Sports Industry

French-Austrian Gallery of Pioneer Women in Sport

On the occasion of International Women's Day and the 500 days leading up to the 2024 Olympic and Paralympic Games in Paris, the French Embassy in Austria has made a conscious decision to place March 2023 under the sign of female sports.

March 8, 2023

Austria's Vice-Chancellor and Sports Minister Kogler Against Russia's and Belarus's Participation in the 2024 Olympics

Unlike the International Olympic Committee (IOC) and the Austrian Olympic Committee (ÖOC), Austria's Vice Chancellor and Sports Minister Werner Kogler is strictly against Russia's and Belarus's participation in the 2024 Summer Olympics in Paris. According to Kogler, "it is simply unacceptable for Ukrainian athletes to compete against Russian and Belarusian athletes in the fight for medals."

February 9, 2023

European Erasmus Program Promotes Mass Sports in Austria

Grassroots sport will be the sport priority in the EU's Erasmus+ program in 2023 and will be allocated budget funds accordingly. The focus will be on European knowledge transfer to strengthen fairness, values and cohesion in sports.

November 23, 2022

"National Carrier" in German Ownership is Proud to Fly the Austrian Olympic Team to Beijing

The "Austrian Airlines" aircraft with flight number OS63, chartered by the Austrian Olympic Team, took off from Vienna Airport to bring athletes including comprehensive equipment non-stop to Beijing.

January 28, 2022

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

Coronavirus - Guidelines for Entering Sports Facilities and Fitness Centres in Austria

With immediate effect, many recreational facilities are subject to numerous relaxations, but entering and using sports facilities is not yet fully possible again. So what is allowed?

May 20, 2020

First Sub-Two Hour Marathon Challenge - Why Vienna Was Chosen?

Kenyan long-distance runner Eliud Kipchoge, the current marathon world record holder, plans to break the last great barrier of modern athletics - the 2-hour marathon. An epic challenge of this magnitude needs a suitable and equally grand location to do it justice, and the Prater in Vienna is the perfect fit - from the air quality to the climate.

October 7, 2019

Beach Volleyball - Vienna Major 2019 on the Danube Island

This summer Vienna will once again become the centre of the international beach volleyball scene. At the second Vienna Major, the world's best beach volleyball players will play exciting games on the Danube Island from 31 July to 4 August.

July 4, 2019

Marathon Under Two Hours - World Record Holder Kipchoge Wants to Break Barrier in Vienna

The marathon Olympic champion and world record holder, the Kenyan long-distance runner Eliud Kipchoge, wants to run the marathon in less than 2 hours in Vienna in October, thus cutting his current record of 2:01:39 hours by an impossible 2 minutes.

June 27, 2019

Vienna City Marathon 2019: Run Vienna – Enjoy Classics

Vienna has again and again been crowned the most livable city in the world. It is imperial, vibrant, and the perfect host city for thrilling events. Experience the impressive scenery of historic and modern architecture at a run past Vienna's most beautiful sights. The Vienna City Marathon will take place on 7 April 2019. Over 42,000 runners will take part in the event.

April 5, 2019

Vienna City Marathon 2018: Get Ready for the 35th Jubilee Race

Vienna has recently been crowned the most livable city in the world. It is imperial, vibrant, and the perfect host city for thrilling events. Experience the impressive scenery of historic and modern architecture at a run past Vienna's most beautiful sights. The Vienna City Marathon on 22 April 2018 will be a true theater of emotions and will host more than 40,000 runners from 125 nations. A million spectators along the route will provide the necessary motivation.

March 22, 2018

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

Head Reported Lower Sales and Earnings

The Dutch Ski producer, which has its production facilities in Austria, registered a decrease in sales of 1.3%. Higher amortizations caused a reduction in profits.

February 23, 2012

Blizzard Confirms Turnaround

The Austrian ski manufacturer could achieve profits again. Nevertheless, Blizzard´s management demonstrates cautious optimism.

