After a protracted legal dispute, WH Fernbus-Terminal Projektentwicklung GmbH and Donau Busterminal Realisierungs GmbH have reached a court settlement. The agreement, reached through mediation, paves the way for the rapid implementation of the new international long-distance bus terminal in Vienna. The details of the settlement remain confidential.
The construction of Vienna's central long-distance bus terminal is a top priority for the City of Vienna and Wien Holding. The terminal is intended to represent the third pillar of long-distance passenger transport alongside Vienna Airport and Vienna Central Station. The operating company BGR Busterminal GmbH, consisting of the companies Blaguss, Gschwindl, and Dr. Richard, will operate the terminal.
Both parties express their gratitude for the constructive approach that led to the settlement. The agreement provides legal certainty and allows the companies to refocus on their development activities. The project companies of Dr. Ariel Muzicant, Dr. Markus Teufel, and their partners will continue to implement urban development and real estate projects in Vienna.
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