Sponsored Content

Austrian Railways: Pöchhacker Opposes to Privatization Plans

People ♦ Published: September 10, 2012; 15:25 ♦ (Vindobona)

Sponsored Content

Horst Pöchhacker, President of ÖBB´s (Austrian Railways) is against a privatization of the company. Vice-Chancellor Michael Spindelegger (ÖVP) recently suggested to sell ÖBB to Frank Stronach.

Austrian Railways: Pöchhacker Opposes to Privatization Plans / Picture: © Flickr / Werner Faymann (modified)

In the summer talks of Austria´s public broadcaster ORF, Vice Chancellor commented that the founder of Magna Frank Stronach should acquire ÖBB. Many observers perceived Spindelegger´s statement as ironic. However, after Stronach said to be willing to take over ÖBB, the debate became serious.

Pöchhacker criticizes Spindelegger´s proposal massively. “For the Austrian…