Railway corridors to be equipped with telecommunications infrastructure

Minister of Telecommunications and Information Society Jasna Matic attended today the signing of the contract between the public telecommunications company PTT Srbija and public railway company Zeleznice Srbije on joint ... More

Navibulgar, BRP to form transport JV

Bulgarian marine fleet operator Navibulgar and Bulgarian river shipping company BRP plan to create a transport joint venture, the Financial Supervision Commission (FSC) said in a statement. The new business will be created on an ... More

EC adopts Danube strategy

The EC adopted in Brussels the Danube Strategy, and Deputy Prime Minister Bozidar Djelic said that the strategy, in whose preparation Serbia was involved for more than a year, will be very beneficial both to citizens and the ... More

Croatia Airlines reports 15 million Euro losses for first nine months

Croatia Airlines registered 109.5 million kunas (15 million Euros) losses for the first nine months of this year, a 16 per cent increase on last year’s losses. In the same period last year, the company was operating ... More

Papanikolis-class submarine commissioned

A new Papanikolis-class submarine was commissioned on Tuesday for active duty in the Hellenic Navy, during a ceremony held in Kiel, Germany, in the presence of Hellenic Navy General Staff Chief Vice-Adm. Dimitrios Elefsiniotis ... More

Sweden Court Bulgaria to Get Fighter Jet Deal

Gripen fighter jets are in competition with F-16 and Eurofighter Typhoon to be purchased by the Bulgarian Air Force. Photo by gripen.com Representatives of the Swedish company Saab and the Swedish Defense Ministry have met with ... More

Jat claims EUR 60 million from Croatia

Jat Airways claims property worth some EUR 60 million from Croatia and some EUR 10 million from other former Yugoslav countries. Jat says that Croatia is trying to avoid returning the property because Jat’s assets were used ... More

Easy Jet flights from Zagreb to London and Paris

Easy Jet airlines has announced it will be offering cheap flights from Zagreb to Paris starting this November and adding further flights to London next February. For several years now Croatians have been able to travel cheaply ... More

Jat Airways flies only 7 aircrafts

Jat Airways currently has only seven aircrafts at its disposal, while according to estimates, it needs at least twelve aircrafts during the summer season. It is certain that the plan drawn up by the Jat Management, to fly 1.5 ... More

Highways to be financed with the sale of Telekom

Serbia’s Government gives priority to infrastructure projects, this is why the funds from the sale of Telekom will be allocated for the construction of corridors and highways, said Mirko Cvetkovic, Serbian PM. According ... More

Greek shipping resisting

Greek shipping is resisting better than anticipated to international and national challenges and it is the only sector of production and services nationally not to feed the rising unemployment trend in the country, Theodoros ... More

Turkish Airlines confirms interest for JAT Airways

Turkish Airlines confirmed its interest in the purchase of Serbian Jat Airways and Polish company LOT, reports BETA news agency. Allegedly, the Turkish airline company doesn't want to miss out on opportunities provided by the ... More

Turkey to privatize Iskenderun Mediterranean Port

- Turkey will privatize a port in its Mediterranean coast, Anatolia news agency reports quoting the privatization authority. Turkey's Privatization Administration Board (OIB) released a statement which said it would hold an ... More

Contract signed for Corridor 10 left lane

Minister of Infrastructure Milutin Mrkonjic signed Tuesday a contract with representatives of Serbian construction companies consortium, which won the tender for the construction of Corridor 10 left lane. The signed contract ... More

Croatia and Bosnia to build a bridge across the Sava River

The Croatian and the Bosnia-Herzegovina ove grnments should soon begin negotiations about construction of a bridge across the Sava River that forms the border between the two countries. The two governments would share the cost ... More

TA delegation to negotiate over JAT

A high Turkish Airlines delegation has arrived in Belgrade to continue negotiations over a strategic partnership with JAT Airways, reports Emportal. These are informative talks during which JAT is presenting balance sheets, ... More

735 mln Euro for motorways, airports and railways

FBiH Minister of Transport and Communications Nail Seckanovic stated today that FBiH Government secured 735 million euro for investments in motorways, airports and railways. These assets were mostly secured through loans ... More

ADM Acquires Skaramangas Shipyards

The Greek government hailed a decision by shipbuilding group Abu Dhabi Mar to invest in the Greek shipbuilding and repair sector by acquiring the majority stake in the Hellenic Shipyards S.A. at Skaramangas. A Communications ... More

EUR 10m invested in BH airports

In the past decade, EUR 10 million was invested in the infrastructure of airports, EUR 6 million in building capacity of institutions and another EUR 1 million in twinning projects connected to air transport in BH, the first ... More

State-run BDZ to get BGN 24m state aid to pay off loans

The Bulgarian government will slice BGN 24 million off the budget of the Ministry of Transport to augment the capital of the nation’s flagship railway carrier BDZ, the Cabinet decided at its Wednesday sitting. Speaking ... More