138:(ÖGB), not everybody was happy with his rapid rise. The fact that the Austrian print media, who for the most part venerated Kreisky and had adorned him with the nickname "Sun King," started to refer to Androsch as the "Crown Prince" did not help. When in 1975 Androsch differed with Kreisky on how to handle the reconfiguration of Austria's state-owned industry, and expressed his wish to become president of the national bank instead of continuing in the government, Kreisky himself became suspicious of the young man he had mentored for years. He started to take exception to a highly problematic incompatibility that had been public knowledge since Androsch became a member of the government: he still owned the tax advisor company (renamed Consultatio in 1970) which he had taken over from his parents, although he had placed it in
901:
162:), that culminated in a series of investigations of his personal financial conduct, which in part predated his public role or were not demonstrably connected with it. Androsch has repeatedly stated (and has repeated these allegations in a series of interviews published by the Austrian newspaper "Die Presse" in February and March 2010; see sources) that his Socialist successors in the finance ministry, Herbert Salcher and
31:
54:
investment group, Androsch
International Consulting (AIC), which is a major factor in Austria's internationally active corporate landscape. In addition, Androsch's foundation is an important sponsor of research and development activities in Austria, where he is regularly consulted on matters of political, economic and financial importance.
174:
convicted by the Vienna
Regional Criminal Court of having evaded taxes between 1974 and 1983 in the amount of about five million Austrian schillings (roughly corresponding to EUR 500,000 expressed in 2010 currency), a minuscule fraction of the original allegations. He was sentenced to a fine of 1.8 million Austrian schillings.
308:
was held. It is dedicated to "the consolidation of social balance and peace." Androsch endowed it with EUR 1 million and committed himself to increase the annual budget to EUR 10 million until 2012. It awards the Hannes
Androsch Prize (EUR 100,000 for 2011) for scientific contributions to its goals.
53:
from 1970 to 1981 and additionally as vice chancellor from 1976 to 1981; and a former banker who from 1981 to 1988 was the general director of the
Creditanstalt-Bankverein (Austria’s leading bank at that time) and subsequently an advisor to the World Bank. From 1989 onward he built an industrial
173:
A central point of
Androsch's defence concerning his personal finances — he claimed that a rich "uncle-by-choice" ("Wahlonkel" in German) had provided him with significant funds, and habitually replied "alas, no" when asked if he was a millionaire — did not hold. On 8 October 1991 Androsch was
74:
in June 1945. His mother placed seven-year-old Hannes on the window sill and instructed him to watch the events closely so that he would never forget. Androsch concluded his high school education in Vienna in 1956. He proceeded to study business administration at the
University of World Trade
111:
in his first minority cabinet on 21 April 1970. Androsch continued in this function when the
Socialist single-party government consolidated its dominance through the absolute majorities won in the elections of 1971 and 1975. Although he had not been Kreisky's first choice for this position
1108:
170:) to "construe the financial and legal proceedings against him", that would not be finally settled for the following 16 years. "I had no chance to even be heard. And many who have participated in this vendetta would now rather pretend that nothing had ever happened."
98:
and tax advisor, allowing him to participate in the financial consulting enterprise which his parents had significantly expanded; and he became a member of parliament for the
Socialist party where he earned himself a reputation as a shooting star. When
86:(1960–1961), and then to leadership of the national organization (1962–1963). Thereafter, at the age of only 25 years, he became secretary for economic issues in the club of the Socialist members of parliament, a position which he held until 1966.
1103:
626:
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estimated
Androsch's wealth at EUR 420 million, ranking him 25th among the wealthiest Austrians. Using a modified rating that also considered networking, the magazine ranked him the 22nd most powerful person in Austria's economy in 2009.
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In 1989 Androsch founded AIC Androsch
International Management Consulting GmbH, which in 1994 commenced its corporate investment and acquisition activity. Its offices are situated at the Ringstraße, opposite the Vienna opera house.
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Towards the end of 1980, after long and intense campaigns by Austria's media and a continued deterioration of his relationship with Kreisky, Androsch resigned from his political positions on 20 January 1981.
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A legally separate but politically related affair (a conviction for false testimony to the parliamentary examination board investigating the scandal surrounding the
112:(Schachner-Blazizek and Felix Slavik had declined) the two men developed a working relationship that was, initially, very good. Androsch became a strong advocate of
166:(who had been Androsch's secretary, and would later rise to chancellorship) had conspired with Kreisky, "who was simply jealous", (and with political opponent
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His political activities manifested early, and took him to the top position in the Vienna branch of the student organization of the
49:; born 18 April 1938) is an Austrian entrepreneur and consultant; a former Social Democrat top politician who served as an Austrian
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265:. He is deputy chairman of the supervisory board of FIMBAG Finanzmarktbeteiligung AG, the vehicle through which the state-owned
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Androsch has been awarded a significant number of international honors, among them an honorary doctorate in economics from the
135:
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While Androsch had built an excellent political network within the centrist wing of the Socialist party and especially the
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According to the academy, this is the most important private non-profit foundation established in Austria since 1945.
