ÖBB: “Cargo Business on the Right Track“

People ♦ Published: August 26, 2011; 15:43 ♦ (Vindobona)

The Austrian Federal Railways’ CEO is satisfied with the development of the group’s cargo unit. RCA achieved a positive operating result in the first half of the year.

ÖBB: “Cargo Business on the Right Track“ / Picture: © ÖBB-Holding AG / Sabine Hauswirth

Restructuring of ÖBB’s cargo business is proceeding according to plan. In the first half of 2011 Rail Cargo Austria (RCA) achieved a positive EBIT of € 2.6m. “The restructuring measures are more effective than expected”, commented ÖBB CEO Christian Kern on the results. Productivity of the cargo traffic was raised: the number of trains in use was reduced, capacity utilization…

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OEBB Austrian Railways, Christian Kern, RCA Rail Cargo Austria, Railway Industry, Hungary, Transport Industry, Earnings
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