Sponsored Content
Upper Austria
Gas Extraction in Upper Austria: Opportunities and Challenges for ADX Energy's Test Drillings
The planned natural gas extraction in Upper Austria is causing controversy. While the Australian company ADX Energy sees gas as a contribution to national energy independence, environmentalists warn of the ecological and climate policy consequences of new fossil fuel projects.
September 12, 2024
Large Natural Gas Field Found in Austria
The small town of Molln in Upper Austria could make an important contribution to the gas supply of the entire country in the next few years if the conjectures prove true. Test drilling is said to have already taken place, therefore it is known that the gas is of the best quality. The Australian company ADX Energy wants to start drilling for it this spring.
January 16, 2023
French Ambassador Gilles Pécout in Austria Visits Linz
As part of the initiative "Das Land tagt mit der Welt" ("The country meets with the world") by the President of the Provincial Parliament, Peter Binder, an event was held to "promote more internationality and cosmopolitanism in Upper Austria. The French ambassador to Austria, H.E. Gilles Pécout, arrived from Vienna as a guest of honor.
December 28, 2022
Ukrainian Ambassador in Vienna: "We need humanitarian assistance"
The war in Ukraine has been going on for several weeks and the humanitarian crisis is a new challenge for Europe. The Ukrainian Ambassador to Austria, Vasyl Khymynets, met with the Governor of Lower Austria, Johanna Mikl-Leitner, and Provincial Councilor Martin Eichtinger for talks at the Palais Niederösterreich in Vienna. The discussion focused on Russia's violations of human rights and humanitarian aid to Ukraine.
March 17, 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
Austrians Abroad Want Dual Citizenship at Last
There are growing calls among Austrians abroad for a change to Austria's strict laws regarding dual citizenship. Read about the citizens' initiative "Dual Citizenship for Austria" and the increasing support it is receiving from Austrians abroad, expats in Austria, and Austrian politicians.
December 8, 2021
Full Lockdown in Austria: These Rules Apply from November 22 to December 12, 2021, Inclusive
An Austria-wide lockdown for everyone, including those vaccinated, has again been in effect in Austria since Monday, November 22, due to the dramatic Corona situation. The updated key points in detail.
November 23, 2021
Covid in Austria: Lockdown From Monday, Immediate Tightening of Measures in Vienna
Chancellor Schallenberg and Health Minister Mückstein have announced a nationwide lockdown for Austria beginning Monday. As of February 1, 2022, vaccination will be mandatory in Austria. Additionally, Vienna has announced a tightening of COVID-19 measures effective immediately. Read about the upcoming lockdown and the new measures in Vienna.
November 19, 2021
US Embassy: Visit of the Chargé d'affaires Strengthens Economic Ties between USA and Upper Austria
The Chargé d'affaires of the US Embassy in Vienna Mario Mesquita visited Linz and met with Upper Austrian Governor Thomas Stelzer and Voestalpine CEO Herbert Eibensteiner. Read about Mesquita's visit and what was discussed.
November 11, 2021
Potential Closure of MAN Plant in Austria
After the majority of the workforce in the MAN plant in Steyr voted against a takeover concept of a potential investor, Austria's federal and state governments are highly invested in supporting a solution that would save more than 1,000 jobs in Steyr, Upper Austria. No solution would mean a closure of the plant by 2023.
April 14, 2021
Austria: No more Border Controls with Neighbouring Countries except Italy
Restrictions on freedom of travel due to the Corona pandemic will be discontinued. The only country for which restrictions remain in place for the time being is Italy. A further evaluation is planned next week.
June 3, 2020
Austria and Germany Agree to Open Borders on 15 June
The gradual opening of the borders between Austria, Germany and Switzerland will begin as early as Friday. From May 15th onwards there will only be spot checks at the borders between Austria and Germany, both countries announced. From 15 June, the borders are to be opened completely. Opening to Italy is not an issue for the time being.
May 13, 2020
Russia Expands Network in Upper Austria
Wolfgang Mayer of the company Backaldrin was elected Honorary Consul of the Russian Federation for Upper Austria in Asten/Upper Austria by the Russian Ambassador in Austria, H.E. Dmitrij Ljubinskij. After the already established Honorary Consulates in Innsbruck and Bludenz, he thus takes over the third Russian Honorary Consulate in Austria. His task is to look after the 3000 Russians in Upper Austria and to promote culture and education.
May 16, 2019
Adolf Hitler Birthplace Expropriation - Fight for Higher Compensation
Adolf Hitler's birthplace, where he was born on 20 April 1889, is located in the Upper Austrian town of Braunau am Inn and is a listed town house. After years of dispute, the Austrian Parliament passed a law on the expropriation of the previous owner, so that the building became the property of the Republic of Austria. According to "Salzburger Nachrichten", a ruling by the Regional Court of Ried im Innkreis now awards the owner in excess of 1.5 million euros, instead of the 310,000 euros previously awarded.
February 6, 2019
Austrian Property Prices on the Rise
Since 2009, the average increase in property prices in Austria came at 18.5%. Above all, the demand in land is growing substantially.
September 14, 2012
Different Economic Dynamics Among Austrian Provinces
In 2011, Styria achieved the highest economic growth rate among the nine Austrian provinces. This year, Upper Austria is expected to lead the ranking.
June 4, 2012
Voestalpine to Invest € 500m at Main Site
The Austrian steel company builds a new strand casting house. Voestalpine warns of excessive greenhouse gas regulations.
March 22, 2012
Central-Upper Austria Overtakes Vienna in GDP per Capita
The urban Upper Austrian region Linz-Wels has the highest GDP per capita in Austria. Vienna ranks second.
January 31, 2012
VKB Records Rise in Results
The regional bank VKB´s operating result improved by 9.0%.
