The latest transport industry and company news and analysis from FriedlNews
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Austrian Transport Industry Headlines

BriefButler Expands to Liechtenstein, Switzerland and Germany

The Viennabased letter delivery company hpc DUAL (http://www.briefbutler.at) has received an order from Liechtenstein and its next step will be expansion to Switzerland. There is also demand for our services in Germany the head of hpcDUAL Josef Schneider outlines big plans.

April 23, 2015

Austrian Post Wants to Raise Its Stake in Turkish Aras Kargo

Next year the Austrian Post AG wants to raise its stake in the Turkish Aras Kargo from 25 percent to 75 percent. The CEO of the Austrian Post, Georg Pölzl wants to invest between EUR 100 million (USD 106.8 million) and EUR 150 million on the 50 percent stake.

April 21, 2015

Austrian Railways Plans to Grow on International Markets

The Austrian railway group ÖBB is to grow on international markets and digitalise business, the CEO Christian Kern announced on Friday. Small acquisitions or minor cooperation with others is possible, too.

April 17, 2015

Kapsch TrafficCom E-Toll Buys Majority in Streetline Parking Solutions

Listed etoll group Kapsch TrafficCom bought a majority stake in Californian supplier of parking solutions Streetline, Inc., the group said Thursday.

April 16, 2015

Austria and Slovenia Sign Deal for Tunnel Construction

Austria and Slovenia agreed on the cooperation on the development of the Karawankentunnel tunnel as a contract on the financing of the complete project was signed by representatives of Austria's road authority Asfinag and its Slovenian counterpart DARS on Tuesday.

April 14, 2015

AUA Again Reduced Flight Offer in March

Austrian Airlines (AUA) reduced its flight offer again in March. In comparison to March 2014 the offered number of seat kilometres was reduced by 5.2 percent. The number of sold seat kilometres decreased by 5.6 percent. In total 788,000 passengers were registered, which means a 7.4 percent drop.

April 14, 2015

Developing Danube Transport Offers Potential for New Jobs

Austria could see 78k new jobs created by 2020 in comparison with 2010 if transportation on the Danube would increase by 20 percent, shows an analysis of think tank Wifo.

April 8, 2015

Kapsch CarrierCom Telecom Sets Up Joint Venture with Algerian Rail Firm

Vienna-based firm Kapsch CarrierCom, a unit of listed e-toll group Kapsch TrafficCom, set up joint venture Rail-Telecom with Algerian railway operator SNTF, Kapsch said in a statement on Wednesday.

April 1, 2015

State Holding OBIB Launches Competition for CEO Post

State holding OBIB, successor of OIAG, has announced a competition for the post of the group's CEO, in line with expectations.

April 1, 2015

Jaan Albrecht Leaves Austrian Airlines for SunExpress

Austrian Airlines needs a new CEO. Jaan Albrecht who became the head of AUA in November 2011 will abandon his position already at the end of May. This was announced by AUA on Tuesday.

March 31, 2015