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Transport Industry
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
Polish Airline LOT Staves off State Aid
Because of the effective restructuring measures, the airline carrier has fended off the need for a capital injection by the Polish state, accordint to Deputy Treasury Minister Rafal Baniak.
October 15, 2013
Turkish Airlines Not Interested in Croatia Airlines
The Turkish airline carrier has denied rumors of acquiring states at Croatia Airlines.
September 11, 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
Transport & Logistics - DB Schenker to Expand its Operations in Croatia
Simultaneously with the accession of Croatia into the EU, and thus the abolition of customs borders between Croatia and the EU countries, Schenker positions itself on that market as a potential logistics partner.
September 3, 2013 · Sponsored Content
Romania Initiates Structural Reforms
In order to receive a precautionary loan from the IMF, Romania´s government will implement a series of reform steps. Above all, Romania starts privatizations again. Romania´s economic outlook continues to brighten.
August 3, 2013
Romania’s Economic Recovery Expected to Strengthen.
Staff teams from the International Monetary Fund (IMF), the European Commission (EC), and the World Bank visited Bucharest Romania during July 17–31.
August 1, 2013
Slovenia Lures Russian Investors
Slovenia invites Russian investors to participate in privatization plans.
July 30, 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 Airlines: Ongoing Upward Trend
Traffic Results of Austrian Airlines for June 2013: Ongoing Upward Trend in Capacity Utilization
July 11, 2013
Slovenia: Privatisations to Attract Investors
15 companies set for privatisation in Slovenia.
July 1, 2013
Kapsch Successfully Completes Interoperability Tests for GSM-R
Train communication systems from Kapsch CarrierCom successfully tested according to EU interoperability specifications.
June 28, 2013
Austria: Change on Supervisory Board of Austrian Airlines
The Annual General Meeting today decided to make a change on the Supervisory Board of Austrian Airlines AG:
June 28, 2013
Slovenia Expects Economic Recovery As Soon As 2014
On Saturday, the Slovenian Finance Ministry expressed its confidence that the newly adopted action plan would help stabilize public finances and help gain economic recovery despite of Fitch’s downgrade.
June 24, 2013
Kapsch Technology Ensures Safety on the Mecca-Medina Railway Line with it GSM-R Solution
The Prestigious High-speed rail on the pilgrimage route between the two holy cities of the Kingdom of Saudi Arabia is being equipped with the GSM-R solution of Kapsch.
June 24, 2013
Last Try to Save Polish Airline LOT
Poland’s National Treasury starts a final attempt at saving Polish Airlines LOT.
June 21, 2013
Austria: Reduction in Working Hours at ÖBB
So far, the trade association of railways at the Austrian Chamber of Commerce (WKO) has rejected the reduction of working hours at the Austrian Railways (ÖBB).
June 20, 2013
AUA „Makes Good Progress“
Chairman of Lufthansa Christoph Franz is confident that the Austrian affiliate Austrian Airways (AUA) will be able to make the turnaround in time.
June 20, 2013
Austria: Raids by EU Commission at ÖBB
The Austrian Railways is alleged of having agreed to fixed prices with other companies. House searches were carried out.
June 19, 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
AMAG to Provide Aluminium for Airbus
Listed aluminium manufacturer AMAG received a major order by defence and aerospace company EADS.
June 13, 2013
Slovenia: Commission’s Target to Be Achieved in September
Deputy Prime Minister and Interior Minister Gregor Virant announced that Slovenia will achieve the EU Commission’s aim for approving more budget cuts by the end of September to avoid international bailout.
June 6, 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
Slovenia: NKBM Still In the Reds
Particularly high risk provision caused the bank a net loss of € 8.5m. Even for the whole of 2013, losses are expected.
May 31, 2013
Poland: Alterated Restructuring Plan for LOT
LOT alters restructuring plan, expects more public aid
May 29, 2013
Croatia: Plans For Croatian Airlines’ Bankruptcy
The Croatian government has started planning in case of its national carrier declaring bankruptcy.
May 21, 2013
Croatia: PM Warns Of Croatia Airlines’ Downfall
Prime Minister Milanovic stresses the need to make changes to guarantee a future for the airline company.
