Transport Development Strategy of the Republic of Croatia (2017 – 2030)

Total Page:16

File Type:pdf, Size:1020Kb

Transport Development Strategy of the Republic of Croatia (2017 – 2030) Transport Development Strategy of the Republic of Croatia (2017 – 2030) Republic of Croatia MINISTRY OF THE SEA, TRANSPORT AND INFRASTRUCTURE Transport Development Strategy of the Republic of Croatia (2017 - 2030) May 2017 The project is co-financed by the European Union from the European Regional Development Fund. Republic of Croatia Ministry of the Sea, Transport and Infrastructure I Transport Development Strategy of the Republic of Croatia (2017 – 2030) TABLE OF CONTENTS 1 Introduction ............................................................................................................. 1 1.1 Background on development of a Croatian Comprehensive National Transport Plan .................................................. 1 1.2 Objectives of the Transport Development Strategy (TDS 2016) ............................. 4 1.3 Revision of the TDS (2016) Ex-Ante conditionality .................................................. 4 1.4 Methodology for the development of the TDS (2016) ............................................ 5 2 Analysis .................................................................................................................... 7 2.1 General aspects of transport ................................................................................... 7 2.2 Public transport and zero-emission modes ........................................................... 34 2.3 Rail Transport......................................................................................................... 72 2.4 Road transport ....................................................................................................... 93 2.5 Air transport ........................................................................................................ 121 2.6 Maritime Transport ............................................................................................. 137 2.7 Inland navigability and river transport ................................................................ 167 3 Objectives ............................................................................................................ 187 3.1 General Objectives (GO) ...................................................................................... 187 3.2 Specific Objectives (SO) ....................................................................................... 188 4 Measures ............................................................................................................. 193 4.1 General measures ................................................................................................ 194 4.2 Specific measures ................................................................................................ 198 4.2.1 Urban, suburban and regional transport ..................................................... 198 4.2.2 Railway transport ......................................................................................... 202 4.2.3 Road transport ............................................................................................. 208 Republic of Croatia Ministry of the Sea, Transport and Infrastructure I Transport Development Strategy of the Republic of Croatia (2017 – 2030) 4.2.4 Air transport ................................................................................................. 214 4.2.5 Maritime transport ...................................................................................... 218 4.2.6 Inland navigation .......................................................................................... 223 5 Measures in relation to objectives ...................................................................... 227 5.1 Public transport and zero-emission mode ........................................................... 227 5.2 Railway transport ................................................................................................. 229 5.3 Road transport ..................................................................................................... 231 5.4 Air transport ......................................................................................................... 233 5.5 Maritime transport .............................................................................................. 235 5.6 Inland navigation ................................................................................................. 237 Republic of Croatia II Ministry of the Sea, Transport and Infrastructure Transport Development Strategy of the Republic of Croatia (2017 – 2030) 1 INTRODUCTION 1.1 Background on development of a Croatian Comprehensive National Transport Plan Republic of Croatia applied to become an EU Member State in March 2003 and in June 2004 officially received a candidate country status. The EU accession negotiations with Croatia started in October 2005. In June 2011, accession negotiations were closed. Republic of Croatia signed the accession Agreement with EU members in Brussels on 9 December 2011. In March 2012, Croatian Parliament ratified Accession Treaty. Republic of Croatia attained a status of the accession country in June 2004 and has benefited since then from various pre-accession instruments provided by the European Union, relevant to the transport sector, namely ISPA and IPA. Republic of Croatia became Member State on 1st July 2013. The Regulation (EU) No 1303/2013 of the European Parliament and of the Council of 17 December 2013 lays down common provisions on the ESI Funds as ex-ante conditionality for the programming period of sectorial strategies for 2014 to 