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Is Benko's Chrysler Deal in the Big Apple a Bargain?
The New York property firm RFR Holding LLC of German-American Aby J. Rosen, together with Signa Holding of Tyrolean real estate investor Rene Benko, is buying the traditional Chrysler Building in New York City for around 150 million dollars. The land is not part of the deal and the rent amounted to USD 32.5 million in 2018 and will continue to rise to USD 41 million a year by 2028.
March 11, 2019
Burger King Austria Acquires Rosenberger Motorway Restaurants
The Austrian franchisee TQSR of the US fast food chain Burger King has purchased 100% of the shares in Rosenberger Restaurant GmbH, which is currently undergoing restructuring, and is financing the 20% quota offered to creditors in the restructuring plan. The transaction value for the 14 Rosenberger Restaurant locations, including the net financial liabilities assumed, amounts to approximately EUR 9 million.
February 27, 2019
Huawei Austria Sponsors Austrian Chinese Business Association
The Chinese technology group Huawei and the ACBA Austrian Chinese Business Association have sealed their cooperation at an evening event entitled "Huawei - Inside & Outside" at the Grand Hotel Vienna. Huawei is disputed internationally because of its 5G wireless network technology and its close connection to the Chinese government. Huawei maintains good business relations with the largest carriers in Austria, A1 Telekom Austria (America Movil), Hutchison Whampoa (Drei Austria) and T-Mobile Austria and supplies them with expensive 5G network equipment. In addition, Huawei will open its first flagship store outside China in downtown Vienna in the summer of 2019.
February 27, 2019
Chancellor Kurz in Washington, D.C. - Trump Demands Higher Military Expenditures
US President Donald Trump and Chancellor Sebastian Kurz met in the White House for a working meeting. The trade relations, the demand for higher military expenditures for Austria, the Nord Stream 2 pipeline project and the Serbia-Kosovo conflict were addressed.
February 21, 2019
Fight Against Anti-Semitism - The Jewish Community in NYC and Austria
As part of his trip to the USA, Chancellor Sebastian Kurz met David Harris, Executive Director of the AJC American Jewish Committee, and once again Holocaust survivor Rabbi Arthur Schneier.
February 21, 2019
Meeting with US Secretary of State Mike Pompeo - Focus on Middle East Conflict
The meeting between US Secretary of State Mike Pompeo and Austrian Federal Chancellor Sebastian Kurz focused on the Middle East conflict. According to Kurz, the USA is currently working on "a solution to the situation in the Middle East". The US will therefore "probably present a proposal" before the end of this year.
February 21, 2019
USA Visit by Federal Chancellor Kurz - Focus on Economic Relations
Chancellor Sebastian Kurz travels to the USA on an official working visit. During the trip, Kurz will meet US Secretary of State Mike Pompeo, National Security Advisor John Bolton, Ivanka Trump, and Trump's son-in-law Jared Kushner. The one-on-one meeting with Donald Trump in Washington will last only about 15 minutes.
February 19, 2019
Trump's Top Diplomat in Charge of European Affairs at the State Department visits Vienna
Aaron Wess Mitchell, Assistant Secretary of State for European and Eurasian Affairs, who is only in office for a few more days, met the Austrian Foreign Minister for a working breakfast in Vienna. Afterwards they visited Clemens Metternich's former office together with US Ambassador Trevor Traina and his wife.
February 11, 2019
The End of the INF Treaty - Europe Could Become a Nuclear War Zone
In an interview with the APA - Austria Press Agency the political scientist and disarmament expert Heinz Gärtner recently stated that the background of the US termination of the INF Treaty on the Prohibition of Medium-Range Nuclear Weapons might be the expansion of the deterrence potential and that Europe could thus become the target area of a nuclear conflict. At a panel discussion organized by the International Institute for Peace (IIP) on 11 February 2019, Heinz Gärtner, together with representatives of the United States and the Russian Federation, will examine the background of this issue.
February 5, 2019
Current Austrian Ambassador to Israel to Become Top Diplomat in the United States
Ambassador Martin Weiss, the current Ambassador in Tel Aviv and former Speaker of the Austrian Foreign Ministry, will become the new Austrian Ambassador in Washington D.C., USA.