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Former investments of Androsch's holdings included major stakes in Future Advanced Composite Components (FACC) AG in
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By way of AIC, Androsch is co-owner and president of the supervisory board of the following Austrian companies:
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Appointed a new, highly productive reservoir part in Altaussee salt mine (Hannes Androsch horizon) (2003)
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489:(It never was a father-son relationship"). Interview given to the newspaper Die Presse, 28 February 2010
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495:("The chancellor was simply jealous"). Interview given to the newspaper Die Presse, 20 March 2010
242:
Sportmotorcycle AG. In 2000, he was a major founding investor of Austrian prepaid payment method
70:. The family lived through the end of World War II in Southern Bohemia, where they witnessed the
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controls its stakes in Austrian banking system. He has been chairman of the Council of the
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at ministerial level in 1979, and also served as chairman of the Interim Committee of the
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501:(You've never had a chance"). Interview given to the newspaper Die Presse, 27 March 2010
316:, a joint initiative of the Austrian Academy of Sciences and the pharmaceutical company
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Austria Technologie und Systemtechnik (AT&S) AG, Europe's largest manufacturer of
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Recipients of the Grand Decoration with Sash for Services to the Republic of Austria
62:
Androsch was born on 18 April 1938 in Vienna, where his parents, Hans and Lia, were
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On 21 June 2004, the founding session of the Hannes Androsch Foundation within the
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Cross of Honour of the Workers' Samaritan Federation on Red-White-Red Sash (2000)
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while remaining minister of finance. In this capacity he became chairman of the
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79:), where he obtained his diploma in 1959, followed by a doctorate in 1969.
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Recipients of the Austrian Cross of Honour for Science and Art, 1st class
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17:
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Sigillum Civitatis in Leoben (Seal of the citizenship of Leoben) (2005)
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The government appointed Androsch as the governor of the state-owned
139:
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Commanders with Star of the Order of Merit of the Republic of Poland
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bwin.com Interactive Entertainment AG, a developer and marketer of
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116:, in a modification that became known as “Austro-Keynesianism.”
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Palme, Liselotte. Androsch. Ein Leben zwischen Geld und Macht.
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583:[Austrian "Paysafecard" sold for 140 million euros].
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Honorary Chairman of the Workers' Samaritan Federation (2005)
469:
Androsch biography at the website of the Austrian Parliament
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Decoration of Honour for Services to the Republic of Austria
253:
Androsch was also president of the supervisory board of the
94:
1967 was a fateful year for Androsch: he was certified as a
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Die 100 Mächtigsten in der Wirtschaft. trend 7/2009, p. 53
103:
turned the tables on Austria's political scenery with the
1079:
Members of the Steering Committee of the Bilderberg Group
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581:"Österreichische "Paysafecard" um 140 Mio. Euro verkauft"
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Androsch is a member of the fundraising committee of the
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and processing company and a significant player in Europe
727:
1119:
Commanders Grand Cross of the Order of the Polar Star
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Grand Decoration of Honour in Gold with Sash of the
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Interview published in NEWS No. 15/2008 (see p. 63)
1124:Vienna University of Economics and Business alumni
689:Austrian News Service press release Sept. 17, 2009
443:Honorary Member of the Vienna Economic Club (2001)
257:(AIT; formerly Austrian Research Centers, ARC) in
386:Gold Medal of the Society of St. Christoph (2001)
647:Ranking of the wealthiest Austrians in 2006 by
1084:Social Democratic Party of Austria politicians
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355:Commemorative Medal of the Parliament of the
8:
424:Austrian Cross of Honour for Science and Art
431:Vienna University of Economics and Business
77:Vienna University of Economics and Business
1099:Austrian people of German Bohemian descent
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261:, a position in which he was succeeded by
27:Austrian entrepreneur, minister of finance
1129:Austrian politicians convicted of crimes
624:BAWAG P.S.K. Company History (2005-2008)
343:Order of Merit of the Republic of Poland
291:In 2006 the Austrian economics magazine
72:expulsion of Germans from Czechoslovakia
511:
246:, until it was finally sold to British
493:"Der Kanzler war einfach eifersüchtig"
487:"Es war nie eine Vater-Sohn-Beziehung"
193:Third career as an industrial investor
250:group for 140 million euros in 2014.
