Privatization of Uljanik

In a meeting that took placer yesterday, the unions, management and Deputy PM Damir Polancec have agreed that in the privatization process in Pula shipyard Uljanik 25 percent plus one share would be offered to a strategic ... More

Corridor 10 to increase road tax revenues

State Secretary at the Serbian Ministry of Infrastructure Aleksandar Cvetanovic said today that construction of Corridor 10 is of long term importance for Serbia since revenues from road tax, which are currently €200 ... More

Agreeement for construction of Sava Bridge

According to government sources cited by Informest, Bosnia and Croatia reached an agreement for the joint construction of a bridge on Sava River within the pan-European Corridor Vc. The 760-metres bridge should be completed by ... More

Turkey's THY becomes the 7th biggest airline company in Europe

Turkey's state-run airliner Turkish Airlines (THY) has become the seventh largest airline company in Europe, outpacing Italy's Alitalia in terms of passengers carried in the first seven months of the year. THY carried 12.16 ... More

TAV will invest EUR 200 million over three years

The Macedonian Minister of Traffic and Communications, Mile Janakieski, and the CEO of the Turkish company TAV signed an agreement today, which makes the Turkish investor the concessionaire of the airports in Skopje and Ohrid for ... More

Turkey needs logistics for better export returns says Minister

The cost of logistics must be held in check in order to retain an advantageous position in competition in exports, Turkey's Foreign Trade Minister Kursad Tuzmen has said. Logistics account for around 20% of the total cost of an ... More

Sofia to inject 60m levs into subway project

Sofia municipality will make some 60m levs advance payment for the construction of the section linking the northern-lying Nadezhda borough with the downtown Cherni Vrah boulevard. The councilors will vote tomorrow on pouring a ... More

Bosnia to get 480 mln Euros loan for construction of Corridor 5C highway

A delegation of the Bosnian Ministry of Transport and and Communications helmed by Minister Bozo Ljubic will be at the London headquarters of the European Bank for Reconstruction and Development (EBRD) on September 11 and 12. ... More

Railway market liberalisation

As part of the adaptation of the Croatian legislative framework to the European one, the Croatian Government has adopted a law regarding the setting up of an agency for railway traffic security, giving a go-ahead to the foreign ... More

100,000 unregistered vehicles on the roads

There are currently around 100,000 unregistered vehicles in Macedonia. Because of this the traffic police introduced stricter controls fines for drivers. According to the Traffic Safety Act, motor vehicles are allowed to ... More

New low-cost carrier at Brnik

A new low-cost air carrier launched flights from the airport in Brnik. Spanish Clickair has established flights to Barcelona every Monday and Friday. Several low-cost air carriers already offered their services in Slovenia, ... More

End of monopoly for Makedonija put

The public company Makedonija put will no longer have monopoly in the sector of maintenance and protection of public roads, announced the Ministry of Transport and Communications. The Government made this decision on the ... More

Major investments in road development in Albania

Investments in a total 1,500 km of rural and secondary roads will be made in the next years in Albania. The value of the interventions amounts to some $400 million, according to the office of Italian Foreign Trade Institute (ICE) ... More

Piraeus privatisation not imminent

The Greek government did not reveal his plans about the possibility to launch a new tender for the Piraeus port, after the one for the concession of the container terminal, won by Chinese company Cosco Pacific. Currently, ... More

Macedonian companies interested in Montenegro’s ports

The port of Bar in Montenegro could represent a new solution for the goods transport of Macedonia. This is one of the possibilities presented to the local companies by the Chamber of Commerce of Macedonia, as an alternative of ... More

Corridor 10 could loose to the competition

Unless border procedures are simplified and the cost of tolls reduced, the section of Corridor 10 through Serbia will lose out to the competition, experts say. In the last year, the number of vehicles passing through Serbia ... More

Realization of six projects worth a total of BAM 150 million

"Railway company Železnice Republike Srpske (ZRS) have submitted six projects to be financed by funds from the Development Program of Repulika Srpska (RS) from 2007 to 2010, whose total value amounts to around BAM 150 ... More

Anti-trust authority allows privatization of 2 ports in Turkey

Turkey's anti-trust authority allowed today the transfer of operational rights of Samsun and Bandirma ports to private companies. With the decision, as Anatolia agency reports, anti-trust Authority allowed the winning bidders to ... More

Aegean defers fleet renewal on bad economic conditions

Aegean Airlines defers the renewal of its fleet to the first half in 2010 citing the adverse economic situation and “the significant rise of the price of oil and the rise in interest rates”. The air-carrier has ... More

Truck traffic goes round Serbia after Bulgaria's EU accession

More and more truck transport companies choose Corridor 4 instead of Corridor 10 leaving Serbia will less transit fees revenue. Map by Serbia is increasing worried by the fact that the international truck ... More