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Transport Industry

Pricing Agreements in Austria's Transport Industry

The Austrian Federal Competition Authority has ncovered two shipping cartels involving several well-known carriers.

January 21, 2011

Vienna International Airport: +8.7% Passengers During 2010

The strongest increase has been recorded in passenger traffic to Eastern Europe and to the Middle East. For 2011, the company expects a 5.0% increase.

January 20, 2011

Mixed Results for Linz Airport

2010 ended with a historical record in freight earnings for the “blue danube airport linz” However, regular passenger volumes decreased slightly.

January 15, 2011

AUA and Flyniki: Passenger Growth

Austrian Airlines increased its number of passengers by 9.7% in 2010; Flyniki achieved an increase of 29%.

January 13, 2011

Austrian Airlines: Negotiations Finished

The management of the Austrian Airlines and worker representatives agreed to increase salaries slightly in 2011. Thus, strikes will not take place.

January 7, 2011

AUA: For now, Negotiations Instead of Strikes

At the end of the year, there were still signs of strike for the staff of Austrian Airlines. Now the situation seems to calm down.

January 4, 2011

Poor Outlook for Creditors of SkyEurope

The Austrian-Slovakian airline, which became insolvent in 2009, will only reach a quota of 16%.

January 4, 2011

Austrian Federal Railways Needs € 400m

Christian Kern, CEO of the Federal Raiways (ÖBB), backed up his call for a capital increase.

January 3, 2011

Increase of Debts Slows Down at Asfinag

According to the Austrian motorway company Asfinag, austerity is slowly starting to show results.

January 3, 2011

AUA has to Cancel Flight to the U.S.

Persistent snowstorms in the eastern United States, have forced Austrian Airlines to cancel a flight to New York, as local airports there are closed.

December 27, 2010

Economic Chamber Criticizes Import Control System

According to the WKÖ, Austrian businesses incur additional costs and bureaucracy by the import control system.

December 27, 2010

Success For Siemens Austria in Norway

The Austrian Subsidiary of the German technology group received orders of 32 ecological threepart subway-trains for the Norwegian capital Oslo.

December 22, 2010

French SNCF Participates in Westbahn Project

The French National Railways acquire a stake of 25% in the Haselsteiner project.

December 17, 2010

Inflation falls to 1.9% in November

According to calculations by Statistik Austria, the inflation rate for November 2010 was 1.9% after 2.1% in October. Price drivers are energy and housing.

December 16, 2010

Changes on the Management Board of Vienna International Airport

After several weeks of controversial discussions, the Supervisory Board announced Christoph Herbst as new CEO. He will succeed Herbert Kaufmann.

December 16, 2010

JCL Logistics and Rail Cargo Austria Step into Strategic Alliance

Both logistics companies agree to establish a cooperation in groupage service. Their common target is to reach synergies in their transport network.

December 15, 2010

Linz AG: Decrease in Operating Profits

The Upper-Austrian energy supplier experiences a slight increase in sales. Profits declined. However, the board states to be “satisfied”.

December 14, 2010

Skylink: Resignation of Executive Board or Supervisory Board

The Vienna Airport Skylink debacle is becoming a political issue. Staffing decisions have been made.

December 14, 2010

New Logistics Center for Gebrüder Weiss in Romania

The logistics company Gebrüder Weiss has entrusted the construction of a logistics center in Sibiu to the Unger Steel Group as general contractor again.

December 14, 2010

Vienna International Airport: Plus 12.1% in passengers during November 2010

The number of passengers handled by Vienna International Airport in November 2010 rose by 12.1% year-on-year to 1,550,324.

December 14, 2010

AUA: Significant Passenger Growth in November

Austrian Airlines transported 6.8 percent more passengers than 2009/11. Plus 9.9 percent in the first eleven months this year

December 9, 2010

DO & CO - Good Results in a Difficult Environment

The Austrian catering company Do&Co; currently achieves high growth in profits. Globally, Do&Co; however remains a small player.

December 2, 2010

Extra-budgetary Debts Grow Unabated

Debt levels which are not attributed to the Austrian Federal Budget rise exorbitantly. Above all, the ÖBB and Asfinag are responsible.

November 30, 2010

Kapsch TrafficCom Increases Revenues by 85%

In contrast to negative earnings in FY10-H1, Kapsch TrafficCom Group, listed on the Vienna Stock Exchange, recorded clearly positive earnings in FY11-H1.

November 26, 2010

ÖBB-CEO Kern Reconstructs Freight Division

After the decisions made about personnel, Kern wants to make the freight division profitable again. The group’s CEO has accorded himself three years for the process.

November 26, 2010

Vienna International Airport: Decisions on Personnel are Postponed

The previously rumored change of leadership at Vienna International Airport is not taking place yet. There is time until mid-December for the board, highly criticized because of Skylink.