236:Xi'an Aircraft Industrial Corporation
44:
7:
396:Viktor eagle badge of the SPÖ (2003)
314:Institute of Molecular Biotechnology
119:On 1 October 1976 Androsch was made
58:Youth and early political activities
700:"Reply to a parliamentary question"
687:Androsch awarded honorary doctorate
548:"Former Steering Committee Members"
376:Grand Gold Decoration with Star of
288:, which acquired the bank in 2006.
142:when he became a finance minister.
673:IMBA fundraising committee website
481:Androsch biography by Robert Sterk
25:
730:(identical with www.androsch.com)
452:Honorary Citizen of Leoben (2008)
107:he made the 32-year-old Androsch
899:
499:"Da hast du keine Chance gehabt"
267:Österreichische Industrieholding
255:Austrian Institute of Technology
185:, he became a consultant to the
457:Musikalische Jugend Österreichs
136:Austrian Trade Union Federation
215:Salinen Austria AG, Austria's
1:
226:and gaming products in Vienna
90:Rise and fall as a politician
1094:Finance ministers of Austria
306:Austrian Academy of Sciences
1089:Vice-chancellors of Austria
790:Vice-Chancellors of Austria
418:University of Mining Leoben
286:Cerberus Capital Management
209:with offices in Vienna and
129:International Monetary Fund
1145:
638:Die reichsten Österreicher
610:FIMBAG company information
276:Following the collapse of
121:Vice-Chancellor of Austria
38:Johannes "Hannes" Androsch
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876:Ernst Rüdiger Starhemberg
705:(in German). p. 1829
330:University of New Orleans
150:Second career as a banker
429:Honorary Senator of the
416:Honorary Senator of the
1074:Austrian businesspeople
1064:People from Floridsdorf
1018:Heinz-Christian Strache
891:Edmund Glaise-Horstenau
749:Salinen Austria website
734:Hannes Androsch website
455:Honorary Member of the
364:Order of the Polar Star
179:Vienna General Hospital
46:[ˈhanεsˈandʁoʃ]
881:Eduard Baar-Baarenfels
552:bilderbergmeetings.org
535:Androschs Lebensbilanz
207:printed circuit boards
105:1970 national election
34:
1013:Wolfgang Brandstetter
1008:Reinhold Mitterlehner
300:Research sponsorships
33:
1003:Michael Spindelegger
978:Susanne Riess-Passer
436:Honorary citizen of
318:Boehringer Ingelheim
271:University of Leoben
362:Grand Cross of the
114:Keynesian economics
643:2011-02-27 at the
474:2008-10-28 at the
426:, 1st class (2008)
345:, 2nd class (1977)
35:
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973:Wolfgang Schüssel
811:Ferdinand Hanusch
524:978-3-453-17851-9
406:Honorary Ring of
389:Honorary Ring of
369:Honorary Ring of
96:public accountant
16:(Redirected from
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1069:Austrian bankers
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993:Wilhelm Molterer
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558:. Archived from
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238:in 2009) and in
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109:Finance Minister
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591:. 28 June 2012
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918:Adolf Schärf
851:Carl Vaugoin
841:Karl Hartleb
816:Eduard Heinl
754:FACC website
739:bwin website
707:. Retrieved
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593:. Retrieved
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564:. Retrieved
560:the original
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263:Peter Schwab
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64:tax advisors
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1054:1938 births
998:Josef Pröll
826:Felix Frank
728:AIC website
259:Seibersdorf
244:paysafecard
217:salt mining
160:Alfred Worm
68:Floridsdorf
1048:Categories
958:Alois Mock
928:Fritz Bock
806:Jodok Fink
709:21 October
589:Die Presse
566:2014-02-08
506:References
187:World Bank
168:Alois Mock
651:magazine
438:Fohnsdorf
399:Medal of
371:Altaussee
348:Medal of
75:(today's
871:Emil Fey
676:Archived
653:Archived
641:Archived
627:Archived
613:Archived
483:(German)
472:Archived
18:Androsch
463:Sources
408:Fehring
42:German:
595:4 July
522:
440:(1998)
433:(1983)
420:(2008)
410:(2004)
403:(2003)
393:(2002)
391:Leoben
380:(1998)
378:Styria
373:(1998)
359:(1979)
352:(1978)
339:(1974)
324:Honors
248:Skrill
211:Leoben
140:escrow
703:(pdf)
649:trend
350:Tyrol
293:trend
278:Refco
711:2012
597:2018
520:ISBN
125:OECD
240:KTM
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782:e
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40:(
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