At the recently held extraordinary general meeting of STRABAG SE, Thomas Bull was dismissed. Bull was the member of the Supervisory Board delegated by the major shareholder Rasperia Trading Ltd, which is the third largest shareholder in Strabag with a share of 27.8%, alongside the […]
A new proposal from the European Commission aims to combat competition-distorting subsidies from third countries. The proposal was prompted by the increasing global imbalance between EU companies and companies from third countries. China in particular poses a problem in such cases. These measures are intended […]
At the recently held extraordinary general meeting of STRABAG SE, Thomas Bull was dismissed. Bull was the member of the Supervisory Board delegated by the major shareholder Rasperia Trading Ltd, which is the third largest shareholder in Strabag with a share of 27.8%, alongside the […]
To counter Russia’s aggression against its neighbor Ukraine, many countries have imposed tough sanctions on Russia. These sanctions are doing enormous damage to the Russian economy and thus to Russia’s war effort. Many European countries and the U.S. want to impose a gas embargo on […]
To counter Russia’s aggression against its neighbor Ukraine, many countries have imposed tough sanctions on Russia. These sanctions are doing enormous damage to the Russian economy and thus to Russia’s war effort. Many European countries and the U.S. want to impose a gas embargo on […]
The Russian halt in gas supplies to Poland and Romania has made the EU aware of how dependent it is on Russian raw materials. Now, solutions are being feverishly worked on throughout Europe and alternative suppliers are being sought to avoid being under Russian control. […]
Germany and Austria have always been important trading partners. After a decline in bilateral trade between the two countries in 2020, it recovered again in 2021: “While the German-Austrian trade volume still declined by around 9 percent in 2020, the old strength was regained in […]
The Russian war of aggression against Ukraine caused many Ukrainians to leave their homes. As reported by Vindobona.org, the UN estimates that 5 million people fled Ukraine and another 7 million are internally displaced. As reported by Vindobona.org, the many Ukrainian protection seekers who have […]
Austria’s Minister of Labor Martin Kocher and Minister of Economics Margarete Schramböck recently presented a planned reform to the Red-White-Red Card. The Red-White-Red Card is a document that people from third countries need to gain access to the Austrian labor market. It is issued for […]
Austria is planning to phase out Russian natural gas. This was announced recently by Energy Minister Leonore Gewessler of the Green Party. Previously, there had been heated debates in the national parliament and at the international level on how to deal with the export hit […]
