Controversies remain for Slovenian rail project worth over €1 billion

Green Forum
A major railway project in Slovenia, aimed at enhancing the capacity of Port Koper, is nearing completion amidst ongoing controversies and skyrocketing costs, according to an analysis by Dr Aleš Pustovrh, Slovenian researcher at the Eastern European Construction Forecasting Association (EECFA).

The project to build a second double-track railway line between Koper and Divača, scheduled for completion in 2026, has faced increased scrutiny despite being 80% complete.

The need for this large-scale investment arose from the significant growth of Port Koper, which has become a key logistics gateway for CEE. 

In 2024, the port handled approximately 23 million tons of cargo, a 3% increase from the previous year, and recorded 1.13 million TEUs in container throughput. However, the port's capacity was strained by inadequate inland rail connectivity, with the existing single-track railway between Koper and Divača acting as a major bottleneck.

The new 27 km line is designed to replace the existing track, increasing capacity from 90 to 212 train compositions per day and enabling the annual transport of nearly 37 million tons of goods. The project, estimated at €1.17 billion, has been complex due to challenging terrain, including tunnels and bridges.

Originally estimated at around €700 million in 2010 as a single-track route, costs have escalated, leading to public concern and political controversy. A national referendum and a Supreme Court decision supported the project's continuation.

Construction, which began in 2021, is being carried out by several consortia. Recently, the main construction consortium submitted a claim for an additional €350 million, citing technical difficulties. 

The main infrastructure works, including tunnels and viaducts, are executed by a consortium of Kolektor CPG (Slovenia), Yapı Merkezi İnşaat ve Sanayi A.Ş. (Turkey) and Özaltın İnşaat Ticaret ve Sanayi A.Ş. (Turkey) on a combined value of roughly €628.3 million. 

The Civil Oversight Council also raised concerns about project governance, accusing 2TDK of inefficient decision-making, which the company's management has rejected.

Meanwhile, Infrastructure Minister Alenka Bratušek has assured the public that the project is on schedule. 

RECOMMENDED
Bucharest office fit-out, among the most affordable in CEE
Real estate

Bucharest office fit-out, among the most affordable in CEE

The average total office fit-out costs in Bucharest increased slightly in 2025 to around €1,000 per sqm, according to data from Cushman & Wakefield Echinox. However, Bucharest remains one of the most affordable markets in CEE, with fit-out costs 18% and 15% lower than in Warsaw and Prague, respectively.

Sustainability moves from ambition to action
Real estate

Sustainability moves from ambition to action

Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.

What the surge in technical services demand means for property investments in 2026
Real estate

What the surge in technical services demand means for property investments in 2026

Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, talked to Property Forum about the expansion of design and ESG advisory services, the industrial and logistics sector's growth post-Schengen, and the importance of independent project management for tenant fit-outs. Ianculescu also emphasised the potential in secondary cities and the increasing relevance of aligning projects with sustainability standards.

Iulius invests €29 million in Europes largest private soil cleanup
Real estate

Iulius invests €29 million in Europe's largest private soil cleanup

Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.

RECOMMENDED FROM THE HOME PAGE
Data and energy performance are redefining real estate value
Real estate

Data and energy performance are redefining real estate value

In a video interview recorded at Bratislava Property Forum 2026, Hubert Abt FRICS, CEO of workcloud24, explains why energy performance is emerging as the most important operational metric, how investors are approaching sustainability and what it takes to create real value through data-driven asset management.

Energy

Rezolv Energy launches Bulgaria's St. George solar park

Rezolv Energy has commissioned the St. George solar park in Silistra, Bulgaria, marking the company's first project to become operational. The 225 MW facility reached full operational status in under three years from acquisition of development rights.

Finance

ProCredit Bank Romania launches CO2 calculator for SMEs

ProCredit Bank Romania has launched a CO2 Emissions Calculator to help microenterprises and small and medium-sized enterprises quantify and understand their carbon footprint. This initiative reflects the Procredit Group's commitment to achieve net-zero emissions by 2050, with client engagement at the core of its Climate Action Strategy.

Real estate

Sustainability moves from ambition to action

Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.

READ MORE
Green Forum  |  7 May, 2026 at 9:53 AM
Green Forum  |  7 May, 2026 at 9:51 AM