February 4, 2012

Head’s Loss Widens Further as Costs Increase

The Dutch Vienna-listed sports equipment manufacturer generated a net loss of € 12.4m in the first nine months of the year.

November 10, 2011

Winter Tourism: Austria is Favorite for Dutch

Dutch people appreciate Austria as winter tourism location. According to a survey, Austria is ranked on number one.

November 5, 2011

Growth in U.S. Winter Sports Market as a Chance

Against 2010, the U.S. winter sports market shows a rise in sales of 12%. The Austrian winter sports industry regards this as chance.

October 25, 2011

Kneissl Acquired by “Friends of Sports”

The bankrupt Tyrolean ski producer is taken over by a German holding company. The brand name will be retained; the Kufstein production site will be expanded.

October 6, 2011

Strong Order Intake for Head

The Dutch and Vienna-listed sports article manufacturer Head records rising sales. Expectations for 2012/2013 are stable.

September 26, 2011

Kneissl to Be Taken Over by Foreign Investor

Negotiations about the sale of the bankrupt Tyrolean ski producer are about to be concluded. Three investors from Europe and overseas are still interested in an acquisition.

September 23, 2011

Kneissl: Decision about Sale to Be Taken in September

Four international investors are interested in taking over the insolvent Austrian ski manufacturer. A purchase price of € 4m is expected.

August 29, 2011

Head’s Net Loss Widens

The Dutch sporting goods manufacturer listed at the Vienna Stock Exchange incurred a loss of almost € 13m in the first half of 2011.

August 11, 2011

Bankruptcy Judge Stops Production at Kneissl

The Austrian ski manufacturer continues the search for an investor. Production has been stopped by the judge in the bankruptcy proceedings.

July 14, 2011

No Money from Al Jaber: Restructuring of Kneissl Has Failed

The last attempt to rescue the Tyrolian ski manufacturer has failed as majority owner Al Jaber has not transferred the € 2.1m necessary to continue business. The company will be liquidated.

June 15, 2011

Kneissl: Creditors Accept Restructuring Plans

Al Jaber has to pay € 2m into an escrow account before June 15. Otherwise, the Tyrolian company will be liquidated.

June 1, 2011

Al Jaber in Distress

Saudi investor Mohamed Al Jaber has to fight on several fronts in Austria. Kneissl awaits restructuring, loans are due.

April 23, 2011

Sales Increase of 7.4% for Intersport

Sales of Intersport Austria-group grew by 7.4% to € 667.7m (2008/2009: € 622m) in the financial year 2009/2010.

April 20, 2011

HEAD NV Announces Higher Sales

The Dutch/Austrian global manufacturer and marketer of sports equipment, announced the preliminary results today.

February 25, 2011

Kneissl is Insolvent

Parts of the Austrian Kneissl group have started insolvency. Sheikh Al Jaber’s capital contribution did not take place.

February 8, 2011

Kneissl: "Al Jaber pays"

The Tyrolean ski manufacturer promises once more to pay its debts. The state prosecution is already looking into the matter.

January 5, 2011

Kneissl: Insolvency Seems Inevitable

The traditional Austrian ski producer Kneissl, owned by the Arab investor Al Jaber, did not pay its mature liabilities for months.

January 3, 2011

Red Bull Massively Invests in Upper Styria

The Austrian energy drink producer Red Bull re-opens the former Formula1 race track in Styria.

January 1, 2011

Kneissl: Bankruptcy Application Possible Despite Capital Increase

The traditional Tyrolean ski manufacturer Kneissl is possibly facing lawsuits and bankruptcy applications.

November 25, 2010

No Bankruptcy Proceedings Against Kneissl

Contrary to what has been speculated for days, no bankruptcy proceedings have been filed against the Tyrolean ski manufacturer. Five execution applications have been filed however.

November 15, 2010
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