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

Mountain Railway Sold to Sweden

Swedish listed skilift operator SkiStar is going to acquire a stake in St. Johanner Bergbahn, the Austrian mountain railway operator. The Swedish company will hold a 68 percent stake.

Yesterday

Austrian Railways to Invest over EUR 1.9 Bln in Carinthia by 2021

State-run rail group OEBB will spend over EUR 1.9 billion (USD 2.14 billion) on investments in Carinthian rail track infrastructure by 2021, Infrastructure Minister Gerald Klug told journalists in Klagenfurt.

April 25, 2016

Austrian Railways Carried some 300,000 Refugees since 2015

Austria’s national railway ÖBB has released information today indicating that in 2015 the railway carrier transported nearly 300,000 refugees, and buildings of the ÖBB were used as accommodation on many occasions (70,000 overnight stays).

April 22, 2016

ÖBB to Modernise Route for EUR 70 Million

Österreichischen Bundesbahnen (ÖBB) is to modernize a 104 kilometre route between Linz and Selzthal for EUR 70 million (USD 79.7 million). Half of that sum will be spent on a general overhaul of the Bosruck tunnel, it was announced by the railway company’s infrastructure arm ÖBB Infrastruktur AG. Overhaul work is to commence on 27 May.

April 8, 2016

DO & CO Catering Group Terminates Deal with ÖBB Rail

Listed catering firm DO & CO terminated the deal between its rail unit Henry am Zug and state railway group OBB early citing "important reasons,” the company said Wednesday evening following earlier signals for such a move from its representatives.

March 31, 2016

Austrian Railways Acquired German Cargo Company

Austria’s railway operator ÖBB is expanding activities in Germany by acquiring cargo company PCT Private Car Train in Germany from ARS Altmann Gruppe. The signing of the deal already took place on 4 March. The price has not been disclosed. Founded in 2002, PCT reports an annual revenue of EUR 60 million.

March 21, 2016

Siemens Austria Wins EUR 140 Mln Deal with Polish Partner

The Austrian arm of Siemens and its Polish partner Newag rolling stock will deliver 20 metro trains for the Bulgarian capital Sofia. The deal is worth EUR 140 million (USD 155.1 million) and has an option for another 10 trains.

March 15, 2016

China Railway Rolling Stock Corporation is Vying for EUR 570 Mln Order from Austrian Railways

China Railway Rolling Stock Corporation (CRRC) is vying for a EUR 570 million (USD 624.7 million) order for 200 new cargo railroad engines for Austrian railway company ÖBB, Presse daily reported. The contract award is expected to be decided mid-2016. ÖBB head Christian Kern will travel to China mid-March for talks.

March 7, 2016

Siemens Austria Builds World's Largest Metro Project in Saudi Arabia

The Austrian unit of Siemens announced in Vienna Simmering at the rollout of the first vehicle that a "a very, very big order” has been secured. With six lines and a total route length of 175 kilometers, the capital of Saudi Arabia Riyadh is planning the world's largest subway project. Siemens is to supply the entire turnkey system for two driverless metro lines.

February 24, 2016

Austrian Railways Revamps Website

State-run rail group ÖBB has revamped its website oebb.at. The changes should facilitate travel planning and online tickets purchases.

February 23, 2016