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Infrastructure

High Potential for Austrian Investments in Moldova

Austria is one of the most active countries in the CESEE region ranking first in foreign direct investments (FDI) in many countries.

May 22, 2014 · Updated: May 22, 2014; 13:05

Serbia: Vucic Rejects Single-Party Government

Aleksandar Vucic, leader of the Serbian Progressive Party (SNS) and future Prime Minister, said on Tuesday that his party does not intend to govern on its own.

April 9, 2014

Austria: On Verge of Losing Business Attractiveness

The new tax package does not only burden car drivers and smokers but also the economy will have to contribute to the budget with several hundreds of millions of Euros annually.

January 15, 2014

Austria: Competitiveness Suffers from Poor Infrastructure

According to infrastructure report “FBA“ (Future Business Austria), the Austrian business location is suffering from poor infrastructure which leads to the country missing out on a productivity potential of almost € 34bn.

November 5, 2013

Boost for Municipal Infrastructure in the Western Balkans

EBRD and KfW launch new €100 million fund

November 4, 2013

WEF: Russian Economy Needs Change in Domestic Institutional Environment

The Russian Federation is poised for transformation.

November 1, 2013

Poland to Improve Railway Infrastructure

According to CIR, the Polish government’s press center, the government plans on spending PLN 979m on railway infrastructure in 2014 and a further amount of PLN 692m in 2015.

October 16, 2013

Bulgaria Supports Trans Adriatic Pipeline

During yesterday’s world media meeting, on behalf of his country Bulgarian President Rosen Plevniev expressed his support of the Trans Adriatic Pipeline project (TAP).

October 16, 2013

IMF: Serbia´s Reforms are Not Sufficient

On the occasion of a visit in Serbia, the IMF commented the efforts of the Serbian government to cut the budget gap. The austerity cuts are right, but the country needs further reforms, IMF´s team said.

October 10, 2013

WKO: Austrian Enterprises Miss out on Potential in Turkey

According to a commercial councelor at the Austrian Chamber of Commerce (WKO) in Istanbul, Austria is focused too much on Eastern Europe. Switzerland exports triple the amount to Turkey.

September 19, 2013

Croatia, Slovenia and Italy in Favor of Closer Cooperation

Italian, Croatian and Slovenian PMs push for stronger cooperation.

September 16, 2013

Kapsch Wins Contract for GSM-R Network in Slovenia

A step towards European integration: train communications technology from Kapsch is used in more than half of all EU Member States.

September 10, 2013

Romania: West Region to Catch Up Economically

Romania's West Region aims to catch up with its more developed peers in the European Union.

September 9, 2013

Lopatka Demands Reform for Austrian Railways

State Secretary Lopatka demands Minister of Infrastructure Bures to tackle the expensive pension system at the Austrian Railways by doing away with privliges for emplyoees in order to unburden tax payers.

September 4, 2013

Kapsch and the Czech Road and Motorway Directorate ŘSD recognized for transportation technology

Seven to ten wrong-way drivers per month are discovered in the Czech Republic through the use of Austrian transportation technology

August 8, 2013

Kapsch TrafficCom Starts Collecting Tolls in Belarus

The costs of the toll system established by Kapsch TrafficCom in Belarus came at € 267m and starts operating now.

August 1, 2013

Gazprom Acquires Kirghiz Gas Network

In return for a symbolic purchase price, the Kirghiz natural gas network is taken over completely by Gazprom. The Russian energy giant intends to invest billions of rubel in infrastructure.

July 29, 2013

Czech Republic to Remain in Recession

The Czech economy will, according to the Finance Ministry in Prague, shrink by 1.5 percent and only start growing again in 2014 by 0.8 percent.

July 26, 2013

China: Big Plans for Ljubljana Airport

China Southern, Asia’s biggest airline company, plans to establish a hub in Ljubljana for SEE.

July 24, 2013

Austrian GDP Growth Above European Average

In 2012, Austria saw a growth of GDP of 0.9 percent which is signifantly above the European average.

July 12, 2013

Czech Republic: Gloomy Prospects for Economy

The Czech economy is shrinking. According to experts, new Prime Minister Jiri Rusnok will not be able to change much. Enterprises have started to cut back on investments.

July 12, 2013

Polish Road Authority As Tardy Payer

Prime Minister Tusk seems unimpressed about ambassadors from six countries filing a complaint.

June 19, 2013

Lopatka: "EU Enlargement is a Driver for Reforms and Rule Of Law"

State Secretary Lopatka on DARUM EUROPA information tour.

June 18, 2013

Dispute About Tender for Orient Express

The Orient Express once led through Romania. These days, this section is cause for legal disputes in connection with the tender in the amount of € 330m.

