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Austrian Railways to Record Profits

Published: August 16, 2012; 19:01 · (Vindobona)

In the first six months of 2012, ÖBB (Austrian Railways) has recorded operating profits.

Austrian Railways to Record Profits / Picture: © OEBB

According to CEO Christian Kern, ÖBB´s operating profit was a two-digit million amount. In the whole year, this amount will not be kept, Kern says. Nevertheless, ÖBB will be positive this year, he says. Above all, the decrease in staff and the rise in passengers are the main reasons for ÖBB´s profit. The productivity was up by 20% in the first six months, Kern says. While the staff…

This article includes a total of 160 words.

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