Strabag

Ljubljana – The National Review Commission has rejected the appeal by the Austrian builder Strabag against the decision by the state-owned company 2TDK to pick a Slovenian-headed consortium as the contractor for the Divača-Črni Kal section of the new railway to the port of Koper. This ends all review procedures related to the project.

Ljubljana – The Austrian builder Strabag has appealed against the decision by the state-owned company 2TDK to pick a Slovenian-headed consortium as the contractor to build the new railway between Koper and Divača.

Ljubljana – Two contractors have submitted financial offers for the first part of main works on the Divača-Koper rail section. A consortium led by Slovenian builder Kolektor CPG values the works at EUR 403.6 million, while the offer by Austrian builder Strabag and its consortium is EUR 463.5 million.

Troubled Bank of Cyprus, the island’s largest lender, said on Wednesday it has agreed to sell its stake in Romania’s Marriott Bucharest Grand Hotel to an Austrian firm for 95 million euros.

The bailed-in bank said the proceeds will enhance its liquidity.

President: Serbia will keep free trade agreement with Russia

VIENNA -- Serbian President Tomislav Nikolić talked in Vienna on Thursday afternoon with representatives of major Austrian companies that are present in Serbia.