The latest rail industry and company news and analysis from FriedlNews
Page 1/16

Austrian Rail Industry Headlines

New Traffic Minister Klug Wants to Invest EUR 25 Billion in 5 Yrs

New Traffic Minister Gerald Klug (Social Democrats) wants to invest EUR 25 billion in strategic networks across the country, i.e. in railway tracks, broadband internet and the R&D involved therein. Klug also wants to continue contentious railway tunnel projects (Brenner, Koralm, Semmering).

February 11, 2016

Erste Group Moving to New Headquarters at Vienna Central Station

By March employees of Erste Group will have moved into the new head office of the company in Vienna, as Erste Holding and Erste Bank are relocating from various locations to one Erste Campus near Vienna Main Train Station. Most of the real estates of the bank have been already sold, but the bank keeps its former head quarter at Am Graben and the IT office.

February 5, 2016

Hauliers Warn Against Schengen Border Close Down

If controls were to be resumed at Austria’s borders fully, the transport sector would incur a loss of up to EUR 8.5 million per day. The transport industry is already struggling due to new challenges as a result of the refugee crisis: at the borders to Hungary and Bulgaria, lorries have to queue for up to seven hours, Alexander Klacska, head of the transport division of the Business Chamber of Austria, told APA. The delay is not included in prices under existing contracts.

January 27, 2016

Slovenian and Austrian Railways Mulling Strategic Partnership

The Slovenian and Austrian national railway companies are looking for ways to strike a strategic partnership in order to expand rail freight transport.

January 26, 2016

DPD Austria Delivered Over 41 Million Parcels in 2015

Parcel delivery service DPD Austria transported more than 41 million parcels in 2015, about a million more than in 2014, "much more than 6 million parcels in the private client segment” the company informed. "This business segment will be the focus of our activities also in 2016” Rainer Schwarz, the head of DPD Austria said.

January 22, 2016

Online Trade Brought Austrian Post a Parcel Record in 2015

As more and more people shop online, Austrian Post has a lot of work, above all in the Christmas season. In the whole year 2015 the partially state-owned company transported 80 million parcels, more than ever.

January 11, 2016

Wishing you Peace, Joy and Happiness in the New Year

Dear Reader, As the year comes to an end, I wanted to write and thank you for your support. It's the loyalty of readers like you that enables us to provide our service. This year saw us once again reporting on topics related to cross-border activities in business and diplomacy. Our mission remains to inform and to connect Austria's international professionals and expatriates to enable them to be more productive and successful. Whatever 2016 brings, my editorial team and I will continue to bring you the latest in Austrian-international news and insight. I wish you a peaceful and prosperous holiday season and - till next year. Warm regards, Dr. Peter J. Friedl, Editor, FriedlNews

December 23, 2015

FriedlNews wishes Merry Christmas and a Happy New Year from Vienna!

Warmest wishes for the season, and sincere thanks for your loyalty throughout the years! Our service will be closed untill January 11th, 2016. The FriedlNews Team

December 23, 2015

EU to Crack Down on Postal Rip-Offs including Austrian Post

The FT reports that Brussels is preparing a regulatory crackdown against rip-off pricing by national postal operators on cross-border parcel deliveries. According to a study, cross-border parcel deliveries are often five times more expensive than identical trips on the domestic market. While the price of a standard 2 kg parcel delivery in Austria with the national postal operator is €4.44, to have that same parcel send to neighbouring Italy would cost €14. Sending the same parcel back from Italy to Austria will rise to €25. In order to connect the common market, the EU wants to develop the potential of e-commerce and to boost cross-border trade. According to the FT, a spokeswoman of the European Commission said that early next year the Commission will “launch measures to enhance price transparency and regulatory oversight” of the European parcel delivery market.

December 22, 2015

Logistics Company Gebrüder Weiss Cooperates with Lithuanian Railways

Vorarlberg-based logistics company Gebrüder Weiss has signed a cooperation agreement with the Lithuanian national railways. Thanks to the agreement it will be possible in the future to transport cargo between Turkey and the Baltic Sea on tracks. The alternative to sea route with travel time of 11 days is almost twice faster, the company announced.

December 18, 2015