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

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

EC Imposes Anti-Trust Fine of EUR 17 Million on ÖBB

The European Commission imposed fines to the tune of EUR 49 million (USD 54 million) on two railway operators: Austria’s ÖBB and Germany’s Deutsche Bahn for participating in a cartel concerning block train loading. Express Interfracht, a subsidiary of ÖBB, will have to pay EUR 17.36 million, while DB Schenker will have to pay EUR 31.8 million.

July 15, 2015

Austrian Railways Eyes Acquisitions Across Central and Eastern Europe

Oesterreichische Bundesbahnen (OeBB), the Austrian state railway operator, is eyeing rail cargo operator buys across Central and Eastern Europe, a source close to the company and a person claiming knowledge of the situation said. OeBB, with EUR 3bn in revenue, believes a number of opportunities will soon come up in countries “east of Austria”, including countries of the former Yugoslavia, the source said.

July 6, 2015

500 Austrian Post Employees Switched to Ministerial Jobs since 2009

Listed postal firm Austrian Post AG saw 500 employees to date move to positions in the ministries under the scheme launched in 2009.

June 11, 2015

Hödlmayr Raises Sales to EUR 220 Million

Upper-Austrian vehicle logistics company Hödlmayr International AG with headquarters in Schwertberg generated sales of about EUR 220 million (USD 248 million) in 2014 (EUR 196 million in 2013). Development on international markets contributed most to this growth.

June 9, 2015

Logistics Companies Optimistic about the Future

The Austrian logistics branch is looking into the future with optimism. After the economic collapse in 2008 and the following years, since 2012 the situation has been improving. This has been observed also by the labour office (AMS) in form of growing demand.

June 8, 2015