2020. The Transport ex-ante conditionality is considered fulfilled when it achieves the following outcomes: • The existence of a Comprehensive Transport Plan for investment • The Plan complies with legal requirements for Strategic Environmental Assessment • The Plan sets out the contribution to the Single European transport Area • A realistic and mature pipeline of projects for which support from the Cohesion Fund and ERDF is envisaged • Measures to ensure the capacity of intermediate bodies and beneficiaries. In its guidance on ex-ante conditionality, the European Commission describes how the fulfilment of the ex-ante conditionality is based on an assessment of key processes and components. Where the ex-ante conditionality in transport are not fulfilled, an Action Plan may be required addressing the actions needed to fulfil the ex-ante conditionality at Republic of Croatia Ministry of the Sea, Transport and Infrastructure 1 Transport Development Strategy of the Republic of Croatia (2017 – 2030) the latest by the end of 2016. This situation may arise either where a Transport Plan is not reaching the required level of completeness, or some of the other EACs are not fulfilled. The decision-making process to establish the fulfilment of the Ex Ante Conditionality, and the possible requirement for an Action Plan and further Assessment Round with reference to the Comprehensive Transport Plan, is set out below: Figure 1: Establishing the Requirement for an Action Plan related to the Comprehensive Transport Plan (Source: JASPERS) Transport infrastructure development in the Republic of Croatia is considered essential for economic and social development and promotion of inter-regional exchange. It is an instrument of regional development, facilitating the flow of goods, as well as the access of people to employment, health, education and recreation. The authority responsible for the development of the National Transport Development Strategy is the Ministry of the Sea, Transport and Infrastructure (MSTI). The Ministry has already taken the actions to fulfill the ex-ante conditions by creating a Traffic Development Strategy of the Republic of Croatia for the period from 2014 to 2030, in following text TDS (2014). TDS (2014) was adopted by the Croatian Government on October 30th 2014 (Official Gazette No. 131/14). Republic of Croatia 2 Ministry of the Sea, Transport and Infrastructure Transport Development Strategy of the Republic of Croatia (2017 – 2030) TDS follows a robust methodology, in line with EU and JASPERS1 guidelines and recommendations. In order to develop the current TDS (2014), MSTI organized 6 sector subcommittees for developing concepts of sector strategies for rail, road, maritime, inland waterways, air transport and for the first time on the level of national strategic transport planning, sector for urban, suburban and regional mobility. The result was the drafting the concepts of sector transport strategies that was completed in July 2013. The process of merging the sector transport strategies into a single and comprehensive Transport Development Strategy document started in August 2013 by using the functional regional and sector approach. The functional regional approach implies the division of the Republic of Croatia in functional regions based on real mobility interactions, regardless of the county or national borders; in some cases the functional regions partially overlap with other functional regions. The sector approach implies the analysis of the key transport sectors i.e. rail, roads, inland waterways, maritime and transport, regarding national and international mobility. Finally, the outcomes of the analysis of the functional regional approach and the sector analyses are used to identify the multimodal objectives and measures to achieve these objectives which are identified for each transport sector. In September 2013, parallel to the process of developing the TDS (2014), the SEA process was launched
Recommended publications
  • Community Center Rojc, Pula, Croatia
    SOLIDARITY MOVERS OF ROJC Community center Rojc, Pula, Croatia CONTENT Community center Rojc Rojc Alliance About the project Activities About Pula Currency How to get to Pula Meet the team Contact Follow us Community center Rojc is a unique space Community for culture and civil society. Situated in a repurposed building that forms part of the cultural heritage of Pula, the center gathers center Rojc over a hundred organisations under one roof while also hosting numerous cultural and social events. The center is polivalent space with wide spectrum of activities: culture, sports, psychosocial care and health services, activities for children and youth, care for the disabled, environmental protection, technical culture, ethnic minorities, etc. Community center Rojc is a member of Trans Europe Halles. Rojc Alliance The Rojc Alliance is a network of Rojc organizations that presents and represents common interests, promotes mutual cooperation and carries out community actions and events. Main activities of Rojc Alliance are: management and events in Rojc public spaces - the Living room and inner courtyard; community radio Radio Rojc; community development programs; participatory governance; networking and fostering development of cultural and community centers; European Solidarity Corps volunteering progams. The Rojc Alliance has formed a kind of civic-public partnership with the City of Pula, which co- governs the center and encourages its development. WHAT WE DO The center is a host to 110 associations from various fields. Thousands of Rojc inhabitants and their visitors pass through its painted hallways each week – bringing vivid influence to the community life. PROJECT NAME Solidarity movers of Rojc PROJECT DURATION 1.8.2019.
