transport

A collection of 33 posts

"Au Revoir" to Aviation Fuels Exemption

"Au Revoir" to Aviation Fuels Exemption

In an effort to urge the aviation industry to use more clean-burning fuels, a draft from the European Commission proposes a minimum tax within the EU on polluting aviation fuels, specifically on energy products supplied as aircraft fuel for flights within the EU. This means aviation fuels would no longer

Slovakia's Flying Car Takes Flight

Slovakia's Flying Car Takes Flight

In Slovakia, a prototype flying car has completed a 35-minute flight between the country’s international airports in Nitra and Bratislava. The hybrid car-aircraft, AirCar, is equipped with a BMW engine and runs on regular petrol. Its creator, professor Stefan Klein, said it could fly about 1,000km, at a

Will Hungary’s Automotive Industry Adjust to Future Challenges?

Will Hungary’s Automotive Industry Adjust to Future Challenges?

As in most countries in Central & Eastern Europe (CEE), the competitiveness of the Hungarian economy heavily depends on car production. In recent years, however, the sector has had to face challenges like the potentially growing market of electric cars, as well as the COVID-19 pandemic. New European climate and

Slovakia's Automotive Industry: Blessing or Curse?

Slovakia's Automotive Industry: Blessing or Curse?

Slovakia has been a great beneficiary of automotive industry expansion in recent decades. However, its high exposure to the global car market, and the ongoing far-reaching transformation of the industry may endanger the country’s outlook in this regard and reveal weaknesses in Slovakia’s economic growth model. “This is