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Vienna

2.14 million people in Austria have a migration background

According to Statistics Austria, an average of approximately 2.14 million people with a migration background (24.4% of the total population) lived in Austria in 2020. This is...

Austria surpassed 7 million registered motor vehicles mark

7.1 million motor vehicles were registered as of 31 December 2020...

RBI acquires Czech CEE-FX and payments provider Akcenta

Raiffeisen Bank International (RBI) has reached an agreement to...

Storyblok raises $8.5 million Series A to fund international expansion

Storyblok has raised an $8.5 million Series A. The...

OMV to sell its business in Slovenia, where it operates 120 gas stations

OMV announced on Thursday the sale of the business...

Immofinanz expands its Stop Shop portfolio by eight locations

Six fully rented retail parks in Serbia and the Czech Republic with roughly 43,000...

OMV sold its filling station business in Germany to EG Group

EG Group will acquire OMV filling station business in Germany. The transaction is subject...

Vienna Insurance Group to pay EUR 830 million for CEE business of Aegon

Vienna Insurance Group agreed with Aegon on 29 November 2020 to acquire Aegon's insurance business...

Austrian digital platform enables fans to chat live with their favorite stars

Meet your Star is the world's first digital platform that enables fans to chat live with their favorite stars...

Overnight stays in Vienna dropped by 84.5% in October

Vienna's overnight stays in October were 84.5% lower than in the previous year and reached only 242,000. Most overnight...

BMW moves internal combustion engines production to Austria and UK

BMW is investing 400 million euros in a new vehicle assembly at the main plant in Munich and move...

Austria: Number of naturalisations decreased by 16.7% this year

6.336 persons acquired Austrian citizenship in the period January to September 2020, according to Statistics Austria. The number of naturalisations...

THQ Nordic acquires Vienna based Purple Lamp Studios

THQ Nordic completed the acquisition of Vienna-based studio Purple Lamp, effectively making it a 100% subsidiary of THQ Nordic...

Amazon is the biggest online shop in Austria. Zalando and Universal follow

Online giant Amazon secures first place in the ranking with an annual turnover of 834,3 million euros in 2019,...

Raiffeisen, € 599 million profit despite impact from COVID-19

In the first three quarters of 2020, Raiffeisen Bank International (RBI) generated a consolidated profit of...

Austrian Airlines to start mandatory Covid-19 rapid antigen tests on two flights

On November 12, 2020, Austrian Airlines is starting a further testing phase on flights...

Cable car builder Doppelmayr to cut around 200 jobs

Due to the corona crisis, the cable car builder Doppelmayr has to cut almost...

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How the Austrians spent their holidays this year

According to Statistics Austria, the number of holiday trips of Austrians with at least one overnight stay (including visits to relatives and friends) was nearly halved this year compared to the first six months of...

Austrian tourism revenues fell by 31,7% this year

From May to August, tourism revenues in Austria fell by 31.7 percent compared to the previous year, Heute reports. The corona crisis has caused massive slumps in Austrian tourism. According to an estimate by the...

Austria: Emma and Maximilian were the most popular baby names in 2019

Emma and Maximilian topped the charts of first names given to newborn babies in...

SPAR Austria, €117.000 bonus payment for local egg farmers

SPAR Austria is rewarding about 130 Austrian egg farmers for their ongoing commitment to...

Less people on minimum income scheme in Austria

A total of 267.683 persons were supported by the minimum income scheme ("Mindestsicherung") in 2019, as...