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Carinthia
U.S. Ambassador Kennedy Visits Carinthia
The Ambassador of the United States of America, Victoria Reggie Kennedy, was a guest in Carinthia. After a visit to the Carinthian provincial government and a meeting with Governor Peter Kaiser, she also examined the "American shelves" in the AK Library in Villach.
November 27, 2022
Slovenia's President Emphasized Cooperation with Austrian Province Carinthia
During a visit to the Austrian province of Carinthia, Slovenia's President Borut Pahor, together with Carinthia's Governor Peter Kaiser, emphasized the value of friendship and peace. The current crises, inflation and bilingual district courts were also discussed.
July 18, 2022
Austria's Population will Exceed Nine Million this Year
Austria's population is nearing nine million and should reach this mark sometime in 2022. Read more about Austria's recent population increase.
February 16, 2022
COVID-19 in Austria: Concerns About Transition to 2.5G Rule in Workplace
Due to increased COVID-19 cases and hospitalizations, Austria is considering transitioning from the 3G rule in the workplace to a 2.5G rule in the coming weeks. Some government officials are expressing concerns about the implementation of this change. Read about the potential requirement change and the concerns that some have about it.
November 3, 2021
Heidi Horten: Austria's Richest Woman Sells Luxury Yacht for 160 Million Euros
Heidi Goëss-Horten, the richest Austrian woman, is selling her luxury yacht, the Carinthia VII, for an astonishing 160 million euros. Read about Ms. Goëss-Horten's "dream ship" and why she has finally decided to sell it.
October 12, 2021
These Are Austria's Most Popular Lakes
Lake Constance is the most popular Austrian swimming lake on Instagram. Lake Wörthersee came in second, while Tyrol's Achensee, the newcomer to the podium, came in third. Read which other Austrian public bathing lakes took the 4th to 20th places.
August 18, 2021
Austria Supports Montenegro By Providing Care for Covid-19 Patient
After an offer by Foreign Minister Schallenberg at the beginning of the Covid-19 crisis, Montenegro has made use of Austria's proposal to take over the care Covid-19 patients in need of intensive medical treatment. A 46-year old male patient has been transferred to a hospital in Klagenfurt and will be treated in the intensive care unit.
December 28, 2020
Increase in Funding for Carinthian Slovenes
In the year of the 100th anniversary of the Carinthian referendum, the National Council has decided to contribute another EUR 4 million to the support of the Slovenian ethnic group in Carinthia. Chancellery Minister Raab sees this "a clear signal of appreciation" for ethnic groups in Austria.
November 20, 2020
Ambassador Turner Met Governor of Carinthia
British Ambassador to Austria met Carinthia's Governor Kaiser to discuss the current Covid-19 situation in Austria and also the Brexit negotiations that are in the decisive stage. Turner hopes that the registration of British citizens following the Brexit will be easy and unbureaucratic.
November 12, 2020
100 Years Carinthian Referendum: Van der Bellen Apologizes to Carinthian Slovenes
During the 100 years anniversary of the Carinthian Referendum, Federal President Van der Bellen apologized to the Slovene minority in Carinthia for the bad treatment they had received in the past. He emphasized the importance of ethnic groups in Austria and hopes that these minorities will continue to exist.
October 12, 2020
Slovenian President will join Van der Bellen for "100 Years Carinthian Referendum"
For the first time ever, a Slovenian President will take part in the ceremony for "100 Years Carinthian Referendum". Slovenian Head of State Pahor will be joining his Austrian counterpart Van der Bellen for the celebrations.
October 7, 2020
Kaiser Apologizes for the Chaos at the Border
Governor Peter Kaiser apologized today to all people who got stuck at the borders to Austria on Saturday evening. He says that this situation should never happen again and claims that communication problems between the federal and the state government led to the chaos.
August 24, 2020
Austria Fears for Winter Tourism
The upcoming winter will be an immense challenge for the Austrian tourism industry. Tourism operators are requesting general and unified regulations implemented by the government to secure planning and tourists. A major focus will be laid on Après-Ski.
August 21, 2020
COVID-19: Closure of Border Crossing Points with Italy Formally Adopted
Austrian National Council approves closure of 47 border crossings with Italy.
March 15, 2020
COVID-19: Carinthia Seals Itself Off from Italy
Border controls and border health checks at Austria's southernmost border crossings. Carinthia sees itself as a "protective shield" against Italy.
March 11, 2020
Suspicion of Coronavirus: Holidaymaker in Austria Died
In the Austrian province of Carinthia a 56-year-old Italian holidaymaker from Friuli died in the night to Wednesday. The Carinthian authorities have reported that she is suspected of being infected with the coronavirus. A curfew has been imposed on the woman's apartment complex. On Wednesday afternoon it became known, that the suspected coronavirus case in Bad Kleinkirchheim in Carinthia has not been confirmed. The woman did not die of coronavirus.
February 26, 2020 · Updated: February 26, 2020; 15:08
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
Tax Payers to Finance AvW Bankruptcy after all?
Tax payers may have to finance the bankruptcy of Carinthian financial company AvW after all, Presse daily reports in its online issue. The damage is estimated at EUR 148 million (USD 168.2 million).
June 8, 2016
German Creditor Pool Brings EUR 1 Bln Action Against Heta Before Frankfurt Regional Court
The lawsuit demands almost EUR 1 billion and is brought in Frankfurt/Main against asset resolution company Heta. The creditor pool consists largely of German creditors which demand immediate repayment of bonds and promissory note loans.
