Transport

The latest transport industry and company news and analysis from FriedlNews
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Romania: Privatization of Railroad Company Flopped

The privatization of Romanian freight railroad company CFR Marfa failed. The sale of shares is part of the conditions with IMF, the World Bank and the European Union.

October 17, 2013

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

Croatia: Not Plans of Privatizing State-Owned Companies

Croatian government denies it planned to privatize 28 large state-owned companies.

October 14, 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

Adria Airways to be Acquired by China Southern Airlines

Chinese Southern Airlines wants to gain a foothold in the Slovenian air traffic sector. Besides Adria Airways, Ljubljana Airport will be privatized.

August 25, 2013

Polish Airline LOT Puts Pressure on Boeing

Polish carrier LOT is threatening Boeing with claims for compensations. Dreamliner purchased by the airline company were faced with weeks of grounding due to a series of technical problems. Losses are estimated in the amount of up to € 25m.

August 23, 2013

Strong Signs of Life in CESEE Airline Sector

After a couple of difficult years, the airline industry in the CESEE region takes a re-start. In Hungary and Serbia, Arab investors have entered the stage.

August 5, 2013