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Austrian Railways Achieved Net Profit Last Year
For the first time for decades, Austrian railways (ÖBB) could generate profits after taxes.

Christian Kern, CEO of ÖBB, announced that the railway group has registered net profits of more than € 60m after taxes last year. Kern´s main goal is to earn the capital costs. In 2011, when Kern took over ÖBB´s management, he announced that the railway group must have left the loss zone in 2013. As a result, ÖBB could achieve its objective one year earlier than planned.…
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