    [Show full text]
  • Public-Private Partnerships Financed by the European Investment Bank from 1990 to 2020
    EUROPEAN PPP EXPERTISE CENTRE Public-private partnerships financed by the European Investment Bank from 1990 to 2020 March 2021 Public-private partnerships financed by the European Investment Bank from 1990 to 2020 March 2021 Terms of Use of this Publication The European PPP Expertise Centre (EPEC) is part of the Advisory Services of the European Investment Bank (EIB). It is an initiative that also involves the European Commission, Member States of the EU, Candidate States and certain other States. For more information about EPEC and its membership, please visit www.eib.org/epec. The findings, analyses, interpretations and conclusions contained in this publication do not necessarily reflect the views or policies of the EIB or any other EPEC member. No EPEC member, including the EIB, accepts any responsibility for the accuracy of the information contained in this publication or any liability for any consequences arising from its use. Reliance on the information provided in this publication is therefore at the sole risk of the user. EPEC authorises the users of this publication to access, download, display, reproduce and print its content subject to the following conditions: (i) when using the content of this document, users should attribute the source of the material and (ii) under no circumstances should there be commercial exploitation of this document or its content. Purpose and Methodology This report is part of EPEC’s work on monitoring developments in the public-private partnership (PPP) market. It is intended to provide an overview of the role played by the EIB in financing PPP projects inside and outside of Europe since 1990.
    [Show full text]
  • 3Rd Workplan
    Baltic Adriatic Third Work Plan of the European Coordinator Kurt Bodewig APRIL 2018 Mobility and Transport APRIL 2018 This report represents the opinion of the European Coordinator and does not prejudice the official position of the European Commission. The European Commission does not guarantee the accuracy of the data included in this report. Neither the Commission nor any person acting on the Commission’s behalf may be held responsible for any potential use which may be made of the information contained herein. Publication date: April 2018 Reference source of analysis: 2015-2017 Baltic-Adriatic Corridor Study, Final Report, January 2018 Contents 1. Towards the third Baltic-Adriatic corridor work plan .................................... 5 2. Characteristics of the Baltic-Adriatic Corridor ............................................... 8 2.1. From the Polish to the Adriatic ports – corridor alignment ........................... 8 2.2. Compliance with the technical infrastructure parameters of the TEN-T guidelines in 2017 ........................................................................ 9 2.3. Progress of corridor development ............................................................17 3. Transport market analysis .......................................................................... 19 3.1. Results of the multimodal transport market study .....................................19 3.2. Capacity issues on the rail and road networks ..........................................23 4. Planned projects along the Baltic-Adriatic Corridor
    [Show full text]
  • Documents.Worldbank.Org
    46730 THE WORLD BANK GROUP WASHINGTON, D.C. TP-23 TRANSPORT PAPERS NOVEMBER 2008 Public Disclosure Authorized Road User Charges: Current Practice and Perspectives in Central and Eastern Europe Cesar Queiroz, Barbara Rdzanowska, Robert Garbarczyk and Michel Audige Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized TRANSPORT SECTOR BOARD ROAD USER CHARGES: CURRENT PRACTICE AND PERSPECTIVES IN CENTRAL AND EASTERN EUROPE Cesar Queiroz, Barbara Rdzanowska, Robert Garbarczyk and Michel Audige THE WORLD BANK WASHINGTON, D.C. © 2008 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington, DC 20433 Telephone 202-473-1000 Internet: www.worldbank.org This volume is a product of the staff of The World Bank. The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The International Bank for Reconstruction and Development / The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone: 978-750-8400; fax: 978-750-4470; Internet: www.copyright.com.
    [Show full text]
  • Health Insurance Zagreb
    Health Insurance for LES Embassy of the United States of America Zagreb, Croatia Combined Synopsis and Solicitation 19GE5021R0013 Questions and Answers Q1: Please provide five years of loss data(table 1) by year of account including annual net premium (for the same period), incurred claims and membership history. For membership history (Table 2) please provide the number of Employees with single coverage and with family coverage at the end of each year. Please do not include any confidential information, just the overall statistics for the group. Claims information is critical to our pricing and the relationship of claims to employee growth or shrinkage is part of the claims analysis. Table 1 Contractual year Total claims Retention Total Net gain Net gain paid (local amount premium (local USD or EUR currency) (local paid to currency) currency) Insurer (local currency) dd/mm/2016 – dd/mm/2017 dd/mm/2017 – dd/mm/2018 dd/mm/2018 – dd/mm/2019 dd/mm/2019 – dd/mm/2020 dd/mm/2020 – dd/mm/2021 Table 2 Contractual year Single Self plus ONE Family plans dd/mm/2016 – dd/mm/2017 dd/mm/2017 – dd/mm/2018 dd/mm/2018 – dd/mm/2019 dd/mm/2019 – dd/mm/2020 dd/mm/2020 – dd/mm/2021 A1: This is a first-time post is contracting this service, historical data is not available. Q2 : We would like to know if you have been informed of Catastrophic cases, such as: Hemodynamics, Open Heart Surgery, Orthopedic Mayor Surgeries, Organ Transplant, Traumatic Accident, Cancer and Oncology Cases (Radio and Chemotherapy), and hospitalizations with more than 10 days A2: The U.S.
