Austrian Railways: Sale is „No Issue”

People ♦ Published: November 24, 2012; 17:01 ♦ (Vindobona)

Christian Kern, CEO of Austrian Railways (ÖBB) underlines that the company must not be sold.

Austrian Railways: Sale is „No Issue” / Picture: © ÖBB-Holding AG / Sabine Hauswirth

In summer, the Austrian Vice Chancellor Michael Spindelegger started a discussion of selling ÖBB. For Kern, the debate is nothing but nonsense.

According to Kern, also publicly owned companies can be profitable. “It is my goal to prove that we can work efficiently in publicly owned company.” Theoretically, a sale is debatable in 2015. In two years, Kern wants to achieve an…