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Transport Industry
Rail Cargo Austria :End of Losses Not in Sight
The losses of the ÖBB subsidiary Rail Cargo Austria rise to at least 200 million euro The end is far away. Lay offs and restructuring are necessary.
October 7, 2010
AVL Opens Battery-Testing Lab in Shanghai
With the opening of its battery laboratory at AVL Shanghai Tech Center in China, the company has taken a further visible step on the path toward powertrain electrification in the area of battery development.
October 6, 2010
ÖBB: 100 Million Euro Savings Through Improved Purchasing
ÖBB want to save 100 million Euro during the next three years with cheaper and better organized purchasing. Shunting and traction are merged.
September 27, 2010
Meinl Bank Pays 6 Million Euro: Airport Intl. and Power Intl. Reach a Partial Agreement
Meinl Bank and International Power pull back all the claims against each other, except those in the arbitration court.
September 27, 2010
Martin Schlaff: Acquisition of Several Latvian Oil Transport Companies Planned
After four years of delay Schlaff is reported to be planning the takeover of several Latvian transport companies.
September 20, 2010
Direct Connection with Kabul - Afghan Kam Air Lands in Vienna
The private Afghan airline Kam Air started with the direct flights Kabul-Vienna-Kabul.
September 16, 2010
Vienna International Airport: Costly Investment at Friedrichshafen Airport
The financial disaster relative to the new Skylink terminal, which will cost nearly one billion euro instead of 400 million, is certainly the biggest problem the airport’s top management is facing - but not the only big one anymore.
September 16, 2010
Vienna International Airport: 13.0% increase in passengers during August 2010
In August 2010 the number of passengers handled by Vienna International Airport increased 13.0% year-on-year to 1,991,481.
September 10, 2010
Kapsch TrafficCom's South African subsidiary wins contract worth EUR 17.5 million
TMT Services and Supplies, the South African subsidiary of Kapsch TrafficCom has been awarded a contract by the City of Johannesburg worth approximately EUR 17.5 million.
September 2, 2010
Registration numbers of new passenger cars are up
Provisional number of new passenger car registrations in August 2010: +10.4%.
September 1, 2010
Airports International - third capital repayment
This third capital repayment follows the initial capital repayment amounting to €2.25 per certificate at the beginning of June 2009, and the second capital repayment amounting to €0.70 per certificate at the end of October 2009.
August 18, 2010
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