It is home to a large 1st-century Roman quarry. A passion play has been presented in St Margarethen each summer for over seventy years. The town is close to the border with Hungary. The Pan-European Picnic peace demonstration was held near St. Margarethen in 1989 at the close of the Cold War. The Pan-European Picnic (German: Paneuropäisches Picknick; Hungarian: páneurópai piknik) was a peace demonstration held on the Austrian-Hungarian border near Sopron, Hungary on 19 August 1989, the day before the Hungarian holiday commemorating Stephen I of Hungary. Part of the Revolutions of 1989 leading to the lifting of the Iron Curtain and the reunification of Germany, it was organised by the Paneuropean Union and the opposition Hungarian Democratic Forum under the sponsorship of Archduke Otto von Habsburg and Imre Pozsgay.
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