November 26, 2010

Discounts for Austrian Airlines and Lauda at Vienna International Airport

Vienna International Airport grants Austrian Airlines and Flyniki discounts. Flyniki rises to the second most important partner.

November 25, 2010

ÖBB: Changes in Freight Traffic Leadership

Because of poor results, the ÖBB CEO has to act on facts: The managers of the freight division are being replaced.

November 25, 2010

Vienna International Airport: Strong Growth in Profits and Passengers

The Vienna International Airport (Flughafen Wien) could increase its EBIT by 15%, passengers have risen by 8.3% to 14.87m.

November 25, 2010

Wiener Stadtwerke Inaugurates New Headquarters

The largest Viennese infrastructure company concentrates its activities at the new headquarters and also sets a mark for urban development.

November 24, 2010

Siemens Austria: New Orders from Bangkok

The Thai BTSC has placed an order at Siemens for 35 additional intermediate cars for the city rail system. Works in Bangkok start in 2012..

November 22, 2010

Audit Court: Massive Criticism of Vienna International Airport

The Court expects significantly higher costs for Skylink than the airport itself. There are personal consequences.

November 19, 2010

Infrastructure Development: Investing in the Future or Incurring Debt?

While industry competes for sites for the development of infrastructure, legitimate questions are being raised on financial issues.

November 15, 2010

Traffic Expenditures: € 4.3bn less

As a consequence of the new budget, public infrastructure projects are being reduced considerably. Postponed projects and low-cost alternatives will save money.

November 12, 2010

Linz AG: Pause After Investment Offensive

The municipal company recorded extraordinary high capital expenses in 2009. The next projects are still in the planning phase.

November 11, 2010

Strabag: Major Contract in Romania for 220 Million Euro

A consortium led by Austria's Strabag has won a contract to build a Romanian motorway for 220.6 million euro.

November 11, 2010

Vienna International Airport: Strong Increase in Passengers

Vienna International Airport: Plus 11.4% in passengers during October 2010. Forecast for 2010: +9.0 % in passengers.

November 11, 2010

Traffic Result of AUA for October: Significant Passenger Growth

Austrian Airlines transported 16.5 percent more passengers in scheduled service than in same month last year. Load factor in October rises to 81 percent.

November 9, 2010

Competition for Hungarian ÖBB Subsidiary

Rail Cargo Hungaria (RCH) is still fighting for restructuring success. Meanwhile, a new competitor has appeared in the freight business.

November 5, 2010

AUA: Massive Criticism of Government

Owing to the flight ticket tax one feels lied to by the politicians. Contrary to promises, there is no support for restructuring. Not even Vienna Airport is immune from criticism.

November 4, 2010

4.25% Kapsch TrafficCom Bonds Successfully Placed

Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, successfully placed corporate bonds with a tenor of seven years and a volume of Euro 75 million.

November 3, 2010

Strabag and Alpine Suspected of Cartelization

Damages for 2 billion euro (2.8 billion dollars) are said to be the result of forming a construction cartel for motorway construction in Slovenia.

November 3, 2010

Contract for Kapsch TrafficCom in Poland

The consortium led by Kapsch came out as the best bidder for the implementation of a toll system on Polish motorways. The contract has been signed now.

November 3, 2010

Lauda is Evaluating whether to Move From Vienna

The owner and CEO of the Austrian low-cost airline Flyniki is considering a withdrawal from Austria. He is very upset over the tax on airline tickets to be implemented on January 1, 2001.

November 2, 2010

Strabag CEO Haselsteiner: Koralmtunnel Has To Be Built

Haselsteiner reacts sharply to criticism of the construction of the Koralm tunnel. He sees the infrastructure measure as economically sensible.

November 2, 2010

ÖBB: Alleged Corruption

An internal document about a meeting of the ÖBB Supervisory Board in 2008 has now appeared. Bribes are openly talked about.

October 29, 2010

AUA Flights to Russia Secured

While the problem of AUA landing rights in Russia has been solved for Lufthansa until March, Austria is being accused of breach of contract by the European Commission.

October 29, 2010

AUA: Still Losses, But There Is an Upward Trend

Losses and costs fall, passenger numbers rise. Restructuring measures show results, but the target has not been reached yet, according to the board.

October 28, 2010

AUA Flight Rights in Russia: EU Proceedings Against Austria

Due to the so far preferential treatment of Austrian Airlines in Russia, Austria is now accused by the European Commission of breach of contract.

October 27, 2010

AUA: Outrage at Ticket Tax

Austrian Airlines are fearing a massive drop in sales and even see the tax as a threat to their existence.

October 25, 2010
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