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

Post AG's Rival DHL Paket Optimistic after one Month of Austrian Operations

DHL Paket, the parcel unit of Deutsche Post, has made a good entry on the Austrian market, based on the state of affairs a month after the launch of operations. DHL Paket is offering 1015 percent lower prices than listed Austrian postal operator Post AG for deliveries from Austria to Germany. In the segment of private customers, the German firm is offering prices by 35 percent lower than Post AG.

October 6, 2015

City of Munich Orders More Trams from Siemens Austria

Munich has ordered more trams from Siemens Austria. Siemens is going to make 22 trams for EUR 70 million (USD 78 million) for the municipality. The city has also options to order another 124 tram units worth up to EUR 300 million.

October 2, 2015

Austrian President Fischer Visits Bolivia

Austria’s Federal President Heinz Fischer will participate in a UNO assembly session in New York on Wednesday, and will travel to Bolivia afterwards. He will be in La Paz for two days, on an official visit meeting with President Evo Morales.

September 29, 2015

Austrian Railways has Bought Small German Private Railway EBM Cargo

Austria’s state-controlled railway ÖBB has acquired German private railway operator EBM Cargo GmbH, via ÖBB’s cargo unit Rail Cargo. EBM Cargo GmbH will now operate as Rail Cargo Carrier Germany. The measure will strengthen the Rail Cargo brand and its presence on the European railway cargo market, the operator stressed in a statement.

September 23, 2015

Austrian Railways Plans Acquisitions in Germany

The head of Austrian railway company ÖBB, Christian Kern expects that his company will see its market share in Austria shrink, so he wants the company to expand abroad. The company is eying above all small railway companies in Germany and North-West Europe.

September 14, 2015

Austrian Post Reports Stable Income in H1

Austria’s postal service provider reported a stable revenue of EUR 1.179 billion (USD 1.28 billion) (up 0.6 percent y/y) in H1 2015, while EBIT edged up 2.3 percent to EUR 96.5 million and the outlook for the whole year revenue hike remains also stable (12 percent).

August 6, 2015

Kapsch Group with Stable Sales of about EUR 910 Million

Kapsch group with headquarters in Vienna generated sales of Eur 908.8 million in the financial year 2014/15 (by March 31, 2015). A year earlier the company generated sales of EUR 923.3 million. After carried out writedowns on holding companies, Ebitda amounts to EUR 6.6 million after EUR 25.2 million for the previous year.

August 4, 2015

EC Raises Concerns About New Austrian Railway Law

The new railway law planned for Austria has raised the concern of the EC. The Transport Ministry in Vienna confirmed towards APA a report printed by daily Standard (Wednesday issue), according to which the EU Directorate-General for Mobility and Transport had voiced its concerns about the draft bill in a letter, at the beginning of June.

July 30, 2015

Austrian Railways Unit Rail Cargo Austria Sets Up JV in Belgium

State railway group OBB unit Rail Cargo Austria set up a logistics joint venture in Belgian port of Antwerp. The local partner is Rail & Sea NV.

July 28, 2015

Rail Transport: Slight Increase in Volume

Last year Austrian railway companies carried 278 million passengers, by 4 million more than in 2013. The passenger-kilometers recorded in 2014 climbed to 12.1 billion, from 11.9 billion in 2013. The transport output rose by 6 percent to 22.5 net ton kilometers. 113 million tonnes of goods were carried on rails last year.

July 20, 2015