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Union speaks of "death blow" for Austrian Railway

Published: July 15, 2010; 00:00 · (Vindobona)

In the context of the forthcoming increase of capital of Verbund hydro electrical plants could be bought from the Austrian Railway Network ÖBB.

Union speaks of "death blow" for Austrian Railway / Picture: © OEBB

In the context of the forthcoming increase of capital of Verbund (Austria’s largest electricity provider) hydro electrical plants could be bought from the Austrian Railway Network ÖBB.

The award, worth approximately €500 million ten power plants would not remain with the ÖBB Group, but flow back into the budget to pay the federal government. The ÖBB would have to buy…

This article includes a total of 163 words.

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