ADVERTISEMENT

Germany, Denmark agree to build bridge

History

Germany and Denmark have clinched a deal to build a bridge across the Baltic Sea that could significantly cut travel time between Copenhagen and Hamburg, local reports said Friday.

The bridge, with a span of about 20 kilometers linking the German island of Fehmarn and Danish island of Lolland, is due to be completed within 10 to 12 years, German news agency DPA reported.

The bridge would “not only significantly cut journey times ... but also is of high value for transport routes in Europe as a whole,” said German Transport Minister Wolfgang Tiefensee. The road and rail bridge is expected to cost about €5.5 billion (7.4 billion $). (english.people.com.cn)

ADVERTISEMENT

Business, consumer confidence slip in May Analysis

Business, consumer confidence slip in May

Parl't elects Orbán prime minister Parliament

Parl't elects Orbán prime minister

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.