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City of Vienna Wants to Build Council Flats Again

Council flats shall be build in Vienna again, mayor Michael Häupl (Austrian Social Democrats = SPÖ) announced on Thursday, during a conference.

February 26, 2015

OSCE Chief Observer at the Russian Checkpoints to Visit Headquarter in Vienna

Paul Picard, Chief OSCE Observer at the Russian Checkpoints Gukovo and Donetsk will address the OSCE Permanent Council. He will report on the situation including movements across the Russian-Ukrainian border at the Russian checkpoints at Gukovo and Donetsk.

February 25, 2015

Immofinanz CEO Calls CA Immo Takeover Offer "Ludicrous”

The head of Immofinanz, Eduard Zehetner thinks the takeover offer extended today by CA Immo and its core shareholder O1 of Russian real-estate tycoon Boris Mints, for a minority stake in Immofinanz is "ludicrous”.

February 25, 2015

Former Ambassador Aliyev is Dead: Lawyers Doubt Suicide

Rakhat Aliyev, the former son-in-law of President Nursultan Nazarbayev, is supposed to have hanged himself in his cell. Aliyev sat in Vienna-Josefstadt in custody for allegedly killing two bankers in his homeland Kazakhstan. Today he would have to testify against alleged blackmailers.

February 24, 2015

OMV CEO: 2014 Operating Results 'Solid'

Listed gas and oil group OMV posted a "solid operating result” for 2014, despite "a turbulent year” with some 50 percent drop in crude prices in H2 and security issues in Libya and Yemen, CEO Gerhard Roiss said in a comment to the figures out Thursday morning.

February 19, 2015

Aviso Zeta Against Petrikovics: Negotiations Postponed Again

Negotiations concerning the EUR 140,000 (USD 159,000) civil law trial of Aviso Zeta, formerly known as Constantia Privatbank, against former Immofinanz and former Constantia Privatbank head Karl Petrikovics have been postponed once again.

February 3, 2015

Strabag Builder Interested in Kommunalkredit Austria

Listed construction group Strabag SE is interested in SPV Kommunalkredit Austria, the daily WirtschaftsBlatt reports noting that the company mulls "a financial engagement at most”.

January 30, 2015

Celebrating 200 Years of the Congress of Vienna

Europe was reorganized at the Congress of Vienna exactly 200 years ago. Numerous princes, kings and two emperors gathered by the Danube for the negotiations. Two exiting exhibitions now provide insights into the events of 1814/15.

January 23, 2015

George Soros: "A New Policy to Rescue Ukraine"

Soros is calling on members of the European Union to behave as countries indirectly at war with Russia and to provide Ukraine with $50 billion to defend itself and kick-start political reforms. Russian President Vladimir Putin's imperial ambition has unintentionally brought into being a new Ukraine that is adamantly opposed to endemic corruption and inefficient government. By offering assistance, Europe can foster an open society in Ukraine and protect itself from Russian aggression.

January 22, 2015

10 Reasons Why You Should Invest In Vienna

In this post you'll find the top 10 reasons why your company or institution should consider investing in Vienna/Austria. In fact, we'll share the international studies which confirm the numbers and facts including its closest competitors. We look at the quality of living, the smart cities index, the prosperity, international congresses and conventions, the most reputable cities, the innovation cities index, online cities, business friendliness and other factors that influence the decision making.

January 20, 2015