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Christian Kern
Christian Kern (; born 4 January 1966) is an Austrian businessman and former politician who served as Chancellor of Austria from 17 May 2016 to 18 December 2017 and chairman of the Social Democratic Party from 25 June 2016 to 25 September 2018. A business journalist by profession, the member of Austria's Social Democratic Party served as spokesman of the SPÖ's parliamentary group leader in the mid-1990s, before he became a senior manager in Austria's leading electricity company Verbund AG. In 2010, Kern was appointed CEO of the state-owned Austrian Federal Railways (ÖBB), chairing the Community of European Railway and Infrastructure Companies (CER) from 2014 onwards. Following the resignation of Werner Faymann amidst the presidential election, the governing Social Democrats nominated Kern for the office of chancellor. Kern was sworn in as Chancellor of Austria on 17 May 2016, vowing to continue the " Grand coalition" with the People's Party (ÖVP), but promising a " New De ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chancellor Of Austria
The chancellor of the Republic of Austria () is the head of government of the Republic of Austria. The position corresponds to that of Prime Minister in several other parliamentary democracies. Current officeholder is Karl Nehammer of the Austrian People's Party (ÖVP), who was sworn in on 6 December 2021 following the resignations of Sebastian Kurz and Alexander Schallenberg, of the same party, as party leader and Chancellor. All three leaders formed a government with the Green Party, the first coalition between these two parties at the federal level. Brigitte Bierlein was the Second Republic's first , forming a nonpartisan caretaker government between a vote of no confidence in Kurz's first government in June 2019 and the formation of his second in January 2020. The chancellor's place in Austria's political system Austria's chancellor chairs and leads the cabinet, which is composed of the chancellor, the vice chancellor and the ministers. Together with the president, who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2016 Austrian Presidential Election
Presidential elections were held in Austria on 24 April 2016, with a Two-round system, second round run-off on 22 May 2016. However, the results of the second round were annulled and a re-vote took place on 4 December 2016.Klatzer, Jürgen, Daniela Wahl and Peter Temel"Hofburg-Wahl: Stichwahl auf 4.12. verschoben, Jungwähler kommen in Wählerregister" (in German) ''kurier.at'', 12 September 2016. Incumbent President Heinz Fischer had served two terms and was not eligible to be elected for a third successive term. In the first round of the election, Norbert Hofer of the Freedom Party of Austria (FPÖ) historically received the most votes. Alexander Van der Bellen, a member of the The Greens – The Green Alternative, Austrian Greens contesting as an independent, placed second, also a historic success for a member of the Greens. The candidates of the two governing parties, the Social Democratic Party of Austria, Social Democratic and Austrian People's Party, Austrian People's part ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FK Austria Wien
Fußballklub Austria Wien AG (; known in English as Austria Vienna, and usually shortened to Austria (German: Österreich) in German-speaking countries, is an Austrian association football club from the capital city of Vienna. It has won the most trophies of any Austrian club from the top flight, with 24 Austrian Bundesliga titles and 27 cup titles, although its rival SK Rapid Wien holds the record for most national championships with 32. Alongside Rapid, Austria is one of only two teams that have never been relegated from the Austrian top flight. With 27 victories in the Austrian Cup and six in the Austrian Supercup, Austria Wien is also the most successful club in each of those tournaments. The club reached the UEFA Cup Winners' Cup final in 1978, and the semi-finals of the European Cup the season after. The club plays at the Franz Horr Stadium, known as the Generali Arena since a 2010 naming rights deal with an Italian insurance company. History Foundation to World ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Power Transmission
Electric power transmission is the bulk movement of electrical energy from a generating site, such as a power plant, to an electrical substation. The interconnected lines that facilitate this movement form a ''transmission network''. This is distinct from the local wiring between high-voltage substations and customers, which is typically referred to as electric power distribution. The combined transmission and distribution network is part of electricity delivery, known as the electrical grid. Efficient long-distance transmission of electric power requires high voltages. This reduces the losses produced by strong currents. Transmission lines use either alternating current (HVAC) or direct current (HVDC). The voltage level is changed with transformers. The voltage is stepped up for transmission, then reduced for local distribution. A wide area synchronous grid, known as an "interconnection" in North America, directly connects generators delivering AC power with the same rela ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mergers & Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Verbund AG
