ÖBB CEO Kern Closes In on Politicians

People ♦ 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…

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Railway Industry, Infrastructure, Funding, OEVP Austrian Peoples Party, OEBB Austrian Railways, Public Debt, Christian Kern, Transport Industry
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