ÖBB freight branch’s 2009 turnover deep in the red

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Business

Austrian Federal Railways (ÖBB) supervisory board chief Horst Pöchhacker revealed today (Weds) the firm’s freight business department suffered operative losses of 100 million Euros last year.Pöchhacker said in a radio interview: “Turnover dropped by 500 million Euros due to the exceptional crisis last year, but we already managed to save around 400 million Euros.”He claimed […]