    [Show full text]
  • DLA Piper. Details of the Member Entities of DLA Piper Are Available on the Website
    EUROPEAN PPP REPORT 2009 ACKNOWLEDGEMENTS This Report has been published with particular thanks to: The EPEC Executive and in particular, Livia Dumitrescu, Goetz von Thadden, Mathieu Nemoz and Laura Potten. Those EPEC Members and EIB staff who commented on the country reports. Each of the contributors of a ‘View from a Country’. Line Markert and Mikkel Fritsch from Horten for assistance with the report on Denmark. Andrei Aganimov from Borenius & Kemppinen for assistance with the report on Finland. Maura Capoulas Santos and Alberto Galhardo Simões from Miranda Correia Amendoeira & Associados for assistance with the report on Portugal. Gustaf Reuterskiöld and Malin Cope from DLA Nordic for assistance with the report on Sweden. Infra-News for assistance generally and in particular with the project lists. All those members of DLA Piper who assisted with the preparation of the country reports and finally, Rosemary Bointon, Editor of the Report. Production of Report and Copyright This European PPP Report 2009 ( “Report”) has been produced and edited by DLA Piper*. DLA Piper acknowledges the contribution of the European PPP Expertise Centre (EPEC)** in the preparation of the Report. DLA Piper retains editorial responsibility for the Report. In contributing to the Report neither the European Investment Bank, EPEC, EPEC’s Members, nor any Contributor*** indicates or implies agreement with, or endorsement of, any part of the Report. This document is the copyright of DLA Piper and the Contributors. This document is confidential and personal to you. It is provided to you on the understanding that it is not to be re-used in any way, duplicated or distributed without the written consent of DLA Piper or the relevant Contributor.
    [Show full text]
  • English No. ICC-01/04-01/06 A7 A8 Date: 18 July 2019 the APPEALS CHAMBER Before
    ICC-01/04-01/06-3466-Red 18-07-2019 1/137 NM A7 A8 Statute Original: English No. ICC-01/04-01/06 A7 A8 Date: 18 July 2019 THE APPEALS CHAMBER Before: Judge Piotr Hofmański, Presiding Judge Chile Eboe-Osuji Judge Howard Morrison Judge Luz del Carmen Ibáñez Carranza Judge Solomy Balungi Bossa SITUATION IN THE DEMOCRATIC REPUBLIC OF THE CONGO IN THE CASE OF THE PROSECUTOR v. THOMAS LUBANGA DYILO Public redacted Judgment on the appeals against Trial Chamber II’s ‘Decision Setting the Size of the Reparations Award for which Thomas Lubanga Dyilo is Liable’ No: ICC-01/04-01/06 A7 A8 1/137 ICC-01/04-01/06-3466-Red 18-07-2019 2/137 NM A7 A8 Judgment to be notified in accordance with regulation 31 of the Regulations of the Court to: Legal Representatives of V01 Victims Counsel for the Defence Mr Luc Walleyn Ms Catherine Mabille Mr Franck Mulenda Mr Jean-Marie Biju-Duval Legal Representatives of V02 Victims Trust Fund for Victims Ms Carine Bapita Buyangandu Mr Pieter de Baan Mr Joseph Keta Orwinyo Office of Public Counsel for Victims Ms Paolina Massidda REGISTRY Registrar Mr Peter Lewis No: ICC-01/04-01/06 A7 A8 2/137 ICC-01/04-01/06-3466-Red 18-07-2019 3/137 NM A7 A8 J u d g m e n t ................................................................................................................... 4 I. Key findings ........................................................................................................... 5 II. Introduction to the appeals ..................................................................................... 6 III. Preliminary issues ............................................................................................... 8 A. OPCV’s standing to participate in these appeals ............................................ 8 B. Admissibility of the OPCV’s Consolidated Response to the Appeal Briefs in respect of Mr Lubanga’s Appeal Brief ...................................................................
