The Slovenia Times

TAM Durabus With Profit, Still Waiting for Govt Incentive Confirmed Two Years Ago

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Revenue is expected to reach EUR 18m and the company plans to turn a profit, offsetting last year's loss, director general Holger Postl told the press.

The company plans to become the market leader in the airport bus segment and capture 40% of the market in a year and a half, according to Postl.

Durabus will produce 85 airport buses this year, with production to be ramped up to 120 next year as well as 50 tourist buses, double this year's figure.

The company officially unveiled today a new product, the Vivair airport bus, at a presentation for 50 partners from Europe, Asia and Africa.

Postl said additional new products would be launched next year provided the government finally approves a EUR 3.4m incentive for the production of electric buses.

"We've been waiting for the money for two years and keep getting promises from prime ministers and ministers," Postl said.

Durabus currently has 200 employees and the project would create an additional 100 jobs, according to Postl.

He urged the government to finish the procedures before the end of the year.

"The government conduct is unserious...and it is sending the wrong message to foreign investors," Maribor Mayor Andrej Fištravec said.

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