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Group DF International and Hyundai Engineering in Vienna: New Industrial Park in Ukraine
In an ambitious move to aid Ukraine's post-war reconstruction, Group DF International, led by controversial Ukrainian oligarch Dmytro Firtash, and Hyundai Engineering Co. Ltd., have embarked on a major venture to establish a chemical industrial park in the city of Rivne, situated in Western Ukraine. This pivotal agreement was officially sealed in Vienna, setting the stage for what is poised to be one of the most substantial investment initiatives in the region.
April 15, 2024
Vienna Airport Expands Cargo Traffic with Asia
Vienna Airport is setting new standards in international air cargo traffic through significant cooperation agreements with Incheon Airport in South Korea and the renowned airline Korean Air. These strategic alliances mark a decisive step towards increasing capacities and efficiency in the cargo sector between Europe and Asia and further strengthening Vienna's position as a leading hub in the air cargo industry.
February 28, 2024
Austrian and Korean Foreign Ministers Celebrate 60 Years of Diplomatic Ties at Salzburg Festival
On the occasion of the 60th anniversary of diplomatic relations between Austria and the Republic of Korea, Korean Foreign Minister Park Jin visited the Salzburg Festival at the invitation of Foreign Minister Alexander Schallenberg. The high-ranking politicians took the opportunity to discuss the good diplomatic and economic relations between their countries and to explore further opportunities for cooperation.
July 30, 2023
Austrian Business Leaders and Government Officials Discuss Economic Ties with South Korea
The President of Austrian Chamber of Commerce Harald Mahrer welcomed South Korean Prime Minister Han Duck-soo. South Korea will be a global hotspot for future technologies of central importance for Austria.
May 14, 2023
Weekly Briefing: Austria Celebrates Its National Day
The Find out more about this week's developments. Austria celebrated its most important national holiday. Diplomacy and some international organizations celebrate their anniversaries. Read about the latest developments in diplomacy in Vienna and Austria.
October 27, 2022
South Korean Prime Minister Receives Austrian Foreign Minister
To celebrate 130 years of bilateral relations between South Korea and Austria, the South Korean Prime Minister received Austrian Foreign Minister Alexander Schallenberg. On the agenda are topics such as the security situation in the region, a visit to the Demilitarised Zone, business visits and the opening of an exhibition at the Museum of Art History.
October 24, 2022
Meet the New Ambassador to Austria and Permanent Representative to the International Organizations in Vienna of the Republic of Korea
Ham Sang Wook, the Republic of Korea's new Ambassador in Austria and Permanent Representative to the International Organizations in Vienna presented his credentials to the Austrian Secretary General for Foreign Affairs, Peter Launsky-Tieffenthal, and to the Director-General of the United Nations Office at Vienna, Ghada Waly. Meet Ambassador Ham Sang Wook, the new South Korean Ambassador to Austria and Permanent Representative to the International Organizations in Vienna.
October 21, 2022
Trade Between Tiger States and Austria at a High Level
The great potential for Austrian companies that emanates from the so-called tiger states in Asia was the main point of the Asia conference recently held by the WKO. Singapore, Hong Kong, Malaysia and South Korea are considered global hotspots for innovation and new technologies.
October 20, 2022
Weekly Briefing: Newest Developments in Diplomacy and Vienna
Read about the newest developments in Diplomacy in Vienna and Austria. Further, Austria is strengthening its efforts in aiding Ukraine, international politics and local grievances. Russian Foreign Minister Lavrov visited Iran. The Find out more about this week's developments.
June 23, 2022
Republic of Korea and Austria Celebrate 130 Years of Bilateral Relations
The Republic of Korea and Austria are celebrating 130 years of diplomatic relations today. The two close partners have exchanged more and more intensively, especially in the recent past. Read on to learn more about the bilateral relations between the two countries.
June 23, 2022
OSCE Strengthens Cooperation Between Europe and Asia
At the recent OSCE Asia Conference in Vienna, participants discussed synergies and opportunities for cooperation between the European organization and its Asian partners. Members strongly condemned Russia's invasion of Ukraine and called for a return to multilateralism.
June 17, 2022
IAEA Cancer Care Initiative Receives €9 Million
IAEA has received over €9 million, pledged by six countries, to support its new cancer care initiative, "Rays of Hope". The initiative wants to establish and expand radiotherapy services, with a particular focus on countries, that completely lack facilities for radiation treatment.