January 24, 2019
American International School Vienna: "The United Nations is rather similar to the AIS"
Students and nursery-school children came together at the AIS American International School for the celebration of the UN Day.
November 15, 2018
The United States after the Midterms - What's next?
Shortly after the midterm elections, a panel discussion with prominent guests will take place at Vienna's International Institute for Peace (IIP), analysing the election results and discussing their significance.
November 5, 2018
Ambassador Traina on Trade-War: "Donald Trump is Europe's Greatest Hope"
In an interview with the trend-magazine the US ambassador in Vienna, Trevor Traina, warns of the Chinese, and that the theft of intellectual property could also happen to Europe's key industries. Donald Trump's unpredictability is therefore "Europe's greatest hope" to avert such a scenario in time.
October 19, 2018
Trevor Traina Accredited as New US Ambassador in Vienna
The new US Ambassador to Austria Trevor Traina presented President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.
May 25, 2018
Iran Talks Back at the Palais Coburg in Vienna
The struggle for the prolongation of the nuclear agreement with Iran continues. On Tehran's initiative, the Joint Commission is meeting in Vienna at Palais Coburg to discuss measures to support the Joint Comprehensive Plan of Action (JCPOA) on the Iranian nuclear program. Tehran wants to decide on compliance with the nuclear deal in the coming weeks.
May 25, 2018
US Ambassador Traina Arrives in Vienna: "Austria is one of America's first friends"
The new US Ambassador to Austria, Trevor Traina, grandson of Wiley T. Buchanan, the former US Ambassador to Vienna (1975 - 1977), has arrived in Vienna with his wife Alexis. In his first statement, he underlined the close bilateral relations between the two countries: "Austria was one of America's first friends and we are here to remind everyone how important that relationship still is today - over 180 years later."
May 19, 2018
Kapsch TrafficCom AG Awarded Contract to Upgrade TollCollection Equipment on Maryland Roads
The Maryland Transportation Authority (MDTA) has awarded Kapsch TrafficCom (Kapsch) a contract to replace and maintain all roadside tolling equipment in the mixed-mode, cash, and express toll lanes under MDTA management. The contract commenced in February 2018 and includes the replacement of all toll equipment, expected to be converted to the Kapsch system by 2020, and six years of subsequent operations and maintenance as well as the option to extend the contract for additional four years. The project volume of the base contract exceeds EUR 55 million and will be managed locally from the Kapsch office in Rockville, Maryland.
April 23, 2018
Soros's Central European University is to Remain in Budapest
The Central European University (CEU) donated by US billionaire George Soros does not plan to move to Berlin or Vienna, but expects the Hungarian government to sign the agreement with the State of New York as soon as possible so that the CEU can remain in Budapest.
April 20, 2018 · Updated: April 20, 2018; 19:10
Former US Ambassador to Austria Swanee Hunt Back in Vienna: Can Women Stop War?
Activist, philanthropist, billionaire's daughter, Democrat, Harvard lecturer and former US Ambassador to Austria Swannee Hunt returns to Vienna to be interviewed at the Austrian Institute for International Affairs (oiip) on the subject of "Can Women Stop War?
April 11, 2018
Max Hollein Appointed New Director of the Metropolitan Museum
The Metropolitan Museum of Art of New York announced that Max Hollein will become its 10th director and thus becomes cultural ambassador for New York. Vienna-born Hollein, 48 years old, is an art historian who has been serving as Director and CEO of the Fine Arts Museums of San Francisco since 2016. Before that, he oversaw Schirn Kunsthalle, Städel Museum and the Liebieghaus Skulpturensammlung in Frankfurt. The Met is the largest art museum in the United States. With more than 7 million visitors in 2016, it is the second most visited art museum in the world.
April 11, 2018
Trevor Traina Confirmed by US Senate as US Ambassador to Austria
The Foreign Relations Committee of the Senate in Washington D.C. has confirmed Trevor Traina, nominated by President Donald Trump, as the new US Ambassador to Austria. This was announced by both the State Department and the US Embassy in Vienna. The post has been vacant since January 2017 when Alexa Wesner was recalled from her post.
