Austrian Federal Railways (ÖBB) supervisory board chief Horst Pöchhacker revealed today (Weds) the firms 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 […]
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ÖBB’s MAV Cargo changes name
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Austrian Federal Railway (ÖBB) subsidiary MAV Cargo is changing its name to Rail Cargo Hungaria, it was announced yesterday (Thurs).ÖBBs freight division Rail Cargo Austria (RCA) acquired MAV Cargo in 2008.RCA chief Friedrich Macher said: “Rail Cargo Hungaria will play an important role in combined traffic in southeastern European countries and strengthen RCA in the […]