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Vienna International Rail Industry News
Read the latest headlines about developments in the international rail industry in Vienna and Austria
Kapsch Successfully Completes Interoperability Tests for GSM-R
Train communication systems from Kapsch CarrierCom successfully tested according to EU interoperability specifications.
June 28, 2013
Kapsch Technology Ensures Safety on the Mecca-Medina Railway Line with it GSM-R Solution
The Prestigious High-speed rail on the pilgrimage route between the two holy cities of the Kingdom of Saudi Arabia is being equipped with the GSM-R solution of Kapsch.
June 24, 2013
Austria: Reduction in Working Hours at ÖBB
So far, the trade association of railways at the Austrian Chamber of Commerce (WKO) has rejected the reduction of working hours at the Austrian Railways (ÖBB).
June 20, 2013
Austria: Raids by EU Commission at ÖBB
The Austrian Railways is alleged of having agreed to fixed prices with other companies. House searches were carried out.
June 19, 2013
Zagreb: In-depth Analysis of SEE Infrastructure Development Plans
Many countries of Southeast Europe are outlining ambitious infrastructure development plans within transport, social, energy and environmental projects.
June 1, 2013
Vienna: Infrastructure & Construction Summit Brings Together All Balkan Countries
Government ministers from Austria and various Balkan countries will be discussing infrastructure and construction in the region at a two-day summit in Vienna at the end of May.
April 30, 2013 · Sponsored Content
Lopatka: „Poland Important Economic Partner and Ally of Austria in EU“
Austrian State Secretary encourages bilateral relations and trade between the two Central European countries as well as improved relations between EU and US.
April 30, 2013
Voestalpine: Compensations for Deutsche Bahn
Deutsche Bahn (DB) is to receive compensations by Austrian steel manufacturer voestalpine.
April 29, 2013
Austria: Haselsteiner to Increase Share at Westbahn
Hans Peter Haselsteiner, CEO of Strabag, is going to increase his stake in Westbahn to 47 %, the railway company, which is in majority privately held and main competition for Austrian Railways (ÖBB).
April 23, 2013
Eder: Future of Voestalpine and Steel Manufacturing Industry
In an interview CEO of voestalpine, Wolfgang Eder explains the current situation on the steel market and points out that mass products will come from CESEE countries in the future.
April 4, 2013
Strikes Paralyze Poland
Protests against government’s changes in education, social and labor policy.
March 27, 2013
Bulgaria: Latest Protests Against Privatizing of Railway
Protesters in three cities gathered to demonstrate against the privatization of the freight division of the Bulgarian state railroads (BDZ).
March 12, 2013
Hungary Enlarges Railway Network
State Secretary on Foreign Relations Peter Szijjarto announced that MAV (Hungarian Railways) starts its biggest investment program since WWII.
February 28, 2013
Austrian Railways Achieved Net Profit Last Year
For the first time for decades, Austrian railways (ÖBB) could generate profits after taxes.
February 26, 2013
Romania Privatizes Freight Division of National Railways
Romania´s government sells a 51% stake in CFR Marfa, the publicly held rail freight company.
February 6, 2013
Austrian Railways: Sale is „No Issue”
Christian Kern, CEO of Austrian Railways (ÖBB) underlines that the company must not be sold.
November 24, 2012
Austrian Railways: Net Income to Reach € 200m in Medium Term
Despite the difficult economic situation, CEO Christian Kern aims to increase the profitability further. “The fourth quarter will be brutal.” he says.
October 20, 2012
Austrian Railways: Pöchhacker Opposes to Privatization Plans
Horst Pöchhacker, President of ÖBB´s (Austrian Railways) is against a privatization of the company. Vice-Chancellor Michael Spindelegger (ÖVP) recently suggested to sell ÖBB to Frank Stronach.
September 10, 2012
ÖBB to Become Privatized?
In the summer talks of Austria´s public broadcaster ORF, Vice Chancellor commented that the founder of Magna Frank Stronach should acquire ÖBB (Austrian Railways). A highly controversial debate has begun.
September 8, 2012
Poland as European Logistics Hub
Real estate analysts predict that Poland will become Europe´s logistics hub in 2020.
September 1, 2012
Austrian Railways to Record Profits
In the first six months of 2012, ÖBB (Austrian Railways) has recorded operating profits.
August 16, 2012
Austrian Railways to Record Profits Already in 2012
Christian Kern, CEO of Austrian Railways, explains that the company´s restructuring is going on. The results would be better than the expectations.
July 16, 2012
Austrian Railways and Hungarian MAV to Cooperate
ÖBB and MAV are said to plan a common expansion strategy in Southeastern Europe.
June 25, 2012
Russians Push New Railway Line to Vienna
Russian Railways intends to establish an axis between China and Europe.
June 4, 2012
Mixed Results in Austrian Transport Industry
The transport volume in road freight transport increased in 2011 by almost 4.1%. In the rail sector, the transport volume declined slightly.