March 30, 2018
Harvard Government Professor Michael Sandel to Lecture Austrian Opposition How to Win Back Popular Support
The election of Donald Trump was an angry verdict on decades of rising inequality and a version of globalization that benefits those at the top but leaves ordinary people feeling disempowered. American political philosopher and a political philosophy professor at Harvard University Michael J. Sandel will give a lecture on "Is Democracy in Peril? - Politics in the Age of Trump".
March 29, 2018
Culture Tech at SXSW in Austin, Texas: The Austrian Version of Cultural Diplomacy
Austria was present at the 2018 music festival South-by-Southwest-Festival (SXSW) in Austin with a selection of its most innovative entrepreneurs and artists from culture, music and the start-up industry. The heart of the domestic performance was the Austrian Day at the German House in the legendary Barracuda Club. In the setting of a traditional Viennese coffee house inspired by Café Landtmann, the menu included inspiring discussions, technical innovations and entertaining performances in addition to Viennese sausages and Sacher cake.
March 16, 2018
Hungary Forces Central European University of US Billionaire Soros to Move to Vienna
In view of the political pressure exerted by the Hungarian government under the proposed amendments to Act CCIV of 2011 on Hungarian National Higher Education, the Central European University (CEU) of US billionaire George Soros feels compelled to look for alternatives. The city of Vienna naturally offers itself as an excellent alternative or supplement. The CEU and the City of Vienna are already in negotiations about a memorandum of understanding (MoU) that would enable CEU to open a satellite campus site in Vienna. The Otto Wagner area at Baumgartner Höhe is being examined as a possible location.
March 16, 2018
Trevor Traina Looks Forward to Become the United States Ambassador to Austria
Today Mr. Trevor Traina testified before the US Senate Foreign Relations Committee Nomination Hearing. If confirmed, Mr. Traina is to become the next Ambassador Extraordinary and Plenipotentiary of the United States of America to Austria. Traina: I am humbled to be President Trumps nominee to be the United States Ambassador to Austria. If confirmed, his grandmother, who just celebrated her hundredth birthday and who is the widow of his late grandfather Wiley T. Buchanan Jr. (who also served as U.S. ambassador to Austria), would have the confusing honor of being the wife and the grandmother of the Ambassador to Austria.
March 1, 2018
IIASA Builds Bridge through Science with Israel
The Laxenburg based international research organization IIASA (International Institute for Applied Systems Analysis) has recently announced that Israel has become its newest member country. Israel joins 24 other countries whose National Member Organization’s representatives constitute the IIASA Governing Council. Israel has established the Israel Committee for IIASA - made up of representatives from Israeli universities, government ministries, and the public - to represent the Israeli membership of IIASA.
February 19, 2018
DraftKings Brings Daily Manager Games to Austria
DraftKings, the world’s largest daily fantasy sports (DFS) or daily manager games platform, today announced its operations launch Austria. Players can now test their sports knowledge and DFS skills against players from North America and Europe.
October 9, 2017
Moody's Lifts Outlook for Austrian Banks
Moody's lifts outlook for Austrian banks on positive, because the economic recovery in Austria makes it possible to improve the outlook for domestic banks.
August 24, 2017
ANDRITZ to supply production lines to Nucor Steel Arkansas, USA
International technology Group ANDRITZ has received an order from steel producer Nucor to supply turn-key production lines for its new specialty cold rolling mill complex at the company's sheet steel mill in Hickman, Arkansas, USA. Start-up of the plant is scheduled for the second half of 2018.
March 28, 2017
Minister of Justice Brandstetter Headed an Austrian Delegation to the U.S.
The Austrian Embassy in Washington D.C. reports that Minister of Justice Wolfgang Brandstetter headed an Austrian delegation to the U.S. from January 28 to February 3, 2016. His visit included meetings with U.S. Attorney General Loretta Lynch, members of Congress, Facebook officials, as well as a tour of the Los Angeles County Jail.
