Japan to Lend US$ 370 Mln for Construction, Development of New Container Terminals at Varna, Bourgas Ports

Japan's Ambassador in Sofia Tsuneharu Takeda conferred with Bulgaria's Transport Minister Peter Moutafchiev here on Monday to express the Japanese Government's intention to extend a loan of some 37,000 million yen (370 million US ... More

EU Commission approves public support to motorways

The European Commission has decided today not to raise objections to certain measures adopted by the Greek authorities in support of road infrastructure. The Commission considers that grants for the construction and upgrading of ... More

200 mln KM for federal roads by BiH Govt

Federal Government approved on Wednesday in Sarajevo the Federal Road Direction Plan and Program of Activities for 2008, foreseeing implementation of just over 200 million KM, Minister of Traffic and Communications Nail ... More

Greece issued container terminal tender

Greece has launched an international tender for the country's two main container terminals, Piraeus and Thessaloniki, Merchant Marine minister Giorgos Voulgarakis said yesterday. "The aim is to hand over (certain) operations of ... More

Construction activities at the 5 - C Corridor (130 kms)

BiH Minister of Communications and Traffic Bozo Ljubic had a meeting on Thursday in Sarajevo with the project managers from all LOTs in charge of construction of the 5 – C corridor. He also announced the official beginning ... More

Extension of deadline for privatization of Leskovac-based "Jugekspres"

Privatization Agency has extended the deadline for privatization of 70% of public capital in Transportation Company "Jugekspres" for anothe 15 days, that is, prior to the end of February. Documentation for privatization of this ... More

Tender for a second Bosphorus undersea tunnel

Four years after launching a groundbreaking engineering project to build the world's deepest immersed tunnel which will make possible a rail link for a rapid transit system under the Bosphorus, Turkey is set to hold another ... More

Fourth mobile operator will be chosen in 2008

Fourth mobile operator, launching of a procedure for digitalization of terrestrial television, liberalisation of railway transport, concession of the two airports, construction of road section Demir Kapija -Smokvica within ... More

Bulgaria Begins Sale of State Shipping Co.

Bulgaria's privatisation agency launched in June the tender for the sale of state shipping company Navibulgar, attracting 23 letters of interest from investors. Bulgaria wants to sell an initial 70% stake in the company, which ... More

'Nostalgija' train transported 70.000 passengers

The museum train 'Nostalgija', which operates on the touristic railway complex Sarganska osmica, transported 70.103 passengers in 2007 and realized earnings of RSD 25.4 million, Serbian Railways announced. The train was in ... More

Albania, EBI, EBRD to finance Levan-Vlore road project

The Assembly discussed the approval of draft laws over ratification of financial contract between the Republic of Albania, European Bank of Investments (EBI) and European Bank for Reconstruction and Development (EBRD) on ... More

Bulgaria Air Launches Sofia - Skopje Flights

Bulgaria Air launched Friday a direct flight from Sofia to Skopje, the first airline link between the two Balkan countries to provide an alternative to buss shuttles. The flight will be serviced three times a week and will ... More

Romanian naval shipyards hit by personnel crisis

In spite of an explosion in orders and contracts signed in the past few years for ship construction and repair, Romanian naval shipyards are facing a new problem, namely a crisis of personnel, according to a declaration for ... More

EUR 10 billion necessary for the development of railways

General manager of Serbian Railways Milanko Sarancic said in Nis on Monday that the complete development of railways in Serbia required EUR 10 billion and that it was possible that by 2015 Serbia will have railways with the ... More

Three Bulgarian transport projects approved for EU funding

Three Bulgarian railway transport projects have been approved by the European Union (EU) under the European transport network programme, Neli Yordanova, director of the section program and project co-ordination at Transport ... More

Montenegro Airlines and Jat Airways together in 'open sky' system

Leaders of Montenegro and Serbian airline companies estimated that their commercial cooperation needs to continue, state in Montenegro Airlines. Montenegro and Serbian airline companies Montenegro Airlines (MA) and JAT Airways ... More

The French to introduce lines to Bar

The French company CMA-CMG, one of the worlds leading container-shipping companies, is considering the possibility of introducing lines to Bar Port as a logistics centre of the West Balkans, as announced by the Port’s ... More

Two options for selling Jat

Jat’s privatization consultant, investment bank Rothschild, has completed the draft proposal of the sale strategy of the national air carrier. The final document will be sent to the Serbian Government in the next couple of ... More

Wizz Air to become first LCC to open domestic routes in Bulgaria

Budget air carrier Wizz Air Tuesday announced on its website that it would expand its Sofia base by deploying an additional new A320 aircraft starting from 12 July 2008. The airline will start new flights from Sofia to the ... More

EUR one bln for the rehabilitation of the roads in the tourism areas

In seven years, the Transportation Ministry (MT) wants to rehabilitate over 1,000 km of county, forestry and communal roads, for which MT officials announced investments of EUR one bln. “The Transport Ministry elaborated a ... More