    [Show full text]
  • SVILAJ Dionica Osijek - Đakovo LEGENDA
    A5 BELI MANASTIR - OSIJEK - SVILAJ Dionica Osijek - Đakovo LEGENDA u prometu 2007. u prometu 2009. u planu ostale autoceste MOST DRAVA ODMOR. STROSSMAYEROVAC MOST HRASTINKA MOST SAVA LINIJSKI PRIKAZ AUTOCESTE A5 BUDAPEST LEGENDA R. HRVATSKA Beli Manastir PUO Baranja Most Most Drava, L = 2485 m PUO Mursa Osijek PUO Beketinci u prometu 2007. u prometu 2009. A5 PUO Strossmayerovac u planu Most Topolina, L = 131 m ostale autoceste Most Hrastinka, L = 176 m PUO Ivandvor Most preko zapadnog lateralnog kanala, L = 133 m PUO Andrijevci Sredanci ZAGREB LIPOVAC A3 A3 Svilaj R. HRVATSKA BiH Most Sava, L = 756 m SARAJEVO AUTOCESTA A5 // BELI MANASTIR - OSIJEK - SVILAJ Autocesta A5 Beli Manastir - Osijek - Svilaj Autocesta A5 Beli Manastir - Osijek - Svilaj, dio je međunarodnog Paneuropskog cestovnog koridora Vc i jedan od najvažnijih ogranaka TEM/TER Projekta. Predmetna autocesta je dio europske mreže prome- tnica s oznakom E73, koja sjever Europe povezuje s Jadranom. Prometni koridor Vc, koji se pruža od Budimpešte preko Sarajeva do Ploča složena je poveznica sjeverne – srednje i južne Europe te predstavlja izuzetnu vri- jednost za privrednu i prometnu integraciju srednjo- europskog prostora. Izgradnjom prometnog koridora Vc povezanost i transparentnost prometnih pravaca cestovnog, željezničkog, riječnog i zračnog prometa direktno će utjecati na razvoj šireg i snažnijeg prome- tnog povezivanja Europe i Azije. 3 AUTOCESTA A5 // BELI MANASTIR - OSIJEK - SVILAJ Na dijelu Vc koridora, koji prolazi kroz teritorij Repu- Autocesta A5 Beli Manastir Osijek – Svilaj, dužine 88,6 blike Hrvatske, nalazi se autocesta A5 Beli Manastir km, podijeljena je na sljedeće dionice: – Osijek – Svilaj, koja se proteže od granice s Repu- blikom Mađarskom do granice s Republikom Bosnom Granica Rep.
    [Show full text]
  • T12 Traffic Management.Pdf
    Page 2 / 99 Submitted by: Task 12 group leader, Paul van der Kroon Prepared by: Group leader: Paul van der Kroon (The Netherlands) Group members: Austria Markus Bartsch , Sigrid Pirkelbauer , Michael Schneider Cyprus Alexis Avgoustis Denmark Finn Krenk Finland Petteri Portaankorva France Christophe Desnouailles Germany Georg Stern Italy Sandro La Monica, Pier Paolo Cartolano The Netherlands Bert Helleman Henk Jan de Haan Maarten Amelink (supporting consultant) Sweden Maria Nichan i Henrik Sundquist Bjorn Carselid Switzerland Gerhard Petersen / Markus Bartsch United Kingdom David Stones Nicholas Taylor (supporting consultant) Felicity Keen Overview meetings: 3–4 June 2009 Utrecht, the Netherlands 24 –25 September 2009 Stockho lm, Sweden 19 –21 January 2010 Paris, France (joint meeting with task group 11) 19 –20 May 2010 Frankfurt, Germany 6–7 October 2010 Vienna, Austria 10 –11 February 2011 Rome, Italy 22 –23 June 2011 Helsinki, Finland 3–4 November 2011 Bern, Switzerland 22 –23 February 2012 Copenhagen, Denmark Edited and published by: CEDR's Secretariat General Approved and amended by: CEDR's EXECUTIVE BOARD on 29 June 2012 Addressed to: CEDR's GOVERNING BOARD on 27 September 2012 This document expresses solely the current view of CEDR. Readers should not consider these views to be statements of the official position of CEDR's member states. ISBN : 979-10-93321-00-4 Traffic management to reduce congestion Page 3 / 99 This report is: FOR DECISION 1. Executive summary Purpose of the paper Congestion on the European road network has increased significantly over the past decade. This is the result of an increase in car ownership and car use in most European countries.