March 4, 2016
Austrian Ambassador to the United States Wolfgang Waldner Presented his Credentials to President Obama
Ambassador Wolfgang Waldner presented his credentials to President Barack Obama on Thursday January 28, 2016. "I am looking forward to my upcoming tasks, especially to be part of the successful bilateral relationship our two countries share. It will be my honor to further strengthen the political, economic, and cultural bonds between the United States and Austria over the course of the next four years." Waldner said at the White House.
February 12, 2016
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 Ambassador to the U.S. Hans Peter Manz Bids Farewell
Ambassador to the U.S. Dr. Hans Peter Manz will leave Washington and return to Vienna upon completion of his four year mission. Hans Peter Manz has served as Austria’s ambassador to the United States in Washington, D.C., from December 2011 to December 2015. Before moving to the U.S., Dr. Manz was the Austrian Ambassador to Switzerland. During his diplomatic career, Dr. Manz served in a variety of positions, including inter alia, foreign policy advisor to the Chancellor of Austria. His overseas postings included Tehran, Bern and New York. Ambassador Manz will be succeeded by Ambassador Wolfgang Waldner.
December 18, 2015
US Company Contour Moves European Headquarters from Paris to Vienna
The Vienna-based European headquarters will be the strategic centre for all thermal and renewable energy facilities in Austria, Italy, Czech Republic, Romania, Poland, Slovakia, Bulgaria, Armenia, Spain, Northern Ireland and Ukraine.
December 11, 2015
Californian Woman Can Not Take Austrian Railways to Court in the US
Supreme Court says, Carol Sachs who was heavily injured in Innsbruck can’t sue in the US. Her lawsuit against the Austrian national railroad ÖBB for injuries that she suffered while attempting to board a train in Austria does not fall within the “commercial activity” exception to the Foreign Sovereign Immunities Act, and is therefore barred by the doctrine of sovereign immunity. The American wanted USD 20 million compensation from ÖBB.
December 2, 2015
Joint Russia-US Fight against ISIS: Kerry and Lavrov to Hold Syria Talks in Vienna
US Secretary of State John Kerry will meet Russian Foreign Minister Sergei Lavrov on Friday in Vienna to discuss the Syrian conflict together with their counterparts from Saudi Arabia and Turkey. The meeting was made possible following the involvement of Vladimir Putin in serious diplomacy and the surprise visit by Syrian President Bashar al-Assad to Moscow on Tuesday.
October 23, 2015
Austrian President and Various Ministers at the UN-General Assembly
Federal President Dr. Heinz Fischer, Foreign Minister Sebastian Kurz, Minister for Agriculture, Forestry, Environment and Water Management Andrä Rupprechter and Minister for Education and Women’s Affairs Gabriele Heinisch-Hosek were in New York on the occasion of the leader’s week opening the 70th General Assembly of the United Nations (UNGA).
October 8, 2015
Executives of Austrian Companies in the US and Canada Met in Chicago
For the second time, the Annual Conference for Executives of Austrian Subsidiaries returned to Chicago. A group of renowned financial, legal, economic experts and consultants presented an outlook on the business environment as well as forecasts for the US and Canadian economies to an audience of some 100 top-level Austrian executives and important decision makers from a variety of industries.
October 8, 2015
IAEA's Position and Road-Map Regarding Iran's Nuclear Program
The International Atomic Energy Agency (IAEA) and the Islamic Republic of Iran (Iran) agree, in continuation of their cooperation under the Framework for Cooperation, to accelerate and strengthen their cooperation and dialogue aimed at the resolution, by the end of 2015, of all past and present outstanding issues that have not already been resolved by the IAEA and Iran.
July 14, 2015
Iran Nuclear Deal: Joint Statement by Federica Mogherini and Iranian Foreign Minister
The joint statement by EU High Representative Federica Mogherini and Iranian Foreign Minister Javad Zarif calls on the world community "to support the implementation of this historic effort". "The Joint Comprehensive Plan of Action is a balanced deal that respects the interests of all sides. It is also complex, detailed and technical."
