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Rail Cargo Austria :End of Losses Not in Sight
The losses of the ÖBB subsidiary Rail Cargo Austria rise to at least 200 million euro The end is far away. Lay offs and restructuring are necessary.
Rail Cargo Austria :End of Losses Not in Sight / Picture: © Rail Cargo Austria
The losses of RCA will turn out higher this year than previously thought, announced ÖBB boss Christian Kern in interviews.
Previously, a loss of 124 million euro had been predicted. Now, says Kern "a one before the three-digit loss will be most probable." Profits should be registered by RCA only by 2014.
The Hungarian subsidiary Rail Cargo Hungaria (RCH, formerly MAV…
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