July 16, 2015
S&P Downgrades Erste, RZB, UniCredit, Affirms HYPO NOE, KA Finanz, Upgrades HYPO OO
S&P is downgrading three banks, affirming the ratings on two banks, upgrading one bank, and lowering various issue ratings on the banks' hybrid capital and guaranteed grandfathered debt.
August 13, 2014
Lam Research Expands in Austria
The U.S. company opens a new research laboratory in Villach (Carinthia) and thus makes a clear commitment to its Austrian operations.
May 18, 2012
Austrian Industry Underlines Importance of „South Axis“
According to a recent study, the Southern Railway (Südbahn) creates 15,000 new jobs. The value creation totals € 15.5bn.
April 12, 2012
Gigasport Withdraws from Czech Republic and Slovakia
The Austrian sports brand closes twelve branches in the Czech Republic and Slovakia. 280 workers are affected.
March 1, 2012
RHI Invests in Carinthia
The manufacturer of refractory products upgrades its factory in Radenthein, Carinthia for € 2.3m. The capacity at the local subsidiary grows to 80,000 tons per year.
February 18, 2012
Scepticism in Carinthian Industry
The current situation is satisfying in the Carinthian industry. However, for the future, many industrialists are less optimistic.
November 5, 2011
Kärntner Sparkasse Finalized Withdrawal from Italy
The Carinthian bank will close its operating business in Italy. The branches have been overtaken by the South Tyrolean “Südtiroler Sparkasse”.
October 8, 2011
Kresta Takes Over Swiss Buss ChemTech
The newly acquired company will become the technology center of the Austrian plant building company.
September 30, 2011
Kelag to Invest € 70m in Bosnia-Herzegovina
The Carinthian energy provider signed a contract on the expansion of the hydro power infrastructure in Republika Srpska.
September 29, 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
AMSC Cuts Jobs in Austria
The Amercian Superconductor Corporation (AMSC) decided to cut 150 jobs at its subsidiary Windtec. In Austria, 40 positions are concerned.
September 13, 2011
CEE Economic Forum: Green Trends for Eastern Europe
In 2011, Forum Velden in Carinthia celebrates its 5th anniversary. Since its foundation in 2006, over 1.500 experts, top-managers and politicians from over 25 countries have participated in the Forum.
September 7, 2011
Noricum Announces Significant Gold Mineralization at Austrian Projects
The London-based gold exploration and development company gives a positive update regarding the exploration program at its projects in south-central Austria.
September 5, 2011
BKS Bank Continues Expansion Course
The Carinthian/Styrian regional bank recorded an increase in profit of 11.7%. Step-by-step expansion in international markets will be continued.
August 19, 2011
Hypo: New Charges against Former CEO Kulterer
The Carinthian bank’s former CEO and three other persons are accused of having caused a damage of € 5.5m.
August 12, 2011
BayernLB Demands Rescission of Hypo-Deal
The German bank has taken action against the employee fund which is accused of having misled the management about Hypo’s equity base.
August 10, 2011
Hypo Alpe Adria Sells Schlosshotel Velden
The Austrian bank signed a purchase agreement with Amisola Immobilien AG. Falkensteiner Michaeler Tourism Group will take over management of the hotel.
July 29, 2011
Kärntner Sparkasse Starts Withdrawal from Italy
The Carinthian regional bank is closing down two branches as a consequence of the economic crisis and new capital requirements.
July 26, 2011
Hypo Alpe Adria Opens New Branches in Italy
The Carinthian bank is expanding its business in the neighboring country although the subsidiary will soon be in the hands of a new owner.
July 19, 2011
Moody’s Gives Negative Outlook for Carinthia
Austria’s southernmost province received a negative outlook due to an increasing budget deficit, high debt and credit guarantees for Hypo Alpe Adria.
July 1, 2011
Hypo Alpe Adria to Sell its Italian Subsidiary
The Carinthian bank intends to divest its operations in the neighboring country. The subsidiary achieved a profit of € 10.82m in 2010.
June 1, 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
Kärntner Sparkasse Planning Partial Pull-Out of Italy
The Austrian regional bank intends to close a part of its Italian branches. The credit business has suffered from the crisis; the future focus will be on deposits and private banking.
May 18, 2011
Infineon Makes an Investment for € 200m in Austria
The German technology group has announced that it intends to create 400 new jobs in Austria. The semiconductor production is to be expanded.
May 7, 2011
Austria's Solar Industry Strives For Technological Leadership
The domestic solar energy industry calls for more research funding to ensure the continuation of success achieved also into the future.
May 4, 2011
Carinthia: Further Development of Lakeside Park Secured
The course for further expansion of the flagship project has been set; an area of 4.5 hectares has been secured.
April 30, 2011
Official start of construction of Austria's largest building project
The start of construction of the controversial Koralm tunnel, a railway connection between Carinthia and Styria, has occurred. The 20km long tunnel will be completed in 2022.
March 29, 2011
Economy: "South Axis” Demands Recovery Program
Styria and Carinthia are at a disadvantage concerning infrastructure compared with other provinces, was the criticism of the Economic Chambers of the "strong south".
March 25, 2011
Hypo Group Starts Sales
The emergency-nationalized Carinthian Hypo Group is to sell its Austrian and Italian subsidiary in the coming weeks.
March 19, 2011
Good Prospects for Kärntner Sparkasse
The regional bank was able to improve its operational result significantly last year. But Slovenian results still hinder profits.
March 16, 2011
Griffner is Aiming at IPO for 2013
The Carinthian construction company, which specializes in ecological construction intends to acquire new capital in the coming years in order to expand.
March 12, 2011
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