July 14, 2015
Iran Nuclear Deal: Historic Agreement in Vienna
The so-called P5+1 - the US, UK, France, China and Russia plus Germany and the EU have reached a "historic" deal with Iran on limiting Iranian nuclear activity in return for the lifting of international economic sanctions. The deal, known as the "Comprehensive Joint Plan of Action", was signed today in Vienna.
July 14, 2015
Embassy of the United States of America (US) in Vienna, Austria
Updated address and contact details of the Embassy of the United States of America, all sections of the Embassy (ECONOMIC / POLITICAL, POLITICAL / MULTILATERAL, AGRICULTURE, CULTURE AND INFORMATION, ADMINISTRATION, OFFICE OF THE DEFENCE ATTACHé, IMMIGRATION DEPARTMENT, CUSTOMS DECLARATION, NARCOTICS DIVISION, LEGAL) and other US representations in Vienna, Austria.
January 1, 2015 · Updated: December 17, 2015; 12:00
Secretary of State John Kerry at the OSCE Ministerial Plenary Session
"It is not our design or desire that we see a Russia isolated through its own actions. In fact, we are convinced that Moscow could rebuild trust and relationships if it simply helps to calm turbulent waters, if it takes steps now to implement the Minsk protocol."
December 5, 2014
BioEnergy International Expands Business in the USA
Listed technology company BDI BioEnergy International AG has been awarded with a contract for a plant optimisation project in California by Crimson Renewable Energy LP. The contract volume is in the lower single-digit million Euro range.
October 20, 2014
Update: Enquiry into TTIP and CETA Agreements
Details about the negotiation progress at Austria’s National Assembly have meanwhile been released. The Transatlantic Agreement CETA with Canada and the TTIP agreement with the USA have been cause for disagreements. The assembly has adopted a motion for resolution of the Social Democratic Party (SPÖ) and Austrian People’s Party (ÖVP) concerning the transatlantic economic agreements with Canada (CETA) and the USA (TTIP). The motion calls for transparency of negotiations and ratification of the agreements by national parliaments.
September 25, 2014
Netflix: "We are Proud to Bring the Future of Television to Austria"
Netflix, the American provider of on-demand Internet streaming media followed up its launches in France and Germany by adding Austria to the list of countries in which its streaming services is available. The comapny intends to capture a third of the market share. The company was established in 1997 and is headquartered in Los Gatos, California. It started its subscription-based digital distribution service in 1999. By 2009, Netflix was offering a collection of 100,000 titles on DVD and had surpassed 10 million subscribers. By July 2014 Netflix has subscribers in over 40 countries.
September 17, 2014
Miba Expands Production Facilities in the US
Automotive supplier Miba Sinter USA, LLC, is opening new production facilities in Ohio. The extension will create 100 new jobs in the next three years and represents an investment of USD 8 million.
August 1, 2014
Reinhold Krammer Inaugurated as Austrian Honorary Consul in Chicago
Consul General Georg Heindl was very pleased to inaugurate Mr. Reinhold Frank (Rein) Krammer, a business lawyer whose parents immigrated from Austria to Chicago, as first Austrian Honorary Consul for Illinois, Iowa and Wisconsin.
August 1, 2014
Pfizer's Agreement To Acquire Baxter’s Portfolio Of Marketed Vaccines Includes Facility in Austria
Pfizer Inc. announced that it has entered into a definitive agreement to acquire Baxter International Inc.’s portfolio of marketed vaccines for $635 million. As part of the transaction, Pfizer will also acquire a portion of Baxter’s facility in Orth, Austria, where these vaccines are manufactured.
August 1, 2014
Austrian Doka Provides Formwork Solutions for Tallest Residential Building in NYC
Located on what is dubbed as “Billionaire’s Row,” 432 Park Avenue is a 90-foot by 90-foot square luxury condo building being erected 1,398 feet (426m) high. When complete, it will be the tallest residential building in New York City and in the Western Hemisphere. “This building will be a landmark…rising out of Midtown like a pencil sticking up in the air twice as high as anything else in the neighborhood,” says Antonio Rodrigues, President of Roger & Sons Concrete, Inc., the contractor for the project.
August 1, 2014
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