May 31, 2012
Massive Demand for Austrian Railway Bonds
The majority of the € 1.0bn bond was placed with high quality institutional investors in Germany, Asia, Austria and France; offering was 3.0x over-subscribed within 30 minutes.
May 10, 2012
Restructuring: Hope at ÖBB
In 2010, Austrian Railways recorded losses of € 330m. CEO Kern could decrease losses to € 28m in 2011. The final turnaround is not achieved yet, Kern says.
April 26, 2012
Scharinger to Enter ÖBB´s Board
The former CEO of RLB Upper Austria becomes supervisory board member at Austrian Railways.
April 25, 2012
Austrian Railways: € 33bn Investment Package Resolved
The Austrian National Council decided the infrastructure package for ÖBB (Austrian Railways). Until 2017, investments of € 33bn will be made.
April 19, 2012
Austrian Railways Aims for Expansion in SEE
ÖBB (Austrian Railways) wants to establish a new freight subsidiary operating in Southeastern Europe. In Austria, ÖBB performs better than expected.
April 16, 2012
Austrian Industry Underlines Importance of „South Axis“
According to a recent study, the Southern Railway (Südbahn) creates 15,000 new jobs. The value creation totals € 15.5bn.
April 12, 2012
Asfinag to Cut Costs by € 2.8bn
The Austrian highway funding company wants to reduce construction costs by € 2.8bn over the next five years.
March 26, 2012
Austrian Railways: Hope for RCA
Rail Cargo Austria, the freight division of Austrian Railways (ÖBB) seems to have achieved the turnaround. In 2010, RCA caused losses of € 67m.
March 10, 2012
Austrian Railways Looking for Partners
ÖBB (Austrian Railways) wants to re-launch its foreign markets with local partners. After 2008, ÖBB had to downsize operations abroad.
February 28, 2012
ÖBB Cuts Early Retirements and Projects
The Austrian Railways (ÖBB) has to reduce costs by € 1.6bn until 2016. The major part is based on cost cuts in infrastructure projects.
February 11, 2012
Kapsch Wins Contract in Ireland
The Austrian toll system supplier wins Irish Rail GSM-R tender for the implementation of a digital train radio system.
February 2, 2012
Do & Co Takes Over Catering at ÖBB
After the successful application, the Austrian catering company Do & Co will serve passengers at ÖBB in future. Do & Co. ÖBB expects to reduce costs.
January 28, 2012
Austrian Railways: Resistance Against Management Arising
The works council as Austrian Railways (ÖBB) wants to prevent the planned reduction in staff. Before that, outsourced service must be reduced, the council states.
January 28, 2012
Austrian Railways Reduced Losses
The Austrian Railways (ÖBB) is still in the red. Nevertheless, losses were lower than initially expected.
January 19, 2012
Alpine Receives Railroad Operator License
The Austrian construction company received official license from the Ministry of Transport, Innovation and Technology for freight transports today.
December 22, 2011
Austerity Package for Austrian Railways?
According to media reports, the Austrian Railways (ÖBB) faces drastic steps. Among others, a hiring freeze is discussed.
December 19, 2011
Austrian Railways: Losses Amount to € 28.0m
The Austrian Federal Railways (ÖBB) could reduce its expected losses for 2011. Operating results could be positive.
December 12, 2011
Dismal Prospects for Austrian Transport Industry
In spite of satisfying results this year, the domestic transport industry expects worsening conditions in 2012.
November 21, 2011
Siemens Austria to Manufacture Trams Worth € 100m
The German technology group will build 40 new generation vehicles in Vienna, with parts coming from the plant in Graz.
November 18, 2011
Swietelsky and Strabag Win Orders in Romania
The Austrian construction companies were commissioned by the national railways to renovate the infrastructure on two lines.
November 11, 2011
Federal Railways: Debt Burden € 15.2bn
The Austrian Minister of Infrastructure, Doris Bures, announced the amount of debt for Austrian Federal Railways and Asfinag.
November 5, 2011
Sale at Rail Cargo Austria?
The freight traffic division of the Austrian Federal Railways (ÖBB) still suffers from its Hungarian subsidiary RCH. A sale to Hungary seems to be possible.
October 15, 2011
ÖVP: Privatization of ÖBB “Unrealistic”
A privatization of the Austrian Federal Railways as suggested by Finance Minister Fekter is not an option at the moment.
October 7, 2011
Czech Railways Orders 16 Railjets from Vienna
Major Order for Siemens Austria from the Czech National Railways Ceske Drahy: the railway group exercises an option, which was reserved for the Austrian Federal Railways originally.
October 3, 2011
ÖBB with Positive Operating Result in First Half of 2011
The Austrian Federal Railways continue their restructuring program. Management expects to leave the loss zone by 2013.
September 29, 2011
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