Innsbruck

Tyrolean Biotech Company Cyprumed Closes 493 Million Dollar Deal with American MSD

The Innsbruck-based biotechnology company Cyprumed GmbH is making international headlines with a multi-million dollar license deal: Together with the U.S. pharmaceutical group MSD (Merck & Co., Inc.), the company has signed an agreement worth up to 493 million US dollars. The aim is to develop innovative tablet formulations for peptide drugs - a potential game changer in modern drug therapies.

April 15, 2025

Future of Benko Villa Igls Uncertain After All: City of Innsbruck Rejects Hotel Plans

The planned rededication of Villa Igls, once a renowned castle hotel and later the residence of the now-imprisoned real estate entrepreneur René Benko, has met with resistance from the city of Innsbruck. The Laura Private Foundation, whose sole benefactor is Benko's mother, was planning to use the building for tourism, but the city council has now clearly rejected these plans. At the same time, Benko remains in custody as the judiciary has made serious allegations against him.

March 12, 2025

Russia's Covert Influence in Europe: Current Strategy Only "Plan B"

The Czech government recently revealed the existence of a Moscow-funded propaganda network that used the Prague-based online portal Voice of Europe to influence the upcoming EU elections. Austrian political scientist Gerhard Mangott and his Ukrainian colleague Anton Shekhovtsov explained that this tactic was merely Russia's "plan B".

April 10, 2024

Innsbruck's Old Town Boasts One of the Most Enchanting Small Christmas Markets in Europe

Christmas Markets are a wonderful way to spend time with your family and friends during this wholesome period of the year. Sometimes it can be hard to choose the right one. However, there is one Christmas Market that stands out.

December 12, 2022

Meet Mordechai Rodgold, Israel's Ambassador to Vienna

H.E. Mr. Mordechai Rodgold is the current Ambassador of Israel to Austria. Learn more about Ambassador Rodgold and his impressive career.

January 19, 2022

ÖBB Austrian Railways to Improve and Expand Local and Long-Distance Travel Services in 2022

Starting on December 12, 2021, ÖBB - Austrian Federal Railways will change its annual timetable, which will bring a number of improvements and expansions to local and long-distance services for the rail year 2022. In total, ÖBB Austrian Railways is investing over 4.1 billion euros in modern trains by 2027. Find out about international and domestic connection extensions.

October 26, 2021

International Nightjet Connections to Vienna Back in Service: Now Also Amsterdam

Effective immediately, the Nightjets of Austrian Railways (ÖBB - Österreichische Bundesbahnen) are once again in operation. In addition to the 18 known night train connections, for the first time there is also a daily night train from Amsterdam via Linz to Vienna or via Munich to Innsbruck. Paris and Strasbourg are being planned.

May 31, 2021

Tyrol: The Scare of the South African COVID-19 Mutation

Actually there is a strong occurrence of the threatening South African COVID-19 mutation in Tyrol. Strict controls on tests when leaving Tyrol and administrative fines of up to 1,450 euros are intended to limit the spread of this corona mutation after the new "COVID-19 virus variant regulation" comes into force on February 12, 2021.

February 10, 2021

Linz Mayor Luger Will Not Introduce Any Further COVID-19 Regulations

The Mayor of Linz announced that the city will not introduce any further regulations concerning the Coronavirus even though the city is now marked with the color yellow at the traffic light system. Present regulations will stay.

September 4, 2020

Student Apartments Are Getting more Expensive in Austria

In 4 out of 6 student cities across Austria, the rent for single apartments which are mostly used by students are increasing. Only in Graz and in Linz the cost of the rent is experiencing a slight decline.

August 27, 2020

Tyrol Lifts Coronavirus-Quarantine

Tyrol is still under massive criticism and threat of a class action lawsuit from Germany and some Scandinavian countries because the authorities in the Tyrolean ski resort of Ischgl took quarantine measures very late, although warnings from these countries had already been issued. Today Tyrol's Governor Günther Platter announced during a video press conference that Tyrol would end its self-isolation.

April 6, 2020

Austrian Province of Tyrol Orders Curfew

The province of Tyrol, which is particularly hard hit by the coronavirus pandemic, is imposing a curfew.

March 15, 2020

Austria Reports Its First Two Coronavirus Cases as Outbreak Widens

In the Austrian province of Tyrol, two people have been proven to be infected with the coronavirus. A second test was also positive. These are the first two confirmed cases in Austria. The infected persons are two 24-year-old Italians from Lombardy who live in the Tyrolean capital Innsbruck.

February 25, 2020 · Updated: February 25, 2020; 14:25

Black Diamond Equipment Relocates European Headquarters from Switzerland to Austria

Producer of climbing, skiing, mountain sports equipment Black Diamond will move its European headquarters from Basel to Innsbruck. Tim Bantle has been appointed Managing Director. Black Diamond is actively recruiting staff for the new office, with approximately 35 jobs across sales, marketing, customer service, operations and finance. The new office is expected to be operational in May 2016. Black Diamond Equipment was established in 1989 and has its headquarters in Salt Lake City in Utah.

January 14, 2016

Austria's Importance as a Location for Conventions increases

Events, conferences and trade shows are developing as an important part of Austria’s tourism industry. By international comparison, Austria is already ranks in eighth place.

May 5, 2011

Booming Tourism: Aeroflot Pressure on Austria's Airports

New routes of Aeroflot subsidiaries to Austria are created due to the growing flow of Russian guests.

October 20, 2010

Réné Benko Has already Invested 700 Million Euro This Year

The Tyrolean invests as heavily as before in Vienna and Innsbruck real estate. As to Eastern Europe, he expresses cautious optimism.

October 19, 2010