January 28, 2012
S&P Downgrades Austrian Provinces
The U.S. rating agencies lowers ratings for Upper Austria, Vienna and Tyrol from “AAA” to “AA+”.
January 26, 2012
FACC Builds R&D Center in Upper Austria
The Austrian aircraft component manufacturer invests a total of € 54m in the project. Turnover is expected to increase by 20% to € 330m in the current year.
November 18, 2011
Capital Increase for Energie AG
The Upper-Austrian regional energy provider will raise its capital by € 200m.
November 5, 2011
Upper Austria Waits for Google
The Austrian province already has provided the infrastructure for the U.S. internet service provider google. But construction works for the data processing center did not began until now.
October 8, 2011
Tiger Coatings Continues Expansion in China
The Upper Austrian producer of industrial coatings will open a new plant in western China. Group turnover will amount to € 175m in 2011.
September 30, 2011
AMAG to Expand Capacity of Canadian Smelter
The Austrian manufacturer of aluminum products is currently negotiating the project with four partners.
September 16, 2011
Miba Reports Strong Growth in Sales
The Austrian component supplier achieved a sales increase of 38.5% in the first half of FY 2011/12. EBT amounted to € 28.6m, slightly higher than in the previous year.
September 9, 2011
Emporia Hires Boris Nemsic as Advisor
The telecom expert was appointed to the advisory board of the Upper Austrian manufacturer of mobile phones for elderly people.
September 8, 2011
Emporia has Expansion Plans
The Austrian manufacturer of mobile phones for elderly persons intends to enter the US and the Russian market.
September 5, 2011
FACC to Build Construction Plant in Russia
The Upper Austrian aircraft component manufacturer and its Russian partner invest a total of € 55m in Kazan. The new plant will supply components for commercial aircraft starting from 2013.
August 18, 2011
Upper Austrian PAA Laboratories Acquired by GE Healthcare
The Pasching-based cell culture company will combine with the global provider of medical technologies and services. The deal is expected to close in the third quarter.
August 18, 2011
Rosenbauer Receives Record Order from Brazil
The Austrian manufacturer of fire fighting vehicles will outfit Brazilian airports with 80 Panther ARFF ready for Football World Cup 2014. It is the biggest single order for this vehicle in the company’s history.
August 18, 2011
Zhengzhou Acquires Plant in Upper Austria
The Chinese state-owned company takes over a textile machine factory in Linz from Swiss Oerlikon.
August 9, 2011
Hypo Upper Austria Expects Stable Results
The Austrian regional bank achieved profit before taxes of € 16.6m in the first half of the year, up 1.2% year-on-year.
August 8, 2011
German Rail Cartel: Increasing Pressure on voestalpine
The German Federal Cartel Office made new inspections at a local subsidiary of the Austrian steel company. According to press reports, price fixing on the German rail market continued until 2011.
July 20, 2011
RLB OÖ to Sell Its Stake in Polytec
The Upper Austrian regional bank will sell its shares in the component supplier for approximately € 34m.
June 29, 2011
Miba Continues Its Growth Course
The Austrian component supplier’s level of orders reached a peak of € 260m. Sales increased by 41.5% to € 138.7m in the first quarter.
June 10, 2011
Oracle Partners with Linz University
The U.S. software giant opens a research laboratory at the Johannes Kepler University in Linz.
May 10, 2011
Miba Engine Running at Full Speed
The Austrian component supplier could significantly increase its results. EBIT could rise more than threefold. Investments are pushed strongly.
May 5, 2011
Better Results for Lenzing
The Austrian pulp manufacturer Lenzing expects better performance in 2011 than originally forecast.
May 5, 2011
Rise in Sales and Profits for Linz Textil
"Our profits did not just rise, they exploded", CEO Dionys Lehner stated.
May 2, 2011
High Tech Industries Achieves Turnaround
HTI High Tech Industries AG ("HTI"), currently listed in the mid market of the Vienna Stock Exchange, generated significant earnings growth in the first quarter of 2011.
April 29, 2011
Teufelberger Becomes Supplier of Automotive Industry
The specialty cable manufacturer from Upper Austria is undertaking its first steps to establish itself in the automotive supplier industry.
April 27, 2011
Every second Company Concerned by Crisis in Libya and Japan
According to a survey in Upper Austria, 46% of the companies are concerned by the rise in commodity and energy prices or by supply bottlenecks in the electronic industry.
April 23, 2011
Banner on Growth Course
The Upper-Austrian manufacturer of car batteries could raise its sales up to € 225m. Investments of € 20m are planned.
April 22, 2011
Lenzing to switch to prime market of Vienna Stock Exchange on 18 April
Lenzing AG will start listing on the Vienna Stock Exchange’s prime market – the premium segment – as of 18 April 2011.
April 16, 2011
Resch &Frisch - Expands to Italy
The baked goods producer was able to increase its sales in 2010 again. The market is to be expanded to the south.
April 13, 2011
Slight Rise in Results for Sparkasse Oberösterreich
The regional bank could achieve an operating profit of € 96m in 2010. This enabled the pre-crisis levels to be reached again.
April 2, 2011
voestalpine Increases Research Budget to a Record High
In the new business year 2011/12, which begins on April 1, 2011, the Austrian steel company set asiede more than € 120m for product and technology development.
March 30, 2011
Lenzing: Demand is Greater than Capacity
The Upper Austrian pulp producer finds it difficult to cope with the growing demand. Further works are planned.
March 15, 2011
RLB Upper Austria Intends to Grow in Russia
The regional bank Raiffeisenlandesbank Upper Austria (RLB) purchased a 2.95% share in the South Russian Krayinvestbank in Krasnodar.
March 14, 2011
Fast News Search
