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ÖBB must save up to 600 million euros

Die ÖBB planen Einsparungen von bis zu 600 Millionen Euro jährlich
Die ÖBB planen Einsparungen von bis zu 600 Millionen Euro jährlich ©APA/HANS KLAUS TECHT (Symbolbild)
The ÖBB must save up to 600 million euros annually, reports the "Tiroler Tageszeitung". Freight transport is under pressure as many contracts are lost and the ÖBB competes with low-cost truck providers in the cargo sector. This area will also record losses this year, according to ÖBB General Director Andreas Matthä.

The state's austerity measures affect the ÖBB's expansion plan. The federal government will provide up to 300 million euros less annually. Nevertheless, the railway plans to invest 3.2 billion euros in infrastructure in 2024. Internal savings are expected to bring 200 to 300 million euros, without reducing the current workforce of 47,000 employees. Each year, 4,000 to 5,000 new hires are planned.

New ÖBB Trains Despite Savings

Despite the savings, the rolling stock is to be renewed. More than 100 new train sets are to be deployed this year and next: These include four new Railjets, six double-decker Railjets, 27 Interregios, 21 local transport Cityjets, 47 double-decker Cityjets, and six new train sets for South Tyrol traffic. The long-distance offer will be significantly expanded: With the new winter timetable in December, it will be increased by a remarkable 30 percent, Matthä further announced. However, train travel will also become more expensive, likely in line with inflation.

(APA/Red)

This article has been automatically translated, read the original article here.

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