May 17, 2013
Turmoil At Croatian Airlines
Employees of the carrier have been on strike for the third day in a row. Numerous flights, including air travels to Austria, had to be cancelled.
May 16, 2013
Spindelegger: “The Danube and Black Sea Regions Will Bring a Vital Impetus for the Future of Europe in Its Entirety”
“Gateway to Europe” Conference in Krems, Austria
May 16, 2013
Poland: Rescue Loan for LOT Approved
A new law passed on Friday makes it possible to privatize Polish carrier LOT.
May 16, 2013
AUA: Increased Capacity Utilization in Europe
Traffic Results for April 2013: Increased capacity utilization in Europe
May 14, 2013
Slovenia Pressed to Take “Swift and Decisive” Actions
On Monday Eurozone Finance Ministers warned Slovenia to take “swift and decisive” action to address its economic imbalances.
May 14, 2013
Poland: LOT Ready To Be Privatized
A new law passed on Friday makes it possible to privatize Polish carrier LOT.
May 14, 2013
Gazpromneft-Aero Signed Major Contract With Turkish Airlines
Gazpromneft-Aero signed a long-term contract with the Turkish airline transport company to refuel all flights.
May 8, 2013
Istanbul to Receive € 22bn for World's Largest Airport
Today, a Turkish construction consortium has secured itself a record sum of around € 22bn for the contract of the construction of the world’s biggest airport in Istanbul.
May 3, 2013
Croatia: Pushing Ahead With Croatia Airlines Restructuring
Despite of protests of employees restructuring measures will be continued.
May 3, 2013
Croatia Airlines To Cancel Flights After Staff Went On Sick Leave
Croatia Airlines had to cancel 13 flights on May 1, after 25% of the airlines staff went on a sick leave, in what the heads of the airline consider a protest against changes to employment conditions.
May 2, 2013
Austrian Airlines: Worse Results Than Expected
Results of the first quarter of 2013: Austrian Airlines improves earnings by EUR 11 million only.
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
Lopatka: „Poland Important Economic Partner and Ally of Austria in EU“
Austrian State Secretary encourages bilateral relations and trade between the two Central European countries as well as improved relations between EU and US.
April 30, 2013
Voestalpine: Compensations for Deutsche Bahn
Deutsche Bahn (DB) is to receive compensations by Austrian steel manufacturer voestalpine.
April 29, 2013
Croatia: Trying to Sell Croatia Airlines
Croatia is starting an attempt to try and sell a stake of troubled Croatia Airlines (CA).
April 25, 2013
Romania: Criticism from EU for Budget Projection
The EU Commission criticizes Romania’s budget projections for the use of EU funds in the time frame between 2014 and 2020.
April 24, 2013
Bulgaria: Sofia As Most Affordable Tourist Destination
Huffington Post has nominated Bulgarian capital Sofia to be the most affordable tourist destination in Europe.
April 24, 2013
Austria: Haselsteiner to Increase Share at Westbahn
Hans Peter Haselsteiner, CEO of Strabag, is going to increase his stake in Westbahn to 47 %, the railway company, which is in majority privately held and main competition for Austrian Railways (ÖBB).
April 23, 2013
Austria: Tyrolean and AUA Agree on Social Plan
After eleven hours of negotiations, three main points were decided on. However, details have not been disclosed yet.
April 18, 2013
Eder: Future of Voestalpine and Steel Manufacturing Industry
In an interview CEO of voestalpine, Wolfgang Eder explains the current situation on the steel market and points out that mass products will come from CESEE countries in the future.
April 4, 2013
New opportunities for Lithuanian and Turkish business
Lithuanian President Dalia Grybauskaitė together with Turkish leader Abdullah Gül opened the Lithuania-Turkey business forum.
April 4, 2013
Poll: Estonians Want Economy Minister to Resign
56 % of Estonian citizens want the Economy Minister Parts to step down.
April 3, 2013
Gazprom to Absorb Romanian Bunkering Operator
Gazprom affiliate Neft Marine Bunker LLC has acquired Romanian Marine Bunker Balkan.
April 3, 2013
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