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Austrian Railways: Hope for RCA

Published: March 10, 2012; 19:09 · (Vindobona)

Rail Cargo Austria, the freight division of Austrian Railways (ÖBB) seems to have achieved the turnaround. In 2010, RCA caused losses of € 67m.

Austrian Railways: Hope for RCA / Picture: © Rail Cargo Austria

After massive losses in 2009 and 2010, ÖBB´s freight division could leave the operating loss zone in 2011. In 2014, sustainable losses should be achieved by latest.

In 2011, RCA expects minimal operating profits of € 0.4m, EBIT is expected to be slightly negative. At least, the most precarious segment of RCA, the Hungarian subsidiary RCH gives the all-clear. RCH, which was…

This article includes a total of 172 words.

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