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RCA Rail Cargo Austria

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

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

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

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

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

Rail Freight Transport Increased in 2010

The volume of goods transported on Austrian railways increased by 8.9% in the last year. However, it is still below the level of 2008.

May 31, 2011

ÖBB: No Sale of Loss-Making Rail Cargo Hungaria

The Austrian Federal Railways want to become market leader in rail cargo in Central and Southeastern Europe. € 30m will be invested in Hungary.

May 27, 2011

Surprisingly Good First Quarter Results for ÖBB

The Austrian Federal Railways achieved earnings of € 4.2m before tax in the first three months of 2011. For the full year, however, the company still forecasts a loss.

May 23, 2011