The latest rail industry and company news and analysis from FriedlNews
Page 1/16

Austrian Rail Industry Headlines

Austrian Railways Secures EUR 1.8 Bln Loan from EIB

Austria's state-run rail carrier ÖBB will receive EUR 1.8 billion (USD 1.9 billion) loan from the European Investment Bank (EIB) for the modernisation of the Vienna-Graz rail track until 2026, the parties announced after the signing of the contract.

November 30, 2015

Christmas Season - Mail Order Business in Austria Booming

If the expectations of the mail order sector come true, there will be a literal flood of parcels this year before Christmas. "We expect in Christmas season this year sales growth of 15 percent” the head of Unito group (Otto, Universal, Quelle, etc.), Harald Gutschi told journalists on Tuesday. The terror attacks in Paris have additionally raised online orders.

November 24, 2015

Telekom Austria Opens New Logistics Centre in Hagenbrunn

Communication service provider A1 has opened a new logistics centre in Hagenbrunn (district Korneuburg). The centre will replace numerous former warehouses among others at Perfektastraße in Vienna-Liesing as central distribution centre. 150 employees have been transferred.

November 18, 2015

Austria’s Railway Industry Sets Hope on Exports and Innovation

Transport Minister Alois Stöger (SPÖ) stressed during a celebration of the anniversary of the railway industry association, Austria’s railway industry is its calling card. The sector boasts an export ratio of 71 percent. Austria is the railway user country number one in the EU. The Railway industry association has 25 members, including such prominent firms as Kapsch, Plasser & Theurer, Siemens, Bombardier, Frequentis, Voith and KnorrBremse.

November 18, 2015

Austrian Railways Set to Become "Faster, Simpler, more Digital" in 2016

OBB rail carrier wants to become "faster, simpler and more digital,” CEO Christian Kern said on the occasion of the presentation of the 2016 timetable.

November 13, 2015

Austrian Post Boosts Social Plan for Employees over 50

State-run postal firm Post AG wants to decrease the number of employees over 50 years old and to this aim will offer higher severance payments and a boosted social plan, the daily Standard writes.

November 13, 2015

Austria's Railway Transport Rises most EU-wide

Of all European member states railway traffic rose strongest in Austria over a span of ten years from 2003 to 2013, Eurostat data indicate. The railway passenger transport in Austria has increased by 3.2 percentage points.

November 4, 2015

Austrian Railways Sell Grounds Round Northwest Rail Station

State railway group OBB sold a large part of the land at the Vienna Northwest Rail Station to a real estate consortium, the magazine Profil writes.

November 3, 2015

OBIB: Reporting Style Needs Yet to Be Defined

From the point of view of Martha Oberndorfer, General Secretary of state asset management group ÖBIB, the statutory framework for the name-change of the state holding (from ÖIAG) in March has been the right thing to do. However, it still has not been completely cleared how the holding is going to report to the federal government for each quarter.

October 23, 2015

Haselsteiner: Austrian Railways Intended to Harm Westbahn

Industrialist Hans Peter Haselsteiner, one of the owners of Westbahn, competitor to Austrian state-owned railways ÖBB, claims that the national railway wanted to harm Westbahn. He critices that the "whole action [regarding the refugee transports] has been distorted in reports by one of the numerous opponents of Westbahn in ÖBB”.

October 23, 2015