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Vienna International Rail Industry News
Read the latest headlines about developments in the international rail industry in Vienna and Austria


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


New Board Member at ÖBB-Infrastruktur AG

Siegfried Stumpf succeeds Herwig Wiltberger, who retires from the Board on health reasons at the end of November.
September 22, 2011


Turnaround of RCA Is „Very Close“

The restructuring process of the Rail Cargo Hungaria, a subsidiary of the Austrian Federal Railways (ÖBB) is going on. The rail cargo segment reports better results than expected.
September 19, 2011


Westbahn Company to Provide Bus Service

The new Austrian competitor to the Federal Railways (ÖBB) intends to extend its transport services to bus lines.
September 13, 2011


ÖBB: “Cargo Business on the Right Track“

The Austrian Federal Railways’ CEO is satisfied with the development of the group’s cargo unit. RCA achieved a positive operating result in the first half of the year.
August 26, 2011


SNCF Acquires Stake in Westbahn

The French national railway company participates with 26% in ÖBB’s new competitor. Operations start on 11 December.
August 24, 2011


Tumpel-Gugerell Appointed to the Supervisory Board of ÖBB

The former central banker will join the Supervisory Board of the Austrian Federal Railways’ holding company.
August 18, 2011


ÖBB’s Debt Will Amount to € 30bn in 2020

Large infrastructure development projects will almost double the Austrian Federal Railways’ debt. In relation to other European countries, Austria spends the second highest amount per capita on the expansion of rail networks.
July 4, 2011


Hungary Considering Buyback of ÖBB’s Rail Cargo Hungaria

The Hungarian state is interested in acquiring a stake in the Austrian Federal Railways’ cargo subsidiary which it privatized in 2008.
June 14, 2011


ÖBB with Capital Injection for Its Italian Freight Business

The Austrian Federal Railways’ subsidiary Linea needs additional funding in order to cover its last year’s losses of € 5.8m.
June 9, 2011