June 16, 2022
„Murdering Civilians is a War Crime”: NATO Foreign Ministers to Condemn President Putin's War
The foreign ministers of NATO member states condemned the war crimes committed by the Russian army in Ukraine. The meeting discussed more intensive support for Ukraine, as well as the development of the NATO's next Strategic Concept.
April 7, 2022
IAEA to Assess Safety of Japan Dumping Fukushima's Radioactive Cooling Water into Sea
A team of experts from the International Atomic Energy Agency (IAEA) will go to Japan to conduct a review of the safety of the Japanese government's decision to dump radioactive cooling water from the Fukushima Daiichi Nuclear Power Station into the ocean. Read about the review and who opposes Japan's decision.
February 7, 2022
Vienna as a Center of Diplomacy: Bid for Another International Organization
Vienna is bidding to become the European headquarters of the International Vaccine Institute, which has been based in Seoul since 1997 and is responsible for distributing vaccines to developing countries. The aim is to further strengthen Vienna as the official seat of international organizations. Cost: Fifteen million euros within 5 years. Learn more about the background, the plan and the financing of this initiative.
November 8, 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
South Korean President in Vienna
The South Korean President Moon Jae-in has met his Austrian counterpart Alexander Van der Bellen and the Austrian Chancellor Sebastian Kurz in Vienna to discuss the Covid-19 pandemic and a strategic partnership.
June 15, 2021
Why Austria Is NOT One of the Best Countries in the World
Why a top "Quality of Life" rating is not enough to rank among the "best" countries in the world, and why expat destinations like Canada, Japan, Germany, Australia and even Switzerland are uncatchable ahead of Austria.
April 30, 2021
Air Travel to Austria: Further Flights Stopped Due to COVID-19 Spread
To contain the coronavirus, direct flights from Austria to Iran, South Korea and the northern Italian airports of Bologna and Milan will be discontinued in the next two weeks. Passengers from third countries require a medical certificate. This was announced by the Federal Government during a press conference broadcast nationwide. Details as follows.
March 7, 2020
New Resident Representatives to the IAEA Presented Their Credentials
The IAEA welcomed 12 new Resident Representatives from Sri Lanka, The Netherlands, Slovenia, France, Ukraine, Brunei Darussalam, Morocco, Sierra Leone, Israel, the Republic of Korea, Iraq and Montenegro who presented their credentials this summer.
August 22, 2019
Hilton Vienna Stadtpark Sold to South Korean Securities Consortium for €333 Mio
The Hilton Hotel near Vienna's Stadtpark is said to have been sold for €333 million ($375 million) to a Korean securities consortium - Hana Financial Investment Co., NH Investment & Securities Co., and Meritz Securities Co. The consortium is planning a modernization for €66 million ( $75 million).
July 19, 2019
Vienna Welcomes New Ambassadors from South Korea, South Africa, Bolivia, Sri Lanka, Morocco and Sierra Leone
On July 10, 2019, Austrian Federal President Alexander Van der Bellen welcomed the six newly accredited Ambassadors of South Korea, South Africa, Bolivia, Sri Lanka, Morocco and Sierra Leone to Austria to the Presidential Chancellery of the Vienna Imperial Palace for the presentation of their letters of accreditation.
July 19, 2019
Meet the New Ambassador of the Republic of Korea to Austria: H.E. Mr. Shin Chae-hyun
The new Ambassador of the Republic of Korea (South Korea) to Austria, and Permanent Representative to the United Nations and other International Organizations in Vienna, H.E. Mr. Shin Chae-hyun presented Austrian Federal President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg. He succeeds Ambassador Shin Dong-ik in this position.
July 18, 2019
Meet the Ambassador of the Republic of Korea to Austria: H.E. Mr. Shin Dong-ik
H.E. Mr. Shin Dong-ik is Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to the Republic of Austria and to the Republic of Slovenia and Permanent Representative of the Republic of Korea to the International Organizations in Vienna. He was followed in this post by Ambassador Shin Chae-hyun in July 2019.
March 26, 2019 · Updated: July 10, 2019; 12:00
New Working Holiday Program Enables Young Argentinians to Experience Living in Austria
Austria includes the largest Spanish-speaking nation, Argentina, in its range of working holiday programmes, so that in the future young people between 18 and 30 years of age from both countries will be able to travel more easily to the other country and gain new valuable experience on the labour market during a given period.
