. Read about their meeting as well as Linhart's agenda for the summit.
December 2, 2021
Vienna Welcomes New Ambassadors from Sweden, New Zealand, Chile, Kyrgyzstan, Azerbaijan, Latvia, Maldives and Barbados
Austrian Federal President Alexander Van der Bellen welcomed the eight newly accredited Ambassadors of the Kingdom of Sweden, New Zealand, the Republic of Chile, the Kyrgyz Republic, the Republic of Azerbaijan, the Republic of Latvia, the Republic of Maldives, and Barbados to the Presidential Chancellery of the Vienna Imperial Palace for the presentation of their letters of accreditation.
September 17, 2021
New Ambassador of the Republic of Azerbaijan Presents Credentials
The new Ambassador of Azerbaijan to Austria, H.E. Mr. Rovshan Sadigbayli, presented his credentials to the President of Austria, Alexander Van der Bellen. He is also the Permanent Representative of Azerbaijan to the International Organizations in Vienna. Learn more about the new ambassador.
September 17, 2021
Covid-19 in Austria: These Are the Updated Entry Rules
Due to today's amendment of the Austrian "COVID-19 Entry Regulation 2021", we bring you an update on the regulations for entering Austria.
July 20, 2021
On Behalf of EU: Lithuanian, Romanian and Austrian Foreign Ministers Travel to South Caucasus
The Foreign Ministers from Lithuania, Romania and Austria have visited the South Caucasus countries Azerbaija, Armenia and Georgia on behalf of EU External Relations Commissioner Josep Borrell. Read everything about the details of the trip below.
June 28, 2021
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Weekly Briefing: Belarus Faces Harsh Criticism
After the forced landing of a passenger plan and the arrest of an anti-government blogger, the international community, among them a number of Austrian politicians, demand strong sanctions for the authoritarian regime. Find out more about this week's developments.
June 4, 2021
Liechtenstein's and Azerbaijan's Foreign Minister in Vienna
The discussions between the two respective Foreign Ministers from Liechtenstein and Azerbaijan with Austria's Alexander Schallenberg focused on the bilateral relations and the Nagorno-Karabakh conflict.
May 28, 2021
New IOM Regional Director Renate Held Presents Credentials at UN Vienna
The new Permanent Representative of the International Organization for Migration (IOM) to the United Nations, Renate Held, presented her credentials to the Director-General of the United Nations Office at Vienna. The IOM has offices in 19 countries and territories in the "South-Eastern Europe, Eastern Europe and Central Asia Region" (SEEECA) including sub-regional offices in Central Asia and the Western Balkans.
July 22, 2020
Nuclear Safety: Nuclear Weapons, Nuclear Safety and Nuclear Power are Major Challenges
The international community currently faces numerous challenges in the field of nuclear safety. At the ICONS - International Conference on Nuclear Security Conference of the IAEA in Vienna, these issues were discussed at policymaker level.
February 13, 2020
Leaders Discuss Azerbaijani-Armenian Nagorno-Karabakh Conflict in Vienna
The President of the Republic of Azerbaijan Ilham Aliyev and the Prime Minister of the Republic of Armenia Nikol Pashinyan met in Vienna for the first time under the auspices of the Co-Chairs of the OSCE Minsk Group to discuss the settlement of the Nagorno-Karabakh conflict. The two heads of state also met with Austrian President Van der Bellen and Austrian Federal Chancellor Sebastian Kurz.
April 5, 2019
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Eastern Partnership Youth Conference "Youth for Entrepreneurship" Opened in Vienna
Young people (between 18-30 years) from the EU’s Eastern Partnership countries (Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine), interested in developing an entrepreneurial idea or social enterprise, are discussing in Vienna the state of youth entrepreneurship in the partner countries and learn about EU and national programmes for youth entrepreneurship as well as what steps to take to become a young entrepreneur.
November 9, 2018
Karin Kneissl at the Foreign Affairs Council - Khashoggi, Libya, Venezuela and the Eastern Partnership
Foreign Minister Karin Kneissl met with Federica Mogherini and the other EU Foreign Ministers at the Foreign Affairs Council in Luxembourg to discuss the situation in Libya, migration issues, the EU's Eastern Partnership, and the case of the missing Washington Post columnist Jamal Khashoggi.
October 16, 2018
State Visits from Azerbaijan and Turkmenistan in Context of Austria's OSCE Chairmanship in 2017
Michael Linhart met Deputy Prime Minister and Foreign Minister of Turkmenistan Rashid Meredov and Deputy Foreign Minister of Azerbaijan Araz Azimov in Vienna. “Azerbaijan and Turkmenistan are important partners for Austria in the context of its OSCE Chairmanship in 2017”
February 12, 2016
Euromoney Names UniCredit-Bank Best Bank in CEE
Euromoney has presented UniCredit with nine awards for excellence, including Best Bank in Central Eastern Europe, Best Debt House in Central Eastern Europe and Best Transaction Services House in Central Eastern Europe.
July 14, 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
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BSH Vienna is Partially Taken Over by German BSH Group
With the goal of strengthening its international market presence, the TROX Group acquired parts of BSH Group.
May 31, 2014
World Bank Supports Financial Reporting in CESEE
The World Bank launched a new program to strengthen corporate financial reporting in the countries of the EU’s Eastern Partnership.
