The latest rail industry and company news and analysis from FriedlNews
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Austrian Rail Industry Headlines

Austrian Railways Plans to Grow on International Markets

The Austrian railway group ÖBB is to grow on international markets and digitalise business, the CEO Christian Kern announced on Friday. Small acquisitions or minor cooperation with others is possible, too.

April 17, 2015

Austria and Slovenia Sign Deal for Tunnel Construction

Austria and Slovenia agreed on the cooperation on the development of the Karawankentunnel tunnel as a contract on the financing of the complete project was signed by representatives of Austria's road authority Asfinag and its Slovenian counterpart DARS on Tuesday.

April 14, 2015

Kapsch CarrierCom Telecom Sets Up Joint Venture with Algerian Rail Firm

Vienna-based firm Kapsch CarrierCom, a unit of listed e-toll group Kapsch TrafficCom, set up joint venture Rail-Telecom with Algerian railway operator SNTF, Kapsch said in a statement on Wednesday.

April 1, 2015

State Holding ÖIAG Becomes ÖBIB

State holding OIAG has become ÖBIB as per the decision of Friday's GM. CEO Rudolf Kemler will remain at the helm of the company for the time being as an interim president.

March 20, 2015

DPD Austria to Boost Focus on Private Customers

Parcel delivery service DPD Austria thinks it is on the right path with regard to the expansion of private client business and wants to pursue this strategy also this year. "This year we want to expand not only the service and product portfolio for private customers, but also focus more on international delivery, as we can see good opportunities for growth also here” the head of the company Rainer Schwarz said.

March 18, 2015

Austrian Post Integrates Units in CEE

Austrian postal company Österreichische Post has started integrating its units in Central and Eastern Europe with the aim of creating an international package delivery network, Carsten Wallmann, the head of the company's logistics division said at a press conference in Budapest.

March 12, 2015

Austrian Post's Subsidiary Feibra Doubled Sales in Letter Business

Post's subsidiary dealing with distribution of advertising materials, which since 2011 has held a concession for delivery of letters, direct mail and newspapers, more than doubled the value and volume of sales in this area in 2014.

March 9, 2015

ÖBB: Cost of Frohnleiten Bridge Collapse Will Reach Millions

ÖBB Austrian Railways expects costs for repair of collapsed bridge to cost several hundred thousand euros per day.

February 23, 2015

ÖBB to Invest Almost EUR 90 Million in Infastructure in Salzburg

This year the Austrian railways will invest almost EUR 90 million (USD 102.48 million) in infrastructure in the land of Salzburg.

February 6, 2015

Kapsch CarrierCom Deal in Czech Republic Blocked

The Czech competition watchdog UOHS has banned the state-owned railway operating company SZDC from concluding a contract with Kapsch CarrierCom for a railway telecom system (GSMR) worth CZK 216.6 million (EUR 7.8 million /USD 8.8 million), at least for the time being, Czech news portal iDnes.cz reports.

January 30, 2015