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Austrian Railways „Fit for the Capital Market in a Few Years“

Published: August 6, 2012; 19:20 · (Vindobona)

Horst Pöchhacker, chairman of the supervisory board of Austrian Railways (ÖBB) thinks that the transport group will face more competition. A privatization would take time.

Austrian Railways „Fit for the Capital Market in a Few Years“ / Picture: © Flickr

Pöchhacker reaffirmed his skepticism against shifting ÖBB to the Austrian Industrial Holding (ÖIAG). In an interview with the Austrian newspaper „Kurier“ the former CEO of the construction group Porr stated that a complete sale would be unreasonable. By contrast, private partners in the cargo segment would be conceivable.

Pöchhacker thinks that ÖBB will face more…

This article includes a total of 207 words.

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