October 3, 2013
Austria: Harsh Blow for OMV
The pipeline “Nabucco”, a project with Austrian energy enterprise OMV taking the lead, will not receive gas from the gas field Sha Deniz II. This was announced by the mineral oil company on Wednesday.
June 26, 2013
Nabucco: Decision Will Be Announced by Mid-2013
The Shah Deniz II consortium will announce its decision on the pipeline project in June, Nabucco´s CEO Reinhard Mitschek says.
January 21, 2013
Shah Deniz Consortium to Enter Nabucco Project
Today, the Nabucco´s shareholders and the Shah Deniz Consortium agreed on a joint declaration.
January 10, 2013
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New Hope for Nabucco
The gas pipeline project is said to get a new major shareholder. In case of the entry of the Shah Deniz II consortium, Nabucco´s utilization would be secured.
December 22, 2012
OMV Considers Joining Tanap
The Austrian oil and gas company intends to invest up to $ 7.0bn in the Turkish-Azeri project.
September 25, 2012
New Hope for Nabucco West
The Aseri Minister of Energy Natik Aliyev thinks that Nabucco West would be better than the rival project TAP.
July 27, 2012
Austria´s Fischer Absolved State Visit in Armenia
The Austrian President Heinz Fischer met his Armenian counterpart Serzh Sargsyan. Both heads of states agreen on deepening economic and cultural relations.
June 28, 2012
„Nabucco Will Die A Hundred Times“
OMV´s CEO Gerhard Roiss promotes the new „Nabucco West“ project and underlines the high probability of success.
June 14, 2012
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„Nabucco Is Still an Option“
Elshad Nassirov, Vice-Chairman oft he Azerbaijani gas company Socar, argues that BP´s statement about Nabucco was premature.
May 29, 2012
BP: „Nabucco is Dead“
British Petroleum pronounces the initial Nabucco project dead. RWE supports the new version “Nabucco West”.
May 25, 2012
“Nabucco West” Submits Proposal
The proposal for the downsized “Nabucco West” Scenario was submitted to Shah Deniz II Consortium.
May 18, 2012
Another Setback for Nabucco
The German RWE considers leaving the natural gas pipeline consortium. Also the Hungarian MOL will exit.
May 16, 2012
Nabucco: Azerbaijan´s Nassirov Optimistic
Elshad Nassivor, Vice CEO of the Azerbaijani oil and gas group Socar is optimistic to create a connection with Austria´s gas hub in Baumgarten.
May 5, 2012
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Downsizing of Nabucco Plans
The companies behind the proposed 3,900km Nabucco pipeline that would carry natural gas from the Caspian region to Europe have pitched a slimmed-down version of the project.
March 16, 2012
Nabucco: Costs Could Grow Further
The pipeline consortium Nabucco checks whether the project becomes more expensive than expected. Costs of € 15bn are forecasted.
March 3, 2012
Merger of Nabucco-TANAP Discussed
Members of the gas pipeline projects Nabucco and TANAP talk about a merger in Vienna. The Turkish Minister of Energy participates therein.
February 28, 2012
Decision on Nabucco Again Postponed
The natural gas consortium „Shah Deniz II“ postpones its decision by one year. OMV´s CEO Gerhard Roiss underlines the importance of a pipeline to the Austrian hub Baumgarten.
February 24, 2012
Nabucco Still Competes For Gas in Azerbaijan
The gas pipeline project, in which the Austrian oil company OMV is engaged, now enters the critical phase.
February 21, 2012
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Oettinger Expects Succesful Contracts Over Gas Deliveries
The EU-Commissioner for Energy, Günther Oettinger, anticipates that Azerbaijan will close contracts over natural gas deliveries within the coming months.
February 8, 2012
Turkey Emphasizes Support for Nabucco
Besides the Russian South-Stream project, Turkey also shows support for Nabucco, where Austrian OMV is strongly engaged in.
January 21, 2012
RWE Considers Alternative to Nabucco
German RWE shows interest in rival project TANAP and considers getting out of Nabucco.
January 20, 2012
VIG Has „No Problems in Hungary“
“We are an insurance group and not a bank.”, said the management of Vienna Insurance Group. Nevertheless, the developments are observed thoroughly.
January 11, 2012
OeEB Grants Credit to Azerbaijani Bank
DemirBank receives $ 25m from the Austrian Development Bank, RBI and other lenders to support entrepreneurs in Azerbaijan.
October 12, 2011
OMV Promotes Nabucco Project Abroad
The Austrian oil corporation OMV pushes the gas pipeline project Nabucco in Turkey, Azerbaijan and Turkmenistan.
October 11, 2011
Nabucco Bids for Gas Field in Azerbaijan
The Asiatic country will publish its decision by the end of 2011. Three candidates submitted their offers.
October 1, 2011
Spindelegger Wants New Impetus for Nabucco
The Austrian Vice-Chancellor calls for a quick realization of the pipeline project which is stalling at the moment.
September 28, 2011
BP Plans Rival Project to OMV´s Nabucco
The British Petrol Corporation intends to open up new gas fields in the Caspian region. BP is thus a new competitor for the Austrian OMV.
September 27, 2011
Austria and Azerbaijan Expand Cooperation
An Austrian delegation will hold several meetings with Azerbaijani ministries and private companies.
September 20, 2011
Palmers on the Way Back to Black Figures
The Austrian lingerie group’s results are still negative due to the acquisition of Lejaby. An expansion of the Palmers brand is planned in Germany and CEE.
June 15, 2011
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