AUSTRIAN Federal Railways (ÖBB) subsidiary Rail Cargo Group (RCG) and Greek partner Goldair Cargo officially launched their Greek open-access rail freight operations at the RCG’s Sindos terminal in Thessaloniki on June 27.
AUSTRIAN Federal Railways (ÖBB) has confirmed it plans to focus on the development of its international passenger and freight business as the company's financial performance continues to improve.
AUSTRIAN Federal Railways (ÖBB) has launched an international tender for a contract to supply up to 200 electric freight locomotives.
AUSTRIAN Federal Railways (ÖBB) railfreight subsidiary Rail Cargo Austria (RCA) announced on September 23 that it has acquired German railfreight operator EBM Cargo as part of its strategy to expand its activities in Germany and the Benelux countries.
FREIGHT traffic on Austria's rail network reached record levels last year while passenger numbers also saw a slight increase, according to figures released as part of rail regulator Schienen-Control's annual report.
AUSTRIAN Federal Railways (ÖBB) CEO Mr Christian Kern and CFO Mr Josef Halbmayr presented the company's annual results at Vienna's new Main Station on April 17, revealing that the railway maintained its recent strong financial performance in 2014.
AUSTRIAN railfreight continued to suffer the effects of the prolonged economic downturn last year according to annual figures released by Austria's rail regulator Schienen-Control, which also show a strong increase in passenger traffic.
THE finances of Austrian Federal Railways (ÖBB) continued to improve last year according to the railway's newly-published annual results, which show a continuation of the turnaround achieved in 2012.
AFTER several years of poor or mixed results, Austrian Federal Railways (ÖBB) achieved a strong turnaround in 2012 with a return to profitability.
RAIL Cargo Group (RCG), the recently-renamed railfreight subsidiary of Austrian Federal Railways' (ÖBB), achieved a higher than forecast Ebit last year of €56m compared with a budgeted profit of €13m.