June 13, 2013

Czech Republic: Dumping Offers for Building of Highway

Major construction companies screw down prices for the building of a highway segment from Linz to Prague.

June 3, 2013

Zagreb: In-depth Analysis of SEE Infrastructure Development Plans

Many countries of Southeast Europe are outlining ambitious infrastructure development plans within transport, social, energy and environmental projects.

June 1, 2013

World Economic Forum on East Asia 2013

Courageous transformation for inclusion and integration. Nay Pyi Taw, Myanmar, 5-7 June 2013.

May 21, 2013

Real Estate Industry: Major Losses for Properties In CESEE

According to Manfred Wiltschnigg, CEO of Austrian Real Estate Agency Immofinanz until the end of March, investments in Poland are becoming more risky.

May 6, 2013

Leitl: „Cut of Base Rate by ECB Important and Necessary Signal“

President of the Austrian Chamber of Commerce Christoph Leitl welcomed the cut of the main refinancing rate to 0.5 percent.

May 2, 2013

Vienna: Infrastructure & Construction Summit Brings Together All Balkan Countries

Government ministers from Austria and various Balkan countries will be discussing infrastructure and construction in the region at a two-day summit in Vienna at the end of May.

April 30, 2013 · Sponsored Content

Kapsch TrafficCom Last Bidder for Major Project in Slovenia

Austrian listed electronic toll system provider Kapsch is the only bidder for the establishing of an electronic toll system for trucks in Slovenia.

April 26, 2013

US: Kapsch TrafficCom Opens TDM Protocol

Kapsch and E-ZPass® Group paves the way for nationwide electronic tolling interoperability

April 26, 2013

Poland: Appealing BPO Location

Poland has been increasing its attractivity as a location for Business Process Outsourcing (BPO). This becomes evident by the numbers of personnel.

April 15, 2013

FDI: Hungary Popular With German Enterprises

The majority of German companies would again choose Hungary for their investments

April 11, 2013

Estonia and Russia to Enhance Relations

At a meeting on April 5 in St. Petersburg, Estonian Prime Minister Andrus Ansip and his Russian counterpart Dmitry Medvedev focused on the chance of reinforcing cooperations.

April 9, 2013

2012: Significant Increase in Austrian Construction Industry

According to the latest data issued by Statistik Austria, the construction industry has increased its output significantly in 2012.

April 2, 2013

Commission Praises Croatia’s Progress

Croatia has fullfilled all criteria for the EU accession on July 1, 2013.

March 26, 2013

Vienna: One of the Most Innovative Cities

According to a ranking by the Australian agency 2thinknow, Vienna is the most innovative city in Europe and scored 3rd place in the cities worldwide, succeeding Boston and New York.

March 22, 2013

Ukraine Puts More Effort in New Infrastructure

“Financing and promotion of investment projects will give a fillip for the economic development of our country.”

March 14, 2013

Vienna: General Attractiveness Decreases

The quality of the Viennese business location deteriorates. The high degree of bureaucracy and the high non-wage labor costs are the most problematic issues.

November 16, 2012

Austria´s GDP Could be € 27bn Higher

The insufficient infrastructure costs economic growth. According to the “Future Austria Infrastructure Report 2013”, Austria´s economic performance could be substantially better.

November 8, 2012

Major Order for Andritz in Laos

The Austrian technology group has received an order from CH. Karnchang (Lao) Company Ltd. to supply the electromechanical equipment for the Xayaburi run-of-river hydropower station.

October 25, 2012

EBRD Grants Major Loan to Macedonia

Macedonia was granted € 46.4m by EBRD for construction of the railroad to Bulgaria.

August 22, 2012

Austrian Urbanization Goes On

Austria's towns in figures 2011: education and social welfare, a challenge for growing agglomeration areas; services and administration, the largest budget items.

June 19, 2012

Hydro Power: Investments of € 16bn Planned

The Austrian energy Industry Calls for the construction of more hydro power plants. The renewable energy production should be enlarged considerably.

April 24, 2012

Alpine to Rebuild Railway in Macedonia

The € 7m contract to be fully financed by the European Bank for Reconstruction and Development.

April 11, 2012

Competitiveness: Austria Among Top Five

Concerning its competitiveness, Austria ranks fifth among the 27 EU members.

April 6, 2012

Austria Must Underline its Headquarter Function

Austria as hub for CEE markets is still popular. Nevertheless, there is a lack in a sustainable and flexible strategy. The geographical proximity to CEE countries is insufficient.

April 2, 2012

Asfinag to Cut Costs by € 2.8bn

The Austrian highway funding company wants to reduce construction costs by € 2.8bn over the next five years.

March 26, 2012

Strabag Extends Viennese Underground

Extension of underground line U1 in Vienna: The Austrian construction group receives contract for two construction lots. The order value reaches about € 90m.

March 21, 2012