On October 22, 2024, WU Vienna University of Economics and Business presented its Ring of Honor to Stephan Koren, chairman of the board of Wüstenrot Wohnungswirtschaft.

The Ring of Honor of WU Vienna is presented very rarely – it has only been awarded to a total of nine recipients so far. According to the award guidelines, it is presented to people who have rendered outstanding services to the university. In his words of welcome, WU Rector Rupert Sausgruber said that Stephan Koren fulfilled these criteria to the highest degree. “He has been and continues to be a great friend and supporter of WU and therefore has a very special place in the WU community. He has accompanied WU along the way for many years with his expertise, he has always been an invaluable advisor, and, most recently, he has also helped steer WU’s development as deputy chair of the University Board,” the Rector said. The laudatory speech was given by former Austrian Federal Chancellor Wolfgang Schüssel.