April 5, 2019
Laxenburg Research Institute IIASA Deepens Relations with South Korea
Since the Republic of Korea’s (South Korea) membership of IIASA began in 2008, a range of research collaborations and capacity building activities have been developed by IIASA and 18 Korean research partners. Now, Shin Dong-ik, Ambassador to Austria and Permanent Representative of the Republic of Korea to the United Nations in Vienna, visited IIASA to learn more and to talk about the IIASA research agenda and the institute's current and future research collaborations with South Korea.
March 26, 2019
Austrian State Visit to the Mutually Hostile Countries Japan and South Korea
The two East Asian states, South Korea and Japan, which have been enemies for more than 100 years, are visited by Chancellor Kurz as part of the trip to East Asia. The trip is focusing on the economy, digitisation, education and transport. Meetings with South Korean President Moon Jae-in and Prime Minister Lee Nak-yeon are held in Seoul and with Japanese Prime Minister Shinzo Abe in Tokyo.
February 11, 2019
Hallstatt App 2.0 - Protective Measures against Chinese Tourists
The Upper Austrian community defends itself against too many tourists, especially from China and South Korea. Since the Chinese built an exact copy of the city in Guangdong Province, and the South Koreans partly shot a soap opera in Hallstatt, the popularity of the Dachstein community has increased enormously. As a result, more and more tourists come to Hallstatt as part of a bus tour classic with 4 destinations including Hallstatt. In the previous year there were exactly 19,344 coaches. For the first time in the history of Austria, a town is now defending its friendly visitors by implementing the new "Traffic Concept Hallstatt 2018" and by strictly controlling the entrance to the town centre.
January 29, 2019
Austria Strengthening Venture Capital Structures with Seoul and Shanghai
Margarete Schramböck, Austrian Federal Minister for Digitisation and Business, visited Seoul, the capital of South Korea and China's greater Shanghai metropolitan area, together with a high-ranking delegation of experts from the fields of digitisation, science and business, with the aim of strengthening Austria as a location for innovation.
November 9, 2018
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
South Korea's LG Electronics Acquires Austrian Automotive Supplier ZKW for €1.1 Bln
South Korean electronics manufacturer LG Electronics is acquiring the Lower Austrian lighting and electronics systems specialist ZKW for more than 1.1 billion euros. It plans to buy a 70 percent stake in ZKW Holding, a supplier to Mercedes-Benz and BMW. Its holding company LG Corp. will purchase the remaining stake for 330 million Euro. LG hopes to expand its position in the automotive lighting sector for self-driving cars. ZKW was previously wholly owned by the entrepreneur Ulrich Mommert.
April 26, 2018
Czech Airlines May be Taken Over by Korean Air
The Korean airline company aims to take over the publicly held stake in Czech Airlines.
March 5, 2013
Austrian Showcase in Seoul: Renewable Energy and Biomass
From 22. October 2012 to 23. October 2012, Austrian Know-How in the fields of Forest machinery, renewable energy and biomass will be presented in Seoul.
July 2, 2012
Austria-Korea Automotive Technology Days
From 14. November 2012 to 16. November 2012, Austrian automotive suppliers present themselves in Seoul.
June 30, 2012
Austria and South Korea Celebrate 120 Years of Bilateral Relations
Austria´s Foreign Minister Spindelegger: "Relationships between South Korea and Austria better than ever".
June 26, 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
Innovation Index: Austria Falls Behind
Austria again loses in competitiveness: among the EU member countries, Austria occupies the eighth rank.
February 7, 2012
Austrian Foreign Trade Deficit on the Rise
From January to September 2011: imports rose by 17%, exports increased by 14%. The deficit amounts to € 6.0bn.
December 7, 2011
Plansee Grows in Korea
With the acquisition of TCB, he Austrian Plansee Group expands in South Korea.
October 25, 2011
Siemens VAI: Major Order from South Korean Steel Industry
The Austrian Siemens VAI Metals Technologies has received the order to build a steelwork. The factory´s capacity should be 2m tons per year.
September 27, 2011
Free Trade Agreement with South Korea
WKÖ: Additional trade potential for Austrian companies in South Korea for € 350m.
February 19, 2011
Engel Expands in China
Engel, the Upper Austrian machine builder, benefits from the economy and intends to triple the capacity of the Shanghai location.
February 1, 2011
A-Tec Sells AE&E India
The insolvent Austrian group belonging to Mirko Kovats is being gradually separated from its stakes. AE&E India goes to the Korean Doosan.
January 19, 2011
Cooperation Between Korean LG and Austrian Zumtobel
LG Innotek and Zumtobel Group conclude LED cooperation agreement.
December 15, 2010
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