The Vienna International Arbitral Centre (“<span class="news-text_medium">VIAC</span>”) has released its 2024 annual report, highlighting the Centre’s continued growth and regional influence. In 2024, VIAC managed 45 new cases and 71 ongoing cases, with 67% of proceedings conducted in English and 93% of the cases seated in Vienna. Despite a male-dominated pool of arbitrators (63%), the VIAC Board appointments saw 64% female representation. The report also reflects VIAC’s regional dominance, with 41% of parties coming from Central and Eastern Europe and 40% of cases governed by Austrian law. The average case duration was 12 months, with 8% of cases following expedited procedures.
You can view the full report here: <a href="https://www.viac.eu/wp-content/uploads/2025/03/VIAC-Annual-Report-2024-1.pdf" target="_blank" class="news-text_link">Annual REPORT 2024</a>.