Verbund AG, formerly known as Verbundgesellschaft or Österreichische Elektrizitätswirtschafts-AG, is Austria's largest electricity provider. Verbund covers around 40 percent of electricity demands in Austria and generates 90 percent thereof from hydro power. In addition, Verbund operates the supraregional power grid through its subsidiary APG. Verbund AG is listed on the Vienna Stock Exchange and in the ATX, the key index of Austrian stock-listed companies. The largest shareholder, at 51%, is the Republic of Austria. History 1947 saw the establishment of Verbund as "Österreichische Elektrizitätswirtschafts-AG" through the second nationalization act. In the post-war years, the company's most urgent task was the planning, construction and operation of large power plants as well as the operation of the supraregional power grid. At the same time, special purpose vehicles (SPVs) were established to promote the construction of large hydropower and thermal power plants. The shar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Chancellery Of Austria
In Austrian politics, the Federal Chancellery (german: Bundeskanzleramt, lit=federal chancellery, abbreviated ; historically also and ) is the ministry led by the chancellor. Since the establishment of the First Austrian Republic in 1918, the Chancellery building has served as the venue for the sessions of the Austrian cabinet. It is located on the Ballhausplatz in the centre of Vienna, vis-à-vis the Hofburg Imperial Palace. Like Downing Street, Quai d'Orsay or – formerly – Wilhelmstrasse, the address has become a synecdoche for governmental power. Responsibilities The chancellery's primary function is to align the policies and public relations of the Federal Government. It represents the executive on federal level in matters of the Constitution of Austria and in international courts. It is also in charge of women's rights and gender equality, civil service, public administration and management, exercised by Ines Stilling in the rank of a Federal Minister and member of the A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Journalism
Business journalism is the part of journalism that tracks, records, analyzes and interprets the business sector, business, Economy, economic and finance, financial activities and changes that take place in societies. wikt:topic, Topics widely cover the entire purview of all commerce, commercial economic activity, activities related to the economy. This area of journalism provides news and feature Article (publishing), articles about people, places and issues related to the business sector. Most newspapers, magazines, radio, and television-news shows include a business segment. Detailed and in-depth business journalism may appear in publications, radio, and television channels dedicated specifically to business and financial journalism. History Business journalism began as early as the Middle Ages, to help well-known trading families communicate with each other. Around 1700, Daniel Defoe—best known for his novels especially ''Robinson Crusoe''—began publishing business and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Communication Studies
Communication studies or communication science is an academic discipline that deals with processes of human communication and behavior, patterns of communication in interpersonal relationships, social interactions and communication in different cultures. Communication is commonly defined as giving, receiving or exchanging ideas, information, signals or messages through appropriate media, enabling individuals or groups to persuade, to seek information, to give information or to express emotions effectively. Communication studies is a social science that uses various methods of empirical investigation and critical analysis to develop a body of knowledge that encompasses a range of topics, from face-to-face conversation at a level of individual agency and interaction to social and cultural communication systems at a macro level. Scholarly communication theorists focus primarily on refining the theoretical understanding of communication, examining statistics in order to help subs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simmering (Vienna)
Simmering (; Central Bavarian: ''Simmaring'') is the 11th district of Vienna, Austria (german: 11. Bezirk, Simmering). It borders the Danube and was established as a district in 1892. Simmering has several churches, some museums, schools, old castles, and four cemeteries, one of them being the Wiener Zentralfriedhof, one of the largest cemeteries of Europe. History The first indications of the settlement ''Simmering'' are from 1028. A brewery was built in 1605 and continued to bring in revenue for the area for more than 300 years. Simmering remained small until 1860, when the ''Rinnböckhäuser'' housing development was built, which at the time was the second-largest in Vienna, and resulted in rapid growth in the area. ''Kaiserebersdorf'' (earlier known as ''Ebersdorf'') was one of the original villages in the district and held the residence of the ''Ebendorfer'' dynasty. Holy Roman Emperor Maximilian II hunted frequently in the area and converted the residence into the huntin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Red Tape
Red tape is an idiom referring to regulations or conformity to formal rules or standards which are claimed to be excessive, rigid or redundant, or to bureaucracy claimed to hinder or prevent action or decision-making. It is usually applied to governments, corporations, and other large organizations. Things often described as "red tape" include filling out paperwork, obtaining licenses, having multiple people or committees approve a decision and various low-level rules that make conducting one's affairs slower, more difficult, or both. Red tape has been found to hamper organizational performance and employee wellbeing by meta-analytic studies in 2020. A related concept, administrative burden, refers to the costs citizens may experience in their interaction with government even if bureaucratic regulations or procedures serve legitimate purposes. Origins It is generally believed that the term originated with the Spanish administration of Charles V, King of Spain and Holy Roman Emp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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