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ÖBB with Positive Operating Result in First Half of 2011

Published: September 29, 2011; 15:09 · (Vindobona)

The Austrian Federal Railways continue their restructuring program. Management expects to leave the loss zone by 2013.

ÖBB with Positive Operating Result in First Half of 2011 / Picture: © OEBB

The ÖBB will hold on to its restructuring plan: The railway company wants to expand its core business segments, increase the number of passengers and goods transported, and improve quality and efficiency. Furthermore, the group intends to establish a low-cost carrier in Southeastern Europe together with an international partner. Non-core segments such as the forwarding business, travel…

This article includes a total of 195 words.

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