Sponsored
Article Tools

ÖBB CEO Kern Closes In on Politicians

Published: February 5, 2011; 13:50 · (Vindobona)

The CEO of the Austrian Federal Railways (ÖBB), Christian Kern, reacts angrily to accusations made by politicians.

ÖBB CEO Kern Closes In on Politicians / Picture: © ÖBB-Holding AG / Sabine Hauswirth

As part of the budget drawn up a few months ago, the ÖBB are required to save. Originally, resources amounting about € 14.3bn were planned for infrastructure investment by the ÖBB, but presently they have been reduced by about € 1.5bn. Therefore, some projects have been cut, downsized or postponed.

For Kern, the saving measures are necessary because of the difficult…

This article includes a total of 248 words.

or Log In

Fast News Search
Related News
The Westbahn Complains Because of ÖBB-Subsidies (February 2, 2011)
ÖBB in "Rebuilding Phase" (January 21, 2011)
Austrian Federal Railways Needs € 400m (January 3, 2011)
Drastic Job Cut at ÖBB (January 1, 2011)
Austrian Official Debt Level Rises (December 21, 2010)
Allegations of Market Abuse Against ÖBB (December 17, 2010)
Read More
Railway Industry, Infrastructure, Funding, OEVP Austrian Peoples Party, OEBB Austrian Railways, Public Debt, Christian Kern, Transport Industry
Featured
Updated Directory of Foreign Ambassadors in Austria 2019
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
Austria Appoints 15 New Ambassadors to Austrian Embassies Worldwide
See latest Vindobona Newsletter