Montenegro Airlines launches more int’l flights

Montenegro Airlines announced that it will be establishing daily flights to Frankfurt, flights to London three times a week, and also a third route to Paris, as well as Milan, reports BETA news agency. The chairman of the ... More

Tender for 49 per cent in BH Airlines soon

The Government of Federation requested from the Ministry of Transport and Communication yesterday to announce a tender through which 49 per cent in national airline BH Airlines would be sold to a strategic partner. The ... More

Jat Airways tender at end-May

Several world renowned companies expressed interest in purchasing Jat Airways, among them were the EU airline companies. Tender for privatization of Jat Airways should be opened by end-May this year, announced Saša ... More

New EUR 70m from the World Bank for road infrastructure

The FYR Macedonia will obtain a credit in the amount of EUR 70m from the World Bank for investments in road infrastructure, for the construction and reconstruction of local and regional roads. This new indebting with the ... More

European Commission keen to see Danube Bridge II go up within 2 yrs

The bridge spanning the Danube river at Vidin-Calafat should be commissioned into operation by the end of 2010, top European Commission officials told the Bulgarian side during a meeting on the project late last week. The EC ... More

Railway investment worth EUR 174 million

The overhaul of 165 kilometres of rail tracks through BH will continue in September this year, Federation Railways’ general director Narcis Dzumhur has announced. The project will be funded through a EUR 154 million loan ... More

Privatisation of Bar Harbour in three phases

Montenegrin Government adopted a bill on harbours and the programme of restructuring of Bar Harbour, which will be realised in three phases. In the first phase, non-harbour activities, which include the farm, volleyball club and ... More

Opposition demands shipbuilding privatization to be postponed

Professor at the Faculty of Economics and Business in Zagreb and the author of the SDP’s economic program, Ljubo Jurcic, claims the European Union does insist on the privatization of the Croatian shipbuilding. He explains ... More

Local tycoons in Lom port concession

Briport, a tie-in between local companies Brikel and Portovi Flot 99, and Kremikovtzi Trade are the two candidates to run the Lom port on the Danube, under a concession arrangement, Dnevnik learned from transport ministry ... More

Works on Corridor 5c begin

The works of the 26.5km motorway stretch which will connect Gradiska and Banja Luka have started, the Sarajevo office of Italian Foreign Trade Institute (ICE) announced. The works will cost 80 million euro and should be completed ... More

Bulgaria, Romania among 8 Countries to Join Grand Highway Project

A 7,000-kilometer-long highway, which will connect eight of the Black Sea Economic Cooperation Organization member-states, is to be constructed in the framework of a memorandum to be signed by the countries. Bulgaria, Georgia, ... More

Over 22 mln Euro from EBRD for Tirana Airport

The European Bank for Reconstruction and Development (EBRD), has granted over 22 million euro credit to the German-U.S. group which manages the only international airport of Albania, in order to implement its expansion. The ... More

Greece-UAE sign deal on aviation

The UAE represented by General Civil Aviation Authority (GCAA) updated the Air Services Agreement and signed a Memorandum of Understanding (MoU) with the Hellenic Republic on 19th March 2008 in Dubai to increase air flights ... More

Privatization of ports bill gets go-ahead

The bill conceding the service sectors of the Piraeus and Thessaloniki ports to private investors was passed last night, in principle, in Parliament. The government has shown therefore that it is determined to proceed with the ... More

DHL inaugurates a new Service Point in Baneasa

DHL International Romania inaugurates a new customer relation center in Baneasa, thus continuing to address the permanent request to diversify the services and to extend the coverage area, coming from its customers and partners, ... More

Air France and Delta Air Lines initiate a new Bucharest-New York flight

Air France has introduced a new destination in the flight schedule, namely Bucharest – New York, further to a code-share agreement signed with the American firm Delta Air Lines, according to Rompres. The agreement was ... More

Candidate buyer bids 440 mln levs for Bulgarian nat'l maritime fleet

The KG Maritime Shipping consortium has filed a bid of 440 mln levs for a 70% stake in national maritime fleet NMB, the Bulgarian sell-off regulator said after the offer was unsealed Thursday. The candidate investor pledges ... More

Albania eyes EUR 500 mln container port in Vlora

Albania’s government presented a EUR 500 mln project to construct a new container port in the city of Vlora. The proposal put to Prime Minister Sali Berisha, by the British-Swiss company Zumax, also includes the ... More

Turkish Airlines interested in BH Airlines

A letter of intent will be sent soon, announced in the company on the Istanbul Stock Exchange web site. Turkish Airlines confirmed its interest in the state-owned air company BH Airlines. A letter of intent will be sent soon, ... More

Aegean Airlines introduces 4 new routes

Aegean Airlines announced the introduction of 2 domestic (Limnos, Kefalonia) and 2 international routes (London, Tirana) within 2008. The move is positive as it enhances Aegean’s domestic and international presence. It is ... More