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Transport Industry

Indian Ministry of Railways Discusses India-Austria Railway Cooperations

The Indian Minister of Railways, Shri Suresh Prabhu paid a visit to Austria. In an event organized by the Chamber of Commerce H.E. Mr. Prabhu met with CEOs and Austrian Railway Companies to discuss possible further India-Austria cooperations in the field of railways technology.

July 21, 2016

Long-Distance Coach Operator Flixbus to Compete with ÖBB Austrian Railways

Austrian state-run rail company ÖBB Austrian Railways is facing increasing competition of German mobility provider Flixbus which has just launched its third connection for Austria's regional capital cities, between Graz and Salzburg. In January 2016 FlixBus announced its entry to the markets of Central and Eastern Europe with the new branch FlixBus CEE. This includes six countries (Czech Republic, Slovakia, Hungary, Poland, Slovenia and Croatia) with new lines in the making. () am

April 27, 2016

New Vienna Central Station Offers New Connections and Shorter Travel Times

With the timetable change on 13 December 2015, Vienna Central Station and Vienna Meidling train station will be assuming their full role as a regional transportation hub. Bringing together the Western, Southern, Eastern and Northern Routes at Vienna Central Station and Vienna Meidling, creates a transportation hub with direct connection to all Austrian state capitals as well as Vienna Airport. For travelers this means better connections, shorter travel times and more comfortable traveling.

December 7, 2015 · Updated: December 7, 2015; 18:15

Austrian Railways Eyes Acquisitions Across Central and Eastern Europe

Oesterreichische Bundesbahnen (OeBB), the Austrian state railway operator, is eyeing rail cargo operator buys across Central and Eastern Europe, a source close to the company and a person claiming knowledge of the situation said. OeBB, with EUR 3bn in revenue, believes a number of opportunities will soon come up in countries “east of Austria”, including countries of the former Yugoslavia, the source said.

July 6, 2015

IFM's offer successful - IFM is new 29.9% shareholder of Flughafen Wien AG

Airports Group Europe S.à r.l. ("Airports Group Europe"), an indirect subsidiary of IFM Global Infrastructure Fund ("IFM"), published a voluntary public offer pursuant to §§ 4 et seq of the Austrian Takeover Act (Übernahmegesetz) for the purchase of up to 6,279,000 (six million two hundred seventy nine thousand) ordinary bearer shares in Flughafen Wien Aktiengesellschaft, (ISIN AT0000911805) on 7 November 2014 (the "Offer"). The improvement of the Offer was published on 5 December 2014. The acceptance period of the Offer ended on 18 December 2014, 15:00 (Vienna time). All conditions precedent are already fulfilled. Pursuant to § 19 (3) ÜbG, the Offer is not extended by the three month sellout period.

December 19, 2014

IFM improves public offer for minority stake in Flughafen Wien AG

Airports Group Europe S.à r.l. ("Airports Group Europe"), an indirect subsidiary of IFM Global Infrastructure Fund ("IFM"), published a public voluntary offer pursuant to §§ 4 et seq of the Austrian Takeover Act (Übernahmegesetz) addressed to the shareholders of Flughafen Wien AG (ISIN AT0000911805) to acquire a minority stake of between 20% and 29.9% for a price of EUR 80 per share on 7 November 2014.

December 5, 2014

IFM intends improvement of public offer for minority stake in Flughafen Wien AG

Airports Group Europe S.à r.l., an indirect subsidiary of IFM Global Infrastructure Fund ("IFM"), published a public voluntary offer pursuant to §§ 4 et seq of the Austrian Takeover Act (Übernahmegesetz) addressed to the shareholders of Flughafen Wien AG (ISIN AT0000911805) to acquire a minority stake of between 20% and 29.9% for a price of EUR 80 per share on 7 November 2014.

December 1, 2014

IFM: Takeover Commission approves publication of public offer for minority stake in Flughafen Wien AG

Airports Group Europe S.à r.l. ("Airports Group Europe"), an indirect subsidiary of IFM Global Infrastructure Fund ("IFM GIF"), has today, 7 November 2014, published a public voluntary offer pursuant to §§ 4et seq of the Austrian Takeover Act (Übernahmegesetz) addressed to the shareholders of Flughafen Wien AG (ISIN AT0000911805) to acquire a minority stake of between 20% and 29.9% for a price of EUR 80 per share. This corresponds to a premium of 29.7% compared to the closing price of the last trading day prior to the announcement of the intention to launch the offer (10 October 2014). The offer can be accepted by interested shareholders until 12 December 2014.

November 7, 2014

New Post Logistics Center Opens in Upper Austria

Listed postal service provider Post AG has officially inaugurated the new logistics centre in Allhaming, Upper Austria. Built for EUR 50 million (USD 64 million) and used since the beginning of August instead of the centre located at the Linz main train station, it has been designed for daily up to 1.6 million letters and 100,000 packages. Some 650 employees work in the new post office near the motorway Westautobahn. Various political officials participated in the inauguration.

October 17, 2014

Transport & Logistics - DB Schenker Opens New Logistics Center in Belgrade

DB Schenker will be moving into a new logistics center near Belgrade/Serbia at the beginning of 2015. The center will offer customers the technology for specialized logistics solutions.

August 29, 2014