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

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

FACC Aircraft Components Sacks CFO Over Cyber-Fraud Case

Listed aircraft components group FACC dismissed CFO Minfen Gu in connection with the recent cyberattack which cost the company some EUR 50 million (USD 54.6 million), the company said in a statement on Wednesday.

February 3, 2016

Vienna Airport Raises Stake in Malta Airport to Over 48 Pct in EUR 63 Mln Deal

Listed Vienna airport operator Flughafen Wien raised the stake in Malta Airport to over 48 percent from 32.94 percent for about EUR 63 million (USD 68.4 million), Flughafen Wien said.

February 1, 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

Salzburg Delegation Meets Slovenian Economy Ministry Officials

Governor of the province of Salzburg Wilfried Haslauer was received by Slovenian Economy Ministry State Secretary Ales Cantarutti and his delegation to debate the strengthening of business cooperation, especially in high-tech industries, logistics and transport, and the wood industry.

January 26, 2016

SkyToll Vying for Czech Toll System Currently Run by Kapsch

The Slovakian toll system operator SkyToll has extended an offer to the Czech Traffic Ministry to operate the lorry toll system of Czech Republic as of 2017, once the ten-year contract with Kapsch TrafficCom expires at the end of 2016.

January 25, 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

Mateschitz und Benko Invest in Courier Service Platform Checkrobin

Co-owner of Red Bull, Dietrich Mateschitz and Tyrolean property investor Rene Benko have entered the online courier service platform Shortly before the end of last year Laura Invest GmbH, owned by Benko’s private fund, took over 10 percent in Checkrobin Kurier reports.

January 21, 2016

Vienna International Airport Expects Further Growth in 2016

Last year Flughafen Wien served more passengers and assumes growth will continue in 2016. Last year 22.8 million passengers were recorded, 1.3 percent more than in 2014. This year growth should reach up to 2 percent. Also in terms of finances the company keeps growing.

January 19, 2016