16.4 C
Vienna
Monday, October 15, 2018
Zotter Chocolate
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black-market crime
How does Austria deal with Europe’s estimated €1 trillion shadow economy of black-market crime, petty tax evasion and corporate profit shifting? In Vienna, a tax fraud sting begins with an innocuous questionnaire, printed in German, English and several Slavic languages. In this polyglot city, bordering the former communist east, finance investigators approach waiters at lunchtime, construction workers in the afternoon, or bordello...
Robotics for Children
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pharmaceutical industry
Pharma's Market: The pharmaceutical industry has played an important role in Austria’s economic growth. But the challenge remains to find a balance between regulation and competitive pricing. Sluggish economic growth in Europe has governments on edge. In Austria, after four years below 1% and a modest rebound of 1.6% in 2016, one of the best prospects for continued recovery is...
Austrian Startup
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virtual reality film architecture design
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online banking erste bank
We asked board member Thomas Schaufler about designing Erste Bank’s online banking platform George In Austria, banking has not always moved with the times. From the persistence of the transfer slip (Erlagschein) to the popularity of the savings account, progress has been conservative in terms of innovation. So who better to design a burgeoning new way to do banking than...
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Arriving in Austria as a refugee, Ali Mahlodji lived in 13 apartments before he was 10 years old, dropped out of school at 18 and worked over 40 jobs before founding Whatchado, a platform that helps people find their calling. Here’s how he found his. Back in 2009, 27-year-old Ali Mahlodji could be seen on any given workday in a...
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