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Vienna Ball Season 2025/26: A Record Year of Superlatives
Vienna has once again proven itself to be the world capital of dance in the 2025/26 ball season, which has just come to an end. With a historic record number of visitors and a massive increase in revenue, the Vienna Chamber of Commerce (WK Wien) is celebrating a triumphant outcome. But this success also brings challenges: demand from abroad is now so high that capacities are reaching their limits.
February 19, 2026
Business Crisis in the Austrian Publishing Industry: Leykam Discontinues Novels and Children's Books
Austria's oldest publishing house is facing a radical reorientation. As announced by the management of the long-established Leykam publishing house, the company will largely withdraw from the consumer market starting in 2027. In concrete terms, this means the end of the literature, children's, and young adult book divisions, as well as popular non-fiction. In the future, the publishing house, founded in 1585, intends to focus exclusively on the fields of science and education.
February 9, 2026
Tidal Shift at Vienna Airport: Passenger Decline and Airline Withdrawal
After a record year in 2025, dark clouds are gathering over Vienna International Airport. While passenger numbers are falling and low-cost airlines are turning their backs on the capital, the management board is attempting to maintain stable earnings through cost-cutting programs. However, cost pressure at the Austrian location is intensifying massively.
January 20, 2026
STRABAG's Order Backlog Exceeds 30 Billion Mark for the First Time
The listed construction services technology group STRABAG SE reached a historic milestone in the first nine months of 2025: its order backlog rose by a remarkable 24 percent to a new record level of EUR 31.4 billion.
November 13, 2025
Bajaj-Teaser Causes a Stir: Will KTM's Future be Manufactured in India?
The relaunch of the long-established motorcycle manufacturer KTM after overcoming insolvency is being overshadowed by new uncertainties. Statements made by Rajiv Bajaj, CEO of Indian major shareholder Bajaj Auto, have sparked a heated debate about the future of the production site in Mattighofen.
September 3, 2025
Lufthansa Centralizes Power: AUA Loses Authority, But Expects Positive Effects
The Lufthansa Group, which also includes Austrian Airlines (AUA), is planning a far-reaching restructuring of the group that will concentrate more power at its Frankfurt headquarters. Following the plan, the subsidiaries, including Swiss and Brussels Airlines, will relinquish responsibilities starting at the beginning of next year.
August 25, 2025
AT&S and European Partners Revolutionize Electromobility with Research Project “HiPower 5.0”
In a step forward for the European microelectronics and mobility industry, leading technology companies and research institutions in Europe have launched the EU research project “HiPower 5.0.” Coordinated by Austrian mobility technology company AVL List GmbH and with Austrian microelectronics manufacturer AT&S as a strategic partner, the project aims to develop intelligent and highly compact drive solutions for the automotive and shipping sectors that enable greater efficiency and range.
August 14, 2025
Vienna Airport Defies Global Challenges with Strong Half-Year Results
Vienna International Airport (VIE) experienced solid passenger growth in the first half of 2025, despite a slight decline in June, attributed to the ongoing conflict between Iran and Israel. A total of 14.7 million passengers traveled through Vienna Airport between January and June, representing a 2.4 percent increase compared to the same period last year.
July 15, 2025
Vienna: Still Among the World's Leading Conference Cities
Vienna consolidates its position as a leading global conference destination: after taking first place in the prestigious ranking of the International Congress and Convention Association (ICCA) in May, the city has now achieved second place worldwide for the third time in a row in the latest congress ranking of the Union of International Associations (UIA) for 2024.
July 4, 2025
Port of Vienna Enjoys Record Year in 2024: Increased Turnover and High Investments Secure Future
Port of Vienna, a key company within Wien Holding, can look back on an exceptionally successful 2024 financial year this summer. Despite a challenging economic environment, the trimodal logistics center significantly increased its revenue and achieved a record operating result. At the same time, extensive investments were made in infrastructure, digitalization, and sustainability to further consolidate its position as one of Europe's most important hinterland hubs.
July 3, 2025
Chinese Ambassador QI Mei emphasizes the Role of Chinese companies in Austria
Ambassador QI Mei, China's diplomatic representative in Austria, emphasized the importance of the Chinese business community in deepening bilateral economic relations with Austria. Central to this was her participation in the 2025 annual meeting of the Association of Chinese Enterprises in Austria, which focused on close cooperation and commitment to joint development.
July 2, 2025
Austria's Art Market at a Crossroad: Calls for a Reduction in VAT
Interest groups representing the Austrian art trade are concerned that Austria may fall behind in the international art trade due to significant market shifts and substantial reductions in VAT in neighboring European countries.
June 27, 2025
Swarovski Back on the Road to Success: Lux-Ignite Strategy Shows Results
After years of challenges, the Tyrolean crystal group Swarovski is back on the road to success. For the first time in five years, the company is in the black and recorded a significant increase in sales in the 2024 financial year. Thanks to the ambitious Lux-ignite strategy and a strong fourth quarter, CEO Alexis Nasard succeeded in returning the long-established company to profitability. But it was not an easy road.
March 20, 2025
Steyr Motors Flying High: Defense Business and Expansion Drive Growth
The Austrian specialty engine manufacturer Steyr Motors is experiencing a remarkable economic upswing. Thanks to the increased demand for military technology, in particular high-performance engines for armored vehicles and special boats, the company was able to significantly increase its sales and profits. In addition, consistent expansion in Asia, the Middle East, and North Africa is ensuring further growth.
March 18, 2025
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