    [Show full text]
  • Transport Development Strategy of the Republic of Croatia (2017 – 2030)
    Transport Development Strategy of the Republic of Croatia (2017 – 2030) Republic of Croatia MINISTRY OF THE SEA, TRANSPORT AND INFRASTRUCTURE Transport Development Strategy of the Republic of Croatia (2017 - 2030) 2nd Draft April 2017 The project is co-financed by the European Union from the European Regional Development Fund. Republic of Croatia Ministry of the Sea, Transport and Infrastructure I Transport Development Strategy of the Republic of Croatia (2017 – 2030) TABLE OF CONTENTS 1 Introduction ............................................................................................................. 1 1.1 Background on development of a Croatian Comprehensive National Transport Plan .................................................. 1 1.2 Objectives of the Transport Development Strategy (TDS 2016) ............................. 4 1.3 Revision of the TDS (2016) Ex-Ante conditionality .................................................. 4 1.4 Methodology for the development of the TDS (2016) ............................................ 5 2 Analysis .................................................................................................................... 7 2.1 General aspects of transport ................................................................................... 7 2.2 Public transport and zero-emission modes ........................................................... 34 2.3 Rail Transport......................................................................................................... 72 2.4 Road transport
    [Show full text]
  • 2019 Annual Report Annual 2019
    a force for good. 2019 ANNUAL REPORT ANNUAL 2019 1, cours Ferdinand de Lesseps 92851 Rueil Malmaison Cedex – France Tel.: +33 1 47 16 35 00 Fax: +33 1 47 51 91 02 www.vinci.com VINCI.Group 2019 ANNUAL REPORT VINCI @VINCI CONTENTS 1 P r o l e 2 Album 10 Interview with the Chairman and CEO 12 Corporate governance 14 Direction and strategy 18 Stock market and shareholder base 22 Sustainable development 32 CONCESSIONS 34 VINCI Autoroutes 48 VINCI Airports 62 Other concessions 64 – VINCI Highways 68 – VINCI Railways 70 – VINCI Stadium 72 CONTRACTING 74 VINCI Energies 88 Eurovia 102 VINCI Construction 118 VINCI Immobilier 121 GENERAL & FINANCIAL ELEMENTS 122 Report of the Board of Directors 270 Report of the Lead Director and the Vice-Chairman of the Board of Directors 272 Consolidated nancial statements This universal registration document was filed on 2 March 2020 with the Autorité des Marchés Financiers (AMF, the French securities regulator), as competent authority 349 Parent company nancial statements under Regulation (EU) 2017/1129, without prior approval pursuant to Article 9 of the 367 Special report of the Statutory Auditors on said regulation. The universal registration document may be used for the purposes of an offer to the regulated agreements public of securities or the admission of securities to trading on a regulated market if accompanied by a prospectus or securities note as well as a summary of all 368 Persons responsible for the universal registration document amendments, if any, made to the universal registration document. The set of documents thus formed is approved by the AMF in accordance with Regulation (EU) 2017/1129.
    [Show full text]
  • Outlet Centres in Europe
    MARKET SURVEY March 2021 Outlet Centres in Europe Market Survey covering all operating and planned Outlet Centres in the European Countries Study within the Scope of ecostra’s Basic Research understanding markets | evaluating risks | discovering chances Preliminary remarks Beginning in the USA and, over the past 25 years, subsequently spreading in Europe as well, a new retail format has been established: the Factory Outlet Centre (FOC) or Designer Outlet Centre (DOC). In the meantime, such a high density of Outlet Centres already exists in some European countries (e.g. Great Britain), that one can certainly speak of market saturation here. Thus, in Great Britain, as in the USA also, a market shakeout is observable among locations of Outlet Centres, whereby the most professional operators, and accordingly suitable locations, win out over less productive concepts or locations with weaknesses. The situation in continental Europe is somehow different. Due what are, to date, extremely restrictive building permission procedures compared to those in the rest of Europe, Germany has only a very few Outlet Centres in relation to the size of this national market. However, there is little doubt that this will change in the medium-term perspective, at least. The kind of emotional argument that often used to take place until just a few years ago has now given way to a much more factual discussion on the advantages and disadvantages of establishing an Outlet Centre. Whereas Germany still shows a lot of potential for new Outlet Centres, Italy has seen a rapid development in the last years, and it’s difficult to discover any “white spots” on the map there.
    [Show full text]